Transaction Details

Footnotes

This amendment is being filed to report the correct number of shares of M&T Bank Corporation common stock the reporting person received in exchange for the shares of People's United Financial, Inc. they owned on April 1, 2022. The initial number of shares was understated due to a clerical error. | Shares received in exchange for shares of People's United Financial, Inc. ("People's United"). On April 1, 2022, pursuant to an Agreement and Plan of Merger (the "Merger Agreement"), Bridge Merger Corp. ("Merger Sub"), a direct, wholly owned subsidiary of M&T Bank Corporation ("M&T"), merged with and into People's United with People's United as the surviving entity (the "Merger") and People's United then merged with and into M&T, with M&T as the surviving entity. Pursuant to the Merger Agreement, each issued and outstanding share of People's United's common stock was converted into the right to receive 0.118 of a share of M&T the ("exchange ratio").