Bank of Montreal has issued $4.953 million in Senior Medium-Term Notes, Series I Enhanced Return Notes due February 26, 2026, linked to the S&P 500 Index. The notes offer 300% leveraged positive return based on S&P 500 appreciation, capped at a maximum redemption amount of $1,119 per $1,000 principal (11.90% return).If the S&P 500 declines, investors will lose 1% of principal for each 1% index decline. The notes do not pay interest and are not listed on any exchange. BMO Capital Markets Corp. is acting as agent for the offering, with a 2.35% commission.The estimated initial value of the notes is $969.24 per $1,000 principal. All payments are subject to Bank of Montreal's credit risk. The notes will not be subject to conversion under the Canada Deposit Insurance Corporation Act.

Bank of Montreal has issued $4.953 million in Senior Medium-Term Notes, Series I Enhanced Return Notes due February 26, 2026, linked to the S&P 500 Index. The notes offer 300% leveraged positive return based on S&P 500 appreciation, capped at a maximum redemption amount of $1,119 per $1,000 principal (11.90% return).If the S&P 500 declines, investors will lose 1% of principal for each 1% index decline. The notes do not pay interest and are not listed on any exchange. BMO Capital Markets Corp. is acting as agent for the offering, with a 2.35% commission.The estimated initial value of the notes is $969.24 per $1,000 principal. All payments are subject to Bank of Montreal's credit risk. The notes will not be subject to conversion under the Canada Deposit Insurance Corporation Act.