Bank of Montreal has issued $3,187,000 in Autocallable Buffer Enhanced Return Notes due December 24, 2026, linked to a basket of the Russell 2000 and S&P MidCap 400 indices. The notes offer 125% leveraged upside potential if not automatically redeemed early.The notes will be automatically redeemed on December 24, 2025 if the basket level is at or above its initial level, paying the principal plus a 9.60% return. If not redeemed early and the basket declines by more than 10% at maturity, investors will lose 1% for each 1% decline beyond 10%, with potential losses up to 90% of principal.The notes do not pay interest and are subject to Bank of Montreal's credit risk. Citigroup Global Markets Inc. is acting as the selling agent. The estimated initial value is $964.30 per $1,000 principal amount, below the public offering price.

Bank of Montreal has issued $3,187,000 in Autocallable Buffer Enhanced Return Notes due December 24, 2026, linked to a basket of the Russell 2000 and S&P MidCap 400 indices. The notes offer 125% leveraged upside potential if not automatically redeemed early.The notes will be automatically redeemed on December 24, 2025 if the basket level is at or above its initial level, paying the principal plus a 9.60% return. If not redeemed early and the basket declines by more than 10% at maturity, investors will lose 1% for each 1% decline beyond 10%, with potential losses up to 90% of principal.The notes do not pay interest and are subject to Bank of Montreal's credit risk. Citigroup Global Markets Inc. is acting as the selling agent. The estimated initial value is $964.30 per $1,000 principal amount, below the public offering price.