Billionaire Warren Buffett Raises Stake in Wells Fargo & Company (WFC) to 10%

CUSIP No. 949746 10 1

NAME
OF REPORTING PERSON

National Indemnity Company

CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP

(a)  x        (b)  ¨

SEC USE ONLY

CITIZENSHIP OR PLACE OF
ORGANIZATION

State of Nebraska

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

NONE

SHARED VOTING POWER

309,822,034 shares of Common Stock

SOLE DISPOSITIVE POWER

NONE

SHARED DISPOSITIVE POWER

309,822,034 shares of Common Stock

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

309,822,034 shares of Common Stock

CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ¨

Not applicable.

PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9

6.1%

TYPE OF REPORTING PERSON

IC, CO