M&T Bank Elects Jerry Jacobs Jr. to Board of Directors

Key Highlights

• Jeremy M. Jacobs, Jr. elected as a director of M&T Bank Corporation, effective June 16, 2026.
• Mr. Jacobs was also elected as a director of M&T Bank, M&T's principal banking subsidiary.
• He serves as the Chief Executive Officer of Delaware North Companies, Inc., a global hospitality and entertainment company.
• As a non-employee director, Mr. Jacobs will participate in M&T's director compensation program.
• M&T Bank has ordinary course credit relationships with Delaware North and its affiliates.
• M&T CEO René Jones highlighted Jacobs' leadership, operational execution, and ties to Western New York.