Bank of Montreal has issued $2.333 million in Senior Medium-Term Notes, Series I, due June 24, 2026. The notes are linked to the performance of the S&P 500® Index, offering 1-to-1 positive return based on index appreciation, capped at a maximum redemption amount of $1,080 per $1,000 principal (8% return).The notes do not bear interest and provide principal protection if the index declines. BMO Capital Markets Corp. is acting as the agent for this offering, with an approximate 1.3167% commission. The estimated initial value of the notes is $974.78 per $1,000 principal amount.Investors should note that the notes are subject to Bank of Montreal's credit risk and will not be subject to conversion under the Canada Deposit Insurance Corporation Act. The notes are being offered to individually identified investors in certain jurisdictions under private placement rules.

Bank of Montreal has issued $2.333 million in Senior Medium-Term Notes, Series I, due June 24, 2026. The notes are linked to the performance of the S&P 500® Index, offering 1-to-1 positive return based on index appreciation, capped at a maximum redemption amount of $1,080 per $1,000 principal (8% return).The notes do not bear interest and provide principal protection if the index declines. BMO Capital Markets Corp. is acting as the agent for this offering, with an approximate 1.3167% commission. The estimated initial value of the notes is $974.78 per $1,000 principal amount.Investors should note that the notes are subject to Bank of Montreal's credit risk and will not be subject to conversion under the Canada Deposit Insurance Corporation Act. The notes are being offered to individually identified investors in certain jurisdictions under private placement rules.