Bank of Montreal (BMO) 6-K Consolidated Capitalization of Bank of Montreal

Exhibit 99.1

CONSOLIDATED CAPITALIZATION OF BANK OF MONTREAL

The following table sets forth the consolidated capitalization of the Bank at October 31, 2021.

	As at October 31, 2021
	(in millions of Canadian dollars)
Subordinated Debt		6,893
Total Equity
Preferred Shares(1) and Other Equity Instruments(2)		5,558
Common Shares		13,599
Contributed Surplus		313
Retained Earnings		35,497
Accumulated Other Comprehensive Income		2,556
Total Equity		57,523
Total Capitalization		64,416

Notes:

(1) Preferred Shares classified under Total Equity consist of Class B Preferred Shares Series 27, 29, 31, 33, 38, 40, 42, 44 and 46. For more information on the classification of Preferred Shares, please refer to Note 16 of the audited consolidated financial statements of Bank of Montreal for the year ended October 31, 2021.

(2) The Other Equity Instruments described under Total Equity consist of Additional Tier 1 Capital Notes and Limited Recourse Capital Notes, Series 1. Please refer to Note 16 of the audited consolidated financial statements of Bank of Montreal for the year ended October 31, 2021.