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74 Global philanthropy Our global philanthropy strategy focuses on disaster response, local giving, and strategic grants made to support housing affordability, small business growth, financial health, and sustainability . In 2020, funds supported organizations that are specifically focused on relief and recovery from the COVID-19 pandemic . These funds were used for emergency food as well as hygiene, hospital, and medical supplies, among other needs . Employee service and impact Part of what makes Wells Fargo’s philanthropy program so robust is the generosity of employees who multiply our community impact, locally and collectively . Every year, eligible employees receive 16 hours of paid volunteer time to give back to local communities where they live and work . In addition, employees are encouraged to use their talents to get involved in causes they care about and volunteer . These include: • In 2020, we held our first Month of Action, during which we charted a new course in employee engagement to inspire acts of kindness and virtual volunteerism globally and to kick off year-round giving . This new approach helped care for communities, neighbors, and colleagues through thousands of personal actions — which proved especially meaningful during the global pandemic . • Through the Wells Fargo Foundation, Community Care Grants help extend the impact of our employees’ donations . Through personal giving or service activities, employees may qualify for up to $2,000 in Community Care Grant funds that they can direct to approximately 1 million eligible charities . • Nearly 5,500 charities benefited from Wells Fargo employees sharing their leadership skills by serving as board members of charitable organizations, making a meaningful impact in the external communities where we live and work . Performance trends can be found in the Wells Fargo ESG Goals and Performance Data (PDF) .

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