蒙特利尔银行美股招股说明书(2026-06-01版)

Market Linked Securities—Contingent Fixed Return and Contingent DownsidePrincipal at Risk Securities Linked to the Lowest Performing of the Common Stock of Dollar General Corporation, the Common Stock of The Home Depot, Inc. and the Common Stock of Tractor Supply Company due June 8, 2027Linked to the lowest performing of the common stock of Dollar General Corporation, the common stock of The Home Depot, Inc. and the common stock of Tractor Supply Company (each referred to as an “Underlier”)Unlike ordinary debt securities, the securities do not pay interest or repay a fixed amount of principal at maturity.Instead, the securities provide for a maturity payment amount that may be greater than or less than the face amount of the securities, depending on the performance of thelowest performing Underlier from its starting value to its ending value.The lowest performing Underlier is the Underlier with the lowestunderlier return, calculated for each Underlier as the percentage change from its starting value to its ending value. The maturity payment amountwill reflect the following terms:If the value of the lowest performing Underlier increases, remains flat or decreases, but the decrease is not more than 25%, you will receive the face amountplusa contingent fixed return of 38.20% of the face amount If the value of the lowest performing Underlier decreases by more than 25%, you will have full downside exposure to the decrease in thevalue of the lowest performing Underlier from its starting value, and you will lose more than 25%, and possibly all, of the face amount ofyour securitiesInvestors may lose a significant portion or all of the face amount Your return on the securities will depend solely on the performance of the lowest performing Underlier. You will not benefit in any way from theperformance of the better performing Underliers. Therefore, you will be adversely affected if any Underlier performs poorly, even if the otherUnderliers perform favorablyAll payments on the securities are subject to the credit risk of Bank of Montreal, and you will have no ability to pursue any Underlier for payment; if Bank of Montreal defaults on its obligations, you could lose some or all of your investmentNo periodic interest payments or dividends No exchange listing; designed to be held to maturity On the date of this pricing supplement, the estimated initial value of the securities is $942.16 per security. As discussed in more detail in this pricing supplement, theactual value of the securities at any time will reflect many factors and cannot be predicted with accuracy. See “Estimated Value of the Securities” in this pricingsupplement.The securities have complex features and investing in the securities involves risks not associated with an investment in conventional debt securities. See “Selected Risk Considerations” beginning on page PRS-8 herein and “Risk Factors” beginning on page PS-5 of the accompanying product supplement, page S-2 of the prospectussupplement and page 9 of the prospectus.The securities are the unsecured obligations of Bank of Montreal, and, accordingly, all payments on the securities 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 securities are not insured by the Federal Deposit Insurance Corporation,the Deposit Insurance Fund, the Canada Deposit Insurance Corporation or any other governmental agency.The securities are not bail-inable notes and are not 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.Neither the Securities and Exchange Commission nor any state securities commission or other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy of this pricing supplement or the accompanying product supplement, prospectus supplement and prospectus. Any representation to thecontrary is a criminal offense. (1)Wells Fargo Securities, LLC is the agent for the distribution of the securities and is acting as principal. See “Terms of the Securities—Agent” and “Estimated Value of theSecurities” in this pricing supplement for further information.(2)In respect of certain securities sold in this offering, our affiliate, BMO Capital Markets Corp., may pay a fee of up to $2.00 per security to selected securities dealers inconsideration for marketing and other services in connection with the distribution of the securities to other securities dealers.Wells Fargo Securities Market Linked Securities—Contingent Fixed Return and Contingent DownsidePrincipal at Risk Securities Linked to the Lowest Performing of the Common Stock of Dollar GeneralCorporation, the Common Stock of The Home Depot, Inc. and the Common Stock of Tractor Supply Company dueJune 8, 2027 Market Linked Securities—Contingent Fixed Return and Contingent DownsidePrin