蒙特利尔银行美股招股说明书(2026-04-07版)

$2,000,000Senior Medium-Term Notes, Series K dollars equal to $1,000 per Note, plus any accrued and unpaid interest.Semi-annually on the 8th With respect to an Interest Payment Date, the period from, and including, the immediately preceding Interest Payment Date (or, in thecase of the first Interest Period, the Issue Date) to, but excluding, that Interest Payment Date.5.50% per annum. See “General Terms of the Notes—Fixed Rate Notes” in the accompanying product supplement for a discussion of The Notes are redeemable by Bank of Montreal, in whole, but not in part, on the Optional Redemption Dates, at 100% of theirPrincipal Amount plus accrued and unpaid interest to, but excluding, the redemption date. Bank of Montreal will give notice to theholders of the Notes at least 5 business days and not more than 30 business days prior to the Optional Redemption Date in the mannerdescribed in the accompanying prospectus supplement under “Description of the Notes We May Offer—Notices.”Semi-annually on the 8th The Notes involve risks not associated with an investment in conventional debt securities. See “Selected Risk Considerations” beginning on page PS-4 hereinand “Risk Factors” beginning on page PS-5 of the accompanying product supplement, page S-2 of the prospectus supplement and page 9 of the prospectus.The Notes are the unsecured obligations of Bank of Montreal, and, accordingly, all payments on the Notes are subject to the credit risk of Bank of Montreal. If Bank of Montreal defaults on its obligations, you could lose some or all of your investment. The Notes are not insured by the Federal Deposit Insurance Corporation, the DepositInsurance Fund, the Canada Deposit Insurance Corporation or any other governmental agency.Neither the Securities and Exchange Commission nor any state securities commission or other regulatory body has approved or disapproved of these Notes or passedupon the accuracy or adequacy of this pricing supplement or the accompanying product supplement, prospectus supplement and prospectus. Any representation to the Original Issue Price(1)Underwriting Discount(2)Proceeds to Bank of Montreal(2)Per Note$1,000.00$8.00$992.00Total$2,000,000.00$16,000.00$1,984,000.00(1)The original issue price for an eligible institutional investor and an investor purchasing the Notes in a fee-based advisory account will vary based on then-current market conditions and the negotiated price determined at the time of each sale; provided, however, the original issue price for such investors will notbe less than $992.00 per Note and will not be more than $1,000 per Note. The original issue price for such investors reflects a foregone selling concessionwith respect to such sales as described below. The total price to public in the table above assumes a price to public of $1,000 per Note for each Note sold inthis offering.(2)BMO Capital Markets Corp. (“BMOCM”) will receive discounts and commissions of up to $8.00 per Note, and from such underwriting discount will allowselected dealers a selling concession of up to $8.00 per Note depending on market conditions that are relevant to the value of the Notes at the time an order topurchase the Notes is submitted to BMOCM. Dealers who purchase the Notes for sales to eligible institutional investors and fee-based advisory accountsmay forgo some or all selling concessions. The per Note discounts and commissions in the table above represents the maximum discounts and commissionspayable per Note and the per Note proceeds to the Issuer represents the minimum proceeds to the Issuer per Note (based on the maximum discounts andcommissions). The total discounts and commissions in the table above reflects the difference between the assumed total price to public described above andthe actual proceeds to the Issuer. See “Supplemental Plan of Distribution” below. BMO CAPITAL MARKETS ADDITIONAL INFORMATION ABOUT THE ISSUER AND THE NOTES You should read this pricing supplement together with product supplement no. RLN-1 dated March 25, 2025, the prospectussupplement dated March 25, 2025 and the prospectus dated March 25, 2025 for additional information about the Notes. To the extentthat disclosure in this pricing supplement is inconsistent with the disclosure in the product supplement, prospectus supplement orprospectus, the disclosure in this pricing supplement will control. Certain defined terms used but not defined herein have the meanings Our Central Index Key, or CIK, on the SEC website is 927971. When we refer to “we,” “us” or “our” in this pricing supplement, werefer only to Bank of Montreal. You may access the product supplement, prospectus supplement and prospectus on the SEC website www.sec.gov as follows (or ifsuch address has changed, by reviewing our filings for the relevant date on the SEC website): Product Supplement No. RLN-1 dated March 25, 2025:https://www.sec.gov/Archives/edgar/data/927971/000121465925004720/u321250424b2.htmProspectus Supplement and Prospectus da