Bank of Montreal 424B Filings

Bank of Montreal is offering Accelerated Return Notes® linked to the EURO STOXX 50® Index due June 25, 2027 with a public offering price of $10.00 per unit and aggregate offering size of $43,088,540.00. The notes pay a leveraged upside at a 300% Participation Rate up to a Capped Value of $12.148 per unit (21.48% return). If the Index declines, principal is at risk; redemption depends on the average Ending Value during the June 16–22, 2027 valuation period. The initial estimated value on the pricing date was $9.72 per unit, below the public offering price.

Bank of Montreal offers EURO STOXX 50®-linked notes (Series K) with a face amount of $1,000 per security. The pricing date is April 23, 2026 and the stated maturity date is April 27, 2028. The securities provide 150% upside participation up to a maximum return of 26.62% (maximum maturity payment $1,266.20). A 15% buffer protects against losses up to 15% of the starting value; declines beyond the threshold (85% of starting value) produce 1-to-1 downside, potentially reducing the face amount by up to 85%. The issuer estimated an initial value of $969.67 per security and will receive proceeds of $974.25 per security after an agent discount of $25.75. These are unsecured obligations of Bank of Montreal and carry issuer credit risk; tax treatment is uncertain for U.S. holders.

Bank of Montreal is offering $3,000,000 of Trigger Autocallable Contingent Yield Notes due April 25, 2029, linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. The notes pay a 12.06% per annum contingent coupon quarterly if each index equals or exceeds a 75% coupon barrier on observation dates; they are automatically callable quarterly if each index equals or exceeds its trade-date closing level. If not called, repayment at maturity depends on the final observation: full principal plus any final contingent coupon if each index is >= its 60% downside threshold; otherwise payment is reduced proportionally to the negative return of the least performing index, exposing investors to potential loss of most or all principal. Trade Date: April 23, 2026; Settlement: April 27, 2026. Notes are senior unsecured obligations of Bank of Montreal and subject to issuer credit risk.

Bank of Montreal priced a preliminary offering of senior medium-term, market-linked notes (face amount $1,000) that are auto-callable, pay monthly contingent coupons with a memory feature and expose principal to the lowest performing of AMD, META and ORCL. The estimated initial value at pricing was $969.10 per security (floor $919.10), and the original offering price is $1,000 per security.

The contingent coupon rate will be set on the pricing date and is at least 21.40% per annum. Calculation days are monthly (28th of each month) with a final calculation day of April 30, 2029 and a stated maturity of May 3, 2029. If on any monthly calculation day the lowest performing Underlier closes at or above its coupon threshold (50% of its starting value), a monthly contingent coupon becomes payable; unpaid coupons can be paid later if a subsequent calculation day meets the threshold. If not auto-called, the maturity payment returns $1,000 if the lowest performing Underlier is at or above its downside threshold (50% of starting value) on the final calculation day, otherwise the investor suffers a loss proportional to that Underlier’s decline.

Bank of Montreal is offering senior medium-term, equity-linked, auto-callable notes (face amount $1,000 per security) linked to the lowest performing common stock of Advanced Micro Devices, Inc., Broadcom Inc. and Microsoft Corporation. The preliminary pricing supplement shows an estimated initial value of $956.30 per security and an original offering price of $1,000. The securities pay quarterly contingent coupons (contingent coupon rate at least 24.75% per annum), feature an automatic call if the lowest performing Underlier closes at or above its starting value on a calculation day, and expose holders to downside principal risk if the lowest performing Underlier falls below a downside threshold equal to 60% of its starting value. Pricing date is April 29, 2026 and issue date is May 4, 2026. Payments are unsecured obligations of Bank of Montreal and are subject to its credit risk.

Bank of Montreal priced a US$5,000,000 offering of Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Contingent Coupons due July 27, 2027, linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000. The notes pay a contingent monthly coupon of 1.0417% (approximately 12.50% per annum) if each reference asset on an Observation Date is at or above its Coupon Barrier Level (65% of initial levels). The notes are callable beginning on October 22, 2026 if each reference asset is at or above its Call Level (100% of initial levels). At maturity, if a Trigger Event occurred and the Least Performing Reference Asset’s Final Level is below its Initial Level, holders receive a payoff equal to $1,000 plus the Percentage Change of that least performing asset, which can result in principal loss. The estimated initial value on the Pricing Date was $991.56 per $1,000 principal.

Bank of Montreal (BMO) priced US$1,300,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the Class A common stock of Meta Platforms, Inc. ("META"). The notes priced on April 22, 2026, settle April 27, 2026 and mature April 27, 2029.

Each note has an initial level of $674.72 per share, a contingent interest rate of 2.9125% per quarter (approximately 11.65% per annum), a Coupon Barrier and Trigger Level of $438.57 (65.00% of the Initial Level), and an estimated initial value of $968.62 per $1,000. The notes are unsecured obligations of BMO, pay cash only at maturity, and include an automatic redemption feature if the reference asset meets the Call Level on an Observation Date.

Bank of Montreal priced a supplemental offering of $19,020,000 Senior Medium‑Term Notes, Series K — Callable Barrier Notes due April 27, 2027 linked to the least performing of the S&P 500, NASDAQ‑100 and Russell 2000. The Pricing Date was April 22, 2026 with Settlement on April 27, 2026 and Valuation Date on April 22, 2027.

Coupons equal 1.2084% per month (approximately 14.50% per annum), payable monthly, and the issuer may call the notes beginning October 22, 2026. Payment at maturity depends on the Final Level of the Least Performing Reference Asset and a Trigger Event defined by closing levels below 70.00% of each Initial Level; estimated initial value was $1,003.00 per $1,000.

Bank of Montreal priced $575,000 of Senior Medium-Term Notes, Series K — Barrier Notes linked to the common stock of Nektar Therapeutics. Each note pays a monthly Coupon of 2.3958% per month (approximately 28.75% per annum) and matures on October 27, 2026. The Initial Level of the Reference Asset is $98.16 and the Trigger Level is $78.53 (80.00% of the Initial Level). If the Reference Asset closes below the Trigger Level on any trading day during the Monitoring Period, a Trigger Event will be deemed to occur and the holder may receive a reduced number of shares (or an equivalent cash amount) at maturity. The public offering price was 100% of principal and the estimated initial value was $948.97 per $1,000 on the Pricing Date.

Bank of Montreal (BMO) is offering US$6,230,000 in Senior Medium‑Term Notes, Series K — Capped Buffer Notes linked to the MSCI EAFE® Index. The notes mature on May 27, 2027 and provide 1:1 upside participation subject to a Maximum Redemption Amount of $1,149.00 per $1,000 (a 14.90% cap). The notes include an 80% buffer: if the Reference Asset declines by more than 20.00% from its Initial Level, you lose 1% of principal for each 1% decline beyond the buffer (up to an 80.00% loss). The initial estimated value was $993.27 per $1,000. All payments are subject to BMO credit risk and the notes are unsecured and non‑interest bearing.

Bank of Montreal is offering principal-protected and capped equity-linked notes tied to the MSCI EAFE Index® with a $1,000 principal amount per note and an original issue price of $1,000.00 per note. The notes pay no interest and mature based on a determination date expected roughly 25–28 months after the trade date; the stated maturity date is expected to be the second scheduled business day after that determination date.

At maturity, payment depends on the final index level versus the initial index level: upside participation is 160% subject to a cap (maximum settlement amount expected between $1,292.00 and $1,343.36 per $1,000); a buffer protects declines up to 15.00% (you receive principal), but losses accrue beyond that at approximately 1.1765% of principal per 1% index decline below the buffer. Notes are unsecured obligations of Bank of Montreal and are designed to be held to maturity; they will not be listed.

Bank of Montreal offers additional units of its MAX Airlines -3X Inverse Leveraged ETNs due May 28, 2043 (ticker JETD), a series of unsecured notes that provide -3x daily inverse exposure to the Prime Airlines Index. Each note has a $25 principal amount and the notes are designed for daily trading, not buy-and-hold.

The notes reset leverage daily, charge a 0.95% per annum Daily Investor Fee, may incur negative daily interest (US Federal Funds Effective Rate minus an adjustable spread up to 4.00%), and a 0.125% Redemption Fee on holder redemptions. The issuer may call notes, replace the Index, increase the Interest Rate Spread (subject to limits), and has issued an amendment to add $12,500,000 of additional notes, bringing outstanding aggregate principal to $37,500,000 as of April 24, 2026. These ETNs do not guarantee principal, are highly path-dependent, and can reach $0 with a total loss of invested capital.

Bank of Montreal priced $1,063,000 of Senior Medium-Term Notes, Series K — redeemable fixed-rate notes with a 4.80% per annum interest rate and a stated maturity of April 13, 2033. The Notes were issued at $1,000 per Note on April 27, 2026 (trade date April 23, 2026) and are redeemable by the Bank on specified semi-annual Optional Redemption Dates beginning October 27, 2027.

The Notes are unsecured obligations of Bank of Montreal, will not be listed on any exchange, and are bail-inable under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under that regime. Original issue price per Note was $1,000, with an underwriting discount of $12.00 per Note and proceeds to Bank of Montreal of $988.00 per Note.

Bank of Montreal is offering $3,283,000 of Senior Medium-Term Notes, Series K — redeemable fixed-rate notes with a principal amount of $1,000 per Note and a stated maturity date of April 13, 2029. The Notes pay interest at 4.30% per annum semi‑annually and are redeemable in whole by the Bank on specified semi‑annual Optional Redemption Dates at 100% of principal plus accrued interest. The Notes are unsecured, not listed, and are bail-inable under the Canada Deposit Insurance Corporation Act, which permits conversion into common shares under the CDIC regime. Original issue price was $1,000.00 per Note; underwriting discount was $6.00 per Note, with proceeds to Bank of Montreal of $994.00 per Note.

Bank of Montreal priced Senior Medium-Term Notes, Series K — redeemable fixed-rate notes due May 14, 2029. The Notes have a $1,000 principal per Note, pay 4.30% per annum interest semi‑annually, and mature on May 14, 2029. The issuer may redeem the Notes in whole on semi‑annual Optional Redemption Dates at 100% plus accrued interest. These are bail-inable notes subject to conversion under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act. Original issue price is $1,000.00 per Note, underwriting discount $10.00, and proceeds to Bank of Montreal $990.00 per Note.

Bank of Montreal priced Senior Medium-Term Notes, Series K, redeemable fixed-rate notes due November 14, 2033. Each Note has a principal payment of $1,000 per Note and a fixed interest rate of 5.00% per annum, paid semi-annually beginning November 14, 2026. The Notes are redeemable at the issuer's option on semi-annual Optional Redemption Dates and are bail-inable under subsection 39.2(2.3) of the CDIC Act, permitting conversion into common shares under Canadian resolution powers. The original issue price is $1,000.00 per Note, with an underwriting discount of $20.00 and proceeds to Bank of Montreal of $980.00 per Note. The Notes are unsecured, will not be listed on an exchange, and involve credit and liquidity risks described in the prospectus materials.

Bank of Montreal prices Senior Medium-Term Notes, Series K, redeemable fixed-rate notes with a 4.70% annual coupon and a stated maturity of May 14, 2031. The notes are issued at $1,000 per Note (original issue price) with proceeds to the issuer of $985 per Note after a $15 underwriting discount. The notes are bail-inable under the Canada Deposit Insurance Corporation Act and may be converted into common shares of Bank of Montreal under subsection 39.2(2.3) of the CDIC Act. The issuer may redeem the notes in whole (but not in part) on semi-annual optional redemption dates at 100% of principal plus accrued interest; holders have no put right. Payment at maturity is $1,000 per Note plus accrued interest unless earlier redeemed.

Bank of Montreal offers Market Linked Securities—auto-callable, contingent coupon (with memory) and contingent downside principal-at-risk—linked to the lowest performing of META, NVDA and ORCL, due April 26, 2029. The original offering price is $1,000 per security and the pricing date is April 21, 2026. On the pricing date the issuer's estimated initial value was $961.91 per security. The notes pay monthly contingent coupons (contingent coupon rate 18.63% per annum) only if the lowest performing underlier on each calculation day is at or above its 50% coupon threshold; an automatic call can occur if the lowest performing underlier is at or above its starting value on certain calculation days. If not called, maturity payment depends on the lowest performing underlier's ending value; if that ending value is below 50% of its starting value you can lose more than 50% (possibly all) of the face amount. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk.

Bank of Montreal priced a preliminary offering of senior medium-term, equity-linked notes (face amount $1,000 per security) linked to the Class A common stock of Oklo Inc. (ticker: OKLO). The notes are auto-callable monthly, pay contingent monthly coupons (memory feature) at a contingent coupon rate set on pricing (at least 32.50% per annum), and mature on May 11, 2028 if not called. The initial estimated value at pricing is $943.50 per security (not less than $920.00), and the original offering price is $1,000. Principal at maturity is linked to the Underlier: if the ending value is below the downside threshold (60% of the starting value), the maturity payment equals $1,000 × (ending value / starting value), exposing investors to full downside with no upside participation beyond contingent coupons. Pricing date is May 8, 2026 and issue date is May 13, 2026.

Bank of Montreal (BMO) offers US$690,000 principal amount of Senior Medium-Term Notes, Series K — Barrier Notes with Contingent Coupons due October 25, 2027 linked to the least performing of IWM, QQQ and SPY. The notes pay contingent quarterly coupons of 2.7125% (about 10.85% per annum) when each reference asset on an Observation Date is at or above its coupon barrier (75.00% of initial levels). At maturity you receive $1,000 per $1,000 principal unless a Trigger Event occurs; if a Trigger Event occurs you receive $1,000 adjusted by the Percentage Change of the Least Performing Reference Asset, which can be less than principal and possibly zero. The estimated initial value was $987.72 per $1,000 on the Pricing Date.

Bank of Montreal priced US$250,000 in Senior Medium-Term Notes, Series K — Autocallable Buffer Notes linked to the least performing common stock of Newmont Corporation and Freeport-McMoRan Inc. The notes pay a monthly Coupon of 1.575% per month (approximately 18.90% per annum), may be automatically redeemed beginning on May 20, 2026, and mature on July 24, 2026. If not called, principal at maturity depends on the Least Performing Reference Asset relative to its Buffer Level (80.00% of Initial Level). A Trigger Event occurs if a Reference Asset’s Final Level is below its Buffer Level on the Valuation Date; in that case the payout uses a Downside Leverage Factor (~125.00%), and investors can lose up to 80.00% of principal. The estimated initial value on the Pricing Date was $989.45 per $1,000.

Bank of Montreal priced US$3,292,000 of Senior Medium-Term Notes, Series K — Buffer Enhanced Return Notes linked to the S&P 500® Futures Excess Return Index. The notes mature on April 24, 2031, have a 194.00% Upside Leverage Factor and an 80.00% Buffer (20.00% Buffer Percentage). If the Reference Asset finishes at or above its Initial Level, investors receive leveraged upside; if it falls but remains above the Buffer Level, investors receive principal only; declines beyond the Buffer incur losses of 1% principal per 1% decline, up to an 80.00% loss.

Payments are unsecured obligations of Bank of Montreal, non‑interest bearing, not exchange listed, and subject to the Bank’s credit risk. The estimated initial value was $981.07 per $1,000; price to public is 100%.

Bank of Montreal (BMO) is offering US$1,547,000 of Senior Medium-Term Notes, Series K — Buffer Enhanced Return Notes due April 24, 2031, linked to the S&P 500® Futures Excess Return Index. The notes provide 178.50% upside leverage if the Reference Asset rises, a 30.00% buffer on losses, and permit up to a 70.00% principal loss if the Reference Asset falls more than 30.00% by the Valuation Date. The notes pay no interest, are unsecured obligations of BMO, will not be listed, and are subject to BMO credit risk. The estimated initial value was $981.82 per $1,000 principal; public price is $1,000 per $1,000 (99.375% proceeds after a 0.625% agent commission).

Bank of Montreal priced US$677,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes due April 24, 2031. The notes pay a contingent coupon of 0.5833% per month (approximately 7.00% per annum) if each Reference Asset meets its monthly coupon barrier on Observation Dates. The notes are linked to the NASDAQ-100 (NDX), Russell 2000 (RTY) and the Dow Jones Industrial Average (INDU), settle April 24, 2026, and mature April 24, 2031. If not called, principal repayment at maturity depends on the least performing Reference Asset and a 70.00% trigger barrier; a Trigger Event reduces the final payment by the Percentage Change of the least performing index. The estimated initial value was $935.18 per $1,000 on the Pricing Date.

Bank of Montreal (BMO) is offering Trigger Autocallable Contingent Yield Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 with a term of approximately three years and an Original Issue Price of $10 per Note. The Notes pay a quarterly Contingent Coupon (set at least 12.00% per annum on the Trade Date) only when each Underlier is at or above its Coupon Barrier (75% of Initial Underlier Value). The Notes are callable on quarterly Call Observation Dates if each Underlier is at or above its Initial Underlier Value; failure to be called and a Final Underlier Value below the Downside Threshold (60% of Initial Underlier Value) for any Underlier exposes investors to full downside equal to the negative return of the Least Performing Underlier. Estimated initial value at pricing is $9.97 per Note (not less than $9.67), and all payments remain subject to BMO credit risk.

Bank of Montreal priced US$2,048,000 in Senior Medium-Term Notes, Series K: autocallable barrier notes with memory coupons linked to the least performing of AMZN, GOOG (Class C) and NVDA. The notes pay a contingent monthly coupon of 1.0417% per month (≈12.50% per annum) if observation conditions are met and may autocalL beginning October 21, 2026.

At maturity on April 24, 2029, if not autocalled, repayment is based on the least performing reference asset; a Trigger Event (Final Level below the 50% Trigger Level) can reduce principal pro rata. The estimated initial value on the pricing date was $978.97 per $1,000.

Bank of Montreal priced US$1,910,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due April 24, 2029, linked to the least performing of the NASDAQ-100, Russell 2000 and the Dow Jones Industrial Average. The notes pay a contingent coupon of 2.025% per quarter (approximately 8.10% per annum) when each reference asset is at or above its coupon barrier on an Observation Date and include a Memory Coupon feature. The notes may be automatically redeemed beginning on October 21, 2026 if each reference asset is at or above its Call Level (100% of initial levels). At maturity, if a Trigger Event has occurred (any final level below its Trigger Level of 65.00% of initial level), payment equals $1,000 plus the percentage change of the least performing reference asset, which could be less than principal and may be zero. Pricing Date was April 21, 2026; estimated initial value on that date was $967.60 per $1,000. Price to public was 100% and Agent's commission was 2.35%.

Bank of Montreal (BMO) priced US$670,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due April 24, 2031, linked to the least performing of the Russell 2000® Index (RTY) and the Nasdaq-100 Technology Sector Index (NDXT). The notes pay a contingent quarterly coupon of 2.6925% (≈10.77% per annum) when both reference assets are at or above 80% coupon barriers on observation dates and are subject to automatic redemption beginning April 21, 2027 if both references are at or above their call levels. At maturity, if not auto‑redeemed and if a Trigger Event occurs (least performing reference below 80% of initial level), principal is reduced proportionally to the least performing reference. The estimated initial value was $948.42 per $1,000 on the pricing date.

Bank of Montreal priced an offering of Equity Linked Senior Medium-Term Notes (Series K) linked to the lowest performing of LMT, PKG and QCOM. The securities have an Original Offering Price of $1,000 per security, an estimated initial value of $978.10 (not less than $928.00 at pricing), an issue date of May 5, 2026 and a stated maturity of May 3, 2027. The securities pay monthly contingent coupons (contingent coupon rate determined at pricing, at least 6.21%) with a memory feature and are auto-callable if the lowest performing Underlier closes at or above its starting value on certain monthly calculation days. If not called, principal at maturity depends on the lowest performing Underlier’s ending value relative to a downside threshold equal to 50% of its starting value; a final maturity payment can be reduced to as low as zero. The agent discount is $15.75 with proceeds to the issuer of $984.25 per security.

Bank of Montreal priced a $1,000 face amount market-linked, auto-callable senior note (Series K) linked to the lowest performing common stock of Lockheed Martin, Packaging Corporation of America and Qualcomm. Pricing date was April 30, 2026 and issue date May 5, 2026. The estimated initial value was $972.30 (not less than $922.00), and proceeds to Bank of Montreal were $979.25 per security after an agent discount of $20.75. The notes pay monthly contingent coupons (with a memory feature) at a contingent coupon rate of at least 9.35% per annum, are auto-callable if the lowest performing Underlier closes at or above its starting value on certain monthly observation dates, and mature on May 3, 2028 if not called. At maturity, holders receive full face amount only if the lowest performing Underlier’s ending value is at or above its downside threshold (50% of starting value); otherwise the maturity payment equals $1,000 × performance factor of that Underlier, exposing holders to more than a 50% loss in certain scenarios.

Bank of Montreal priced $2,196,000 of Senior Medium-Term Notes, Series K — redeemable fixed-rate notes with a 4.35% per annum stated interest rate and a stated maturity date of April 24, 2029. The notes were issued at $1,000 per note on an issue date of April 24, 2026 and pay semi-annual interest each April 24 and October 24 beginning October 24, 2026.

The notes are redeemable by Bank of Montreal in whole (but not in part) on semi-annual optional redemption dates commencing April 24, 2027, at 100% of principal plus accrued interest. These notes are bail-inable under subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act and may be converted into common shares of the Bank or an affiliate under that regime.

Bank of Montreal priced $1,500,000 aggregate principal of Senior Medium-Term Notes, Series K, fixed-rate notes due April 24, 2031 at an interest rate of 4.75% per annum. The Notes were issued at $1,000.00 per Note on April 24, 2026.

The Notes pay semi-annual interest each April 24 and October 24, are redeemable in whole by the Bank on semi-annual optional redemption dates at 100% of principal plus accrued interest, and are bail-inable under the Canada Deposit Insurance Corporation Act.

Bank of Montreal priced $7,000,000 of Senior Medium-Term Notes, Series K, redeemable fixed-rate notes due April 24, 2036. The Notes pay interest at 5.25% per annum, pay semiannually, are issued at $1,000 per Note and are redeemable at par on semiannual optional redemption dates beginning April 24, 2027.

The Notes are unsecured, bail-inable under the Canada Deposit Insurance Corporation Act and may be converted into common shares under that regime; purchasers are deemed to agree to the conversion provisions. Original issue price per Note was $1,000 with proceeds to Bank of $6,950,650 after underwriting discounts.

Bank of Montreal priced a structured, equity‑linked note offering: Senior Medium‑Term Notes, Series K — Market‑Linked Securities auto‑callable with a contingent monthly coupon (memory feature) and contingent downside principal at risk, linked to the lowest performing of AVGO, NVDA and TSM. The offering terms include an original offering price of $1,000 per security, an estimated initial value of $961.20 (not less than $920.00 at pricing), a minimum contingent coupon rate of 17.85% per annum, pricing date April 30, 2026, issue date May 5, 2026, and stated maturity May 3, 2029. Payments and call features depend solely on the lowest performing Underlier; downside protection applies only above 50% of starting values.

Bank of Montreal (BMO) is offering 400,000 MicroSectors™ U.S. Big Oil -3× Inverse ETNs (ticker NRGD) with an aggregate principal amount of $50,000,000. Each ETN has a principal amount of $125 and a scheduled maturity of February 17, 2045. The ETNs seek daily -3× leveraged inverse exposure to the gross total return Solactive MicroSectors™ U.S. Big Oil Index, are unsecured obligations of BMO, and do not guarantee return of principal.

The notes carry a Daily Investor Fee at 0.95% per annum, a holder Redemption Fee of 0.125% (if applicable), and a Daily Interest component tied to the Federal Funds Effective Rate minus an Interest Rate Spread that is initially 2.00% per annum (adjustable up to 4.00% per annum). The ETNs are intended as short‑term, daily trading tools; due to daily reset compounding and a pronounced "decay" effect, long‑term returns can diverge significantly from -3× point‑to‑point Index returns and could result in complete loss of principal.

Bank of Montreal is offering Capped Buffer GEARS linked to the S&P 500® Index with a term of approximately two years. The securities have a Principal Amount of $10 per Security, an Upside Gearing of 2.0, a Buffer of 10% and a Downside Threshold equal to 90% of the Initial Underlier Value. The Maximum Gain will be set on the Trade Date and will not be less than 21.60%. Key dates include a Trade Date of April 28, 2026, Settlement Date of April 30, 2026, Final Valuation Date of April 28, 2028 and Maturity Date of May 2, 2028. Payments at maturity depend on the Underlier Return and are subject to the Maximum Gain, the Buffer and the Issuer’s credit risk. The estimated initial value on the preliminary pricing supplement is $9.98 per Security (not less than $9.68 at pricing).

Bank of Montreal offers Senior Medium-Term Notes, Series K: equity index linked securities with a $1,000 face amount, issued May 5, 2026 and maturing May 3, 2030. The notes reference an unequally weighted Basket (75% S&P 500®, 25% MSCI EAFE®), provide 100% upside participation capped at a maximum return of at least 44.80%, and include a 25% buffer (threshold value 75). On the preliminary pricing date the issuer’s estimated initial value was $962.10 (not less than $912.10). Original offering price is $1,000 with an agent discount up to $33.25 and proceeds to the issuer of $966.75 per security. The securities are unsecured obligations of Bank of Montreal, do not pay interest, are subject to issuer credit risk, have limited secondary market liquidity, and involve tax and currency risks including potential Section 871(m) implications.

Bank of Montreal (BMO) is pricing principal-linked notes tied to the S&P 500® Index. Each note has a $1,000 principal amount and offers 150% upside participation subject to a cap (maximum settlement expected between $1,204.90 and $1,241.05 per $1,000). The notes include a 12.50% buffer: if the final index level is at or above 87.50% of the initial level you receive principal; below that you lose approximately 1.1429% of principal for each 1% decline beyond the buffer. The initial estimated value is expected between $969.00 and $999.00 and will be less than the issue price. Terms (trade date, initial underlier level, cap level, determination date and stated maturity) will be set on the trade date and the offer is subject to completion and market-disruption postponements.

Bank of Montreal priced US$1,130,000 in Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due April 23, 2030. The notes link to the least performing of the VanEck® Gold Miners ETF (GDX), the NASDAQ-100 Index® (NDX) and the Russell 2000® Index (RTY). Pricing Date was April 20, 2026 with Settlement on April 23, 2026 and Valuation Date on April 17, 2030. The notes pay a contingent coupon of 1.515% per month (approximately 18.18% per annum) on each monthly coupon date when each reference asset is at or above its coupon barrier, are subject to automatic redemption beginning April 20, 2027 if all reference assets meet their call levels, and at maturity return $1,000 per $1,000 unless a Trigger Event occurs, in which case payment is reduced pro rata to the Least Performing Reference Asset. The estimated initial value on the Pricing Date was $978.15 per $1,000.

Bank of Montreal priced a structured note offering: US$2,730,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons linked to the common shares of Celestica Inc. (CLS). The Pricing Date was April 20, 2026, Settlement Date April 23, 2026, Valuation Date October 20, 2027 and Maturity Date October 25, 2027.

Key economic terms: each $1,000 principal pays a contingent coupon of $26.667 monthly if the Reference Asset closes at or above the Coupon Barrier on each Observation Date (a 2.6667% per month rate, approximately 32.00% per annum). Notes are autocallable if the Reference Asset closes at or above the Call Level on an Observation Date beginning July 22, 2026. At maturity, holders receive $1,000 unless a Trigger Event (Final Level below the Trigger Level) causes a performance-based cash settlement that can be substantially less.

Bank of Montreal offers market-linked senior medium-term notes due April 20, 2029. The pricing supplement describes auto-callable, contingent-coupon notes linked to the lowest performing share of Microsoft, NVIDIA and UnitedHealth. Original offering price was $1,000 per security with total original offering price shown as $10,699,000. The notes pay a contingent coupon of 21.57% per annum monthly if the lowest performing underlier meets its coupon threshold; they are auto‑callable if the lowest performing underlier meets its call threshold on specified monthly observation dates. At maturity the principal repayment depends on the lowest performing underlier’s ending value relative to its downside threshold (60% of starting value), exposing holders to more than 40% principal loss if that underlier falls sufficiently. Pricing date was April 17, 2026 and issue date April 22, 2026. The notes are unsecured obligations of Bank of Montreal and carry issuer credit risk.

Bank of Montreal is offering Market-Linked, Auto-Callable Senior Medium-Term Notes (equity-linked securities) tied to the lowest performing stock among AMD, META and ORCL. The original offering price and face amount are $1,000 per security. The initial estimated value is $962.50 (floor at $920.00), and the agent discount is $23.25, leaving estimated proceeds to Bank of Montreal of $976.75 per security. Pricing date is April 30, 2026, issue date May 5, 2026, and stated maturity is May 3, 2029. The notes pay monthly contingent coupons (contingent coupon rate at least 21.50 per annum) subject to the lowest performing underlier meeting coupon thresholds; automatic call and downside features apply, and principal at maturity depends on the lowest performing underlier relative to a 50% downside threshold.

Bank of Montreal (BMO) priced US$4,250,000 in Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons linked to Alphabet Inc. Class A common stock (GOOGL). The notes priced on April 16, 2026, settle April 21, 2026, and mature October 21, 2027, with a quarterly contingent coupon of 2.825% (≈11.30% per annum) if the Reference Asset closes at or above the coupon barrier on Observation Dates.

The notes feature an automatic redemption if the Reference Asset closes at or above the Call Level on an Observation Date; if not autocalled, principal repayment at maturity depends on Final Level versus a Trigger Level equal to $218.41 (65.00% of the Initial Level). If a Trigger Event occurs, investors may receive shares (Physical Delivery Amount) or cash (Cash Delivery Amount) tied to the Final Level. The document discloses an estimated initial value of $4,890.40 per $5,000 principal amount on the Pricing Date.

Bank of Montreal priced a US$500,000 issuance of Senior Medium-Term Autocallable Barrier Notes with Memory Coupons due April 23, 2029, linked to the least performing of Meta Platforms (Class A), Alphabet (Class C) and Microsoft common stock. The notes pay a Contingent Coupon of 1.3833% per month (approximately 16.60% per annum) when each reference asset closes at or above its Coupon Barrier on an Observation Date, and include a Memory Coupon feature and an automatic redemption (autocall) beginning on October 20, 2026. Coupon and trigger barriers are set at 60% of each Initial Level and the Call Level is 100% of Initial Levels. The estimated initial value on the Pricing Date was $969.66 per $1,000 principal.

Bank of Montreal priced US$1,000,000 of Senior Medium-Term Notes, Series K: Digital Return Barrier Notes due April 22, 2027 linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®. The notes pay an 8.00% Digital Return if the Least Performing Reference Asset's Final Level is ≥60.00% of its Initial Level; otherwise holders suffer a 1% principal loss for each 1% decline below the Initial Level, potentially losing up to 100% of principal. The offering price was 100% ($1,000 per note), agent commission 0.65% ($6,500 aggregate), proceeds to Bank of Montreal 99.35% ($993,500). Initial estimated value was $990.13 per $1,000. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk.

Bank of Montreal priced US$6,349,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the common stock of NVIDIA Corporation. The notes pay a Contingent Coupon of 3.025% per quarter (approximately 12.10% per annum) if the Reference Asset on each Observation Date is at or above the Coupon Barrier Level of $109.09 (55.00% of the Initial Level). The Initial Level is $198.35; the Call Level is 100.00% of the Initial Level and automatic redemption may occur beginning on July 16, 2026. If not called, maturity is October 21, 2027; if a Trigger Event occurs (Final Level below $109.09 on the Valuation Date), holders receive a Physical Delivery Amount (shares) or a Cash Delivery Amount as determined by the Calculation Agent. The estimated initial value on the Pricing Date was $975.53 per $1,000 principal.

Bank of Montreal priced US$1,675,000 of Senior Medium-Term Digital Return Notes, Series K due April 28, 2027, linked to an equally weighted basket of Constellation Energy (CEG), NRG Energy (NRG) and NextEra Energy (NEE). The notes pay a 26.50% Digital Return at maturity if the Basket’s Final Level is greater than or equal to 100.00% of the Initial Level; otherwise investors lose 1% of principal for each 1% decline in the Basket, potentially losing up to 100% of principal. The notes are unsecured obligations of Bank of Montreal, issued in $1,000 denominations, not listed, and cash-settled. Pricing Date: April 16, 2026; Settlement Date: April 21, 2026; Valuation Date: April 23, 2027; Maturity Date: April 28, 2027. The initial estimated value was $960.12 per $1,000, and the public offering included a 2.00% agent commission.

Bank of Montreal priced US$665,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the common stock of Arista Networks, Inc. The notes carry a Contingent Interest Rate of 5.75% per quarter (approximately 23.00% per annum), an Initial Level of $161.01, and a Coupon/Trigger Barrier of $104.66 (65.00% of the Initial Level). Pricing Date was April 16, 2026, Estimated initial value was $974.32 per $1,000, and Maturity Date is April 04, 2029. The offering price was 100% ($1,000 per $1,000); agent commission totaled 2.00% ($13,300) with proceeds to Bank of Montreal of $651,700.

Bank of Montreal priced US$4,742,000 Senior Medium‑Term Notes, Series K: an Autocallable Barrier Note with Contingent Coupons linked to PayPal common stock (PYPL). The Pricing Date is April 16, 2026, Settlement Date April 21, 2026, Valuation Date March 29, 2029, and Maturity Date April 04, 2029.

The notes pay a Contingent Interest Rate of 4.65% per quarter (approximately 18.60% per annum) when the Reference Asset on an Observation Date is at or above the Coupon Barrier Level of $34.87 (70.00% of the Initial Level). The Initial Level is $49.81; the Trigger Level equals $34.87. Automatic redemption occurs if the Reference Asset is at or above the Call Level (100% of the Initial Level) on an Observation Date. Payment at maturity depends on the Final Level and may be less than principal if a Trigger Event occurs.