蒙特利尔银行美股招股说明书(2026-08-04版)

US$3,045,000Senior Medium-Term Notes, Series KCallable Barrier Notes with Contingent Coupons due August 06, 2029Linked to the Least Performing of the S&P 500®Index and the NASDAQ-100 Index®and the Russell 2000® The notes are designed for investors who are seeking semiannual contingent periodic interest payments (as described in more detail below), as well as a return ofprincipal if the notes are redeemed prior to maturity. Investors should be willing to have their notes redeemed prior to maturity, be willing to forego any potentialto participate in any increase in the level of the Reference Assets and be willing to lose some or all of their principal at maturity.The notes will pay a Contingent Coupon on each Contingent Coupon Payment Date at the Contingent Interest Rate of 4.925% per semiannual period (approximately 9.85% per annum) if the closing level of each of the S&P 500®Index, the NASDAQ-100 Index®, and the Russell 2000® Index (each, a "ReferenceAsset" and, collectively, the "Reference Assets") on the applicable semiannual Observation Date is greater than or equal to its Coupon Barrier Level. However, ifthe closing level of any Reference Asset is less than its Coupon Barrier Level on an Observation Date, the notes will not pay the Contingent Coupon for thatObservation Date.Beginning on February 03, 2027 , Bank of Montreal may, in its discretion, elect to call the notes in whole, but not in part, on any Observation Date (an "Issuer Call"). If Bank of Montreal elects to call the notes, investors will receive their principal amount plus any Contingent Coupon otherwise due on the ContingentCoupon Payment Date following the Issuer Call (the "Call Settlement Date"). After the notes are redeemed pursuant to an Issuer Call, investors will not receiveany additional payments in respect of the 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 each Reference Asset and whether the Final Level of any Reference Asset has declined from its Initial Level to below its Trigger Levelon 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.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. 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:July 31, 2026Settlement Date:August 05, 2026Specific Terms of the Notes: 1Selected dealers will receive a structuring fee of up to $4.50 from us or one of our affiliates for each note. The costs included in the “Price to Public” above will also include fees paid to one or more electronic platforms forproviding certain electronic platform services with respect to this offering, where selected dealers implement or utilize such providers.* 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 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 $990.09 per $1,000 in principal amount. However, as discussed in more detail below, the actual value of the notes at anytime will reflect many factors and cannot be predicted with accuracy. BMO CAPITAL MARKETS The S&P 500®Index (ticker symbol "SPX") and the NASDAQ-100 Index®