At February 16, 2021, 4,134,106,677 shares of common stock were outstanding. Its principal business is to act as a holding company for its subsidiaries. Human CapitalOur people are what set Wells Fargo apart and are critical to our success. In 2020, we introduced a new set of expectations for everyone at the Company. We also took a number of actions to support our employees' financial security. Promoting Diversity, Equity and Inclusion. We invest heavily in coaching and training for employees and managers. We value and support our people as a competitive advantage. Our annual investment in benefits programs per employee was approximately $15,700. We became a financial holding company effective March 13, 2000. We continue to maintain our status as a BHC for purposes of other FRB regulations. Banks are also permitted to acquire and to establish new branches in other states. That information is incorporated into this item by reference. Galloreese has served with the Company for 3 years. Norton has served with the Company for 2 years. Mr. Sommers has served with the Company for less than 1 year. All executive officers serve at the pleasure of the Board of Directors. Amendment to Directors Stock Compensation and Deferral Plan, effective January 24, 2012. Filed herewith.24Powers of Attorney. Filed herewith.101.CALXBRL Taxonomy Extension Calculation Linkbase Document. Dividends on shares of Series I Preferred Stock shall be non-cumulative. "Applicable Conversion Rate" means the Conversion Rate in effect at any given time. Designation and Number of Shares; Restricted Issue. ( Redemption At the Option of the Company. ( "Depositary Company" has the meaning set forth in Section 6(d) hereof. "Dividend Period" has the meaning set forth in Section 4(a) hereof. "DTC" means The Depository Trust Company, together with its successors and assigns. "Liquidation Preference" has the meaning set forth in Section 5(a) hereof. Liquidation Rights.(a) Liquidation. Redemption.(a) Optional Redemption. e) Procedures for Voting and Consents. Additional Classes or Series of Stock. Each share of 2013 ESOP Preferred Stock shall have a stated value of $1,000.00 per share. Priority of 2013 ESOP Preferred Stock. Dividends on the Series P Preferred Stock will not be mandatory. "Series R Preferred Stock" has the meaning set forth in Section 1 hereof. Shares of Series R Preferred Stock are not subject to the operation of a sinking fund. The number of authorized shares of Series S Preferred Stock shall be 80,000.