Company: MTB-PJ
Filing Date: 2025-03-04
Form Type: DEF 14A
Source: 0001193125-25-044781
Chunk: 4

Company: M&T BANK CORP
Filing Date: 2025-03-04
Form: DEF 14A
Chunk 4
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 Capital level in top quartile of peer group**: 11.68% Common Equity Tier 1 (CET1) Capital Ratio•  Net Interest Margin in top quartile of peer group**:3.58% Net Interest Margin in 2024*   Based on total assets, excluding certainnon-U.S.bank holding companies and non- commercial banks**  See pages 44-45 of this proxy statement for information on M&T’s peer group2
Proposal 1—Election of Directors M&T aims to maintain a highly engaged Board with balanced tenure and substantive expertise that has a diversity of skills and backgrounds necessary to effectively oversee our management team and serve the long-term interests of our company and shareholders. We are asking our shareholders to elect 14 director nominees at the Annual Meeting to hold office until the next annual meeting of shareholders and until their successors have been duly elected and qualified. Each nominee is elected annually by the affirmative vote of the majority of votes cast. Director Nominees

| Name                    |     | Age |     | Board     
 Tenure(1) |     | Independent |     | Professional Background                                                           |     | Current        
 Committee      
 Membership(2)  |
| John P. Barnes          |     |  69 |     | 3 years   |     | ✓           |     | Former Chairman and CEO of People’s United Financial, Inc.                        |     | R              |
| Carlton J. Charles      |     |  66 |     | 2 years   |     | ✓           |     | Senior Vice President of Treasury and Risk Management, Hearst                     |     | N&G, R         |
| Jane Chwick             |     |  62 |     | 3 years   |     | ✓           |     | Former Partner and Co-COO of the Technology Division at Goldman Sachs             |     | A              |
| William F. Cruger, Jr.  |     |  66 |     | 3 years   |     | ✓           |     | Former Vice Chairman of Investment Banking at J.P. Morgan Chase & Co.             |     | C&HC (Chair),  
 A              |
| Gary N. Geisel(3)       |     |  76 |     | 15 years  |     | ✓           |     | Former Chairman and CEO of Provident Bankshares Corporation and Provident Bank    |     | C&HC, E        |
| Leslie