M&T BANK CORP — Director's Dealing 2025

Feb 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: M&T BANK CORP (MTB)
CIK: 0000036270
Period of Report: 2025-01-31

Reporting Person: Urban Julianne (Sr. EVP & Chief Auditor)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-01-31	Common Stock	A	791	—	Acquired	7140	Direct
2025-01-31	Common Stock	F	324	$201.24	Disposed	6816	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-01-31	Option (right to buy)	$201.24	A	573	Acquired	2035-01-31	Common Stock (573)	Direct

Footnotes

F1: Shares issued pursuant to vesting of performance-based restricted stock units, which were granted to the reporting person on January 31, 2022, January 31, 2023 and January 31, 2024, 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.

F2: 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.

F3: Shares withheld for taxes upon the settlement in shares of performance-based restricted stock units previously granted to the reporting person.

F4: The option vests ratably on the first, second and third anniversary of the grant date.

F5: The option was granted under the Equity Plan, and therefore the reporting person paid no price for the option.