M&T Bank Corporation Announces Quarterly Preferred Stock Dividends

M&T Bank Corporation (“M&T”) (NYSE:MTB) announced that it has declared quarterly cash dividends on the following series of perpetual preferred stock:

— A dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H (“Series H Preferred Stock”), payable December 15, 2025 to shareholders of record at the close of business on December 1, 2025.

— A dividend of $187.50 per share (equivalent to $0.46875 per depositary share) on its Perpetual 7.500% Non-Cumulative Preferred Stock, Series J (“Series J Preferred Stock”), payable December 15, 2025 to shareholders of record at the close of business December 1, 2025.

About M&TM&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank. For more information about M&T Bank, visitwww.mtb.com.

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Investor Contact:Brian Klock(716) 842-5138

Media Contact:Frank Lentini(929) 651-0447

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SOURCE M&T Bank Corporation

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