M&T BANK CORP — Director's Dealing 2023

May 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: M&T BANK CORP (MTB)
CIK: 0000036270
Period of Report: 2023-04-28

Reporting Person: SALAMONE DENIS J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-28	Common Stock	A	954	$0.00	Acquired	44167	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7917	Indirect
Common Stock	25000	Indirect

Footnotes

F1: The reporting person was granted an award of restricted stock units under the M&T Bank Corporation 2019 Equity Incentive Compensation Plan for service on the M&T Bank Corporation Board of Directors. Each restricted stock unit vests on the first anniversary of the grant and represents a contingent right to receive one share of M&T Bank Corporation common stock upon vesting.

F2: On March 17, 2023, the reporting person contributed 25,000 shares of M&T Bank Corporation common stock to the Denis J. Salamone 2023 Grantor Retained Annuity Trust ("GRAT #2"), of which the reporting person is the trustee, for the benefit of himself and his children.

F3: The indicated shares are held by GRAT #2. The reporting person continues to report beneficial ownership of all of the M&T Bank Corporation common stock held by the GRAT #2 but disclaims beneficial ownership except to the extent of his pecuniary interest therein.