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

Bank of Montreal priced US$550,000 Senior Medium-Term Notes, Series K, a capped market-linked note due March 13, 2028 linked to the least performing of the Russell 2000® and the S&P 500®.

The notes pay no interest, have a Maximum Redemption Amount of $1,244.00 per $1,000 (a 24.40% cap), and provide 1:1 upside up to the cap with downside limited to at most a 5.00% principal loss (minimum payment $950 per $1,000) based on the Least Performing Reference Asset. All payments are subject to the issuer's credit risk and the notes will not be listed.

Bank of Montreal is offering US$9,462,000 principal of Senior Medium‑Term Notes, Series K — Digital Return Barrier Notes due April 12, 2027. The notes pay a 9.76% Digital Return if the least performing of the S&P 500® and Russell 2000® is ≥ 70.00% of its March 6, 2026 initial level at the valuation date. If the least performing reference asset declines more than 30.00% from its initial level, investors lose 1% of principal for each 1% decline and may lose up to all principal at maturity. The notes do not bear interest, are unsecured obligations of Bank of Montreal, are not exchange‑listed, and were priced to public at 100% with proceeds to the issuer of $9,421,313.40. BMOCM is agent and calculation agent. On the pricing date the issuer’s estimated initial value was $979.22 per $1,000 note.

Bank of Montreal is issuing 100,000 ETNs representing an aggregate principal amount of $12,500,000 linked to a daily-reset -3× inverse exposure to the Solactive MicroSectors™ U.S. Big Oil Index. Each ETN has a principal amount of $125 (post 1-for-5 reverse split) and matures on February 17, 2045.

The ETNs reset leverage daily, deduct a 0.95% per annum Daily Investor Fee, may charge a Redemption Fee Amount of 0.125%, and incorporate a Daily Interest equal to the Federal Funds Effective Rate minus an Interest Rate Spread (initially 2.00% per annum, adjustable up to 4.00% per annum). The ETNs are unsecured obligations of Bank of Montreal, are listed under ticker NRGD, are intended as short-term trading tools (not buy-and-hold), and may lose their entire value; payments are subject to issuer credit risk.

Bank of Montreal is offering exchange-traded notes (ETNs) linked to a daily -3x inverse exposure to the Solactive MicroSectors™ Energy Index. The tranche consists of 500,000 notes outstanding as of March 10, 2026, representing an aggregate principal amount of $12,500,000.

Each note has a $25 principal amount, does not pay interest, and is listed on the NYSE under the symbol WTID. A Daily Investor Fee of 0.95% per annum, a possible negative Daily Interest (based on the US Federal Funds Effective Rate minus an Interest Rate Spread initially 2.00%, adjustable up to 4.00%), and a Redemption Fee of 0.125% will reduce returns. The notes do not guarantee return of principal and are intended as daily trading tools, not buy-and-hold investments; investors may lose all principal.

Bank of Montreal is offering senior medium-term, equity-linked auto-callable notes due March 16, 2027 linked to the lowest performing of GE, Intel and JPMorgan. The original offering price is $1,000 per security, with proceeds to the bank of $984.25 per security after an agent discount of $15.75. The notes pay monthly contingent coupons (rate set at pricing, at least 16.50% per annum) subject to the lowest performing underlier meeting coupon thresholds, include an automatic-call feature tied to call thresholds, and expose holders to full downside on the lowest performing underlier at maturity (50% downside threshold). The estimated initial value at pricing is $979.00, not less than $929.00. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk.

Bank of Montreal issues $2,000,000 Senior Medium‑Term Notes, Series K, due March 11, 2039. The Notes pay 5.00% per annum interest semi‑annually, are redeemable by the bank on specified semi‑annual Optional Redemption Dates, and are bail‑inable under the Canadian CDIC Act.

The Notes were issued at $1,000 per Note (original issue price), with underwriting discount of $10 per Note and proceeds to the Bank of $990 per Note. Interest payments commence September 11, 2026, and the Notes will not be listed on any exchange.

Bank of Montreal priced $1,364,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons due March 12, 2029, linked to the S&P 500®, Russell 2000® and Nasdaq-100 Technology Sector Index. The notes pay a contingent quarterly coupon of 2.9375% (approximately 11.75% per annum) when each reference asset is at or above an 80% coupon barrier on observation dates and include a memory coupon feature.

If not called, maturity payoff depends on the Least Performing Reference Asset. If the Final Level of any Reference Asset is below its 70% trigger level on the valuation date, the investor receives $1,000 multiplied by the percentage change of that Least Performing Reference Asset (which may be less than principal). Estimated initial value was $972.56 per $1,000 on the pricing date.

Bank of Montreal is offering unsecured market-linked Senior Medium-Term Notes (Series K) — auto-callable securities linked to the lowest performing of Class A common stock of Meta Platforms, Inc. and common stock of NVIDIA Corporation. Each security has a face amount of $1,000, an issue date of April 1, 2026 and a stated maturity of March 30, 2029. The contingent coupon rate will be set on the pricing date and will be at least 19.60% per annum; coupon and downside threshold values are 70% of each Underlier’s starting value. The estimated initial value at the preliminary pricing is $964.30 (not less than $924.00), and the original offering price is $1,000 with an agent discount up to $23.25 per security. Payments and automatic call outcomes depend solely on the lowest performing Underlier; investors bear credit risk of Bank of Montreal and possible full loss of principal if the lowest performing Underlier falls below its downside threshold on the final calculation day.

Bank of Montreal is offering a tranche of Energy -3X Inverse Leveraged ETNs due January 29, 2043 with an expected aggregate principal outstanding of $6,250,000 (250,000 notes at $25 each) as of March 9, 2026. The notes provide a -3x daily resetting inverse exposure to the Solactive MicroSectors™ Energy Index (ticker BIGOIL), compounded daily and reduced by a 0.95% per annum Daily Investor Fee, potential negative Daily Interest (US Federal Funds Effective Rate minus an Interest Rate Spread initially 2.00%, adjustable up to 4.00%) and a 0.125% redemption fee. The notes do not pay interest, are unsecured obligations of Bank of Montreal, carry credit risk of the issuer, are intended as intraday trading tools (not buy-and-hold), and may lose all value if the Indicative Note Value reaches $0. Redemption, call and maturity payments are cash-settled and based on arithmetic means of Indicative Note Values over measurement periods.

Bank of Montreal offers Senior Medium‑Term Notes, Series K — market‑linked, auto‑callable securities tied to the lowest performing of the SPDR® Gold Trust (GLD), iShares® 7‑10 Year Treasury Bond ETF (IEF) and SPDR® S&P® Metals & Mining ETF (XME).

Each security has a $1,000 face amount, an estimated initial value of $970.70 (not less than $921.00 at pricing), and a contingent coupon rate set on the pricing date at no less than 9.75% per annum. Key dates include a pricing date of March 17, 2026, issue date of March 20, 2026, and stated maturity of March 22, 2029. Monthly calculation days begin April 2026; automatic call can occur if the lowest performing underlier on specified calculation days is at or above its starting value.

The securities pay contingent monthly coupons only if the lowest performing underlier closes at or above its coupon threshold (60% of starting value). At maturity, if the lowest performing underlier’s ending value is below its downside threshold (60% of starting value), the principal is reduced pro rata (full downside exposure up to total loss). The agent discount is $23.25 per security (proceeds to issuer $976.75).

Bank of Montreal is offering $5,995,000 in Senior Medium‑Term Notes, Series K — Digital Return Barrier Notes due April 12, 2027. The notes pay a Digital Return of 8.95% if the Final Level of the Least Performing Reference Asset (the lower of the S&P 500® and the Russell 2000®) is at least 65.00% of its Pricing Date level.

If the Least Performing Reference Asset falls more than 35.00% (below the Barrier Level), holders lose 1% of principal for each 1% decline and may lose up to 100% of principal at maturity. Payments are unsecured and subject to Bank of Montreal credit risk; the notes are non‑interest bearing, unlisted, issued in $1,000 denominations, and were priced to public at 100%.

Bank of Montreal priced US$625,000 Senior Medium-Term Notes, Series K — Autocallable Buffer Enhanced Return Notes linked to the least performing of the NASDAQ-100 and S&P 500.

The notes pay 110.00% upside exposure to the least performing index if not called, carry a 15.00% buffer (you keep principal only if the least performing index does not fall more than 15.00%), and may be automatically redeemed on March 11, 2027 if both indices close above their Call Level, delivering the principal plus a Call Amount (about 8.70% per annum). Maturity is March 10, 2031. The public offering price was 100% with an agent commission of 4.15%, estimated initial value was $939.10 per $1,000, and all payments are subject to Bank of Montreal credit risk.

Bank of Montreal priced US$115,000 Senior Medium-Term Notes, Series K via a Pricing Supplement dated March 05, 2026

The notes pay a fixed Digital Return of 11.60% at maturity on June 10, 2027 if the Final Level of the Least Performing Reference Asset (the lesser of the S&P 500® and the Russell 2000®) is at least 75.00% of its Pricing Date level. If the Least Performing Reference Asset falls below that 75.00% Barrier, investors lose 1% of principal for each 1% decline versus the Initial Level and may lose up to 100% of principal.

Notes are unsecured obligations of Bank of Montreal, subject to its credit risk, issued in minimum denominations of $1,000, not listed on any exchange, with an estimated initial value of $972.52 per $1,000.

Bank of Montreal prices US$2,327,000 Senior Medium‑Term Notes, Series K — callable barrier notes with memory coupons linked to the Least Performing of the Russell 2000® Index, the S&P 500® Equal Weight Index and shares of the iShares® Expanded Tech‑Software Sector ETF.

Pricing Date: March 05, 2026; Settlement Date: March 10, 2026; Valuation Date: March 06, 2028; Maturity Date: March 09, 2028. Contingent interest is 2.825% per quarter (approximately 11.30% per annum), with each contingent coupon equal to $28.25 per $1,000 principal if payable. Price to public is 100% and the estimated initial value was $980.26 per $1,000 on the Pricing Date.

Bank of Montreal priced US$14,659,000 Senior Medium‑Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons linked to the EURO STOXX 50®, Russell 2000® and the Dow Jones Industrial Average®.

Key terms: maturity March 11, 2030, contingent coupon 2.5375% per quarter (≈ 10.15% per annum) payable only if each reference asset meets its coupon barrier on observation dates; automatic redemption if all references are at or above their Call Levels on an Observation Date beginning December 08, 2026. Price to public was 100% of principal and the estimated initial value was $988.70 per $1,000.

Bank of Montreal priced a US$500,000 issuance of Senior Medium-Term Notes, Series K: Step Down Autocallable Barrier Notes linked to the least performing of the S&P 500® Equal Weight Index and shares of the iShares Expanded Tech-Software Sector ETF.

Key terms: Strike Date March 03, 2026, Pricing Date March 05, 2026, Settlement Date March 10, 2026, Valuation Date March 06, 2030, Maturity Date March 11, 2030. Notes pay specified Call Amounts on a series of Observation Dates beginning March 05, 2027, with Call Levels at 100.00% of initial levels; final protection (Trigger Level) is 70.00% of initial levels. If not called, holders receive principal unless a Trigger Event occurs, in which case payment equals $1,000 plus the Percentage Change of the least performing Reference Asset.

Bank of Montreal priced US$580,000 Senior Medium-Term Notes, Series K: Callable Barrier Notes with Contingent Coupons linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000. The notes pay a contingent coupon of 0.8583% per month (≈10.30% per annum) when each Reference Asset is at or above its Coupon Barrier (70% of the Initial Level), are callable by the issuer beginning on March 05, 2027, and mature on March 10, 2028. The cover shows an estimated initial value of $979.69 per $1,000 principal amount and a public offering price of 100% (agents’ commission 0.25%). Payments at maturity depend on the Final Level of the Least Performing Reference Asset and may result in loss of principal if a Trigger Event occurs.

Bank of Montreal priced Senior Medium-Term Notes, Series K, Redeemable Fixed Rate Notes due March 23, 2029. The Notes are issued at $1,000 per Note (original issue price) with a stated interest rate of 4.15% per annum, payable semi-annually beginning September 23, 2026. The Trade Date is March 19, 2026 and the Issue Date is March 23, 2026.

The Notes are redeemable at the issuer's option, in whole but not in part, on semi-annual Optional Redemption Dates commencing March 23, 2027. These Notes are bail-inable under the Canadian deposit insurance resolution regime (CDIC Act) and may be converted into common shares under subsection 39.2(2.3) of the CDIC Act. The underwriting discount is $10 per Note, leaving proceeds to the issuer of $990 per Note.

Bank of Montreal offers Senior Medium-Term Notes, Series K — Redeemable Fixed Rate Notes due March 12, 2029 with a stated interest rate of 4.30% per annum and a principal amount of $1,000 per Note. Interest is paid semi‑annually commencing September 12, 2026. The Notes are redeemable by Bank of Montreal on semi‑annual Optional Redemption Dates beginning March 12, 2027 at 100% of principal plus accrued interest. The original issue price is $1,000.00 per Note, underwriting discount $5.00, and proceeds to the issuer $995.00 per Note. The Notes will not be listed on any exchange and are bail‑inable under the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under subsection 39.2(2.3).

Bank of Montreal priced a structured, equity-linked note: an auto-callable, contingent-coupon security linked to the lowest performing of the Class A common stock of Alphabet Inc. (GOOGL) and the common stock of Marvell Technology, Inc. (MRVL). The securities have a $1,000 face amount, an original offering price of $1,000 per security and an estimated initial value of $962.35.

The contingent coupon rate is 19.10% per annum, paid monthly if the lowest performing underlier on a calculation day is at or above its coupon threshold (60% of starting value). The securities may be auto-called if the lowest performing underlier on a calculation day from September 2026 to February 2028 is at or above its starting value; stated maturity is March 9, 2028. If not called, maturity payment depends on the ending value of the lowest performing underlier and is subject to a downside threshold equal to 50% of the starting value. The securities are unsecured obligations of Bank of Montreal and are subject to its credit risk.

Bank of Montreal is offering non‑interest, principal‑at‑risk notes linked to the S&P 500® Index, with a trade date of March 5, 2026 and a stated maturity of June 17, 2027 (subject to postponement).

Per $1,000 principal, the notes pay: full principal if final index ≥ 87.50% of the initial level; a positive upside equal to 200% participation up to a $1,134.40 cap if the index rises; and a leveraged loss of approximately 1.1429% of principal for each 1% decline below 87.50%. The initial estimated value is $986.03 per $1,000; original issue price is $1,000.00. The notes are unsecured obligations of Bank of Montreal and carry issuer credit risk.

Bank of Montreal priced a preliminary offering of market-linked, auto-callable senior notes (face amount $1,000) linked to the lowest performing of the common stocks of General Electric, Intel and JPMorgan Chase. Pricing date was March 11, 2026, issue date March 16, 2026, and stated maturity March 16, 2028.

The notes pay monthly contingent coupons only if the lowest-performing underlier on each calculation day is at or above its coupon threshold; the contingent coupon rate will be set at pricing at no less than 17.70% per annum. The securities are auto-callable if the lowest-performing underlier meets its call threshold on certain monthly observation dates. At maturity, principal is preserved only if the lowest-performing underlier is at or above its downside threshold (set at 50% of its starting value); otherwise the maturity payment equals $1,000 times that underlier's performance factor.

Bank of Montreal is offering US$700,000 in Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons maturing March 09, 2028.

The notes pay a Contingent Coupon of 0.8958% per month (approximately 10.75% per annum) if each Reference Asset is at or above its Coupon Barrier (75% of initial) on Observation Dates. The notes reference the S&P 500®, NASDAQ-100® and Russell 2000®. An automatic redemption may occur beginning March 04, 2027 if all Reference Assets close at or above their Call Level (100% of initial) on an Observation Date. At maturity, if any Reference Asset’s Final Level is below its Trigger Level (70% of initial), the cash payment will be reduced based on the Percentage Change of the Least Performing Reference Asset. The estimated initial value on the Pricing Date was $985.01 per $1,000 principal amount.

Bank of Montreal is offering US$300,000 of Senior Medium‑Term Notes, Series K: autocallable barrier notes linked to the common stock of Kratos Defense & Security Solutions, Inc. (KTOS), maturing on March 09, 2028. The notes pay a monthly Coupon of 1.5208% (approximately 18.25% per annum) and are callable beginning on March 04, 2027 if the reference stock closes at or above its Call Level.

If not called, maturity payoff is cash only and depends on the Final Level relative to a Trigger Level set at $45.36 (50.00% of the Initial Level). An estimated initial value on the Pricing Date was $963.32 per $1,000 principal; the public offering price was 100% of principal with proceeds to the bank of approximately 99.625%.

Bank of Montreal priced $561,000 Senior Medium-Term Notes, Series K, an autocallable, memory-coupon structured note due March 09, 2028. The notes pay contingent quarterly coupons at a 3.1325% rate (approximately 12.53% per annum) if each reference asset meets its coupon barrier on observation dates.

The notes are linked to the least performing of the S&P 500® (SPX), Russell 2000® (RTY) and the State Street SPDR S&P Oil & Gas E&P ETF (XOP). Coupon and trigger levels are set at 70.00% of each Initial Level. Automatic redemption occurs if on any observation date each asset is at or above 100.00% of its Initial Level. Estimated initial value was $966.32 per $1,000 principal on the pricing date.

Bank of Montreal priced US$1,987,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®, due March 09, 2029. The notes pay a contingent coupon of 0.9833% per month (approximately 11.80% per annum) if each reference asset closes on a Coupon Observation Date at or above its Coupon Barrier Level, and include an automatic redemption feature on specified Call Observation Dates.

The payment at maturity, if not auto‑redeemed, depends on the Percentage Change of the Least Performing Reference Asset; if a Trigger Event occurs the maturity payout equals $1,000 + [$1,000 x Percentage Change of the Least Performing Reference Asset]. The pricing supplement states an estimated initial value of $983.29 per $1,000 principal amount on the Pricing Date (March 04, 2026).

Bank of Montreal priced US$882,000 Senior Medium‑Term Notes, Series K — callable Barrier Notes linked to the least performing of the S&P 500®, Russell 2000® and the Dow Jones Industrial Average®. The notes pay contingent quarterly coupons of 2.5875% per quarter (≈10.35% per annum) if each reference asset on an observation date is ≥ its coupon barrier, have an issuer call beginning September 8, 2026, and mature on March 11, 2030. The pricing supplement states an estimated initial value of $984.43 per $1,000 principal on the pricing date and explains final principal at maturity depends on the performance of the least performing reference asset, with defined coupon barrier (75%) and trigger level (65%) thresholds.

Bank of Montreal issues US$3,309,000 Senior Medium-Term Notes, Series K (Buffer Notes) due March 09, 2029. The notes provide 85.00% upside participation on any appreciation of the State Street SPDR S&P 500 ETF Trust (SPY) and a 20.00% principal buffer against declines; losses beyond the buffer reduce principal dollar-for-dollar, up to an 80.00% loss. The notes are unsubordinated, non‑interest bearing, payable in cash only, subject to Bank of Montreal credit risk, issued in minimum denominations of $1,000, and were sold at a total public offering price of $3,309,000.

Bank of Montreal is offering US$831,000 Senior Medium-Term Notes, Series K Buffer Notes due March 09, 2029, linked to the shares of the SPDR® Gold Trust ("GLD"). The notes provide 82.00% upside participation on appreciation and include a 10.00% downside buffer: investors receive full principal at maturity if GLD does not fall more than 10.00% from the Initial Level ($468.14 on March 03, 2026), but lose 1 of principal for each 1 decline beyond the buffer, up to a 90.00% principal loss. The notes pay no interest, are unsecured obligations subject to Bank of Montreal credit risk, issued in minimum denominations of $1,000, and were priced to the public at 100% with an estimated initial value of $981.62 per $1,000.

Bank of Montreal priced US$536,000 Senior Medium‑Term Notes, Series K, an Autocallable Barrier Note with Memory Coupons linked to the least performing of the common stock of Tesla, Inc. and NVIDIA Corporation.

Key terms: Pricing Date March 04, 2026, Settlement Date March 09, 2026, Valuation Date March 06, 2028, Maturity Date March 09, 2028. Contingent Coupon equals 2.0667% per month (approximately 24.80% per annum) or $20.667 per $1,000 when payable; Memory Coupon feature permits payment of previously unpaid coupons if future observation conditions are met. Automatic redemption may occur beginning on June 04, 2026 if each reference asset equals or exceeds its Call Level (100% of initial level) on an Observation Date. At maturity, if a Trigger Event occurred (final level of any Reference Asset below its Trigger Level of 55.00% of initial), the cash payment equals $1,000 plus the percentage change of the least performing asset, which can be less than principal. The estimated initial value on the Pricing Date was $979.68 per $1,000 in principal amount.

Bank of Montreal prices US$2,317,000 Series K senior medium-term notes — Autocallable Barrier Notes with Memory Coupons linked to the least performing of the common stock of Tesla, Inc. and NVIDIA Corporation. The notes were priced on March 04, 2026, settle on March 09, 2026 and mature on March 09, 2028. They pay a contingent monthly coupon of 1.8167% (about 21.80% per annum) when each reference asset closes at or above its coupon barrier, feature a Memory Coupon to catch up unpaid coupons, and can be automatically redeemed beginning on June 04, 2026 if both reference assets close at or above their Call Level. At maturity investors receive principal unless a Trigger Event occurs (Final Level below 55% of Initial Level for the least performing asset), in which case the cash payment equals $1,000 plus the percentage change of the least performing asset, which may be less than the principal. The pricing supplement states an estimated initial value of $962.78 per $1,000 principal amount.

Bank of Montreal is offering market-linked, auto-callable senior medium-term notes due March 16, 2027 linked to the lowest performing share of GE, INTC and JPM. The original offering price is $1,000 with an estimated initial value of $979 (not less than $929). The securities pay monthly contingent coupons at a rate set on pricing date, with a minimum contingent coupon rate of 16.50% per annum, are subject to automatic call if the lowest performing Underlier meets its call threshold on scheduled calculation days, and provide a downside threshold of 50% of starting value at maturity. Agent discount is $15.75 per security and proceeds to the issuer are $984.25 per security. Payments are unsecured obligations of Bank of Montreal and subject to issuer credit risk.

Bank of Montreal is offering principal-protected-style contingent notes linked to the S&P 500® Index under a preliminary pricing supplement, subject to completion. Each note has a $1,000 principal amount and a threshold level equal to 85.00% of the initial underlier level; if the final level is at or above that threshold you would receive a preset threshold settlement amount expected to be between $1,155.80 and $1,183.20 per $1,000. If the final level is below the threshold you lose approximately 1.1765% of principal for every 1% the final level is below the threshold, so you could lose some or all principal. The notes do not pay interest, are expected to mature roughly 25–28 months after the trade date, will not be listed on an exchange, have an estimated initial value of $969.00–$999.00 per $1,000, and are unsecured obligations subject to Bank of Montreal credit risk.

Bank of Montreal priced Senior Medium-Term Notes, Series K — redeemable fixed-rate notes with a $1,000 principal per note and a 4.50% annual interest rate. The Notes have an Issue Date of March 18, 2026 and a stated maturity of March 18, 2031.

The Notes pay interest semi‑annually on each March 18 and September 18, are redeemable in whole on semi‑annual Optional Redemption Dates beginning March 18, 2027, and will not be listed on any exchange. The original issue price is $1,000.00 per Note with an underwriting discount of $15.00, leaving proceeds to Bank of Montreal of $985.00 per Note. The Notes are bail-inable and subject to conversion under subsection 39.2(2.3) of the CDIC Act into common shares of Bank of Montreal or an affiliate.

Bank of Montreal is offering additional notes under Amendment No. 13 dated March 4, 2026, adding $500,080,000 aggregate principal amount of its Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs due June 28, 2041. After issuance, the tranche is expected to have $1,250,000,000 aggregate principal outstanding as of March 5, 2026.

Each note has a principal amount of $2,500 after reverse splits. The notes provide a daily-resetting -3x inverse exposure to the Solactive Oil & Gas Exploration & Production Index, carry a 0.95% per annum Daily Investor Fee, may be subject to negative Daily Interest (US Federal Funds Effective Rate minus an Interest Rate Spread up to 4.00%), and a 0.125% Redemption Fee Amount on elective redemptions. The notes are unsecured obligations of Bank of Montreal and are intended as short‑term, daily trading tools rather than buy‑and‑hold investments.

Bank of Montreal is offering Accelerated Return Notes linked to the Energy Select Sector SPDR Fund (ticker XLE) with a $10 principal per unit and an approximate 14‑month term maturing in May, 2027. The notes provide a leveraged upside with a Participation Rate of 300% up to a Capped Value in the range of $12.25 to $12.65 per unit (actual cap set on the pricing date). The initial estimated value is expected to be between $9.00 and $9.41 per unit; the public offering price is $10.00 per unit, less an underwriting discount of $0.175 and a hedging related charge of about $0.05 per unit. Payments at maturity depend on the Starting and Ending Values of the Underlying Fund; investors bear BMO credit risk and may lose some or all principal if the Ending Value is below the Starting Value.

Bank of Montreal is offering US$5,796,000 of Senior Medium‑Term Notes, Series K: Autocallable Barrier Notes with Contingent Coupons linked to the least performing of the S&P 500®, NASDAQ‑100® and Russell 2000®. The notes were priced on March 03, 2026, settle on March 06, 2026, carry a Contingent Interest Rate of 0.975% per month (approximately 11.70% per annum) and mature on February 07, 2028.

The notes are autocallable beginning on June 03, 2026 if each Reference Asset closes at or above its Call Level (100% of Initial Level) on an Observation Date. If not called, payment at maturity depends on the Least Performing Reference Asset: investors receive $1,000 per $1,000 unless a Trigger Event (Final Level below 70.00% of Initial Level) occurs, in which case the maturity payment equals $1,000 plus the percentage change of the Least Performing Reference Asset, which may be less than principal and could be zero. The estimated initial value was $986.42 per $1,000.

Bank of Montreal is offering $4,238,000 of Senior Medium-Term Notes, Series K — Digital Return Barrier Notes due April 06, 2027 linked to the least performing of the S&P 500® and the Dow Jones Industrial Average®. If the Least Performing Reference Asset's Final Level is ≥ 71.00% of its Pricing Date level, holders receive the 8.08% Digital Return; if that asset falls below the 71.00% Barrier, holders lose 1% of principal for each 1% decline and may lose up to 100% of principal at maturity.

The notes pay no interest, are unsecured obligations of Bank of Montreal, have an estimated initial value of $987.11 per $1,000 principal, will not be listed, and are subject to issuer credit risk and distribution conflicts identified in the supplement.

Bank of Montreal priced US$860,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the common stock of Tesla, Inc. (TSLA). The notes pay contingent quarterly coupons of 3.75% per quarter (approximately 15.00% per annum) if the Reference Asset closes at or above the Coupon Barrier on observation dates and are callable beginning September 03, 2026.

If not called, maturity is September 08, 2028; the Coupon Barrier and Trigger Level are set at $204.06 (52.00% of the Initial Level) and the Call Level is 100% of the Initial Level. At maturity, if the Final Level is below the Trigger Level, payment may be physical delivery of shares or a cash amount based on the Final Level.

Bank of Montreal is offering principal-protected contingent notes linked to the MSCI EAFE Index with a $1,000 principal amount per note and aggregate original issue proceeds of $541,000. The notes trade on March 3, 2026, have an original issue date of March 6, 2026, and a stated maturity date of March 3, 2028 (subject to postponement).

Payment at maturity depends on the index level on the determination date: if the final underlier level is at least 87.50% of the initial level you receive a fixed $1,154.90 per $1,000; if below that threshold you incur losses at a rate of approximately 1.1429% of principal for each 1% the final level is below the threshold. The issuer’s estimated initial value per note was $981.93.

Bank of Montreal is offering equity-linked notes tied to the MSCI EAFE Index with a $1,000 principal amount per note and aggregate original issue amount of $2,544,000. The notes mature on January 14, 2028 (stated maturity, subject to postponement).

Payments at maturity depend on the index performance from the trade date March 3, 2026 to the determination date January 12, 2028. The notes feature a 160% upside participation rate, a cap producing a maximum settlement of $1,247.68 per note, and an 85.00% buffer level (losses occur if final level falls below this buffer). The notes do not pay interest and are unsecured obligations of Bank of Montreal; they are not listed for trading and carry issuer credit risk.

Bank of Montreal is offering Senior Medium-Term Notes, Series K, Redeemable Fixed Rate Notes due March 17, 2031. The Notes pay interest at 4.30% per annum, payable semi‑annually beginning September 17, 2026, with an Issue Date of March 17, 2026.

The Notes are redeemable at the issuer's option on semi‑annual Optional Redemption Dates beginning March 17, 2027, in whole but not in part, at 100% of principal plus accrued interest. The original issue price is $1,000.00 per Note, with an underwriting discount of $15.00 and proceeds to the issuer of $985.00 per Note. 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.

Bank of Montreal priced a US$13,000,000 issue of Senior Medium‑Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due December 03, 2026, linked to the least performing of the NASDAQ‑100 (NDX), the Russell 2000 (RTY) and the iShares MSCI EAFE ETF (EFA). The notes pay contingent quarterly coupons of 2.60% per quarter (approximately 10.40% per annum) if each reference asset on an Observation Date is at or above its Coupon Barrier (70% of its Initial Level).

If not called, maturity payoff is $1,000 per $1,000 principal unless a Trigger Event occurs: holders then receive $1,000 plus $1,000 times the Percentage Change of the least performing reference asset (which may be less than principal or zero). The issuer may call the notes on any Observation Date beginning November 28, 2025, with payment of principal plus any contingent coupon payable on the Call Settlement Date.

Bank of Montreal offers Senior Medium-Term Notes, Series K Redeemable Fixed Rate Notes due March 18, 2033 with a stated interest rate of 4.55% per annum and $1,000 principal per Note. The notes pay interest semi‑annually on March 18 and September 18, commencing September 18, 2026.

The Notes are redeemable in whole (but not in part) on semi‑annual Optional Redemption Dates from September 18, 2027 through September 18, 2032 at 100% of principal plus accrued interest. The offering price is $1,000.00 per Note, the underwriting discount is $15.00 per Note, and proceeds to Bank of Montreal are $985.00 per Note. The Notes are unsecured, not listed, and are bail‑inable under the CDIC Act, permitting conversion into common shares under specified Canadian resolution powers.

Bank of Montreal priced US$655,000 Senior Medium-Term Notes, Series K: Digital Return Barrier Notes due April 05, 2027. The notes offer a 9.20% digital return if the Least Performing Reference Asset (S&P 500, NASDAQ-100 or Russell 2000) finishes at or above 65.00% of its Pricing Date level. If the Least Performing Reference Asset falls more than 35.00% from its Initial Level, investors lose 1% of principal per 1% decline, potentially losing up to 100% of principal at maturity.

Key dates: Pricing Date February 27, 2026, Settlement March 04, 2026, Valuation Date March 31, 2027, Maturity April 05, 2027. Price to public was 100% and estimated initial value was $982.99 per $1,000 principal. All payments are subject to Bank of Montreal credit risk; notes are unsecured and unlisted.

Bank of Montreal is issuing US$1,521,000 of Senior Medium‑Term Notes, Series K — Capped Barrier Enhanced Return Notes due April 20, 2027 — linked to the Russell 2000® Index. The notes offer 200.00% upside leverage on any index appreciation, capped at a $1,170.00 Maximum Redemption Amount per $1,000 principal.

If the index falls below the Barrier Level of 85.00% of the Initial Level (Initial Level: 2,632.361; Barrier Level: 2,237.507), investors lose 1.00% of principal for each 1.00% decline below the Initial Level and may lose up to 100.00% of principal. Price to public was 100% with an agent commission of 2.00%, proceeds to Bank of Montreal of 98.00%, and an estimated initial value of $970.87 per $1,000.

Bank of Montreal priced US$1,380,000 Senior Medium‑Term Notes, Series K, a structured note maturing on June 04, 2027 linked to the least performing of the S&P 500® and Russell 2000® indices. The notes offer a 12.72% digital return if the Least Performing Reference Asset’s Final Level is at least 75.00% of its Pricing Date level; if that asset falls below 75.00%, investors incur losses equal to the percentage decline, potentially losing up to 100.00% of principal.

Bank of Montreal priced a US$460,000 aggregate offering of Senior Medium-Term Market Linked Notes, Series K, due September 04, 2030, linked to the S&P 500® Index. The notes pay no interest and return at maturity is 1-to-1 on any index appreciation up to a $1,370.00 payment per $1,000 principal (a 37.00% Maximum Return).

The notes have a 100.00% Upside Leverage Factor, an Initial Level of 6,878.88 (pricing date closing level), a Pricing Date of February 27, 2026, Settlement Date March 04, 2026, Valuation Date August 29, 2030, and Maturity Date September 04, 2030. If the Final Level is less than or equal to the Initial Level, investors receive the principal of $1,000 per note. All payments are subject to the credit risk of Bank of Montreal.

Bank of Montreal prices US$1,324,000 Senior Medium‑Term Notes, Series K — Digital Return Barrier Notes due March 04, 2030 linked to the least performing of the S&P 500® and Russell 2000® indices.

The notes pay a Digital Return of 44.00% if the Least Performing Reference Asset’s Final Level is at or above its Digital Barrier Level (set at 100.00% of the Initial Level). If the Least Performing Reference Asset rises by more than the Digital Return, investors receive a one‑to‑one positive return. If the Final Level falls below the Barrier Level (set at 75.00% of Initial Level), investors incur a loss equal to the Percentage Change of the Least Performing Reference Asset and may lose up to 100% of principal.

Pricing Date was February 27, 2026, Settlement Date March 04, 2026, and the issuer’s estimated initial value was $971.72 per $1,000 principal amount.