Mr. Aaron Sobeski reports

BMO INSURANCE LAUNCHES NEW HEALTH AND DENTAL INSURANCE COVERAGE AND CARE PLAN FOR CANADIANS, POWERED BY GREENSHIELD

Bank of Montreal's BMO Insurance today launched BMO Health and Dental Insurance, a new offering distributed by BMO Insurance Solutions Inc. (BMOIS) and powered by GreenShield, Canada's only national non-profit health care and insurance organization.

• Designed for simplicity -- with clear plan options, a streamlined digital application and transparent eligibility criteria;
• Comprehensive value included -- featuring access to virtual care, personalized counselling, travel coverage and an integrated digital benefits app;
• Convenient digital access -- available through the BMO Insurance Solutions Store, where Canadians can explore options, get a quote and apply on-line.

BMO's collaboration with GreenShield puts integrated coverage and care at the forefront. By combining BMO Insurance's national reach and client-focused solutions with GreenShield's expertise in digital health services, the partnership delivers simpler, more accessible insurance and a smoother connection to care for Canadians.

"This launch reflects our continued commitment to meeting Canadians where they are, with insurance solutions that are practical, transparent and easy to navigate," said Rohit Thomas, president and chief executive officer, BMO Insurance. "By simplifying plan options and the application experience, we are helping clients make confident decisions about their health and dental coverage."

"Too many Canadians still find accessing health coverage and care complicated, fragmented or out of reach," said J.P. Girard, executive vice-president, head of insurance, at GreenShield. "This collaboration with BMO Insurance is about removing that friction, making coverage easier to understand and access, and easily connecting people to supports like virtual care and counselling. Together, we're helping more Canadians navigate their options with confidence and get the care they need, in one place."

Designed for simplicity and integrated care

BMO Health and Dental Insurance is designed to reduce complexity across the client journey by combining straightforward coverage with access to integrated care services. Clear plan options, a simplified digital application and transparent eligibility criteria help Canadians understand their choices and select coverage and care services aligned to their everyday health and dental needs.

Health benefits may include:

• Prescription drugs on select plans;
• Paramedical services such as massage therapy, physiotherapy, chiropractic care, acupuncture, dietitian services and more;
• Personalized mental health support from registered professionals;
• Vision care, including eye exams and prescription eyewear.

Dental benefits may include:

• Basic dental services;
• Comprehensive dental services;
• Major dental services on select plans;
• Orthodontic coverage on select plans, following a waiting period.

Additional services included with every plan:

• Virtual care services, including up to four virtual general health care practitioner visits per year;
• Personalized virtual counselling, including individual and couples' sessions;
• Travel emergency medical coverage for trips of up to 30 days;
• Access to BMOIS+: My Health & Dental Benefits, a digital benefits app that allows clients to manage coverage, submit claims and manage prescriptions.

Expanding digital-first insurance solutions

With the addition of BMO Health and Dental Insurance, BMOIS continues to expand its digital-first insurance offerings -- providing Canadians with convenient access to coverage designed for real life. By combining simplified plan design, an intuitive on-line experience and value-added digital health services, BMO is helping make insurance and health support more accessible and easier to navigate.

About BMO Insurance

BMO Insurance is a trusted provider of a comprehensive range of insurance products and services, supporting the diverse needs of individuals, families and businesses across Canada. BMO Insurance is a brand name of BMO Life Assurance Company.

BMO Insurance offerings extend beyond life and annuities, encompassing creditor insurance, travel insurance and pension risk transfer solutions. BMO Insurance is committed to empowering advisers and clients alike with innovative tools, personalized service and strategic insights that drive success.

As part of the broader BMO Financial Group, BMO Insurance is dedicated to helping clients achieve their financial goals, backed by the strength and stability of one of North America's leading financial institutions. A commitment to innovation and excellence ensures BMO Insurance's position as a trusted partner for advisors and clients, now and in the future.

About Bank of Montreal

BMO Financial Group is the eighth-largest bank in North America by assets, with total assets of $1.5-trillion as of April 30, 2026. Serving clients for more than 200 years, BMO provides a broad range of personal and commercial banking, wealth management, global markets, and investment banking products and services across Canada, the United States and select markets globally. BMO is innovating for business value, by deploying and integrating human, digital and artificial intelligence to personalize client experiences, augment teams, and automate its business responsibly. Driven by its purpose, to boldly grow the good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future and stronger communities.