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

Bank of Montreal priced US$1,280,000 in Senior Medium-Term Notes, Series K — Autocallable Buffer Notes with Memory Coupons due March 27, 2028, linked to the least performing of AMZN, NOW and HOOD. The notes pay contingent monthly coupons (~1.5083% per month) and feature an automatic redemption trigger and a 35.00% buffer against losses.

The Pricing Date was March 20, 2026, settlement on March 25, 2026, and the estimated initial value was $978.65 per $1,000. Payment at maturity depends on the Final Level of the least performing reference asset; a Trigger Event occurs if that Final Level is below its Buffer Level.

Bank of Montreal priced a US$28,000 issuance of Senior Medium-Term Notes, Series K, Autocallable Barrier Notes linked to the common stock of FedEx Corporation (FDX). The notes pay a 0.8233% monthly contingent coupon (approximately 9.88% per annum) if the Reference Asset meets the Coupon Barrier on Observation Dates, begin monthly coupon payment potential on April 26, 2026, and mature on April 26, 2027.

The notes are automatically redeemable beginning on September 23, 2026 if the closing level on an Observation Date is at or above the Call Level (100% of the Initial Level). If not autocalled, maturity payoff depends on the Final Level versus a Trigger Level equal to $253.53 (70.65% of the Initial Level); a Final Level below that Trigger Level produces a reduced cash payment calculated as $1,000 + ($1,000 x Percentage Change). The pricing supplement states an estimated initial value of $956.41 per $1,000 and a public offering price at 100%.

Bank of Montreal priced US$501,000 of Senior Medium-Term Notes, Series K — Autocallable Buffer Notes with Memory Coupons due March 26, 2029, linked to the least performing of the NASDAQ-100 Index® and the Russell 2000® Index. The notes pay contingent monthly coupons of 0.7083% per month (approximately 8.50% per annum) when both reference assets close at or above 80.00% of their Initial Levels, and include a Memory Coupon feature.

If not automatically redeemed, principal repayment at maturity depends on the Least Performing Reference Asset. Investors receive full principal unless that asset falls more than 20.00% (the Buffer Percentage); below that Buffer Level the payment is reduced by the Percentage Change beyond 20.00%, exposing investors to up to 80.00% principal loss. The estimated initial value on the Pricing Date was $972.04 per $1,000.

Bank of Montreal priced a US$5,000 Senior Medium-Term Note (Series K) — an autocallable barrier note linked to FedEx Corporation common stock. The Pricing Date was March 20, 2026, Settlement Date March 25, 2026, Valuation Date April 21, 2027 and Maturity Date April 26, 2027.

The notes pay a 1.0292% monthly Contingent Interest Rate (approximately 12.35% per annum) if the Reference Asset meets the Coupon Barrier on Observation Dates. The Initial Level is $358.85; the Coupon Barrier and Trigger Level are $253.53 (70.65% of the Initial Level). The notes are cash‑settled only; principal per issued note is $1,000 and the public offering price shown is 100% ($1,000 per $1,000 principal), with an estimated initial value of $971.42 per $1,000 on the Pricing Date.

Bank of Montreal offers US$770,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due March 27, 2028. The notes are linked to the least performing of Amazon (AMZN), ServiceNow (NOW) and Robinhood (HOOD) and pay monthly contingent coupons of 2.575% per month (≈30.90% per annum) when each reference asset meets its coupon barrier.

The notes may be automatically redeemed beginning on March 23, 2027 if each reference asset is at or above its call level. At maturity on March 27, 2028, if a trigger event (a reference asset below its trigger level of 65% of initial) occurs, payment will be reduced based on the percentage change of the least performing reference asset; otherwise investors receive full principal plus any due contingent coupons. The pricing date was March 20, 2026 and the estimated initial value was $974.27 per $1,000 principal on that date.

Bank of Montreal priced US$440,000 Senior Medium-Term Notes, Series K, Autocallable Barrier Enhanced Return Notes linked to United Airlines Holdings, Inc. common stock. The notes mature on March 26, 2029 and may be automatically redeemed on March 25, 2027.

If automatically redeemed, holders receive principal plus a $282.50 Call Amount per $1,000 principal (approximately 28.25% per annum). If not called, the maturity payoff uses a 150.00% upside leverage on any appreciation; a Barrier Level at 60.00% of the Initial Level ($53.97), below which holders lose 1% of principal per 1% decline and may lose all principal. The Initial Level is $89.95 and the issuer’s estimated initial value was $936.12 per $1,000.

Bank of Montreal priced a US$483,000 offering of Senior Medium-Term Notes, Series K: Capped Barrier Enhanced Return Notes due March 26, 2029, linked to the least performing of the S&P 500® and NASDAQ-100®. The notes offer 150.00% upside leverage subject to a 57.00% Maximum Return and a Maximum Redemption Amount of $1,570.00 per $1,000 principal. If the least performing reference asset falls below a 75.00% Barrier, investors absorb losses pari passu with the index decline, potentially losing up to 100.00% of principal. The notes are unsecured obligations of the Bank, unlisted, and pay no interest.

Bank of Montreal priced US$606,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the Least Performing of the S&P 500® Index, the Russell 2000® Index and the Dow Jones Industrial Average®. The notes pay a 0.8333% monthly contingent coupon (approximately 10.00% per annum) when each reference asset on an Observation Date is at or above its Coupon Barrier Level (70.00% of Initial Level). The notes may be automatically redeemed beginning on March 23, 2027 if each Reference Asset is at or above its Call Level. If not called, payment at maturity on March 26, 2029 depends on the Percentage Change of the Least Performing Reference Asset versus its Initial Level; a Trigger Event occurs if any Final Level is below its Trigger Level (70.00% of Initial Level), producing a reduced cash payoff. The Pricing Date was March 20, 2026, Settlement Date March 25, 2026, and the issuer’s estimated initial value was $970.60 per $1,000 principal.

Bank of Montreal priced US$60,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to EQT Corporation. The Pricing Date is March 20, 2026, Settlement Date March 25, 2026, and Maturity Date April 26, 2027. The notes reference EQT with an Initial Level of $64.67 and offer a Contingent Interest Rate of 1.1667% per month (approximately 14.00% per annum) if monthly observation-level conditions are met. The Coupon Barrier Level and Trigger Level are both $45.53 (70.41% of the Initial Level). Automatic redemption may occur beginning on September 23, 2026 if the Reference Asset meets the Call Level. Price to public was 100% and the estimated initial value on the Pricing Date was $962.21 per $1,000 principal amount. Payments at maturity are cash only and will be reduced if a Trigger Event occurs; final payout is $1,000 + ($1,000 x Percentage Change) when applicable.

Bank of Montreal priced US$19,000 Senior Medium‑Term Notes, Series K Autocallable Barrier Notes linked to the common stock of EQT Corporation. The notes were priced on March 20, 2026, settle on March 25, 2026, have a valuation date of April 21, 2027 and mature on April 26, 2027.

The notes pay a 0.95% contingent monthly coupon (approximately 11.40% per annum) when the Reference Asset closes at or above the Coupon Barrier Level on an Observation Date. The Coupon Barrier and Trigger Level are each $45.53 (70.41% of the Initial Level). If not autocalled, maturity payoff is $1,000 per $1,000 unless the Final Level is below the Trigger Level, in which case the cash payment equals $1,000 plus $1,000 times the Percentage Change of the Reference Asset. The estimated initial value on the Pricing Date was $947.02 per $1,000.

Bank of Montreal priced US$5,112,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes linked to the common stock of NVIDIA Corporation (NVDA). The Pricing Date was March 20, 2026, Settlement Date March 25, 2026, and Maturity Date September 27, 2027.

The notes pay a Contingent Coupon of 0.94% per month (approximately 11.28% per annum) when the Reference Asset on an Observation Date is at or above the Coupon Barrier Level. The Initial Level is $172.70, with the Coupon Barrier Level and Trigger Level set at $89.80 (52.00% of Initial Level). The notes were offered at 100% of principal; agent’s commission is 2.40%, proceeds to the issuer shown as 97.60% ($4,989,312). The estimated initial value on the Pricing Date was $962.93 per $1,000 principal.

If an Observation Date on or after September 23, 2026 has the Reference Asset at or above the Call Level (100% of Initial Level), the notes will be automatically redeemed and investors receive principal plus the applicable Contingent Coupon. If not autocalled, at maturity investors receive cash or a Physical Delivery Amount equal to $1,000 divided by the Initial Level in shares (or a Cash Delivery Amount), and a Trigger Event (Final Level below Trigger Level) can reduce the maturity payment materially.

Bank of Montreal is offering Senior Medium‑Term Notes, Series K — Redeemable Fixed Rate Notes due April 10, 2036.

Each Note has a principal amount of $1,000 and an original issue price of $1,000. The Notes pay interest at 5.25% per annum, payable semi‑annually on each April 10 and October 10, commencing October 10, 2026. The issuer may redeem the Notes in whole on semi‑annual Optional Redemption Dates at 100% of principal plus accrued interest. The underwriting discount is $30.00 per Note, leaving proceeds to Bank of Montreal of $970.00 per Note. The Notes are bail‑inable and subject to conversion under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act.

Bank of Montreal priced $2,000,000 of Senior Medium‑Term Notes, Series K, consisting of 2,000 notes at $1,000 per note with a fixed interest rate of 4.60% per annum. The notes mature on March 25, 2031 and pay interest semi‑annually on March 25 and September 25, commencing September 25, 2026. The issuer may redeem the notes in whole (but not in part) on semi‑annual Optional Redemption Dates from March 25, 2027 through September 25, 2030 at 100% of principal plus accrued interest. The notes are bail‑inable and subject to conversion under the CDIC Act; they will not be listed on any exchange.

Bank of Montreal priced $893,000 aggregate Senior Medium-Term Notes, Series K, redeemable fixed-rate notes due March 14, 2031. The Notes pay interest at 4.50% per annum, payable semi‑annually, with principal repaid at $1,000 per Note at maturity unless earlier redeemed.

The offering was issued at an original issue price of $1,000.00 per Note with an underwriting discount of $10.00 per Note and proceeds to the Bank of $884,070.00 in the aggregate. The Notes are redeemable by the Bank on specified semi‑annual optional redemption dates and are bail‑inable under the Canadian CDIC Act, permitting conversion into common shares under prescribed conditions.

Bank of Montreal priced U.S. dollar non‑interest notes linked to the Russell 2000® Index. The notes have a $1,000 principal amount, trade date March 20, 2026, stated maturity March 22, 2029 and are cash‑settled based on the index performance from March 20, 2026 to March 20, 2029.

The notes pay no interest, offer an upside participation rate of 200% subject to a cap that limits the maximum settlement to $1,489.00 per $1,000 principal. A 5.00% buffer protects against losses up to that decline; if the final index level is below the buffer, holders lose approximately 1.0526% of principal for each 1% the index is below the buffer level. Original issue price per note was $1,000.00; underwriting discount totaled $95,310.00 and proceeds to the issuer totaled $3,081,690.00.

Bank of Montreal is offering Senior Medium-Term Notes, Series K — Redeemable Fixed Rate Notes due April 8, 2038. Each Note has a principal amount of $1,000, a fixed interest rate of 5.50% per annum payable semi-annually, and pays $1,000 at maturity unless earlier redeemed. The Notes are redeemable by the issuer on semi-annual Optional Redemption Dates beginning April 8, 2028 at 100% of principal plus accrued interest. The original issue price per Note is $1,000.00 with an underwriting discount of $20.00, yielding proceeds to the issuer of $980.00 per Note. The Notes will not be listed on any exchange and are bail-inable, meaning they are subject to conversion into common shares under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act and related Ontario and federal laws.

Bank of Montreal offers principal-protected contingent return notes linked to VanEck® Gold Miners ETF (GDX). Each note has a $1,000 principal amount, a stated maturity of April 22, 2027 and a determination date of April 20, 2027. The notes pay no interest and the payoff depends on the ETF’s final level versus an initial level of $80.12 (trade date March 20, 2026).

If the final underlier level is ≥ the threshold level $72.108 (90.00% of $80.12), holders receive a fixed threshold settlement amount $1,275.00 per $1,000. If the final level is below the threshold, holders lose approximately 1.1111% of principal for each 1% decline below the threshold, potentially losing all principal. The estimated initial value on the trade date was $975.33 per $1,000; original issue price per note is $1,000.00 with an underwriting discount of $10.90.

Bank of Montreal is offering market-linked, auto-callable senior medium-term notes (equity-linked securities) tied to the common stock of Freeport-McMoRan Inc. (Bloomberg: FCX). The securities have a $1,000 face amount per security and an original offering price of $1,000.

Pricing date is March 27, 2026 with an expected issue date of April 1, 2026 and a stated maturity of April 2, 2029. The contingent coupon rate will be set on the pricing date and will be at least 14.00% per annum. Estimated initial value at the time of this preliminary supplement is $968.80, and will not be less than $920.00 at pricing. Agent discount is $23.25 per security; proceeds to Bank of Montreal are $976.75 per security.

The securities pay quarterly contingent coupons only if the Underlier’s closing value on a calculation day is at or above the coupon threshold, with automatic early call if the Underlier closes at or above the starting value on any scheduled calculation day through December 2028. At maturity, if not called, investors receive either the face amount or a reduced cash payment equal to the performance factor times the face amount; the downside threshold is 50% of the starting value, exposing holders to more than 50 downside if the ending value falls below that level. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk.

Bank of Montreal is offering $4,216,000 of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons linked to the common stock of Constellation Energy Corporation (ticker CEG). The notes price was 100% of principal and the estimated initial value was $953.06 per $1,000 principal on the Pricing Date.

The notes pay monthly contingent coupons of 1.0667% per month (approximately 12.80% per annum) if the Reference Asset closes on an Observation Date at or above a Coupon Barrier of $177.22 (56.00% of the Initial Level). Beginning on September 23, 2026, the notes are callable on specified Observation Dates if the Reference Asset closes at or above the Call Level (100% of the Initial Level); if not called, maturity is April 26, 2027, with physical or cash delivery contingent on whether the Final Level is below the Trigger Level of $177.22.

Bank of Montreal priced a $1,540,000 issuance of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons linked to the least performing of XBI and KRE.

The notes pay a contingent quarterly coupon of 3.75% (approximately 15.00% per annum) if each reference asset is at or above its coupon barrier on an Observation Date, feature automatic redemption when both references close at or above their Call Level, and return at maturity either $1,000 per $1,000 principal or a reduced cash amount linked to the Percentage Change of the Least Performing Reference Asset if a Trigger Event occurs. Key dates include a Pricing Date: March 19, 2026, Valuation Date: March 21, 2029, and Maturity Date: March 26, 2029. The estimated initial value on the Pricing Date was $940.73 per $1,000 principal.

Bank of Montreal priced US$250,000 Series K Senior Medium-Term Notes — Autocallable Barrier Notes with Memory Coupons linked to the least performing of JPMorgan Chase ("JPM"), Morgan Stanley ("MS") and The Charles Schwab Corporation ("SCHW").

Key terms: Contingent Interest Rate 1.0167% per month (approximately 12.20% per annum); Coupon Barrier and Trigger Levels set at 60.00% of each Initial Level; Call Level is 100% of Initial Levels. Strike Date: March 18, 2026; Pricing Date: March 19, 2026; Valuation Date: March 21, 2029; Maturity Date: March 26, 2029. The pricing supplement states an estimated initial value of $971.24 per $1,000 principal amount.

Bank of Montreal is offering US$10,000,000 of Senior Medium-Term Market Linked Notes, Series K, due August 7, 2031, linked to the Russell 2000® Index. The notes pay no interest and provide a maturity cash payment tied to the Final Level versus the Initial Level, subject to a Maximum Redemption Amount of $1,896.31 per $1,000 (an 89.631% return). The public offering price was 100% (aggregate $10,000,000) with proceeds to Bank of Montreal of $9,975,000 and an agent’s commission of 0.25%. The Initial Level is an average of closing levels from March 17, 2026 through May 6, 2026; the Final Level is an average ending on the Final Valuation Date of August 4, 2031. All payments are subject to the credit risk of Bank of Montreal. The notes are unsecured, unlisted, issued in minimum denominations of $1,000 and include detailed downside, barrier, and capped upside mechanics as described in this pricing supplement.

Bank of Montreal priced US$3,286,000 Senior Medium‑Term Notes, Series K, Autocallable Barrier Notes with Memory Coupons due March 26, 2029, linked to the least performing of the S&P 500® and the EURO STOXX 50®. The notes pay contingent quarterly coupons of 2.525% per quarter (approximately 10.10% per annum) when each reference asset is at or above an 80.00% coupon barrier on observation dates. The notes are callable early at 100% of initial levels beginning with the June 23, 2026 observation. If not called, final principal depends on the least performing reference asset; a trigger occurs if any final level is below 80.00%, producing a pro rata loss at maturity. Pricing date was March 19, 2026, settlement March 24, 2026, valuation date March 21, 2029, and estimated initial value on the pricing date was $962.11 per $1,000 principal amount.

Bank of Montreal priced an auto-callable, contingent-coupon principal-at-risk note linked to the American depositary shares of Novo Nordisk A/S, maturing April 5, 2029. The original offering price is $1,000 per security; estimated initial value is $968.40 (not less than $920.00). The contingent coupon rate will be set on pricing and is at least 16.80% per annum, paid quarterly only if the Underlier is at or above a coupon threshold equal to 60% of the starting value; missed coupons can be paid later via a memory feature. The securities auto-call early if the Underlier closes at or above the starting value on scheduled quarterly calculation days; if not called, maturity pays $1,000 if the ending value is ≥ the downside threshold (equal to 60% of starting value) or a reduced amount (ending/starting × $1,000) if below, exposing investors to more than 40% loss. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk. U.S. federal tax treatment is uncertain; non-U.S. holders face withholding (generally 30%).

Bank of Montreal is offering capped, non‑interest bearing callable equity‑linked notes tied to the VanEck® Gold Miners ETF (GDX). The notes have an expected term of approximately 24 months and an automatic call feature expected between 12 and 14 months.

If the call observation closing price is at or above the initial underlier level, each $1,000 note will pay principal plus a call premium set on the trade date (expected 17.97% to 21.08%). If not called, at maturity the notes pay either a guaranteed maturity premium (expected 35.94% to 42.16%) or 200% of the ETF return, whichever is greater, provided the final level is at least 90.00% of the initial level. If the final level is below 90.00%, investors lose approximately 1.1111% of principal for each 1% decline below that buffer; loss of some or all principal is possible.

The issuer values the notes initially at approximately $949 to $979 per $1,000 principal; original issue price is $1,000 with $20 underwriting discount and estimated proceeds to BMO of $980 per note. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk.

Bank of Montreal issues Accelerated Return Notes® linked to the iShares® Expanded Tech-Software Sector ETF due May 28, 2027. The notes pay based on a $10 principal per unit and a 300% Participation Rate with a $12.766 Capped Value (a 27.66% return cap).

The Starting Value was $84.46 with an initial estimated value of $9.68 per unit and a public offering price of $10.00 per unit. Term is approximately 14 months with Maturity Valuation Period days on May 19–25, 2027. If the Ending Value exceeds the Starting Value, holders receive leveraged upside up to the cap; if equal, principal is returned; if lower, principal is reduced proportionally. Payments are unsecured and subject to BMO credit risk. Fees include an underwriting discount of $0.175 and a hedging charge of $0.05 per unit.

Bank of Montreal is offering $5,000,000 aggregate principal of Senior Medium-Term Notes, Series K, redeemable fixed-rate notes with a 4.95% per annum interest rate and a stated maturity of March 24, 2031. Interest is payable semi-annually on March 24 and September 24, commencing September 24, 2026.

The notes are redeemable by the issuer on semi-annual optional redemption dates at 100% of principal plus accrued interest and are bail-inable under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under that statutory regime.

Bank of Montreal issues $3,000,000 Senior Medium-Term Notes, Series K. The offering comprises Notes with a $1,000 principal per Note, a 5.05% fixed interest rate, semiannual interest payments, and a stated maturity of March 24, 2038. The Notes are redeemable at the issuer's option on semiannual Optional Redemption Dates commencing March 24, 2028, at 100% of principal plus accrued interest. The offering price was $1,000.00 per Note with an underwriting discount of $11.50 per Note, yielding proceeds of $988.50 per Note and total proceeds of $2,965,500.00 to the Bank. The Notes are unsecured, will not be listed, and are characterized as bail-inable subject to conversion under the Canadian CDIC Act.

Bank of Montreal is offering Senior Medium-Term Notes, Series K — Redeemable Fixed Rate Notes due April 10, 2031 with a stated interest rate of 5.00% per annum and semiannual interest payments. Each Note has a principal amount of $1,000.

The Notes are redeemable at the issuer’s option on semiannual Optional Redemption Dates at 100% of principal plus accrued interest and are bail-inable notes subject to conversion under the Canada Deposit Insurance Corporation Act. 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.

Bank of Montreal is offering Senior Medium-Term Notes, Series K — Redeemable Fixed Rate Notes due April 10, 2029, with a stated annual interest rate of 4.50% payable semi‑annually and denomination of $1,000 per Note. The issuer may redeem the Notes on semi‑annual Optional Redemption Dates at $1,000 plus accrued interest. The Notes are unsecured, bail-inable under the CDIC Act and may be converted into common shares under subsection 39.2(2.3) of the CDIC Act; holders are deemed to consent to those bail-in provisions. Original issue price is $1,000.00 per Note with an underwriting discount of $10.00, leaving $990.00 in proceeds per Note to the issuer.

Bank of Montreal priced US$650,000 Senior Medium-Term Notes, Series K — Callable Barrier Notes linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®. Pricing Date was March 18, 2026, Settlement Date March 23, 2026, and Maturity Date March 23, 2029. The notes pay a monthly contingent coupon of 0.9583% (approximately 11.50% per annum) when each Reference Asset on an Observation Date is at or above its Coupon Barrier Level (75% of Initial Level). A Trigger Event occurs if any Reference Asset’s Final Level is below its Trigger Level (70% of Initial Level) on the Valuation Date, in which case principal at maturity is reduced by the Percentage Change of the Least Performing Reference Asset. The issuer may call the notes in whole beginning March 18, 2027. Price to public is $1,000 per $1,000 principal (100%), Agent’s commission 0.50%, proceeds to BMO 99.50%. Estimated initial value on the Pricing Date was $974.18 per $1,000.

Bank of Montreal priced US$1,127,000 of Senior Medium-Term Notes, Series K: an Autocallable Barrier Note with contingent coupons due March 23, 2029, linked to the least performing of XLE, the S&P 500® Index and the Nasdaq-100 Technology Sector Index. The notes pay a contingent coupon of 0.8125% per month (approximately 9.75% per annum) when each reference asset on an Observation Date is at or above its Coupon Barrier Level. The notes may be automatically redeemed beginning on September 18, 2026 if on an Observation Date each Reference Asset is at or above its Call Level. At maturity, if not called and if the Final Level of any Reference Asset is below its Trigger Level, investors receive a cash amount equal to $1,000 plus $1,000 times the Percentage Change of the Least Performing Reference Asset; this amount can be less than principal and may be zero. The cover shows an estimated initial value of $947.57 per $1,000 principal amount and a public offering price of 100%, with an agent commission of 2.50%.

Bank of Montreal priced $10,458,000 of Senior Medium-Term Notes (Series K), Autocallable Barrier Notes with Memory Coupons linked to the least performing of AAPL, AMD and PLTR. The notes pay a 5.375% quarterly contingent coupon (about 21.50% per annum) if each reference asset meets a quarterly coupon barrier of 50% of its initial level, begining with payments on June 23, 2026, and mature on March 23, 2029.

The notes are automatically redeemable beginning on March 18, 2027 if each reference asset is at or above its call level (100% of initial). At maturity investors receive principal unless a trigger event occurs (Final Level below 50% trigger level for any reference asset), in which case the payout equals $1,000 plus the percentage change of the least performing reference asset, which can be less than principal and may be zero. The estimated initial value on the pricing date was $952.99 per $1,000 principal amount.

Bank of Montreal priced US$1,001,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons linked to the least performing of the VanEck® Gold Miners ETF (GDX) and the Nasdaq-100 Technology Sector Index (NDXT).

The notes pay a contingent coupon of 0.875% per month (approximately 10.50% per annum) when each Reference Asset closes at or above its Coupon Barrier on an Observation Date. The Pricing Date is March 18, 2026, Settlement Date is March 23, 2026, Valuation Date is March 20, 2029 and Maturity Date is March 23, 2029. If not autocalled, principal repayment at maturity equals $1,000 per $1,000 unless a Trigger Event occurs, in which case payment is reduced by the Percentage Change of the least performing Reference Asset; payment may be zero. The estimated initial value was $948.02 per $1,000 on the Pricing Date.

Bank of Montreal priced a US$123,000 offering of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the common stock of Tesla, Inc. The notes pay a 4.1875% contingent quarterly coupon (≈16.75% annually) and were issued at 100% of principal for a $123,000.00 aggregate principal amount. The Pricing Date is March 18, 2026, Settlement Date is March 23, 2026, Valuation Date is March 20, 2029, and Maturity Date is March 23, 2029. The notes are autocallable beginning on September 18, 2026, have a Coupon Barrier Level and Trigger Level equal to $235.67 (60.00% of the Initial Level), and an estimated initial value of $985.48 per $1,000 on the Pricing Date.

Bank of Montreal priced a US$1,237,000 offering of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due March 23, 2029, linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000. The notes pay a 2.125% quarterly contingent coupon (approximately 8.50% per annum) when each reference asset on an Observation Date is at or above a coupon barrier equal to 67.50% of its Initial Level. Bank of Montreal may call the notes beginning on September 18, 2026 on any Observation Date; if called, investors receive principal plus any contingent coupon due on the Call Settlement Date. At maturity (if not called), investors receive $1,000 per $1,000 principal unless a Trigger Event occurs, in which case the payoff equals $1,000 + ($1,000 x Percentage Change of the Least Performing Reference Asset), which can be less than principal and may be zero. The Pricing Date was March 18, 2026, Settlement Date March 23, 2026, Valuation Date March 20, 2029, and the issuer’s estimated initial value was $949.03 per $1,000 principal amount on the Pricing Date.

Bank of Montreal priced US$2,242,000 in Senior Medium-Term Notes, Series K, Autocallable Barrier Notes with Memory Coupons linked to the common stock of Tesla, Inc.

The notes were priced on March 18, 2026 for settlement on March 23, 2026 and mature on March 23, 2029. Each note has an Initial Level of $392.78, a quarterly Contingent Interest Rate of 3.7625% (approximately 15.05% per annum), and Coupon Barrier and Trigger Levels equal to $235.67 (60.00% of the Initial Level). The notes are autocallable if the Reference Asset closes at or above the Call Level (100% of the Initial Level) on an Observation Date; automatic redemption returns principal plus any due Contingent Coupons. At maturity, if a Trigger Event occurs (Final Level below the Trigger Level), investors receive a reduced cash amount tied to the Percentage Change in the Reference Asset. The estimated initial value was $969.29 per $1,000 principal amount.

Bank of Montreal is offering US$2,520,000 of Senior Medium-Term Notes, Series K: Autoca llable Barrier Notes with Memory Coupons linked to the Class A common stock of CrowdStrike Holdings, Inc. (CRWD). The Pricing Date is March 18, 2026, Settlement Date March 23, 2026, and Maturity Date March 23, 2028. The notes pay a Contingent Coupon of 3.75% per quarter (about 15.00% per annum) when the Reference Asset closes at or above the Coupon Barrier of $244.05 (56.00% of the Initial Level). The Initial Level is $435.81. The notes are autocallable beginning on September 18, 2026 if the Reference Asset closes above the Call Level (100% of Initial Level); on automatic redemption investors receive principal plus any due Contingent Coupons. If not called, at maturity investors receive $1,000 per note unless a Trigger Event (Final Level < Trigger Level of $244.05) occurs, in which case physical or cash delivery tied to the Reference Asset applies and principal may be materially reduced. Price to public was 100% and estimated initial value was $972.89 per $1,000. The notes are unsecured obligations of the Bank, involve significant risks, and include a supplemental U.S. federal tax characterization as pre-paid contingent income-bearing derivative contracts.

Bank of Montreal priced US$7,450,000 Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to the common stock of NVIDIA Corporation (NVDA). The Pricing Date was March 18, 2026, Settlement Date March 23, 2026, Valuation Date April 20, 2027, and Maturity Date April 23, 2027.

The notes pay a monthly contingent coupon of 1.0917% (~13.10% per annum) when the Reference Asset on an Observation Date is at or above the Coupon Barrier of $104.63 (58.00% of the Initial Level). The Initial Level is $180.40. Automatic redemption may occur beginning on September 18, 2026 if the Reference Asset is at or above the Call Level (100% of the Initial Level).

At maturity, if the Final Level is below the Trigger Level ($104.63), holders may receive a Physical Delivery Amount equal to $1,000 divided by the Initial Level (or a cash equivalent); otherwise each note returns $1,000. Estimated initial value was $971.19 per $1,000. Price to public was 100% with an agent commission of 2.15%.

Bank of Montreal is offering US$4,171,000 in Senior Medium‑Term Autocallable Barrier Notes linked to the common stock of NVIDIA Corporation. The notes were priced on March 18, 2026, settle on March 23, 2026, and mature on April 23, 2027.

The notes reference an Initial Level of $180.40 for NVDA and pay a Contingent Coupon of 0.8933% per month (approximately 10.72% per annum) when the Reference Asset’s closing level on an Observation Date is at or above the Coupon Barrier of $95.61 (which is 53.00% of the Initial Level). Beginning on September 18, 2026, the notes are subject to automatic redemption if the Reference Asset’s closing level on an Observation Date is at or above the Call Level (100% of the Initial Level).

At maturity, if not autocalled and if the Final Level is below the Trigger Level of $95.61 (53.00% of the Initial Level), investors will receive a Physical Delivery Amount (shares) or, at the issuer’s election, a Cash Delivery Amount; the illustrative examples show potential principal loss down to zero if NVDA falls sharply.

Bank of Montreal priced US$1,339,000 Senior Medium-Term Notes, Series K, an autocallable barrier note linked to the common stock of Morgan Stanley. The Pricing Date was March 18, 2026, Settlement Date March 23, 2026, and Maturity Date March 23, 2029.

The notes pay a contingent quarterly coupon of 3.625% (approximately 14.50% per annum) when the Reference Asset on an Observation Date is at or above the Coupon Barrier, set at $111.25 (70.00% of the Initial Level). The notes are automatically redeemed if an Observation Date closing is at or above the Call Level (100% of Initial Level); automatic redemption may begin on June 17, 2026.

At maturity, if not redeemed and if the Final Level is below the Trigger Level ($111.25), holders receive $1,000 × Percentage Change plus principal adjustment, paid in cash only. The public offering price was 100% (agent commission 2.00%), proceeds to BMO $1,312,220, and the estimated initial value was $970.88 per $1,000 principal amount.

Bank of Montreal is offering US$13,090,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due March 23, 2029, linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000.

Notes pay a Contingent Coupon of 2.50% per quarter (≈ 10.00% per annum) when each reference asset is at or above its Coupon Barrier Level on Observation Dates; missed coupons can be paid later under a Memory Coupon feature. Beginning on September 18, 2026 the notes auto-redeem if all reference assets meet their Call Level. At maturity, if any Reference Asset is below its Trigger Level (70.00% of initial), investors receive a return tied to the Least Performing Reference Asset and may suffer principal loss. The Pricing Date was March 18, 2026, Settlement March 23, 2026, Valuation Date March 20, 2029, and the estimated initial value is $970.78 per $1,000.

Bank of Montreal is offering US$2,320,000 principal of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the common stock of The Goldman Sachs Group, Inc. The notes were priced on March 18, 2026 and mature on March 23, 2029.

The notes pay contingent quarterly coupons of 3.55% per quarter (approximately 14.20% per annum) if the reference stock’s closing level on each Observation Date is at or above the Coupon Barrier Level of $563.84 (70.00% of the Initial Level). The notes are automatically redeemed if, on any Observation Date beginning June 17, 2026, the reference stock closes at or above the Call Level (100% of the Initial Level). At maturity, if not auto‑redeemed and the Final Level is below the Trigger Level ($563.84), investors receive $1,000 × (1 + Percentage Change), which may be less than principal and could be zero.

The public offering price was 100% of principal, with an agent’s commission of 2.00% and proceeds to the Bank of Montreal of 98.00%. The document states an estimated initial value of $970.46 per $1,000 on the Pricing Date. Payment is cash only; physical delivery of shares will not occur.

Bank of Montreal is offering $2,000,000 aggregate principal amount of Senior Medium-Term Notes, Series K, Redeemable Fixed Rate Notes due March 23, 2029. The Notes pay interest at 4.15% per annum semi‑annually, are redeemable by the issuer on specified semi‑annual Optional Redemption Dates, and are callable in whole but not in part.

The Notes are unsecured, bail-inable under the CDIC Act and may be converted into common shares under Canadian bail‑in powers; they will not be listed and carry issuer credit risk. Original issue price is $1,000.00 per Note with underwriting discount $4.00 per Note.

Bank of Montreal is offering Market Linked Securities — auto-callable notes due March 22, 2029 linked to the lowest performing of the ETFs KRE, XBI and XLRE. The offering size is in $1,000 denominations with an original offering price $1,000 and an estimated initial value $939.86 per security on the pricing date. The notes pay a contingent monthly coupon at a 12.66% per annum rate if the lowest performing Underlier on each calculation day is at or above its coupon threshold (70% of starting value). The notes are quarterly auto-callable if the lowest performing Underlier is at or above its starting value on a call date; if not called, principal at maturity depends on the ending value of the lowest performing Underlier and may result in a loss greater than 30% of principal if that Underlier falls below its downside threshold (70% of starting value). Pricing date: March 18, 2026; Issue date: March 23, 2026. These are unsecured obligations of Bank of Montreal and are subject to its credit risk; they are not FDIC‑insured and are complex and risky investments.

Bank of Montreal offers auto-callable, equity-linked senior notes due April 3, 2029. The securities are sold at an original offering price of $1,000 per security (estimated initial value $955.70, floor $920.00 at pricing). Pricing date is March 30, 2026 and issue date is April 2, 2026. The notes pay monthly contingent coupons (contingent coupon rate will be ≥ 16.80% per annum) subject to the lowest-performing Underlier meeting its coupon threshold on calculation days. The securities reference CEG, DUK and NEE; the downside threshold for each Underlier is 60% of its starting value. If automatically called on a calculation day where the lowest-performing Underlier is ≥ its starting value, holders receive face amount plus accrued contingent coupons; if not called, maturity payment equals $1,000 or, if the lowest-performing Underlier’s ending value is below its downside threshold, $1,000 × performance factor (full downside exposure). Agent discount is $23.25 per security; proceeds to issuer $976.75 per security. Payments are subject to Bank of Montreal credit risk and complex tax treatment; withholding may apply to non-U.S. holders.

Bank of Montreal priced Market Linked Securities—auto-callable notes due March 22, 2029 linked to the lowest performing of Alphabet Inc. (GOOGL), iShares Russell 2000 Value ETF (IWN) and State Street Financial Select Sector SPDR ETF (XLF). The notes have a face amount of $1,000, an estimated initial value of $972.67 and an original offering price of $1,000. The contingent coupon rate is 13.85% per annum with monthly contingent coupon observations beginning April 2026; coupon and downside threshold values equal 65% of each Underlier’s starting value (GOOGL start $307.69, IWN start $185.67, XLF start $48.97). If, on any specified monthly calculation day from September 2026 through February 2029, the lowest performing Underlier closes at or above its starting value the securities will be automatically called for face amount plus accrued contingent coupon(s). If not called, maturity payment depends solely on the lowest performing Underlier’s ending value: the face amount is preserved only if that lowest performing Underlier’s ending value is at or above its downside threshold; if below, the maturity payment equals $1,000 multiplied by that Underlier’s performance factor, exposing holders to up to a full loss of principal. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk; tax treatment is uncertain and withholding may apply to non-U.S. holders.

Bank of Montreal (we) is issuing Senior Medium-Term Notes, Series K — Redeemable Fixed Rate Notes due March 24, 2031. The Notes pay interest at 4.95% per annum, payable semi‑annually on the 24th of March and September, commence September 24, 2026, and have an Issue Date of March 24, 2026.

The Notes have a principal amount of $1,000 per Note, an Original Issue Price of $1,000.00 per Note, an underwriting discount of $5.00 per Note and proceeds to Bank of $995.00 per Note. 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. The Notes are bail-inable and subject to conversion under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act.

Bank of Montreal offers additional Travel -3X Inverse Leveraged ETNs with an aggregate principal amount of $200,037,500, bringing the tranche to $250,000,000 outstanding as of March 19, 2026.

These exchange-traded notes (ticker: FLYD) provide a daily, -3x inverse exposure to the MerQube U.S. Travel Index, reset 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 up to 4.00%) and a 0.125% Redemption Fee. The notes are unsecured obligations of Bank of Montreal, not principal-protected, intended as short-term daily trading tools, and may lose all value.