Bank of Montreal 424B Filings

Bank of Montreal is offering Senior Medium-Term Notes, Series K: redeemable fixed-rate notes with a 4.65% per annum coupon and a stated maturity of May 13, 2031. The Notes are issued at $1,000.00 per Note with proceeds to the issuer of $985.00 per Note and an underwriting discount of $15.00 per Note. The Issue Date is May 26, 2026 and Interest is payable semi-annually on May 26 and November 26, with the first interest payment on November 26, 2026. The Notes are redeemable by the issuer on specified semi-annual Optional Redemption Dates and are not listed on any exchange. These Notes are bail-inable under the Canada Deposit Insurance Corporation Act and may be converted into common shares under the CDIC Act.

Bank of Montreal is offering US$1,285,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the MerQube US Large‑Cap Vol Advantage Index (MQUSLVA). The Pricing Date is May 08, 2026, Settlement Date May 15, 2026 and Maturity Date May 13, 2032.

The notes are unsecured senior obligations and pay an automatic redemption if the MQUSLVA closing level on any Observation Date is >= the Call Level (3,674.38). The Trigger Level is 2,161.40 (50.00% of the Initial Level). Estimated initial value is $923.46 per $1,000. Payment at maturity depends on the MQUSLVA Final Level; if a Trigger Event occurs, holders may receive less than principal.

Bank of Montreal is offering US$1,440,000 in Senior Medium-Term Notes, Series K: autocallable, step-down, barrier notes linked to the MerQube US Tech+ Vol Advantage Index (MQUSTVA), priced May 8, 2026 with settlement May 13, 2026 and maturity May 13, 2031. The notes pay scheduled automatic redemption amounts on specified Observation Dates if the Reference Asset closes at or above the Call Level; if not called, maturity pay depends on the Final Level versus a Trigger Level of 8,848.76 (60.00% of the Initial Level). The cover lists a public offering price of 100%, an agent’s commission of 5.00% ($72,000), proceeds to the issuer of 95.00% ($1,368,000), and an estimated initial value of $878.70 per $1,000.

The structure exposes investors to index rules (weekly leverage resets, a 6.0% per annum daily deduction, and a notional financing cost tied to SOFR plus 0.5%). If a Trigger Event occurs at maturity, final payment equals $1,000 plus the Percentage Change, which can be less than principal. Read the prospectus supplement and product supplement for detailed risk factors and tax treatment.

Bank of Montreal priced $6,306,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes with contingent coupons due May 17, 2032, linked to the least performing of the S&P 500®, Russell 2000® and Dow Jones Industrial Average®. The notes pay a contingent coupon of 2.575% per quarter (approximately 10.30% per annum) when each reference asset on an Observation Date is at or above its Coupon Barrier equal to 75.00% of its Initial Level. The notes are callable by the issuer beginning on May 12, 2027. At maturity (if not called), investors receive $1,000 per $1,000 principal unless a Trigger Event occurs; if a Trigger Event occurs the maturity payment equals $1,000 adjusted by the Percentage Change of the least performing reference asset and may be less than principal. Pricing date was May 08, 2026, settlement May 15, 2026, valuation date May 12, 2032. The estimated initial value on the Pricing Date was $982.38 per $1,000. The notes are unsecured and not deposit insurance protected.

Bank of Montreal priced US$2,401,000 of Senior Medium-Term Notes, Series K — Step Down Autocallable Barrier Notes — with a Pricing Date of May 08, 2026, a Settlement Date of May 15, 2026, a Valuation Date of May 12, 2031 and a Maturity Date of May 15, 2031.

The notes are linked to the least performing of the S&P 500®, Russell 2000® and the Dow Jones Industrial Average®. They feature quarterly observation dates beginning May 12, 2027 with autocall tests at 90.00% of initial levels and a final trigger at 80.00% of initial levels; the estimated initial value was $980.37 per $1,000 principal.

Bank of Montreal priced US$3,232,000 Series K Senior Medium-Term Notes (Autocallable Barrier Notes) linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®. Pricing Date: May 08, 2026; Settlement Date: May 13, 2026; Valuation Date: August 10, 2027; Maturity Date: August 13, 2027. The notes pay a contingent monthly coupon of 1.0208% (approximately 12.25% per annum) if each reference index is at or above its Coupon Barrier on an Observation Date, and include a Memory Coupon Feature and an automatic redemption (autocall) if all indices are at or above their Call Levels on an Observation Date beginning November 10, 2026. Price to public is 100% and the document reports an estimated initial value of $986.60 per $1,000.

Bank of Montreal (BMO) priced $782,000 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. Pricing Date was May 08, 2026 and settlement is May 13, 2026. The notes pay a monthly contingent coupon of 0.6167% (approximately 7.40% per annum) if each reference asset on an Observation Date is at or above its 70% Coupon Barrier. The notes mature on May 13, 2031 unless automatically redeemed earlier upon each reference asset trading at or above its Call Level. At maturity, if any Reference Asset is below its Trigger Level (70% of Initial Level), holders suffer downside tied to the Least Performing Reference Asset; examples show principal loss commensurate with the percentage decline (e.g., a Final Level of 69.99% of Initial Level yields $699.90 per $1,000 principal). The estimated initial value on the Pricing Date was $944.54 per $1,000.

Bank of Montreal is offering US$1,000,000 in Senior Medium-Term Notes, Series K, an autocallable barrier note linked to the common stock of Revolution Medicines, Inc. (RVMD). The Pricing Date is May 08, 2026, Settlement Date May 13, 2026, Valuation Date May 10, 2028, and Maturity Date May 15, 2028. The notes pay a monthly contingent coupon of 1.4167% (~17.00% per annum) when the Reference Asset on an Observation Date is at or above the Coupon Barrier of $85.09 (60.00% of the Initial Level). The Initial Level is $141.81. Beginning on November 11, 2026, the notes are subject to automatic redemption if the Reference Asset closes at or above the Call Level (100% of the Initial Level) on an Observation Date; in that case investors receive principal plus the then-due coupon on the Call Settlement Date. If not auto‑redeemed, maturity payoff is $1,000 per note unless the Final Level is below the Trigger Level ($85.09), in which case payment equals $1,000 plus $1,000×Percentage Change and may be substantially less. The estimated initial value on the Pricing Date was $955.57 per $1,000. The public offering price was 100% (agent’s commission 2.35%, proceeds to BMO 97.65%).

Bank of Montreal priced US$1,000,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to Bloom Energy Corporation Class A common stock (BE). The notes mature on May 15, 2029, have an Initial Level of $258.64, and pay a contingent quarterly coupon of 8.75% per quarter (approximately 35.00% per annum) if the Reference Asset meets quarterly Coupon Barrier conditions. The notes are automatically redeemable beginning on November 11, 2026 if the Reference Asset closes above the Call Level. At maturity, if the Final Level is below the Trigger Level ($129.32, 50.00% of the Initial Level), investors receive a reduced cash payment equal to $1,000 × Percentage Change plus any unpaid contingent coupons under the Memory Coupon feature. The public offering price was 100% of principal (agents’ commission 2.35%), and the issuer’s estimated initial value was $945.67 per $1,000 principal.

Bank of Montreal is offering US$2,500,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons linked to the Class A common stock of Palantir Technologies Inc. (ticker: PLTR). The notes price at 100% of principal with proceeds to the bank of 97.65% ($2,441,250). Key dates: Pricing Date May 08, 2026, Settlement Date May 13, 2026, Valuation Date May 09, 2029, Maturity Date May 14, 2029.

The notes pay contingent quarterly coupons of 3.825% per quarter (~15.30% per annum) when the Reference Asset closes at or above the Coupon Barrier ($68.90, 50% of the Initial Level). They are autocallable beginning on November 11, 2026 if the Reference Asset meets the Call Level. At maturity, if the Final Level is below the Trigger Level ($68.90), investors receive $1,000 plus $1,000 x Percentage Change, which can be less than principal; physical shares will not be delivered.

Bank of Montreal priced US$265,000 aggregate principal of Senior Medium-Term Notes, Series K — Buffer Enhanced Return Notes due May 15, 2028, linked to the least performing of the S&P 500® and the NASDAQ-100®. The notes provide 105.00% upside leverage if the least performing reference asset finishes at or above its initial level. If the least performing reference asset falls more than 10.00% (the Buffer Percentage), investors lose 1% of principal for each additional 1% decline, with potential principal loss up to 90.00%. The notes were sold at 100% (public offering price) and bear no interest; all payments are subject to Bank of Montreal credit risk. The initial estimated value was $975.92 per $1,000.

Bank of Montreal (BMO) priced US$985,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the least performing of Mastercard (MA), American Express (AXP) and Visa (V). The Pricing Date was May 08, 2026, Settlement Date May 13, 2026, Valuation Date May 08, 2028 and Maturity Date May 11, 2028.

The notes pay a Contingent Interest Rate of 3.00% per quarter (approximately 12.00% per annum) when each Reference Asset closes on or above its Coupon Barrier Level on an Observation Date, and unpaid coupons can be paid later under the Memory Coupon Feature. The notes automatically redeem if, on any Observation Date beginning August 10, 2026, each Reference Asset closes at or above its Call Level (100% of Initial Level). If not called, maturity payment depends on the Least Performing Reference Asset: if its Final Level is at or above the Trigger Level (60% of Initial Level), investors receive par; if below, investors receive a Physical Delivery Amount (shares) or Cash Delivery Amount tied to the Least Performing Reference Asset. The pricing supplement discloses an estimated initial value of $982.40 per $1,000 principal.

Bank of Montreal priced Senior Medium-Term Notes, Series K — redeemable fixed-rate notes. The offering is structured as notes with a $1,000 principal amount per note, a 4.35% fixed interest rate paid semi-annually and a stated maturity of November 20, 2028. Interest payments commence November 20, 2026. The notes are redeemable by the issuer on semi-annual Optional Redemption Dates at 100% of principal plus accrued interest. The original issue price is $1,000.00 per note with an underwriting discount of $10.00, leaving proceeds of $990.00 per note to Bank of Montreal. These are unsecured, bail-inable notes subject to conversion under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act.

Bank of Montreal is offering structured, non‑interest bearing callable notes linked to the iShares® MSCI Emerging Markets ETF (EEM). Each note has a $1,000 principal amount and an original issue price of $1,000; proceeds to the issuer are listed as $980 per note.

The notes may be automatically called ~12–14 months after the trade date for a cash payment equal to principal plus a call premium (12.22%–14.34%). If not called, final payout at expected ~24 months depends on the ETF's performance: investors receive either (a) principal plus the greater of a maturity premium (24.44%–28.68%) or 200% of the ETF return if the ETF finishes at or above its initial level; (b) full principal if the final level is ≥80% of the initial level; or (c) a proportional loss equal to the percentage decline below the initial level if the final level is below 80% (i.e., full downside exposure).

Bank of Montreal priced $627,000 of Senior Medium-Term Notes, Series K, redeemable fixed rate notes due April 29, 2031. The Notes pay a 4.55% fixed annual interest, pay semi-annually, are issued in $1,000 denominations and are redeemable by the Bank on semi-annual Optional Redemption Dates beginning May 13, 2027. The Notes are bail-inable under the CDIC Act and are unsecured obligations subject to the Bank’s credit risk.

Bank of Montreal (BMO) priced $323,000 aggregate Senior Medium-Term Notes, Series K, fixed-rate, with a 4.80% per annum coupon. The Notes pay interest semi‑annually, mature on April 29, 2033, and are redeemable at the issuer's option on semi‑annual Optional Redemption Dates at 100% of principal.

The Notes are bail-inable under Canadian law (subsection 39.2(2.3) of the CDIC Act) and may be converted, in whole or in part, into common shares under that regime. The offering was sold at an original issue price of $1,000.00 per Note with an underwriting discount of $12.00 per Note, yielding proceeds to the issuer of $988.00 per Note (total proceeds $319,124.00).

Bank of Montreal offers Market Linked Securities linked to Oklo Inc. common stock with an auto-callable, contingent-coupon and principal-at-risk structure. The securities have a face amount of $1,000 per security and were offered at $1,000 per security, aggregating $4,563,000 in original offering price.

The securities pay monthly contingent coupons at a 32.50% per annum rate if the Underlier meets the coupon threshold of $43.506 (60% of the starting value $72.51). If not called, maturity pays $1,000 if the ending value is >= the downside threshold ($43.506), or $1,000 × (ending/starting) if below, exposing holders to full downside past 40% loss.

Bank of Montreal is offering principal-protected contingent notes linked to the iShares Expanded Tech-Software Sector ETF (IGV) with a stated maturity of May 19, 2027 (subject to postponement). For each $1,000 principal amount, investors will receive $1,184.20 if the final underlier level is at least 90.00% of the initial level ($90.85). If the final level is below that threshold ($81.765), investors lose approximately 1.1111% of principal for each 1% the underlier is below the threshold, potentially losing some or all principal. The notes do not pay interest, are unsecured obligations of Bank of Montreal, are not listed, and have an estimated initial value of $981.83 per $1,000 principal. Sales reflect an original issue price of $1,000 with an underwriting discount of $7.70 per note and proceeds to the issuer of $992.30 per note.

Bank of Montreal priced a US$1,000,000 offering of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to the least performing of the S&P 500, EURO STOXX 50 and Russell 2000. The notes mature on May 12, 2031 with a valuation date of May 07, 2031 and settle on May 12, 2026.

The notes pay a contingent coupon of 2.14% per quarter (approximately 8.56% per annum) when, on each Observation Date, every reference asset is at or above its Coupon Barrier Level (each set at 70.00% of its Initial Level). Beginning on May 07, 2027, the notes can autocall if each reference asset is at or above its Call Level (100% of Initial Level) on an Observation Date; if autocalled, investors receive principal plus the contingent coupon then due. At maturity, if not called, payment depends on the Percentage Change of the least performing reference asset; a Trigger Event occurs if any Final Level is below its Trigger Level (70.00% of Initial Level), reducing principal pro rata.

Bank of Montreal (BMO) priced US$732,000 aggregate principal amount of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due May 12, 2032, linked to the least performing of the S&P 500®, Russell 2000® and Dow Jones Industrial Average®. The notes pay a contingent coupon of 0.7292% per month (approximately 8.75% per annum) when each reference asset on an Observation Date is at or above its coupon barrier. The notes are callable by the issuer beginning May 07, 2027 on any Observation Date. At maturity, if any Reference Asset’s Final Level is below its trigger level, holders receive $1,000 × (1 + 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 $976.50 per $1,000 principal. The public offering price was 100% (and between $992.50 and $1,000 per $1,000 for certain fee-based accounts).

Bank of Montreal priced US$3,650,000 in Senior Medium-Term Notes, Series K: Autocallable Barrier Notes due April 12, 2028, linked to the least performing of the shares of Invesco QQQ Trust (QQQ) and Global X Copper Miners ETF (COPX). Pricing Date was May 07, 2026 and Settlement Date is May 12, 2026. The notes pay a monthly Contingent Coupon of 1.20% (approximately 14.40% per annum) if on an Observation Date each Reference Asset is at or above its Coupon Barrier (60% of Initial Level). Initial Levels: QQQ $694.94, COPX $82.61. Coupon Barrier levels: QQQ $416.96, COPX $49.57. Trigger Levels (50%): QQQ $347.47, COPX $41.31. Automatic redemption may occur beginning August 07, 2026 if both Reference Assets close at or above their Call Level (100% of Initial Level). If not autocalled, final payment equals $1,000 adjusted by the Percentage Change of the Least Performing Reference Asset; a Trigger Event can reduce principal at maturity down to zero. Estimated initial value on the Pricing Date was $974.40 per $1,000 principal amount. The public offering price was 100% (fee-based accounts between $981.25 and $1,000 per $1,000). Cash-only settlement at maturity; tax treatment is described as pre-paid contingent income-bearing derivative contract.

Bank of Montreal priced US$2,150,000 in Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons due May 14, 2029, linked to the least performing of Apple (AAPL), Amazon (AMZN) and Micron (MU). The notes pay a contingent quarterly coupon of 7.145% (approximately 28.58% per year) if each reference asset meets its coupon barrier on observation dates, include an automatic redemption if all reference assets close at or above their initial levels on an observation date, and deliver cash or shares at maturity if the least performing reference asset is below its trigger level. The pricing date was May 07, 2026, settlement on May 12, 2026, and valuation date on May 09, 2029. The estimated initial value on pricing was $4,646.55 per $5,000 principal amount.

Bank of Montreal (BMO) priced US$10,000,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Memory Coupons due November 12, 2027. The notes pay a contingent monthly coupon of 1.2083% (≈14.50% annually) when each reference index closes at or above its coupon barrier. The estimated initial value on the Pricing Date was $990.48 per $1,000 principal. The notes are linked to the least performing of the EURO STOXX 50®, NASDAQ-100® and Russell 2000®. A Trigger Event (an index closing below its 70% Trigger Level during the Monitoring Period) can produce a principal loss at maturity tied to the percentage change of the least performing reference asset. The notes are callable by BMO beginning October 08, 2026. Payment at maturity depends on index performance; contingent coupons (including any unpaid amounts under the Memory Coupon Feature) are payable if conditions are met.

Bank of Montreal priced US$750,000 Senior Medium‑Term Notes, Series K — "Bearish Notes" — linked to the State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP). The notes provide 200.00% downside leverage to any depreciation in the Reference Asset up to a Maximum Redemption Amount of $1,390.00 per $1,000. The Initial Level was $169.33 (Strike Date May 06, 2026), the Valuation Date is May 10, 2027, and the Maturity Date is May 13, 2027. The notes pay no interest, are unsecured obligations of the Bank, and are payable only in cash. The public offering aggregated US$750,000; the issuer's estimated initial value was $968.12 per $1,000. All payments are subject to the Bank of Montreal's credit risk.

Bank of Montreal priced a preliminary offering of non‑interest bearing, S&P 500®‑linked principal‑protected notes. Each note has a $1,000 principal amount and a term with a determination date expected within the range of 23 and 26 months after the trade date and a stated maturity date shortly thereafter. The notes pay a cash settlement based on the S&P 500® Index performance: 150% upside participation subject to a maximum settlement amount (expected between $1,200.25 and $1,234.90 per $1,000). A buffer protects against declines up to 15.00%; declines beyond that expose holders to proportional principal losses (approximately 1.1765% loss per 1% decline below the buffer). The notes are unsecured obligations of Bank of Montreal, not FDIC‑insured, not listed, and intended to be held to maturity.

Bank of Montreal priced a preliminary offering of senior medium-term, equity-linked, auto-callable notes due May 23, 2029 linked to the lowest performing of META, NVDA and UNH. The original offering price is $1,000 per security; the estimated initial value is $966.80 (not less than $917.00 at pricing). The securities pay monthly contingent coupon payments (the contingent coupon rate will be at least 19.40% per annum) only if the lowest performing underlier meets its coupon threshold. The notes are subject to automatic call if the lowest performing underlier meets its call threshold on a calculation day. At maturity, if not called, payment depends on the lowest performing underlier’s ending value relative to its downside threshold (60% of starting value), exposing holders to possible loss of more than 40% of principal. Payments are unsecured obligations of Bank of Montreal and subject to issuer credit risk.

Bank of Montreal priced a preliminary offering of Senior Medium-Term Notes, Series K: equity-linked, market‑linked securities due May 23, 2029 tied to the lowest performing shares of Intel (INTC), Meta (META) and NVIDIA (NVDA). The offering price is $1,000 per security with an estimated initial value of $966.70 (not less than $917.00 at pricing). Pricing date is May 18, 2026 and issue date is May 21, 2026.

The notes pay monthly contingent coupons (contingent coupon rate at least 23.16% per annum) subject to the lowest performing Underlier meeting coupon thresholds; an automatic call can occur if the lowest performing Underlier meets its call threshold on certain monthly calculation days. At maturity investors receive the face amount unless the lowest performing Underlier’s ending value is below its downside threshold (50% of starting value), in which case principal is reduced proportionally. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk; tax treatment is uncertain.

Bank of Montreal priced a preliminary offering of Senior Medium-Term Notes, Series K: market-linked, auto-callable securities linked to the lowest performing of AMD, CrowdStrike (CRWD) and Oracle (ORCL). Pricing date is May 14, 2026, issue date May 19, 2026, stated maturity May 17, 2029. The original offering price and face amount are $1,000 per security; the issuer’s estimated initial value is $963.90 and will not be less than $915.00 at pricing. The securities pay monthly contingent coupons (contingent coupon rate at least 24.10% per annum) subject to a memory feature and are automatically called if the lowest performing underlier meets or exceeds its starting value on certain calculation days. If not called, principal at maturity depends solely on the lowest performing underlier: a downside threshold equals 50% of starting value, exposing holders to loss of principal if that underlier falls below the threshold. The notes are unsecured obligations of Bank of Montreal and carry issuer credit risk.

Bank of Montreal (BMO) is offering senior medium-term, equity-linked, auto-callable notes due May 25, 2029 that reference the lowest performing of Alphabet (GOOGL), Micron (MU) and NVIDIA (NVDA). The original offering price is $1,000 per security; the estimated initial value at the preliminary pricing date was $965.10 (not less than $915.00). These securities pay monthly contingent coupons (contingent coupon rate at least 25.10% per annum) only if the lowest performing Underlier meets its coupon threshold on a calculation day. If a calculation day shows the lowest performing Underlier at or above its starting value, the securities will be automatically called and redeemed at face amount plus accrued contingent coupons. At maturity, if not called, the investor receives $1,000 if the lowest performing Underlier is at or above its downside threshold (50% of starting value); otherwise the maturity payment equals $1,000 multiplied by that Underlier’s performance factor, exposing holders to >50% principal loss. Payments are unsecured obligations of BMO and subject to BMO credit risk.

Bank of Montreal priced a primary offering of structured senior medium-term notes: Market Linked Securities—Auto-Callable with Contingent Coupon (with memory) and Contingent Downside Principal at Risk linked to the lowest performing common stock of Intel, Palantir and UnitedHealth.

The securities have an original offering price of $1,000 per security, an estimated initial value of $957.80 (not less than $915.00 at pricing), a contingent coupon rate of at least 26.00% per annum, monthly observation dates starting June 2026, and a stated maturity date of May 17, 2029. Payments and any call feature depend on the performance of the lowest performing Underlier; if not called, principal at maturity can be less than face amount and may be reduced to $0 if the lowest performing Underlier falls to 0% of its starting value. Pricing date is May 14, 2026 and issue date is May 19, 2026. The securities are unsecured obligations of Bank of Montreal and subject to issuer credit risk.

Bank of Montreal is offering auto-callable, equity-linked senior medium-term notes with contingent monthly coupons and downside principal risk tied to the lowest performing share of DexCom (DXCM), NIKE (NKE) Class B and ServiceNow (NOW). The securities have a face amount of $1,000 per security, a pricing date of May 29, 2026, an issue date of June 3, 2026 and a stated maturity date of June 1, 2029. The contingent coupon rate will be set on the pricing date and will be at least 27.20% per annum. The initial estimated value is $954.50 per security (not less than $910.00), the agent discount is $23.25 and proceeds to Bank of Montreal are $976.75 per security. Principal repayment at maturity depends on the ending value of the lowest performing Underlier relative to its 60% downside threshold; if below that threshold, the maturity payment equals $1,000 multiplied by the performance factor of the lowest performing Underlier, and investors may lose more than 40% (possibly all) of principal.

Bank of Montreal (BMO) priced a US$260,000 issuance of Senior Medium-Term Notes, Series K — Barrier Notes linked to the Class B common stock of Paramount Skydance Corporation (ticker PSKY). The notes pay contingent quarterly coupons of 2.925% per quarter (approximately 11.70% per annum) if the Reference Asset closes at or above a coupon barrier of $5.46 (50.00% of the Initial Level) on each Observation Date. The notes mature on May 11, 2028, pay cash at maturity based on the Final Level versus the Initial Level, and return less than principal if a Trigger Event occurs (Final Level < Trigger Level). The public offering price was 100% and the estimated initial value was $927.12 per $1,000.

Bank of Montreal is offering US$450,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to Tesla, Inc. common stock — due May 11, 2028. The notes pay a monthly coupon of 1.0125% per month (approximately 12.15% per annum) and feature automatic redemption beginning May 06, 2027 if the reference asset closes at or above its Call Level. If not called, payment at maturity depends on Tesla's Final Level relative to a Trigger Level of $215.88 (55.00% of the Initial Level). The notes pay cash only and had an estimated initial value of $976.88 per $1,000 on the Pricing Date.

Bank of Montreal is offering US$2,513,000 aggregate principal of Senior Medium-Term Notes, Series K — Capped Buffer Enhanced Return Notes due May 11, 2029 linked to the shares of the iShares® MSCI EAFE ETF (EFA). The notes provide 150.00% upside participation in any appreciation of the Reference Asset, capped by a $1,513.00 Maximum Redemption Amount per $1,000 principal. If the Reference Asset falls more than the 15.00% buffer, investors lose 1% of principal per 1% decline beyond that buffer, with maximum principal loss of 85.00%. Notes pay no interest, are unsecured obligations of Bank of Montreal, payable only in cash, and carry issuer credit risk. The issuer's initial estimated value was $993.97 per $1,000.

Bank of Montreal (BMO) priced US$3,600,000 Senior Medium-Term Notes, Series K — Callable Barrier Notes linked to Meta Platforms, Inc. Class A common stock ("META"). The notes pay a coupon of 0.7917% per month (≈9.50% per annum), have an Initial Level of $604.96, a Trigger Level of $302.48 (50.00% of Initial Level), a Pricing Date of May 05, 2026, Settlement Date May 08, 2026, Valuation Date May 03, 2028, and Maturity Date May 08, 2028. The public offering price is 100% of principal and the issuer's estimated initial value is $992.37 per $1,000. If Final Level on the Valuation Date is below the Trigger Level, holders receive a cash amount equal to $1,000 × (Final Level/Initial Level) plus the final Coupon; otherwise holders receive $1,000 plus the final Coupon. The notes are unsecured obligations of BMO and bear the issuer's credit risk.

Bank of Montreal is offering US$540,000 of Senior Medium-Term Notes, Series K Barrier Notes linked to the common stock of BridgeBio Pharma, Inc. The notes pay a Coupon of 1.8125% per month (approximately 21.75% per annum), have an Initial Level of $68.78 and a Trigger Level of $51.59 (75.00% of Initial Level). Pricing Date is May 05, 2026, Settlement Date May 08, 2026, Valuation Date November 04, 2026, and Maturity Date November 09, 2026. If the Reference Asset closes below the Trigger Level during the Monitoring Period, investors may receive a reduced Physical Delivery Amount in shares (or a Cash Delivery Amount) at maturity. The estimated initial value on the Pricing Date was $955.44 per $1,000 in principal.

Bank of Montreal priced an offering of US$5,548,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the common stock of Carnival Corporation (CCL). The notes pay contingent monthly coupons of 1.32% per month (approximately 15.84% per annum) if the reference stock meets the coupon barrier on observation dates and are callable beginning November 04, 2026. Maturity is June 08, 2027; if not autocalled, principal repayment at maturity depends on Carnival’s final share level relative to a $14.43 trigger/barrier (56.00% of the Initial Level). The public offering price was 100% (with certain advisory accounts offered between $978.50 and $1,000 per $1,000). The issuer estimated an initial value of $959.72 per $1,000 on the pricing date.

Bank of Montreal offered US$2,330,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes — linked to CoreWeave, Inc. Class A common stock ("CRWV"). The notes price on May 05, 2026, settle May 08, 2026, and mature November 08, 2027. They pay a Contingent Coupon of 2.775% per month (approximately 33.30% per annum) when the Reference Asset closes at or above a Coupon Barrier of $76.73 on Observation Dates. Beginning August 05, 2026 the notes are autocallable 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 the Final Level is below the Trigger Level of $63.95 (50% of the Initial Level), holders receive a declining cash amount tied to the percentage change in the Reference Asset; otherwise they receive full principal. The cover discloses an estimated initial value of $938.62 per $1,000. Terms are subject to the product supplement, prospectus supplement and standard market‑disruption and anti‑dilution adjustments.

Bank of Montreal (BMO) priced $381,000 aggregate principal of Senior Medium-Term Notes, Series K: Barrier Enhanced Return Notes due May 08, 2031 linked to the S&P 500® Futures Excess Return Index. The notes offer 195.75% upside leverage if the Reference Asset finishes at or above its Initial Level (Initial Level: 584.86). If the Final Level is below the Barrier Level of 292.43 (50.00% of the Initial Level), investors lose 1% of principal for each 1% decline below the Initial Level, potentially losing up to 100% at maturity. Notes pay no interest, are unsecured obligations of BMO, will not be listed, and are subject to BMO credit risk. Price to public was 100% (aggregate $381,000); estimated initial value was $969.31 per $1,000 principal.

Bank of Montreal is offering Senior Medium-Term Notes, Series K: market-linked, principal-return notes tied to the SPDR® Gold Trust (GLD) maturing on May 31, 2030. Each note has a $1,000 original offering price and an estimated initial value of $952.30 (not less than $920.00 at pricing). On maturity you receive $1,000 plus the lesser of (i) the underlier return × 100% participation of $1,000 and (ii) a maximum return to be set at pricing, which will be at least 35.70% (at least $357.00), so the maximum maturity payment will be at least $1,357.00. Notes do not pay interest, are unsecured obligations of Bank of Montreal, and are subject to issuer credit risk. Pricing date is May 28, 2026, issue date June 2, 2026. The notes are complex, not exchange listed, and may have limited secondary market liquidity.

Bank of Montreal (BMO) offers Senior Medium-Term Notes, Series K: redeemable fixed-rate notes paying 5.00% per annum with a $1,000 per Note principal and stated maturity on November 18, 2031. Trade Date is May 14, 2026 and Issue Date is May 18, 2026. The issuer may redeem the Notes monthly on the 18th at 100% of principal plus accrued interest. The Notes are unsecured, not listed, and are bail-inable under the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under the CDIC Act. Original issue price per Note is $1,000.00 with an underwriting discount of $12.50, producing proceeds of $987.50 per Note. Holders bear BMO credit risk and limited secondary-market liquidity; the Notes are not repayable at holders' option.

Bank of Montreal is offering senior medium-term, EURO STOXX 50® index-linked notes due June 1, 2029, sold at an original offering price of $1,000 per note. The notes pay no interest and at maturity return principal plus upside participation in the Underlier up to a maximum return of at least 25.90% (at least $259.00 per note), with an upside participation rate of 100%. Pricing date is May 28, 2026 and issue date is June 2, 2026. The initial estimated value on the preliminary pricing supplement is $957.60 per note (will not be less than $920.00 at pricing). Payments are unsecured obligations of Bank of Montreal and subject to issuer credit risk; secondary market liquidity is not expected.

Bank of Montreal (BMO) priced US$1,698,000 of Senior Medium-Term Notes, Series K — Contingent Risk Absolute Return Buffer Notes due August 09, 2027, linked to the S&P 500® Futures Excess Return Index. The notes offer 1:1 upside participation subject to a Maximum Redemption Amount of $1,150.80 per $1,000 (a 15.08% capped return), and a 15.00% buffer (Buffer Level = 85.00% of the Initial Level) that provides limited protection for declines up to that threshold. If the Reference Asset falls more than the buffer, investors lose 1% of principal for each 1% decline beyond 15.00%, up to an 85.00% loss. The notes are unsecured obligations of BMO, non-interest bearing, not exchange-listed, and subject to BMO credit risk.

Bank of Montreal priced US$1,638,000 of Senior Medium-Term Notes, Series K — Contingent Risk Absolute Return Buffer Notes linked to the NASDAQ-100 Index®. The notes mature on August 09, 2027 (pricing date May 04, 2026, settlement May 07, 2026) and do not pay interest.

Key pay‑off features: 100% upside participation subject to a Maximum Redemption Amount of $1,135.40 per $1,000 (13.54%); a Buffer Level equal to 85.00% of the Initial Level (Initial Level 27,651.82, Buffer Level 23,504.05); investors receive a positive absolute return if Final Level ≥ Buffer Level. If the Final Level is below the Buffer Level, holders lose 1% of principal for each 1% decline beyond the 15.00% buffer and may lose up to 85.00% of principal. All payments are subject to Bank of Montreal credit risk.

Bank of Montreal (BMO) offers US$1,665,000 of Senior Medium-Term Notes, Series K — Contingent Risk Absolute Return Buffer Notes linked to the Russell 2000® Index that mature on August 09, 2027. The notes provide 1-to-1 upside participation capped by a Maximum Redemption Amount of $1,147.50 per $1,000 (14.75%). If the index falls but remains at or above the Buffer Level (85.00% of the Initial Level), investors receive a positive payoff up to a Maximum Downside Redemption Amount of $1,150.00 per $1,000. If the Final Level is below the Buffer Level, investors incur losses of 1% of principal for each 1% the index declines beyond the 15.00% buffer, potentially losing up to 85.00% of principal. The notes pay no interest, are unsecured obligations of BMO, and all payments depend on BMO's credit. The initial estimated value was $984.08 per $1,000 on the pricing date.

Bank of Montreal priced US$1,712,000 of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Contingent Coupons linked to the common stock of The Clorox Company (CLX). The Pricing Date was May 04, 2026; Settlement is May 07, 2026

The notes pay a contingent coupon of 0.93% per month (approximately 11.16% per annum) when the Reference Asset closes on an Observation Date at or above the Coupon Barrier Level. The notes mature on June 07, 2027 unless automatically redeemed earlier upon the Call Level being met. The pricing supplement states an estimated initial value of $959.12 per $1,000 on the Pricing Date and discloses a public offering price of 100% (with certain fee-based accounts offered between $993.50 and $1,000 per $1,000).

Bank of Montreal priced US$12,042,000 Senior Medium-Term Notes, Series K, Callable Barrier Notes with Contingent Coupons due May 07, 2031 linked to the least performing of the S&P 500®, EURO STOXX 50® and Russell 2000®. The notes pay a contingent coupon of 0.85% per month when each reference asset closes at or above its coupon barrier on observation dates and are callable by the issuer beginning May 04, 2027. Estimated initial value was $980.87 per $1,000 on the pricing date and the public offering price was 100% (with certain fee-based accounts offered between $992.50 and $1,000 per $1,000). Payment at maturity depends on the performance of the least performing reference asset and may result in principal loss if a trigger event occurs.

Bank of Montreal priced a preliminary offering of equity index linked senior medium-term notes (market-linked, auto-callable, contingent coupon) with an original offering price of $1,000 per security. The pricing date is May 18, 2026, issue date May 21, 2026, and stated maturity is November 24, 2028.

Proceeds to Bank of Montreal are $976.75 per security (agent discount up to $23.25). The contingent coupon rate will be set on the pricing date and will be at least 7.05% per annum. Payments and principal at maturity depend on the performance of the lowest performing of the Dow Jones Industrial Average®, the Nasdaq-100® and the S&P 500® (downside threshold = 60% of starting value); automatic call and contingent coupon mechanics are described in the pricing supplement.

Bank of Montreal priced a preliminary offering of Senior Medium-Term Notes, Series K—Equity Index Linked Securities linked to the EURO STOXX 50® Index due December 4, 2029. The securities have a face amount of $1,000 per security and an original offering price of $1,000 per security. On the preliminary pricing date the issuer’s estimated initial value was $957.00 per security, with an indicated floor at pricing of $920.00 per security. The agent discount is up to $28.25 per security and proceeds to Bank of Montreal per security are $971.75. Payment at maturity depends on the Underlier return, an upside participation rate to be set at pricing (at least 155.00%), and a threshold value equal to 75% of the starting value; if the ending value is below the threshold, investors bear full downside exposure. This is a preliminary pricing supplement; final terms will appear in the final pricing supplement.