0001564590-21-041556 Sample Contracts

M&T BANK CORPORATION
Directors’ Restricted Stock Unit Award Agreement • August 5th, 2021 • M&t Bank Corp • State commercial banks • New York

M&T Bank Corporation (the “Company”) hereby grants to the Grantee the number of Restricted Stock Units provided below (the “Restricted Stock Unit Award”). The Restricted Stock Unit Award is made pursuant to the M&T Bank Corporation 2019 Equity Incentive Compensation Plan (the “Plan”) and is subject to the terms and conditions of the Plan and this Directors’ Restricted Stock Unit Award Agreement (the “Agreement”). Capitalized terms used in the Agreement without definition have the meanings given to them in the Plan.

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