X0306 4 2020-02-05 0 0000036270 M&T BANK CORP MTB 0001635662 Coletti Janet M. ONE M&T PLAZA BUFFALO NY 14203 0 1 0 0 Executive Vice President Common Stock 14529 D Common Stock 2803 I By 401(k) Plan Option (right to buy) 173.04 2020-02-05 4 A 0 3442 0.00 A 2030-02-05 Common Stock 3442 3442 D Phantom Common Stock Units Common Stock 1874 I Supplemental 401(k) Plan The information presented is as of December 31, 2019. The option granted includes a total of 3,442 shares. 1,147 of the shares are exercisable on or after February 5, 2021; an additional 1,147 of the shares are exercisable on or after February 5, 2022; and the remaining 1,148 shares are exercisable on or after February 5, 2023. The option was granted under an equity incentive compensation plan maintained by M&T Bank Corporation, and therefore the reporting person paid no price for the option. The reported phantom common stock units are held by the reporting person in an excess benefit plan account maintained by M&T Bank Corporation and represent a like number of shares of M&T Bank Corporation common stock. The phantom common stock units may only be settled in cash upon distribution in accordance with the terms of the plan. The reported phantom common stock units also include units acquired through the dividend reinvestment feature of the plan. By: Brian R. Yoshida, Esq. (Attorney-In-Fact) 2020-02-07