蒙特利尔银行美股招股说明书(2026-04-28版)

US$9,067,000Senior Medium-Term Notes, Series KCallable Barrier Notes due April 30, 2027Linked to the Least Performing of the S&P 500®Index and the NASDAQ-100 Index®and the Russell 2000®Index The notes are designed for investors who seek periodic interest payments at the interest rate (the "Interest Rate") of 0.842% per month (approximately 10.10% perannum). Investors should be willing to have their notes redeemed prior to maturity, be willing to forego any potential to participate in the appreciation of the S&P500®Index and the NASDAQ-100 Index®and the Russell 2000®Index (each, a "Reference Asset" and, collectively, the "Reference Assets"), and be willing tolose some or all of their principal at maturity.The notes will pay a Coupon on each Coupon Payment Date at the Interest Rate, subject to the Issuer Call feature. Beginning on October 27, 2026, Bank of Montreal may, in its discretion, elect to call the notes in whole, but not in part, on any Call Date (an "Issuer Call"). IfBank of Montreal elects to call the notes, investors will receive their principal amount plus the Coupon otherwise due on the Coupon Payment Date following theIssuer Call (the "Call Settlement Date"). After the notes are redeemed pursuant to an Issuer Call, investors will not receive any additional payments in respect ofthe notes.The notes do not guarantee any return of principal at maturity. Instead, if the notes are not redeemed pursuant to an Issuer Call, the payment at maturity will be based on the Final Level of the Least Performing Reference Asset (as defined below) and whether the Final Level of any Reference Asset has declined from itsInitial Level to below its Trigger Level on the Valuation Date (a “Trigger Event”), as described below.If the notes are not subject to an Issuer Call and a Trigger Event has occurred investors will lose 1% of the principal amount for each 1% decrease in the level of the Least Performing Reference Asset (as defined below) from its Initial Level to its Final Level. In such a case, you will receive a cash amount at maturity that isless than the principal amount, together with the final Coupon. Even with Interest payments, the return on the notes may be negative.Investing in the notes is not equivalent to a hypothetical direct investment in the Reference Assets. 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. Our subsidiary, BMO Capital Markets Corp. (“BMOCM”), is the agent for this offering. See “Supplemental Plan of Distribution (Conflicts of Interest)” below.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 Deposit Insurance Corporation Act (the “CDIC Act”). Terms of the Notes: Strike Date:April 22, 2026Pricing Date:April 24, 2026Settlement Date:April 29, 2026Specific 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 to the Pricing Date, which mayhave been variable and fluctuated depending on market conditions at such times. Certain dealers who purchased the notes for sale to certain fee-based advisory accounts may have foregone some or all of their sellingconcessions, fees or commissions. The public offering price for investors purchasing the notes in these accounts was between $997.50 and $1,000 per $1,000 in principal amount. We or one of our affiliates will also pay areferral fee to certain dealers of up to 0.20% of the principal amount in connection with the distribution of the notes.* Rounded to two decimal places with respect to SPX and NDX and rounded to three decimal places with respect to RTY. Investing in the notes involves risks, including those described in the “Selected Risk Considerations” section beginning on page P-5 hereof, the “Additional Risk Factors Relating to the Notes” section beginningon page PS-6 of the product supplement, and the “Risk Factors” section beginning on page S-1 of the prospectus supplement and on page 8 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, the product 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 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 $991.18 per $1,000 in principal amount. However, as dis