Executive officers of Wells Fargo & Company and those in other positions expressly identified by the General Counsel of Wells Fargo & Company must obtain prior approval from the General Counsel or the Corporate Secretary for all purchases and sales of securities issued by Wells Fargo & Company, including transfers into or out of a Wells Fargo stock fund in an employee benefit plan, unless pursuant to a 10b5-1 Plan approved before execution by the General Counsel or the Corporate Secretary. See also Derivative and Hedging Transactions in Securities Issued by Wells Fargo.