Commercial Banking Disclosures

Products and services require credit approval. Wells Fargo Capital Finance is the trade or business name for certain asset-based lending services, senior secured lending services, and accounts receivable financing services of Wells Fargo & Company and its subsidiaries.

Products and services may require credit approval and may change due to market conditions. Wells Fargo Global Receivables and Trade Finance is the trade or business name in the United States for certain asset-based lending services, senior secured lending services, accounts receivable and accounts payable financing services, purchase order financing services, factoring, and letters of credit and other trade financing products of Wells Fargo & Company and its subsidiaries including Wells Fargo Bank, N.A., Member FDIC. Wells Fargo Bank, N.A. is a bank affiliate of Wells Fargo & Company.

All transactions are subject to credit approval. Some restrictions may apply. Wells Fargo Vendor Financial Services is the trade or business name used by Wells Fargo Bank, N.A., and certain of its subsidiaries that provide financing and programs for manufacturers, dealers and other vendors of equipment and inventory and their customers. Equipment financing transactions are provided in Canada by Wells Fargo Equipment Finance Company. The information contained herein is general in nature and not intended to provide you with specific advice or recommendations. Contact your attorney, accountant, tax or other professional advisor with regard to your individual situation.

All transactions are subject to credit approval. Some restrictions may apply. Wells Fargo Equipment Finance is the trade name for certain equipment leasing and finance businesses of Wells Fargo Bank, N.A. and its subsidiaries. The information contained herein is general in nature and not intended to provide you with specific advice or recommendations. Contact your attorney, accountant, tax or other professional advisor with regard to your individual situation.

Products and services require credit approval. Wells Fargo Channel Finance is the business segment in the United States that provides certain inventory financing (floor planning), working capital financing, and accounts receivable financing services of Wells Fargo &Company and its subsidiaries, including Wells Fargo Commercial Distribution Finance, LLC, Wells Fargo Capital Finance, LLC, and Wells Fargo Bank, N.A., Member FDIC. Wells Fargo Bank, N.A., is a bank affiliate of Wells Fargo & Company. Wells Fargo Bank, N.A., is not liable or responsible for obligations of its affiliates.

Products and services require credit approval. Wells Fargo Inventory Finance is the business segment in the United States that provides certain inventory financing (floor planning), working capital financing, and accounts receivable financing services of Wells Fargo & Company and its subsidiaries, including Wells Fargo Commercial Distribution Finance, LLC and Wells Fargo Bank, N.A., Member FDIC. Wells Fargo Bank, N.A. is a bank affiliate of Wells Fargo & Company. Wells Fargo Bank, N.A. is not liable or responsible for obligations of its affiliates.

Wells Fargo Commercial Auto is the trade name in the United States for certain inventory financing (floor planning), working capital financing, commercial real estate financing and acquisition financing services of Wells Fargo Bank, N.A. Wells Fargo Bank, N.A. is an Equal Credit Opportunity Lender. Wells Fargo Bank, N.A., is a bank affiliate of Wells Fargo & Company. Wells Fargo Bank, N.A., is not liable or responsible for obligations of its affiliates. All credit decisions are subject to approval. Additional collateral may be required.

Wells Fargo & Company conducts business globally. Outside the U.S. Wells Fargo & Co conducts business through various companies, including duly authorized and regulated subsidiaries and affiliates in Asia, Canada, Europe, Middle East, Africa, and Latin America. All products and services may not be available in all countries. Each situation needs to be evaluated individually and is subject to local regulatory requirements. Wells Fargo does not have offices outside of the U.S. that provide services to retail or small business customers. For assistance with your accounts when traveling internationally, refer to our international access codes for phone numbers, or visit our travel resource center. Deposit products offered by Wells Fargo Bank, N.A., Member FDIC. Deposits held in non-U.S. branches, subsidiaries or affiliates are not FDIC insured.

Deposits with Wells Fargo Bank, National Association, Canadian Branch are not insured by the CDIC. Wells Fargo Bank, N.A. Member FDIC. 

Deposits held in non-U.S. branches are not FDIC insured.

Wells Fargo & Company conducts business within Europe, Middle East and Africa (“EMEA”) through various entities including duly authorized and regulated subsidiaries and their respective branches. The entities and branches described below are herein referred to collectively as “Wells Fargo EMEA”. Wells Fargo EMEA does not provide services to retail clients.

Wells Fargo EMEA corporate banking products and services, including certain lending, payments, derivatives and other commercial banking activities, are offered in EMEA primarily by Wells Fargo Bank, N.A. (“WFBNA”), authorised and regulated by the Office of the Comptroller of the Currency, in the UK, WFBNA London Branch (“WFBNA LB”), authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority, and in Dubai, WFBNA DIFC Branch, regulated by the Dubai Financial Services Authority. Wells Fargo Bank International Unlimited Company ("WFBI") is licensed and regulated by the Central Bank of Ireland and is registered in Germany with the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – the “BaFin”).

Wells Fargo EMEA – capital markets and investment banking products and services are offered in EMEA primarily by Wells Fargo Securities International Limited (“WFSIL”), authorised and regulated by the UK Financial Conduct Authority, and Wells Fargo Securities Europe S.A., (“WFSE”), authorised by the Autorité de contrôle prudentiel et de resolution and regulated by the Autorité des marchés financiers.

For more information about Wells Fargo EMEA including additional regulatory disclosures, please visit our website.

Wells Fargo & Company (“Wells Fargo”) conducts business globally through various companies within and outside of the U.S., including duly authorized and regulated subsidiaries and affiliates. All products and services may not be available in all countries. Each situation needs to be evaluated individually and is subject to local regulatory requirements.

Wells Fargo does not have offices outside of the U.S. that provide services to retail or small business customers. For assistance with your accounts when traveling internationally, refer to our international access codes for phone numbers, or visit our travel resource center.

Wells Fargo Securities

Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Bank, National Association (Organized under the laws of the U.S.A. with limited liability) , Wells Fargo Securities, LLC (a member of NYSE, 

FINRA, NFA and SIPC), Wells Fargo Prime Services, LLC (a member of FINRA, NFA and SIPC), Wells Fargo Securities (Japan) Co., Ltd. (a Japan incorporated Type 1 and Type 2 financial instruments business operator registered with the Kanto Local Finance Bureau), Wells Fargo Securities International Limited (a U.K. incorporated investment firm authorised and regulated by the U.K. Financial Conduct Authority), Wells Fargo Securities Asia Limited (a Hong Kong incorporated company licensed and regulated by the Securities and Futures Commission to carry on Types 1, 2, 4 and 6 regulated activities, as defined in the Securities and Futures Ordinance of Hong Kong) and Wells Fargo Securities Singapore Pte. Ltd. (a Singapore incorporated financial institution regulated by the Monetary Authority of Singapore to carry on business in the regulated activities of dealing in capital markets products and advising on corporate finance as defined in the Securities and Futures Act).

Wells Fargo Bank, N.A.

Wells Fargo & Company, Wells Fargo Bank, National Association organized under the laws of the U.S.A. with limited liability and their affiliates (collectively, “Wells Fargo”) complies with applicable anti-corruption laws, including the United States Foreign Corrupt Practices Act (“FCPA”), the UK Bribery Act (”UKBA”) and other applicable laws and regulations in the jurisdictions where Wells Fargo conducts business. Wells Fargo recognizes that your organization may have internal policies or procedures that either prohibit or limit your ability to accept the payment of certain expenses by Wells Fargo. Please check that the payment of expenses by Wells Fargo associated with this event does not violate your organization’s policies or procedures or any other local laws to which you may be subject. If applicable laws, regulations or policies prohibit Wells Fargo from making expenditures on your behalf, please contact us so that appropriate arrangements can be made. 

Please check with your local compliance and legal personnel to ensure your attendance at our event does not conflict with any law or institutional requirements. If additional information about the event is needed or required, please do not hesitate to contact us. 

Wells Fargo conducts business globally. Outside the U.S., Wells Fargo conducts business through various companies, including duly authorized and regulated subsidiaries and affiliates in Asia, Canada, Europe, Middle East, Africa, and Latin America.

This communication is for informational purposes only, is not an offer, solicitation, recommendation or commitment for any transaction or to buy or sell any security or other financial product, and is not intended as investment advice or as a confirmation of any transaction.

Any market price, indicative value, estimate, view, opinion, data or other information herein is not warranted as to completeness or accuracy, is subject to change without notice, and Wells Fargo Securities (Japan) Co., Ltd. (“WFSJ”) accepts no liability for its use or to update or keep it current. Any views or opinions are those of the individual sender, not necessarily of WFSJ. Any decision to invest in securities or to enter into any trading strategy or transaction should be made after reviewing the applicable Definitive Documentation, conducting such investigations as the recipient deems necessary and consulting the recipient’s own legal, accounting, and tax advisors in order to make an independent determination of the suitability and consequences of an investment in such securities or other financial product, or entering into any trading strategy or transaction.

Wells Fargo Securities, LLC, Wells Fargo Bank, N.A., Wells Fargo Securities International Limited, Wells Fargo Securities Asia Limited and Wells Fargo Securities Singapore Pte. Ltd are exempt from the requirements to hold an Australian financial services license in respect of the financial services they provide to wholesale clients in Australia. Wells Fargo Securities, LLC and Wells Fargo Bank, N.A. are regulated under the laws of the United States, Wells Fargo Securities International Limited is regulated under laws of the United Kingdom, Wells Fargo Securities Asia Limited is regulated under the laws of Hong Kong, and Wells Fargo Securities Singapore Pte. Ltd. is regulated under the laws of Singapore. All such laws differ from Australian laws. Any offer or documentation provided to Australian recipients by Wells Fargo Securities, LLC, Wells Fargo Bank, N.A., Wells Fargo Securities International Limited, Wells Fargo Securities Asia Limited or Wells Fargo Securities Singapore Pte. Ltd. in the course of providing the financial services will be prepared in accordance with the laws of the United States, United Kingdom, Hong Kong or Singapore and not Australian laws.