Company: MTB-PJ
Filing Date: 2025-03-04
Form Type: DEF 14A
Source: 0001193125-25-044781
Chunk: 79

Company: M&T BANK CORP
Filing Date: 2025-03-04
Form: DEF 14A
Chunk 79
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2025. In the event that the shareholders fail to ratify the appointment, the Audit Committee will reconsider the appointment and make a determination that it believes to be in M&T’s and its shareholders’ best interests. Even if the appointment is ratified, the Audit Committee, in its discretion, may direct the appointment of a different independent registered public accounting firm at any time during the year if the Audit Committee determines that such a change would be in M&T’s and its shareholders’ best interests. Representatives of PricewaterhouseCoopers LLP are expected to be present at the virtual Annual Meeting. The representatives may, if they wish, make a statement and, it is expected, will be available to respond to appropriate questions. THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR THE RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM OF M&T BANK CORPORATION FOR THE YEAR ENDING DECEMBER 31, 2025.

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INDEPENDENT PUBLIC ACCOUNTANTS The following is a summary of the fees billed to M&T by PricewaterhouseCoopers LLP for professional services rendered during 2024 and 2023, which are categorized in accordance with the SEC’s rules as follows: Fees to Independent Auditors

|                    |     | 2024 ($) |     |            |     | 2023 ($) |     |           |
| Audit Fees         |     |          |     |  7,558,527 |     |          |     | 7,567,221 |
| Audit-Related Fees |     |          |     |  2,461,346 |     |          |     | 1,820,528 |
| Tax Fees           |     |          |     |  1,341,450 |     |          |     |   428,793 |
| All Other Fees     |     |          |     |    902,175 |     |          |     |     2,175 |
| Total              |     |          |     | 12,263,498 |     |          |     | 9,818,717 |

Audit Fees Audit fees consist of fees billed by PricewaterhouseCoopers LLP for services rendered for the audit of M&T’s annual consolidated financial statements as of and for the years ended December 31, 2024 and 2023, for its review of M&T’s quarterly consolidated financial statements during 202