EX-99.2

Wells Fargo 1Q13 Supplement

Appendix

Pages 22-35

Non-strategic/liquidating loan portfolio risk reduction

Purchased credit-impaired (PCI) portfolios

PCI nonaccretable difference

PCI accretable yield

Pick-a-Pay credit highlights

Real estate 1-4 family first mortgage portfolio

Home equity portfolio

Credit card portfolio

Auto portfolios

Student lending portfolio

Tier 1 common equity under Basel I

Tier 1 common equity under Basel III

(Estimated)

Forward-looking statements and

additional information

Table of contents

1Q13 Results

Page 2

Year-over-year results

Strong revenue diversification

Balance Sheet and credit overview

Income Statement overview

Loans

Deposits

Net interest income

Noninterest income

Residential mortgage

Noninterest expense and efficiency ratio

Environmentally-elevated costs

Community Banking

Wholesale Banking

Wealth, Brokerage and Retirement

Credit quality

17-18

Capital

Demonstrated momentum across the franchise

Summary –

strong 1Q13

Wells Fargo 1Q13 Supplement

Record earnings of $5.2 billion, up 22% year-

over-year (YoY) and 2% linked quarter (LQ)

Record diluted earnings per common share of

$0.92, up 23% YoY and 1% LQ

Efficiency ratio of 58.3%

(1)

, improved 180 bps

YoY and 50 bps LQ

Pre-tax pre-provision profit

(2)

of $8.9 billion, up

2% YoY and down $193 million LQ

Strong credit performance with net charge-offs

of 72 bps

ROA = 1.49%, up 18 bps YoY and up 3 bps LQ

ROE = 13.59%, up 145 bps YoY and up 24 bps LQ

Capital levels continued to grow

10.38% Tier 1 common equity ratio under Basel I

and estimated Tier 1 common equity ratio under

Basel III of 8.39%

(3)

1Q13 Results

Wells Fargo Net Income

($ in millions)

Diluted earnings per common share

4,248

4,622

4,937

5,090

5,171

1Q12

2Q12

3Q12

4Q12

1Q13

$0.75

$0.82

$0.88

$0.91

$0.92

(1) Efficiency ratio defined as noninterest expense divided by total revenue (net interest income plus noninterest income).

(2) Pre-tax pre-provision profit (PTPP) is total revenue less noninterest expense. Management believes PTPP is a useful financial measure because it enables

investors and others to assess the Company’s ability to generate capital to cover credit losses through a credit cycle.

(3) Estimated Basel III calculation based on management’s current interpretation of the Basel III capital rules proposed by federal banking agencies in notices of

proposed rulemaking announced in June 2012. The proposed rules and interpretations and assumptions used in estimating Basel III calculations are subject

to change depending on final promulgation of Basel III capital rules. See pages 33-34 for additional information regarding Tier 1 common equity ratios.

Wells Fargo 1Q13 Supplement

Balanced Spread and

Fee Income

Diversified Fee Generation

Deposit Service Charges

11%

Card Fees

Total Mortgage Banking

26%

Insurance

Net Gains from Trading

Strong revenue diversification

Total Trust & Investment Fees 30%

Total Other Fees

10%

Other Noninterest Income

(1)

Net Interest

Income

Noninterest

Income

Brokerage advisory,

commissions and

other

Mortgage Orig./

Sales, net

Mortgage Servicing, net

Trust and investment

management

Investment banking

Charges and fees on loans

Merchant processing

Cash network

CRE brokerage commissions

All other fees

Letters of credit

Card fees

Deposit service charges

Other noninterest income

(1)

Net gains from trading

Insurance

All data is for 1Q13.

(1) Other noninterest income includes net gains (losses) on debt securities available for sale, equity investments,

lease income, life insurance investment income and all other noninterest income.

Wells Fargo 1Q13 Supplement

Balance Sheet and credit overview

Loans

Total period-end loans up $392 million

Core loans increased $4.1 billion reflecting the retention of $3.4 billion of

1-4 family conforming first mortgage production as well as growth in foreign

and auto

Non-strategic/liquidating

portfolio

decreased

$3.7

billion

(1)

Short-term investments/

Fed funds sold

Up $6.5 billion on average deposit balance growth

Securities available for

sale (AFS)

Up $13.0 billion driven by new investments

$17.8 billion in gross agency MBS purchases during periods of higher rates in

the quarter

Deposits

Up $7.9 billion on strong retail deposit growth

Long-term debt

Down $1.2 billion as $7.6 billion in issuances were more than offset by maturities,

redemptions and other reductions

Common stock

repurchases

Purchased 16.6 million common shares in the quarter

2013 Capital Plan included an increase in common stock repurchase activity

compared with 2012

Credit

Provision expense of $1.2 billion down $612 million

Net charge-offs of $1.4 billion, or 72 bps, down $662 million on $165 million

lower losses in commercial and $497 million lower losses in consumer; 4Q12

losses included $321 million in consumer losses from the completion of

implementation

OCC

guidance

(2)

$200 million reserve release

(3)

vs. $250 million in 4Q12

Period-end balances. All result comparisons are 1Q13 compared with 4Q12.

(1) See pages 7 and 23 for additional information regarding core loans and the non-strategic/liquidating portfolio, which comprises the Pick-a-Pay, liquidating

home equity, legacy WFF indirect auto, legacy WFF debt consolidation, Education Finance-government guaranteed, and legacy Wachovia commercial &

industrial, commercial real estate, foreign and other PCI loan portfolios.

(2) Office of the Comptroller of the Currency update to the Bank Accounting Advisory Series issued third quarter 2012 (OCC guidance). The OCC guidance requires

write-down of performing consumer loans discharged in bankruptcy to net realizable collateral value.

(3) Provision expense minus net charge-offs.

Wells Fargo 1Q13 Supplement

Income Statement overview

Total revenue

Revenue of $21.3 billion, down $689 million, or 3%, from 4Q12 that included above-

average quarterly equity gains

Net interest income

NII down 1% primarily reflecting two fewer days in the quarter

Net interest margin (NIM) down 8 bps to 3.48% driven by continued growth in deposit

balances and lower variable income

Noninterest income

Mortgage banking down $274 million reflecting lower mortgage origination volumes

Net servicing income up $64 million

Gain on sale revenue down $338 million

Trust & investment fees stable as strong retail brokerage transaction revenue and

asset-based fees were offset by lower investment banking

Market sensitive revenues

(1)

down $199 million

Lower gains on equity investments from 4Q12 that included the gain on the sale

of Becker Underwood more than offset stronger trading

Noninterest expense

Personnel expense up $832 million, including $460 million in seasonally higher

employee benefits expense, annual equity awards for retirement-eligible employees

and higher deferred compensation expense

Operating losses down $796 million reflecting 4Q12 accrual for the Independent

Foreclosure Review (IFR) Settlement and additional remediation-related costs

All other expense down $265 million reflecting a 4Q12 contribution to the Foundation

Income tax rate

31.9% effective income tax rate includes the benefit associated with the realization

for tax purposes of a previously written-down investment

Full year effective tax rate expected to be higher than 1Q13 absent additional

discrete benefits

All result comparisons are 1Q13 compared with 4Q12.

(1) Includes net gains from trading activities, net gains (losses) on debt securities available for sale and net gains from equity investments.

Wells Fargo 1Q13 Supplement

Loans

Solid core loan growth

Period-end loans up $33.5 billion YoY and $392

million from 4Q12

Commercial loans up $516 million LQ on growth

in foreign loans

Consumer loans down $124 million LQ as growth

in first mortgage and auto was more than offset

by a $2.9 billion decline in junior lien mortgage

and seasonally lower credit card

•

Includes retention of $3.4 billion of 1-4 family

conforming first mortgages

Non-strategic/liquidating loans

(1)

down $17.4

billion YoY and $3.7 billion from 4Q12

Core loans grew $50.9 billion YoY and $4.1 billion

Total average loans of $798.1 billion up $29.5

billion YoY and $10.9 billion LQ

Total average loan yield of 4.49%, down 9 bps LQ

Core loan yield excluding the non-strategic/

liquidating portfolio was down 8 bps

Non-strategic/liquidating portfolio yield

of 5.02%

(1) See page 23 for additional information regarding the non-strategic/liquidating portfolio, which comprises the Pick-a-Pay, liquidating home equity, legacy WFF

indirect auto, legacy WFF debt consolidation, Education Finance-government guaranteed, and legacy Wachovia commercial & industrial, commercial real estate,

foreign and other PCI loan portfolios.

Period–end Loans Outstanding

($ in billions)

(1)

Total average loan yield

766.5

775.2

782.6

799.6

800.0

1Q12

2Q12

3Q12

4Q12

1Q13

Core loans

Non-strategic/liquidating loans

Wells Fargo 1Q13 Supplement

668.4

689.2

711.9

246.6

286.9

274.3

915.0

976.1

986.2

1Q12

4Q12

1Q13

Interest-bearing deposits

Noninterest-bearing deposits

Deposits

Continued growth and reduced average cost

Average deposits up $71.2 billion YoY and $10.1

billion LQ driven by late 4Q12 deposit growth as

well as retail deposit growth in the quarter

Average core deposits of $925.9 billion up $55.3

billion YoY and down $3.0 billion from 4Q12

116% of average loans

Average retail core deposits up 8% YoY and

11% annualized LQ

Average core checking and savings up $62.8

billion, or 8% YoY, and down $1.5 billion

from 4Q12

94% of average core deposits

Average deposit cost of 15 bps, down 1 bp

from 4Q12

Average Deposits and Rates

($ in billions)

Average deposit cost

Average Core Checking and Savings

($ in billions)

807.8

872.1

870.6

1Q12

4Q12

1Q13

0.20%

0.16%

0.15%

Wells Fargo 1Q13 Supplement

Tax-equivalent net interest income

(1)

down 2% LQ primarily due to two fewer days

in the quarter

Average earning assets up $21.6 billion or

2% LQ

Short-term investments/fed funds sold up

$3.9 billion

Loans up $10.9 billion

AFS securities up $10.6 billion

Mortgages held for sale declined $3.9 billion

NIM of 3.48%, down 8 bps, from 4Q12 on:

Deposit growth = (3) bps

Variable income = (3) bps

Continued balance sheet repricing, growth and

mix = (2) bps

Net interest income

Net Interest Income (TE)

(1)

($ in millions)

Net Interest Margin (NIM)

(1) Tax-equivalent net interest income is based on the federal statutory rate of 35% for the periods presented. Net interest income was $10,888 million, $11,037

million, $10,662 million, $10,643 million, $10,499 million for 1Q12, 2Q12, 3Q12, 4Q12 and 1Q13 respectively.

1Q12

2Q12

3Q12

4Q12

1Q13

11,058

11,213

10,820

10,841

10,675

Wells Fargo 1Q13 Supplement

Noninterest income

Deposit service charges down 3% LQ reflecting

seasonality

Trust and investment fees essentially flat LQ as a 4%

increase in retail brokerage transaction revenue and

asset-based fees was offset by lower investment

banking

Other fees down $159 million, or 13% LQ, driven by

lower commercial real estate brokerage commissions

Mortgage banking down $274 million, or 9%, LQ

Net servicing income up $64 million as higher

servicing fees and lower MSR amortization

expense were partially offset by lower net

MSR/servicing hedge results

Gain on sale revenue down $338 million on

lower origination volumes

$112 million in forgone revenue from the

retention of conforming production

10,748

10,252

10,551

11,305

10,760

1Q12

2Q12

3Q12

4Q12

1Q13

($ in millions)

1Q13

4Q12

1Q12

Noninterest income

Service charges on deposit accounts

1,214

(3)

Trust and investment fees

Brokerage advisory, commissions

and other fees

2,050

Trust and investment management

799

Investment banking

353

(20)

Card fees

738

Other fees

1,034

(13)

(6)

Mortgage banking

2,794

(9)

(3)

Insurance

463

(11)

Net gains from trading activities

570

107

(11)

n.m.

Net gains from equity investments

113

(84)

(69)

Lease income

130

(24)

120

Other

457

(28)

Total noninterest income

10,760

(5)

Net gains on debt securities available

for sale

Insurance up 17% LQ driven by seasonally

higher crop insurance premiums

Trading gains up $295 million LQ and included

$120 million higher deferred compensation plan

investment income (P&L neutral)

Equity gains down $602 million from 4Q12

which included the gain on sale of Becker

Underwood

Wells Fargo 1Q13 Supplement

4.90

5.89

7.11

9.03

6.88

7.77

2.14

2.70

3.06

2.73

2.61

2.82

7.04%

8.59%

10.17%

11.76%

9.48%

10.59%

Wells Fargo

Citi

JPM Chase

Bank of

America

Industry

Industry ex

WFC

Deliquency Rate

Foreclosure Rate

Residential mortgage

Production, servicing and repurchase trends

Sixth consecutive quarter of over $100 billion of

originations

Margins remained elevated and are expected

to decline

Wells Fargo total delinquency and foreclosure

ratio for 1Q13 was 6.54%, down 50 bps LQ and

down from 6.89% in 1Q12

4Q12 Wells Fargo delinquency and foreclosure

ratio continued to be lower than peers

Number and balance of total outstanding

repurchase demands were down slightly

LQ and YoY

Repurchase reserves of $2.3 billion increased

$111 million LQ

(1) Net gains on mortgage loan origination/or sales activities less repurchase

reserve build divided by total originations.

(2) Includes mortgage insurance rescissions.

(3) Inside Mortgage Finance, data as of December 31, 2012. Industry excluding

WFC performance calculated based on IMF data.

(4) Industry is all large servicers ($5.9 trillion) including WFC, C, JPM and BAC.

(4)

Total

Outstanding

Repurchase

Demands

(2)

and

Agency New Demands for 2006-2008 Vintages

4Q12 Servicing Portfolio Delinquency

Performance

(3)

Residential mortgage production trends

($ in billions)

1Q13

4Q12

3Q12

2Q12

1Q12

Applications

140

152

188

208

188

Pipeline

102

Originations

109

125

139

131

129

Gain on Sale

(1)

2.56

2.21

2.20

2.36

Number of Outstanding Demands

Agency New Demands for 2006-2008 Vintages

Original Loan Balance of Outstanding Demands ($ in B)

Wells Fargo 1Q13 Supplement

Noninterest expense and efficiency ratio

(1)

Noninterest expense down $496 million

from 4Q12

Personnel expense up $832 million, or 12%

•

Employee benefits included $460 million of

seasonally higher payroll taxes and 401(K)

matching expenses and $103 million higher

deferred compensation expense

•

Commissions and incentive compensation

included $199 million in annual equity awards

for retirement-eligible employees

Other expense down $1.2 billion

•

4Q12 results included $644 million

incremental accrual to fully reserve for

settlement costs associated with the IFR

Settlement and additional remediation-related

costs as well as a $250 million contribution to

the Foundation

•

Outside professional services down $209

million on lower legal costs and ~$60 million

lower OCC Consent Order costs

Efficiency ratio of 58.3% in 1Q13

Continue to target an efficiency ratio of 55%-

59%

Expect 2Q13 expenses to decline from 1Q13

12,993

12,397

12,112

12,896

12,400

1Q12

2Q12

3Q12

4Q12

1Q13

Efficiency Ratio

894

(2)

12,002

60.1%

58.2%

57.1%

58.8%

58.3%

(1)

Efficiency ratio defined as noninterest expense divided by total revenue (net

interest income plus noninterest income). Noninterest expense and our

efficiency ratio may be affected by a variety of factors, including business and

economic cyclicality, seasonality, changes in our business composition and

operating environment, growth in our business and/or acquisitions, and

unexpected expenses relating to, among other things, litigation and regulatory

matters.

(2)

Includes $644 million for IFR Settlement and additional remediation-related

costs and $250 million Foundation contribution.

($ in millions)

1Q13

4Q12

1Q12

Noninterest expense

Salaries

3,663

(2)

Commission and incentive compensation

2,577

Employee benefits

1,583

(2)

Equipment

528

(3)

(5)

Net occupancy

719

(1)

Core deposit and other intangibles

377

(10)

FDIC and other deposit assessments

292

(5)

(18)

Other

2,661

(32)

(20)

Total noninterest expense

12,400

(4)

(5)

Wells Fargo 1Q13 Supplement

Community Banking

Net income of $2.9 billion, up 25% YoY

and 2% LQ

Regional Banking

Continued franchise and cross-sell growth

(1)

Primary consumer checking customers

(2) (3)

a net 2.1% YoY

Business checking accounts

(2)

up a net

2.9% YoY

Retail bank cross-sell of 6.10 products per

household up from 5.98 in 1Q12

Consumer Lending

Credit card penetration

(1) (4)

rose to 34.1%, up

from 33.1% in 4Q12 and 29.9% in 1Q12

Record consumer auto originations of $6.8 billion,

up 27% LQ and up 10% YoY

Mortgage originations of $109 billion down

13% LQ and 16% YoY

10% of originations were from HARP

(5)

vs.

12% in 4Q12 and 15% in 1Q12

($ in millions)

1Q13

4Q12

1Q12

Net interest income

7,119

(1)

(3)

Noninterest income

5,780

(13)

(5)

Provision for credit losses

1,262

(28)

(33)

Noninterest expense

7,377

(8)

(6)

Income tax expense

1,288

Segment earnings

2,924

($ in billions)

Avg loans, net

498.9

Avg core deposits

619.2

(1)

Metrics reported on a one-month lag from reported quarter-end; for example 1Q13 cross-sell is as of February 2013.

(2)

Checking customer and account growth is 12-months ending for each respective period.

(3)

Customers who actively use their checking account with transactions such as debit card purchases, online bill payments, and direct deposit.

(4)

Household penetration as of February 2013 and defined as the percentage of retail banking deposit households that have a credit card with Wells Fargo.

Household penetration has been redefined to include legacy Wells Fargo Financial accounts.

(5)

Home Affordable Refinance Program.

1Q13

4Q12

1Q12

Regional Banking

Primary consumer checking customers

(1)(2)(3)

2.1

n.a.

Business checking account growth

(1)(2)

2.9

3.7

3.8

Retail Bank household cross-sell

(1)

6.10

6.05

5.98

($ in billions)

1Q13

4Q12

1Q12

Consumer Lending

Credit card payment volumes (POS)

11.7

(8)

Credit card penetration

(1)(4)

34.1

100

bps

420

Home Mortgage

Applications

140

(8)

(26)

Application pipeline

(9)

(6)

Originations

109

(13)

(16)

Wells Fargo 1Q13 Supplement

Wholesale Banking

Net income of $2.0 billion, up 9% YoY and 1% LQ

Net interest income down 3% LQ; average loans

up 2%

Noninterest income up 6% LQ on broad-based

growth

Provision reflects lower gross losses and higher

recoveries

Expenses up 3% LQ driven by seasonally higher

personnel and insurance expense

Key Metrics

Cross-sell of 6.8 products per relationship

(1)

20 bps YoY

Treasury Management

Commercial card spend volume of $4.4 billion up

2% LQ and 19% YoY

Investment Banking

1Q13 Investment Banking fees from Wholesale

customers up 14% YoY

U.S. investment banking market share

(2)

of 4.6%

Asset Management

Total AUM up $11.4 billion LQ and included $4.1

billion in net flows into both short-term and long-

term strategies

(1) Cross-sell reported on a one-quarter lag.

(2) Source: Dealogic U.S. investment banking fee market share.

($ in millions)

1Q13

4Q12

1Q12

Net interest income

3,005

(3)

(6)

Noninterest income

3,081

Provision for credit losses

(58)

n.m.

Noninterest expense

3,091

Income tax expense

1,007

(1)

Segment earnings

2,045

($ in billions)

Avg loans, net

284.5

Avg core deposits

224.1

(7)

($ in billions)

1Q13

4Q12

1Q12

Key Metrics:

Cross-sell

(1)

6.8

Commercial card spend

volume

4.4

YTD U.S. investment banking

market share %

(2)

4.6

(50)

bps

(20)

Total AUM

463.2

Advantage Funds AUM

223.6

Wealth, Brokerage and Retirement

Net income up 14% YoY and down 4% LQ

Net interest income down 3% LQ; average core

deposits up 4%

Noninterest income up 5% LQ; excluding $47

million higher deferred compensation plan

investment results, noninterest income was up

3% due to higher retail brokerage transaction

revenue and asset-based fees

Noninterest expense was up 5% LQ; excluding

$41 million in higher deferred compensation

expense, expenses increased 3% due to

seasonality in personnel expenses and increased

broker commissions

Retail Brokerage

Managed account assets of $325 billion, up 7%

LQ and 16% YoY driven by strong net flows and

market performance

Wealth Management

Wealth

Management

client

assets

and

3% YoY

Retirement

IRA assets up 6% LQ and 9% YoY

Institutional Retirement plan assets up 5% LQ

and 9% YoY

(1) Includes deposits.

(2) Data as of February 2013.

($ in millions)

1Q13

4Q12

1Q12

Net interest income

669

(3)

(5)

Noninterest income

2,528

Provision for credit losses

(7)

(67)

Noninterest expense

2,639

Income tax expense

207

(4)

Segment earnings

337

(4)

($ in billions)

Avg loans, net

43.8

Avg core deposits

149.4

($ in billions, except where noted)

1Q13

4Q12

1Q12

Key Metrics:

WBR Clients Assets

(1)

($ in trillions)

1.5

Cross-sell

(2)

10.33

Retail Brokerage

Financial Advisors

15,354

Managed account assets

325

Client assets

(1)

($ in trillions)

1.3

Wealth Management

Client assets

(1)

208

Retirement

IRA Assets

314

Institutional Retirement

Plan Assets

279

Wells Fargo 1Q13 Supplement

2.4

2.2

2.4

2.1

1.4

1Q12

2Q12

3Q12

4Q12

1Q13

1.25%

1.15%

1.21%

1.05%

0.72%

2.0

1.8

1.6

1.8

1.2

1Q12

2Q12

3Q12

4Q12

1Q13

Credit quality

Trends showed continued improvement

Provision expense of $1.2 billion, down $612

million from 4Q12

Net charge-offs of $1.4 billion were down $662

million LQ, or 32%; 4Q12 consumer losses

included $321 million from OCC guidance

(1)

0.72% net charge-off rate

Commercial losses of 0.10%, down 19 bps LQ

Consumer losses of 1.23%, down 45 bps LQ,

reflecting both lower severities and frequency

NPAs declined $1.6 billion LQ on a $960 million

decline in nonaccrual loans and a $673 million

decline in foreclosed assets

Early stage consumer delinquency balances

decreased 14% and rates declined 26 bps LQ

Reserve release

(2)

of $200 million vs. $250

million in 4Q12

Absent significant deterioration in the economy

we continue to expect future reserve releases

in 2013

Allowance for credit losses = $17.2 billion

Remaining PCI nonaccretable = 22.9% of

remaining UPB

(3)

(1) OCC guidance, see page 5 for additional information. 4Q12 losses included $271 million from the completion of implementation and $50 million

from 4Q12 activity.

(2) Provision expense minus net charge-offs.

(3) Unpaid principal balance for PCI loans that have not had a UPB charge-off.

Net Charge-offs

($ in billions)

Provision Expense

($ in billions)

1.8

0.6

(1)

0.89%

Net charge-off rate (as reported)

Net charge-off rate (as adjusted)

0.3

(1)

0.92%

1.8

Wells Fargo 1Q13 Supplement

22.0

20.6

19.7

20.5

19.5

4.6

4.3

4.2

4.0

3.4

26.6

24.9

25.3

24.5

22.9

1Q12

2Q12

3Q12

4Q12

1Q13

Nonaccrual loans

Foreclosed assets

1.2

1.1

1.2

1.1

0.4

0.3

1.6

1.4

1.5

1.4

1Q12

2Q12

3Q12

4Q12

1Q13

Consumer

Commercial

6.8

6.6

6.9

6.5

5.5

$10

1Q12

2Q12

3Q12

4Q12

1Q13

2.00%

1.94%

1.97%

1.79%

1.53%

Credit quality

Trends showed continued improvement

Nonperforming Assets

(1)

($ in billions)

Consumer Loans 30-89 DPD &

Still

Accruing

(1)(4)

(Balances and rates)

Loans

90+

DPD

and

Still

Accruing

(1)(4)

($ in billions)

(2)

1.4

(3)

(1)

30-89 days and 90 days or more past due and still accruing, and nonperforming loans, include held for sale loans reported on Balance Sheet.

(2)

Includes $1.7 billion at March 31, 2012, resulting from implementation of Interagency Supervisory Guidance on Allowance for Loan and Lease Losses

Estimation Practices for Loans and Lines of Credit Secured by Junior Liens on 1-4 Family Residential Properties issued January 31, 2012.

(3)

OCC guidance.

(4)

Excludes mortgage loans insured/guaranteed by the FHA or VA, reverse mortgages, margin loans and student loans whose repayments are predominantly

guaranteed by guarantee agencies on behalf of the U.S. Department of Education under the Federal Family Education Loan Program. Also excludes the

carrying value of PCI loans contractually delinquent.

Wells Fargo 1Q13 Supplement

Capital

9.98%

10.08%

9.92%

10.12%

10.38%

1Q12

2Q12

3Q12

4Q12

1Q13

Capital remained strong

Tier 1 common equity ratio under Basel I

of 10.38% increased 26 bps LQ

Ratio reduced by 25 bps by implementation of

Basel 2.5

(1)

Tier 1 common equity ratio under Basel III is

estimated to be 8.39% at 3/31/13

(2)

Purchased

16.6 million common shares in 1Q13

Redeemed $2.8 billion of trust preferred

securities

2013 Capital Plan includes an increase in capital

returns

shareholders

from

2012

and

includes:

Dividend rate of $0.30 per share for 2Q13

subject to Board approval

Increase in common stock repurchase

activity

Tier 1 Common Equity Ratio

Under Basel I

Wells Fargo 1Q13 Supplement

See Appendix page 33-34 for additional information regarding Tier 1 common equity ratios.

1Q13 capital ratios are preliminary estimates.

(1)

Federal Reserve’s Market Risk Final Rule became effective on January 1, 2013.

(2)

Estimated Basel III calculation based on management’s current interpretation of the Basel III capital rules proposed by federal banking agencies in notices of

proposed rulemaking announced in June 2012. The proposed rules and interpretations and assumptions used in estimating Basel III calculations are subject to

change depending on final promulgation of Basel III capital rules. See pages 33-34 for additional information regarding Tier 1 common equity ratios.

Demonstrated momentum across the franchise

Retail

bank

cross-sell

6.10

products

per

household

from

5.98

1Q12

(1)

$4.2 billion in net new loan commitments to small business customers, up 24% YoY

Primary consumer checking customers up a net 2.1% YoY

(2)

Record auto originations of $6.8 billion, up 27% LQ and 10% YoY

Consumer

credit

card

new

accounts

1Q13

increased

31%

and

18%

YoY

with

household

penetration

increasing 420 bps YoY to 34.1%

(3)

Cross-sell

6.8

products

per

relationship

(4)

from

6.6

1Q12

driven

increased

penetration

with

eastern commercial banking customers across multiple products

Eleven consecutive quarters of average loan growth in Commercial Banking

Investment banking revenue from Wholesale customers increased 14% YoY, including revenue from

commercial and corporate customers which was up 2%

AUM up 4% YoY from $19 billion in net flows as well as higher market valuations

Record managed account assets of $325 billion increased 7% LQ and 16% YoY

Cross-sell

10.33

products

per

household

from

10.16

1Q12

(1)

Wells Fargo 1Q13 Supplement

(1)

Metrics reported on a one-month lag from reported quarter-end; for example 1Q13 cross-sell is as of February 2013.

(2)

Checking customer growth is 12-months ending February 2013. Customers who actively use their checking account with transactions such as debit card

purchases, online bill payments, and direct deposit.

(3)

Household penetration as of February 2013 and defined as the percentage of retail banking deposit households that have a credit card with Wells Fargo.

(4)

Wholesale Banking cross-sell is reported on a one-quarter lag and is as of December 2012 and December 2011, respectively.

Regional Banking

Consumer Lending Group

Wholesale Banking

Wealth, Brokerage and Retirement

(1) Net of purchase accounting adjustments.

-$82.6

Non-strategic/liquidating loan portfolio risk reduction

-$5.1

-$100.0

-$4.5

-$4.1

-$3.7

($ in billions)

1Q13

4Q12

3Q12

2Q12

1Q12

4Q08

Pick-a-Pay mortgage

(1)

56.6

58.3

60.1

62.0

64.0

95.3

Liquidating home equity

4.4

4.6

5.0

5.2

5.5

10.3

Legacy WFF indirect auto

0.6

0.8

1.1

1.5

1.9

18.2

Legacy WFF debt consolidation

14.1

14.5

15.0

15.5

16.0

25.3

Education Finance - gov't guaranteed

11.9

12.5

13.0

13.8

14.8

20.5

Legacy WB C&I, CRE and foreign PCI loans

(1)

2.8

3.2

3.8

4.3

5.2

18.7

Legacy WB other PCI loans

(1)

0.4

0.6

0.8

2.5

Total

90.8

94.5

98.6

103.1

108.2

190.8

Wells Fargo 1Q13 Supplement

Purchased credit-impaired (PCI) portfolios

Legacy Wachovia PCI loans continued to perform better than originally expected

($ in billions)

Adjusted unpaid principal balance

(1)

December 31, 2008

29.2

62.5

6.5

98.2

December 31, 2012

5.0

32.0

1.4

38.4

March 31, 2013

4.4

31.1

0.9

36.4

Nonaccretable difference rollforward

12/31/08 Nonaccretable difference

10.4

26.5

4.0

40.9

Addition of nonaccretable difference due to acquisitions

0.2

Losses from loan resolutions and write-downs

(6.9)

(17.6)

(2.9)

(27.4)

Release of nonaccretable difference since merger

(3.4)

(3.0)

(0.8)

(7.2)

(2)

3/31/13 Remaining nonaccretable difference

0.3

5.9

0.3

6.5

Life-to-date net performance

Additional provision since 2008 merger

(1.7)

(0.1)

(1.8)

Release of nonaccretable difference since 2008 merger

3.4

3.0

0.8

7.2

(2)

Net performance

1.7

3.0

0.7

5.4

Commercial

Pick-a-Pay

Other

consumer

Total

Wells Fargo 1Q13 Supplement

(1)

Includes write-downs taken on loans where severe delinquency (normally 180 days) or other indications of severe borrower financial stress exist that

indicate there will be a loss of contractually due amounts upon final resolution of the loan.

(2)

Reflects releases of $1.8 billion for loan resolutions and $5.4 billion from the reclassification of nonaccretable difference to the accretable yield, which

will result in increasing income over the remaining life of the loan or pool of loans.

$31 million in nonaccretable difference reclassified to accretable yield this quarter

$412 million in losses from loan resolutions and write-downs in the quarter

$6.5 billion in nonaccretable difference remains to absorb losses on PCI loans

Remaining

nonaccretable

22.9%

unpaid

principal

balance

(UPB)

(5)

•

Remaining

Pick-a-Pay

nonaccretable

24.2%

Pick-a-Pay

UPB

(5)

PCI nonaccretable difference

Analysis of nonaccretable difference for PCI loans

($ in millions)

Pick-a-Pay

Total

Balance, December 31, 2012

422

6,232

Addition of nonaccretable difference due to acquisitions

Release of nonaccretable difference due to:

Loans

resolved

settlement

with

borrower

(1)

(30)

Loans

resolved

sales

third

parties

(2)

(5)

Reclassification

accretable

yield

for

loans

with

improving

credit-related

cash

flows

(3)

(31)

Use of nonaccretable difference due to:

Losses

from

loan

resolutions

and

write-downs

(4)

(20)

(345)

Balance, March 31, 2013

336

5,887

Other

consumer

Commercial

310

6,964

(30)

(31)

(5)

(47)

(412)

263

6,486

(1)

Release of the nonaccretable difference for settlement with borrower, on individually accounted PCI loans, increases interest income in the period of settlement.

Pick-a-Pay and Other consumer PCI loans do not reflect nonaccretable difference releases for settlements with borrowers due to pool accounting for those

loans, which assumes that the amount received approximates the pool performance expectations.

(2)

Release of the nonaccretable difference as a result of sales to third parties increases noninterest income in the period of the sale.

(3)

Reclassification of nonaccretable difference to accretable yield for loans with increased cash flow estimates will result in increased interest income as a

prospective yield adjustment over the remaining life of the loan or pool of loans.

(4)

Write-downs to net realizable value of PCI loans are absorbed by the nonaccretable difference when severe delinquency (normally 180 days) or other

indications of severe borrower financial stress exist that indicate there will be a loss of contractually due amounts upon final resolution of the loan.

(5)

Unpaid principal balance of loans without write-downs.

Wells Fargo 1Q13 Supplement

Accretable yield balance decreased $583 million LQ and included:

Accretion into interest income of $447 million

Accretion into noninterest income of $151 million reflecting loan sales of other consumer PCI loans

Balance of $18.0 billion expected to accrete to income over the remaining life of the underlying loans

Commercial accretable yield balance of $1.0 billion; weighted average life of portfolio is 2.9 years

•

Accretable yield percentage of 16.60% relatively stable LQ

Pick-a-Pay accretable yield balance of $16.6 billion; weighted average life of 12.3 years

•

Accretable yield percentage of 4.7% flat LQ

PCI accretable yield

(1) Includes accretable yield released as a result of settlements with borrowers, which is included in interest income.

(2) Includes accretable yield released as a result of sales to third parties, which is included in noninterest income.

(3) Represents changes in cash flows expected to be collected due to the impact of modifications, changes in prepayment assumptions, changes in interest rates on

variable rate PCI loans and sales to third parties.

Cumulative

Accretable yield rollforward

since

($ in millions)

1Q13

4Q12

merger

Total, beginning of period

18,548

18,912

10,447

Addition of accretable yield due to acquisitions

131

Accretion

into

interest

income

(1)

(447)

(513)

(9,798)

Accretion

into

noninterest

income

due

sales

(2)

(151)

(393)

Reclassification from nonaccretable difference for loans with improving credit-related cash flows

135

5,385

Changes

expected

cash

flows

that

not

affect

nonaccretable

difference

(3)

(16)

12,193

Total, end of period

17,965

18,548

17,965

Wells Fargo 1Q13 Supplement

Pick-a-Pay credit highlights

Non-PCI portfolio

Loans down 3% LQ driven by loans paid-in-full

85% of portfolio current

Nonaccrual loans flat LQ

$129 million of nonaccrual TDRs reclassified to

accruing TDR status based on borrower payment

performance

$4.2 billion in nonaccruals includes $2.1 billion

of nonaccruing TDRs

Net charge-offs of $104 million down $34 million

LQ on improved portfolio performance and lower

severities

48% of portfolio with LTV

(2)

80%

PCI portfolio

Carrying value down 2%

68% of portfolio current, consistent with 4Q12

Life-of-loan losses continued to be lower than

originally projected at time of merger

Wells Fargo 1Q13 Supplement

($ in millions)

1Q13

4Q12

Non-PCI loans

Carrying value

(1)

30,843

31,940

Nonaccrual loans

4,204

4,200

as a % of loans

13.63

13.15

Net charge-offs

104

138

as % of avg loans

1.34

1.68

90+ days past due

as % of loans

10.23

10.30

Current

average

LTV

(2)

($ in millions)

1Q13

4Q12

PCI loans

Adjusted

unpaid

principal

balance

(3)

31,078

32,003

Carrying value

(1)

25,765

26,334

Current

average

LTV

(2)

(1)

The carrying value, which does not reflect the allowance for loan losses, includes purchase accounting adjustments, which, for PCI loans, are the

nonaccretable difference and the accretable yield, and for all other loans, an adjustment to mark the loans to a market yield at date of merger less any

subsequent charge-offs.

(2)

The current loan-to-value (LTV) ratio is calculated as the net carrying value (defined in (1) above) divided by the collateral value.

(3)

The adjusted unpaid principal balance includes write-downs taken on loans where severe delinquency (normally 180 days) or other indications of severe

borrower financial stress exist that indicate there will be a loss of contractually due amounts upon final resolution of the loan.

Real estate 1-4 family first mortgage portfolio

First lien mortgage loans up 1% as growth in core

first lien mortgage was partially offset by

continued run-off in the liquidating portfolio

Pick-a-Pay non-PCI portfolio down 3%

PCI portfolio down 3%

Debt consolidation first lien down 3%

Core first lien up $4.6 billion, or 3%, reflecting the

retention of $3.4 billion of conforming production

and continued strong origination volumes

Core net charge-offs down $123 million from

4Q12 losses that included OCC guidance impact;

1Q13 reflected improved severities and frequency

(1)

Ratios

Legacy

WFF

debt

consolidation

first

mortgage

loan

portfolio

only.

(2) Ratios on non run-off first lien mortgage loan portfolio only.

Wells Fargo 1Q13 Supplement

($ in millions)

1Q13

4Q12

Total real estate 1-4 family first mortgage

252,307

249,900

Less consumer non-strategic/liquidating portfolios:

Pick-a-Pay non-PCI first lien mortgage

30,843

31,940

PCI first lien mortgage

26,086

26,838

Debt consolidation first mortgage portfolio

13,794

14,178

Core first lien mortgage

181,584

176,944

Nonaccrual loans

2,323

2,363

as % of loans

16.84 %

16.67

Net charge-offs

119

182

as % of average loans

3.45 %

5.03

Nonaccrual loans

4,793

4,892

as % of loans

2.64 %

2.76

Net charge-offs

206

329

as % of loans

0.46 %

0.74

Legacy

WFF

debt

consolidation

first

mortgage

loan

performance

(1)

Core

first

lien

mortgage

loan

performance

(2)

Home equity portfolio

Core Portfolio

(1)

Outstandings

down 3%

High quality new originations with weighted

average CLTV of 62%, 777 FICO, and 32% total

debt service ratio

1Q13 losses decreased $208 million

2+ delinquencies decreased $226 million

Delinquency rate for loans with a CLTV >100%

improved 33 bps

Liquidating Portfolio

Outstandings down 5%

1Q13 losses decreased $35 million

2+ delinquencies declined $17 million

Delinquency rate for loans with a CLTV >100%

improved 45 bps

Total

home

equity

portfolio

$92

billion

21% in 1

lien position

40% in junior lien position behind WFC owned or

serviced 1

lien

Current

lien,

Current

junior

lien

96.1%

Current

lien,

Delinquent

junior

lien

1.0%

Delinquent

lien,

Current

junior

lien

1.4%

Delinquent

lien,

Delinquent

junior

lien

1.5%

39%

junior

lien

position

behind

third

party

lien

Excludes purchased credit-impaired loans.

(1) Includes equity lines of credit and closed-end junior liens associated with the

Pick-a-Pay portfolio totaling $1.3 billion at March 31, 2013 and at December

31, 2012.

(2)

CLTV

calculated

based

outstanding

balance

plus

unused

lines

credit

divided by estimated home value. Estimated home values are determined

predominantly based on automated valuation models updated through March

2013.

(3) Unsecured balances, representing the percentage of outstanding balances

above the most recent home value.

($ in millions)

1Q13

4Q12

Core Portfolio

(1)

Outstandings

87,298

90,427

Net charge-offs

414

622

as % of avg loans

1.89

2.69

2+ payments past due

2,271

2,497

as % loans

2.61

2.77

% CLTV > 100%

(2)

2+ payments past due

3.19

3.52

% Unsecured balances

(3)

% 1st lien position

Liquidating Portfolio

Outstandings

4,421

4,647

Net charge-offs

101

as % of avg loans

5.87

8.33

2+ payments past due

161

178

as % loans

3.64

3.82

% CLTV > 100%

(2)

2+ payments past due

3.28

3.73

% 1st lien position

Wells Fargo 1Q13 Supplement

Credit card portfolio

Credit card outstandings of $24.1 billion, down

2% LQ on seasonally lower balances and up 10%

YoY on strong account growth

Record 577,000 new accounts in 1Q13, up 31%

LQ and 18% YoY

Credit Card household penetration rate rose to

34.1%

(1)

, up from 33.1% in 4Q12

Purchase dollar volume and transactions are

down 8% and 7% from 4Q12, respectively

reflecting seasonality

Net charge-offs up $13 million, or 25 bps, LQ and

down $7 million, or 44 bps, YoY

(1) Household penetration as of February 2013 and defined as the percentage of retail banking deposit households that have a credit card with Wells Fargo.

($ in millions)

1Q13

4Q12

Credit card outstandings

24,120

24,640

Net charge-offs

235

222

as % of avg loans

3.96

3.71

Key Metrics:

Purchase volume

11,658

12,609

Penetration

(1)

34.1

33.1

Wells Fargo 1Q13 Supplement

Auto portfolios

(1)

Consumer Portfolio

Auto outstandings of $47.3 billion up 3% LQ and

7% YoY

1Q13 originations of $6.8 billion up 27% LQ

reflecting seasonal car sales and up 10% YoY

Nonaccrual loans stable LQ

Net charge-offs were down $36 million LQ

March Manheim index of 120.4, down 3% LQ and

5% from March 2012

30+ days past due decreased $338 million LQ

reflecting seasonality

Commercial Portfolio

Loans of $7.6 billion up 2% LQ and 21% YoY as

dealer floorplan utilization rates hit highest levels

since the merger

Continued strong credit performance

(1)

The auto portfolio has been refined to exclude Specialized Lending recreational vehicle and marine loan balances and includes the liquidating legacy Wells Fargo

Financial indirect portfolio of $593 million.

($ in millions)

1Q13

4Q12

Auto outstandings

44,939

43,647

Nonaccrual loans

192

210

as % of loans

0.43

0.48

Net charge-offs

103

as % of avg loans

0.65

0.94

30+ days past due

614

937

as % of loans

1.37

2.15

Auto outstandings

2,320

2,351

Nonaccrual loans

as % of loans

1.20

1.50

Net charge-offs

as % of avg loans

0.85

1.41

30+ days past due

as % of loans

0.83

1.43

Commercial Portfolio

Auto outstandings

7,570

7,396

Nonaccrual loans

as % of loans

Net charge-offs (recoveries)

as % of avg loans

n.m.

Indirect Consumer Portfolio

Direct Consumer Portfolio

Wells Fargo 1Q13 Supplement

Student lending portfolio

$22.9 billion student lending outstandings down

1% LQ

Private Portfolio

$11.0 billion private loans outstandings up 3% LQ

and up 7% YoY

Applications decreased 10% LQ due to spring

term applications

Dollar originations increased 140% LQ due

to spring term disbursements in the quarter

Continued to originate high quality loans with

an average FICO of 764 and 78% of new loans

co-signed

Net charge-offs down $8 million LQ due to

seasonality of repayments on loans

Government Portfolio

$11.9 billion liquidating government guaranteed

outstandings declined 4% LQ and 19% YoY

($ in millions)

1Q13

4Q12

Education Finance

Total outstandings

22,897

23,119

Private Portfolio

Private outstandings

10,975

10,654

Net charge-offs

as % of avg loans

1.10

1.41

30 days past due

226

233

as % of loans

2.06

2.19

Government Guaranteed Portfolio

Government outstandings

11,922

12,465

Wells Fargo 1Q13 Supplement

Tier 1 common equity under Basel I

(1)

Wells Fargo 1Q13 Supplement

Wells Fargo & Company and Subsidiaries

FIVE

QUARTER

TIER

COMMON

EQUITY

UNDER

BASEL

(1)

Mar. 31,

Dec. 31,

Sept. 30

June 30,

Mar. 31,

($ in billions)

2013

2012

Total equity

163.4

158.9

156.1

149.4

146.8

Noncontrolling interests

(1.3)

(1.4)

(1.3)

Total Wells Fargo stockholders' equity

162.1

157.6

154.7

148.1

145.5

Adjustments:

Preferred equity

(12.6)

(12.0)

(11.3)

(10.6)

Goodwill and intangible assets (other than MSRs)

(32.5)

(32.9)

(33.4)

(33.5)

(33.7)

Applicable deferred assets

3.1

3.2

3.3

3.5

3.7

Deferred tax asset limitation

MSRs over specified limitations

(0.8)

(0.7)

(0.9)

Cumulative other comprehensive income

(5.1)

(5.6)

(6.4)

(4.6)

(4.1)

Other

(0.6)

(0.4)

(0.5)

(0.4)

Tier 1 common equity

(A)

113.6

109.0

105.8

101.7

99.5

Total risk-weighted assets

(2)

(B)

1,095.1

1,077.1

1,067.10

1,008.6

996.8

Tier 1 common equity to total risk-weighted assets

(2)

(A)/(B)

10.38

10.12

9.92

10.08

9.98

(1)

(2)

Tier 1 common equity is a non-generally accepted accounting principle (GAAP) financial measure

that is used by investors, analysts and bank regulatory

agencies to assess the capital position of financial services companies. Management reviews Tier 1 common equity along with other measures of capital

as part of its financial analyses and has included this non-GAAP financial information, and the corresponding reconciliation

to total equity, because of

current interest in such information on the part of market participants.

Under the regulatory guidelines for risk-based capital, on-balance sheet assets and credit equivalent amounts of derivatives and off-balance sheet items

are assigned to one of several broad risk categories according to the obligor, or, if relevant, the guarantor or the nature of any collateral. The aggregate

dollar amount in each risk category is then multiplied by the risk weight associated with that category. The Company’s March 31, 2013, risk-weighted

assets and resulting Tier 1 common equity to total risk-weighted assets are preliminary and reflect total estimated on-balance sheet and total estimated

derivative and off-balance sheet risk-weighted assets of $882.7 billion and $212.4 billion, respectively. Effective September 30, 2012, the Company refined

its determination of the risk weighting of certain unused lending commitments that provide for the ability to issue standby letters of credit and

commitments to issue standby letters of credit under syndication

arrangements where the Company has an obligation to issue in a lead agent or similar

capacity beyond its contractual participation level.

Tier 1 common equity under Basel III (Estimated)

(1)

Wells Fargo 1Q13 Supplement

Wells Fargo & Company and Subsidiaries

TIER

COMMON

EQUITY

UNDER

BASEL

III

(ESTIMATED)

(1)

(2)

Mar. 31,

($ in billions)

2013

Tier 1 common equity under Basel I

113.6

Adjustments from Basel I to Basel III

(3)(5)

Cumulative other comprehensive income related to AFS securities and

defined benefit pension plans

4.8

0.5

5.3

Threshold deductions, as defined under Basel III

(4) (5)

(0.9)

Tier 1 common equity anticipated under Basel III

(C)

118.0

Total risk-weighted assets anticipated under Basel III

(6)

(D)

1,406.1

Tier 1 common equity to total risk-weighted assets anticipated under Basel III

(C)/(D)

8.39

(1)

(2)

(3)

(4)

(5)

(6)

Volatility in interest rates can have a significant impact on the valuation of cumulative other comprehensive income and MSRs and therefore, may impact

adjustments from Basel I to Basel III, and MSRs subject to threshold deductions, as defined under Basel III, in future reporting

periods.

Under current Basel proposals, risk-weighted assets incorporate different classifications of assets,

with certain risk weights based on a borrower's credit

rating or Wells Fargo's own risk models, along with adjustments to address a combination of credit/counterparty, operational and

market risks, and other

Basel III elements. The amount of risk-weighted assets anticipated under Basel III is preliminary and subject to change depending on final promulgation

of Basel III capital rulemaking and interpretations thereof by regulatory authorities.

Other

Total adjustments from Basel I to Basel III

Tier 1 common equity is a non-generally accepted accounting principle (GAAP) financial measure

that is used by investors, analysts and bank regulatory

agencies to assess the capital position of financial services companies. Management reviews Tier 1 common equity along with other measures of capital

as part of its financial analyses and has included this non-GAAP financial information, and the corresponding reconciliation

to total equity, because of

current interest in such information on the part of market participants.

The Basel III Tier 1 common equity and risk-weighted assets are calculated based on management’s current interpretation of the Basel III capital rules

proposed by federal banking agencies in notices of proposed rulemaking announced in June 2012. The proposed rules and interpretations and

assumptions used in estimating Basel III calculations are subject to change depending on final promulgations of Basel III capital rules.

Adjustments from Basel I to Basel III represent reconciling adjustments, primarily certain components of cumulative other comprehensive income

deducted for Basel I purposes, to derive Tier 1 common equity under Basel III.

Threshold

deductions,

defined

under

Basel

III,

include

individual

and

aggregate

limitations,

percentage

Tier

common

equity,

with

respect

MSRs, deferred tax assets and investments in unconsolidated financial companies.

Forward-looking statements and additional information

Forward-looking statements:

This Quarterly Supplement and management’s related presentation contain forward-looking statements about our future financial

performance.

These

forward-looking

statements

include

statements

using

words

such

“believe,”

“expect,”

“anticipate,”

“estimate,”

“target”, “should,”

“may,”

“can,”

“will,”

“outlook,”

“appears”

or similar expressions. These forward-looking statements may include,

among others, statements about: future credit quality and performance, including our current expectation of future loan loss reserve

releases; our outlook for future growth; mortgage repurchase exposure; exposure related to mortgage practices, including

foreclosures and servicing; our noninterest expense and efficiency ratio, including our targeted efficiency ratio range as part of our

expense

management

initiatives;

the

future

economic

environment,

including

the

housing

market;

loan

growth;

our

expectations

regarding

net

interest

income

and

net

interest

margin;

reduction

mitigation

risk

our

loan

portfolios;

our

mortgage

originations, including mortgage volume, sale or retention of our mortgage production, and gain on sale margins; the estimated

impact of regulatory reform on our financial results and business and expectations regarding our efforts to mitigate such impact; our

estimated

Tier

common

equity

ratio

March

31,

2013,

under

proposed

Basel

III

capital

rules;

our

full

year

2013

effective

income

tax

rate;

and

future

common

stock

dividends,

common

repurchases

and

other

uses

capital.

Investors

are

urged

not unduly rely on forward-looking statements as actual results could differ materially from expectations. Forward-looking

statements speak only as of the date made, and we do not undertake to update them to reflect changes or events that occur after

that date. For more information about factors that could cause actual results to differ materially from expectations, refer to page 14

of Wells Fargo’s press release announcing our first quarter 2013 results, as well as Wells Fargo’s reports filed with the Securities and

Exchange

Commission,

including

the

discussion

under

“Risk

Factors”

our

Annual

Report

Form

10-K

for

the

year

ended

December 31, 2012.

Purchased credit-impaired loan portfolio:

Loans that were acquired from Wachovia that were considered credit impaired were written down at acquisition date in purchase

accounting to an amount estimated to be collectible and the related allowance for loan losses was not carried over to Wells Fargo’s

allowance. In addition, such purchased credit-impaired loans are not classified as nonaccrual or nonperforming, and are not included

in loans that were contractually 90+ days past due and still accruing. Any losses on such loans are charged against the

nonaccretable difference established in purchase accounting and are not reported as charge-offs (until such difference is fully

utilized). As a result of accounting for purchased loans with evidence of credit deterioration, certain ratios of the combined company

are not comparable to a portfolio that does not include purchased credit-impaired loans.

In certain cases, the purchased credit-impaired loans may affect portfolio credit ratios and trends. Management believes that the

presentation of information adjusted to exclude the purchased credit-impaired loans provides useful disclosure regarding the credit

quality of the non-impaired loan portfolio. Accordingly, certain of the loan balances and credit ratios in this Quarterly Supplement

have been adjusted to exclude the purchased credit-impaired loans. References in this Quarterly Supplement to impaired loans mean

the

purchased

credit-impaired

loans.

Please

see

pages

31-33

the

press

release

for

additional

information

regarding

the

purchased

credit-impaired loans.

Wells Fargo 1Q13 Supplement