MicroSectors™ Energy 3X Leveraged ETN SEC Filings

The offering describes principal-at-risk, 200.00% upside-leveraged notes linked to the NASDAQ-100 Index with a capped payoff and a defined downside buffer. For each $1,000 principal, the Maximum Redemption Amount is $1,115.00 (an 11.50% capped return). If the Reference Asset falls more than 15.00% from its Initial Level to its Final Level, investors lose 1% of principal for each 1% decline beyond the 15.00% buffer, exposing holders to up to an 85.00% loss of principal at maturity. The notes pay no interest, are unsecured obligations of Bank of Montreal and depend on BMO creditworthiness. They will not be listed and may have limited liquidity; secondary prices may be lower than the public offering price. The initial estimated value is lower than the offering price and is model-based, and tax treatment is uncertain.

BMO Financial Group filed a Form 6-K that includes a press release stating the company announces an intention to purchase for cancellation up to 30 million of its common shares. The document is presented as an exhibit and is signed by the company's Chief Financial Officer, Tayfun Tuzun, and Corporate Secretary, Pascale Elharrar. The filing lists registration statements and exhibits and identifies the press release as Exhibit 99.1.

Bank of Montreal disclosed detailed fair-value and interest-expense notes for periods ended July 31, 2025. Trading securities include $32,913 million of Collateralized Mortgage Obligations (CMO) at July 31, 2025 versus $21,485 million at October 31, 2024, with related allowance for credit losses (ACL) of $2 million. Interest expense on liabilities carried at fair value was $832 million for the three months and $2,612 million for the nine months ended July 31, 2025 (prior-year three and nine months: $726 million and $2,061 million). Interest expense on liabilities carried at amortized cost declined to $9,414 million and $29,416 million for the three and nine months ended July 31, 2025 (prior-year: $11,583 million and $33,030 million). The filing notes various tax (provision) recoveries and that unrealized gains/losses on Trading and FVTPL securities still held are included in earnings. It also discloses option dilution exclusions and small ACLs recorded in AOCI.