BANK OF MONTREAL /CAN/ (BMO) SEC Filings, Jul 17, 2026

Bank of Montreal is issuing US$524,000 of Senior Medium-Term Notes, Series K, due June 20, 2028, structured as Callable Barrier Notes with Contingent Coupons linked to the least-performing of the S&P 500 Index, NASDAQ-100 Index and Russell 2000 Index.

The notes pay a 0.9333% monthly contingent coupon (approximately 11.20% per annum), but only if on each Observation Date all three indices are at or above their Coupon Barrier Levels, set at 70% of their Initial Levels. Bank of Montreal may, at its discretion, call the notes in whole on any Observation Date beginning July 15, 2027, paying principal plus any due coupon. If the notes are not called and no Trigger Event occurs, investors receive the full principal at maturity plus any final coupon. If a Trigger Event occurs (any index below its 70% Trigger Level on the Valuation Date), the maturity payment is reduced based on the percentage loss of the least-performing index, and can be as low as zero.

The public offering price is 100% of principal, with a 0.375% selling commission and proceeds to Bank of Montreal of 99.625%. The estimated initial value is $987.75 per $1,000 principal, reflecting internal funding and hedging costs. The notes are unsecured obligations, not insured deposits, and involve significant market, credit and structural risks.

Bank of Montreal is offering Senior Medium-Term Notes, Series K, Redeemable Range Accrual Notes linked to the 10-Year CMT Rate, due July 28, 2031, with a principal amount of $1,000 per Note. At maturity, if not earlier redeemed, holders receive $1,000 per Note plus any accrued and unpaid interest.

Interest is variable and for each Interest Period accrues at a per annum rate up to a Maximum Interest Rate of 6.25% to 7.25% (set on the Trade Date), but only for “Accrual Days” when the 10-Year CMT Rate is between a Lower Barrier of 0.00% and an Upper Barrier of 5.50%. If there are no Accrual Days in a period, the interest rate is 0% and no interest is paid; the Notes may pay little or no interest for extended periods.

The Notes are callable at the issuer’s option at 100% of principal plus accrued interest on quarterly Optional Redemption Dates from July 28, 2027 to April 28, 2031. They are unsecured obligations of Bank of Montreal, not insured by any deposit insurer, and will not be listed on any securities exchange.

The estimated initial value is $975.00 per $1,000 Note on the preliminary date and will not be less than $935.00 at pricing, reflecting internal funding and hedging costs. The value and market price can differ significantly from the issue price, and secondary market liquidity is uncertain. There is also uncertainty in U.S. tax treatment, including possible treatment as variable rate or contingent payment debt instruments.

Bank of Montreal is offering Autocallable Strategic Accelerated Redemption Securities® linked to the EURO STOXX 50® Index, at $10 principal per unit as senior unsecured debt. The initial estimated value is expected between $9.20 and $9.58 per unit, below the public offering price.

The notes may be automatically called on scheduled observation dates if the Index level is at or above the Call Level of 100% of the Starting Value, in which case investors receive the principal plus a call premium and the notes terminate. If never called, and the final Index level is at or above the Threshold Value of 85% of the Starting Value, investors receive only the principal at maturity. If the final Index level is below the Threshold Value, repayment is reduced in proportion to the Index decline, so principal losses can be significant.

The notes are not bail-inable, are not principal protected, are not insured by Canadian or U.S. deposit insurers, and depend entirely on BMO’s credit. Investors pay an underwriting discount of $0.20 per unit and a hedging-related charge of $0.05 per unit, which, together with BMO’s internal funding rate, lower the economic value relative to the issue price. The notes are not expected to be listed, and any secondary market making is discretionary.

Bank of Montreal is offering Autocallable Strategic Accelerated Redemption Securities linked to the S&P 500 Index, at $10 principal per unit, maturing in July 2032 unless automatically called earlier. The notes are senior unsecured obligations, not insured by Canadian or U.S. deposit insurers, and all payments are subject to BMO’s credit risk.

The notes are automatically called, and pay a fixed Call Amount, if on any of six annual Observation Dates the S&P 500 closing level is at or above the Starting Value. Indicative Call Amounts range from [$10.65–$10.75] on the first Observation Date up to [$13.90–$14.50] on the final Observation Date. If never called, investors have 1‑to‑1 downside exposure below a Threshold Value set at 100% of the Starting Value, with up to 100% loss of principal possible.

The public offering price is $10.00 per unit, including an underwriting discount of $0.20 and a hedging-related charge of $0.05, for proceeds to BMO of $9.80 per unit before expenses. The initial estimated value is expected between $9.20 and $9.59 per unit, less than the offering price due to BMO’s internal funding rate, underwriting compensation and hedging costs.

Bank of Montreal is offering senior market-linked notes due July 20, 2028, tied to the lowest performer of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index. Each note has a $1,000 face amount and an estimated initial value of $968.11.

The notes pay a quarterly contingent coupon at 9.50% per annum only if, on each calculation day, the lowest-performing index is at or above 70% of its starting value. From July 2027 to April 2028, if the lowest-performing index is at or above its starting value on a calculation day, the notes are automatically called at par plus that coupon.

If not called, at maturity investors receive $1,000 per note only if the worst index is at or above 70% of its starting value; otherwise principal is reduced in full proportion to that index’s decline, with potential loss of all principal. The notes are unsecured, subject to Bank of Montreal’s credit risk, not bail-inable, and not insured by any deposit insurance agency. U.S. and non-U.S. investors face complex tax treatment, including 30% withholding on coupons for many non-U.S. holders.

Bank of Montreal is offering $1,940,000 aggregate principal amount of Senior Medium-Term Notes, Series K, Redeemable Fixed Rate Notes due July 7, 2033. Each Note has a $1,000 principal amount, trades on a July 16, 2026 trade date and issues on July 20, 2026.

The Notes pay fixed interest at 5.00% per annum, calculated on a 30/360 day count basis, with semi-annual payments on January 20 and July 20, starting January 20, 2027. At maturity, unless earlier redeemed, holders receive $1,000 per Note plus accrued and unpaid interest. The Notes are redeemable at the issuer’s option, in whole but not in part, at 100% of principal plus accrued interest on each January 20 and July 20 from January 20, 2028 through January 20, 2033.

The Notes are unsecured obligations of Bank of Montreal and are designated bail-inable notes under the Canada Deposit Insurance Corporation Act, meaning they may be converted into common shares of Bank of Montreal or its affiliates, or varied or extinguished, in a bail-in conversion. They are not insured by Canadian or U.S. deposit insurance schemes and will not be listed on any securities exchange, so liquidity may be limited. The original issue price is $1,000 per Note, including a $12 underwriting discount, resulting in $1,916,720 in proceeds to Bank of Montreal.

Bank of Montreal is offering S&P 500® Index-linked notes that pay no interest and are designed to be held to maturity on November 8, 2028. The total offering is $6,500,000, in denominations of $1,000 per note, with all proceeds going to Bank of Montreal.

The payoff depends on the S&P 500® level on November 6, 2028 versus the initial level of 7,572.40. If the index is at or above the threshold level of 6,436.54 (85% of the initial level), investors receive a fixed threshold settlement amount of $1,209 per $1,000 note. If it is below the threshold, the maturity payment is reduced at about 1.1765% of principal for every 1% the index falls below the threshold, down to a total loss.

The estimated initial value is $997.17 per $1,000 note, reflecting structuring and hedging costs. The notes are unsecured obligations of Bank of Montreal, are not insured, will not be listed on any securities exchange, and involve complex risks including issuer credit risk, limited liquidity, capped upside, and uncertain tax treatment.

Bank of Montreal is issuing unsecured Nasdaq-100 Index® linked notes that do not bear interest and are designed to be held to maturity on October 19, 2027. For each $1,000 note, repayment depends on index performance between July 15, 2026 and October 15, 2027.

If the Nasdaq-100 final level is above the 29,502.60 initial level, investors receive 200% of the index gain, capped at a maximum settlement amount of $1,211 per note. If the index falls by up to 10% (down to the 26,552.34 buffer level), investors receive $1,000. Below the buffer, investors lose about 1.1111% of principal for every 1% decline beyond the 10% buffer, down to total loss at a zero index level.

The notes’ estimated initial value is $985.82 per $1,000, below the $1,000 issue price, reflecting offering and hedging costs. The notes will not be listed on any exchange, may have limited or no secondary market, and all payments are subject to Bank of Montreal’s credit risk. U.S. and Canadian tax treatment is complex and may change.

Bank of Montreal is offering senior Medium-Term Notes, Series K, fixed-rate, redeemable, due July 31, 2030. Each Note has a $1,000 principal amount, pays fixed interest at 5.00% per annum, and is issued at $1,000, with $985 in proceeds to Bank of Montreal per Note after underwriting discount.

Interest is paid annually on July 31, beginning July 31, 2027, using a 30/360 day count. The Notes are redeemable at the issuer’s option, in whole only, at 100% of principal plus accrued interest on semi-annual optional redemption dates each January 31 and July 31 from July 31, 2027 through January 31, 2030.

The Notes are unsecured obligations, not listed on any securities exchange, and are bail-inable notes under the Canada Deposit Insurance Corporation Act, meaning they may be converted into common shares of Bank of Montreal or its affiliates or varied or extinguished in a bail-in conversion, with holders deemed to consent to such treatment. Investors face issuer credit risk, potential illiquidity, call risk, and the impact of underwriting discounts and hedging costs on any resale price.