蒙特利尔银行美股招股说明书(2026-04-17版)

US$825,000Senior Medium-Term Notes, Series KAutocallable Notes with Contingent Coupons due April 20, 2029Linked to the Least Performing of the Class A common stock of CrowdStrike Holdings, Inc. and the Class A common stock of MetaPlatforms, Inc. and the common stock of Tesla, Inc. The notes are designed for investors who are seeking monthly contingent periodic interest payments (as described in more detail below), as well as a return ofprincipal if the closing level of each of the Class A common stock of CrowdStrike Holdings, Inc. and the Class A common stock of Meta Platforms, Inc. and thecommon stock of Tesla, Inc. (each, a "Reference Asset" and, collectively, the "Reference Assets") on any quarterly Call Observation Date beginning in July 2026 isgreater than 100% of its Initial Level (the “Call Level”). Investors should be willing to have their notes automatically redeemed prior to maturity and be willing toforego any potential to participate in the appreciation of the Reference Assets.The notes will pay a Contingent Coupon on each Contingent Coupon Payment Date at the Contingent Interest Rate of 0.8542% per month (approximately 10.25% per annum) if the closing level of each Reference Asset on the applicable monthly Coupon Observation Date is greater than or equal to its Coupon Barrier Level.However, if the closing level of any Reference Asset is less than its Coupon Barrier Level on a Coupon Observation Date, the notes will not pay the ContingentCoupon for that Coupon Observation Date.Beginning on July 15, 2026, if on any Call Observation Date, the closing level of each Reference Asset is greater than its Call Level, the notes will be automatically redeemed. On the following Contingent Coupon Payment Date (the “Call Settlement Date"), investors will receive their principal amount plus theContingent Coupon otherwise due. After the notes are redeemed, investors will not receive any additional payments in respect of the notes.If the notes are not automatically redeemed, investors will receive a cash amount at maturity that is equal to the principal amount, together with the final Contingent Coupon, if payable. Investing in the notes is not equivalent to a direct investment in the Reference Assets. 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 notes will not be subject to conversion into our common shares or the common shares of any of our affiliates under subsection 39.2(2.3) of the Canada DepositInsurance Corporation Act (the “CDIC Act”). Terms of the Notes: Pricing Date:April 15, 2026Settlement Date:April 20, 2026Specific Terms of the Notes: 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, the product supplement, the prospectussupplement or the prospectus. Any representation to the contrary is a criminal offense. The notes will be our unsecured obligations and will not be savings accounts or deposits that are insured by the United States FederalDeposit Insurance Corporation, the Deposit Insurance Fund, the Canada Deposit Insurance Corporation or any other governmental agency or instrumentality or other entity.On the date hereof, based on the terms set forth above, the estimated initial value of the notes is $982.49 per $1,000 in principal amount. However, as discussed in more detail below, the actual value of the notes at any time will reflect many factors and cannot be predicted with accuracy. BMO CAPITAL MARKETS 1Subject to the occurrence of a market disruption event, as described in the accompanying product supplement. 2As determined by the calculation agent and subject to adjustment in certain circumstances. See "General Terms of the Notes — Anti-dilutionAdjustments to a Reference Asset that Is an Equity Security (Including Any ETF)" in the product supplement for additional information. Additional Terms of the Notes You should read this document together with the product supplement dated March 25, 2025, the prospectus supplement dated March 25,2025 and the prospectus dated March 25, 2025.This document, together with the documents listed below, contains the terms of the notes andsupersedes all other prior or contemporaneous oral statements as well as any other written materials including preliminary or indicativepricing terms, correspondence, trade ideas, structures for implementation, sample structures, fact sheets, brochures or other educationalmaterials of ours or the agent.You should carefully consider, among other things, the matters set forth in Additional Risk Factors Relating to theNotes in the product supplement, as the notes involve risks not associated with conventional debt securities. We urge you to consult your investment,legal, tax, accounting and other adv