Company: MTB-PJ
Filing Date: 2025-10-30
Form Type: 424B5
Source: 0001193125-25-257002
Chunk: 30

Company: M&T BANK CORP
Filing Date: 2025-10-30
Form: 424B5
Chunk 30
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 alter, supplement or repeal any terms of the Preferred Stock:

| • |     | to cure any ambiguity, or to cure, correct or supplement any provision contained in the certificate of 
 designations creating the Preferred Stock that may be defective or inconsistent; or                    |

| • |     | to make any provision with respect to matters or questions arising with respect to the Preferred Stock that is 
 not inconsistent with the provisions of the certificate of designations creating the Preferred Stock.          |

Other than the vote required in connection with an amendment of our certificate of incorporation adversely affecting the rights and preferences of the Preferred Stock, no vote or consent of the holders of Preferred Stock is required if, at or prior to the time when any such vote or consent would otherwise be required, all outstanding shares of Preferred Stock have been redeemed or have been called for redemption upon proper notice, and sufficient funds have been set aside for such redemption. New York law provides that the holders of preferred stock will have the right to vote separately as a class on any amendment to our certificate of incorporation that would limit the ability of the holders of our preferred stock to vote on any matter, change any authorized shares of our preferred stock into a different number of shares of preferred stock or into the same or a different number of shares of one or more other classes or series of any class, decrease the par value of our preferred stock, or change or abolish our preferred stock (or any series thereof) or any of the relative rights, powers, preferences and limitations of our preferred stock (or any series thereof). If any such proposed amendment would alter or change the powers, preferences or special rights of one or more series of preferred stock so as to affect them adversely, but would not so affect the entire class of preferred stock, only the shares of the series so affected shall be considered a separate class for purposes of this vote on the amendment. This right is in addition to any voting rights that may be provided for in our certificate of incorporation. Preemptive and Conversion Rights The holders of the Preferred Stock do not have any preemptive rights. The Preferred Stock is not convertible into or exchangeable for property or shares of any other series or class of our capital stock. Depositary, Transfer Agent and Registrar Computershare Inc. will be the depositary, transfer agent and registrar for the Preferred Stock. S-18

DESCRIPTION OF THE DEPOSITARY SHARES

We have summarized below certain terms of the depositary shares. This summary is qualified in its entirety by reference to the terms and provisions of the Deposit Agreement