Authorized repurchase of up to $5.0 billion of M&T common stock. New authorization replaces and terminates the prior $4.0 billion program authorized in January 2025, effective March 30, 2026. Repurchases may occur on the open market or through privately negotiated transactions. The number of shares, timing, price, and terms will be determined at M&T’s discretion and are subject to applicable regulatory limitations. Current Report signed by Senior EVP and CFO Daryl N. Bible on March 30, 2026.