Redemption | BANK OF MONTREAL NON-CUM PFD SHS B SERIES -16- | 27th August 2018

As BANK OF MONTREAL NON-CUM PFD SHS B SERIES -16- has been called for redemption, the following treatment will be applied to the following Index.

Solactive Laddered Canadian Preferred Share Index

Solactive Canadian Rate Reset Preferred Share Index

• BANK OF MONTREAL NON-CUM PFD SHS B SERIES -16- will be removed from the Index.
• The weight of BANK OF MONTREAL NON-CUM PFD SHS B SERIES -16- based on its last close price will be distributed pro rata to remaining Index constituents.
• Effective Date (open): 08/27/2018.