Company: MTB-PJ
Filing Date: 2025-03-04
Form Type: DEF 14A
Source: 0001193125-25-044781
Chunk: 66

Company: M&T BANK CORP
Filing Date: 2025-03-04
Form: DEF 14A
Chunk 66
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,242,341.18 |
| Michael Todaro     |     |                 |     | 4,487 |     |                |     | 366,314.64 |     |                   |     |  3,826 |     |                |     | 1,029,317.96 |

| (1) | Includes PVSUs granted on January 31, 2022 with a performance period of January 1, 2022 through December 31, 2024. The PVSUs and dividend equivalent units vested on December 31, 2024 and were earned and delivered after the level of achievement of 77% against the pre-established performance metrics was determined by the C&HC Committee on February 14, 2025. |

| (2) | Amounts were calculated using the closing price of M&T’s common stock on the NYSE on the vesting dates. This also includes accrued cash dividends that payout only to the extent the underlying shares vest and distribute to participants. |

Pension Benefits The following table sets forth the present value of the accumulated pension benefits for the NEOs. 2024 Pension Benefits (1)(5)

| Name             |     | Plan Name                       |     | Number of      
 Years Credited 
 Service(3)     |     |    |     | Present Value 
 of            
 Accumulated   
 Benefit ($)   |     |           |     | Payments    
 during Last 
 Fiscal Year 
 ($)         |     |   |
| René F. Jones    |     | Qualified Pension Plan(2)       |     |                |     | 13 |     |               |     |   246,742 |     |             |     | — |
| Kevin J. Pearson |     | Qualified Pension Plan(2)       |     |                |     | 35 |     |               |     | 1,230,057 |     |             |     | — |
|                  |     | Supplemental Pension Plan(2)(4) |     |                |     | 35 |     |               |     |   454,282 |     |             |     | — |
| Michael Todaro   |     | Qualified Pension Plan(2)       |     |                |     | 28 |     |               |     |   966,565 |     |             |     | — |
|                  |     | Supplemental Pension Plan(2)(4) |     |                |     | 28 |