Bank of Montreal is offering Senior Medium-Term Notes, Series I Autocallable Barrier Notes due January 25, 2027. The notes are linked to the performance of the Nasdaq-100 Technology Sector Index, Russell 2000® Index, and S&P 500® Index.The notes will pay a monthly contingent coupon of 0.8625% (approximately 10.35% per annum) if each Reference Asset closes above its Coupon Barrier Level. Starting July 22, 2025, the notes will be automatically redeemed if all Reference Assets close above their Call Levels. If not redeemed and no Trigger Event occurs, investors receive full principal at maturity. A Trigger Event occurs if any Reference Asset's Final Level is below 70% of its Initial Level.The notes involve risks including potential loss of principal. They are subject to Bank of Montreal's credit risk and offer no direct equity ownership. The estimated initial value is expected to be less than the public offering price.

Bank of Montreal is offering Senior Medium-Term Notes, Series I Autocallable Barrier Notes due January 25, 2027. The notes are linked to the performance of the Nasdaq-100 Technology Sector Index, Russell 2000® Index, and S&P 500® Index.The notes will pay a monthly contingent coupon of 0.8625% (approximately 10.35% per annum) if each Reference Asset closes above its Coupon Barrier Level. Starting July 22, 2025, the notes will be automatically redeemed if all Reference Assets close above their Call Levels. If not redeemed and no Trigger Event occurs, investors receive full principal at maturity. A Trigger Event occurs if any Reference Asset's Final Level is below 70% of its Initial Level.The notes involve risks including potential loss of principal. They are subject to Bank of Montreal's credit risk and offer no direct equity ownership. The estimated initial value is expected to be less than the public offering price.