蒙特利尔银行美股招股说明书(2026-02-17版)

US$88,000Senior Medium-Term Notes, Series KAutocallable Barrier Enhanced Return Notes due February 20, 2029 ●The notes are designed for investors who are seeking 150.00% leveraged positive return based on any appreciation in the level of the ClassA common stock of Palantir Technologies Inc. (the “Reference Asset”) if the notes are not automatically redeemed prior to maturity. Investorsshould be willing to have their notes automatically redeemed prior to maturity, be willing to forego any potential to participate in any increase On February 19, 2027, if the closing level of the Reference Asset is greater than 100.00% of its Initial Level (its “Call Level”), the notes willbe automatically redeemed. On the corresponding settlement date (the “Call Settlement Date"), investors will receive their principal amountplus the applicable Call Amount (which represents a return of approximately 22.50% per annum). After the notes are redeemed, investors If the notes are not automatically redeemed and the Reference Asset decreases by more than 40.00% from its Initial Level, investors willlose 1% of the principal amount for each 1% decrease in the level of the Reference Asset from its Initial Level to its Final Level. In such acase, you will receive a cash amount at maturity that is less than the principal amount, and may lose up to 100% of your principal amount at Investing in the notes is not equivalent to a direct investment in the Reference Asset. ●The notes do not bear interest. The notes will not be listed on any securities exchange.●All payments on the notes are subject to the credit risk of Bank of Montreal. ●The notes will be issued in minimum denominations of $1,000 and integral multiples of $1,000.●The CUSIP number of the notes is 06376JUV1.●Our subsidiary, BMO Capital Markets Corp. (“BMOCM”), is the agent for this offering. See “Supplemental Plan of Distribution (Conflicts ofInterest)” below.●The notes will not be subject to conversion into our common shares or the common shares of any of our affiliates under subsection Terms of the Notes: 1The total “Agent’s Commission” and “Proceeds to Bank of Montreal” specified above reflect the aggregate amounts at the time Bank of Montreal established its hedge positions on or prior tothe Pricing Date, which may have been variable and fluctuated depending on market conditions at such times. Certain dealers who purchased the notes for sale to certain fee-based advisoryaccounts may have foregone some or all of their selling concessions, fees or commissions. The public offering price for investors purchasing the notes in these accounts was between $955.00 Investing in the notes involves risks, including those described in the “Selected Risk Considerations” section beginning on page P-5 hereof, the “Additional Risk FactorsRelating to the Notes” section beginning on page PS-5 of the product supplement, and the “Risk Factors” section beginning on page S-1 of the prospectus supplement and on page8 of the prospectus. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these notes or passed upon the accuracy of this document, theproduct supplement, the prospectus supplement or the prospectus. Any representation to the contrary is a criminal offense. The notes will be our unsecured obligations and will not be savingsaccounts or deposits that are insured by the United States Federal Deposit Insurance Corporation, the Deposit Insurance Fund, the Canada Deposit Insurance Corporation or any other On the date hereof, based on the terms set forth above, the estimated initial value of the notes is $910.57 per $1,000 in principal amount. However, as discussed in more detail below, theactual value of the notes at any time will reflect many factors and cannot be predicted with accuracy. The Class A common stock of Palantir Technologies Inc. (ticker symbol "PLTR"). See "The Reference Asset"below for additional information. On February 19, 2027, if the closing level of the Reference Asset is greater than its Call Level, the notes willbe automatically redeemed. No further amounts will be owed to you under the notes and you will notparticipate in any positive performance of the Reference Asset. If the notes are automatically redeemed, then, on the corresponding Call Settlement Date, investors willreceive their principal amount plus the applicable Call Amount. Payoff Example The following table shows the hypothetical payout profile of an investment in the notes assuming the notes are notautomatically redeemed, based on various hypothetical Final Levels (and the corresponding Percentage Change) of theReference Asset, reflecting the 150.00% Upside Leverage Factor, and Barrier Level of 60.00% of the Initial Level. Please see“Examples of the Hypothetical Payment at Maturity for a $1,000 Investment in the Notes” below for more detailed examples. If thenotes are automatically redeemed, investors will receive their principal am