MicroSectors™ Energy 3X Leveraged ETN SEC Filings

Bank of Montreal has filed a pricing supplement for Autocallable Barrier Notes with Contingent Coupons due June 30, 2026, linked to the performance of the S&P 500® Index and Russell 2000® Index. The notes offer:

• Quarterly contingent coupon payments of 2.125% (approximately 8.50% per annum) if both indices close above their Coupon Barrier Levels (60% of Initial Levels)
• Automatic early redemption starting September 2025 if both indices close above their Initial Levels
• Risk of principal loss if a Trigger Event occurs (any index falls below 60% of Initial Level during monitoring period) and the worst-performing index closes below Initial Level at maturity

Key features include $1,000 minimum denominations, estimated initial value of $986.10 per note, and BMO Capital Markets as agent. The notes are subject to Bank of Montreal's credit risk and will not be listed on any securities exchange. This structured product offers conditional income but does not provide direct exposure to the underlying indices.

Bank of Montreal has filed a pricing supplement for Autocallable Barrier Notes linked to the performance of three major indices: the S&P 500, Russell 2000, and Dow Jones Industrial Average. The notes, due January 19, 2027, offer monthly contingent coupon payments at 0.595% per month (approximately 7.14% per annum) if all reference assets close above their respective Coupon Barrier Levels.

Key features include:

• Automatic early redemption starting January 2026 if all reference assets close above their Initial Levels
• Coupon Barrier and Trigger Levels set at 60% of Initial Levels
• Principal at risk: Investors could lose 1% for every 1% decline in worst-performing index if triggered
• Minimum denomination of $1,000
• Estimated initial value of $984.90 per $1,000 principal amount

The notes are subject to Bank of Montreal's credit risk and will not be listed on any securities exchange. They are designed for investors seeking monthly income while accepting potential principal loss and limited upside participation.

Bank of Montreal has filed a pricing supplement for Barrier Notes due August 3, 2026, linked to the performance of the Russell 2000® Index and S&P 500® Index. The notes offer:

• Monthly interest payments of 0.8058% (approximately 9.67% per annum)
• Principal at risk based on the performance of the worst-performing index
• A Trigger Event occurs if either index falls below 75% of its Initial Level during monitoring
• If triggered and the worst-performing index is below its Initial Level at maturity, investors lose 1% for every 1% decline

Key features include $1,000 minimum denominations, estimated initial value of $985.60 per note, and no listing on securities exchanges. The notes carry Bank of Montreal's credit risk and do not participate in index appreciation. The offering includes selling concessions up to 0.65% and special pricing for fee-based advisory accounts between $993.50-$1,000 per note.

Bank of Montreal has filed a pricing supplement for Autocallable Barrier Notes with Contingent Coupons due June 30, 2026, linked to the performance of the S&P 500 and Russell 2000 indices. The notes offer:

• Quarterly contingent coupon payments of 2.725% (10.90% per annum) if both indices close above their Coupon Barrier Levels (70% of Initial Levels)
• Automatic early redemption starting September 2025 if both indices close above their Initial Levels
• No guaranteed principal protection; investors risk losing principal if: - Any index falls below its Trigger Level (70% of Initial Level) during monitoring period AND - The worst-performing index closes below its Initial Level at maturity

The notes will be issued in $1,000 denominations with an estimated initial value of $984.70 per note. They are subject to Bank of Montreal's credit risk and will not be listed on any securities exchange. The offering includes selling concessions up to 0.725% and targets investors seeking quarterly income while accepting potential principal loss.

Bank of Montreal has filed a Free Writing Prospectus for Digital Return Barrier Notes due August 11, 2026, linked to the performance of the S&P 500 and Russell 2000 indices. The notes offer a 9.00% digital return if the least performing index stays above 68% of its initial level.

Key features include:

• Principal at risk: Investors lose 1% for each 1% decline below 68% barrier level
• Minimum denomination: $1,000
• Estimated initial value: $987.50 per $1,000 principal
• Settlement Date: July 11, 2025
• Agent's Commission: Up to 0.43%

Notable risks include potential loss of entire principal, limited upside capped at 9% digital return, and exposure to small-cap volatility through Russell 2000 index. Returns are determined by worst-performing index only. The notes are subject to Bank of Montreal's credit risk and will not be FDIC or CDIC insured.

Bank of Montreal has filed a Free Writing Prospectus for Contingent Risk Absolute Return Buffer Notes due July 17, 2028, linked to the performance of the S&P 500® Index and Russell 2000® Index. The notes offer:

• 1-to-1 positive return based on the least performing index, capped at 50.88% maximum return ($1,508.80 per $1,000 principal)
• Positive return if the final level is below initial but above 75% buffer level, capped at 25% maximum downside return ($1,250 per $1,000)
• Loss exposure of 1% for each 1% decline beyond 25% buffer, with potential loss up to 75% of principal
• Notes priced at 100% ($1,000 denominations) with 1.20% agent commission

Key risks include potential principal loss, capped upside participation, and exposure to worst-performing index only. Notes are subject to Bank of Montreal's credit risk and will not be listed on any securities exchange. The estimated initial value is $976.10 per $1,000 principal amount.