Bank of Montreal is offering Contingent Risk Absolute Return Buffer Notes due July 29, 2026, linked to the S&P 500 Index. The notes provide 125% leveraged upside participation up to a maximum return of 15.50%, and positive returns if the index declines up to 10%, subject to a 10% maximum downside return.If the index declines more than 10%, investors lose 1% for each 1% decline beyond 10%, with potential losses up to 90% of principal. The notes have an estimated initial value of $982.80 per $1,000 principal amount. They will be sold through BMO Capital Markets Corp., with a minimum investment of $1,000.The notes are subject to Bank of Montreal's credit risk and do not provide interest payments or direct index exposure. Investors should carefully consider the risks, including potential loss of principal, before investing.

Bank of Montreal is offering Contingent Risk Absolute Return Buffer Notes due July 29, 2026, linked to the S&P 500 Index. The notes provide 125% leveraged upside participation up to a maximum return of 15.50%, and positive returns if the index declines up to 10%, subject to a 10% maximum downside return.If the index declines more than 10%, investors lose 1% for each 1% decline beyond 10%, with potential losses up to 90% of principal. The notes have an estimated initial value of $982.80 per $1,000 principal amount. They will be sold through BMO Capital Markets Corp., with a minimum investment of $1,000.The notes are subject to Bank of Montreal's credit risk and do not provide interest payments or direct index exposure. Investors should carefully consider the risks, including potential loss of principal, before investing.