Bank of Montreal (BMO) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with welcome to attendees in person and online, introduction of executive team and Board members, and appointment of scrutineers and secretary.

• Confirmation of proper notice, quorum, and presence of auditors; agenda outlined to include CEO address, financial statements, Board elections, auditor appointment, executive compensation, shareholder proposals, and Q&A.

• Meeting procedures, voting instructions, and Q&A protocols explained for both in-person and online participants.

Financial performance review

• Reported strong 2025 performance, with BMO now the eighth-largest bank in North America and a CAD 1.5 trillion balance sheet.

• Outperformed peer averages across nearly all financial metrics over the past five years.

• Achieved highest ROE improvement and strongest EPS growth among peers in 2025, with continued progress in Q1 2026.

• Dividend has grown at a 9% average rate over five years, outpacing Canadian peers.

Board and executive committee updates

• Election held for 14 Directors, including one new nominee, with biographical details provided in the proxy circular.

• Board skills matrix and governance practices discussed in response to shareholder proposals.