Wells Fargo Donates $250,000 for Mexico Earthquake Relief Efforts

Company also waives transfer fees for remittances to Mexico through
October 6

SAN FRANCISCO–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) today announced a $250,000 donation to
the American Red Cross to assist with relief efforts in areas of central
Mexico that were devastated by a Sept. 19 earthquake. This donation will
help the Red Cross assist with preparedness, relief and recovery efforts
following the 7.1 magnitude earthquake that killed more than 200 people,
injured hundreds more and destroyed buildings and key infrastructure
throughout the region. Wells Fargo has maintained a presence in Mexico
since 1860.

“Our thoughts are with all of those impacted by this devastating
earthquake and we are committed to helping them recover and rebuild as
quickly as possible,” said Walfer Mejia, Wells Fargo’s country manager
for Mexico.

To assist its customers who have family and friends affected by the
earthquake, Wells Fargo also announced that it will waive transfer fees
for ExpressSend®
remittances sent from an eligible account to Mexico through October 6,
2017. The first remittance sent under each Service Agreement must be
initiated in person at a Wells Fargo branch, though customers with an
existing checking or savings account may be able to initiate their first
remittance by calling the Wells Fargo Phone BankSM.
Subsequent remittances may be initiated at a Wells Fargo retail banking
branch, by calling Wells Fargo Global Remittance Services at
1-800-556-0605, or through Wells Fargo Online® at wellsfargo.com.
Beneficiaries can receive funds at 11,600 locations and 16,900 ATMs in
Mexico.

“We know many of our customers are eager to send money to help family
and friends pay for critical needs like food and water, medical bills
and home repairs, and we’re proud to help our customers send every
possible dollar back home,” said Daniel Ayala, head of Wells Fargo’s
Global Remittance Services Group. “We stand in solidarity with the
people of Mexico.”

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based
financial services company with $2.0 trillion in assets. Wells Fargo’s
vision is to satisfy our customers’ financial needs and help them
succeed financially. Founded in 1852 and headquartered in San Francisco,
Wells Fargo provides banking, insurance, investments, mortgage, and
consumer and commercial finance through more than 8,500 locations,
13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has
offices in 42 countries and territories to support customers who conduct
business in the global economy. With approximately 273,000 team members,
Wells Fargo serves one in three households in the United States. Wells
Fargo & Company was ranked No. 25 on Fortune’s 2016 rankings of
America’s largest corporations. The Chronicle of Philanthropy ranked
Wells Fargo No. 3 on its most recent list of the top corporate cash
philanthropists. In 2016, Wells Fargo donated $281.3 million to 14,900
nonprofits and Wells Fargo team members volunteered 1.73 million hours
with 50,000 nonprofits. Wells Fargo’s corporate social responsibility
efforts are focused on three priorities: economic empowerment in
underserved communities, environmental sustainability, and advancing
diversity and social inclusion. News, insights and perspectives from
Wells Fargo are also available at Wells
Fargo Stories
.

Contacts

Media
Kris Dahl, 612-667-7271
kristopher.a.dahl@wellsfargo.com
Erica
S. Van Ross, 704-715-9749
erica.vanross@wellsfargo.com