Company: MTB-PJ
Filing Date: 2025-03-04
Form Type: DEF 14A
Source: 0001193125-25-044781
Chunk: 24

Company: M&T BANK CORP
Filing Date: 2025-03-04
Form: DEF 14A
Chunk 24
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eri               |     |             |     | 113,250.00 |     |                     |     | 135,004.65 |     |                     |     | — |     |           |     | 248,254.65 |
| Kirk W. Walters             |     |             |     | 124,500.00 |     |                     |     | 135,004.65 |     |                     |     | — |     |           |     | 259,504.65 |
| Herbert L. Washington       |     |             |     | 125,000.00 |     |                     |     | 135,004.65 |     |                     |     | — |     |           |     | 260,004.65 |

| (1) | As described on the prior page, cash fees are paid in quarterly installments at the beginning of each calendar quarter for service the prior quarter. |

| (2) | The amounts in this column include the annual Board equity retainer granted in April 2024 under the compensation program for our non-employee directors, as described on the prior page. The annual Board equity retainer was granted under the 2019 Equity Plan and vests upon the one-year anniversary of the grant date. The grant date fair value of the annual Board equity retainer is based on the closing price of M&T common stock on the NYSE as of the grant date. Grants to directors for the annual Board equity retainer are rounded up to the next whole share. |

| (3) | For each of Messrs. Cunningham, Geisel and Sadler, the amount listed in this column also includes the grant date fair value of an annual equity award paid for such director’s service on an M&T Bank Regional Directors Advisory Council (each, a “DAC Award”), which is granted under the 2019 Equity Plan and is vested upon grant. The grant date fair value of each annual DAC Award granted in 2024 as included in the column is based on the closing price of M&T common stock on the NYSE as of the grant date and is as follows for each director: (i) $5,109.70 for Mr. Cunningham; (ii) $4,004.90 for Mr. Geisel; and (iii) $8,009.80 for Mr. Sadler. |

M&T Bank Regional Directors Advisory Council Fees As reflected in the 2024 Director Compensation Table above, Messrs. Cunningham, Geisel and Sad