{"url_path":"/sec/mtb/8-k/2026-06-16/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain         Officers; Compensatory Arrangements of Certain Officer.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-16","source_url":"https://www.sec.gov/Archives/edgar/data/36270/0000036270-26-000039-index.html","accession_number":"0000036270-26-000039","cik":"0000036270","ticker":"MTB","issuer_name":"M&T BANK CORP","edgar_url":"https://www.sec.gov/Archives/edgar/data/36270/0000036270-26-000039-index.html","primary_entity_key":"0000036270","primary_entity_name":"M&T BANK CORP"},"word_count":231,"has_tables":true,"body_markdown":"Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain         Officers; Compensatory Arrangements of Certain Officer.\n\n(d)    Election of Jeremy M. Jacobs, Jr. to the Board of Directors\n\nOn June 16, 2026, the Board of Directors of M&T Bank Corporation (\"M&T\") elected Jeremy M. Jacobs, Jr., a director and Chief Executive Officer of Delaware North Companies, Inc. (\"Delaware North\"), as a director of M&T. Mr. Jacobs was also elected as a director of M&T Bank, M&T's principal banking subsidiary. The public announcement was made by means of a news release, which is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.\n\nAs a non-employee director, Mr. Jacobs will participate in M&T's director compensation program as described in M&T's 2026 proxy statement, which was filed with the Securities and Exchange Commission on March 10, 2026. There are no arrangements or understandings between Mr. Jacobs and any other person pursuant to which he was selected as a director. Delaware North and its affiliates have a variety of ordinary course credit relationships with M&T Bank. These lending relationships were entered into in the ordinary course of business, on substantially the same terms, including interest rate and collateral, as those prevailing at the time of comparable loans with other customers, and did not involve more than the normal risk of collectability or present other unfavorable features."}