MicroSectors -3x Short Artificial Intelligence (AI) ETNs 424B Filings

Bank of Montreal is offering $759,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the least performing of AMZN, TSLA and GOOGL. The Pricing Date was June 11, 2026 with a Valuation Date of June 13, 2029 and Maturity Date of June 18, 2029.

The notes pay a contingent monthly coupon of 1.7833% per month (approximately 21.40% per annum) if each reference asset on an Observation Date is at or above its Coupon Barrier (70% of Initial Level). The notes are subject to an automatic redemption if, on an Observation Date beginning December 15, 2026, each reference asset is at or above its Call Level (100% of Initial Level). At maturity, if the Final Level of any Reference Asset is below its Trigger Level (50% of Initial Level), investors receive a cash amount equal to $1,000 × Percentage Change of the Least Performing Reference Asset, which may be less than principal and may be zero. The estimated initial value on the Pricing Date was $975.07 per $1,000.

Bank of Montreal priced US$880,000 of Senior Medium-Term Notes, Series K: Callable Barrier Notes with Contingent Coupons linked to the least performing of the S&P 500, EURO STOXX 50 and NASDAQ-100. The notes pay a Contingent Interest Rate of 0.9475% per month (approximately 11.37% per annum) when each Reference Asset on an Observation Date is at or above its Coupon Barrier Level (set at 70.00% of each Initial Level). The notes have a Strike Date of June 10, 2026, a Pricing Date of June 11, 2026, a Valuation Date of June 13, 2028 and a Maturity Date of June 16, 2028. Beginning June 11, 2027, the issuer may call the notes on any Observation Date; if called, investors receive principal plus any Contingent Coupon due on the Call Settlement Date. The documented estimated initial value was $983.83 per $1,000 principal amount; the public offering price was 100% (proceeds to issuer shown as 99.60%). The payment at maturity (if not called) equals $1,000 unless a Trigger Event occurs, in which case final payment equals $1,000 plus the Percentage Change of the Least Performing Reference Asset and may be less than principal.

Bank of Montreal is offering US$1,049,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons linked to the least performing of the NASDAQ-100, Russell 2000 and the Dow Jones Industrial Average. The notes pay a monthly contingent coupon of 0.7583% (approx. 9.10% per annum) if, on each Observation Date, each reference index is at or above its Coupon Barrier (70% of its Initial Level). The notes mature on June 18, 2029 with a Valuation Date of June 13, 2029. If any Reference Asset’s Final Level on the Valuation Date is below its Trigger Level (70% of Initial Level), a Trigger Event occurs and the maturity payment equals $1,000 × Percentage Change of the Least Performing Reference Asset (which can be less than the principal and may be zero). The issuer may call the notes in whole beginning on June 15, 2027 on any Observation Date; called notes pay principal plus any contingent coupon due on the Call Settlement Date. The estimated initial value on the Pricing Date was $957.66 per $1,000 principal, and the cover shows proceeds to Bank of Montreal of $1,022,775 after a 2.50% agent commission.

Bank of Montreal is offering US$764,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due June 18, 2029, linked to the least performing of NVIDIA Corporation (NVDA) and CoreWeave, Inc. (CRWV). The Pricing Date was June 11, 2026 and Settlement Date June 16, 2026. The notes pay a contingent monthly coupon of 2.6583% per month (approximately 31.90% per annum) when each Reference Asset on an Observation Date is at or above its coupon barrier (60.00% of Initial Level). The notes are subject to an automatic redemption feature beginning on December 15, 2026 if both Reference Assets are at or above their Call Level (100% of Initial Level) on an Observation Date. At maturity, if not auto‑redeemed, investors receive principal unless a Trigger Event occurs (Final Level below Trigger Level, here 60.00% of Initial Level), in which case the cash payment equals principal adjusted by the Percentage Change of the least performing Reference Asset. The public offering price was 100% (with certain fee‑based accounts paying between $960 and $1,000 per $1,000). The document states an estimated initial value of $930.87 per $1,000 on the Pricing Date. Payment is cash only; the Calculation Agent is BMOCM.

Bank of Montreal priced US$1,179,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due June 16, 2028. The notes pay a contingent coupon of 0.7375% per month (≈8.85% per annum) if each reference index on an Observation Date is at or above its Coupon Barrier (70% of the Initial Level). If not auto-redeemed, maturity payment depends on the performance of the least performing of the S&P 500 (SPX), Russell 2000 (RTY) and Dow Jones Industrial Average (INDU), with principal protected only if the Least Performing Reference Asset is at or above its Trigger Level (70% of Initial Level). Pricing Date was June 11, 2026, settlement June 16, 2026, valuation June 13, 2028, and maturity June 16, 2028. The estimated initial value was $977.12 per $1,000 on the Pricing Date. The public offering price was 100% of principal, agent commission totaled 1.20% and proceeds to the issuer were 98.80%.

Bank of Montreal is offering market-linked, principal‑at‑risk notes due June 14, 2029 linked to the lowest performing of GOOGL, MU and NVDA. The securities were priced on June 11, 2026 and issued on June 16, 2026 with an original offering price of $1,000 per security and an estimated initial value of $932.96 per security.

The notes pay a monthly contingent coupon only if the lowest performing underlier on each monthly calculation day is at or above its coupon threshold; the contingent coupon rate is 25.10% per annum (paid monthly, with a memory feature). The notes are auto‑callable if the lowest performing underlier on any qualifying calculation day from September 2026 to May 2029 is at or above its starting value. At maturity, if not called, principal repayment depends on the ending value of the lowest performing underlier: there is a 50% buffer and a 2.00 multiplier, exposing investors on a leveraged basis to declines beyond the buffer.

Bank of Montreal is offering $1,500,000 aggregate principal amount of Senior Medium-Term Notes, Series K, fixed-rate, with a 5.00% per annum coupon and a stated maturity date of June 16, 2031. The Notes pay interest semi‑annually on June 16 and December 16, commence interest payments December 16, 2026, and are redeemable in whole at the issuer's option on semi‑annual Optional Redemption Dates beginning June 16, 2027 at 100% of principal plus accrued interest.

The Notes are unsecured, bail-inable under Canadian law and may be converted into common shares under subsection 39.2(2.3) of the CDIC Act. Denominations are $1,000; original issue price was $1,000 per Note, with an underwriting discount of $4.60 per Note and total proceeds to the Bank of $1,493,100.

Bank of Montreal offers $1,000,000 of Senior Medium-Term Notes, Series K, Redeemable Fixed Rate Notes due June 16, 2036. The notes are issued in $1,000 denominations at an original issue price of $1,000 per note, pay interest at 5.35% per annum semi-annually, and are redeemable in whole by the issuer on semi-annual Optional Redemption Dates. The notes are bail-inable under the Canada Deposit Insurance Corporation Act and are unsecured obligations subject to Bank of Montreal credit risk.

Bank of Montreal (issuer) is offering Market Linked Senior Medium‑Term Notes, Series K — equity‑linked, auto‑callable securities linked to the lowest performing of AMZN, IBM and PLTR. The Original Offering Price is $1,000 per security. Pricing date is June 30, 2026 and issue date is July 6, 2026. The securities pay monthly contingent coupons (memory feature) if the lowest performing Underlier meets its coupon threshold; the contingent coupon rate will be set on the pricing date and will be at least 20.40% per annum.

If not auto‑called, maturity is scheduled for July 3, 2029. At maturity you receive $1,000 if the lowest performing Underlier is at or above its downside threshold (50% of starting value); otherwise the maturity payment equals $1,000 × performance factor of that Underlier, exposing investors to losses 50%). Agent discount is $23.25, proceeds to issuer $976.75, and the issuer’s estimated initial value on the preliminary pricing supplement is $963.70 (floor at pricing: $910.00).

Bank of Montreal is offering US$428,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons — due June 12, 2029. The notes pay a contingent monthly coupon of 2.0167% (~24.20% per annum) when each reference stock meets its coupon barrier, and feature an automatic redemption beginning on June 09, 2027 if all reference assets meet the call level. The notes are linked to the least performing of DELL, ORCL and QCOM, use a 50.00% coupon/trigger barrier and will pay cash at maturity based on the least performing reference asset. Pricing date was June 09, 2026, settlement is June 12, 2026, and the issuer reported an estimated initial value of $944.61 per $1,000 principal.

Bank of Montreal is offering senior medium-term notes (Series K), market-linked, auto-callable securities with contingent quarterly coupons and contingent downside principal at risk linked to the lowest performing of the iShares Expanded Tech-Software Sector ETF (IGV), the Dow Jones Industrial Average (INDU) and the State Street Financial Select Sector SPDR ETF (XLF). The notes have an original offering price of $1,000 per security, an estimated initial value of $973.60 (pricing-date estimate) that will not be less than $923.00 at pricing, and a minimum contingent coupon rate of 11.30% per annum. Pricing date is June 23, 2026, issue date June 26, 2026, and stated maturity (if not called) is June 28, 2029. If automatically called on a calculation day, holders receive face amount plus a final contingent coupon payment; if not called, maturity payment depends solely on the ending value of the lowest performing Underlier and may be less than the face amount, with a downside threshold at 65% of starting value. The securities are unsecured obligations of Bank of Montreal and are subject to its credit risk, withholding for non-U.S. holders, limited secondary-market liquidity and complex tax considerations.

Bank of Montreal is offering $10,000,000 of Senior Medium-Term Notes, Series K, redeemable fixed-rate notes due June 15, 2033. The Notes pay 5.10% per annum semi-annually, are redeemable by the Bank on semi-annual optional redemption dates beginning June 15, 2028, and are bail-inable under the CDIC Act.

The original issue price is $1,000 per Note; proceeds to Bank of Montreal are $9,920,000 after underwriting discounts. The Notes are unsecured, not listed, and conversion into common shares under Canadian bail-in powers is possible.

Bank of Montreal is offering US$732,000 principal amount of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due June 15, 2028. The notes are linked to the least performing of GDX, NDX and KRE. Contingent coupons of 1.7917% per month (approximately 21.50% per annum) may be paid monthly if each reference asset on an observation date closes at or above its coupon barrier (70% of the Initial Level). The notes are callable at the issuer’s discretion beginning December 10, 2026. At maturity, if any reference asset’s Final Level is below its trigger level (60% of the Initial Level), a Trigger Event occurs and the maturity payment equals $1,000 + ($1,000 x Percentage Change of the Least Performing Reference Asset), which may be less than principal and could be zero. The public offering price is 100% of principal ($1,000 per $1,000), estimated initial value was $977.79 per $1,000 on the pricing date, and the notes are unsecured obligations of the Bank.

Bank of Montreal priced US$1,952,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons — linked to the least performing of Lam Research (LRCX) and Visa (V). Pricing Date was June 10, 2026, Settlement June 15, 2026, Valuation Date June 12, 2030 and Maturity June 17, 2030. The notes pay a contingent quarterly coupon of 5.80% per quarter (approximately 23.20% per annum) equal to $58.00 per $1,000 when each reference asset is at or above a 50% coupon barrier. Notes autocall if both reference assets are at or above 90% of initial level on an Observation Date. At maturity investors receive $1,000 per $1,000 unless a Trigger Event occurs (final level below the 50% Trigger Level), in which case payment equals $1,000 plus the percentage change of the least performing asset and may be less than principal. The estimated initial value on the Pricing Date was $965.65 per $1,000.

Bank of Montreal (issuer) is offering US$1,165,000 in Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons due June 15, 2029, linked to the common stock of HP Inc. The notes have an Initial Level of $24.69 and a monthly contingent coupon of 1.4667% (approximately 17.60% per annum), equal to $14.667 per $1,000 if payable.

The notes pay monthly contingent coupons when the reference stock closes at or above the Coupon Barrier of $12.35 (50% of Initial Level), include a Memory Coupon Feature, are subject to automatic redemption beginning on December 10, 2026 if the Reference Asset is at or above the Call Level (100% of Initial Level), and deliver cash at maturity based on performance of the Reference Asset with a downside to potentially $0.00 if a Trigger Event occurs (Final Level below the Trigger Level of $12.35). The estimated initial value on the Pricing Date was $996.85 per $1,000 principal.

BMO is offering $3,800,000 aggregate principal of senior medium-term Series K Buffer Enhanced Return Notes linked to the MSCI EAFEIndex. The notes pay no interest, provide 150.00% upside participation subject to a 26.00% cap (Maximum Redemption Amount of $1,260.00 per $1,000), and include an 80.00% buffer level (20.00% buffer). If the Reference Asset falls below the buffer, the notes lose 1.25% of principal for each 1.00% decline beyond the buffer, up to a total loss of principal. Pricing date was June 10, 2026, settlement June 15, 2026, valuation April 11, 2028, and maturity April 17, 2028. The issuercredit risk is Bank of Montreal; estimated initial value was $988.74 per $1,000.

Bank of Montreal offers market-linked, auto-callable senior notes (Series K) linked to the lowest performing common stock of Constellation Energy, Duke Energy and NextEra Energy. The preliminary pricing supplement sets the original offering price at $1,000 per security, an estimated initial value of $962.20 (not less than $910.00 at pricing) and a minimum contingent coupon rate of 21.30% per annum. Monthly calculation days begin July 2026; stated maturity is June 28, 2029. Payments depend on the lowest performing Underlier each calculation day; if not called, principal at maturity may be reduced pro rata if the lowest performing Underlier’s ending value is below its downside threshold (60% of starting value). Agent discount is $23.25 per security and proceeds to the issuer are $976.75 per security. The securities are unsecured obligations of Bank of Montreal and carry issuer credit risk and uncertain U.S. federal tax treatment.

Bank of Montreal priced a US$7,405,000 offering of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Contingent Coupons due June 15, 2028.

The notes pay a contingent quarterly coupon of 2.4125% per quarter (approximately 9.65% per annum) if each reference index equals or exceeds its 75.00% coupon barrier on an Observation Date. The notes reference the S&P 500, EURO STOXX 50 and S&P MidCap 400. If not called, maturity payoff depends on the performance of the least performing reference asset; a Trigger Event occurs if any Final Level is below its 75.00% Trigger Level. The estimated initial value was $966.63 per $1,000 on the Pricing Date.

Bank of Montreal priced a US$2,182,000 offering of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Contingent Coupons due June 15, 2029, linked to the least performing of the S&P 500, Russell 2000 and Nasdaq-100 Technology Sector Index.

The notes pay a contingent coupon of 0.75% per month if each reference asset meets its coupon barrier on observation dates, feature automatic redemption if all reference assets exceed their call levels on an observation date, and repay principal at maturity unless a trigger event tied to a 70.00% barrier occurs.

Bank of Montreal priced a US$5,933,000 issue of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to Devon Energy Corporation common stock (DVN). The notes pay quarterly memory coupons of 2.8375% (approximately 11.35% per annum) if the Reference Asset closes at or above a Coupon Barrier of $24.24 (55.00% of the Initial Level). The Initial Level is $44.07; the notes mature on June 14, 2028 with a Valuation Date of June 09, 2028.

If an Observation Date meets the Call Level (100% of the Initial Level), the notes will auto‑redeem beginning on December 09, 2026, and investors would receive principal plus any due Contingent Coupons. If not redeemed and the Final Level is below the Trigger Level ($24.24), investors at maturity may receive a Physical Delivery Amount in shares (or a Cash Delivery Amount) that can be materially less than principal. The estimated initial value at pricing was $972.34 per $1,000 principal amount.

Bank of Montreal is offering US$570,000 of Senior Medium‑Term Notes, Series K — Barrier Notes linked to the American Depositary Receipts of Abivax SA (ABVX). The notes pay a monthly coupon of 2.8667% per month (approximately 34.40% per annum), mature on December 14, 2026, and are subject to a trigger at $66.77 (65.00% of the Initial Level). If the Reference Asset closes below the Trigger Level during the Monitoring Period, the issuer may deliver a Physical Delivery Amount of ABVX shares (or cash at its election) at maturity; fractional shares are paid in cash. The estimated initial value on the Pricing Date was $936.80 per $1,000 of principal. The notes are unsecured obligations of the Bank and include extensive risk disclosures and tax characterization guidance in the accompanying prospectus materials.

Bank of Montreal priced a US$795,000 offering of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the common stock of Devon Energy Corporation (DVN). The notes price at 100% of principal with a pricing date of June 10, 2026, settlement on June 15, 2026 and maturity on June 15, 2028. The notes pay a contingent coupon of 3.05% per quarter (approximately 12.20% per annum) when the reference stock closes at or above the coupon barrier on each Observation Date and are subject to automatic redemption if the Reference Asset closes at or above the Call Level on an Observation Date beginning December 10, 2026. The Initial Level of the Reference Asset is $46.60; the Coupon Barrier and Trigger Level are each $25.63 (55.00% of the Initial Level). At maturity, if a Trigger Event occurs (Final Level < Trigger Level), investors may receive a Physical Delivery Amount equal to $1,000 divided by the Initial Level in shares (or a Cash Delivery Amount at issuer election). The document discloses an estimated initial value of $980.69 per $1,000 and shows agent commission of 1.85% ($14,707.50) with proceeds to BMOCM of 98.15% ($780,292.50).

Bank of Montreal priced US$325,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the MerQube US Large-Cap Vol Advantage Index (MQUSLVA). Pricing Date: June 10, 2026; Settlement Date: June 15, 2026; Maturity Date: June 14, 2029. The notes pay a contingent monthly coupon of 1.2167% per month (approximately 14.60% per annum) when the Reference Asset closes at or above the Coupon Barrier on Observation Dates. Coupon Barrier and Trigger Level are 2,862.43 (70.00% of the Initial Level); Call Level is 100% of the Initial Level. If auto-redeemed after a Call Observation Date, holders receive principal plus any due contingent coupons. If not auto-redeemed, maturity payoff equals $1,000 plus $1,000 times the Percentage Change, subject to a Trigger Event; examples show downside principal loss when Final Level is below the Trigger Level. Estimated initial value on the Pricing Date: $944.45 per $1,000. Public offering price: 100%; Agent’s commission: 0.90%; Proceeds to Bank of Montreal: $322,075.00.

Bank of Montreal priced US$275,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due June 14, 2029, linked to the MerQube US Large-Cap Vol Advantage Index (ticker MQUSLVA). The notes pay monthly contingent coupons of 1.4583% per month (approximately 17.50% per annum) if the Reference Asset closes at or above an 80% coupon barrier on Observation Dates and include a Memory Coupon feature. Beginning December 10, 2026, the notes may autocall if the Reference Asset exceeds the Call Level (100% of the Initial Level). At maturity, if not called and the Final Level is below the Trigger Level (80% of the Initial Level), holders suffer a loss proportional to the Reference Asset decline; hypothetical examples show maturity payments from $1,000 down to $0 per $1,000 principal. The pricing supplement states an estimated initial value of $943.55 per $1,000 on the Pricing Date and a public offering price of 100% ($1,000 per $1,000), with proceeds to the issuer shown as $272,525.00 after a 0.90% agent commission.