Leadership and • Wells Fargo o昀昀ers displaced employees Career professional development Transition Services through an external vendor. Wells Fargo's leadership development training • Employees and their household family program contributes to the success of participating members can seek free, voluntary, con昀椀dential employees by partnering with them to drive learning consultation and support for any concerns and that is strategic and e昀昀ective. It is the company's challenges with Employee Assistance Consulting mission to contribute to the growth and pro昀椀tability (EAC), a team of behavioral health professionals. of Wells Fargo by providing employees with the tools and training necessary for job excellence and career advancement. onmental Leadership training opportunities are provided Envir through such programs as Leading Through Change and Transition, Extraordinary Leader, Coaching and Feedback in the Moment, and Crucial Conversations. Employment impacts As Wells Fargo continues transforming its Social businesses, the company recognizes that employees may be impacted, and strives to provide transparent communication so that employees are aware of the programs and opportunities available to support them. In some cases, restructurings result in employee ernance displacements or involuntary separations as a result v of economic or operational factors. In the event of Go a workforce restructuring involving displacements in the U.S., Wells Fargo supports its employees and provides tools to assist them with career transitions, including: In countries where Wells Fargo operates outside of • Wells Fargo’s Displacement policy requires that the U.S., the practices of managing redundancies or all displaced employees in the U.S. are provided a displacements, and workforce restructuring, vary 60-day notice period, unless otherwise required based on legal and regulatory requirements, and by business needs or federal, state, or local laws. local market practices. International support may Regardless of working or nonworking status, include enhanced severance pay arrangements, employees are still considered actively employed employee assistance programs, and career during the entire notice period. transition services. • Employees are eligible for eight to 52 weeks of severance pay, based on years of service. 39 Environmental, Social, and Governance Report 2022
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