Transaction Details

Footnotes

Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on 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 period. | 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 restricted stock units and performance-based restricted stock units previously granted to the reporting person. | This transaction was executed in multiple trades at prices ranging from $225.26 to $225.378. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. | 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.