New Issue: BMO sells $810,000 leveraged upside participation market-linked autocalls on Stoxx

Chicago, June 2 – Bank of Montreal priced $810,000 of 0% market-linked securities – autocallable leveraged upside participation and fixed percentage downside due June 2, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The securities will be automatically called at par plus a 12% call premium if the index closes at or above its initial level on June 3, 2024.

The payout at maturity will be par plus 150% of the gain in the index.

If the index falls by up to 15%, the payout will be par. Otherwise, investors will lose 1% for every 1% decline of the index beyond the 15% buffer.

Wells Fargo Securities LLC is the agent.

Issuer:	Bank of Montreal
Issue:	Market-linked securities – autocallable leveraged upside participation and fixed percentage downside
Underlying index:	Euro Stoxx 50 index
Amount:	$810,000
Maturity:	June 2, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of the index gain; if index falls by up to 15%, par; otherwise, 1% loss for every 1% decline of index beyond 15% buffer
Call:	Automatically at par plus 12% call premium if the index closes at or above its initial level on June 3, 2024
Initial level:	4,291.58
Trigger level:	3,647.843; 85% of initial level
Pricing date:	May 30
Settlement date:	June 2
Agent:	Wells Fargo Securities LLC
Fees:	2.575%
Cusip:	06374VTP1

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