Bank of Montreal has issued $5,552,000 in Autocallable Barrier Notes with Contingent Coupons due June 24, 2026. The notes are linked to the performance of iShares Russell 2000 ETF (IWM) and SPDR S&P 500 ETF Trust (SPY).The notes offer a contingent monthly coupon of 0.6167% (7.40% p.a.) if both ETFs close at or above 80% of their initial levels on observation dates. Starting June 2025, notes will be automatically redeemed if both ETFs close above their initial levels. If not called and either ETF closes below 80% of its initial level at maturity, investors risk principal loss proportional to the worst-performing ETF.BMO Capital Markets is the selling agent. The notes' initial estimated value is $958.23 per $1,000 principal amount, below the public offering price. The notes are subject to Bank of Montreal's credit risk and will not be listed on any securities exchange.

Bank of Montreal has issued $5,552,000 in Autocallable Barrier Notes with Contingent Coupons due June 24, 2026. The notes are linked to the performance of iShares Russell 2000 ETF (IWM) and SPDR S&P 500 ETF Trust (SPY).The notes offer a contingent monthly coupon of 0.6167% (7.40% p.a.) if both ETFs close at or above 80% of their initial levels on observation dates. Starting June 2025, notes will be automatically redeemed if both ETFs close above their initial levels. If not called and either ETF closes below 80% of its initial level at maturity, investors risk principal loss proportional to the worst-performing ETF.BMO Capital Markets is the selling agent. The notes' initial estimated value is $958.23 per $1,000 principal amount, below the public offering price. The notes are subject to Bank of Montreal's credit risk and will not be listed on any securities exchange.