Transaction Details

Footnotes

Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on January 31, 2023, January 31, 2024 and January 31, 2025, under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan (the " Equity Plan") and vested upon achievement of performance goals for the applicable performance periods. | The performance-based restricted stock units were granted under the Equity Plan, and therefore the reporting person paid no price for the performance-based restricted stock units. | Shares withheld for taxes upon the settlement in shares of performance-based restricted stock units previously granted to the reporting person. | The reported transaction occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 9, 2025. | These shares are owned by the daughter of the reporting person through a custodial account under the Uniform Gifts to Minors Act for which the reporting person is custodian. | The information presented is as of December 31, 2025. | The option vests ratably on the first, second and third anniversary of the grant date. | The option was granted under the Equity Plan, and therefore the reporting person paid no price for the option. | Currently exercisable.