26 Training Wells Fargo has mandatory, recurring, risk and compliance-related training courses for all new and existing employees . These resources educate employees about our risk management program generally, and on how to recognize, understand, and address the risks they and the company face every day . Risk and strategy Our risk profile, risk capacity, risk appetite, and risk management effectiveness are considered in the strategic planning process, which is closely linked with our capital planning process . Wells Fargo’s Independent Risk Management (IRM) organization participates in strategic planning at several points in the process, providing challenge to, and independent assessment of, our self- assessment of the risks associated with strategic initiatives . IRM also independently assesses and challenges the impact of the strategic plan on risk capacity, risk appetite, and risk management effectiveness at the line of business, enterprise function, and aggregate company level . After review by management, the strategic plan is presented to the Board each year for review and approval . We continue to work hard to strengthen our company by building the right risk and control infrastructure. We continue to enhance our risk management programs, including our operational and compliance risk management as required by the Federal Reserve’s February 2, 2018, and the CFPB/ OCC’s April 20, 2018, consent orders.