Investor Presentaiton

10 3.0% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% 2005 C&I Best-In-Class Credit NCO Ratios Across All Portfolios 2006 2007 2008 2009 2010 2011 2012 2013 2013 2014 2014 2015 GLOZ 2016 2017 2018 2019 2020 2021 1Q22 2Q22 3Q22 2005 2005 2006 2006 2007 2007 2008 2008 2009 2009 2010 2010 2011 2011 2011 2012 2012 2013 2013 2014 2014 2015 2016 2017 HELOC 2014 2015 GLOZ Other CRE Avg Max Range 12.0% MTB 0.38% 1.27% 1.09% 10.0% Peer Median 0.50% 1.79% 1.65% 8.0% Peer Range 6.0% Peer Median 4.0% M&T 2.0% 0.0% 4Q22 Avg Max Range 5.0% MTB 0.08% 0.25% 0.26% Peer Median 0.44% 2.57% 2.60% 4.0% 3.0% 2.0% 1.0% 0.0% 2016 2016 2017 2018 2019 2020 2021 1Q22 2Q22 3Q22 4Q22 Avg Max Range 6.0% MTB Peer Median 0.46% 1.25% 1.31% 0.20% 0.52% 0.60% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% 2018 2019 2020 2021 1Q22 2Q22 3Q22 4Q22 Source: S&P Global Market Intelligence and FRY9C. Note: Range measures the difference between the annual maximum and minimum for M&T and peers. Average, max, and range are FY2005-FY2022 2005 2006 2007 2008 2009 2005 Construction 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 1Q22 2Q22 3Q22 2005 2006 2007 2008 2009 2010 2011 2012 2012 2013 2014 2015 2016 2016 2017 2017 2018 Other Consumer 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Residential Real Estate 2019 2020 2021 1Q22 MTB Avg Max Range 0.43% 2.47% 2.70% Peer Median 1.14% 7.11% 7.27% 4Q22 MTB Avg Max Range 0.31% 1.32% 1.31% Peer Median 0.35% 1.59% 1.61% 2Q22 3Q22 4Q22 MTB Avg Max Range 0.92% 1.62% 1.41% Peer Median 1.32% 3.23% 2.62% 1Q22 2Q22 3Q22 4Q22 M&T Bank Corporation

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