Wells Fargo & Company CEDEAR

Wells Fargo & Company CEDEAR is an Argentine depositary receipt representing equity in a major U.S. diversified bank. Its primary purpose is to give local investors peso-denominated access to the economic performance of Wells Fargo & Company while facilitating custody and settlement within Argentina’s market infrastructure. The instrument reflects a fixed conversion ratio to the underlying shares, enabling price linkage to the bank’s U.S.-listed stock and allowing exposure to earnings from core businesses such as consumer and commercial banking, wealth and investment management, and corporate services. As a CEDEAR, it can be used for portfolio diversification and for aligning domestic allocations with global financial sector dynamics, including interest-rate cycles, credit trends, and U.S. economic conditions. Within Argentina’s market, it sits in the finance and major banks segment and trades with a defined ratio per underlying share as disclosed by local CEDEAR program lists. The receipt’s structure concentrates key features—currency translation, corporate action pass-through, and depositary operations—into a familiar local trading format that mirrors the fundamentals of the originating institution.