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• The Series L Preferred Stock has a liquidation preference of $10,000 per share (equivalent to $25 per depositary share) and pays noncumulative dividends at 6.625% per annum quarterly, beginning September 15, 2026.
• The offering was made under an underwriting agreement dated July 16, 2026, with representatives including BofA Securities, J.P. Morgan Securities, Morgan Stanley, M&T Securities, Raymond James, UBS Securities, and Wells Fargo Securities.
• M&T filed a certificate of amendment with the New York State Department of State on July 17, 2026, establishing the rights and preferences of the Series L Preferred Stock.
• The Series L Preferred Stock is perpetual with no maturity date and is redeemable at M&T's option on or after September 15, 2031, at $10,000 per share plus declared but unpaid dividends.

3.03 Material Modification to Rights of Security Holders · 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · 8.01 Other Events · 9.01 Financial Statements and Exhibits

• Net income for Q2 2026 was $818 million, with diluted earnings per common share of $5.32, up from $664 million and $4.13 in Q1 2026.
• Net interest income (taxable-equivalent) rose to $1,804 million in Q2 2026 from $1,763 million in Q1 2026, with net interest margin stable at 3.70%.
• The company repurchased 2.1 million shares of common stock at a total cost of $465 million during the quarter.
• Estimated CET1 capital ratio was 10.19% at June 30, 2026.

2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• On June 16, 2026, M&T Bank Corporation's Board of Directors elected Jeremy M. Jacobs, Jr. as a director.
• He was also elected as a director of M&T Bank, M&T's principal banking subsidiary.
• As a non-employee director, he will participate in M&T's director compensation program as described in the 2026 proxy statement.
• Delaware North and its affiliates have ordinary course credit relationships with M&T Bank on substantially the same terms as comparable loans with other customers.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits

• The presentation, dated May 1, 2026, is attached as Exhibit 99.1 and available on M&T's Investor Relations website.
• The presentation highlights 2025 record net operating income of $2.9 billion, up 10% year-over-year, and net operating EPS of $17.20, up 16%.
• M&T increased its quarterly dividend by 11% to $1.50 per share in Q3 2025 and repurchased 9% of outstanding shares in 2025.
• The company expects a CET1 ratio of 10% to 10.5% in 2026 and targets 17% ROTCE by 2027.
• The information is furnished, not filed, under the Exchange Act and not incorporated by reference into other filings.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• The say-on-pay proposal for 2025 Named Executive Officer compensation passed with 113.4 million votes for and 7.5 million against.
• The amendment and restatement of the 2019 Equity Incentive Compensation Plan was approved with 116.9 million votes for and 4.0 million against.
• The ratification of PricewaterhouseCoopers LLP as independent auditor for 2026 passed with 129.6 million votes for and 5.4 million against.
• The meeting was held on April 21, 2026, and the results were reported under Item 5.07 of Form 8-K.

5.07 Submission of Matters to a Vote of Security Holders

• On April 20, 2026, M&T Bank Corporation closed a public offering of $500,000,000 aggregate principal amount of 5.295% Fixed Rate Reset Subordinated Notes, Series B, due April 18, 2036.
• Squire Patton Boggs (US) LLP provided a legal opinion on the validity of the notes, which is included as an exhibit to the 8-K.
• The offering was reported under Item 8.01 as an other event, with the legal opinion and consent filed under Item 9.01.

8.01 Other Events · 9.01 Financial Statements and Exhibits

• Net income for Q1 2026 was $664 million, with diluted earnings per common share of $4.13.
• Net interest margin widened to 3.71% in Q1 2026 from 3.69% in Q4 2025.
• The company repurchased 5.5 million shares of common stock at a total cost of $1.25 billion during the quarter.
• Estimated CET1 capital ratio at March 31, 2026 was 10.33%.

2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• On March 30, 2026, M&T Bank Corporation announced a new share repurchase program authorizing up to $5.0 billion of its common stock.
• The new authorization replaces and terminates the prior $4.0 billion repurchase program authorized in January 2025.
• The announcement was made via a press release dated March 30, 2026, filed as Exhibit 99.1 to the Form 8-K.
• The event was reported under Item 8.01 (Other Events) as a material corporate action not otherwise required to be reported.

8.01 Other Events · 9.01 Financial Statements and Exhibits