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

Bank of Montreal (issuer) priced $6,442,000 of Senior Medium-Term Notes, Series K, redeemable fixed-rate notes due April 20, 2033. The Notes pay 4.95% per annum semi‑annually and were issued at $1,000.00 per Note on April 20, 2026. The bank may redeem the Notes in whole (but not in part) on semi‑annual Optional Redemption Dates at 100% of principal plus accrued interest, beginning October 20, 2027. The Notes are unsecured, not listed, carry a $7.00 underwriting discount per Note, and are bail‑inable under the Canadian CDIC Act, permitting conversion to common shares under specified statutory powers.

Bank of Montreal priced US$808,000 of Senior Medium-Term Notes, Series K Capped Buffer Notes due April 17, 2029, linked to the S&P 500® Index. The notes pay up to a Maximum Redemption Amount of $1,430.00 per $1,000 (a 43.00% cap). The structure provides 1:1 upside participation subject to that cap, a 20.00% downside buffer (Buffer Level 5,573.90, Initial Level 6,967.38), and losses beyond the buffer equal to the index decline, meaning investors may lose up to 80.00% of principal. The notes were sold at 100% of principal, with an agent commission of 0.25% and proceeds to the Bank of Montreal of $805,980.00. Initial estimated value per $1,000 was $988.99. All payments are unsecured obligations of the Bank and subject to its credit risk; BMOCM is the selling agent and calculation agent.

Bank of Montreal priced US$500,000 Senior Medium-Term Notes, Series K — Step Down Autocallable Barrier Notes linked to the least performing of the EURO STOXX 50®, Russell 2000® and S&P 500® Equal Weight indices. The notes were priced on April 14, 2026, settle on April 17, 2026, and mature on April 17, 2030.

The notes pay specified Call Amounts on a series of Observation Dates beginning April 14, 2027; if on any Observation Date each Reference Asset is ≥ its Call Level (100% of Initial Level), the notes auto‑redeem for principal plus the Call Amount. If not called, maturity payoff equals $1,000 plus the Percentage Change of the Least Performing Reference Asset, subject to a Trigger Level of 70% of Initial Level; the issuer estimated an initial value of $953.99 per $1,000 on the Pricing Date.

Bank of Montreal priced US$1,000,000 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. Pricing Date: April 14, 2026; Settlement Date: April 17, 2026; Maturity Date: April 17, 2031.

The notes pay a contingent monthly coupon of 0.8833% per month (approximately 10.60% per annum) when each reference asset closes at or above its 80% Coupon Barrier on an Observation Date. Beginning October 14, 2026, the notes are callable if each reference asset is at or above its Call Level (100% of Initial Level). At maturity, if not called, principal is returned in full unless a Trigger Event occurs (any Final Level below 70% of initial), in which case investors receive $1,000 × (1 + Percentage Change of the Least Performing Reference Asset). The estimated initial value was $988.02 per $1,000. Public offering price was 100% with an agent commission of 0.75% and proceeds to the issuer of 99.25%.

Bank of Montreal priced US$1,985,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to Broadcom Inc. (AVGO). The notes price at 100% of principal; estimated initial value is $971.06 per $1,000. Coupons pay 3.75% per quarter (~15.00% per annum) when the Reference Asset closes at or above the Coupon Barrier of $213.24 (56.00% of initial). Beginning October 14, 2026 the notes may autocall if the Reference Asset closes above the Call Level (100% of initial) on an Observation Date. At maturity (April 20, 2028), if a Trigger Event occurs (Final Level below $213.24), investors may receive physical delivery of AVGO shares or cash tied to the Final Level; otherwise principal is repaid. Public offering price and selling concession details, tax treatment, and risk disclosures are included in the supplement.

Bank of Montreal offers US$3,590,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Analog Devices, Inc. common stock. The notes have an Initial Level of $348.60, a monthly Contingent Interest Rate of 1.1058% (approximately 13.27% per annum), and a Coupon Barrier/Trigger Level of $237.05 (68.00% of the Initial Level). If not autocalled, maturity payoff depends on the Final Level on the Valuation Date; a Trigger Event occurs if the Final Level is below the Trigger Level and can reduce principal at maturity. The notes settle on April 17, 2026 and mature on May 17, 2027.

Bank of Montreal is offering structured, non‑interest bearing principal‑at‑risk notes linked to the S&P 500® Index. Each note has a $1,000 principal amount and an upside participation rate of 140% with a capped payout (maximum settlement amount expected between $1,236.18 and $1,277.76 per note). A 15.00% buffer protects the principal for declines up to that amount; losses accrue beyond the buffer at approximately 1.1765% of principal for each 1% decline below the buffer.

The determination date and stated maturity will be set on the trade date and are expected to fall within a 24–27 month measurement period; exact initial and final index levels, the cap level and the stated maturity will be set on the trade date. Notes are unsecured obligations of Bank of Montreal, not FDIC/CDIC insured, not exchange‑listed and intended to be held to maturity.

Bank of Montreal is offering principal-protected-style structured notes linked to the MSCI EAFE Index with $1,000 principal per note and total original issue amount of $6,034,000. The notes pay no interest and mature on February 11, 2028 (subject to postponement). If the final index level on the determination date is ≥87.50% of the initial level (initial level 3,085.08, threshold 2,699.445), each $1,000 note will pay the threshold settlement amount of $1,169.20. If the final level is below the threshold, investors lose approximately 1.1429% of principal for each 1% decline below the threshold and could lose some or all principal. The issuer’s estimated initial value was $994.43 per $1,000 note, which is less than the original issue price; all payments are subject to Bank of Montreal credit risk. The notes are unsecured, not FDIC/Canadian-insured, and are not listed; holders should expect limited secondary market liquidity.

Bank of Montreal is issuing US$5,000,000 of Senior Medium-Term Market-Linked Notes, Series K, linked to the Dow Jones Industrial Average®. The notes pay at maturity based on an averaged Initial Level (Apr 10–Jun 17, 2026) and averaged Final Level (Dec 10, 2030–Mar 12, 2031). The payment is capped at a Maximum Redemption Amount of $1,716.60 per $1,000 (a 71.66% maximum return). The notes do not bear interest, are unsecured senior obligations of Bank of Montreal, are subject to issuer credit risk, will not be listed, and have an estimated initial value of $983.13 per $1,000 on the Pricing Date.

Bank of Montreal is offering US$787,000 aggregate principal of Senior Medium‑Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due April 18, 2030. The notes pay a Contingent Coupon of 2.8375% per quarter (approximately 11.35% per annum) when each reference asset closes at or above its Coupon Barrier on observation dates. Reference Assets are the iShares Russell 2000 ETF (IWM), the EURO STOXX 50 Index (SX5E) and the NASDAQ‑100 Index (NDX). Each reference asset has a Coupon Barrier and Trigger Level equal to 65.00% of its Initial Level. If, on the Valuation Date, the Final Level of any Reference Asset is below its Trigger Level, a Trigger Event occurs and the maturity payoff is reduced based on the Percentage Change of the Least Performing Reference Asset. The estimated initial value on the Pricing Date was $988.35 per $1,000 principal. The notes are unsecured senior obligations of the Bank and are not FDIC‑insured; tax treatment and other risks are disclosed in the accompanying product supplement and prospectus.

Bank of Montreal (BMO) priced US$750,000 of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons linked to the least performing of the State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and the State Street SPDR S&P Regional Banking ETF (KRE). The notes pay a Contingent Interest Rate of 3.875% per quarter (approximately 15.50% per annum) when each Reference Asset is at or above its Coupon Barrier on Observation Dates, begin on July 16, 2026, and mature on April 16, 2029. The notes are subject to automatic redemption if, on an Observation Date beginning July 13, 2026, each Reference Asset is at or above its Call Level (100% of Initial Level). At maturity, if not called and if the Final Level of the least performing Reference Asset is below its Trigger Level (70% of Initial Level), holders receive a cash amount equal to $1,000 × Percentage Change of the Least Performing Reference Asset plus $1,000, which may be less than principal and could be zero. Initial Levels: XOP $168.46, KRE $68.94; Coupon/Trigger Levels: XOP $117.92, KRE $48.26 (each 70% of Initial Level). The estimated initial value was $970.05 per $1,000 principal. The notes are unsecured obligations of BMO, to be paid in cash only.

Bank of Montreal (issuer) is offering $800,000 in Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the common stock of Axon Enterprise, Inc. (AXON). The Pricing Date was April 13, 2026, settlement on April 16, 2026, and maturity on October 18, 2027.

The notes pay contingent quarterly coupons of 5.70% per quarter (~22.80% per annum) when the Reference Asset’s closing level on an Observation Date is at or above the Coupon Barrier Level of $179.82 (50.00% of the Initial Level $359.63). Notes auto‑redeem if the Reference Asset on an Observation Date is at or above the Call Level (100% of the Initial Level). At maturity, if the Final Level is below the Trigger Level ($179.82), principal is reduced pro rata: payment = $1,000 + ($1,000 × Percentage Change).

Bank of Montreal priced US$1,440,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes linked to American Express common shares (AXP). The notes pay a contingent quarterly coupon of 3.25% (≈13.00% per annum) if the reference share closes at or above a coupon barrier of $226.67 (70.00% of the Initial Level). The Initial Level is $323.82. The notes mature on April 19, 2028, are callable by the issuer on observation dates beginning October 13, 2026, and pay cash at maturity based on percentage change in the Reference Asset; a Trigger Event occurs if the Final Level is below $226.67.

The offering price was 100% (public price range for some accounts was between $981.50 and $1,000 per $1,000); the estimated initial value was $971.67 per $1,000. The notes are unsecured obligations of the Bank and will pay cash only; physical delivery of shares is not available.

Bank of Montreal (issuer) is offering US$3,562,000 in Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to the least performing of the NASDAQ‑100 Index (NDX) and the S&P 500 Equal Weight Index (SPW). The notes price on April 13, 2026, settle on April 16, 2026, and mature on April 16, 2029. They pay a contingent quarterly coupon of 2.6875% (≈10.75% per annum) when each reference asset is at or above its coupon barrier on observation dates. The notes are autocallable beginning on April 13, 2027 if both indices are at or above 100% of their initial levels; automatic redemption returns principal plus the contingent coupon then due. At maturity, if not called, holders receive $1,000 per $1,000 principal unless a Trigger Event occurs — if the least performing reference asset finishes below its trigger level (65% of initial), final payment declines pro rata and may be zero. The pricing supplement discloses an estimated initial value of $997.12 per $1,000 principal on the pricing date and identifies sale, tax, liquidity, sponsor‑licensing, and product‑structure risks.

Bank of Montreal (BMO) is offering Capped Leveraged Index Return Notes linked to a basket of fifteen financial-sector equities, with a scheduled approximately two-year term maturing in April, 2028. The notes have a $10 principal per unit, a Participation Rate of 150%, and a Capped Value to be set on the pricing date (illustrative range: $14.50–$15.50 per unit). The initial estimated value is expected between $9.00 and $9.40 per unit; public offering price is $10.00 per unit. Redemption at maturity depends on the Basket’s Ending Value versus a Starting Value of 100.00; if Ending Value>Starting Value, investors receive leveraged upside up to the cap; if Ending Value≤Starting Value, principal can be partially or fully lost. Payments are unsecured and subject to BMO credit risk.

Bank of Montreal is offering market-linked, auto-callable senior medium-term notes linked to the lowest-performing share of Datadog (DDOG), Palantir (PLTR) and Tesla (TSLA). The securities have an original offering price of $1,000 per security and a contingent coupon rate that will be at least 25.60% per annum. The pricing date is April 17, 2026 and the issue date is April 22, 2026, with a stated maturity of April 20, 2029. On each monthly calculation day the lowest-performing Underlier determines contingent coupon eligibility and automatic call treatment. The initial estimated value per security is $952.60 (not less than $920.00), and proceeds to Bank of Montreal per security equal $976.75 after distribution fees. If the lowest-performing Underlier’s ending value on the final calculation day is below 50% of its starting value, the maturity payment is reduced pro rata, and you may lose a substantial portion, or all, of the face amount. The securities are unsecured obligations of Bank of Montreal and subject to its credit risk.

Bank of Montreal is offering linked notes due October 14, 2027 that pay a cash settlement based on the performance of an unequally weighted basket (EURO STOXX 50 40%, TOPIX 25%, FTSE 100 17%, SMI 11%, S&P/ASX 200 7%). For each $1,000 principal, the notes return 200% of the basket return up to a cap level of 115.78%, producing a maximum settlement amount of $1,315.60. If the final basket level is below the initial level (100), investors lose 1% of principal for each 1% decline; principal can be fully lost. Trade date: April 10, 2026; original issue date: April 15, 2026. The issuer’s initial estimated value was $973.14 per $1,000 note; original issue price is $1,000.00 per note. The notes are unsecured obligations of Bank of Montreal and are not listed for trading; secondary-market liquidity is limited.

Bank of Montreal is offering market-linked, auto-callable notes due April 26, 2029 linked to the lowest performing of the Class A common stock of META, NVDA and ORCL. The securities pay monthly contingent coupons with a memory feature and expose principal to downside risk if the lowest performing Underlier closes below its 50% downside threshold on the final calculation day. On the preliminary pricing supplement the estimated initial value was $968.90 per security and the issuer disclosed the estimated initial value at pricing will not be less than $919.00 per security. The contingent coupon rate will be determined on the pricing date and will be at least 18.63% per annum. The original offering price and face amount are $1,000 per security. Pricing and issue dates shown are April 21, 2026 (pricing) and April 24, 2026 (issue); payments are subject to postponement for market disruption events and all payments are unsecured obligations of Bank of Montreal.

Bank of Montreal is offering US$2,685,000 of Senior Medium‑Term Notes, Series K — Digital Return Barrier Notes due May 17, 2027 linked to the least performing of the S&P 500® and Russell 2000®. The notes pay a 13.22% digital return at maturity if the least performing index’s Final Level is at least 75.00% of its April 10, 2026 Pricing Date level. If the least performing index falls more than 25.00%, investors lose 1% of principal for each 1% decline, potentially losing up to all principal. Payments are unsecured and subject to Bank of Montreal credit risk.

Bank of Montreal is pricing US$1,431,000 of Senior Medium-Term Notes, Series K — Barrier Enhanced Return Notes due April 15, 2031, linked to the S&P 500® Futures Excess Return Index. The notes provide 215.50% upside leverage on positive performance but include a 75.00% barrier: if the Reference Asset falls below the barrier, investors lose 1% of principal for each 1% decline, potentially up to a 100% loss at maturity. The notes pay no interest, are unsecured obligations of the Bank, will not be listed, and carry credit risk of Bank of Montreal. The public offering price equals 100% ($1,000 per note), the estimated initial value was $967.56 per $1,000, and the agent’s commission shown is 0.625%.

Bank of Montreal priced US$2,080,000 Senior Medium‑Term Notes, Series K — Buffer Enhanced Return Notes due April 15, 2031, linked to the S&P 500® Index. The notes pay no interest and offer a 106.75% upside leverage on any appreciation of the index; investors keep principal if the index decline is no greater than 15.00% (the Buffer Percentage). If the index falls more than 15.00%, holders lose 1% of principal for each 1% decline beyond that threshold and could lose up to 85.00% of principal at maturity.

The offering price was 100% of principal ($2,080,000 total), with an agent commission of 0.75% and proceeds to BMO of 99.25%. The Pricing Date was April 10, 2026, Settlement Date April 15, 2026, Valuation Date April 09, 2031, and Maturity Date April 15, 2031. Initial Level was 6,816.89; Buffer Level is 5,794.36. All payments are subject to the credit risk of Bank of Montreal.

Bank of Montreal priced US$250,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Seagate Technology ordinary shares. The notes pay a Contingent Coupon of 8.425% per quarter (approximately 33.70% per annum) when the Reference Asset meets the Coupon Barrier on observation dates and mature on April 16, 2029 unless automatically redeemed. The notes reference an Initial Level of $503.13, a Coupon/Trigger Level of $301.88 (60.00% of Initial Level), and an automatic call feature if the Reference Asset equals or exceeds the Call Level on an Observation Date. If not called and the Final Level is below the Trigger Level on the Valuation Date, the maturity payment will reflect the percentage change in the Reference Asset and may be less than principal. The estimated initial value was $957.98 per $1,000 principal amount and settlement is expected on April 15, 2026.

Bank of Montreal priced US$650,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Micron Technology common stock. The notes priced April 10, 2026, settle April 15, 2026 and mature April 16, 2029. Each $1,000 note pays a Contingent Coupon of 7.6875% per quarter (≈30.75% per annum) when the Reference Asset meets the coupon barrier on observation dates.

The notes carry an Initial Level of $420.59, a Coupon Barrier and Trigger Level of $252.35 (60.00% of Initial Level), and an automatic redemption if the Reference Asset equals or exceeds the Call Level (100% of Initial Level) on an Observation Date. If a Trigger Event occurs (Final Level below Trigger Level), maturity payment may be reduced proportionally; the estimated initial value was $958.04 per $1,000.

Bank of Montreal priced US$250,000 Series K Autocallable Barrier Notes linked to Western Digital Corporation (WDC). The notes were priced April 10, 2026 with settlement April 15, 2026 and mature April 16, 2029. They pay a Contingent Interest Rate of 9.1875% per quarter (approximately 36.75% per annum) when the Reference Asset meets the Coupon Barrier on Observation Dates. The notes are automatically redeemable if the Reference Asset closes at or above the Call Level (100% of the Initial Level) on an Observation Date; otherwise the maturity payment depends on the Final Level and may be less than principal if a Trigger Event (Final Level below 60.00% of Initial Level) occurs. The Pricing Date estimated initial value was $948.45 per $1,000 in principal amount. The public offering price was 100% of principal; agent’s commission was 2.00% ($5,000) and proceeds to Bank of Montreal were 98.00% ($245,000).

Bank of Montreal priced a US$346,000 offering of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Step Up Call Amounts due October 15, 2027, linked to the least performing of the NASDAQ-100 (NDX), the Russell 2000 (RTY) and the State Street SPDR S&P Regional Banking ETF (KRE).

The notes pay periodic automatic-call amounts (representing ~9.50% per annum on the stated schedule) if, on an Observation Date, each Reference Asset is at or above its Call Level; otherwise final payment at maturity depends on the Least Performing Reference Asset and may return less than principal if a Trigger Event occurs.

Bank of Montreal priced US$284,000 Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to the common stock of Walmart Inc. The notes were priced on April 10, 2026, settle on April 15, 2026 and mature on May 17, 2027. The notes pay a Contingent Coupon of 0.975% per month (~11.70% per annum) when the Reference Asset closes at or above the Coupon Barrier Level of $93.81 on each Observation Date. The notes become automatically redeemable beginning on October 14, 2026 if the Reference Asset closes at or above the Call Level (100% of the Initial Level). At maturity, if the Final Level is below the Trigger Level ($93.81, 74.00% of the Initial Level), investors receive a cash payment equal to $1,000 plus $1,000 times the Percentage Change in the Reference Asset, which can be less than principal and may be zero. The pricing supplement shows an estimated initial value of $986.44 per $1,000 and a public offering price near par.

Bank of Montreal priced a US$1,188,000 offering of 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.

Pricing Date: April 10, 2026; Settlement: April 15, 2026; Valuation Date: July 12, 2027; Maturity: July 15, 2027. Contingent coupon equals 1.125% per month (approximately 13.50% per annum) if each reference asset is at or above a 70% coupon barrier on an Observation Date. Trigger level equals 65% of initial levels; a Trigger Event may reduce principal at maturity based on the Percentage Change of the least performing index. Estimated initial value was $993.43 per $1,000 principal.

Bank of Montreal priced US$622,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes linked to the common stock of Walmart Inc. The notes pay contingent monthly coupons of 0.75% (≈9.00% per annum) if the Reference Asset closes at or above the coupon barrier on each Observation Date, begin May 17, 2026, and mature May 17, 2027. Initial reference level: $126.77 (WMT). Coupon Barrier and Trigger Level: $93.81 (74.00% of Initial Level). The notes may autocall beginning October 14, 2026 if the Reference Asset closes at or above the Call Level. Estimated initial value: $970.35 per $1,000 principal on the Pricing Date.

Bank of Montreal priced US$3,049,000 of Senior Medium-Term Autocallable Barrier Notes linked to Intel Corporation common stock. The notes pay a contingent quarterly coupon of 5.20% (≈20.80% per annum) if the Reference Asset meets a coupon barrier, are automatically callable at 100% of the Initial Level, and mature on April 16, 2029. If not called, maturity payment depends on Intel's Final Level versus a Trigger Level of $31.19 (50.00% of the Initial Level), meaning a downside can produce losses including loss of principal. The estimated initial value was $963.51 per $1,000 on the Pricing Date.

Bank of Montreal priced a $2,070,000 issuance of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due April 15, 2031, linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000. The notes pay contingent monthly coupons of 0.8333% per month (about 10.00% per annum) when each reference asset meets a 70.00% coupon barrier and are subject to automatic redemption if all three indices meet the call level on an observation date. At maturity investors receive principal unless a trigger event occurs, in which case the cash payment equals $1,000 plus the percentage change of the least performing index, which could be less than principal; the estimated initial value was $994.22 per $1,000.

Bank of Montreal is offering principal-protected notes linked to the S&P 500® Index with a 150% upside participation rate and a capped return. Each note has a $1,000 principal amount and an original issue price of $1,000. If the final index level is ≥ the cap level, holders receive a maximum settlement amount (expected $1,210.90–$1,247.50 per $1,000). If the final index level falls between the initial level and a 10% buffer, holders receive $1,000; below the buffer (90.00% of the initial level) holders incur losses of ~1.1111% of principal per 1% decline below the buffer. The notes do not pay interest, are unsecured obligations of Bank of Montreal, carry issuer credit risk, are not listed, and are designed to be held to maturity.

Bank of Montreal priced Senior Medium-Term Notes, Series K, Redeemable Fixed Rate Notes due April 29, 2041. The Notes pay a fixed interest rate of 5.40% per annum and have a principal amount of $1,000 per Note with an original issue price of $1,000.00 per Note.

The Notes are redeemable by Bank of Montreal on semi-annual Optional Redemption Dates beginning April 29, 2028. These securities are bail-inable and subject to conversion under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act.

Bank of Montreal (BMO) is offering $2,000,000 of Senior Medium-Term Notes, Series K, fixed-rate, redeemable notes due April 15, 2038. Each Note has a $1,000 principal amount and pays interest at 5.35% per annum semi-annually beginning October 15, 2026. The issuer may redeem the Notes in whole (but not in part) on semi-annual Optional Redemption Dates beginning April 15, 2028 at 100% of principal plus accrued interest. The Notes are unsecured, will not be listed on an exchange, and are bail-inable under the Canada Deposit Insurance Corporation Act, meaning they may be converted into common shares of Bank of Montreal under Canadian bank-resolution powers.

Bank of Montreal offers Senior Medium-Term Notes, Series K, Redeemable Fixed Rate Notes due April 13, 2033, issued at $1,000 per Note with a fixed interest rate of 4.80% per annum. Interest is payable semi-annually commencing October 27, 2026. The Notes are redeemable in whole by the issuer on semi-annual Optional Redemption Dates at 100% of principal plus accrued interest and are bail-inable under Canadian law, permitting conversion into common shares under subsection 39.2(2.3) of the CDIC Act. The original issue price per Note is $1,000.00, the underwriting discount is $20.00, and proceeds to Bank of Montreal per Note are $980.00.

Bank of Montreal is offering Senior Medium-Term Notes, Series K, Redeemable Fixed Rate Notes due April 13, 2029, with a stated interest rate of 4.30% per annum. The Notes have a $1,000 principal amount per Note, an Issue Date of April 27, 2026, and pay interest semi-annually. The Notes are redeemable by Bank of Montreal in whole (but not in part) on semi-annual Optional Redemption Dates at 100% of principal plus accrued interest; holders have no repayment option prior to maturity. The original issue price is $1,000.00 per Note, with an underwriting discount of $10.00 and proceeds to the issuer of $990.00 per Note. These Notes are bail-inable under subsection 39.2(2.3) of the CDIC Act and may be converted, in whole or in part, into common shares of Bank of Montreal under the Canadian bail-in regime. The Notes are unsecured obligations, unlisted, and subject to the issuer’s credit risk and other risks described in the accompanying product supplement and prospectus documents.

Bank of Montreal is offering US$1,025,000 of Senior Medium-Term Notes, Series K — Capped Barrier Enhanced Return Notes due June 14, 2027, linked to shares of the State Street SPDR S&P 500 ETF Trust (SPY). The notes provide 200.00% upside exposure subject to a Maximum Redemption Amount of $1,145.00 per $1,000 principal (a 14.50% cap). If the Reference Asset closes below the 90.00% Barrier Level ($611.92, Initial Level $679.91) on the Valuation Date, investors lose 1% of principal for each 1% decline below the Initial Level, potentially losing all principal. The notes pay no interest, are unsecured obligations of Bank of Montreal, are cash-settled at maturity, and are subject to issuer credit risk. Pricing Date was April 9, 2026, settlement April 14, 2026, and valuation and maturity dates are June 9 and June 14, 2027 respectively. Our estimated initial value was $977.77 per $1,000.

Bank of Montreal priced a US$1,000,000 offering of Senior Medium-Term Notes, Series K — Capped Barrier Enhanced Return Notes linked to shares of Invesco QQQ, Series 1. The notes mature on June 14, 2027 and pay a leveraged upside (200.00% Upside Leverage Factor) subject to a Maximum Redemption Amount of $1,184.00 per $1,000 principal (an 18.40% return). If the Reference Asset finishes below the Barrier Level of $549.17 (90.00% of the Initial Level), holders lose 1% of principal for each 1% decline in the Reference Asset; full principal loss is possible. Notes do not pay interest, will be payable in cash only, are unsecured obligations of Bank of Montreal and are subject to the Bank’s credit risk. The public offering included an agent commission of 2.00%.

Bank of Montreal (issuer) priced US$2,001,000 of Senior Medium-Term Notes, Series K: autocallable barrier notes due April 14, 2028 linked to the least performing of XLF and KRE. Contingent coupons equal 0.865% per month (≈10.38% per annum) if monthly Coupon Barrier tests are met. Notes may auto‑redeem beginning October 11, 2027 if both reference assets meet their Call Levels; at maturity investors receive $1,000 per $1,000 unless a Trigger Event occurs, in which case payment equals $1,000 plus the Least Performing Reference Asset’s percentage change of its Initial Level. Estimated initial value was $986.78 per $1,000 on the Pricing Date.

Bank of Montreal is marketing principal‑protected‑style equity‑linked notes tied to the MSCI EAFE Index® with a stated principal amount of $1,000 per note. The notes pay no interest and mature following a determination date expected 21–24 months after the trade date; if the final index level is at or above a threshold of 87.50% of the initial level holders receive a threshold settlement amount (expected between $1,143.70 and $1,169.00 per note). If the final index level is below the threshold, investors suffer losses of approximately 1.1429% of principal for each 1% the index is below the threshold and could lose some or all principal. The issuer’s estimated initial value per $1,000 note is expected to be between $969.00 and $999.00. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk.

Bank of Montreal priced senior medium-term notes linked to the EURO STOXX 50® Index with a $1,000 face amount per security and a stated maturity of April 27, 2028. The notes provide 150% upside participation up to a capped maximum return (at least 26.62% or $266.20 per security) and a 15% buffer against losses; if the Underlier falls below 85% of its starting value, investors have 1-to-1 downside beyond the buffer and could lose up to 85% of face amount. The issuer received $974.25 per security in proceeds; the estimated initial value was $968.90 per security and will not be less than $919.00 at pricing. The offering carries issuer credit risk, no periodic interest, limited secondary market liquidity, and tax treatment uncertainties, including potential implications under Section 871(m).

Bank of Montreal is offering Market Linked Securities—leveraged upside, contingent downside principal-at-risk securities linked to the S&P 500® Index, with an Original Offering Price of $1,000 per security and total face amount of $670,000. The securities price on the Pricing Date of April 9, 2026 and have an Issue Date of April 14, 2026 and a Stated Maturity Date of April 15, 2031 (subject to postponement).

The payout at maturity depends on the Underlier Return, with an Upside Participation Rate of 175%, a Maximum Return of 60.75% ($607.50) and a Threshold Value equal to 80% of the Starting Value. The Starting Value is 6,824.66 (closing value on the pricing date). If the Ending Value is below the threshold, investors bear full downside and may lose more than 20% or all of the face amount. These are unsecured obligations of Bank of Montreal and carry credit risk; the estimated initial value per security on the pricing date was $958.76.

Bank of Montreal priced a $46,294,000 offering of structured, cash‑settled notes linked to the S&P 500® Index. The notes pay no interest and mature on August 16, 2028 (subject to postponement); holders receive $1,214.20 per $1,000 if the final index level is >=85.00% of the initial level (6,824.66).

If the final index level is below 85.00% (threshold 5,800.961), the holder absorbs losses—about 1.1765% of principal for each 1.00% decline below the threshold. The notes are unsecured obligations of Bank of Montreal, not FDIC‑insured, and the initial estimated value was $996.29 per $1,000.

Bank of Montreal priced US$422,000 Senior Medium-Term Notes, Series K, buffer notes linked to the shares of the SPDR® Gold Trust (GLD). The notes pay at maturity based on a 91.00% upside participation in increases of GLD above an Initial Level of $434.53 and absorb losses beyond a 5.00% buffer (Buffer Level $412.80). The notes mature on April 13, 2029, are unsecured obligations of Bank of Montreal, do not bear interest, will not be listed, and are subject to the issuer’s credit risk.

Bank of Montreal priced US$2,225,000 in Senior Medium-Term Notes, Series K — Digital Return Barrier Notes due October 13, 2027 linked to the common stock of Vistra Corp. The notes offer a 29.00% digital return if the Final Level of the Reference Asset is at or above a 60.00% Digital Barrier of the Initial Level; otherwise holders suffer a linear loss of principal proportionate to the percentage decline below the Initial Level. The notes are unsecured, pay no interest, will only pay cash at maturity, were issued in minimum denominations of $1,000, and carry the credit risk of Bank of Montreal. The Pricing Date was April 08, 2026, Settlement Date April 13, 2026, Valuation Date October 08, 2027.

Bank of Montreal is offering US$352,000 in Senior Medium-Term Notes, Series K — Barrier Enhanced Return Notes due April 14, 2031, linked to the S&P 500® Index. Each $1,000 note provides 112.29% leveraged upside if the final index level is at or above the initial level, but if the index falls below an 80.00% barrier investors lose 1% of principal per 1% decline; principal may be lost in full. The notes pay no interest, are unsecured obligations of Bank of Montreal, and all payments are subject to the issuer’s credit risk.

Bank of Montreal priced a $5,670,000 offering of Senior Medium-Term Notes, Series K — Digital Return Buffer Notes linked to the NASDAQ-100 Index® due April 13, 2028. The notes offer a 23.00% digital return if the Final Level is at or above 90.00% of the Initial Level; if the Index declines more than 10.00% from the Initial Level, investors lose 1% of principal for each 1% decline beyond the 10.00% buffer, and may lose up to 90.00% of principal. The notes pay no interest, are unsecured obligations of Bank of Montreal, are not exchange-listed, and are subject to the issuer’s credit risk. Pricing Date was April 8, 2026, settlement April 13, 2026, valuation date April 10, 2028. The initial estimated value was $998.92 per $1,000 principal and the public offering price was 100% of principal.

Bank of Montreal priced US$755,000 Senior Medium-Term Notes, Series K (Barrier Notes) due April 13, 2029. The notes pay a monthly Coupon of 0.5833% per month (approximately 7.00% per annum) and were offered at 100% of principal with proceeds to the Bank shown as 98.00%.

The notes are linked to the least performing of Invesco QQQ (QQQ) and SPDR S&P 500 ETF (SPY). A Trigger Event occurs if a Reference Asset’s Final Level is below its Trigger Level on the Valuation Date; Trigger Levels equal 70.00% of each Initial Level ($424.26 for QQQ and $473.21 for SPY). If a Trigger Event occurs, payment at maturity may be physical delivery of shares or cash based on the Physical Delivery Amount. The estimated initial value was $4,882.70 per $5,000 principal on the Pricing Date.

Bank of Montreal (BERZ) is offering Senior Medium-Term Notes, Series K — redeemable fixed-rate notes due April 24, 2036. The Notes pay 5.25% per annum semiannually, have a principal amount of $1,000 per Note, and are redeemable by the issuer on semiannual Optional Redemption Dates beginning April 24, 2027. The Notes are bail-inable under the CDIC Act and may be converted into common shares under specified Canadian resolution powers. The original issue price is $1,000 per Note with an underwriting discount of $30 per Note and proceeds to the issuer of $970 per Note.

Bank of Montreal priced US$637,000 Senior Medium-Term Autocallable Barrier Notes, Series K linked to the least performing common stock of The Boeing Company, Lockheed Martin Corporation and RTX Corporation. The notes pay a contingent coupon of 1.3083% per month (~15.70% per annum) if each reference asset is at or above its 60% coupon barrier on observation dates. The notes may be automatically redeemed on quarterly call observation dates if each reference asset is at or above its call level (100% of initial level). If not called, maturity payment depends on the least performing reference asset: holders receive $1,000 unless a trigger event (final level below 60% trigger level) occurs, in which case the payment equals $1,000 plus the percentage change of the least performing asset and may be less than principal. Pricing date: April 7, 2026; settlement: April 10, 2026; valuation date: April 5, 2029; maturity: April 10, 2029. Estimated initial value was $944.17 per $1,000.