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Wells Fargo & Company (WFC) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript

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Wells Fargo & Company (WFC) Bernstein 42nd Annual Strategic Decisions Conference May 27, 2026 4:30 PM EDT

Company Participants

Charles Scharf – CEO & Chairman

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Conference Call Participants

Kenneth Usdin – Bernstein Autonomous LLP

Presentation

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Kenneth Usdin
Bernstein Autonomous LLP

Excellent. Okay. Exactly 4:30. Ready to go. All right. Great. Hi, everybody. Thanks for wrapping up the day with us. I’m Ken Usdin, the large-cap banks analyst at Autonomous. Really happy to end the day here with Charlie Scharf, the Chairman and CEO of Wells Fargo. Charlie has been the CEO of Wells since 2019. He became the Chairman of the Board last year as well, add on that title. And as we’ll discuss, the past year has been a really important one at the company. In fact, a year ago, we were sitting here a week before the long-standing asset cap got removed a week after we talked at the SEC. So really happy to have you back to discuss the evolution of the company in the year since. Just as a reminder, everyone can put in questions on the Pigeonhole app. And Charlie, thanks again for being here.

Charles Scharf
CEO & Chairman

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Thanks for having me. Great to be here.

Question-and-Answer Session

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Kenneth Usdin
Bernstein Autonomous LLP

Great. So let’s start off just big picture. It’s been quite a year and 5 months. There’s a lot of things going on in the world and in the industry. Maybe just level set us on your expectations for where we are in the economy. You see a lot of data inside the company. Where are we today? And where do you think we’re headed in terms of the macro factors that we should consider for a while?

Charles Scharf
CEO & Chairman

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Well, listen, I think you’re probably hearing much of

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