Bank of Montreal is offering Senior Medium-Term Notes, Series I Autocallable Barrier Notes due December 28, 2026, linked to NVIDIA Corporation stock. The notes may pay monthly contingent coupons of 1.25% (15% annually) if NVIDIA's stock closes above the coupon barrier level on observation dates.The notes feature automatic early redemption if NVIDIA stock closes above the call level on quarterly dates starting June 2025. At maturity, investors risk losing principal if NVIDIA stock closes below 60% of its initial level. The notes do not provide upside participation in NVIDIA stock beyond coupon payments.BMO Capital Markets is acting as selling agent. The estimated initial value of the notes is $974.50 per $1,000 principal amount, below the public offering price. The notes involve significant risks and are not suitable for all investors.

Bank of Montreal is offering Senior Medium-Term Notes, Series I Autocallable Barrier Notes due December 28, 2026, linked to NVIDIA Corporation stock. The notes may pay monthly contingent coupons of 1.25% (15% annually) if NVIDIA's stock closes above the coupon barrier level on observation dates.The notes feature automatic early redemption if NVIDIA stock closes above the call level on quarterly dates starting June 2025. At maturity, investors risk losing principal if NVIDIA stock closes below 60% of its initial level. The notes do not provide upside participation in NVIDIA stock beyond coupon payments.BMO Capital Markets is acting as selling agent. The estimated initial value of the notes is $974.50 per $1,000 principal amount, below the public offering price. The notes involve significant risks and are not suitable for all investors.