MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) 424B Filings

Bank of Montreal is offering US$908,000 of Senior Medium-Term Market Linked Notes, Series K, due September 16, 2027, linked to the least performing of the S&P 500® and the NASDAQ-100®. The notes pay no interest and provide 1-to-1 upside participation with an Upside Leverage Factor of 100.00%, subject to a Maximum Redemption Amount of $1,074.40 per $1,000 principal (a 7.44% capped return). If the least performing reference asset finishes below its Initial Level, holders receive only the $1,000 principal at maturity. Pricing date was March 11, 2026, settlement March 16, 2026, valuation date September 13, 2027. All payments are unsecured and subject to Bank of Montreal credit risk.

Bank of Montreal offers a preliminary pricing supplement for non‑interest notes linked to the VanEck® Gold Miners ETF (GDX), with a $1,000 principal amount per note and a threshold level equal to 75.00% of the initial underlier level (set on the trade date).

If the final underlier level is ≥ the threshold level, holders receive a threshold settlement amount expected to be between $1,252.60 and $1,296.40 per note. If the final underlier level is below the threshold, holders lose approximately 1.3333% of principal for every 1% the final level is below the threshold and could lose some or all principal. The initial estimated value is expected to be between $949.00 and $979.00 per $1,000 principal amount and will be less than the original issue price.

Bank of Montreal priced Senior Medium-Term Notes, Series K: market‑linked, auto‑callable securities due March 16, 2027 linked to the lowest performing of GE, Intel and JPM. The original offering price is $1,000 per security and the issuer's estimated initial value is $973.99 per security.

The securities pay a 16.50% per annum contingent coupon (monthly) subject to a monthly coupon threshold (50% of starting value); unpaid coupons accrue and can be paid later if thresholds are met (memory feature). The notes are auto‑callable June 2026–February 2027 if the lowest performing underlier meets its 90% call threshold; otherwise principal is at risk at maturity and may be reduced pro rata if the lowest performing underlier is below its 50% downside threshold.

Payments are unsecured obligations of Bank of Montreal, subject to the bank's credit risk; the securities are not FDIC‑insured and are not exchange‑listed. Pricing date: March 11, 2026; issue date: March 16, 2026. The agent discount per security is $15.75.

Bank of Montreal is offering Senior Medium-Term Notes, Series K: equity-linked, auto-callable securities due March 16, 2028 with a face amount and original offering price of $1,000 per security. The initial estimated value is $959.26 per security and the contingent coupon rate is 17.70% per annum.

Payments depend on the lowest performing Underlier of General Electric (GE), Intel (INTC) and JPMorgan Chase (JPM). Monthly calculation days begin April 11, 2026; automatic calls can occur June 2026–February 2028 if the lowest performing Underlier meets its call threshold. If not called, maturity payoff depends on the lowest performing Underlier on the final calculation day and offers a 50% downside threshold.

Bank of Montreal is offering US$1,250,000,000 of 4.338% Fixed/Floating Rate Senior Notes due March 19, 2030. The Notes pay 4.338% semi‑annually from March 19, 2026 to March 19, 2029, then Compounded SOFR + 0.890% quarterly through maturity. The offering price is 100.000% with underwriting commissions of 0.250%, producing estimated net proceeds of US$1,246,675,000 to the issuer.

The Notes are senior unsecured, bail-inable and subject to conversion into common shares under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act; Canadian law and Ontario courts govern certain bail-in effects. Redemption features include optional redemptions (par call mechanics and tax redemption) and standard benchmark/treasury‑rate based call pricing. Interest resets reference Compounded SOFR with detailed fallback and benchmark replacement provisions.

Bank of Montreal is issuing $2,000,000 Senior Medium-Term Notes, Series K, redeemable fixed-rate notes due March 13, 2029.

The Notes pay interest at 4.00% per annum, with semi-annual interest payments on the 13th of March and September commencing September 13, 2026, and have a $1,000 principal amount per Note. The Notes are redeemable in whole (but not in part) by Bank of Montreal on semi-annual Optional Redemption Dates beginning March 13, 2027 at 100% of principal plus accrued interest. The Notes are bail-inable and subject to conversion under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act, with related jurisdictional and consent provisions described in the pricing supplement. The original issue price was $1,000.00 per Note; underwriting discount was $2.50 per Note and proceeds to Bank of Montreal were $997.50 per Note (total proceeds $1,995,000.00).

Bank of Montreal priced US$7,917,000 Senior Medium-Term Notes, Series K — autocallable barrier notes linked to the American depositary receipts of Novo Nordisk A/S (NVO). Pricing date was March 10, 2026 with settlement March 13, 2026 and maturity April 13, 2027.

The notes pay a contingent monthly coupon of 1.09% per month (approximately 13.08% per annum) when the Reference Asset on an Observation Date is at or above the Coupon Barrier of $22.07 (57.00% of the Initial Level). The Initial Level is stated as $38.72. The notes are callable beginning on September 09, 2026 if the Reference Asset closes at or above the Call Level (100% of Initial Level). At maturity, if a Trigger Event occurs (Final Level below the Trigger Level of $22.07), holders may receive shares or cash based on the Physical or Cash Delivery Amount; otherwise holders receive full principal. The cover shows an estimated initial value of $951.96 per $1,000 and a public offering price of 100% with an agent commission of 2.15%.

Bank of Montreal is offering US$1,096,000 of Senior Medium-Term Notes, Series K, Market Linked Notes due September 13, 2027, linked to the least performing of the S&P 500® Index and the Russell 2000® Index. The notes pay no interest and provide 1-to-1 upside exposure to the Least Performing Reference Asset multiplied by a 100.00% Upside Leverage Factor, but returns are capped by a $1,083.50 Maximum Redemption Amount per $1,000 principal (a 8.35% maximum return).

If the Least Performing Reference Asset finishes below or equal to its initial level, investors receive only principal at maturity. Key dates: Pricing Date March 10, 2026, Settlement Date March 13, 2026, Valuation Date September 08, 2027 and Maturity Date September 13, 2027. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk.

Bank of Montreal is offering $8,500,000 Senior Medium-Term Notes, Series K — Callable Barrier Notes due December 15, 2027 linked to the least performing of the S&P 500®, EURO STOXX 50® and Russell 2000® indices. The notes pay contingent quarterly coupons of 3.4625% per quarter (approximately 13.85% per annum) if each reference asset on an Observation Date is at or above its 70.00% Coupon Barrier. The issuer may call the notes in whole beginning on June 10, 2026 on any Observation Date; called notes pay principal plus any contingent coupon due on the Call Settlement Date. At maturity, if any Reference Asset’s Final Level is below its 65.00% Trigger Level, holders receive $1,000 adjusted by the Percentage Change of the least performing Reference Asset (which may be less than principal). The pricing date was March 10, 2026, the settlement date March 13, 2026, and the document reports an estimated initial value of $993.17 per $1,000 principal.

Bank of Montreal priced US$500,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the least performing of GOOG, NFLX and AMZN. The notes pay a contingent monthly coupon of 1.1167% (≈13.40% per annum) when each reference asset is at or above a 50% coupon barrier on Observation Dates. The notes are subject to automatic redemption beginning on March 10, 2027 if each reference asset is at or above its Call Level (100% of Initial Level) on an Observation Date. At maturity on March 13, 2029, if not autocalled, holders receive cash: $1,000 per $1,000 unless a Trigger Event occurs (Final Level of any reference asset below its Trigger Level at March 08, 2029), in which case the maturity payment equals $1,000 plus $1,000 times the Percentage Change of the Least Performing Reference Asset. Coupon and trigger barrier levels are 50% of each Initial Level (GOOG $150.46, NFLX $49.59, AMZN $109.47). The estimated initial value was $975.10 per $1,000 on the Pricing Date.

Bank of Montreal is offering $2,000,000 of Senior Medium‑Term Notes, Series K, redeemable fixed‑rate notes due March 13, 2031. The Notes pay interest at 4.25% per annum, payable semi‑annually beginning September 13, 2026, in denominations of $1,000.

The Notes are redeemable in whole, at 100% of principal plus accrued interest, on semi‑annual Optional Redemption Dates commencing March 13, 2028. The offering price is $1,000.00 per Note with an underwriting discount of $6.20 per Note and proceeds to the Bank of $1,987,600.00 in the aggregate. The Notes are unsecured, not listed, not insured by deposit insurers, and are bail‑inable and subject to conversion under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act (the “CDIC Act”).

Bank of Montreal is offering $1,186,000 Senior Medium-Term Notes, Series K — redeemable fixed-rate notes due March 3, 2031. The Notes pay 4.25% per annum, with semi-annual interest dates beginning September 13, 2026, and are redeemable by the issuer on semi-annual Optional Redemption Dates at 100% of principal plus accrued interest.

The Notes were issued at $1,000.00 per Note with an underwriting discount of $10.00 per Note (total proceeds to the Bank of $1,174,140.00). The Notes are unsecured, not listed, not insured by deposit insurers, and are bail-inable under the Canada Deposit Insurance Corporation Act, which permits conversion in whole or in part into common shares of Bank of Montreal under subsection 39.2(2.3) of the CDIC Act.

Bank of Montreal priced $2,000,000 of Senior Medium-Term Notes, Series K, 4.40% Redeemable Fixed Rate Notes due March 13, 2031. The Notes pay semi-annual interest, are redeemable by the Bank on semi-annual optional redemption dates beginning March 13, 2027, and are bail-inable under the CDIC Act.

The Notes are unsecured, issued at a $1,000 principal per note with an original issue price of $1,000.00 per note and an underwriting discount of $3.50 per note; proceeds to the Bank total $1,993,000.00.

Bank of Montreal offers $2,000,000 Senior Medium‑Term Notes, Series K. The Notes are redeemable fixed‑rate debt with a stated maturity of March 13, 2031 and a stated interest rate of 4.30% per annum, payable semi‑annually on March 13 and September 13, commencing September 13, 2026.

The Notes have a denomination of $1,000 per Note, are redeemable in whole on specified semi‑annual Optional Redemption Dates at 100% of principal plus accrued interest, are not listed on any exchange and are bail‑inable under the Canada Deposit Insurance Corporation Act with the conversion mechanics described in the pricing supplement. The original issue price is $1,000.00 per Note, with an underwriting discount of $6.50 per Note and proceeds to Bank of Montreal of $993.50 per Note (total proceeds $1,987,000.00).

Bank of Montreal is offering Senior Medium‑Term Notes, Series K: market‑linked, auto‑callable securities linked to the lowest performing of three State Street SPDR ETFs. The Original Offering Price is $1,000 per security; agent discount is $23.25, with proceeds to Bank of Montreal of $976.75 per security.

The preliminary pricing sets an estimated initial value of $969.00 and a floor estimated value at pricing of $929.00. Pricing date is March 18, 2026, issue date is March 23, 2026, and stated maturity is March 22, 2029. The contingent coupon rate will be determined on the pricing date and will be at least 12.66% per annum. The securities provide contingent monthly coupons, an automatic call feature, and a principal downside threshold equal to 70% of each Underlier’s starting value; principal is at risk if the lowest performing Underlier closes below that threshold on the final calculation day.

Bank of Montreal is offering Senior Medium-Term Notes, Series K: redeemable fixed-rate notes with a Stated Maturity Date of March 25, 2031. The notes pay interest at 4.40% per annum, semi-annually, and have a principal amount of $1,000 per note with an Issue Date of March 25, 2026.

The notes are redeemable at the issuer’s option on semi-annual Optional Redemption Dates beginning March 25, 2028, at 100% of principal plus accrued interest. These are unsecured, bail-inable notes subject to conversion under subsection 39.2(2.3) of the CDIC Act. Original issue price is $1,000 per note; underwriting discount is $15, leaving proceeds to the issuer of $985 per note.

Bank of Montreal is offering Senior Medium-Term Redeemable Fixed Rate Notes, Series K with a stated maturity of March 25, 2031. The Notes have a principal denomination of $1,000 per Note, pay interest at 4.60% per annum semi-annually, and pay $1,000 at maturity unless redeemed earlier.

The Notes are redeemable in whole, at 100% of principal plus accrued interest, on semi-annual Optional Redemption Dates beginning March 25, 2027. The offering price per Note is $1,000.00 with an underwriting discount of $15.00, leaving proceeds to the issuer of $985.00 per Note. The Notes will not be listed on any securities exchange.

The Notes are bail-inable and subject to conversion into common shares under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act; holders are deemed to consent to the CDIC Act conversion mechanics and Ontario/federal law applicable to such conversion. The Notes are unsecured obligations of Bank of Montreal and are subject to the issuer's credit risk.

Bank of Montreal offers Market Linked Senior Medium-Term Notes (Series K) — auto-callable, contingent-coupon, principal-at-risk securities linked to the lowest performing of Alphabet Class A, the iShares Russell 2000 Value ETF and the State Street Financial Select Sector SPDR ETF. The Original Offering Price and face amount are $1,000 per security. Pricing date is March 12, 2026 and issue date is March 17, 2026. The contingent coupon rate will be set on the pricing date and will be at least 13.44% per annum, paid monthly if the lowest performing Underlier on a calculation day is at or above its coupon threshold (70% of starting value). Automatic call may occur on monthly calculation days between September 2026 and February 2029 if the lowest performing Underlier is at or above its starting value. If not called, maturity is March 15, 2029; principal is protected only if the lowest performing Underlier on the final calculation day is at or above its downside threshold (65%); otherwise you may lose more than 35%, and possibly all, of principal. Estimated initial value at this preliminary stage: $967.60 (will not be less than $918.00 at pricing). All payments are subject to Bank of Montreal credit risk.

Bank of Montreal offers Market Linked Securities—Auto‑Callable with Contingent Coupon and Contingent Downside Principal at Risk linked to the common stock of GE Vernova Inc. The securities have a $1,000 face amount, an estimated initial value of $966.80 (floor $917.00), a minimum contingent coupon rate of 21.60% per annum, quarterly observation dates beginning June 2026, an automatic call feature (Sept 2026–Dec 2028) and a stated maturity of March 29, 2029. At maturity, if the ending value is below 70% of the starting value, payment equals $1,000 × performance factor; otherwise you receive the face amount. The securities are unsecured obligations of Bank of Montreal and subject to its credit risk.

Bank of Montreal is offering senior medium-term, equity-linked notes (face amount $1,000) linked to the common stock of Delta Air Lines, Inc. with a stated maturity of April 1, 2027. The original offering price is $1,000 per security and the issuer's estimated initial value on the pricing supplement is $967.90 (will not be less than $920.00 at pricing). The securities provide 150% upside participation subject to a maximum return of at least 56.40% and a downside threshold equal to 90% of the starting value; if the ending value is below the threshold you bear full downside exposure to declines in the Underlier.

Bank of Montreal priced US$2,835,000 Senior Medium-Term Notes, Series K: Autocallable Barrier Notes linked to the least performing of the S&P 500® and the Russell 2000®. The Pricing Date is March 09, 2026, settlement March 12, 2026, and maturity March 12, 2029.

The notes pay a contingent quarterly coupon of 1.9075% per quarter (~7.63% per annum) if each reference asset on an Observation Date is at or above its Coupon Barrier. The Coupon Barrier and Trigger Level for each index equal 70.00% of its Initial Level. Automatic redemption may occur beginning March 09, 2027 if both indices are at or above their Call Levels (100% of Initial Levels). Price to public is $1,000 per $1,000 principal; estimated initial value was $956.96 per $1,000.

Bank of Montreal is offering US$1,853,000 of Senior Medium-Term Notes, Series K — Capped Buffer Notes linked to the S&P 500® Index, maturing on September 13, 2027. The notes pay no interest and provide 1-to-1 upside participation subject to a Maximum Redemption Amount of $1,170.00 per $1,000 (a 17.00% cap). If the index falls more than 15.00% from the Initial Level, investors absorb losses dollar-for-dollar beyond that buffer, up to an 85.00% loss of principal. The notes are unsecured obligations of Bank of Montreal, not exchange-listed, and all payments are subject to the issuer’s credit risk.

Bank of Montreal is offering US$400,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes with contingent monthly coupons and a March 12, 2029 maturity.

Key terms: contingent coupons of 0.7083% per month (approximately 8.50% per annum) payable monthly if each Reference Asset closes at or above its 70.00% Coupon Barrier on an Observation Date; an Issuer Call may be exercised beginning on June 09, 2026; valuation date is March 07, 2029. The estimated initial value on the Pricing Date was $975.55 per $1,000 principal amount.

Bank of Montreal priced $17,750,000 of Senior Medium-Term Notes, Series K, a redeemable fixed-rate issue due March 12, 2031. The Notes carry a 4.10% annual coupon, pay interest semi-annually on March and September 12, have a $1,000 principal denomination and an Issue Date of March 12, 2026. The Notes are redeemable in whole on March 12, 2030 at 100% of principal plus accrued interest and are bail-inable under the Canada Deposit Insurance Corporation Act, with conversion powers into common shares described in the prospectus materials.

Bank of Montreal is offering $25,000,000 aggregate principal amount of Senior Medium-Term Notes, Series K, Redeemable Fixed Rate Notes due March 12, 2029. The Notes pay 4.30% interest per annum, payable semi‑annually, and are redeemable by the issuer on semi‑annual optional redemption dates.

The Notes are bail-inable under the Canada Deposit Insurance Corporation Act and may be converted, in whole or in part, into common shares under that regime; they are unsecured obligations, not listed, and bear a principal amount of $1,000 per Note.

Bank of Montreal offers principal‑at‑risk equity‑linked notes tied to the S&P 500® Index. The notes have a $1,000 principal amount per note and a stated maturity date of April 12, 2028 (subject to postponement). If the final underlier level on the determination date is at or above 85.00% of the initial level, holders receive a $1,188.50 payment per $1,000 note; if below that threshold, holders lose approximately 1.1765% of principal for every 1% the final level is below the threshold and could lose some or all principal. The initial estimated value is $998.71 per $1,000 note and the aggregate original issue proceeds equal $7,239,000.00. Payments are unsecured obligations of Bank of Montreal and are subject to its credit risk.

Bank of Montreal is offering tranches of Senior Medium-Term Notes, Series J due in 2030, comprised of a fixed-to-floating tranche and a floating-rate tranche. The notes are senior unsecured, bail-inable and may be converted into common shares under the CDIC Act. Interest for the fixed tranche is payable through a fixed period then resets to compounded SOFR plus a spread; the floating tranche pays compounded SOFR plus a spread. Redemption and tax-redemption provisions, payment of additional amounts for certain Canadian taxes, calculation agent mechanics, and benchmark-replacement provisions for SOFR are described. The offering uses book-entry form through DTC and will be distributed by an underwriter syndicate that includes an affiliate, BMO Capital Markets Corp., creating a disclosed conflict of interest.

Bank of Montreal is offering Senior Medium-Term Notes, Series K: fixed-rate, redeemable notes with a 5.05% per annum coupon, a stated maturity of March 24, 2038, and an original issue price of $1,000.00 per Note. Interest is payable semi-annually on March 24 and September 24, beginning September 24, 2026. The issuer may redeem the Notes in whole (but not in part) on semi-annual Optional Redemption Dates beginning March 24, 2028 at 100% of principal plus accrued interest. The Notes are bail-inable under the Canada Deposit Insurance Corporation Act and may be converted into common shares under subsection 39.2(2.3) of the CDIC Act. The original issue price allocates an underwriting discount of $20.00, leaving proceeds to the issuer of $980.00 per Note.

Bank of Montreal (BERZ) priced a Senior Medium-Term Note, Series K: an equity index‑linked, auto‑callable note with a fixed monthly coupon (coupon rate determined on pricing date, at least 7.40% per annum), face amount $1,000 and stated maturity April 2, 2029. Pricing date is March 27, 2026 and issue date April 1, 2026. The securities are linked to the lowest performing of the Nasdaq‑100, Russell 2000 and S&P 500; threshold values equal 75% of each starting value. If not called, principal at maturity depends solely on the lowest performing Underlier and can be reduced pro rata (potentially to zero) if that Underlier closes below its threshold. Estimated initial value on the preliminary pricing supplement is $968.30 (not less than $920.00), original offering price is $1,000, agent discount $23.25, proceeds to issuer $976.75. Payments are subject to Bank of Montreal credit risk; securities are unsecured and not FDIC‑insured.

Bank of Montreal offers Market Linked Securities—auto-callable notes with a contingent 9.06% per annum coupon and principal at risk, linked to the lowest performing of the Nasdaq-100, Russell 2000 and S&P 500, maturing March 9, 2029. The original offering price is $1,000 per security and the initial estimated value on the pricing date was $953.43 per security; pricing date was March 6, 2026 and issue date March 11, 2026.

Monthly calculation days determine contingent monthly coupon payments and quarterly call opportunities. If the lowest performing Underlier is at or above its coupon threshold (75% of its starting value) on a calculation day, holders may receive the contingent coupon; automatic calls occur if the lowest performing Underlier is at or above its starting value on a call date. At maturity, if not called, principal is returned in full only if the lowest performing Underlier ends at or above its downside threshold (70% of starting value); otherwise principal is reduced pro rata to the Underlier’s performance.

Bank of Montreal is offering market-linked, auto-callable Senior Medium-Term Notes (Series K) linked to the lowest performing share of Advanced Micro Devices, Microsoft and UnitedHealth, maturing March 28, 2029. The original offering price is $1,000 per security; estimated initial value on the pricing date was $965 (not less than $915). The notes pay monthly contingent coupons (with a memory feature) only if the lowest performing underlier on each calculation day meets its coupon threshold; the contingent coupon rate will be at least 21.90% per annum. If the notes are automatically called on a calculation day, holders receive principal plus accrued contingent coupons. At maturity, if not called, repayment equals $1,000 unless the lowest performing underlier’s ending value is below its downside threshold (60% of starting value), in which case principal is reduced pro rata by the underlier’s performance factor. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk. Tax treatment is uncertain for U.S. holders; withholding on coupons to non-U.S. holders is expected. The securities are complex, not listed, and may have limited secondary-market liquidity.

Bank of Montreal priced US$1,391,000 Senior Medium-Term Notes, Series K — Autocallable Contingent Risk Absolute Return Buffer Notes due March 12, 2029. The notes pay no interest and offer 120.00% upside leverage to appreciation of the least performing of NDX, RTY and SPX, a 50.00% downside leverage when declines remain above a 70.00% Buffer Level, and an automatic redemption feature on March 12, 2027 if each Reference Asset exceeds its Call Level.

Key terms: Price to public 100% ($1,391,000 aggregate); Call Amount $144.60 per note (approximate 14.46% per annum) if autocalled; Maximum Downside Redemption Amount $1,150.00 per $1,000; estimated initial value $971.63 per $1,000. All payments are subject to the credit risk of Bank of Montreal.

Bank of Montreal priced US$1,220,000 of Senior Medium-Term Notes, Series K — Capped Contingent Risk Absolute Return Buffer Notes linked to the least performing of EFA, SPX and RTY.

The notes mature on September 13, 2027, were priced on March 06, 2026 and settle on March 11, 2026. They offer 125.00% upside leverage subject to a $1,237.00 maximum redemption per $1,000, and a 20.00% downside buffer (Buffer Level = 80.00% of initial). If the least performing reference asset falls below the buffer, investors lose 1% of principal for each 1% decline beyond the buffer, up to an 80.00% principal loss. The issuers initial estimated value was $983.99 per $1,000.

Bank of Montreal launches a structured equity-linked note offering linked to GE, Intel and JPMorgan (auto-callable). The preliminary pricing supplement sets an Original Offering Price of $1,000 per security, an estimated initial value of $971.90 (not less than $922.00), pricing date March 11, 2026, issue date March 16, 2026 and stated maturity March 16, 2028.

The notes pay monthly contingent coupons with a contingent coupon rate of at least 17.70% per annum (paid only if the lowest‑performing underlier meets its coupon threshold on a calculation day), are auto‑callable if the lowest performing underlier meets its call threshold on specified calculation days, and repay principal at maturity tied to the lowest performing underlier (downside protection threshold = 50% of starting value).

Bank of Montreal priced US$30,000 Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to General Motors Company stock. The notes have an $1,000 principal per note equivalent, a total principal amount of $30,000.00, a Pricing Date of March 06, 2026, Settlement Date March 11, 2026, Valuation Date April 07, 2027, and Maturity Date April 12, 2027.

The notes pay a Contingent Coupon of 1.1792% per month (approximately 14.15% per annum) when the Reference Asset closes at or above the Coupon Barrier Level on Observation Dates. The Coupon Barrier and Trigger Level are $53.14 (70.70% of the Initial Level). If not autocalled and the Final Level is below the Trigger Level, maturity proceeds equal $1,000 plus Percentage Change, which may be less than principal.

Bank of Montreal priced Autocallable Barrier Senior Notes linked to General Motors Company common stock. The offering consists of $128,000 in principal amount of Series K notes with a contingent monthly coupon of 0.975% (≈11.70% per annum), an initial level of $75.21, and a coupon/trigger barrier of $53.14 (70.70% of initial). The notes pay monthly contingent coupons if the stock closes at or above the coupon barrier on observation dates, can autocall beginning September 9, 2026 if the reference asset is at or above the call level, and pay a cash settlement at maturity (April 12, 2027) that can return less than principal if the final level is below the trigger. The estimated initial value was $963.25 per $1,000 on the pricing date and proceeds to BMO were 97.85% of principal after commissions.

Bank of Montreal priced US$260,000 Senior Medium-Term Notes, Series K Callable Barrier Notes due February 11, 2028. These are principal-protected at maturity unless a Trigger Event occurs, in which case repayment is tied to the Least Performing Reference Asset.

The notes pay a contingent coupon of 0.675% per month (approximately 8.10% per annum) on each monthly coupon date if each Reference Asset closes at or above its Coupon Barrier Level on the related Observation Date. Reference Assets are the Russell 2000® (RTY), State Street® Utilities Select Sector SPDR® ETF (XLU) and the Nasdaq-100 Technology Sector Index (NDXT). Coupon Barrier Levels are 70% of initial levels and Trigger Levels are 60% of initial levels; a Trigger Event is any Final Level below the Trigger Level on the Valuation Date.

Bank of Montreal issues US$4,287,000 Senior Medium-Term Notes, Series K Autocallable Barrier Notes linked to Blackstone Inc. (BX). The notes priced on March 06, 2026 with settlement on March 11, 2026 and mature on March 12, 2029.

Key economics: principal amount $4,287,000.00, public offering price 100%, estimated initial value $959.87 per $1,000 principal, agent’s commission $85,740.00 (2.00%), proceeds to Bank of Montreal $4,201,260.00 (98.00%). The notes pay contingent quarterly coupons of 3.575% (approximately 14.30% per annum) when the Reference Asset closes at or above the coupon barrier of $55.20 (50.00% of the Initial Level). Initial Level is $110.40; Call Level is 100% of the Initial Level; Trigger Level equals the coupon barrier at $55.20. If not autocalled, maturity payoff is $1,000 adjusted by the Percentage Change in the Reference Asset and may be less than or equal to principal.

Bank of Montreal priced US$2,813,000 Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons linked to the least performing of GDX, NDX and KRE. The notes pay a monthly contingent coupon of 21.50% per annum (1.7917% per month) if each Reference Asset on an Observation Date is at or above its Coupon Barrier Level.

The notes mature on February 11, 2028 (Valuation Date February 08, 2028), settle on March 11, 2026, and are callable in whole by the issuer beginning on September 08, 2026. At maturity, if any Reference Asset’s Final Level is below its Trigger Level (60.00% of Initial Level), investors receive $1,000 adjusted by the Percentage Change of the least performing Reference Asset; principal can be lost. The cover shows an estimated initial value of $969.63 per $1,000 and a public offering price of 100%.

Bank of Montreal priced US$1,785,000 Senior Medium-Term Notes, Series K: Autocallable Barrier Notes linked to the common stock of MercadoLibre, Inc. (MELI). The Pricing Date is March 06, 2026, Settlement March 11, 2026, and Maturity March 12, 2029.

Key economics: Initial Level $1,787.86, Contingent Interest Rate 3.925% per quarter (~15.70% p.a.), Coupon Barrier $1,251.50 (70% of Initial Level), Trigger Level $1,072.72 (60% of Initial Level), Call Level 100% of Initial Level. Price to public 100%; Agent’s commission 2%; Proceeds to Bank 98%. Estimated initial value: $959.55 per $1,000.

Bank of Montreal priced US$500,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the least performing of JPMorgan Chase & Co., The Charles Schwab Corporation and Wells Fargo & Company. The notes have a Contingent Interest Rate of 0.9292% per month (approximately 11.15% per annum) and monthly observation/contingent coupon dates beginning April 12, 2026.

If not called, maturity is March 12, 2029. Payment at maturity depends on the performance of the Reference Assets; a Trigger Event occurs if any Final Level is below its Trigger Level (50% of Initial Level), which can reduce the principal payable. The pricing date was March 06, 2026 with an estimated initial value of $971.48 per $1,000 principal amount.

Bank of Montreal priced US$650,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Capital One Financial Corporation common stock. The notes pay contingent quarterly coupons of 3.725% (approximately 14.90% per annum) and mature on March 12, 2029.

The Initial Level of the Reference Asset is $187.71. The Coupon Barrier Level and Trigger Level are $140.78 (75.00% of the Initial Level). Automatic redemption can occur beginning on September 09, 2026 if the Call Level (100% of the Initial Level) is met on an Observation Date. Payment at maturity is cash only and depends on the Final Level on the Valuation Date (March 07, 2029); a Trigger Event (Final Level below the Trigger Level) reduces principal pro rata.

Bank of Montreal priced US$4,035,000 Senior Medium-Term Notes, Series K, Autocallable Barrier Notes linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®. The notes pay a 5.025% contingent interest rate per semiannual period (approximately 10.05% per annum) when each reference asset is at or above its Coupon Barrier Level on Observation Dates. The Coupon Barrier and Trigger Levels equal 70.00% of each Initial Level (SPX 4,718.01; NDX 17,250.11; RTY 1,767.711). Beginning on September 09, 2026, the notes will be automatically redeemed if, on an Observation Date, each Reference Asset is at or above its Call Level (100% of Initial Level). If not called, at maturity on March 12, 2029 investors receive $1,000 per $1,000 unless the Least Performing Reference Asset is below its Trigger Level, in which case payment equals $1,000 plus $1,000 times the Percentage Change of that asset (which can be less than principal or zero). Pricing to the public was 100% (Agent’s Commission 1.50%), proceeds to Bank of Montreal 98.50%, and the estimated initial value was $965.14 per $1,000.

Bank of Montreal priced US$2,200,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®. The Pricing Date is March 06, 2026, settlement is March 11, 2026, and maturity is June 11, 2027.

The notes pay a contingent monthly coupon of 1.05% (≈ 12.60% per annum) when each reference asset closes at or above a Coupon Barrier (70% of initial level). They are autocallable beginning on September 08, 2026 if all reference assets are at or above their Call Level (100% of initial). If a Trigger Event occurs (any asset below 65% of initial on any monitoring day) and the least performing asset finishes below its Initial Level, maturity proceeds can be less than principal. The estimated initial value on the Pricing Date was $978.83 per $1,000 principal.

Bank of Montreal priced US$1,150,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes linked to The Walt Disney Company (DIS) with quarterly contingent coupons of 2.705% (approximately 10.82% per annum) and a maturity date of March 12, 2029.

Notes pay $27.05 per $1,000 when the Reference Asset meets the coupon barrier ($76.16, 75% of the Initial Level). Automatic redemption begins on September 09, 2026 if the Reference Asset closes above the Call Level (100% of Initial Level). At maturity, if the Final Level is below the Trigger Level ($76.16), holders receive a reduced cash payment based on the percentage change in the Reference Asset; physical shares will not be delivered.

Bank of Montreal is offering US$1,315,000 in Senior Medium-Term Notes, Series K — Callable Barrier Notes due March 09, 2029. The notes pay quarterly contingent coupons of 2.2175% per quarter (approximately 8.87% per annum) if each reference index closes at or above its 70.00% Coupon Barrier on each Observation Date.

The notes are linked to the least performing of the NASDAQ-100 (NDX), Russell 2000 (RTY) and Dow Jones Industrial Average (INDU). If no Issuer Call occurs, maturity payment equals $1,000 plus $1,000 times the Percentage Change of the Least Performing Reference Asset, unless a Trigger Event occurs (Final Level below the 60.00% Trigger Level), in which case principal may be partially or wholly lost. The pricing date is March 06, 2026, settlement March 11, 2026, and valuation date March 06, 2029. The cover shows an estimated initial value of $963.88 per $1,000 and a public offering price of 100% with an agent’s commission of 1.85% (proceeds to Bank of Montreal 98.15%).

Bank of Montreal priced US$500,000 Senior Medium‑Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons linked to the Class A common stock of Blue Owl Capital Inc. (ticker: OWL). The notes carry a contingent quarterly coupon of 5.155% (approximately 20.62% per annum) and an Initial Level of the Reference Asset of $10.42.

The Coupon Barrier Level and Trigger Level are each $5.21 (50.00% of the Initial Level). The notes pay memory Contingent Coupons on scheduled quarterly payment dates beginning June 12, 2026, are subject to automatic redemption if the Reference Asset closes above the Call Level ($10.42) on an Observation Date beginning September 09, 2026, and mature on March 12, 2029 with cash settlement only. The estimated initial value was $942.76 per $1,000 on the Pricing Date; Price to Public was 100% with Agent’s Commission 2.35%.

Bank of Montreal priced a US$1,117,000 offering of Senior Medium-Term Notes, Series K — market-linked notes due March 11, 2031 — linked to the S&P 500® Index. The notes provide 150.00% upside exposure to any appreciation in the index subject to a Maximum Redemption Amount of $1,341.00 per $1,000 (a 34.10% capped return). If the Reference Asset declines or is flat at maturity, holders receive the $1,000 principal only. The notes pay no interest, are unsecured obligations of Bank of Montreal, are not listed, and are subject to the issuer’s credit risk.

The Pricing Date was March 06, 2026, Settlement Date March 11, 2026, Valuation Date March 06, 2031, and the offering included an agent commission of 1.50% with proceeds to the Bank of $1,100,245.00 in aggregate. Our estimated initial value on the Pricing Date was $971.43 per $1,000 principal.

Bank of Montreal priced US$239,000 of Senior Medium-Term Notes, Series K — Capped Barrier Enhanced Return Notes linked to the S&P 500® Index. The notes offer 200.00% Upside Leverage with a Maximum Redemption Amount of $1,130.00 per $1,000 (a 13.00% return).

Key terms: Pricing Date March 06, 2026, Settlement March 11, 2026, Valuation Date May 06, 2027, Maturity Date May 11, 2027. Initial Level 6,740.02, Barrier Level 6,066.02 (90% of Initial Level). Agent’s commission is 2.00% and proceeds to the Bank equal 98.00% of principal. All payments are subject to Bank of Montreal credit risk.