This exchange-traded note (ETN) is a senior, unsecured medium-term debt instrument issued by Bank of Montreal. Its daily return is designed to reflect triple the performance of its underlying benchmark index, subject to a daily reset. This leveraged return is net of a Daily Investor Fee, a Daily Financing Charge, and potentially a Redemption Fee. The underlying benchmark is an equal-dollar weighted index comprised of the ten largest U.S. banking sector companies by market capitalization.

Bank of America Corporation

Citigroup Inc.

The Goldman Sachs Group, Inc.

JPMorgan Chase & Co.

Morgan Stanley

The PNC Financial Services Group, Inc.

The Charles Schwab Corporation

Truist Financial Corporation

U.S. Bancorp

Wells Fargo & Company

Financial Services

MicroSectors U.S. Big Banks 3 Leveraged ETN

BNKU Holdings & Sector Breakdown

BNKU Holdings & Sector Breakdown