Bank of Montreal has filed a preliminary pricing supplement for Market Linked Securities linked to the EURO STOXX 50® Index, due February 3, 2028. These auto-callable securities offer leveraged upside participation with fixed percentage buffered downside, and a face amount of $1,000 per security.Key features include a call premium of at least 12.50% if automatically called on February 4, 2026, a 150% upside participation rate, and a 15% buffer amount. If not called, the maturity payment depends on the Underlier's performance, with potential for loss up to 85% of face value if below the 85% threshold.The securities involve complex features and risks, including credit risk and limited returns. The estimated initial value is $963.50 per security, below the offering price. Wells Fargo Securities may receive up to 2.575% agent discount. Investors are advised to carefully review all associated documents before investing.

Bank of Montreal has filed a preliminary pricing supplement for Market Linked Securities linked to the EURO STOXX 50® Index, due February 3, 2028. These auto-callable securities offer leveraged upside participation with fixed percentage buffered downside, and a face amount of $1,000 per security.Key features include a call premium of at least 12.50% if automatically called on February 4, 2026, a 150% upside participation rate, and a 15% buffer amount. If not called, the maturity payment depends on the Underlier's performance, with potential for loss up to 85% of face value if below the 85% threshold.The securities involve complex features and risks, including credit risk and limited returns. The estimated initial value is $963.50 per security, below the offering price. Wells Fargo Securities may receive up to 2.575% agent discount. Investors are advised to carefully review all associated documents before investing.