Company: MTB-PJ
Filing Date: 2025-03-04
Form Type: DEF 14A
Source: 0001193125-25-044781
Chunk: 81

Company: M&T BANK CORP
Filing Date: 2025-03-04
Form: DEF 14A
Chunk 81
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. The Audit Committee has determined that PricewaterhouseCoopers LLP’s provision of professional services is compatible with maintaining its independence. No fees were billed and no services were provided by PricewaterhouseCoopers LLP during 2024 and 2023 for financial information systems design and implementation. No other fees were billed for any other services and no other services were provided by PricewaterhouseCoopers LLP for the years ended December 31, 2024 and 2023. Policy on Audit Committee Pre-Approvalof Audit and Permissible Non-AuditServices of Independent Registered Public Accounting Firm Beginning with the year ended December 31, 2003, M&T instituted a policy that the Audit Committee pre-approveall audit and permissible non-auditservices provided by the independent registered public accounting firm. These services may include audit services, audit-related services, tax services and other services. Pre-approvalis generally detailed as to the particular service or category of services and is generally subject to a specific budget range. The independent registered public accounting firm and management are required to periodically report to the Audit Committee regarding the extent of services provided by the independent registered public accounting firm in accordance with this pre-approvalpolicy, and the fees for the services performed to date. The Audit Committee may also pre-approveadditional services on a case-by-casebasis. In the period between scheduled meetings of the Audit Committee, the Chair of the Audit Committee is authorized to pre-approvesuch services on behalf of the Audit Committee provided that such pre-approvalis reported to the Audit Committee at its next scheduled meeting. Before appointing PricewaterhouseCoopers LLP, the Audit Committee considered PricewaterhouseCoopers LLP’s qualifications as an independent registered public accounting firm. This included a review of the qualifications of the engagement team, the quality control procedures the firm has established, any issues raised by the most recent quality control review of the firm, as well as its reputation for integrity and competence in the fields of accounting and auditing. The Audit Committee’s review also included matters required to be considered under the SEC’s rules on auditor independence, including the nature and extent of non-auditservices, to ensure that the auditor’s independence will not be impaired. The Audit Committee has considered and determined that PricewaterhouseCoopers LLP’s provision of non-auditservices to M&T during 2024 is compatible with and did not impair PricewaterhouseCoopers LLP’s independence. Report of the Audit Committee The members of the Audit Committee are independent as that