Bank of Montreal 424B Filings

Bank of Montreal is offering senior unsecured Market Linked Securities tied to the common stock of Boston Scientific Corporation. Each security has a $1,000 face amount, an original offering price of $1,000, and matures on August 5, 2027, following a pricing date of July 17, 2026. The estimated initial value is $956.80 per security and will not be less than $910.00 at pricing.

At maturity, if the ending value of Boston Scientific stock is at least 65% of the starting value (the threshold value), investors receive $1,000 plus a contingent fixed return of at least 14.60% (at least $146 per security), capping upside. If the ending value is below the threshold, the payoff becomes $1,000 plus $1,000 times the underlier return, giving full downside exposure and potential loss of more than 35%, up to total loss of principal. The notes pay no interest, are not listed on an exchange, and all payments are subject to Bank of Montreal’s credit risk.

Bank of Montreal is offering US$9,758,000 of Senior Medium-Term Notes, Series K, autocallable barrier notes with memory coupons due July 13, 2029, linked to the least performing of Apple Inc. and Microsoft Corporation common stock. The notes pay a contingent coupon of 2.875% per quarter (approximately 11.50% per annum), or $28.75 per $1,000, only if on an Observation Date the closing level of each stock is at or above its coupon barrier, set at 60.00% of the initial level ($188.03 for AAPL, $230.00 for MSFT). Missed coupons may be repaid later under the Memory Coupon Feature if the barrier condition is later satisfied. Beginning January 8, 2027, the notes are automatically redeemed if both stocks are above their respective initial levels, returning principal plus any due coupons. If not called, at maturity investors receive $1,000 per $1,000 note unless any stock’s final level is below its trigger level (also 60.00% of its initial level), in which case principal is reduced one-for-one with the percentage decline of the least performing stock, potentially to zero. The estimated initial value is $963.15 per $1,000, below the issue price, and the notes are unsecured obligations of Bank of Montreal.

Bank of Montreal is offering US$3,847,000 of Senior Medium-Term Notes, Series K, in the form of Autocallable Barrier Notes with Contingent Coupons due August 13, 2027, linked to the common stock of Constellation Energy Corporation.

The notes have an Initial Level of $244.52 and pay a monthly Contingent Coupon of 1.0833% (approximately 13.00% per annum) only if the reference stock closes on each Observation Date at or above a Coupon Barrier Level of $136.93, which is 56.00% of the Initial Level. The Trigger Level is the same $136.93; if, at maturity, the Final Level is below this Trigger Level and the notes have not been automatically redeemed, repayment of principal will be reduced in proportion to the stock’s decline, potentially to zero, although any final Contingent Coupon that is payable would still be paid.

Beginning January 8, 2027, the notes are subject to automatic redemption if the reference stock closes above its Initial Level on an Observation Date, in which case investors receive principal plus the applicable Contingent Coupon. The estimated initial value is $966.49 per $1,000 principal amount, reflecting structuring and hedging costs, with an agent’s commission of 2.15% included in the 100% public offering price.

Bank of Montreal is offering US$1,005,000 of Senior Medium‑Term Notes, Series K, structured as Autocallable Barrier Notes with Contingent Coupons due July 13, 2029, linked to the least‑performing of the S&P 500 Index, Russell 2000 Index and Dow Jones Industrial Average.

The notes pay a contingent monthly coupon of 0.6667% of principal (approximately 8.00% per annum) only if, on each observation date, all three indices close at or above their coupon barrier levels, set at 75.00% of initial levels. Beginning July 8, 2027, if all indices are at or above their initial levels (the call levels) on an observation date, the notes are automatically redeemed at par plus any due coupon.

If not called, at maturity investors receive par per $1,000 unless any index has fallen below its trigger level, also 75.00% of its initial level. If a trigger event occurs, repayment is reduced in proportion to the decline of the least‑performing index, potentially to zero, plus any final coupon if payable. The notes are unsecured obligations of Bank of Montreal. The estimated initial value is $958.76 per $1,000 of principal.

Bank of Montreal is offering US$1,174,000 of Senior Medium-Term Notes, Series K, autocallable barrier notes with memory coupons due July 13, 2029. The notes are linked to the least performing of Amazon.com, Inc. common stock, NVIDIA Corporation common stock, and CrowdStrike Holdings, Inc. Class A common stock.

Investors can receive contingent coupons at a rate of 3.425% per quarter (approximately 13.70% per annum) when, on an observation date, each reference asset closes at or above its coupon barrier level, which equals 50% of its initial level and matches the trigger level. Missed coupons may be paid later under the memory coupon feature when the barrier condition is subsequently met.

Beginning July 08, 2027, the notes are automatically redeemed if, on an observation date, each reference asset is at or above 100% of its initial level; investors then receive principal back plus any due coupons. If the notes are not called, and on the valuation date any reference asset finishes below its trigger level and each reference asset is below its initial level, repayment of principal is reduced in proportion to the percentage decline of the least performing asset, and may be zero. The estimated initial value is $922.27 per $1,000 principal amount.

Bank of Montreal is issuing US$3,891,000 of Senior Medium-Term Notes, Series K, as autocallable barrier notes with contingent coupons due July 13, 2029. The notes are linked to the least performing of the S&P 500 Index, NASDAQ-100 Index and Russell 2000 Index.

Investors may receive quarterly contingent coupons of 2.50% per quarter (about 10% per year) only if on each observation date all three indices are at or above their coupon barrier levels, set at 70% of initial. Starting January 8, 2027, if on an observation date all indices are at or above their initial levels, the notes are automatically redeemed at par plus that period’s coupon.

If the notes are not called and on the valuation date any index closes below its trigger level, set at 65% of initial, principal repayment is reduced one-for-one with the percentage loss of the worst-performing index and can fall to zero. The price to the public is 100% of principal, the agent’s commission is 1.50%, and Bank of Montreal’s estimated initial value is $976.98 per $1,000, reflecting embedded costs and hedging.

Bank of Montreal is offering US$2,594,000 of Senior Medium-Term Notes, Series K, Autocallable Barrier Notes with Memory Coupons due July 13, 2029, linked to the least performing of Apple Inc. and Microsoft Corporation common stock.

The notes pay a contingent coupon of 3.1875% per quarter (approximately 12.75% per annum), or $31.875 per $1,000, only if on an Observation Date each stock closes at or above its coupon barrier, set at $188.03 for AAPL and $230.00 for MSFT, each 60.00% of its Initial Level. Missed coupons may be paid later under the Memory Coupon Feature if both stocks are again at or above their barriers.

Starting January 8, 2027, the notes are automatically redeemed if on any Observation Date each stock is above its Call Level, equal to 100.00% of its Initial Level; investors then receive principal plus any due coupons. If the notes are not redeemed and on the Valuation Date either stock is below its Trigger Level (the same 60.00% thresholds), repayment of principal is reduced in proportion to the decline of the least performing stock and may be zero. The estimated initial value is $977.81 per $1,000 principal amount, and the notes are unsecured obligations of Bank of Montreal.

Bank of Montreal (BMO) prices principal-protected-conditional structured notes linked to the Russell 2000® Index with a $1,000 original issue price per note. The notes have an upside participation rate of 150%, a cap level expected between 116.57% and 119.44% of the initial underlier level and a maximum settlement amount expected between $1,248.55 and $1,291.60 per $1,000 note. The determination date will be set on the trade date and is expected to fall within 13 to 15 months, with the stated maturity expected two business days after the determination date. Estimated initial value is stated in a range of $955.40 to $985.40 per $1,000 and the underwriting discount is $13.60 per note, leaving proceeds to the issuer of $986.40 per note. The notes do not pay interest, are unsecured obligations of BMO, are not listed, and are designed to be held to maturity.

Bank of Montreal offers capped, buffer-protected equity-linked notes tied to the Nasdaq-100 Index. Each note has a $1,000 principal amount. The notes feature a 200% upside participation rate up to a maximum settlement amount expected between $1,196.60 and $1,230.60 per $1,000. A buffer protects the first 10.00% of declines; losses of approximately 1.1111% of principal occur for every 1.00% decline below the buffer. The estimated initial value is expected between $956.50 and $986.50 per $1,000 and will be less than the original issue price. Payments are subject to Bank of Montreal credit risk and timing adjustments for market disruption events.

Bank of Montreal priced market-linked, auto-callable notes linked to Rocket Lab Corporation stock with a stated face amount of $1,000 per security. The securities pay monthly contingent coupons (contingent coupon rate at least 20.65% per annum to be set on pricing) and may be automatically called if the Underlier closes at or above a call threshold on certain calculation days. The notes start from a starting value $83.35 (closing price on the strike date), have a downside/coupon threshold of $41.675 (50% of the starting value) and a call threshold of $58.345 (70% of the starting value). If not called, maturity is July 18, 2028, and maturity payoff is $1,000 if the ending value is at or above the downside threshold, or $1,000 × (ending/starting) if below, exposing holders to potential >50% loss. Estimated initial value was $958.40 (not less than $910.00 at pricing); offering price is $1,000 with an agent discount of $20.75.

Bank of Montreal offers principal-protected-notes linked to an unequally weighted basket of five international indices with an upside participation rate of 150% and a capped payout. The notes have a $1,000 principal amount per note and an initial basket level of 100.

Payment at maturity depends on the final basket level measured from the trade date to the determination date (expected within 13 to 15 months of the trade date). If the final basket level equals or exceeds the cap level (expected to be within 121.45%–125.17%), holders receive the maximum settlement amount (expected within $1,321.75–$1,377.55 per $1,000). If the final basket level is below the initial level, holders lose 1% of principal for each 1% decline.

Bank of Montreal priced $500,000 of structured notes linked to the S&P 500® Index. The notes have a $1,000 principal amount per note, trade date July 7, 2026, original issue date July 10, 2026, and stated maturity date October 12, 2027 (determination date October 7, 2027, subject to postponement).

Holders receive $1,100.50 per $1,000 (the threshold settlement amount) if the final underlier level is at least 80.00% of the initial underlier level (initial underlier level: 7,503.85, threshold level: 6,003.08). If the final underlier level is below that threshold, investors bear full downside: the cash settlement equals $1,000 plus $1,000 times the underlier return, so losses can consume most or all principal. The issuer's initial estimated value was $983.08 per $1,000; original issue price is $1,000 with an underwriting discount of $10.90 per note.

Bank of Montreal priced US$515,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes — due July 10, 2029. The notes pay a contingent coupon of 0.8208% per month (≈9.85% per annum) when each reference index closes at or above 60.00% of its Initial Level on an Observation Date. The notes reference the S&P 500 (SPX), Russell 2000 (RTY) and the Nasdaq-100 Technology Sector (NDXT), may autocall beginning July 07, 2027 if all Reference Assets meet the Call Level, and pay at maturity an amount linked to the Least Performing Reference Asset. The estimated initial value on the Pricing Date was $980.85 per $1,000.

Bank of Montreal (BMO) priced US$361,000 of Senior Medium-Term Notes, Series K — Contingent Risk Absolute Return Barrier Notes due July 10, 2031.

The notes provide 225.00% upside leverage to appreciation in the S&P 500® Futures Excess Return Index, repay principal with a capped positive downside payoff up to $1,300 per $1,000 if the Reference Asset falls but stays above a Barrier Level (70.00% of the Initial Level). If the Final Level is below the Barrier Level, holders suffer a pro rata loss equal to the percentage decline in the Reference Asset, potentially losing up to 100% of principal. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk.

Bank of Montreal (BMO) is offering US$1,150,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons — due July 12, 2029, linked to the MerQube US Large-Cap Vol Advantage Index (MQUSLVA). The notes pay contingent monthly coupons of 1.2167% per month (approximately 14.60% per annum) when the Reference Asset closes at or above a coupon barrier of 2,978.47 (70.00% of the Initial Level). The notes may be automatically redeemed on observation dates at the Call Level (100% of the Initial Level). At maturity, if a Trigger Event occurs (Final Level below 2,978.47), the cash payment equals $1,000 + ($1,000 x Percentage Change), which can be less than principal and may be zero. Pricing date was July 07, 2026, settlement July 10, 2026, and the document reports an estimated initial value of $948.05 per $1,000 on the Pricing Date.

Bank of Montreal (BMO) priced US$2,000,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due July 10, 2029. The notes link to the least performing of the Russell 2000 (RTY), Nasdaq-100 Technology Sector (NDXT) and the Dow Jones Industrial Average (INDU).

The Pricing Date was July 07, 2026, Settlement Date July 10, 2026, and the Valuation Date is July 05, 2029. Contingent coupons equal 0.9833% per month (≈ 11.80% per annum) when each Reference Asset on an Observation Date is ≥ its Coupon Barrier (80% of Initial Level). The notes feature monthly observation/payment dates, an autocall (automatic redemption) if all Reference Assets close ≥ 100% of their Initial Levels on an Observation Date beginning July 07, 2027, and a downside trigger at 70% of Initial Level that can reduce principal at maturity.

Bank of Montreal priced a US$600,000 offering of Senior Medium-Term Notes, Series K: Autocallable Barrier Enhanced Return Notes due July 10, 2029.

The notes reference the Dow Jones Industrial Average, NASDAQ-100 and Russell 2000. They offer a 185.00% Upside Leverage Factor on the least performing index if not auto‑called, an automatic redemption feature on January 06, 2027 with a Call Amount of $86.00 per $1,000, and a Barrier set at 70.00% of Initial Levels. The public offering price was 100% ($1,000 per note) and the issuer’s estimated initial value was $958.00 per $1,000.

Bank of Montreal priced US$740,000 Senior Medium-Term Notes, Series K — Digital Return Barrier Notes due August 10, 2027. The notes pay a 10.85% Digital Return if the Least Performing Reference Asset (SPX, NDX or RTY) ends at or above 65.00% of its Pricing Date level. If the Least Performing Reference Asset falls below the 65.00% Barrier, investors lose 1% of principal for each 1% decline; losses can reach 100%. The notes do not pay interest, are unsecured obligations of Bank of Montreal, and all payments are subject to the issuer’s credit risk.

Bank of Montreal priced US$1,200,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the Class A common stock of Figma, Inc. (FIG). The notes mature on July 10, 2029 with a Strike Date of July 06, 2026 and a Pricing Date of July 07, 2026

Key terms: a contingent interest rate of 6.70% per quarter (approximately 26.80% per annum) (each contingent coupon = $67.00 per $1,000 if payable); Initial Level = $21.08; Coupon Barrier and Trigger Level = $10.54 (50.00% of Initial Level); Call Level = $21.08. The public offering price was 100% (price range for certain advisory accounts noted between $976.50 and $1,000 per $1,000). The estimated initial value on the Pricing Date was $948.36 per $1,000.

Bank of Montreal is offering Senior Medium-Term Notes, Series K — redeemable fixed-rate notes with a 5.00% annual coupon and a stated maturity of June 22, 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; Issue Date is July 22, 2026.

The Notes are redeemable by the issuer on semi-annual Optional Redemption Dates beginning July 22, 2028. The Notes are bail-inable under the Canada Deposit Insurance Corporation Act and may be converted, in whole or in part, into common shares under the Canadian bail-in regime. The Notes are unsecured, not listed, and subject to the credit risk of Bank of Montreal.

Bank of Montreal priced Market-Linked Securities (Series K) linked to the ADS of Novo Nordisk (NVO). The securities have a $1,000 face amount, an original offering price of $1,000 per security and an estimated initial value of $964.10 per security on the pricing date. They pay a contingent quarterly coupon of 12.10% per annum (with a memory feature) if the Underlier meets the coupon threshold on scheduled calculation days and carry an automatic call feature if the Underlier is at or above the starting value on a calculation day. If not called, maturity on July 12, 2029 will pay $1,000 if the ending value is at or above the downside threshold (60% of the starting value) or a reduced principal equal to $1,000 × (ending value / starting value) if the ending value is below 60% of the starting value. The securities are unsecured obligations of Bank of Montreal and are subject to issuer credit risk, limited secondary market liquidity and uncertain U.S. federal tax treatment.

Bank of Montreal is offering additional MicroSectors™ FANG+™ Index -3X Inverse Leveraged ETNs, reopening the tranche to issue $500,025,000,000 of additional notes and bringing the aggregate principal amount outstanding to $2,000,000,000,000. The additional notes are consolidated with the original notes and trade under the same CUSIP.

The notes provide a daily-resetting -3x leveraged inverse exposure to the NYSE FANG+® Index, accrue a 0.95% per annum Daily Investor Fee, do not pay interest and do not guarantee return of principal. They are intended as intraday trading tools for sophisticated investors and may lose value up to the entire investment.

Bank of Montreal is issuing an additional $125,005,250 in Gold Miners 3X Leveraged ETNs (ticker GDXU), bringing the outstanding aggregate principal to $2,250,000,000. Each note has a principal amount of $250 and the notes are linked to a 3x daily leveraged exposure to the S-Network MicroSectors Gold Miners Index (ticker MINERS) through June 29, 2040.

The notes reset leverage daily, do not pay interest, and deduct a Daily Investor Fee of 0.95% per annum, a Daily Financing Charge based on the Federal Reserve prime rate plus a 5.00% Financing Spread, and a Redemption Fee of 0.125% on redemptions. The filing emphasizes that the notes are intended as short-term, daily trading tools, carry substantial path‑dependence and "decay" risk, and may lose all value.

Bank of Montreal priced US$5,281,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due October 13, 2027. The notes pay monthly contingent coupons at a Contingent Interest Rate of 1.1208% per month (approximately 13.45% per annum) when each referenced index is at or above its Coupon Barrier Level. Observation Dates occur three trading days before each monthly coupon date starting August 13, 2026. The notes are linked to the least performing of the S&P 500 (SPX), NASDAQ-100 (NDX) and Russell 2000 (RTY). They are subject to an automatic redemption if, on any Observation Date beginning January 08, 2027, each Reference Asset is at or above its Call Level (100% of Initial Level). If not called, payment at maturity depends on the Final Level of the Least Performing Reference Asset and a Trigger Event (any Reference Asset below its Trigger Level during the Monitoring Period). The public offering price was 100% (some fee-based accounts between $997.50 and $1,000 per $1,000). The estimated initial value on the Pricing Date was $990.87 per $1,000 in principal amount.

Bank of Montreal priced US$252,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons linked to the common stock of Amazon.com, Inc. The notes pay contingent monthly coupons of 0.8875% per month (approximately 10.65% per annum) if the Reference Asset closes at or above the Coupon Barrier on Observation Dates, begin coupon payments August 9, 2026, and mature July 9, 2027. The notes are automatically redeemable beginning October 6, 2026 if the Reference Asset closes above the Call Level on an Observation Date. At maturity, if the Final Level is below the Trigger Level (70.00% of the Initial Level, $170.91), investors receive a downside cash payoff equal to $1,000 plus the Percentage Change, which may result in less than principal repayment. The public offering price was 100% and the issuer’s estimated initial value was $967.85 per $1,000.

Bank of Montreal priced US$1,000,000 Senior Medium-Term Notes, Series K, Autocallable Barrier Notes with Memory Coupons due July 09, 2029. The notes are linked to the least performing of Delta Air Lines (DAL), Eaton Corporation PLC (ETN) and United Rentals (URI), and were priced on July 06, 2026 with settlement on July 09, 2026.

Key terms: a contingent monthly coupon of 1.5125% (≈18.15% per annum) payable only when each reference asset is at or above its Coupon Barrier on Observation Dates, a Memory Coupon feature that can pay previously unpaid coupons later, an automatic redemption if all Reference Assets are at or above their Call Level on an Observation Date, and a maturity payoff that returns principal unless the Least Performing Reference Asset falls below its Trigger Level (50% of initial), in which case investors suffer downside linked to that asset. The issuer estimated an initial value of $971.14 per $1,000 principal amount.

Bank of Montreal priced US$7,270,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes linked to the common stock of Eli Lilly and Company (LLY). The notes price date is July 06, 2026, settlement July 09, 2026, valuation date August 04, 2027 and maturity August 09, 2027. Each $1,000 principal note pays a contingent coupon of 1.01% per month (approximately 12.12% per annum) when the Reference Asset on an Observation Date is at or above the Coupon Barrier of $816.04 (68.00% of the Initial Level). Notes are automatically callable beginning on January 06, 2027 if the Reference Asset is at or above the Call Level (100% of the Initial Level). At maturity, if a Trigger Event occurs (Final Level < Trigger Level of $816.04), the cash payment equals $1,000 plus $1,000 times the Percentage Change and may be less than principal. The estimated initial value on the pricing date was $965.11 per $1,000. These notes pay cash only and carry issuer credit risk and structural risks described in the product and prospectus supplements.

Bank of Montreal (BMO) priced US$539,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due June 09, 2028, linked to the least performing of the VanEck® Gold Miners ETF (GDX) and the Nasdaq-100 Technology Sector Index (NDXT). The notes pay a monthly contingent coupon of 0.8333% (approximately 10.00% per annum) if each reference asset on an Observation Date is at or above its Coupon Barrier. The notes are callable monthly beginning on October 06, 2026 if both reference assets meet their Call Levels; upon automatic redemption investors receive principal plus the contingent coupon. At maturity, if a Trigger Event occurs (the Final Level of any Reference Asset is below its Trigger Level), the cash payment equals $1,000 × Percentage Change of the Least Performing Reference Asset, which may be less than principal. The pricing date was July 06, 2026 and the estimated initial value on that date was $969.49 per $1,000 principal.

Bank of Montreal priced US$809,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Enhanced Return Notes linked to Oracle Corporation common stock. The notes pay no interest, offer a 150.00% Upside Leverage Factor if not auto‑redeemed, and may be automatically redeemed on July 13, 2027 if Oracle closes above a Call Level of $122.20. If not redeemed, maturity payoffs depend on the Final Level relative to the Initial Level of $143.76 and a Trigger Level of $86.26: holders face full principal risk and may receive shares or cash equal to the Physical Delivery Amount if a Trigger Event occurs. All payments are subject to BMO credit risk.

Bank of Montreal priced US$5,000,000 of Senior Medium-Term Notes, Series K (Barrier Notes with Contingent Coupons) linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 and the S&P 500. The notes pay a Contingent Coupon of 0.5208% per month (approximately 6.25% per annum) on each monthly coupon date if, on the applicable Observation Date, every Reference Asset closes at or above its Coupon Barrier (70% of its Initial Level). If on the Valuation Date any Reference Asset is below its Trigger Level (60% of Initial Level), a Trigger Event occurs and the maturity payment equals $1,000 plus $1,000 times the Percentage Change of the least performing Reference Asset, which may be less than principal or zero. Estimated initial value was $991.02 per $1,000 on the Pricing Date. Key dates: Strike Date July 02, 2026, Pricing Date July 06, 2026, Settlement Date July 09, 2026, Valuation Date April 06, 2027, Maturity Date April 09, 2027.

Bank of Montreal priced US$967,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons — linked to Abercrombie & Fitch Co. (ANF), Delta Air Lines, Inc. (DAL) and KeyCorp (KEY). The notes were priced on July 06, 2026, settle on July 09, 2026, and mature on July 09, 2029. They pay contingent monthly coupons of 1.475% per month (approximately 17.70% per annum) when each Reference Asset’s closing level on an Observation Date is at or above its Coupon Barrier Level, and include a Memory Coupon feature and an automatic redemption (autocall) if all Reference Assets meet the Call Level on an Observation Date.

Bank of Montreal is offering US$1,065,000 in Senior Medium‑Term Notes, Series K: Step Down Autocallable Barrier Notes due July 09, 2029, linked to the least performing of META, NVDA and PLTR. The notes may be automatically redeemed on scheduled Observation Dates beginning July 06, 2027 if each Reference Asset meets its Call Level; call amounts escalate across nine observation dates, with a final Valuation Date of July 03, 2029. At maturity, if a Trigger Event occurs (the Final Level of any Reference Asset is below its Trigger Level of 50.00% of its Initial Level), payment equals $1,000 plus the Percentage Change of the least performing asset and may be less than principal. The pricing supplement states an estimated initial value of $956.17 per $1,000 principal and discloses distribution fees, a public offering price at 100%, and an agent commission of 0.25%.

Bank of Montreal is offering structured, non‑interest bearing notes linked to the S&P 500® Index. Each note has a $1,000 principal amount and a maturity set after a determination date expected 27–30 months from the trade date. If the final index level is at least 85.00% of the initial level, holders receive a threshold settlement amount (expected between $1,176.30 and $1,207.30 per note). If the final level is below the 85.00% threshold, holders suffer losses equal to approximately 1.1765% of principal for each 1% decline below the threshold; losses may equal the full principal. The estimated initial value is $969.00–$999.00 per $1,000 note and will be less than the original issue price. Payments are unsecured obligations of Bank of Montreal and subject to its credit risk. The determination and stated maturity dates may be postponed for market disruption events. Tax treatment is uncertain under U.S. law and Section 871(m) withholding may apply to non‑U.S. investors.

Bank of Montreal (BMO) is offering Accelerated Return Notes® linked to an approximately equally weighted basket of GOOGL, MU and NVDA, with a $10 principal per unit and an expected term of about 14 months, maturing in September 2027. The notes provide a 300% Participation Rate up to a Capped Value to be set on the pricing date; the term sheet shows a Capped Value range of $13.10 to $13.50 per unit. The initial estimated value is shown between $9.10 and $9.50 per unit; the public offering price is $10.00 per unit. Payments depend on the Basket’s Ending Value and BMO’s creditworthiness; principal may be partially or fully lost if the Basket declines.

Bank of Montreal priced Senior Medium-Term Notes, Series K — equity index and ETF linked securities due July 11, 2029. The securities carry a face amount of $1,000 per security and an estimated initial value of $971.03 per security.

They pay a contingent monthly coupon at a 10.32% per annum rate when the lowest-performing underlier meets its coupon threshold; calculation days run monthly from August 2026 to July 6, 2029. An automatic call triggers if the lowest-performing underlier on a calculation day from January 2027 through June 2029 is at or above its starting value. At maturity you may receive the face amount or, if the lowest-performing underlier falls below its downside threshold (70% of starting value), a reduced principal equal to the underlier’s performance factor times the face amount.

Bank of Montreal is offering US$4,715,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due July 09, 2029. The notes pay a contingent coupon of 0.90% per month (≈10.80% per annum) when each reference index meets its coupon barrier on observation dates. If not called, principal repayment at maturity depends on the performance of the least performing reference asset (S&P 500®, NASDAQ-100® or Russell 2000®); a Trigger Event (any final level below 60% of initial) produces a reduced cash payment equal to $1,000 plus $1,000 times the Percentage Change of the least performing reference asset. Pricing Date was July 02, 2026, Settlement Date July 08, 2026, Valuation Date July 03, 2029. The estimated initial value was $986.46 per $1,000 on the Pricing Date. The issuer may call the notes in whole beginning on July 05, 2028 on any Observation Date.

Bank of Montreal priced US$2,485,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons linked to the common shares of Celestica Inc. (CLS). The notes pay a contingent monthly coupon of 3.3542% per month and may autocall beginning on October 08, 2026. If not called, final payment at maturity on January 10, 2028 depends on the Reference Asset's Final Level versus a Trigger Level of $168.11 (50.00% of the Initial Level). The public offering price was stated at 100% of principal and the estimated initial value on the Pricing Date was $946.56 per $1,000.

Bank of Montreal priced US$1,505,000 of Senior Medium-Term Notes, Series K — Capped Contingent Risk Absolute Return Buffer Notes due October 08, 2027. The notes provide 150.00% upside leverage on the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®, subject to a $1,125.00 maximum redemption per $1,000 principal and a 25.00% buffer (Buffer Level = 75.00% of the Initial Level). If the Least Performing Reference Asset finishes between its Initial Level and the Buffer Level, investors receive a capped positive payout up to a Maximum Downside Redemption Amount of $1,250.00 per $1,000. If the Least Performing Reference Asset declines by more than 25.00%, investors lose 1% of principal for each 1% below the buffer, up to a possible 75.00% loss. Payments are unsecured obligations of the Bank of Montreal and subject to its credit risk. The issuer’s estimated initial value was $992.46 per $1,000 on the Pricing Date.

Bank of Montreal priced US$1,599,000 of Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons linked to the least performing of the S&P 500®, NASDAQ-100® and Russell 2000®. The Pricing Date was July 02, 2026, Settlement Date July 08, 2026, Valuation Date July 05, 2028 and Maturity Date July 10, 2028.

The notes pay a Contingent Interest Rate of 0.9583% per month (approximately 11.50% per annum) when each Reference Asset on an Observation Date is at or above its Coupon Barrier Level (70.00% of Initial Level). The public offering price was 100% of principal (public offering price for certain fee-based advisory accounts ranged between $993.00 and $1,000 per $1,000). The estimated initial value was $989.02 per $1,000 in principal amount.

Bank of Montreal priced a US$4,000,000 offering of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes linked to XLI, XLRE and KRE. The notes pay a contingent quarterly coupon of 2.625% (approximately 10.50% per annum) if, on an Observation Date, each reference ETF is at or above its Coupon Barrier Level. The notes have a Pricing Date of July 02, 2026, a Settlement Date of July 08, 2026, and mature on July 08, 2030. If not autocalled, payment at maturity is based on the performance of the Least Performing Reference Asset; a Trigger Event (final level below 62.00% of initial) causes a downside cash payoff that can be less than principal. The cover shows an estimated initial value of $984.40 per $1,000 principal on the Pricing Date.

Bank of Montreal (BMO) priced US$3,345,000 of Senior Medium‑Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due July 09, 2029 — linked to the least performing of the common stocks of Apple Inc. (AAPL), Micron Technology, Inc. (MU) and Advanced Micro Devices, Inc. (AMD). The notes pay a contingent quarterly coupon of 9.58% (approximately 38.32% per annum) when each reference asset closes at or above its 50% coupon barrier on an Observation Date and feature an automatic redemption if all reference assets close at or above their call levels on an Observation Date. At maturity, if not automatically redeemed and if a Trigger Event occurs for the least performing asset (final level below its 50% trigger level), investors may receive a reduced Physical Delivery Amount in shares of the least performing asset or the Cash Delivery Amount. The Pricing Date was July 02, 2026, Settlement Date July 08, 2026, Valuation Date July 03, 2029.

Bank of Montreal priced US$1,000,000 Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Memory Coupons due July 09, 2029, linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000. The notes pay contingent monthly coupons of 0.9333% per month (approximately 11.20% per annum) when each reference index on a coupon observation date is >= its coupon barrier (80% of initial levels). The notes are automatically redeemed if, on a call observation date, each reference asset is >= its initial level. At maturity, if a trigger event occurs (any final level < 60% of its initial level), the cash payment equals $1,000 x (1 + Percentage Change of the Least Performing Reference Asset), which can be less than principal or zero. The estimated initial value at pricing was $989.55 per $1,000. Purchases reflect selling concessions and a 0.60% agent commission; proceeds to issuer shown as $994,000 on the cover. Terms are subject to calculation agent determinations, market disruption adjustments and the documents referenced herein.

Bank of Montreal (BMO) priced Senior Medium-Term Notes, Series K: equity-linked, auto-callable securities linked to the lowest performing share of Advanced Micro Devices, Inc. (AMD) and Alphabet Inc. (GOOGL). Pricing date: July 2, 2026; issue date: July 8, 2026. The original offering price is $1,000 per security and the initial estimated value was $951.40 per security. The securities pay a contingent monthly coupon at a 25.50% per annum rate if the lowest performing underlier on each calculation day is at or above its coupon threshold (60% of starting value). The securities are automatically called if the lowest performing underlier on any monthly calculation day from January 2027 through June 2029 is at or above its starting value, in which case holders receive the face amount plus accrued contingent coupons. At maturity (stated maturity July 6, 2029), if not called, repayment equals the face amount unless the lowest performing underlier’s ending value is below its downside threshold (60% of starting value), in which case payment equals $1,000 × performance factor of that underlier, exposing holders to more than a 40% loss of principal. The offering totals $3,908,000 at issuance. These securities are unsecured obligations of Bank of Montreal and involve credit, market, liquidity and tax uncertainties; they are not FDIC‑insured.

Bank of Montreal is offering Senior Medium-Term Notes, Series K, redeemable fixed rate notes due July 7, 2033. Each Note has a principal amount of $1,000, an issue date of July 20, 2026 and pays interest at 5.00% per annum semi‑annually on January 20 and July 20, with principal payable at maturity unless redeemed earlier.

The Notes are redeemable in whole at 100% of principal on semi‑annual Optional Redemption Dates beginning January 20, 2028. The Notes are unsecured, will not be listed on an exchange, and are bail‑inable under the Canada Deposit Insurance Corporation Act, permitting conversion into common shares under specified Canadian resolution powers.

Bank of Montreal is offering equity-linked, auto-callable senior medium-term notes (Series K) linked to the American Depositary Shares of Novo Nordisk A/S with an original offering price of $1,000 per security. The securities pay quarterly contingent coupons (with a memory feature) at a contingent coupon rate determined on pricing and at least 12.10% per annum. They may be automatically called on quarterly calculation days if the Underlier closes at or above the starting value; otherwise, at maturity on July 12, 2029 holders receive a payment that can be the face amount or can be reduced in proportion to the Underlier’s decline below the 60% downside threshold. The issuer’s estimated initial value on the pricing date was $965.20 per security (not less than $910.00), and purchasers pay an agent discount of $23.25 per security. These are unsecured obligations of Bank of Montreal and carry issuer credit risk and complex tax and market risks.

Bank of Montreal (BMO) priced US$1,087,000 of Senior Medium-Term Notes, Series K — Autocallable Barrier Notes with Contingent Coupons due January 07, 2028 — linked to an equally weighted basket of six asset‑management-related equities. The notes pay a contingent monthly coupon of 0.9583% (approx. 11.50% per annum) when the Basket Closing Level on an Observation Date is at or above the Coupon Barrier Level (60.00). Beginning January 04, 2027, the notes are callable if the Basket Closing Level is at or above the Call Level (100.00) on an Observation Date; automatic redemption returns principal plus the contingent coupon then due. At maturity, if not called, investors receive cash tied to the Basket’s performance: $1,000 plus $1,000 times the Percentage Change, unless a Trigger Event (Basket Final Level below the Trigger Level of 60.00) causes a reduced payment. The public offering price was 100% with proceeds to BMO of 97.60% (agent commission 2.40%); the estimated initial value on pricing was $948.50 per $1,000 principal.

Bank of Montreal priced US$5,727,000 Senior Medium-Term Notes, Series K: Autocallable Barrier Notes with Memory Coupons due July 09, 2029, linked to the least performing common stock of Broadcom Inc. (AVGO) and NVIDIA Corporation (NVDA). The notes pay contingent quarterly coupons of 3.8125% per quarter (approximately 15.25% per annum) when each reference asset meets its coupon barrier on observation dates and include a Memory Coupon Feature and an automatic redemption (autocall) if both reference assets are at or above their Call Level on an Observation Date. Principal at maturity is protected only if neither reference asset falls below its Trigger Level (50.00% of initial levels); if a Trigger Event occurs, repayment is reduced pro rata to the percentage change of the least performing reference asset. The estimated initial value was $956.68 per $1,000 on the Pricing Date.

Bank of Montreal is offering US$1,164,000 of Senior Medium-Term Notes, Series K — Callable Buffer Notes with Contingent Coupons linked to the least performing of the S&P 500, NASDAQ-100 and Russell 2000. The notes priced on July 01, 2026, settle on July 07, 2026 and mature on July 07, 2028.

Each contingent coupon, if payable, equals 0.7542% per month (approximately 9.05% per annum, subject to monthly observation of each reference asset against its coupon barrier (70% of initial level). At maturity, if a reference asset’s Final Level is below its Buffer Level (80% of initial), a Trigger Event causes the principal repayment to be reduced based on the percentage decline of the least performing reference asset; the payment formula and hypothetical outcomes are provided in the supplement. The estimated initial value on the pricing date was $990.55 per $1,000 in principal.

Bank of Montreal offers US$483,000 in Senior Medium-Term Notes, Series K — Callable Barrier Notes with Contingent Coupons due July 09, 2029, linked to the least performing of TLT, NDX and RTY. The pricing date was July 01, 2026, settlement July 07, 2026, and the valuation date is July 03, 2029.

The notes pay a contingent coupon of 1.05% per month (approximately 12.60% per annum) when each Reference Asset on an Observation Date is at or above its Coupon Barrier Level (70% of Initial Level). The notes are callable by the issuer beginning January 06, 2027 on any Observation Date; if called, investors receive principal plus any contingent coupon due on the Call Settlement Date. At maturity, if no Trigger Event occurs, investors receive $1,000 per $1,000 principal. If a Trigger Event occurs (Final Level of any Reference Asset < Trigger Level), the maturity payment equals $1,000 + $1,000 × Percentage Change of the Least Performing Reference Asset, which can be less than principal and may be zero. The public offering price is 100% of principal (public offering range for certain advisory accounts was $994 to $1,000 per $1,000). The estimated initial value on the Pricing Date was $982.56 per $1,000.