Bank of Montreal has issued $4,274,000 in Autocallable Buffer Notes due December 31, 2026, linked to the Russell 2000® Index and NASDAQ-100 Index®. The notes offer quarterly contingent coupons of 1.375% (5.50% p.a.) if both indices close at or above 80% of their initial levels on observation dates.Beginning June 25, 2025, notes will be automatically redeemed if both indices close above 95% of initial levels on any observation date. If not called and no Trigger Event occurs (either index below 80% of initial level at maturity), investors receive full principal. Otherwise, investors lose 1% of principal for each 1% the worst-performing index is below its initial level, beyond a 20% buffer.The notes carry risks including potential loss of principal, limited upside potential, and credit risk of Bank of Montreal. They are not listed on any exchange and may have limited liquidity. BMO Capital Markets is the selling agent, receiving a 2.65% commission.

Bank of Montreal has issued $4,274,000 in Autocallable Buffer Notes due December 31, 2026, linked to the Russell 2000® Index and NASDAQ-100 Index®. The notes offer quarterly contingent coupons of 1.375% (5.50% p.a.) if both indices close at or above 80% of their initial levels on observation dates.Beginning June 25, 2025, notes will be automatically redeemed if both indices close above 95% of initial levels on any observation date. If not called and no Trigger Event occurs (either index below 80% of initial level at maturity), investors receive full principal. Otherwise, investors lose 1% of principal for each 1% the worst-performing index is below its initial level, beyond a 20% buffer.The notes carry risks including potential loss of principal, limited upside potential, and credit risk of Bank of Montreal. They are not listed on any exchange and may have limited liquidity. BMO Capital Markets is the selling agent, receiving a 2.65% commission.