Filed by Bank of Montreal
Pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12 under the
Securities Exchange Act of 1934
Subject Company: Marshall & Ilsley Corporation
SEC Registration Statement No.: 333-172012
This filing, which includes (i) Harris website pages providing information on the merger of BMO and
M&I, (ii) Harris website pages providing information on the merger for clients of Harris Investor
Services, (iii) an @Work article discussing the merger and (iv) customer facing FAQs in connection
with the merger, may contain forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 and comparable safe harbour provisions of applicable
Canadian legislation, including, but not limited to, statements relating to anticipated financial
and operating results, the companies plans, objectives, expectations and intentions, cost savings
and other statements, including words such as anticipate, believe, plan, estimate,
expect, intend, will, should, may, and other similar expressions. Such statements are
based upon the current beliefs and expectations of our management and involve a number of
significant risks and uncertainties. Actual results may differ materially from the results
anticipated in these forward-looking statements. Such factors include, but are not limited to: the
possibility that the proposed transaction does not close when expected or at all because required
regulatory, shareholder or other approvals and other conditions to closing are not received or
satisfied on a timely basis or at all; the terms of the proposed transaction may need to be
modified to satisfy such approvals or conditions; the anticipated benefits from the proposed
transaction such as it being accretive to earnings, expanding our North American presence and
synergies are not realized in the time frame anticipated or at all as a result of changes in
general economic and market conditions, interest and exchange rates, monetary policy, laws and
regulations (including changes to capital requirements) and their enforcement, and the degree of
competition in the geographic and business areas in which M&I operates; the ability to promptly and
effectively integrate the businesses of M&I and BMO; reputational risks and the reaction of M&Is
customers to the transaction; diversion of management time on merger-related issues; increased
exposure to exchange rate fluctuations; and those other factors set out on pages 29, 30, 61 and 62
of BMOs 2010 Annual Report. A significant amount of M&Is business involves making loans or
otherwise committing resources to specific companies, industries or geographic areas. Unforeseen
events affecting such borrowers, industries or geographic areas could have a material adverse
effect on the performance of our integrated U.S. operations. Additional factors that could cause
BMO Financial Groups and Marshall & Ilsley Corporations results to differ materially from those
described in the forward-looking statements can be found in the 2010 Annual Report on Form 40-F for
BMO Financial Group and the 2010 Annual Report on Form 10-K of Marshall & Ilsley Corporation filed
with the Securities and Exchange Commission and available at the Securities and Exchange
Commissions Internet site (http://www.sec.gov).
In connection with the proposed merger transaction, BMO has filed with the Securities and Exchange
Commission a Registration Statement on Form F-4 and a definitive Proxy Statement/Prospectus, as
well as other relevant documents concerning the proposed transaction.
Shareholders are urged to
read the Registration Statement and the definitive Proxy
Statement/Prospectus and any other
relevant documents filed with the SEC, as well as any amendments or supplements to those documents,
because they will contain important information.
A free copy of the definitive Proxy
Statement/Prospectus, as well as other filings containing information about BMO and M&I, may be
obtained at the SECs Internet site (http://www.sec.gov). You can also obtain these documents, free
of charge, from BMO at www.BMO.com under the tab About BMO Investor Relations and then under
the heading Frequently Accessed Documents, from BMO Investor Relations at
investor.relations@bmo.com or (416) 867-6642, from M&I by accessing M&Is website at www.MICorp.com
under the tab Investor Relations and then under the heading SEC Filings, or from M&I at (414)
765-7814.
BMO and M&I and certain of their directors and executive officers may be deemed to be participants
in the solicitation of proxies from the shareholders of M&I in connection with the proposed merger.
Information about the directors and executive officers of BMO is set forth in the proxy statement
for BMOs 2011 annual meeting of shareholders, as filed with the SEC on Form 6-K on February 25,
2011. Information about the directors and executive officers of M&I is set forth in the proxy
statement for M&Is 2010 annual meeting of shareholders, as filed with the SEC on a Schedule 14A on
March 12, 2010. Additional information regarding the interests of those participants and other
persons who may be deemed participants in the transaction may be obtained by reading the
above-referenced definitive Proxy Statement/Prospectus. Free copies of this document may be
obtained as described in the preceding paragraph.
Community Investors Media Harris Locator harrisbank.com Print this page Welcome About the
Merger About BMO About M&I Q&A Customer Mailings Change in Terms FDIC Contact Harris A list of
contacts to help you find what youre looking for. Q&A Customer Mailings Will my bank account
Online Security Change in Terms number(s) stay the same? Were committed to protecting information
about you. Have a question? Weve put together some Q&A to Q&A help you find the answers youre
looking for. Customer Mailings We have a number of General Q&As that cover Change in Terms some of
the big questions. The rest are grouped according to the type of banking you do: Personal Banking
Q&A Small Business Banking Customer Mailings Commercial Banking Change in Terms Legal Cautionary
Statement Regarding Forward-Looking Information Additional Information for Shareholders Harris
®
is a
trade name used by Harris N.A. and its affiliates. Member FDIC. Third party web sites may have
privacy and security policies different from Harris. Links to other web sites do not imply the
endorsement or approval of such web sites. Please review the privacy and security policies of web
sites reached through links from Harris web sites.
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Community Investors Media Harris Locator harrisbank.com Print this page Welcome About the Merger
About BMO About M&I Q&A Customer Mailings Change in Terms FDIC An Ongoing Commitment to Our
Communities Contact Harris Harris, M&I and BMO Financial Group all share a long tradition of
support for the communities we serve through economic A list of contacts to help you find
development programs, financial and in-kind contributions and the time and energy volunteered by
our teams. Our commitment what youre looking for. will remain strong and through our involvement
and investment well continue to make our communities a better place. Click on the links below to
learn more. Harris in the Community Online Security BMO Corporate Responsibility Were committed to
protecting information about you. Legal Cautionary Statement Regarding Forward-Looking Information
Additional Information for Shareholders Harris
®
is a trade name used by Harris N.A. and its
affiliates. Member FDIC. Third party web sites may have privacy and security policies different
from Harris. Links to other web sites do not imply the endorsement or approval of such web sites.
Please review the privacy and security policies of web sites reached through links from Harris web
sites.
|
Community Investors Media Harris Locator harrisbank.com Print this page Welcome About the Merger
About BMO About M&I Q&A Customer Mailings Change in Terms FDIC Information for Shareholders and
Investors Contact Harris In connection with the proposed merger transaction, BMO has filed with the
Securities and Exchange Commission a A list of contacts to help you find Registration Statement on
Form F-4 and a definitive Proxy Statement/Prospectus, as well as other relevant documents what
youre looking for. concerning the proposed transaction. Shareholders are urged to read the
Registration Statement and the definitive Proxy Statement/Prospectus and any other relevant
documents filed with the SEC, as well as any amendments or supplements to those documents, because
they will contain important information. A free copy of the definitive Proxy Statement/Prospectus,
as well as other filings containing information about BMO and M&I, may be obtained at the SECs
Internet site (http://www.sec.gov). Online Security You can also obtain these documents, free of
charge, from BMO.coms Frequently Accessed Documents, from BMO Investor Were committed to
protecting Relations at investor.relations@bmo.com or (416) 867-6642, from MICorp.coms SEC
Filings, or from M&I at (414) 765-7814. information about you. BMO and M&I and certain of their
directors and executive officers may be deemed to be participants in the solicitation of proxies
from the shareholders of M&I in connection with the proposed merger. Information about the
directors and executive officers of BMO is set forth in the proxy statement for BMOs 2011 annual
meeting of shareholders, as filed with the SEC on Form 6-K on February 25, 2011. Information about
the directors and executive officers of M&I is set forth in the proxy statement for M&Is 2010
annual meeting of shareholders, as filed with the SEC on a Schedule 14A on March 12, 2010.
Additional information regarding the interests of those participants and other persons who may be
deemed participants in the transaction may be obtained by reading the above-referenced definitive
Proxy Statement/Prospectus. Free copies of this document may be obtained as described in the
preceding paragraph. Legal Cautionary Statement Regarding Forward-Looking Information Additional
Information for Shareholders Harris
®
is a trade name used by Harris N.A. and its affiliates. Member
FDIC. Third party web sites may have privacy and security policies different from Harris. Links to
other web sites do not imply the endorsement or approval of such web sites. Please review the
privacy and security policies of web sites reached through links from Harris web sites.
|
Community Investors Media Harris Locator harrisbank.com Print this page Welcome About the Merger
About BMO About M&I Q&A Customer Mailings Change in Terms FDIC Contact Harris Contact Harris If you
have questions regarding the pending acquisition, contact your Harris Banker, stop by your local
branch or call us at A list of contacts to help you find 1 (888) 340-BANK (2265). what youre
looking for. Mon Fri from 7:00 a.m. -10:00 p.m. (CT), and Sat and Sun from 8:00 a.m. 5:00 p.m.
(CT), or visit us online at harrisbank.com. For email inquiries, please send your message to
marketing.integration@harrisbank.com. Online Security Personal Banking Were committed to
protecting For account specific questions: information about you. Call us at 1 (888) 340-BANK
(2265) (1-847-238-2265 from outside the United States) Mon Fri 7:00 a.m. 10:00 p.m. (CT); Sat
- Sun 8:00 a.m. 5:00 p.m. (CT) For information about new products and services: Call us at 1
(800) 546-6101 Mon Fri 7:00 a.m. 7:00 p.m. (CT); Sat Sun 8:00 a.m. 5:00 p.m. (CT)
Business Banking For information on Small Business Banking Services: Call us at 1 (888) 489-BANK
(2265) Mon Fri 7:00 a.m. 5:30 p.m. (CT) Commercial Banking Contact your Harris Commercial
Banker. For a listing of Harris Commercial Bankers, click here. Wealth Management Contact your
Harris Private Bank professional For information on Private Bank Services: Call 1 (888) 340-2265
Mon Fri 7:00 a.m. 10:00 p.m. (CT); Sat Sun 8:00 a.m. 5:00 p.m. (CT) Investments Contact
your Harris Investor Services Financial Professional or Contact Harris Investor Services at 1 (877)
225-3863 Mon Fri (excluding holidays) from 8:00 a.m. to 5:00 p.m. (CT) Legal Cautionary Statement
Regarding Forward-Looking Information Additional Information for Shareholders Harris
®
is a trade
name used by Harris N.A. and its affiliates. Member FDIC. Third party web sites may have privacy
and security policies different from Harris. Links to other web sites do not imply the endorsement
or approval of such web sites. Please review the privacy and security policies of web sites reached
through links from Harris web sites.
|
Community Investors Media Harris Locator harrisbank.com Print this page Welcome About the Merger
About BMO About M&I Q&A Customer Mailings Change in Terms FDIC Preventing Fraud Together Contact
Harris Protecting your personal and business information is a commitment we take very seriously and
it is something we all need to be A list of contacts to help you find especially vigilant about
during this time of transition. what youre looking for. When it comes to communicating sensitive
information to you, it is business as usual. That means that neither Harris nor BMO will solicit
confidential information from you via e-mail, text message or phone. If you receive a request of
this nature that appears to be from Harris or BMO, please notify us immediately by e-mailing
harris.phish@harrisbank.com Online Security Visit our online security center to learn more. Were
committed to protecting To help prevent fraud we are providing you with a complete online listing
of all our recent mailings to customers regarding the information about you. transition. If you
receive a mailing that seems to be from Harris or BMO and you want to confirm that it is valid,
check these lists at the links below. If you dont find it here, notify us immediately by phone at
1-888-340-2265. We will update the lists as new mailings are sent. Mailings to Personal Banking
Customers Mailings to Small Business Banking Customers Mailings to Commercial Banking Customers
Legal Cautionary Statement Regarding Forward-Looking Information Additional Information for
Shareholders Harris
®
is a trade name used by Harris N.A., and its affiliates. Member FDIC. Third
party web sites may have privacy and security policies different from Harris. Links to other web
sites do not imply the endorsement or approval of such web sites. Please review the privacy and
security policies of web sites reached through links from Harris web sites.
|
Community Investors Media Harris Locator harrisbank.com Print this page Welcome About the Merger
About BMO About M&I Q&A Customer Mailings Change in Terms FDIC Harris and M&I are Planning to Come
Together Contact Harris On December 17, 2010, BMO Financial Group1, the parent company of Harris
Financial Corp., (Harris) announced a definitive A list of contacts to help you find agreement to
acquire Marshall & Ilsley Corporation (M&I). what youre looking for. The transaction is subject to
customary closing conditions including regulatory approval and M&I shareholder approval. We expect
the closing to be completed on or before July 31, 2011. We will let you know when the transaction
has closed by posting a notice on harrisbank.com, placing a sign in our branches or publishing a
notice in newspapers. Online Security After the transaction closes, Harris and M&I will be
headquartered in the Midwest, providing significant benefits for the Were committed to protecting
customers, communities and businesses we serve. The new legal name of our combined bank will be BMO
Harris Bank information about you. National Association2. Following the merger, you will begin to
see the name BMO Harris Bank N.A. on your Harris correspondence and forms. In the coming months,
its business as usual. You should continue to bank with Harris just as you do today at your
current branches and ATMs, online and by telephone. You can use the same account numbers, checks,
bank cards and other services you use today. What You Can Expect When We Combine A smooth
transition: Expect a great customer experience, as always. Well keep you informed of changes along
the way, including new services and benefits. Harris customers will have convenient access to an
expanded network of over 1,380 ATMs. Youll be able to withdraw cash and check your balances at M&I
ATMs without incurring a Non-Harris ATM Transaction fee or an ATM surcharge fee. Youll find M&I
branded ATMs in Florida, Arizona, Indiana, Kansas, Minnesota, Missouri, Nevada, Illinois and
throughout Wisconsin. The best of both organizations: We will reflect what is truly best about
Harris, M&I and BMO Financial Group from expert wealth management, to business and commercial
banking, to the best online services and more. Together, we have a true commitment to serve your
financial needs better than anyone else. 1. Bank of Montreal and its affiliates are known as BMO
Financial Group. 2. At the time Bank of Montreal acquires Marshall & Ilsley Corporation, certain
bank mergers are expected to occur. M&I Marshall & Ilsley Bank, M&I Bank N.A. (successor to M&I
Bank FSB), and The Harris Bank N.A. plan to merge into Harris N.A. At the time of these mergers,
Harris National Association will change its name to BMO Harris Bank National Association. Legal
Cautionary Statement Regarding Forward-Looking Information Additional Information for Shareholders
Harris
®
is a trade name used by Harris N.A. and its affiliates. Member FDIC. Third party web sites
may have privacy and security policies different from Harris. Links to other web sites do not imply
the endorsement or approval of such web sites. Please review the privacy and security policies of
web sites reached through links from Harris web sites.
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Community Investors Media Harris Locator harrisbank.com Print this page Welcome About the Merger
About BMO About M&I Q&A Customer Mailings Change in Terms FDIC About BMO Financial Group Contact
Harris Established in 1817, BMO Financial Group is a highly diversified North American financial
services provider. With total assets of A list of contacts to help you find $412 billion and 38,000
employees, BMO provides a broad range of retail banking, wealth management and investment banking
what youre looking for. products and services. We serve more than 7 million customers across
Canada through our Canadian retail arm, BMO Bank of Montreal. We also serve customers through our
wealth management businesses, BMO Nesbitt Burns, BMO InvestorLine, BMO Insurance and BMO Harris
Private Banking. Online Security BMO Capital Markets, our North American investment and corporate
banking division, provides a full suite of financial products and services to our North American
and international clients. In the United States, BMO serves customers through Chicago- Were
committed to protecting based Harris, an integrated financial services organization with nearly 1.3
million retail, small business and commercial information about you. customers. BMO Financial Group
comprises three operating groups: Personal and Commercial Banking, Private Client Group and BMO
Capital Markets. Learn more about BMO Financial Group in the About Us section of bmo.com. Legal
Cautionary Statement Regarding Forward-Looking Information Additional Information for Shareholders
Harris
®
is a trade name used by Harris N.A. and its affiliates. Member FDIC. Third party web sites
may have privacy and security policies different from Harris. Links to other web sites do not imply
the endorsement or approval of such web sites. Please review the privacy and security policies of
web sites reached through links from Harris web sites.
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About M&I | Harris-M&I merger information Community Investors Media Harris Locator harrisbank.com
Print this page Welcome About the Merger About BMO About M&I Q&A Customer Mailings Change in Terms
FDIC About M&I Contact Harris Founded in 1847, Marshall & Ilsley Bank (M&I) is the largest
Wisconsin-based bank, with 188 offices throughout the state, and A list of contacts to help you
find a total of 182 more in Arizona, Florida, Illinois, Indiana, Kansas, Minnesota, Missouri and
Nevada. The company is recognized what youre looking for. for its commitment to its customers and
communities, and for its excellence in consumer and business banking, wealth management, and
partnering with clients to meet their financial needs. Online Security Were committed to
protecting information about you. Legal Cautionary Statement Regarding Forward-Looking Information
Additional Information for Shareholders Harris
®
is a trade name used by Harris N.A. and its
affiliates. Member FDIC. Third party web sites may have privacy and security policies different
from Harris. Links to other web sites do not imply the endorsement or approval of such web sites.
Please review the privacy and security policies of web sites reached through links from Harris web
sites.
|
General Q&A | Harris-M&I merger information Community Investors Media Harris Locator harrisbank.com
Print this page Welcome About the Merger About BMO About M&I Q&A Customer Mailings Change in Terms
FDIC General Personal Banking Small Business Banking Commercial Banking Contact Harris General Q&A
A list of contacts to help you find what youre looking for. We know you have questions. Youll
find many answers here. If you need additional information, contact us. Q: What is changing? Who is
BMO Harris Bank N.A.? Online Security A: On Friday, December 17, 2010 BMO Financial Group*
announced a definitive agreement to acquire Marshall & Ilsley Corporation (M&I). As part of this
transaction, M&I Marshall & Ilsley Bank, M&I Bank FSB, and The Harris Bank N.A. will be Were
committed to protecting merged with and into Harris N.A as the surviving bank. The name of Harris
N.A. will change to BMO Harris Bank N.A. at that information about you. time. Harris N.A. is a
subsidiary of BMO Financial Group. The transaction is subject to customary closing conditions,
including regulatory approval and M&I shareholder approval. Q: When will these changes take place?
A: After the transaction closes, the bank will be headquartered in the Midwest, providing
significant benefits for our customers and the communities that we serve. We anticipate the closing
to be completed prior to July 31, 2011. We will let you know when the transaction has closed by
posting a notice on our website, harrisbank.com, placing a sign in our branches, or publishing a
notice in newspapers. After the transaction closes, you will continue to see our existing brand
names and logos Harris and M&I until we have integrated operations and systems. You will,
however, begin to see the BMO Harris Bank N.A. legal name on your statements, bank forms and
correspondence, as well as on our branch doors. Q: Who is BMO Financial Group? A:Established in
1817, BMO Financial Group is a highly diversified North American financial services provider. With
total assets of $412 billion and 38,000 employees, BMO provides a broad range of retail banking,
wealth management and investment banking products and services. We serve more than seven million
customers across Canada through our Canadian retail arm, BMO Bank of Montreal. We also serve
customers through our wealth management businesses, BMO Nesbitt Burns, BMO InvestorLine, BMO
Insurance and BMO Harris Private Banking. BMO Capital Markets, our North American investment and
corporate banking division, provides a full suite of financial products and services to our North
American and international clients. In the United States, BMO serves customers through
Chicago-based Harris, an integrated financial services organization with almost 1.3 million retail,
small business and commercial customers. BMO Financial Group comprises three operating groups:
Personal and Commercial Banking, Private Client Group and BMO Capital Markets. You can find
additional information about BMO on bmo.com. Q: Who is M&I Marshall & Ilsley Corporation? A:
Founded in 1847, M&I (Marshall & Ilsley) is the largest Wisconsin-based banking organization, with
188 offices throughout the state, and a total of 182 more in Arizona, Florida, Illinois, Indiana,
Kansas, Minnesota, Missouri and Nevada. The company is recognized for its commitment to its
customers and communities and for its excellence in consumer and business banking, wealth
management, and partnering with clients to meet their financial needs. Q: Why did you send me this
letter? A: Harris is sending a letter regarding the planned M&I acquisition to our Personal,
Business and Commercial deposit account customers, Health Savings Account customers, and Harris
Private Bank deposit account customers. The letter includes an Important Notice and Change in Terms
(CIT) to their depos
it agreements and notice of the change of Harris N.A.s name to BMO Harris Bank
N.A., all of which will be effective at the time of the merger. Harris Investor Services clients
and Harris Private Bank trust and investment clients will also receive a notice of the merger and
name change. Q: I received more than one letter. Why? A :We tried to reduce the number of mailings
sent to our customers as much as possible; however, we could not completely minimize them where
customers have multiple product and service relationships. If you are a customer of both Harris and
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-general.html[04/29/2011 7:32:26 AM]
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General Q&A | Harris-M&I merger information M&I, you will receive a mailing from both banks. Q:
What does this mean for me today? A: You can expect it to be business-as-usual in the coming
months. Continue to bank with us as you do today at your current branches and ATMs, online and
by telephone. You can use the same account numbers, checks, bank cards and services you use today.
Q: What do I need to do? A: You do not need to do anything at this point. It is business-as-usual.
Q: When will I begin to see the new BMO Harris Bank brand name and new logo? A: After the
transaction closes, you will continue to see our existing brand names and logos Harris and M&I
until we have integrated operations and systems. You will, however, begin to see the BMO Harris
Bank N.A. legal name on your statements, bank forms and correspondence, as well as on our branch
doors. Q: What does this mean for the banks community support? A: Harris, M&I and BMO Financial
Group share a long tradition of support for the communities they serve through economic development
programs, financial contributions and the significant time and efforts volunteered by staff. We
remain committed to the community, and through our involvement and investment well continue to
make our communities a better place. Q: Who can I contact with questions? A: You can continue to
speak with your branch contacts, your relationship manager or visit our integration site at
harrisbank.com/bmoharris. You can also contact us at: Harris Call Centre: 1-888-340-2265 General
Banking Q: Can I continue to bank at the same branches and ATMs? A: Continue to bank just as you do
today at your current branches with the same friendly faces, ATMs, by telephone and online. Q:
As a Harris customer, can I use M&I ATMs? A: You should continue to bank where and how you do today
in your local branch, over the telephone and online. After the transaction closes, in addition
to Harris ATMs, youll be able to withdraw cash, make deposits (at ATMs that accept deposits), and
check your balances without incurring a Non-Harris ATM Transaction fee or an ATM surcharge fee at
480 ATMs with the M&I logo including M&I ATMs located in Arizona, Florida, Indiana, Kansas,
Minnesota, Missouri, and throughout Wisconsin. Q: Can I continue to bank at the same location and
with the same banker/relationship manager? A: Yes. Please continue to bank as you do today in
your current branch and with the banking professionals you work with currently. Q: Will my bank
account number(s) stay the same? A: Account numbers will not change at the closing of the
acquisition. If and when changes are made that affect your account numbers, we will communicate
that to you in advance. Q: Will the Routing Number stay the same? A: Yes. At this time, the Routing
Number we use, which appears on checks, will stay the same. When operations are combined, we will
notify you in advance of any changes to your accounts. Q: Can I continue to use my checks? A: Yes.
Continue to use your existing supply of checks. If you re-order checks, the bank name will change
to BMO Harris Bank N.A., the new legal name. If your check supply is running low, please contact
your banker. Q: Will my direct deposits and automatic payments continue? A: Yes. Your account and
specific direct deposits and automatic payments will be processed as they are today. If and when
changes are made, we will communicate that to you in advance. Q: Will my fees or service charges
change? A: It is business-as-usual, which means no changes to fees and service charges, at this
time. If and when changes are made that affect fees or service charges, we will communicate that to
you in advance. Q: When will the integration of operations and systems occur? A: Although we dont
have a specific date, we are committed to keeping you informed along the way. Our commitment is to
deliver a seamless t
ransition for you.
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-general.html[04/29/2011 7:32:26 AM]
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General Q&A | Harris-M&I merger information Q: What new services will the combined bank offer me/my
company? A: As part of the BMO Financial Group, customers already have access to a remarkably broad
range of expertise in financial services. After the combination of Harris and M&I into one
organization, you will enjoy the benefit of a more expansive geographic footprint and the full
breadth of services spanning from east to west. Online Banking Q: How will my online products and
services be impacted? Will my day-to-day activities be interrupted? A: Please continue to use our
online products and services as you do today. Your online credentials will remain the same and you
can continue to access our systems as you do today. All scheduled activities, bill payments and
scheduled transfers will continue as you have them scheduled today, until further notice. Should
there become a need to make changes to our online products and services; we will notify you in
advance of any changes. Please note that we will NEVER solicit confidential information from you
via e-mail or text message. Should you receive a request of this nature that appears to be from
Harris, please notify us immediately by e-mailing harris.phish@harrisbank.com. Q: Will my online
products and services look and operate the same? A: Yes, our online products and services will look
and operate the same after the transaction closes. The new legal name, BMO Harris Bank N.A., will
appear on Harris websites once the acquisition closes. We will be introducing the new brand name
and logo over the next year. In the meantime, you will continue to see the familiar Harris name on
our online offerings until our systems are integrated. Safe Deposit Boxes Q: Will my safe deposit
box be changing? A: No. At this time, there will be no changes to safe deposit boxes other than as
previously announced. FDIC Insurance Q: What happens to my insurance coverage if I have deposits at
insured banks that merge? How do I verify my FDIC insurance coverage? A: When two or more insured
banks merge, deposits from the assumed bank are separately insured from deposits at the assuming
bank for at least six months after the merger. This grace period gives a depositor the opportunity
to restructure his or her account, if necessary. Certificates of Deposit (CDs) from the assumed
bank are separately insured until the earliest maturity date after the end of the six-month grace
period. CDs that mature during the six-month period and are renewed for the same term and in the
same dollar amount (either with or without accrued interest) continue to be separately insured
until the first maturity date after the six-month period. If a CD matures during the six-month
grace period and is renewed on any other basis, it would be separately insured only until the end
of the six-month grace period. The FDIC has helpful tools to assist you in determining your FDIC
insurance coverage. Please visit http://www.fdic.gov/deposit/deposits/index.html or call
1-877-ASK-FDIC (1-877-275-3342) or 1-800-925-4618 (hearing impaired line) for more information.
Commercial Banking &Treasury Management Services Q: What changes are happening for my Commercial
accounts? A: Harris is sending a letter regarding the M&I acquisition to our Commercial deposit
account customers which includes an Important Notice and Change in Terms (CIT) to their deposit and
cash management agreements and notice of the change of Harris N.A.s name to BMO Harris Bank N.A.,
all of which will be effective immediately after the merger. Q: Is anything changing about my
account numbers, products or fees? A: Account numbers, products and fees will not change when the
transaction closes. If and when changes are made that affect your account numbers, products, or
fees, we will communicate that to you in advance. Loans/Line of Credit/Mortgages Q: Will there be
any changes to my loan or line of credit? A: No. The s
ame terms and conditions as governed by the
signed loan documents that apply to your credit facility today will remain through maturity,
regardless of the merger. Continue to use your existing coupons to make your loan payments. Q: Will
mortgage statements change? A: Only the bank name will change on mortgage statements. Customers may
continue to use the same payment address and account number for mortgage loan payments. Q: May I
continue to use my line of credit advance checks?
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-general.html[04/29/2011 7:32:26 AM]
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General Q&A | Harris-M&I merger information A: Yes. Continue to use your existing supply of checks.
If you re-order checks, the bank name will change to BMO Harris Bank N.A., which is the new legal
name. If your check supply is running low, please contact your banker. Q: May I continue to use my
loan coupon book? A: Yes, existing loan coupons may be used and there is no change to the mailing
address or account number. Credit Cards, Debit Cards and Payroll Cards Q: Can I continue to use my
existing credit cards, debit cards and payroll cards? A: Yes. Please continue to use your credit
cards, debit cards(s) and payroll cards as before. Q: What happens to my Harris Everyday Benefits
points? A: There will be no changes to your points at this time. Q:Will I receive a new Corporate
Credit Card? A: No. You can continue to use your current Corporate Credit Card. Wealth Management
Q: Will my private banker or other contacts change? A: No. Please continue to visit our locations
and work with our wealth professionals as you do today. *Bank of Montreal and its affiliates are
known as BMO Financial Group. Cautionary Statement Regarding Forward-Looking Information Certain
statements in this communication are forward-looking statements under the United States Private
Securities Litigation Reform Act of 1995 (and are made pursuant to the safe harbour provisions of
such Act) and applicable Canadian securities legislation. These forward-looking statements include,
but are not limited to, statements with respect to the expected closing of the proposed acquisition
of M&I, plans for the acquired business and the financial impact of the acquisition and are
typically identified by words such as believe, expect, anticipate, intend, estimate,
plan, will, should, may, could and other similar expressions. By their nature,
forward-looking statements are based on various assumptions and are subject to inherent risks and
uncertainties. We caution readers of this communication not to place undue reliance on our
forward-looking statements as the assumptions underlying such statements may not turn out to be
correct and a number of factors could cause actual future results, conditions, actions or events to
differ materially from the targets, expectations, estimates or intentions expressed in the
forward-looking statements. Such factors include, but are not limited to: the possibility that the
proposed transaction does not close when expected or at all because required regulatory,
shareholder or other approvals and other conditions to closing are not received or satisfied on a
timely basis or at all; the terms of the proposed transaction may need to be modified to satisfy
such approvals or conditions; the anticipated benefits from the proposed transaction such as it
being accretive to earnings, expanding our North American presence and cost savings and synergies
are not realized in the time frame anticipated or at all as a result of changes in general economic
and market conditions, interest and exchange rates, monetary policy, laws and regulations
(including changes to capital requirements) and their enforcement, and the degree of competition in
the geographic and business areas in which M&I operates; the ability to promptly and effectively
integrate the businesses of M&I and BMO; reputational risks and the reaction of M&Is customers to
the transaction; diversion of management time on merger-related issues; increased exposure to
exchange rate fluctuations; and those other factors set out on pages 29 and 30 of BMOs 2010 Annual
Report. A significant amount of M&Is business involves making loans or otherwise committing
resources to specific companies, industries or geographic areas. Unforeseen events affecting such
borrowers, industries or geographic areas coul
d have a material adverse effect on the performance
of our integrated U.S. operations. Assumptions about the performance of the Canadian and U.S.
economies as well as overall market conditions and their combined effect on the banks business are
material factors we consider when determining our strategic priorities, objectives and expectations
for our business. In determining our expectations for economic growth, both broadly and in the
financial services sector, we primarily consider historical economic data provided by the Canadian
and U.S. governments and their agencies. BMO does not undertake to update any forward-looking
statement, whether written or oral, that may be made, from time to time, by the organization or on
its behalf, except as required by law. Additional Information for Shareholders In connection with
the proposed merger transaction, BMO has filed with the Securities and Exchange Commission a
Registration Statement on Form F-4 and a definitive Proxy Statement/Prospectus, as well as other
relevant documents concerning the proposed transaction. Shareholders are urged to read the
Registration Statement and the definitive Proxy Statement/Prospectus and any other relevant
documents filed with the SEC, as well as any amendments or supplements to those documents, because
they will contain important
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-general.html[04/29/2011 7:32:26 AM]
|
General Q&A | Harris-M&I merger information information. A free copy of the definitive Proxy
Statement/Prospectus, as well as other filings containing information about BMO and M&I, may be
obtained at the SECs Internet site (http://www.sec.gov). You can also obtain these documents, free
of charge, from BMO at www.BMO.com under the tab About BMO Investor Relations and then under
the heading Frequently Accessed Documents, from BMO Investor Relations at
investor.relations@bmo.com or (416) 867-6642, from M&I by accessing M&Is website at www.MICorp.com
under the tab Investor Relations and then under the heading SEC Filings, or from M&I at (414)
765-7814. BMO and M&I and certain of their directors and executive officers may be deemed to be
participants in the solicitation of proxies from the shareholders of M&I in connection with the
proposed merger. Information about the directors and executive officers of BMO is set forth in the
proxy statement for BMOs 2011 annual meeting of shareholders, as filed with the SEC on Form 6-K on
February 25, 2011. Information about the directors and executive officers of M&I is set forth in
the proxy statement for M&Is 2010 annual meeting of shareholders, as filed with the SEC on a
Schedule 14A on March 12, 2010. Additional information regarding the interests of those
participants and other persons who may be deemed participants in the transaction may be obtained by
reading the above-referenced definitive Proxy Statement/Prospectus. Free copies of this document
may be obtained as described in the preceding paragraph. Legal Cautionary Statement Regarding
Forward-Looking Information Additional Information for Shareholders Harris
®
is a trade name used by
Harris N.A. and its affiliates. Member FDIC. Third party web sites may have privacy and security
policies different from Harris. Links to other web sites do not imply the endorsement or approval
of such web sites. Please review the privacy and security policies of web sites reached through
links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-general.html[04/29/2011 7:32:26 AM]
|
Q&A for Personal Banking Customers | Harris-M&I merger information Community Investors Media Harris
Locator harrisbank.com Print this page Welcome About the Merger About BMO About M&I Q&A Customer
Mailings Change in Terms FDIC General Personal Banking Small Business Banking Commercial Banking
Contact Harris Q&A for Personal Banking Customers A list of contacts to help you find what youre
looking for. Q: What is changing? Who is BMO Harris Bank N.A.? A: On Friday, December 17, 2010 BMO
Financial Group* announced a definitive agreement to acquire Marshall & Ilsley Corporation (M&I).
As part of this transaction, M&I Marshall & Ilsley Bank, M&I Bank FSB, and The Harris Bank N.A.
will be merged with and into Harris N.A as the surviving bank. The name of Harris N.A. will change
to BMO Harris Bank N.A. at that Online Security time. Harris N.A. is a subsidiary of BMO Financial
Group. The transaction is subject to customary closing conditions, Were committed to protecting
including regulatory approval and M&I shareholder approval. information about you. Q: When will
these changes take place? A: After the transaction closes, the bank will be headquartered in the
Midwest, providing significant benefits for our customers and the communities that we serve. We
anticipate the closing to be completed prior to July 31, 2011. We will let you know when the
transaction has closed by posting a notice on our website, harrisbank.com, placing a sign in our
branches, or publishing a notice in newspapers. After the transaction closes, you will continue to
see our existing brand names and logos Harris and M&I until we have integrated operations and
systems. You will, however, begin to see the BMO Harris Bank N.A. legal name on your statements,
bank forms and correspondence, as well as on our branch doors. Q: Who is BMO Financial Group?
A:Established in 1817, BMO Financial Group is a highly diversified North American financial
services provider. With total assets of $412 billion and 38,000 employees, BMO provides a broad
range of retail banking, wealth management and investment banking products and services. We serve
more than seven million customers across Canada through our Canadian retail arm, BMO Bank of
Montreal. We also serve customers through our wealth management businesses, BMO Nesbitt Burns, BMO
InvestorLine, BMO Insurance and BMO Harris Private Banking. BMO Capital Markets, our North American
investment and corporate banking division, provides a full suite of financial products and services
to our North American and international clients. In the United States, BMO serves customers through
Chicago-based Harris, an integrated financial services organization with almost 1.3 million retail,
small business and commercial customers. BMO Financial Group comprises three operating groups:
Personal and Commercial Banking, Private Client Group and BMO Capital Markets. You can find
additional information about BMO on bmo.com. Q: Who is M&I Marshall & Ilsley Corporation? A:
Founded in 1847, M&I (Marshall & Ilsley) is the largest Wisconsin-based banking organization, with
188 offices throughout the state, and a total of 182 more in Arizona, Florida, Illinois, Indiana,
Kansas, Minnesota, Missouri and Nevada. The company is recognized for its commitment to its
customers and communities and for its excellence in consumer and business banking, wealth
management, and partnering with clients to meet their financial needs. Q: Why did you send me this
letter? A: Harris is sending a letter regarding the planned M&I acquisition to our Personal,
Business and Commercial deposit account customers, Health Savings Account customers, and Harris
Private Bank deposit account customers. The letter includes an Important Notice and Change in Terms
(CIT) to their deposit agreements and notice of the change of Harris N.A.s name t
o BMO Harris Bank
N.A., all of which will be effective at the time of the merger. Harris Investor Services clients
and Harris Private Bank trust and investment clients will also receive a notice of the merger and
name change. Q: I received more than one letter. Why? A :We tried to reduce the number of mailings
sent to our customers as much as possible; however, we could not completely minimize them where
customers have multiple product and service relationships. If you are a customer of both Harris and
M&I, you will receive a mailing from both banks. Q: What does this mean for me today?
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-personal.html[04/29/2011 7:37:51 AM]
|
Q&A for Personal Banking Customers | Harris-M&I merger information A: You can expect it to be
business-as-usual in the coming months. Continue to bank with us as you do today at your current
branches and ATMs, online and by telephone. You can use the same account numbers, checks, bank
cards and services you use today. Q: What do I need to do? A: You do not need to do anything at
this point. It is business-as-usual. Q: When will I begin to see the new BMO Harris Bank brand name
and new logo? A: After the transaction closes, you will continue to see our existing brand names
and logos Harris and M&I until we have integrated operations and systems. You will, however,
begin to see the BMO Harris Bank N.A. legal name on your statements, bank forms and correspondence,
as well as on our branch doors. Q: What does this mean for the banks community support? A: Harris,
M&I and BMO Financial Group share a long tradition of support for the communities they serve
through economic development programs, financial contributions and the significant time and efforts
volunteered by staff. We remain committed to the community, and through our involvement and
investment well continue to make our communities a better place. Q: Who can I contact with
questions? A: You can continue to speak with your branch contacts, your relationship manager or
visit our integration site at harrisbank.com/bmoharris. You can also contact us at: Harris Call
Centre: 1-888-340-2265 General Banking Q: Can I continue to bank at the same branches and ATMs? A:
Continue to bank just as you do today at your current branches with the same friendly faces,
ATMs, by telephone and online. Q: As a Harris customer, can I use M&I ATMs? A: You should continue
to bank where and how you do today in your local branch, over the telephone and online. After
the transaction closes, in addition to Harris ATMs, youll be able to withdraw cash, make deposits
(at ATMs that accept deposits), and check your balances without incurring a Non-Harris ATM
Transaction fee or an ATM surcharge fee at 480 ATMs with the M&I logo including M&I ATMs located in
Arizona, Florida, Indiana, Kansas, Minnesota, Missouri, and throughout Wisconsin. Q: Can I continue
to bank at the same location and with the same banker/relationship manager? A: Yes. Please continue
to bank as you do today in your current branch and with the banking professionals you work with
currently. Q: Will my bank account number(s) stay the same? A: Account numbers will not change at
the closing of the acquisition. If and when changes are made that affect your account numbers, we
will communicate that to you in advance. Q: Will the Routing Number stay the same? A: Yes. At this
time, the Routing Number we use, which appears on checks, will stay the same. When operations are
combined, we will notify you in advance of any changes to your accounts. Q: Can I continue to use
my checks? A: Yes. Continue to use your existing supply of checks. If you re-order checks, the bank
name will change to BMO Harris Bank N.A., the new legal name. If your check supply is running low,
please contact your banker. Q: Will my direct deposits and automatic payments continue? A: Yes.
Your account and specific direct deposits and automatic payments will be processed as they are
today. If and when changes are made, we will communicate that to you in advance. Q: Will my fees or
service charges change? A: It is business-as-usual, which means no changes to fees and service
charges, at this time. If and when changes are made that affect fees or service charges, we will
communicate that to you in advance. Q: When will the integration of operations and systems occur?
A: Although we dont have a specific date, we are committed to keeping you informed along the way.
Our commitment is to deliver a seamless transition for you. Q: What new services will the combined
bank offer
me/my company? A: As part of the BMO Financial Group, customers already have access to a
remarkably broad range of expertise in financial services. After the combination of Harris and M&I
into one organization, you will enjoy the benefit of a more expansive
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-personal.html[04/29/2011 7:37:51 AM]
|
Q&A for Personal Banking Customers | Harris-M&I merger information geographic footprint and the
full breadth of services spanning from east to west. Online Banking Q: How will my online products
and services be impacted? Will my day-to-day activities be interrupted? A: Please continue to use
our online products and services as you do today. Your online credentials will remain the same and
you can continue to access our systems as you do today. All scheduled activities, bill payments and
scheduled transfers will continue as you have them scheduled today, until further notice. Should
there become a need to make changes to our online products and services; we will notify you in
advance of any changes. Please note that we will NEVER solicit confidential information from you
via e-mail or text message. Should you receive a request of this nature that appears to be from
Harris, please notify us immediately by e-mailing harris.phish@harrisbank.com. Q: Will my online
products and services look and operate the same? A: Yes, our online products and services will look
and operate the same after the transaction closes. The new legal name, BMO Harris Bank N.A., will
appear on Harris websites once the acquisition closes. We will be introducing the new brand name
and logo over the next year. In the meantime, you will continue to see the familiar Harris name on
our online offerings until our systems are integrated. Safe Deposit Boxes Q: Will my safe deposit
box be changing? A: No. At this time, there will be no changes to safe deposit boxes other than as
previously announced. FDIC Insurance Q: What happens to my insurance coverage if I have deposits at
insured banks that merge? How do I verify my FDIC insurance coverage? A: When two or more insured
banks merge, deposits from the assumed bank are separately insured from deposits at the assuming
bank for at least six months after the merger. This grace period gives a depositor the opportunity
to restructure his or her account, if necessary. Certificates of Deposit (CDs) from the assumed
bank are separately insured until the earliest maturity date after the end of the six-month grace
period. CDs that mature during the six-month period and are renewed for the same term and in the
same dollar amount (either with or without accrued interest) continue to be separately insured
until the first maturity date after the six-month period. If a CD matures during the six-month
grace period and is renewed on any other basis, it would be separately insured only until the end
of the six-month grace period. The FDIC has helpful tools to assist you in determining your FDIC
insurance coverage. Please visit http://www.fdic.gov/deposit/deposits/index.html or call
1-877-ASK-FDIC (1-877-275-3342) or 1-800-925-4618 (hearing impaired line) for more information.
Loans/Line of Credit/Mortgages Q: Will there be any changes to my loan or line of credit? A: No.
The same terms and conditions as governed by the signed loan documents that apply to your credit
facility today will remain through maturity, regardless of the merger. Continue to use your
existing coupons to make your loan payments. Q: Will mortgage statements change? A: Only the bank
name will change on mortgage statements. Customers may continue to use the same payment address and
account number for mortgage loan payments. Q: May I continue to use my line of credit advance
checks? A: Yes. Continue to use your existing supply of checks. If you re-order checks, the bank
name will change to BMO Harris Bank N.A., which is the new legal name. If your check supply is
running low, please contact your banker. Q: May I continue to use my loan coupon book? A: Yes,
existing loan coupons may be used and there is no change to the mailing address or account number.
Credit Cards, Debit Cards and Payroll Cards Q: Can I continue to use my existing credit cards,
debit cards and payroll cards? A: Yes. Please continue to use your credit cards, debit c
ards(s) and
payroll cards as before. Q: What happens to my Harris Everyday Benefits points? A: There will be no
changes to your points at this time. Q: Will I receive a new Corporate Credit Card?
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-personal.html[04/29/2011 7:37:51 AM]
|
Q&A for Personal Banking Customers | Harris-M&I merger information A: No. You can continue to use
your current Corporate Credit Card. *Bank of Montreal and its affiliates are known as BMO Financial
Group. Cautionary Statement Regarding Forward-Looking Information Certain statements in this
communication are forward-looking statements under the United States Private Securities Litigation
Reform Act of 1995 (and are made pursuant to the safe harbour provisions of such Act) and
applicable Canadian securities legislation. These forward-looking statements include, but are not
limited to, statements with respect to the expected closing of the proposed acquisition of M&I,
plans for the acquired business and the financial impact of the acquisition and are typically
identified by words such as believe, expect, anticipate, intend, estimate, plan,
will, should, may, could and other similar expressions. By their nature, forward-looking
statements are based on various assumptions and are subject to inherent risks and uncertainties. We
caution readers of this communication not to place undue reliance on our forward-looking statements
as the assumptions underlying such statements may not turn out to be correct and a number of
factors could cause actual future results, conditions, actions or events to differ materially from
the targets, expectations, estimates or intentions expressed in the forward-looking statements.
Such factors include, but are not limited to: the possibility that the proposed transaction does
not close when expected or at all because required regulatory, shareholder or other approvals and
other conditions to closing are not received or satisfied on a timely basis or at all; the terms of
the proposed transaction may need to be modified to satisfy such approvals or conditions; the
anticipated benefits from the proposed transaction such as it being accretive to earnings,
expanding our North American presence and cost savings and synergies are not realized in the time
frame anticipated or at all as a result of changes in general economic and market conditions,
interest and exchange rates, monetary policy, laws and regulations (including changes to capital
requirements) and their enforcement, and the degree of competition in the geographic and business
areas in which M&I operates; the ability to promptly and effectively integrate the businesses of
M&I and BMO; reputational risks and the reaction of M&Is customers to the transaction; diversion
of management time on merger-related issues; increased exposure to exchange rate fluctuations; and
those other factors set out on pages 29 and 30 of BMOs 2010 Annual Report. A significant amount of
M&Is business involves making loans or otherwise committing resources to specific companies,
industries or geographic areas. Unforeseen events affecting such borrowers, industries or
geographic areas could have a material adverse effect on the performance of our integrated U.S.
operations. Assumptions about the performance of the Canadian and U.S. economies as well as overall
market conditions and their combined effect on the banks business are material factors we consider
when determining our strategic priorities, objectives and expectations for our business. In
determining our expectations for economic growth, both broadly and in the financial services
sector, we primarily consider historical economic data provided by the Canadian and U.S.
governments and their agencies. BMO does not undertake to update any forward-looking statement,
whether written or oral, that may be made, from time to time, by the organization or on its behalf,
except as required by law. Additional Information for Shareholders In connection with the proposed
merger transaction, BMO has filed with the Securities and Exc
hange Commission a Registration
Statement on Form F-4 and a definitive Proxy Statement/Prospectus, as well as other relevant
documents concerning the proposed transaction. Shareholders are urged to read the Registration
Statement and the definitive Proxy Statement/Prospectus and any other relevant documents filed with
the SEC, as well as any amendments or supplements to those documents, because they will contain
important information. A free copy of the definitive Proxy Statement/Prospectus, as well as other
filings containing information about BMO and M&I, may be obtained at the SECs Internet site
(http://www.sec.gov). You can also obtain these documents, free of charge, from BMO at www.BMO.com
under the tab About BMO Investor Relations and then under the heading Frequently Accessed
Documents, from BMO Investor Relations at investor.relations@bmo.com or (416) 867-6642, from M&I
by accessing M&Is website at www.MICorp.com under the tab Investor Relations and then under the
heading SEC Filings, or from M&I at (414) 765-7814. BMO and M&I and certain of their directors
and executive officers may be deemed to be participants in the solicitation of proxies from the
shareholders of M&I in connection with the proposed merger. Information about the directors and
executive officers of BMO is set forth in the proxy statement for BMOs 2011 annual meeting of
shareholders, as filed with the SEC on Form 6-K on February 25, 2011. Information about the
directors and executive officers of M&I is set forth in the proxy statement for M&Is 2010 annual
meeting of shareholders, as filed with the SEC on a Schedule 14A on March 12, 2010. Additional
information regarding the interests of those participants and other persons who may be deemed
participants in the transaction may be obtained by reading the above-referenced definitive Proxy
Statement/Prospectus. Free copies of this document may be obtained as described in the preceding
paragraph. Legal Cautionary Statement Regarding Forward-Looking Information Additional Information
for Shareholders https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-personal.html[04/29/2011
7:37:51 AM]
|
Q&A for Personal Banking Customers | Harris-M&I merger information Harris
®
is a trade name used by
Harris N.A. and its affiliates. Member FDIC. Third party web sites may have privacy and security
policies different from Harris. Links to other web sites do not imply the endorsement or approval
of such web sites. Please review the privacy and security policies of web sites reached through
links from Harris web sites.
|
Q&A for Small Business Banking Customers | Harris-M&I merger information Community Investors Media
Harris Locator harrisbank.com Print this page Welcome About the Merger About BMO About M&I Q&A
Customer Mailings Change in Terms FDIC General Personal Banking Small Business Banking Commercial
Banking Contact Harris Q&A for Small Business Banking Customers A list of contacts to help you find
what youre looking for. Q: What is changing? Who is BMO Harris Bank N.A.? A: On Friday, December
17, 2010 BMO Financial Group* announced a definitive agreement to acquire Marshall & Ilsley
Corporation (M&I). As part of this transaction, M&I Marshall & Ilsley Bank, M&I Bank FSB, and The
Harris Bank N.A. will be merged with and into Harris N.A as the surviving bank. The name of Harris
N.A. will change to BMO Harris Bank N.A. at that Online Security time. Harris N.A. is a subsidiary
of BMO Financial Group. The transaction is subject to customary closing conditions, Were committed
to protecting including regulatory approval and M&I shareholder approval. information about you. Q:
When will these changes take place? A: After the transaction closes, the bank will be headquartered
in the Midwest, providing significant benefits for our customers and the communities that we serve.
We anticipate the closing to be completed prior to July 31, 2011. We will let you know when the
transaction has closed by posting a notice on our website, harrisbank.com, placing a sign in our
branches, or publishing a notice in newspapers. After the transaction closes, you will continue to
see our existing brand names and logos Harris and M&I until we have integrated operations and
systems. You will, however, begin to see the BMO Harris Bank N.A. legal name on your statements,
bank forms and correspondence, as well as on our branch doors. Q: Who is BMO Financial Group?
A:Established in 1817, BMO Financial Group is a highly diversified North American financial
services provider. With total assets of $412 billion and 38,000 employees, BMO provides a broad
range of retail banking, wealth management and investment banking products and services. We serve
more than seven million customers across Canada through our Canadian retail arm, BMO Bank of
Montreal. We also serve customers through our wealth management businesses, BMO Nesbitt Burns, BMO
InvestorLine, BMO Insurance and BMO Harris Private Banking. BMO Capital Markets, our North American
investment and corporate banking division, provides a full suite of financial products and services
to our North American and international clients. In the United States, BMO serves customers through
Chicago-based Harris, an integrated financial services organization with almost 1.3 million retail,
small business and commercial customers. BMO Financial Group comprises three operating groups:
Personal and Commercial Banking, Private Client Group and BMO Capital Markets. You can find
additional information about BMO on bmo.com. Q: Who is M&I Marshall & Ilsley Corporation? A:
Founded in 1847, M&I (Marshall & Ilsley) is the largest Wisconsin-based banking organization, with
188 offices throughout the state, and a total of 182 more in Arizona, Florida, Illinois, Indiana,
Kansas, Minnesota, Missouri and Nevada. The company is recognized for its commitment to its
customers and communities and for its excellence in consumer and business banking, wealth
management, and partnering with clients to meet their financial needs. Q: Why did you send me this
letter? A: Harris is sending a letter regarding the planned M&I acquisition to our Personal,
Business and Commercial deposit account customers, Health Savings Account customers, and Harris
Private Bank deposit account customers. The letter includes an Important Notice and Change in Terms
(CIT) to their deposit agreements and notice of the change of Harris N.A.s
name to BMO Harris Bank
N.A., all of which will be effective at the time of the merger. Harris Investor Services clients
and Harris Private Bank trust and investment clients will also receive a notice of the merger and
name change. Q: I received more than one letter. Why? A :We tried to reduce the number of mailings
sent to our customers as much as possible; however, we could not completely minimize them where
customers have multiple product and service relationships. If you are a customer of both Harris and
M&I, you will receive a mailing from both banks. Q: What does this mean for me today?
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-small-business.html[04/29/2011 7:38:23 AM]
|
Q&A for Small Business Banking Customers | Harris-M&I merger information A: You can expect it to be
business-as-usual in the coming months. Continue to bank with us as you do today at your current
branches and ATMs, online and by telephone. You can use the same account numbers, checks, bank
cards and services you use today. Q: What do I need to do? A: You do not need to do anything at
this point. It is business-as-usual. Q: When will I begin to see the new BMO Harris Bank brand name
and new logo? A: After the transaction closes, you will continue to see our existing brand names
and logos Harris and M&I until we have integrated operations and systems. You will, however,
begin to see the BMO Harris Bank N.A. legal name on your statements, bank forms and correspondence,
as well as on our branch doors. Q: What does this mean for the banks community support? A: Harris,
M&I and BMO Financial Group share a long tradition of support for the communities they serve
through economic development programs, financial contributions and the significant time and efforts
volunteered by staff. We remain committed to the community, and through our involvement and
investment well continue to make our communities a better place. Q: Who can I contact with
questions? A: You can continue to speak with your branch contacts, your relationship manager or
visit our integration site at harrisbank.com/bmoharris. You can also contact us at: Harris Call
Centre: 1-888-340-2265 General Banking Q: Can I continue to bank at the same branches and ATMs? A:
Continue to bank just as you do today at your current branches with the same friendly faces,
ATMs, by telephone and online. Q: As a Harris customer, can I use M&I ATMs? A: You should continue
to bank where and how you do today in your local branch, over the telephone and online. After
the transaction closes, in addition to Harris ATMs, youll be able to withdraw cash, make deposits
(at ATMs that accept deposits), and check your balances without incurring a Non-Harris ATM
Transaction fee or an ATM surcharge fee at 480 ATMs with the M&I logo including M&I ATMs located in
Arizona, Florida, Indiana, Kansas, Minnesota, Missouri, and throughout Wisconsin. Q: Can I continue
to bank at the same location and with the same banker/relationship manager? A: Yes. Please continue
to bank as you do today in your current branch and with the banking professionals you work with
currently. Q: Will my bank account number(s) stay the same? A: Account numbers will not change at
the closing of the acquisition. If and when changes are made that affect your account numbers, we
will communicate that to you in advance. Q: Will the Routing Number stay the same? A: Yes. At this
time, the Routing Number we use, which appears on checks, will stay the same. When operations are
combined, we will notify you in advance of any changes to your accounts. Q: Can I continue to use
my checks? A: Yes. Continue to use your existing supply of checks. If you re-order checks, the bank
name will change to BMO Harris Bank N.A., the new legal name. If your check supply is running low,
please contact your banker. Q: Will my direct deposits and automatic payments continue? A: Yes.
Your account and specific direct deposits and automatic payments will be processed as they are
today. If and when changes are made, we will communicate that to you in advance. Q: Will my fees or
service charges change? A: It is business-as-usual, which means no changes to fees and service
charges, at this time. If and when changes are made that affect fees or service charges, we will
communicate that to you in advance. Q: When will the integration of operations and systems occur?
A: Although we dont have a specific date, we are committed to keeping you informed along the way.
Our commitment is to deliver a seamless transition for you. Q: What new services will the combined
bank
offer me/my company? A: As part of the BMO Financial Group, customers already have access to a
remarkably broad range of expertise in financial services. After the combination of Harris and M&I
into one organization, you will enjoy the benefit of a more expansive
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-small-business.html[04/29/2011 7:38:23 AM]
|
Q&A for Small Business Banking Customers | Harris-M&I merger information geographic footprint and
the full breadth of services spanning from east to west. Online Banking Q: How will my online
products and services be impacted? Will my day-to-day activities be interrupted? A: Please continue
to use our online products and services as you do today. Your online credentials will remain the
same and you can continue to access our systems as you do today. All scheduled activities, bill
payments and scheduled transfers will continue as you have them scheduled today, until further
notice. Should there become a need to make changes to our online products and services; we will
notify you in advance of any changes. Please note that we will NEVER solicit confidential
information from you via e-mail or text message. Should you receive a request of this nature that
appears to be from Harris, please notify us immediately by e-mailing harris.phish@harrisbank.com.
Q: Will my online products and services look and operate the same? A: Yes, our online products and
services will look and operate the same after the transaction closes. The new legal name, BMO
Harris Bank N.A., will appear on Harris websites once the acquisition closes. We will be
introducing the new brand name and logo over the next year. In the meantime, you will continue to
see the familiar Harris name on our online offerings until our systems are integrated. Safe Deposit
Boxes Q: Will my safe deposit box be changing? A: No. At this time, there will be no changes to
safe deposit boxes other than as previously announced. FDIC Insurance Q: What happens to my
insurance coverage if I have deposits at insured banks that merge? How do I verify my FDIC
insurance coverage? A: When two or more insured banks merge, deposits from the assumed bank are
separately insured from deposits at the assuming bank for at least six months after the merger.
This grace period gives a depositor the opportunity to restructure his or her account, if
necessary. Certificates of Deposit (CDs) from the assumed bank are separately insured until the
earliest maturity date after the end of the six-month grace period. CDs that mature during the
six-month period and are renewed for the same term and in the same dollar amount (either with or
without accrued interest) continue to be separately insured until the first maturity date after the
six-month period. If a CD matures during the six-month grace period and is renewed on any other
basis, it would be separately insured only until the end of the six-month grace period. The FDIC
has helpful tools to assist you in determining your FDIC insurance coverage. Please visit
http://www.fdic.gov/deposit/deposits/index.html or call 1-877-ASK-FDIC (1-877-275-3342) or
1-800-925-4618 (hearing impaired line) for more information. Loans/Line of Credit/Mortgages Q: Will
there be any changes to my loan or line of credit? A: No. The same terms and conditions as governed
by the signed loan documents that apply to your credit facility today will remain through maturity,
regardless of the merger. Continue to use your existing coupons to make your loan payments. Q: Will
mortgage statements change? A: Only the bank name will change on mortgage statements. Customers may
continue to use the same payment address and account number for mortgage loan payments. Q: May I
continue to use my line of credit advance checks? A: Yes. Continue to use your existing supply of
checks. If you re-order checks, the bank name will change to BMO Harris Bank N.A., which is the new
legal name. If your check supply is running low, please contact your banker. Q: May I continue to
use my loan coupon book? A: Yes, existing loan coupons may be used and there is no change to the
mailing address or account number. Credit Cards, Debit Cards and Payroll Cards Q: Can I continue to
use my existing credit cards, debit cards and payroll cards? A: Yes. Please continue to use your
credit ca
rds, debit cards(s) and payroll cards as before. Q: What happens to my Harris Everyday
Benefits points? A: There will be no changes to your points at this time. Q:Will I receive a new
Corporate Credit Card?
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-small-business.html[04/29/2011 7:38:23 AM]
|
Q&A for Small Business Banking Customers | Harris-M&I merger information A: No. You can continue to
use your current Corporate Credit Card. *Bank of Montreal and its affiliates are known as BMO
Financial Group. Cautionary Statement Regarding Forward-Looking Information Certain statements in
this communication are forward-looking statements under the United States Private Securities
Litigation Reform Act of 1995 (and are made pursuant to the safe harbour provisions of such Act)
and applicable Canadian securities legislation. These forward-looking statements include, but are
not limited to, statements with respect to the expected closing of the proposed acquisition of M&I,
plans for the acquired business and the financial impact of the acquisition and are typically
identified by words such as believe, expect, anticipate, intend, estimate, plan,
will, should, may, could and other similar expressions. By their nature, forward-looking
statements are based on various assumptions and are subject to inherent risks and uncertainties. We
caution readers of this communication not to place undue reliance on our forward-looking statements
as the assumptions underlying such statements may not turn out to be correct and a number of
factors could cause actual future results, conditions, actions or events to differ materially from
the targets, expectations, estimates or intentions expressed in the forward-looking statements.
Such factors include, but are not limited to: the possibility that the proposed transaction does
not close when expected or at all because required regulatory, shareholder or other approvals and
other conditions to closing are not received or satisfied on a timely basis or at all; the terms of
the proposed transaction may need to be modified to satisfy such approvals or conditions; the
anticipated benefits from the proposed transaction such as it being accretive to earnings,
expanding our North American presence and cost savings and synergies are not realized in the time
frame anticipated or at all as a result of changes in general economic and market conditions,
interest and exchange rates, monetary policy, laws and regulations (including changes to capital
requirements) and their enforcement, and the degree of competition in the geographic and business
areas in which M&I operates; the ability to promptly and effectively integrate the businesses of
M&I and BMO; reputational risks and the reaction of M&Is customers to the transaction; diversion
of management time on merger-related issues; increased exposure to exchange rate fluctuations; and
those other factors set out on pages 29 and 30 of BMOs 2010 Annual Report. A significant amount of
M&Is business involves making loans or otherwise committing resources to specific companies,
industries or geographic areas. Unforeseen events affecting such borrowers, industries or
geographic areas could have a material adverse effect on the performance of our integrated U.S.
operations. Assumptions about the performance of the Canadian and U.S. economies as well as overall
market conditions and their combined effect on the banks business are material factors we consider
when determining our strategic priorities, objectives and expectations for our business. In
determining our expectations for economic growth, both broadly and in the financial services
sector, we primarily consider historical economic data provided by the Canadian and U.S.
governments and their agencies. BMO does not undertake to update any forward-looking statement,
whether written or oral, that may be made, from time to time, by the organization or on its behalf,
except as required by law. Additional Information for Shareholders In connection with the proposed
merger transaction, BMO has filed with the Securities a
nd Exchange Commission a Registration
Statement on Form F-4 and a definitive Proxy Statement/Prospectus, as well as other relevant
documents concerning the proposed transaction. Shareholders are urged to read the Registration
|
Statement and the definitive Proxy Statement/Prospectus and any other relevant documents filed with
the SEC, as well as any amendments or supplements to those documents, because they will contain
important information. A free copy of the definitive Proxy Statement/Prospectus, as well as other
filings containing information about BMO and M&I, may be obtained at the SECs Internet site
(http://www.sec.gov). You can also obtain these documents, free of charge, from BMO at www.BMO.com
under the tab About BMO Investor Relations and then under the heading Frequently Accessed
Documents, from BMO Investor Relations at investor.relations@bmo.com or (416) 867-6642, from M&I
by accessing M&Is website at www.MICorp.com under the tab Investor Relations and then under the
heading SEC Filings, or from M&I at (414) 765-7814. BMO and M&I and certain of their directors
and executive officers may be deemed to be participants in the solicitation of proxies from the
shareholders of M&I in connection with the proposed merger. Information about the directors and
executive officers of BMO is set forth in the proxy statement for BMOs 2011 annual meeting of
shareholders, as filed with the SEC on Form 6-K on February 25, 2011. Information about the
directors and executive officers of M&I is set forth in the proxy statement for M&Is 2010 annual
meeting of shareholders, as filed with the SEC on a Schedule 14A on March 12, 2010. Additional
information regarding the interests of those participants and other persons who may be deemed
participants in the transaction may be obtained by reading the above-referenced definitive Proxy
Statement/Prospectus. Free copies of this document may be obtained as described in the preceding
paragraph. https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-small-business.html[04/29/2011
7:38:23 AM]
|
Q&A for Small Business Banking Customers | Harris-M&I merger information Legal Cautionary Statement
Regarding Forward-Looking Information Additional Information for Shareholders Harris
®
is a trade
name used by Harris N.A. and its affiliates. Member FDIC. Third party web sites may have privacy
and security policies different from Harris. Links to other web sites do not imply the endorsement
or approval of such web sites. Please review the privacy and security policies of web sites reached
through links from Harris web sites.
|
Q&A for Commercial Banking Customers | Harris-M&I merger information Community Investors Media
Harris Locator harrisbank.com Print this page Welcome About the Merger About BMO About M&I Q&A
Customer Mailings Change in Terms FDIC General Personal Banking Small Business Banking Commercial
Banking Contact Harris Q&A for Commercial Banking Customers A list of contacts to help you find
what youre looking for. Q: What changes are happening for my Commercial accounts? A: Harris is
sending a letter regarding the M&I acquisition to our Commercial deposit account customers which
includes an Important Notice and Change in Terms (CIT) to their deposit and cash management
agreements and notice of the change of Harris N.A.s name to BMO Harris Bank N.A., all of which
will be effective immediately after the merger. Online Security Q: Is anything changing about my
account numbers, products or fees? Were committed to protecting A: Account numbers, products and
fees will not change when the transaction closes. If and when changes are made that affect
information about you. your account numbers, products, or fees, we will communicate that to you in
advance. Q: What is changing? Who is BMO Harris Bank N.A.? A: On Friday, December 17, 2010 BMO
Financial Group* announced a definitive agreement to acquire Marshall & Ilsley Corporation (M&I).
As part of this transaction, M&I Marshall & Ilsley Bank, M&I Bank FSB, and The Harris Bank N.A.
will be merged with and into Harris N.A as the surviving bank. The name of Harris N.A. will change
to BMO Harris Bank N.A. at that time. Harris N.A. is a subsidiary of BMO Financial Group. The
transaction is subject to customary closing conditions, including regulatory approval and M&I
shareholder approval. Q: When will these changes take place? A: After the transaction closes, the
bank will be headquartered in the Midwest, providing significant benefits for our customers and the
communities that we serve. We anticipate the closing to be completed prior to July 31, 2011. We
will let you know when the transaction has closed by posting a notice on our website,
harrisbank.com, placing a sign in our branches, or publishing a notice in newspapers. After the
transaction closes, you will continue to see our existing brand names and logos Harris and M&I
until we have integrated operations and systems. You will, however, begin to see the BMO Harris
Bank N.A. legal name on your statements, bank forms and correspondence, as well as on our branch
doors. Q: Who is BMO Financial Group? A:Established in 1817, BMO Financial Group is a highly
diversified North American financial services provider. With total assets of $412 billion and
38,000 employees, BMO provides a broad range of retail banking, wealth management and investment
banking products and services. We serve more than seven million customers across Canada through our
Canadian retail arm, BMO Bank of Montreal. We also serve customers through our wealth management
businesses, BMO Nesbitt Burns, BMO InvestorLine, BMO Insurance and BMO Harris Private Banking. BMO
Capital Markets, our North American investment and corporate banking division, provides a full
suite of financial products and services to our North American and international clients. In the
United States, BMO serves customers through Chicago-based Harris, an integrated financial services
organization with almost 1.3 million retail, small business and commercial customers. BMO Financial
Group comprises three operating groups: Personal and Commercial Banking, Private Client Group and
BMO Capital Markets. You can find additional information about BMO on bmo.com. Q: Who is M&I
Marshall & Ilsley Corporation? A: Founded in 1847, M&I (Marshall & Ilsley) is the largest
Wisconsin-based banking organization, with 188 offices throughout the state, and a total of 182
more in Ari
zona, Florida, Illinois, Indiana, Kansas, Minnesota, Missouri and Nevada. The company is
recognized for its commitment to its customers and communities and for its excellence in consumer
and business banking, wealth management, and partnering with clients to meet their financial needs.
Q: Why did you send me this letter? A: Harris is sending a letter regarding the planned M&I
acquisition to our Personal, Business and Commercial deposit account customers, Health Savings
Account customers, and Harris Private Bank deposit account customers. The letter includes an
Important Notice and Change in Terms (CIT) to their deposit agreements and notice of the change of
Harris N.A.s name to
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-commercial.html[04/29/2011 7:38:49 AM]
|
Q&A for Commercial Banking Customers | Harris-M&I merger information BMO Harris Bank N.A., all of
which will be effective at the time of the merger. Harris Investor Services clients and Harris
Private Bank trust and investment clients will also receive a notice of the merger and name change.
Q: I received more than one letter. Why? A :We tried to reduce the number of mailings sent to our
customers as much as possible; however, we could not completely minimize them where customers have
multiple product and service relationships. If you are a customer of both Harris and M&I, you will
receive a mailing from both banks. Q: What does this mean for me today? A: You can expect it to be
business-as-usual in the coming months. Continue to bank with us as you do today at your current
branches and ATMs, online and by telephone. You can use the same account numbers, checks, bank
cards and services you use today. Q: What do I need to do? A: You do not need to do anything at
this point. It is business-as-usual. Q: When will I begin to see the new BMO Harris Bank brand name
and new logo? A: After the transaction closes, you will continue to see our existing brand names
and logos Harris and M&I until we have integrated operations and systems. You will, however,
begin to see the BMO Harris Bank N.A. legal name on your statements, bank forms and correspondence,
as well as on our branch doors. Q: What does this mean for the banks community support? A: Harris,
M&I and BMO Financial Group share a long tradition of support for the communities they serve
through economic development programs, financial contributions and the significant time and efforts
volunteered by staff. We remain committed to the community, and through our involvement and
investment well continue to make our communities a better place. Q: Who can I contact with
questions? A: You can continue to speak with your branch contacts, your relationship manager or
visit our integration site at harrisbank.com/bmoharris. You can also contact us at: Harris Call
Centre: 1-888-340-2265 General Banking Q: Can I continue to bank at the same branches and ATMs? A:
Continue to bank just as you do today at your current branches with the same friendly faces,
ATMs, by telephone and online. Q: As a Harris customer, can I use M&I ATMs? A: You should continue
to bank where and how you do today in your local branch, over the telephone and online. After
the transaction closes, in addition to Harris ATMs, youll be able to withdraw cash, make deposits
(at ATMs that accept deposits), and check your balances without incurring a Non-Harris ATM
Transaction fee or an ATM surcharge fee at 480 ATMs with the M&I logo including M&I ATMs located in
Arizona, Florida, Indiana, Kansas, Minnesota, Missouri, and throughout Wisconsin. Q: Can I continue
to bank at the same location and with the same banker/relationship manager? A: Yes. Please continue
to bank as you do today in your current branch and with the banking professionals you work with
currently. Q: Will my bank account number(s) stay the same? A: Account numbers will not change at
the closing of the acquisition. If and when changes are made that affect your account numbers, we
will communicate that to you in advance. Q: Will the Routing Number stay the same? A: Yes. At this
time, the Routing Number we use, which appears on checks, will stay the same. When operations are
combined, we will notify you in advance of any changes to your accounts. Q: Can I continue to use
my checks? A: Yes. Continue to use your existing supply of checks. If you re-order checks, the bank
name will change to BMO Harris Bank N.A., the new legal name. If your check supply is running low,
please contact your banker. Q: Will my direct deposits and automatic payments continue? A: Yes.
Your account and specific direct deposits and automatic payments will be processed as they are
toda
y. If and when changes are made, we will communicate that to you in advance. Q: Will my fees or
service charges change? A: It is business-as-usual, which means no changes to fees and service
charges, at this time. If and when changes are made
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-commercial.html[04/29/2011 7:38:49 AM]
|
Q&A for Commercial Banking Customers | Harris-M&I merger information that affect fees or service
charges, we will communicate that to you in advance. Q: When will the integration of operations and
systems occur? A: Although we dont have a specific date, we are committed to keeping you informed
along the way. Our commitment is to deliver a seamless transition for you. Q: What new services
will the combined bank offer me/my company? A: As part of the BMO Financial Group, customers
already have access to a remarkably broad range of expertise in financial services. After the
combination of Harris and M&I into one organization, you will enjoy the benefit of a more expansive
geographic footprint and the full breadth of services spanning from east to west. Online Banking Q:
How will my online products and services be impacted? Will my day-to-day activities be interrupted?
A: Please continue to use our online products and services as you do today. Your online credentials
will remain the same and you can continue to access our systems as you do today. All scheduled
activities, bill payments and scheduled transfers will continue as you have them scheduled today,
until further notice. Should there become a need to make changes to our online products and
services; we will notify you in advance of any changes. Please note that we will NEVER solicit
confidential information from you via e-mail or text message. Should you receive a request of this
nature that appears to be from Harris, please notify us immediately by e-mailing
harris.phish@harrisbank.com. Q: Will my online products and services look and operate the same? A:
Yes, our online products and services will look and operate the same after the transaction closes.
The new legal name, BMO Harris Bank N.A., will appear on Harris websites once the acquisition
closes. We will be introducing the new brand name and logo over the next year. In the meantime, you
will continue to see the familiar Harris name on our online offerings until our systems are
integrated. Safe Deposit Boxes Q: Will my safe deposit box be changing? A: No. At this time, there
will be no changes to safe deposit boxes other than as previously announced. FDIC Insurance Q: What
happens to my insurance coverage if I have deposits at insured banks that merge? How do I verify my
FDIC insurance coverage? A: When two or more insured banks merge, deposits from the assumed bank
are separately insured from deposits at the assuming bank for at least six months after the merger.
This grace period gives a depositor the opportunity to restructure his or her account, if
necessary. Certificates of Deposit (CDs) from the assumed bank are separately insured until the
earliest maturity date after the end of the six-month grace period. CDs that mature during the
six-month period and are renewed for the same term and in the same dollar amount (either with or
without accrued interest) continue to be separately insured until the first maturity date after the
six-month period. If a CD matures during the six-month grace period and is renewed on any other
basis, it would be separately insured only until the end of the six-month grace period. The FDIC
has helpful tools to assist you in determining your FDIC insurance coverage. Please visit
http://www.fdic.gov/deposit/deposits/index.html or call 1-877-ASK-FDIC (1-877-275-3342) or
1-800-925-4618 (hearing impaired line) for more information. Loans/Line of Credit/Mortgages Q: Will
there be any changes to my loan or line of credit? A: No. The same terms and conditions as governed
by the signed loan documents that apply to your credit facility today will remain through maturity,
regardless of the merger. Continue to use your existing coupons to make your loan payments. Q: Will
mortgage statements change? A: Only the bank name will change on mortgage statements. Customers may
continue to use the same payment address and account number for mortgage loan pay
ments. Q: May I
continue to use my line of credit advance checks? A: Yes. Continue to use your existing supply of
checks. If you re-order checks, the bank name will change to BMO Harris Bank N.A., which is the new
legal name. If your check supply is running low, please contact your banker. Q: May I continue to
use my loan coupon book? A: Yes, existing loan coupons may be used and there is no change to the
mailing address or account number.
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-commercial.html[04/29/2011 7:38:49 AM]
|
Q&A for Commercial Banking Customers | Harris-M&I merger information Credit Cards, Debit Cards and
Payroll Cards Q: Can I continue to use my existing credit cards, debit cards and payroll cards? A:
Yes. Please continue to use your credit cards, debit cards(s) and payroll cards as before. Q: What
happens to my Harris Everyday Benefits points? A: There will be no changes to your points at this
time. Q: Will I receive a new Corporate Credit Card? A: No. You can continue to use your current
Corporate Credit Card. *Bank of Montreal and its affiliates are known as BMO Financial Group.
Cautionary Statement Regarding Forward-Looking Information Certain statements in this communication
are forward-looking statements under the United States Private Securities Litigation Reform Act of
1995 (and are made pursuant to the safe harbour provisions of such Act) and applicable Canadian
securities legislation. These forward-looking statements include, but are not limited to,
statements with respect to the expected closing of the proposed acquisition of M&I, plans for the
acquired business and the financial impact of the acquisition and are typically identified by words
such as believe, expect, anticipate, intend, estimate, plan, will, should, may,
could and other similar expressions. By their nature, forward-looking statements are based on
various assumptions and are subject to inherent risks and uncertainties. We caution readers of this
communication not to place undue reliance on our forward-looking statements as the assumptions
underlying such statements may not turn out to be correct and a number of factors could cause
actual future results, conditions, actions or events to differ materially from the targets,
expectations, estimates or intentions expressed in the forward-looking statements. Such factors
include, but are not limited to: the possibility that the proposed transaction does not close when
expected or at all because required regulatory, shareholder or other approvals and other conditions
to closing are not received or satisfied on a timely basis or at all; the terms of the proposed
transaction may need to be modified to satisfy such approvals or conditions; the anticipated
benefits from the proposed transaction such as it being accretive to earnings, expanding our North
American presence and cost savings and synergies are not realized in the time frame anticipated or
at all as a result of changes in general economic and market conditions, interest and exchange
rates, monetary policy, laws and regulations (including changes to capital requirements) and their
enforcement, and the degree of competition in the geographic and business areas in which M&I
operates; the ability to promptly and effectively integrate the businesses of M&I and BMO;
reputational risks and the reaction of M&Is customers to the transaction; diversion of management
time on merger-related issues; increased exposure to exchange rate fluctuations; and those other
factors set out on pages 29 and 30 of BMOs 2010 Annual Report. A significant amount of M&Is
business involves making loans or otherwise committing resources to specific companies, industries
or geographic areas. Unforeseen events affecting such borrowers, industries or geographic areas
could have a material adverse effect on the performance of our integrated U.S. operations.
Assumptions about the performance of the Canadian and U.S. economies as well as overall market
conditions and their combined effect on the banks business are material factors we consider when
determining our strategic priorities, objectives and expectations for our business. In determining
our expectations for economic growth, both broadly and in the financial services sector, we
primarily consider historical economic data provided
by the Canadian and U.S. governments and their
agencies. BMO does not undertake to update any forward-looking statement, whether written or oral,
that may be made, from time to time, by the organization or on its behalf, except as required by
law. Additional Information for Shareholders In connection with the proposed merger transaction,
BMO has filed with the Securities and Exchange Commission a Registration Statement on Form F-4 and
a definitive Proxy Statement/Prospectus, as well as other relevant documents concerning the
proposed transaction. Shareholders are urged to read the Registration Statement and the definitive
Proxy Statement/Prospectus and any other relevant documents filed with the SEC, as well as any
amendments or supplements to those documents, because they will contain important information. A
free copy of the definitive Proxy Statement/Prospectus, as well as other filings containing
information about BMO and M&I, may be obtained at the SECs Internet site (http://www.sec.gov). You
can also obtain these documents, free of charge, from BMO at www.BMO.com under the tab About BMO -
Investor Relations and then under the heading Frequently Accessed Documents, from BMO Investor
Relations at investor.relations@bmo.com or (416) 867-6642, from M&I by accessing M&Is website at
www.MICorp.com under the tab Investor Relations and then under the heading SEC Filings, or from
|
M&I at (414) 765-7814. BMO and M&I and certain of their directors and executive officers may be
deemed to be participants in the solicitation of proxies from the shareholders of M&I in connection
with the proposed merger. Information about the directors and executive
https://www4.harrisbank.com/vgn/bmoharris_welcome/qa-commercial.html[04/29/2011 7:38:49 AM]
|
Q&A for Commercial Banking Customers | Harris-M&I merger information officers of BMO is set forth
in the proxy statement for BMOs 2011 annual meeting of shareholders, as filed with the SEC on Form
6-K on February 25, 2011. Information about the directors and executive officers of M&I is set
forth in the proxy statement for M&Is 2010 annual meeting of shareholders, as filed with the SEC
on a Schedule 14A on March 12, 2010. Additional information regarding the interests of those
participants and other persons who may be deemed participants in the transaction may be obtained by
reading the above-referenced definitive Proxy Statement/Prospectus. Free copies of this document
may be obtained as described in the preceding paragraph. Legal Cautionary Statement Regarding
Forward-Looking Information Additional Information for Shareholders Harris
®
is a trade name used by
Harris N.A. and its affiliates. Member FDIC. Third party web sites may have privacy and security
policies different from Harris. Links to other web sites do not imply the endorsement or approval
of such web sites. Please review the privacy and security policies of web sites reached through
links from Harris web sites.
|
Mailings to Personal Banking Customers | Harris-M&I merger information Community Investors Media
Harris Locator harrisbank.com Print this page Welcome About the Merger About BMO About M&I Q&A
Customer Mailings Change in Terms FDIC Personal Banking Small Business Banking Commercial Banking
Contact Harris Mailings to Personal Banking Customers A list of contacts to help you find what
youre looking for. Mailing Date Description Personal Deposit Accounts Online Security April 29,
2011 Letter: Merger Announcement to Personal Banking Customers of Harris N.A. (PDF) Were committed
to protecting April 29, 2011 Brochure: Your Banking Relationship with Harris for Personal Banking
Customers of Harris N.A. (PDF) information about you. April 29, 2011 Insert: Important Notice and
Change in Terms to the Harris Handbook for Personal and Business Deposit Accounts Harris N.A.
April 03, 2010 (PDF) April 29, 2011 Insert: Important Notice and Change in Terms to the Harris
Handbook for Personal and Business Deposit Accounts Harris N.A. Sept 18, 2010 (PDF) Health
Savings Accounts April 29, 2011 Letter: Merger Announcement to Personal Banking Customers of Harris
Bank HSA (PDF) April 29, 2011 Brochure: Your Banking Relationship with Harris for Personal Banking
Customers of Harris Bank HSA (PDF) April 29, 2011 Insert: Important Notice and Change in Terms to
the Master Agreement for Harris Health Savings Account and Harris HSA MasterCard
®
Debit Card (PDF)
Legal Cautionary Statement Regarding Forward-Looking Information Additional Information for
Shareholders Harris
®
is a trade name used by Harris N.A. and its affiliates. Member FDIC. Third
party web sites may have privacy and security policies different from Harris. Links to other web
sites do not imply the endorsement or approval of such web sites. Please review the privacy and
security policies of web sites reached through links from Harris web sites.
|
Mailings to Small Business Banking Customers | Harris-M&I merger information Community Investors
Media Harris Locator harrisbank.com Print this page Welcome About the Merger About BMO About M&I
Q&A Customer Mailings Change in Terms FDIC Personal Banking Small Business Banking Commercial
Banking Contact Harris Mailings to Small Business Banking Customers A list of contacts to help you
find what youre looking for. Mailing Date Description April 29, 2011 Letter: Merger Announcement
to Small Business Banking Customers of Harris (PDF) Online Security April 29, 2011 Letter: Merger
Announcement to Commercial Banking Account Customers of Harris N.A. (PDF) Were committed to
protecting information about you. April 29, 2011 Brochure: Your Banking Relationship with Harris
for Small Business Banking Customers of Harris (PDF) April 29, 2011 Insert: Important Notice and
Change in Terms to the Harris Handbook for Personal and Business Deposit Accounts Harris N.A.
April 03, 2011 (PDF) April 29, 2011 Insert: Important Notice and Change in Terms to the Cash
Management Services Master Agreement and the Global Treasury Management Services Master Agreement
Harris N.A. April 03, 2011 (PDF) April 29, 2011 Insert: Important Notice and Change in Terms to
the Harris Handbook for Personal and Business Deposit Accounts Harris N.A. Sept 18, 2010 (PDF)
April 29, 2011 Insert: Important Notice and Change in Terms to the Cash Management Services Master
Agreement and the Global Treasury Management Services Master Agreement Harris N.A. Sept 18, 2010
(PDF) Legal Cautionary Statement Regarding Forward-Looking Information Additional Information for
Shareholders Harris
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is a trade name used by Harris N.A. and its affiliates. Member FDIC. Third
party web sites may have privacy and security policies different from Harris. Links to other web
sites do not imply the endorsement or approval of such web sites. Please review the privacy and
security policies of web sites reached through links from Harris web sites.
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Mailings to Commercial Banking Customers | Harris-M&I merger information Community Investors Media
Harris Locator harrisbank.com Print this page Welcome About the Merger About BMO About M&I Q&A
Customer Mailings Change in Terms FDIC Personal Banking Small Business Banking Commercial Banking
Contact Harris Mailings to Commercial Banking Customers A list of contacts to help you find what
youre looking for. Mailing Date Description Commercial Deposit Accounts Online Security April 29,
2011 Letter: Merger Announcement to Commercial Deposit Account Customers of Harris N.A. (PDF) Were
committed to protecting April 29, 2011 Insert: Important Notice and Change in Terms to the
Commercial Account Agreements and Global Treasury information about you. Management Services Master
Agreement Commercial Banking Accounts The Harris Bank N.A. April 29, 2011 Letter: Merger
Announcement to Commercial Banking Account Customers of The Harris Bank N.A. (PDF) April 29, 2011
Insert: Important Notice and Change in Terms to the Harris Handbook for Personal and Business
Deposit Accounts The Harris Bank N.A. April 03, 2011 (PDF) April 29, 2011 Insert: Important
Notice and Change in Terms to the Cash Management Services Master Agreement and the Global Treasury
Management Services Master Agreement Harris N.A. (PDF) Legal Cautionary Statement Regarding
Forward-Looking Information Additional Information for Shareholders Harris
®
is a trade name used by
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policies different from Harris. Links to other web sites do not imply the endorsement or approval
of such web sites. Please review the privacy and security policies of web sites reached through
links from Harris web sites.
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Change in Terms | Harris-M&I merger information Community Investors Media Harris Locator
harrisbank.com Print this page Welcome About the Merger About BMO About M&I Q&A Customer Mailings
Change in Terms FDIC Change in Terms Contact Harris At the effective time of the merger, certain
changes to the deposit and other agreements that you have with Harris will be A list of contacts to
help you find effective. Copies of the Changes in Terms are available here: what youre looking
for. Important Notice and Change in Terms to the Harris Handbook for Personal and Business Deposit
Accounts Harris N.A. April 03, 2011 (PDF) Online Security Important Notice and Change in Terms
to the Harris Handbook for Personal and Business Deposit Accounts Harris N.A. Sept 18, 2010
(PDF) Were committed to protecting Important Notice and Change in Terms to the Harris Handbook for
Personal and Business Deposit Accounts The Harris Bank information about you. N.A. April 03,
2011 (PDF) Important Notice and Change in Terms to the Master Agreement for Harris Health Savings
Account and Harris HSA MasterCard
®
Debit Card (PDF) Important Notice and Change in Terms to the
Commercial Account Agreements and Global Treasury Management Services Master Agreement Harris
N.A. April 03, 2011 (PDF) Important Notice and Change in Terms to the Cash Management Services
Master Agreement and the Global Treasury Management Services Master Agreement Harris N.A. April
03, 2011 (PDF) Important Notice and Change in Terms to the Cash Management Services Master
Agreement and the Global Treasury Management Services Master Agreement Harris N.A. Sept 18, 2010
(PDF) Important Notice and Change in Terms to the Cash Management Services Master Agreement and the
Global Treasury Management Services Master Agreement Harris N.A. (PDF) Legal Cautionary
Statement Regarding Forward-Looking Information Additional Information for Shareholders Harris
®
is a
trade name used by Harris N.A. and its affiliates. Member FDIC. Third party web sites may have
privacy and security policies different from Harris. Links to other web sites do not imply the
endorsement or approval of such web sites. Please review the privacy and security policies of web
sites reached through links from Harris web sites.
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FDIC Deposit Insurance | Harris-M&I merger information Community Investors Media Harris Locator
harrisbank.com Print this page Welcome About the Merger About BMO About M&I Q&A Customer Mailings
Change in Terms FDIC FDIC Deposit Insurance Contact Harris If you have a deposit account with M&I
Marshall and Ilsley Bank, M&I Bank FSB (together, M&I Banks) or The Harris Bank A list of
contacts to help you find N.A. (THBNA), you will receive a letter from M&I Banks or THBNA,
respectively, that explains important information about the what youre looking for. separate FDIC
deposit insurance that will be provided on those deposit accounts for at least a six-month period
of time after the merger of M&I Banks and THBNA into Harris N.A. Read more about FDIC insurance
online at www.FDIC.gov/deposit/deposits or call the FDIC at 1-877-ASK-FDIC (1-877-275-3342). Online
Security Were committed to protecting information about you. Legal Cautionary Statement Regarding
Forward-Looking Information Additional Information for Shareholders Harris
®
is a trade name used by
Harris N.A. and its affiliates. Member FDIC. Third party web sites may have privacy and security
policies different from Harris. Links to other web sites do not imply the endorsement or approval
of such web sites. Please review the privacy and security policies of web sites reached through
links from Harris web sites.
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carefully. By accessing this Website, (including, without limitation, websites of Harris N.A. and
its affiliates, which collectively are referred to in this document as Harris, with all such
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as the result of such communication. Please see our Security link for more information.
https://www4.harrisbank.com/PopUP+Content/Global+Popups/General+Harris/Legal[04/29/2011 7:36:01 AM]
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Harris Legal Submissions All information submitted to Harris via this Website shall be deemed and
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7,143,063; 6,795,812; and 6,324,524. As of 11.19.2010 Brokerage products offered through Harris
Investor Services, Inc. registered broker/dealer, member FINRA/SIPC, SEC-registered investment
adviser. Insurance and annuities offered through Harris Bancorp Insurance Services, Inc. Harris
Investor Service
s Inc. and Harris Bancorp Insurance Services, Inc. are affiliates of Harris N.A.
and its banking subsidiaries. Products offered are: NOT A DEPOSIT NOT INSURED BY THE FDIC OR ANY
OTHER FEDERAL GOVERNMENT AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE.
https://www4.harrisbank.com/PopUP+Content/Global+Popups/General+Harris/Legal[04/29/2011 7:36:01 AM]
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Cautionary Statement Regarding Forward-Looking Information | Harris-M&I merger information
Community Investors Media Harris Locator harrisbank.com Print this page Welcome About the Merger
About BMO About M&I Q&A Customer Mailings Change in Terms FDIC Cautionary Statement Regarding
Forward-Looking Information Contact Harris Certain statements in this communication are
forward-looking statements under the United States Private Securities Litigation A list of contacts
to help you find Reform Act of 1995 (and are made pursuant to the safe harbour provisions of such
Act) and applicable Canadian securities what youre looking for. legislation. These forward-looking
statements include, but are not limited to, statements with respect to the expected closing of the
proposed acquisition of M&I, plans for the acquired business and the financial impact of the
acquisition and are typically identified by words such as believe, expect, anticipate,
intend, estimate, plan, will, should, may, could and other similar expressions.
Online Security By their nature, forward-looking statements are based on various assumptions and
are subject to inherent risks and Were committed to protecting uncertainties. We caution readers
of this communication not to place undue reliance on our forward-looking statements as the
information about you. assumptions underlying such statements may not turn out to be correct and a
number of factors could cause actual future results, conditions, actions or events to differ
materially from the targets, expectations, estimates or intentions expressed in the forward-looking
statements. Such factors include, but are not limited to: the possibility that the proposed
transaction does not close when expected or at all because required regulatory, shareholder or
other approvals and other conditions to closing are not received or satisfied on a timely basis or
at all; the terms of the proposed transaction may need to be modified to satisfy such approvals or
conditions; the anticipated benefits from the proposed transaction such as it being accretive to
earnings, expanding our North American presence and cost savings and synergies are not realized in
the time frame anticipated or at all as a result of changes in general economic and market
conditions, interest and exchange rates, monetary policy, laws and regulations (including changes
to capital requirements) and their enforcement, and the degree of competition in the geographic and
business areas in which M&I operates; the ability to promptly and effectively integrate the
businesses of M&I and BMO; reputational risks and the reaction of M&Is customers to the
transaction; diversion of management time on merger-related issues; increased exposure to exchange
rate fluctuations; and those other factors set out on pages 29 and 30 of BMOs 2010 Annual Report.
A significant amount of M&Is business involves making loans or otherwise committing resources to
specific companies, industries or geographic areas. Unforeseen events affecting such borrowers,
industries or geographic areas could have a material adverse effect on the performance of our
integrated U.S. operations. Assumptions about the performance of the Canadian and U.S. economies as
well as overall market conditions and their combined effect on the banks business are material
factors we consider when determining our strategic priorities, objectives and expectations for our
business. In determining our expectations for economic growth, both broadly and in the financial
services sector, we primarily consider historical economic data provided by the Canadian and U.S.
governments and their agencies. BMO does not undertake to update any forward-looking statement,
whether written or oral, that may be made, from time to tim
e, by the organization or on its behalf,
except as required by law. Legal Cautionary Statement Regarding Forward-Looking Information
Additional Information for Shareholders Harris
®
is a trade name used by Harris N.A. and its
affiliates. Member FDIC. Third party web sites may have privacy and security policies different
from Harris. Links to other web sites do not imply the endorsement or approval of such web sites.
Please review the privacy and security policies of web sites reached through links from Harris web
sites. https://www4.harrisbank.com/vgn/bmoharris_welcome/cautionary-statement.html[04/29/2011
7:36:35 AM]
|
Information for Shareholders and Investors | Harris-M&I merger information Community Investors
Media Harris Locator harrisbank.com Print this page Welcome About the Merger About BMO About M&I
Q&A Customer Mailings Change in Terms FDIC Information for Shareholders and Investors Contact
Harris In connection with the proposed merger transaction, BMO has filed with the Securities and
Exchange Commission a A list of contacts to help you find Registration Statement on Form F-4 and a
definitive Proxy Statement/Prospectus, as well as other relevant documents what youre looking for.
concerning the proposed transaction. Shareholders are urged to read the Registration Statement and
the definitive Proxy Statement/Prospectus and any other relevant documents filed with the SEC, as
well as any amendments or supplements to those documents, because they will contain important
information. A free copy of the definitive Proxy Statement/Prospectus, as well as other filings
containing information about BMO and M&I, may be obtained at the SECs Internet site
(http://www.sec.gov). Online Security You can also obtain these documents, free of charge, from
BMO.coms Frequently Accessed Documents, from BMO Investor Were committed to protecting
Relations at investor.relations@bmo.com or (416) 867-6642, from MICorp.coms SEC Filings, or from
M&I at (414) 765-7814. information about you. BMO and M&I and certain of their directors and
executive officers may be deemed to be participants in the solicitation of proxies from the
shareholders of M&I in connection with the proposed merger. Information about the directors and
executive officers of BMO is set forth in the proxy statement for BMOs 2011 annual meeting of
shareholders, as filed with the SEC on Form 6-K on February 25, 2011. Information about the
directors and executive officers of M&I is set forth in the proxy statement for M&Is 2010 annual
meeting of shareholders, as filed with the SEC on a Schedule 14A on March 12, 2010. Additional
information regarding the interests of those participants and other persons who may be deemed
participants in the transaction may be obtained by reading the above-referenced definitive Proxy
Statement/Prospectus. Free copies of this document may be obtained as described in the preceding
paragraph. Legal Cautionary Statement Regarding Forward-Looking Information Additional Information
for Shareholders Harris
®
is a trade name used by Harris N.A. and its affiliates. Member FDIC. Third
party web sites may have privacy and security policies different from Harris. Links to other web
sites do not imply the endorsement or approval of such web sites. Please review the privacy and
security policies of web sites reached through links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharris_welcome/investors.html[04/29/2011 7:37:06 AM]
|
Information for Clients of Harris Investor Services | Harris-M&I merger information Community
Investors Media Harris Locator harrisbank.com Information for Wealth Management Clients Print this
page Welcome About the Merger About BMO About M&I Q&A Client Mailings Change in Terms Contact
Harris A list of contacts to help you find what youre looking for. Q&A Online Security Client Will
my fees or service Mailings charges change? Were committed to protecting information about you.
Q&A Have a question? Weve put together some Q&As to Client Mailings help you find the answers
youre looking for. Q&A for Harris Investor Services Clients Q&A for Harris Private Bank Clients
For clients of Harris myCFO, Harris SBSB, Stoker Ostler and Harris Bancorp Insurance Services Legal
Cautionary Statement Regarding Forward-Looking Information Additional Information for Shareholders
Harris Private Bank is a trade name used by various subsidiary financial service providers of
Harris Financial Corp. Services offered by Harris Private Bank are provided by Harris N.A., The
Harris Bank N.A. and their bank affiliates. Member FDIC. Not all products and services are
available in every state and/or location. Not all investments backed by U.S. Government and overall
an investor may lose money, including principal. You should consult with a Harris Private Bank
representative regarding this and other matters related to the strategy. Hence SOME INVESTMENTS
USED IN THE STRATEGY ARE NOT FDIC INSUREDMAY LOSE VALUECARRY NO BANK GUARANTEE Harris
®
is a
trade name used by various financial service subsidiaries of Harris Financial Corp. Banking
products are provided by Harris N.A., The Harris Bank N.A. and their bank affiliates. Securities,
investment advisory services and insurance products are offered through Harris Investor Services,
Inc. Member FINRA/SIPC. SEC-registered investment adviser. Insurance and annuities are offered
through Harris Bancorp Insurance Services Inc., and Harris Investor Services, Inc. Harris Bancorp
Insurance Services, Inc., Harris Investor Services, Inc., and Harris N.A. are affiliated companies.
Securities and insurance products offered are: NOT A DEPOSIT NOT INSURED BY THE FDIC OR ANY
FEDERAL GOVERNMENT AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE. Member FINRA / SIPC
Third party web sites may have privacy and security policies different from Harris. Links to other
web sites do not imply the endorsement or approval of such web sites. Please review the privacy and
security policies of web sites reached through links from Harris web sites.
|
Community | Harris-M&I merger information Community Investors Media Harris Locator harrisbank.com
Information for Wealth Management Clients Print this page Welcome About the Merger About BMO About
M&I Q&A Client Mailings Change in Terms An Ongoing Commitment to Our Communities Contact Harris
Harris, M&I and BMO Financial Group all share a long tradition of support for the communities we
serve through economic A list of contacts to help you find development programs, financial
contributions and the significant time and efforts volunteered by our staff. We will remain what
youre looking for. committed to the community, and through our involvement and investment well
continue to make our communities a better place. Click on the links below to learn more. Harris in
the Community Online Security BMO Corporate Responsibility Were committed to protecting
information about you. Legal Cautionary Statement Regarding Forward-Looking Information Additional
Information for Shareholders Harris Private Bank is a trade name used by various subsidiary
financial service providers of Harris Financial Corp. Services offered by Harris Private Bank are
provided by Harris N.A., The Harris Bank N.A. and their bank affiliates. Member FDIC. Not all
products and services are available in every state and/or location. Not all investments backed by
U.S. Government and overall an investor may lose money, including principal. You should consult
with a Harris Private Bank representative regarding this and other matters related to the strategy.
Hence SOME INVESTMENTS USED IN THE STRATEGY ARE NOT FDIC INSUREDMAY LOSE VALUECARRY NO BANK
GUARANTEE Harris
®
is a trade name used by various financial service subsidiaries of Harris
Financial Corp. Banking products are provided by Harris N.A., The Harris Bank N.A. and their bank
affiliates. Securities, investment advisory services and insurance products are offered through
Harris Investor Services, Inc. Member FINRA/SIPC. SEC-registered investment adviser. Insurance and
annuities are offered through Harris Bancorp Insurance Services Inc., and Harris Investor Services,
Inc. Harris Bancorp Insurance Services, Inc., Harris Investor Services, Inc., and Harris N.A. are
affiliated companies. Securities and insurance products offered are: NOT A DEPOSIT NOT INSURED
BY THE FDIC OR ANY FEDERAL GOVERNMENT AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE.
Member FINRA / SIPC Third party web sites may have privacy and security policies different from
Harris. Links to other web sites do not imply the endorsement or approval of such web sites. Please
review the privacy and security policies of web sites reached through links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/community.html[04/29/2011 7:42:47 AM]
|
Information for Shareholders and Investors | Harris-M&I merger information Community Investors
Media Harris Locator harrisbank.com Information for Wealth Management Clients Print this page
Welcome About the Merger About BMO About M&I Q&A Client Mailings Change in Terms Information for
Shareholders and Investors Contact Harris In connection with the proposed merger transaction, BMO
has filed with the Securities and Exchange Commission a A list of contacts to help you find
Registration Statement on Form F-4 and a definitive Proxy Statement/Prospectus, as well as other
relevant documents what youre looking for. concerning the proposed transaction. Shareholders are
urged to read the Registration Statement and the definitive Proxy Statement/Prospectus and any
other relevant documents filed with the SEC, as well as any amendments or supplements to those
documents, because they will contain important information. A free copy of the definitive Proxy
Statement/Prospectus, as well as other filings containing information about BMO and M&I, may be
obtained at the SECs Internet site (http://www.sec.gov). Online Security You can also obtain these
documents, free of charge, from BMO.coms Frequently Accessed Documents, from BMO Investor Were
committed to protecting Relations at investor.relations@bmo.com or (416) 867-6642, from
MICorp.coms SEC Filings, or from M&I at (414) 765-7814. information about you. BMO and M&I and
certain of their directors and executive officers may be deemed to be participants in the
solicitation of proxies from the shareholders of M&I in connection with the proposed merger.
Information about the directors and executive officers of BMO is set forth in the proxy statement
for BMOs 2011 annual meeting of shareholders, as filed with the SEC on Form 6-K on February 25,
2011. Information about the directors and executive officers of M&I is set forth in the proxy
statement for M&Is 2010 annual meeting of shareholders, as filed with the SEC on a Schedule 14A on
March 12, 2010. Additional information regarding the interests of those participants and other
persons who may be deemed participants in the transaction may be obtained by reading the
above-referenced definitive Proxy Statement/Prospectus. Free copies of this document may be
obtained as described in the preceding paragraph. Legal Cautionary Statement Regarding
Forward-Looking Information Additional Information for Shareholders Harris Private Bank is a trade
name used by various subsidiary financial service providers of Harris Financial Corp. Services
offered by Harris Private Bank are provided by Harris N.A., The Harris Bank N.A. and their bank
affiliates. Member FDIC. Not all products and services are available in every state and/or
location. Not all investments backed by U.S. Government and overall an investor may lose money,
including principal. You should consult with a Harris Private Bank representative regarding this
and other matters related to the strategy. Hence SOME INVESTMENTS USED IN THE STRATEGY ARE NOT
FDIC INSUREDMAY LOSE VALUECARRY NO BANK GUARANTEE Harris
®
is a trade name used by various
financial service subsidiaries of Harris Financial Corp. Banking products are provided by Harris
N.A., The Harris Bank N.A. and their bank affiliates. Securities, investment advisory services and
insurance products are offered through Harris Investor Services, Inc. Member FINRA/SIPC.
SEC-registered investment adviser. Insurance and annuities are offered through Harris Bancorp
Insurance Services Inc., and Harris Investor Services, Inc. Harris Bancorp Insurance Services,
Inc., Harris Investor Services, Inc., and Harris N.A. are affiliated companies. Securities and
insurance products offered are: NOT A DEPOSIT NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT
AGENCY
NOT GUARANTEED BY ANY BANK MAY LOSE VALUE. Member FINRA / SIPC Third party web sites
may have privacy and security policies different from Harris. Links to other web sites do not imply
the endorsement or approval of such web sites. Please review the privacy and security policies of
web sites reached through links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/investors.html[04/29/2011 7:43:12 AM]
|
Contact Harris | Harris-M&I merger information Community Investors Media Harris Locator
harrisbank.com Information for Wealth Management Clients Print this page Welcome About the Merger
About BMO About M&I Q&A Client Mailings Change in Terms Contact Harris Contact Harris If you have
questions regarding the pending acquisition, contact your Wealth Management Professional or stop by
your local A list of contacts to help you find office. what youre looking for. For email
inquiries, please send your message to marketing.integration@harrisbank.com. Harris Private Bank
Online Security Contact your Harris Private Bank Professional Were committed to protecting For
information on Private Bank Services: information about you. Call 1 (888) 340-2265 Mon Fri 7:00
a.m. 10:00 p.m. (CT); Sat Sun 8:00 a.m. 5:00 p.m. (CT). Harris Investor Services Contact
your Harris Investor Services Financial Professional. Or contact Harris Investor Services at 1
(877) 225-3863 Mon Fri (excluding holidays) from 8:00 a.m. to 5:00 p.m. (CT). Legal Cautionary
Statement Regarding Forward-Looking Information Additional Information for Shareholders Harris
Private Bank is a trade name used by various subsidiary financial service providers of Harris
Financial Corp. Services offered by Harris Private Bank are provided by Harris N.A., The Harris
Bank N.A. and their bank affiliates. Member FDIC. Not all products and services are available in
every state and/or location. Not all investments backed by U.S. Government and overall an investor
may lose money, including principal. You should consult with a Harris Private Bank representative
regarding this and other matters related to the strategy. Hence SOME INVESTMENTS USED IN THE
|
STRATEGY ARE NOT FDIC INSUREDMAY LOSE VALUECARRY NO BANK GUARANTEE Harris
®
is a trade name used
by various financial service subsidiaries of Harris Financial Corp. Banking products are provided
by Harris N.A., The Harris Bank N.A. and their bank affiliates. Securities, investment advisory
services and insurance products are offered through Harris Investor Services, Inc. Member
FINRA/SIPC. SEC-registered investment adviser. Insurance and annuities are offered through Harris
Bancorp Insurance Services Inc., and Harris Investor Services, Inc. Harris Bancorp Insurance
Services, Inc., Harris Investor Services, Inc., and Harris N.A. are affiliated companies.
Securities and insurance products offered are: NOT A DEPOSIT NOT INSURED BY THE FDIC OR ANY
FEDERAL GOVERNMENT AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE. Member FINRA / SIPC
Third party web sites may have privacy and security policies different from Harris. Links to other
web sites do not imply the endorsement or approval of such web sites. Please review the privacy and
security policies of web sites reached through links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/contact.html[04/29/2011 7:43:45 AM]
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Online Security Preventing Fraud Together | Harris-M&I merger information Community Investors
Media Harris Locator harrisbank.com Information for Wealth Management Clients Print this page
Welcome About the Merger About BMO About M&I Q&A Client Mailings Change in Terms Preventing Fraud
Together Contact Harris Protecting your information is a commitment we take very seriously and it
is something we all need to be especially vigilant A list of contacts to help you find about during
this time of transition. what youre looking for. When it comes to communicating sensitive
information to you, it is business as usual. That means that neither Harris nor BMO will solicit
confidential information from you via e-mail, text message or phone. If you receive a request of
this nature that appears to be from Harris or BMO, please notify us immediately by e-mailing
harris.phish@harrisbank.com Online Security Visit our online security center to learn more. Were
committed to protecting information about you. To help prevent fraud we are providing you with a
complete online listing of all our recent mailings to clients regarding the transition. If you
receive a mailing that seems to be from Harris or BMO and you want to confirm that it is valid,
check these lists at the links below. If you dont find it here, notify us immediately by phone at
1-888-340-2265. We will update the lists as new mailings are sent. Mailings to Harris Investor
Services Clients Mailings to Harris Private Banking Clients Legal Cautionary Statement Regarding
Forward-Looking Information Additional Information for Shareholders Harris Private Bank is a trade
name used by various subsidiary financial service providers of Harris Financial Corp. Services
offered by Harris Private Bank are provided by Harris N.A., The Harris Bank N.A. and their bank
affiliates. Member FDIC. Not all products and services are available in every state and/or
location. Not all investments backed by U.S. Government and overall an investor may lose money,
including principal. You should consult with a Harris Private Bank representative regarding this
and other matters related to the strategy. Hence SOME INVESTMENTS USED IN THE STRATEGY ARE NOT
FDIC INSUREDMAY LOSE VALUECARRY NO BANK GUARANTEE Harris
®
is a trade name used by various
financial service subsidiaries of Harris Financial Corp. Banking products are provided by Harris
N.A., The Harris Bank N.A. and their bank affiliates. Securities, investment advisory services and
insurance products are offered through Harris Investor Services, Inc. Member FINRA/SIPC.
SEC-registered investment adviser. Insurance and annuities are offered through Harris Bancorp
Insurance Services Inc., and Harris Investor Services, Inc. Harris Bancorp Insurance Services,
Inc., Harris Investor Services, Inc., and Harris N.A. are affiliated companies. Securities and
insurance products offered are: NOT A DEPOSIT NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT
AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE. Member FINRA / SIPC Third party web sites
may have privacy and security policies different from Harris. Links to other web sites do not imply
the endorsement or approval of such web sites. Please review the privacy and security policies of
web sites reached through links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/security.html[04/29/2011 7:44:10 AM]
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About the Merger | Harris-M&I merger information Community Investors Media Harris Locator
harrisbank.com Information for Wealth Management Clients Print this page Welcome About the Merger
About BMO About M&I Q&A Client Mailings Change in Terms Harris and M&I are Planning to Come
Together Contact Harris On December 17, 2010, BMO Financial Group1, the parent company of Harris
Financial Corp., (Harris) announced a definitive A list of contacts to help you find agreement to
acquire Marshall & Ilsley Corporation (M&I). what youre looking for. We expect the closing to be
completed on or before July 31, 2011. At that time, we will post a notice on harrisbank.com, place
a sign in our branches or publish a notice in newspapers to let you know of the change. Online
Security The combined bank will have operations headquartered in the Midwest, providing significant
benefits for the customers, communities and businesses we serve. The new legal name of the bank
will be BMO Harris Bank National Were committed to protecting Association2. Following the merger,
you will begin to see the name BMO Harris Bank N.A. on your Harris correspondence information about
you. and statements. In the coming months, its business as usual. You will continue to interact
with Harris as you do today through your current advisors, at our ATMs, online where applicable
and by telephone. You will continue to use the same accounts and have access to the same services
you do today. What You Can Expect When We Combine A smooth transition: Expect the best possible
client experience, as always. Well keep you informed of any changes along the way, including new
services and benefits. If you have bank accounts with Harris, you will soon have convenient access
to an expanded network of over 1,380 ATMs. Youll be able to withdraw cash and check your balances
at M&I ATMs without incurring a Non-Harris ATM Transaction fee or an ATM surcharge fee. Youll find
M&I ATMs in Florida, Arizona, Indiana, Kansas, Minnesota, Missouri, Nevada, Illinois and throughout
Wisconsin. The best of both organizations: We will provide the best of Harris, M&I and BMO
Financial Group from expert wealth management, to business and commercial banking, to the best
online services and more. Together, we have a true commitment to serve your financial needs better
than anyone else. 1. Bank of Montreal and its affiliates are known as BMO Financial Group. 2. At
the time Bank of Montreal acquires Marshall & Ilsley Corporation, certain bank mergers are expected
to occur. M&I Marshall & Ilsley Bank, M&I Bank N.A. (successor to M&I Bank FSB), and The Harris
Bank N.A. plan to merge into Harris N.A. At the time of these mergers, Harris National Association
will change its name to BMO Harris Bank National Association. Legal Cautionary Statement Regarding
Forward-Looking Information Additional Information for Shareholders Harris Private Bank is a trade
name used by various subsidiary financial service providers of Harris Financial Corp. Services
offered by Harris Private Bank are provided by Harris N.A., The Harris Bank N.A. and their bank
affiliates. Member FDIC. Not all products and services are available in every state and/or
location. Not all investments backed by U.S. Government and overall an investor may lose money,
including principal. You should consult with a Harris Private Bank representative regarding this
and other matters related to the strategy. Hence SOME INVESTMENTS USED IN THE STRATEGY ARE NOT
FDIC INSUREDMAY LOSE VALUECARRY NO BANK GUARANTEE Harris
®
is a trade name used by various
financial service subsidiaries of Harris Financial Corp. Banking products are provided by Harris
N.A., The Harris Bank N.A. and their bank affiliates. Securities, investment advisory services and
insurance products are offered through Harris Investor Services, Inc.
Member FINRA/SIPC.
SEC-registered investment adviser. Insurance and annuities are offered through Harris Bancorp
Insurance Services Inc., and Harris Investor Services, Inc. Harris Bancorp Insurance Services,
Inc., Harris Investor Services, Inc., and Harris N.A. are affiliated companies. Securities and
insurance products offered are: NOT A DEPOSIT NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT
AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE. Member FINRA / SIPC Third party web sites
may have privacy and security policies different from Harris. Links to other web sites do not imply
the endorsement or approval of such web sites. Please review the privacy and security policies of
web sites reached through links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/about-merger.html[04/29/2011 7:44:30 AM]
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About BMO Financial Group | Harris-M&I merger information Community Investors Media Harris Locator
harrisbank.com Information for Wealth Management Clients Print this page Welcome About the Merger
About BMO About M&I Q&A Client Mailings Change in Terms About BMO Financial Group Contact Harris
Established in 1817, BMO Financial Group is a highly diversified North American financial services
provider. With total assets of A list of contacts to help you find $412 billion and 38,000
employees, BMO provides a broad range of retail banking, wealth management and investment banking
what youre looking for. products and services. We serve more than seven million customers across
Canada through our Canadian retail arm, BMO Bank of Montreal. We also serve customers through our
wealth management businesses, BMO Nesbitt Burns, BMO InvestorLine, BMO Insurance and BMO Harris
Private Banking. Online Security BMO Capital Markets, our North American investment and corporate
banking division, provides a full suite of financial products and services to our North American
and international clients. In the United States, BMO serves customers through Chicago- Were
committed to protecting based Harris, an integrated financial services organization with almost 1.3
million retail, small business and commercial information about you. customers. BMO Financial Group
comprises three operating groups: Personal and Commercial Banking, Private Client Group and BMO
Capital Markets. Learn more about BMO Financial Group in the About Us section of bmo.com. Legal
Cautionary Statement Regarding Forward-Looking Information Additional Information for Shareholders
Harris Private Bank is a trade name used by various subsidiary financial service providers of
Harris Financial Corp. Services offered by Harris Private Bank are provided by Harris N.A., The
Harris Bank N.A. and their bank affiliates. Member FDIC. Not all products and services are
available in every state and/or location. Not all investments backed by U.S. Government and overall
an investor may lose money, including principal. You should consult with a Harris Private Bank
representative regarding this and other matters related to the strategy. Hence SOME INVESTMENTS
USED IN THE STRATEGY ARE NOT FDIC INSUREDMAY LOSE VALUECARRY NO BANK GUARANTEE Harris
®
is a
trade name used by various financial service subsidiaries of Harris Financial Corp. Banking
products are provided by Harris N.A., The Harris Bank N.A. and their bank affiliates. Securities,
investment advisory services and insurance products are offered through Harris Investor Services,
Inc. Member FINRA/SIPC. SEC-registered investment adviser. Insurance and annuities are offered
through Harris Bancorp Insurance Services Inc., and Harris Investor Services, Inc. Harris Bancorp
Insurance Services, Inc., Harris Investor Services, Inc., and Harris N.A. are affiliated companies.
Securities and insurance products offered are: NOT A DEPOSIT NOT INSURED BY THE FDIC OR ANY
FEDERAL GOVERNMENT AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE. Member FINRA / SIPC
Third party web sites may have privacy and security policies different from Harris. Links to other
web sites do not imply the endorsement or approval of such web sites. Please review the privacy and
security policies of web sites reached through links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/about-bmo.html[04/29/2011 7:44:53 AM]
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About M&I | Harris-M&I merger information Community Investors Media Harris Locator harrisbank.com
Information for Wealth Management Clients Print this page Welcome About the Merger About BMO About
M&I Q&A Client Mailings Change in Terms About M&I Contact Harris Founded in 1847, M&I (Marshall &
Ilsley) is the largest Wisconsin-based bank, with 188 offices throughout the state, and a total A
list of contacts to help you find of 182 more in Arizona, Florida, Illinois, Indiana, Kansas,
Minnesota, Missouri and Nevada. The company is recognized for its what youre looking for.
commitment to its customers and communities, and for its excellence in consumer and business
banking, wealth management, and partnering with clients to meet their financial needs. Online
Security Were committed to protecting information about you. Legal Cautionary Statement Regarding
Forward-Looking Information Additional Information for Shareholders Harris Private Bank is a trade
name used by various subsidiary financial service providers of Harris Financial Corp. Services
offered by Harris Private Bank are provided by Harris N.A., The Harris Bank N.A. and their bank
affiliates. Member FDIC. Not all products and services are available in every state and/or
location. Not all investments backed by U.S. Government and overall an investor may lose money,
including principal. You should consult with a Harris Private Bank representative regarding this
and other matters related to the strategy. Hence SOME INVESTMENTS USED IN THE STRATEGY ARE NOT
FDIC INSUREDMAY LOSE VALUECARRY NO BANK GUARANTEE Harris
®
is a trade name used by various
financial service subsidiaries of Harris Financial Corp. Banking products are provided by Harris
N.A., The Harris Bank N.A. and their bank affiliates. Securities, investment advisory services and
insurance products are offered through Harris Investor Services, Inc. Member FINRA/SIPC.
SEC-registered investment adviser. Insurance and annuities are offered through Harris Bancorp
Insurance Services Inc., and Harris Investor Services, Inc. Harris Bancorp Insurance Services,
Inc., Harris Investor Services, Inc., and Harris N.A. are affiliated companies. Securities and
insurance products offered are: NOT A DEPOSIT NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT
AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE. Member FINRA / SIPC Third party web sites
may have privacy and security policies different from Harris. Links to other web sites do not imply
the endorsement or approval of such web sites. Please review the privacy and security policies of
web sites reached through links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/about-mi.html[04/29/2011 7:45:10 AM]
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Q&A for Harris Investor Services Clients | Harris-M&I merger information Community Investors Media
Harris Locator harrisbank.com Information for Wealth Management Clients Print this page Welcome
About the Merger About BMO About M&I Q&A Client Mailings Change in Terms Harris Investor Services
Harris Private Bank Contact Harris Q&A for Harris Investor Services Clients A list of contacts to
help you find what youre looking for. We know you have questions. Youll find many of the answers
here. If you need additional information, contact us. Q: Will my financial advisor or other
contacts change? Online Security A: No. Please continue to visit our locations and work with our
professionals as you do today. Were committed to protecting Q: What is changing? Who is BMO Harris
Bank N.A.? information about you. A: On Friday, December 17, 2010 BMO Financial Group* announced a
definitive agreement to acquire Marshall & Ilsley Corporation (M&I). As part of this transaction,
M&I Marshall & Ilsley Bank, M&I Bank FSB, and The Harris Bank N.A. will be merged with and into
Harris N.A as the surviving bank. The name of Harris N.A. will change to BMO Harris Bank N.A. at
that time. Harris N.A. is a subsidiary of BMO Financial Group. The transaction is subject to
customary closing conditions, including regulatory approval and M&I shareholder approval. Q: When
will these changes take place? A: After the transaction closes, the bank will be headquartered in
the Midwest, providing significant benefits for our customers and the communities that we serve. We
anticipate the closing to be completed prior to July 31, 2011. We will let you know when the
transaction has closed by posting a notice on our website, harrisbank.com, placing a sign in our
branches, or publishing a notice in newspapers. After the transaction closes, you will continue to
see our existing brand names and logos Harris and M&I until we have integrated operations and
systems. You will, however, begin to see the BMO Harris Bank N.A. legal name on your statements,
bank forms and correspondence, as well as on our branch doors. Q: Who is BMO Financial Group?
A:Established in 1817, BMO Financial Group is a highly diversified North American financial
services provider. With total assets of $412 billion and 38,000 employees, BMO provides a broad
range of retail banking, wealth management and investment banking products and services. We serve
more than seven million customers across Canada through our Canadian retail arm, BMO Bank of
Montreal. We also serve customers through our wealth management businesses, BMO Nesbitt Burns, BMO
InvestorLine, BMO Insurance and BMO Harris Private Banking. BMO Capital Markets, our North American
investment and corporate banking division, provides a full suite of financial products and services
to our North American and international clients. In the United States, BMO serves customers through
Chicago-based Harris, an integrated financial services organization with almost 1.3 million retail,
small business and commercial customers. BMO Financial Group comprises three operating groups:
Personal and Commercial Banking, Private Client Group and BMO Capital Markets. You can find
additional information about BMO on bmo.com. Q: Who is M&I Marshall & Ilsley Corporation? A:
Founded in 1847, M&I (Marshall & Ilsley) is the largest Wisconsin-based banking organization, with
188 offices throughout the state, and a total of 182 more in Arizona, Florida, Illinois, Indiana,
Kansas, Minnesota, Missouri and Nevada. The company is recognized for its commitment to its
customers and communities and for its excellence in consumer and business banking, wealth
management, and partnering with clients to meet their financial needs. Q: Why did you send me this
letter? A: Harris is sending a letter regarding the planned M&I acquisition to our
Personal,
Business and Commercial deposit account customers, Health Savings Account customers, and Harris
Private Bank deposit account customers. The letter includes an Important Notice and Change in Terms
(CIT) to their deposit agreements and notice of the change of Harris N.A.s name to BMO Harris Bank
N.A., all of which will be effective at the time of the merger. Harris Investor Services clients
and Harris
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Q&A for Harris Investor Services Clients | Harris-M&I merger information Private Bank trust and
investment clients will also receive a notice of the merger and name change. Q: I received more
than one letter. Why? A :We tried to reduce the number of mailings sent to our customers as much as
possible; however, we could not completely minimize them where customers have multiple product and
service relationships. If you are a customer of both Harris and M&I, you will receive a mailing
from both banks. Q: What does this mean for me today? A: You can expect it to be business-as-usual
in the coming months. Continue to bank with us as you do today at your current branches and
ATMs, online and by telephone. You can use the same account numbers, checks, bank cards and
services you use today. Q: What do I need to do? A: You do not need to do anything at this point.
It is business-as-usual. Q: When will I begin to see the new BMO Harris Bank brand name and new
logo? A: After the transaction closes, you will continue to see our existing brand names and logos
Harris and M&I until we have integrated operations and systems. You will, however, begin to
see the BMO Harris Bank N.A. legal name on your statements, bank forms and correspondence, as well
as on our branch doors. Q: What does this mean for the banks community support? A: Harris, M&I and
BMO Financial Group share a long tradition of support for the communities they serve through
economic development programs, financial contributions and the significant time and efforts
volunteered by staff. We remain committed to the community, and through our involvement and
investment well continue to make our communities a better place. Q: Who can I contact with
questions? A: You can continue to speak with your branch contacts, your relationship manager or
visit our integration site at harrisbank.com/bmoharris. You can also contact us at: Harris Call
Centre: 1-888-340-2265 General Banking Q: Can I continue to bank at the same branches and ATMs? A:
Continue to bank just as you do today at your current branches with the same friendly faces,
ATMs, by telephone and online. Q: As a Harris customer, can I use M&I ATMs? A: You should continue
to bank where and how you do today in your local branch, over the telephone and online. After
the transaction closes, in addition to Harris ATMs, youll be able to withdraw cash, make deposits
(at ATMs that accept deposits), and check your balances without incurring a Non-Harris ATM
Transaction fee or an ATM surcharge fee at 480 ATMs with the M&I logo including M&I ATMs located in
Arizona, Florida, Indiana, Kansas, Minnesota, Missouri, and throughout Wisconsin. Q: Can I continue
to bank at the same location and with the same banker/relationship manager? A: Yes. Please continue
to bank as you do today in your current branch and with the banking professionals you work with
currently. Q: Will my bank account number(s) stay the same? A: Account numbers will not change at
the closing of the acquisition. If and when changes are made that affect your account numbers, we
will communicate that to you in advance. Q: Will the Routing Number stay the same? A: Yes. At this
time, the Routing Number we use, which appears on checks, will stay the same. When operations are
combined, we will notify you in advance of any changes to your accounts. Q: Can I continue to use
my checks? A: Yes. Continue to use your existing supply of checks. If you re-order checks, the bank
name will change to BMO Harris Bank N.A., the new legal name. If your check supply is running low,
please contact your banker. Q: Will my direct deposits and automatic payments continue? A: Yes.
Your account and specific direct deposits and automatic payments will be processed as they are
today. If and when changes are made, we will communicate that to you in advance. Q: Will my fees or
service charges change?
A: It is business-as-usual, which means no changes to fees and service
charges, at this time. If and when changes are made that affect fees or service charges, we will
communicate that to you in advance.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/qa-investor-services.html[04/29/2011
7:45:37 AM]
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Q&A for Harris Investor Services Clients | Harris-M&I merger information Q: When will the
integration of operations and systems occur? A: Although we dont have a specific date, we are
committed to keeping you informed along the way. Our commitment is to deliver a seamless transition
for you. Q: What new services will the combined bank offer me/my company? A: As part of the BMO
Financial Group, customers already have access to a remarkably broad range of expertise in
financial services. After the combination of Harris and M&I into one organization, you will enjoy
the benefit of a more expansive geographic footprint and the full breadth of services spanning from
east to west. Online Banking Q: How will my online products and services be impacted? Will my
day-to-day activities be interrupted? A: Please continue to use our online products and services as
you do today. Your online credentials will remain the same and you can continue to access our
systems as you do today. All scheduled activities, bill payments and scheduled transfers will
continue as you have them scheduled today, until further notice. Should there become a need to make
changes to our online products and services; we will notify you in advance of any changes. Please
note that we will NEVER solicit confidential information from you via e-mail or text message.
Should you receive a request of this nature that appears to be from Harris, please notify us
immediately by e-mailing harris.phish@harrisbank.com. Q: Will my online products and services look
and operate the same? A: Yes, our online products and services will look and operate the same after
the transaction closes. The new legal name, BMO Harris Bank N.A., will appear on Harris websites
once the acquisition closes. We will be introducing the new brand name and logo over the next year.
In the meantime, you will continue to see the familiar Harris name on our online offerings until
our systems are integrated. Safe Deposit Boxes Q: Will my safe deposit box be changing? A: No. At
this time, there will be no changes to safe deposit boxes other than as previously announced. FDIC
Insurance Q: What happens to my insurance coverage if I have deposits at insured banks that merge?
How do I verify my FDIC insurance coverage? A: When two or more insured banks merge, deposits from
the assumed bank are separately insured from deposits at the assuming bank for at least six months
after the merger. This grace period gives a depositor the opportunity to restructure his or her
account, if necessary. Certificates of Deposit (CDs) from the assumed bank are separately insured
until the earliest maturity date after the end of the six-month grace period. CDs that mature
during the six-month period and are renewed for the same term and in the same dollar amount (either
with or without accrued interest) continue to be separately insured until the first maturity date
after the six-month period. If a CD matures during the six-month grace period and is renewed on any
other basis, it would be separately insured only until the end of the six-month grace period. The
FDIC has helpful tools to assist you in determining your FDIC insurance coverage. Please visit
http://www.fdic.gov/deposit/deposits/index.html or call 1-877-ASK-FDIC (1-877-275-3342) or
1-800-925-4618 (hearing impaired line) for more information. Commercial Banking &Treasury
Management Services Q: What changes are happening for my Commercial accounts? A: Harris is sending
a letter regarding the M&I acquisition to our Commercial deposit account customers which includes
an Important Notice and Change in Terms (CIT) to their deposit and cash management agreements and
notice of the change of Harris N.A.s name to BMO Harris Bank N.A., all of which will be effective
immediately after the merger. Q: Is anything changing about my account numbers, products or fees?
A: Account numbers, products and fees will not change when th
e transaction closes. If and when
changes are made that affect your account numbers, products, or fees, we will communicate that to
you in advance. Loans/Line of Credit/Mortgages Q: Will there be any changes to my loan or line of
credit? A: No. The same terms and conditions as governed by the signed loan documents that apply to
your credit facility today will remain through maturity, regardless of the merger. Continue to use
your existing coupons to make your loan payments. Q: Will mortgage statements change?
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/qa-investor-services.html[04/29/2011
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Q&A for Harris Investor Services Clients | Harris-M&I merger information A: Only the bank name will
change on mortgage statements. Customers may continue to use the same payment address and account
number for mortgage loan payments. Q: May I continue to use my line of credit advance checks? A:
Yes. Continue to use your existing supply of checks. If you re-order checks, the bank name will
change to BMO Harris Bank N.A., which is the new legal name. If your check supply is running low,
please contact your banker. Q: May I continue to use my loan coupon book? A: Yes, existing loan
coupons may be used and there is no change to the mailing address or account number. Credit Cards,
Debit Cards and Payroll Cards Q: Can I continue to use my existing credit cards, debit cards and
payroll cards? A: Yes. Please continue to use your credit cards, debit cards(s) and payroll cards
as before. Q: What happens to my Harris Everyday Benefits points? A: There will be no changes to
your points at this time. Q:Will I receive a new Corporate Credit Card? A: No. You can continue to
use your current Corporate Credit Card. *Bank of Montreal and its affiliates are known as BMO
Financial Group. Cautionary Statement Regarding Forward-Looking Information Certain statements in
this communication are forward-looking statements under the United States Private Securities
Litigation Reform Act of 1995 (and are made pursuant to the safe harbour provisions of such Act)
and applicable Canadian securities legislation. These forward-looking statements include, but are
not limited to, statements with respect to the expected closing of the proposed acquisition of M&I,
plans for the acquired business and the financial impact of the acquisition and are typically
identified by words such as believe, expect, anticipate, intend, estimate, plan,
will, should, may, could and other similar expressions. By their nature, forward-looking
statements are based on various assumptions and are subject to inherent risks and uncertainties. We
caution readers of this communication not to place undue reliance on our forward-looking statements
as the assumptions underlying such statements may not turn out to be correct and a number of
factors could cause actual future results, conditions, actions or events to differ materially from
the targets, expectations, estimates or intentions expressed in the forward-looking statements.
Such factors include, but are not limited to: the possibility that the proposed transaction does
not close when expected or at all because required regulatory, shareholder or other approvals and
other conditions to closing are not received or satisfied on a timely basis or at all; the terms of
the proposed transaction may need to be modified to satisfy such approvals or conditions; the
anticipated benefits from the proposed transaction such as it being accretive to earnings,
expanding our North American presence and cost savings and synergies are not realized in the time
frame anticipated or at all as a result of changes in general economic and market conditions,
interest and exchange rates, monetary policy, laws and regulations (including changes to capital
requirements) and their enforcement, and the degree of competition in the geographic and business
areas in which M&I operates; the ability to promptly and effectively integrate the businesses of
M&I and BMO; reputational risks and the reaction of M&Is customers to the transaction; diversion
of management time on merger-related issues; increased exposure to exchange rate fluctuations; and
those other factors set out on pages 29 and 30 of BMOs 2010 Annual Report. A significant amount of
M&Is business involves making loans or otherwise committing resources to specific companies,
industries or geographic areas. Unforese
en events affecting such borrowers, industries or
geographic areas could have a material adverse effect on the performance of our integrated U.S.
operations. Assumptions about the performance of the Canadian and U.S. economies as well as overall
market conditions and their combined effect on the banks business are material factors we consider
when determining our strategic priorities, objectives and expectations for our business. In
determining our expectations for economic growth, both broadly and in the financial services
sector, we primarily consider historical economic data provided by the Canadian and U.S.
governments and their agencies. BMO does not undertake to update any forward-looking statement,
whether written or oral, that may be made, from time to time, by the organization or on its behalf,
except as required by law. Additional Information for Shareholders In connection with the proposed
merger transaction, BMO has filed with the Securities and Exchange Commission a Registration
Statement on Form F-4 and a definitive Proxy Statement/Prospectus, as well as other relevant
documents concerning the proposed transaction. Shareholders are urged to read the Registration
Statement and the definitive Proxy Statement/Prospectus and any other relevant documents filed with
the SEC, as well as any amendments or supplements to those documents, because they will contain
important
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/qa-investor-services.html[04/29/2011
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Q&A for Harris Investor Services Clients | Harris-M&I merger information information. A free copy
of the definitive Proxy Statement/Prospectus, as well as other filings containing information about
BMO and M&I, may be obtained at the SECs Internet site (http://www.sec.gov). You can also obtain
these documents, free of charge, from BMO at www.BMO.com under the tab About BMO Investor
Relations and then under the heading Frequently Accessed Documents, from BMO Investor Relations
at investor.relations@bmo.com or (416) 867-6642, from M&I by accessing M&Is website at
www.MICorp.com under the tab Investor Relations and then under the heading SEC Filings, or from
M&I at (414) 765-7814. BMO and M&I and certain of their directors and executive officers may be
deemed to be participants in the solicitation of proxies from the shareholders of M&I in connection
with the proposed merger. Information about the directors and executive officers of BMO is set
forth in the proxy statement for BMOs 2011 annual meeting of shareholders, as filed with the SEC
on Form 6-K on February 25, 2011. Information about the directors and executive officers of M&I is
set forth in the proxy statement for M&Is 2010 annual meeting of shareholders, as filed with the
SEC on a Schedule 14A on March 12, 2010. Additional information regarding the interests of those
participants and other persons who may be deemed participants in the transaction may be obtained by
reading the above-referenced definitive Proxy Statement/Prospectus. Free copies of this document
may be obtained as described in the preceding paragraph. Legal Cautionary Statement Regarding
Forward-Looking Information Additional Information for Shareholders Harris Private Bank is a trade
name used by various subsidiary financial service providers of Harris Financial Corp. Services
offered by Harris Private Bank are provided by Harris N.A., The Harris Bank N.A. and their bank
affiliates. Member FDIC. Not all products and services are available in every state and/or
location. Not all investments backed by U.S. Government and overall an investor may lose money,
including principal. You should consult with a Harris Private Bank representative regarding this
and other matters related to the strategy. Hence SOME INVESTMENTS USED IN THE STRATEGY ARE NOT
FDIC INSUREDMAY LOSE VALUECARRY NO BANK GUARANTEE Harris
®
is a trade name used by various
financial service subsidiaries of Harris Financial Corp. Banking products are provided by Harris
N.A., The Harris Bank N.A. and their bank affiliates. Securities, investment advisory services and
insurance products are offered through Harris Investor Services, Inc. Member FINRA/SIPC.
SEC-registered investment adviser. Insurance and annuities are offered through Harris Bancorp
Insurance Services Inc., and Harris Investor Services, Inc. Harris Bancorp Insurance Services,
Inc., Harris Investor Services, Inc., and Harris N.A. are affiliated companies. Securities and
insurance products offered are: NOT A DEPOSIT NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT
AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE. Member FINRA / SIPC Third party web sites
may have privacy and security policies different from Harris. Links to other web sites do not imply
the endorsement or approval of such web sites. Please review the privacy and security policies of
web sites reached through links from Harris web sites.
|
Q&A for Harris Private Bank Clients | Harris-M&I merger information Community Investors Media
Harris Locator harrisbank.com Information for Wealth Management Clients Print this page Welcome
About the Merger About BMO About M&I Q&A Client Mailings Change in Terms Harris Investor Services
Harris Private Bank Contact Harris Q&A for Harris Private Bank Clients A list of contacts to help
you find what youre looking for. We know you have questions. Youll find many of the answers here.
If you need additional information, contact us. Q: Will my private banker or other contacts change?
Online Security A: No. Please continue to visit our locations and work with our wealth
professionals as you do today. Were committed to protecting Q: What is changing? Who is BMO Harris
Bank N.A.? information about you. A: On Friday, December 17, 2010 BMO Financial Group* announced a
definitive agreement to acquire Marshall & Ilsley Corporation (M&I). As part of this transaction,
M&I Marshall & Ilsley Bank, M&I Bank FSB, and The Harris Bank N.A. will be merged with and into
Harris N.A as the surviving bank. The name of Harris N.A. will change to BMO Harris Bank N.A. at
that time. Harris N.A. is a subsidiary of BMO Financial Group. The transaction is subject to
customary closing conditions, including regulatory approval and M&I shareholder approval. Q: When
will these changes take place? A: After the transaction closes, the bank will be headquartered in
the Midwest, providing significant benefits for our customers and the communities that we serve. We
anticipate the closing to be completed prior to July 31, 2011. We will let you know when the
transaction has closed by posting a notice on our website, harrisbank.com, placing a sign in our
branches, or publishing a notice in newspapers. After the transaction closes, you will continue to
see our existing brand names and logos Harris and M&I until we have integrated operations and
systems. You will, however, begin to see the BMO Harris Bank N.A. legal name on your statements,
bank forms and correspondence, as well as on our branch doors. Q: Who is BMO Financial Group?
A:Established in 1817, BMO Financial Group is a highly diversified North American financial
services provider. With total assets of $412 billion and 38,000 employees, BMO provides a broad
range of retail banking, wealth management and investment banking products and services. We serve
more than seven million customers across Canada through our Canadian retail arm, BMO Bank of
Montreal. We also serve customers through our wealth management businesses, BMO Nesbitt Burns, BMO
InvestorLine, BMO Insurance and BMO Harris Private Banking. BMO Capital Markets, our North American
investment and corporate banking division, provides a full suite of financial products and services
to our North American and international clients. In the United States, BMO serves customers through
Chicago-based Harris, an integrated financial services organization with almost 1.3 million retail,
small business and commercial customers. BMO Financial Group comprises three operating groups:
Personal and Commercial Banking, Private Client Group and BMO Capital Markets. You can find
additional information about BMO on bmo.com. Q: Who is M&I Marshall & Ilsley Corporation? A:
Founded in 1847, M&I (Marshall & Ilsley) is the largest Wisconsin-based banking organization, with
188 offices throughout the state, and a total of 182 more in Arizona, Florida, Illinois, Indiana,
Kansas, Minnesota, Missouri and Nevada. The company is recognized for its commitment to its
customers and communities and for its excellence in consumer and business banking, wealth
management, and partnering with clients to meet their financial needs. Q: Why did you send me this
letter? A: Harris is sending a letter regarding the planned M&I acquisition to our Perso
nal,
Business and Commercial deposit account customers, Health Savings Account customers, and Harris
Private Bank deposit account customers. The letter includes an Important Notice and Change in Terms
(CIT) to their deposit agreements and notice of the change of Harris N.A.s name to BMO Harris Bank
N.A., all of which will be effective at the time of the merger. Harris Investor Services clients
and Harris https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/qa-private-bank.html[04/29/2011
7:46:04 AM]
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Q&A for Harris Private Bank Clients | Harris-M&I merger information Private Bank trust and
investment clients will also receive a notice of the merger and name change. Q: I received more
than one letter. Why? A :We tried to reduce the number of mailings sent to our customers as much as
possible; however, we could not completely minimize them where customers have multiple product and
service relationships. If you are a customer of both Harris and M&I, you will receive a mailing
from both banks. Q: What does this mean for me today? A: You can expect it to be business-as-usual
in the coming months. Continue to bank with us as you do today at your current branches and
ATMs, online and by telephone. You can use the same account numbers, checks, bank cards and
services you use today. Q: What do I need to do? A: You do not need to do anything at this point.
It is business-as-usual. Q: When will I begin to see the new BMO Harris Bank brand name and new
logo? A: After the transaction closes, you will continue to see our existing brand names and logos
Harris and M&I until we have integrated operations and systems. You will, however, begin to
see the BMO Harris Bank N.A. legal name on your statements, bank forms and correspondence, as well
as on our branch doors. Q: What does this mean for the banks community support? A: Harris, M&I and
BMO Financial Group share a long tradition of support for the communities they serve through
economic development programs, financial contributions and the significant time and efforts
volunteered by staff. We remain committed to the community, and through our involvement and
investment well continue to make our communities a better place. Q: Who can I contact with
questions? A: You can continue to speak with your branch contacts, your relationship manager or
visit our integration site at harrisbank.com/bmoharris. You can also contact us at: Harris Call
Centre: 1-888-340-2265 General Banking Q: Can I continue to bank at the same branches and ATMs? A:
Continue to bank just as you do today at your current branches with the same friendly faces,
ATMs, by telephone and online. Q: As a Harris customer, can I use M&I ATMs? A: You should continue
to bank where and how you do today in your local branch, over the telephone and online. After
the transaction closes, in addition to Harris ATMs, youll be able to withdraw cash, make deposits
(at ATMs that accept deposits), and check your balances without incurring a Non-Harris ATM
Transaction fee or an ATM surcharge fee at 480 ATMs with the M&I logo including M&I ATMs located in
Arizona, Florida, Indiana, Kansas, Minnesota, Missouri, and throughout Wisconsin. Q: Can I continue
to bank at the same location and with the same banker/relationship manager? A: Yes. Please continue
to bank as you do today in your current branch and with the banking professionals you work with
currently. Q: Will my bank account number(s) stay the same? A: Account numbers will not change at
the closing of the acquisition. If and when changes are made that affect your account numbers, we
will communicate that to you in advance. Q: Will the Routing Number stay the same? A: Yes. At this
time, the Routing Number we use, which appears on checks, will stay the same. When operations are
combined, we will notify you in advance of any changes to your accounts. Q: Can I continue to use
my checks? A: Yes. Continue to use your existing supply of checks. If you re-order checks, the bank
name will change to BMO Harris Bank N.A., the new legal name. If your check supply is running low,
please contact your banker. Q: Will my direct deposits and automatic payments continue? A: Yes.
Your account and specific direct deposits and automatic payments will be processed as they are
today. If and when changes are made, we will communicate that to you in advance. Q: Will my fees or
service charges change? A: It
is business-as-usual, which means no changes to fees and service
charges, at this time. If and when changes are made that affect fees or service charges, we will
communicate that to you in advance.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/qa-private-bank.html[04/29/2011 7:46:04 AM]
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Q&A for Harris Private Bank Clients | Harris-M&I merger information Q: When will the integration of
operations and systems occur? A: Although we dont have a specific date, we are committed to
keeping you informed along the way. Our commitment is to deliver a seamless transition for you. Q:
What new services will the combined bank offer me/my company? A: As part of the BMO Financial
Group, customers already have access to a remarkably broad range of expertise in financial
services. After the combination of Harris and M&I into one organization, you will enjoy the benefit
of a more expansive geographic footprint and the full breadth of services spanning from east to
west. Online Banking Q: How will my online products and services be impacted? Will my day-to-day
activities be interrupted? A: Please continue to use our online products and services as you do
today. Your online credentials will remain the same and you can continue to access our systems as
you do today. All scheduled activities, bill payments and scheduled transfers will continue as you
have them scheduled today, until further notice. Should there become a need to make changes to our
online products and services; we will notify you in advance of any changes. Please note that we
will NEVER solicit confidential information from you via e-mail or text message. Should you receive
a request of this nature that appears to be from Harris, please notify us immediately by e-mailing
harris.phish@harrisbank.com. Q: Will my online products and services look and operate the same? A:
Yes, our online products and services will look and operate the same after the transaction closes.
The new legal name, BMO Harris Bank N.A., will appear on Harris websites once the acquisition
closes. We will be introducing the new brand name and logo over the next year. In the meantime, you
will continue to see the familiar Harris name on our online offerings until our systems are
integrated. Safe Deposit Boxes Q: Will my safe deposit box be changing? A: No. At this time, there
will be no changes to safe deposit boxes other than as previously announced. FDIC Insurance Q: What
happens to my insurance coverage if I have deposits at insured banks that merge? How do I verify my
FDIC insurance coverage? A: When two or more insured banks merge, deposits from the assumed bank
are separately insured from deposits at the assuming bank for at least six months after the merger.
This grace period gives a depositor the opportunity to restructure his or her account, if
necessary. Certificates of Deposit (CDs) from the assumed bank are separately insured until the
earliest maturity date after the end of the six-month grace period. CDs that mature during the
six-month period and are renewed for the same term and in the same dollar amount (either with or
without accrued interest) continue to be separately insured until the first maturity date after the
six-month period. If a CD matures during the six-month grace period and is renewed on any other
basis, it would be separately insured only until the end of the six-month grace period. The FDIC
has helpful tools to assist you in determining your FDIC insurance coverage. Please visit
http://www.fdic.gov/deposit/deposits/index.html or call 1-877-ASK-FDIC (1-877-275-3342) or
1-800-925-4618 (hearing impaired line) for more information. Commercial Banking &Treasury
Management Services Q: What changes are happening for my Commercial accounts? A: Harris is sending
a letter regarding the M&I acquisition to our Commercial deposit account customers which includes
an Important Notice and Change in Terms (CIT) to their deposit and cash management agreements and
notice of the change of Harris N.A.s name to BMO Harris Bank N.A., all of which will be effective
immediately after the merger. Q: Is anything changing about my account numbers, products or fees?
A: Account numbers, products and fees will not change when the tra
nsaction closes. If and when
changes are made that affect your account numbers, products, or fees, we will communicate that to
you in advance. Loans/Line of Credit/Mortgages Q: Will there be any changes to my loan or line of
credit? A: No. The same terms and conditions as governed by the signed loan documents that apply to
your credit facility today will remain through maturity, regardless of the merger. Continue to use
your existing coupons to make your loan payments. Q: Will mortgage statements change?
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/qa-private-bank.html[04/29/2011 7:46:04 AM]
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Q&A for Harris Private Bank Clients | Harris-M&I merger information A: Only the bank name will
change on mortgage statements. Customers may continue to use the same payment address and account
number for mortgage loan payments. Q: May I continue to use my line of credit advance checks? A:
Yes. Continue to use your existing supply of checks. If you re-order checks, the bank name will
change to BMO Harris Bank N.A., which is the new legal name. If your check supply is running low,
please contact your banker. Q: May I continue to use my loan coupon book? A: Yes, existing loan
coupons may be used and there is no change to the mailing address or account number. Credit Cards,
Debit Cards and Payroll Cards Q: Can I continue to use my existing credit cards, debit cards and
payroll cards? A: Yes. Please continue to use your credit cards, debit cards(s) and payroll cards
as before. Q: What happens to my Harris Everyday Benefits points? A: There will be no changes to
your points at this time. Q:Will I receive a new Corporate Credit Card? A: No. You can continue to
use your current Corporate Credit Card. *Bank of Montreal and its affiliates are known as BMO
Financial Group. Cautionary Statement Regarding Forward-Looking Information Certain statements in
this communication are forward-looking statements under the United States Private Securities
Litigation Reform Act of 1995 (and are made pursuant to the safe harbour provisions of such Act)
and applicable Canadian securities legislation. These forward-looking statements include, but are
not limited to, statements with respect to the expected closing of the proposed acquisition of M&I,
plans for the acquired business and the financial impact of the acquisition and are typically
identified by words such as believe, expect, anticipate, intend, estimate, plan,
will, should, may, could and other similar expressions. By their nature, forward-looking
statements are based on various assumptions and are subject to inherent risks and uncertainties. We
caution readers of this communication not to place undue reliance on our forward-looking statements
as the assumptions underlying such statements may not turn out to be correct and a number of
factors could cause actual future results, conditions, actions or events to differ materially from
the targets, expectations, estimates or intentions expressed in the forward-looking statements.
Such factors include, but are not limited to: the possibility that the proposed transaction does
not close when expected or at all because required regulatory, shareholder or other approvals and
other conditions to closing are not received or satisfied on a timely basis or at all; the terms of
the proposed transaction may need to be modified to satisfy such approvals or conditions; the
anticipated benefits from the proposed transaction such as it being accretive to earnings,
expanding our North American presence and cost savings and synergies are not realized in the time
frame anticipated or at all as a result of changes in general economic and market conditions,
interest and exchange rates, monetary policy, laws and regulations (including changes to capital
requirements) and their enforcement, and the degree of competition in the geographic and business
areas in which M&I operates; the ability to promptly and effectively integrate the businesses of
M&I and BMO; reputational risks and the reaction of M&Is customers to the transaction; diversion
of management time on merger-related issues; increased exposure to exchange rate fluctuations; and
those other factors set out on pages 29 and 30 of BMOs 2010 Annual Report. A significant amount of
M&Is business involves making loans or otherwise committing resources to specific companies,
industries or geographic areas. Unforeseen ev
ents affecting such borrowers, industries or
geographic areas could have a material adverse effect on the performance of our integrated U.S.
operations. Assumptions about the performance of the Canadian and U.S. economies as well as overall
market conditions and their combined effect on the banks business are material factors we consider
when determining our strategic priorities, objectives and expectations for our business. In
determining our expectations for economic growth, both broadly and in the financial services
sector, we primarily consider historical economic data provided by the Canadian and U.S.
governments and their agencies. BMO does not undertake to update any forward-looking statement,
whether written or oral, that may be made, from time to time, by the organization or on its behalf,
except as required by law. Additional Information for Shareholders In connection with the proposed
merger transaction, BMO has filed with the Securities and Exchange Commission a Registration
Statement on Form F-4 and a definitive Proxy Statement/Prospectus, as well as other relevant
documents concerning the proposed transaction. Shareholders are urged to read the Registration
Statement and the definitive Proxy Statement/Prospectus and any other relevant documents filed with
the SEC, as well as any amendments or supplements to those documents, because they will contain
important https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/qa-private-bank.html[04/29/2011
7:46:04 AM]
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Q&A for Harris Private Bank Clients | Harris-M&I merger information information. A free copy of the
definitive Proxy Statement/Prospectus, as well as other filings containing information about BMO
and M&I, may be obtained at the SECs Internet site (http://www.sec.gov). You can also obtain these
documents, free of charge, from BMO at www.BMO.com under the tab About BMO Investor Relations
and then under the heading Frequently Accessed Documents, from BMO Investor Relations at
investor.relations@bmo.com or (416) 867-6642, from M&I by accessing M&Is website at www.MICorp.com
under the tab Investor Relations and then under the heading SEC Filings, or from M&I at (414)
765-7814. BMO and M&I and certain of their directors and executive officers may be deemed to be
participants in the solicitation of proxies from the shareholders of M&I in connection with the
proposed merger. Information about the directors and executive officers of BMO is set forth in the
proxy statement for BMOs 2011 annual meeting of shareholders, as filed with the SEC on Form 6-K on
February 25, 2011. Information about the directors and executive officers of M&I is set forth in
the proxy statement for M&Is 2010 annual meeting of shareholders, as filed with the SEC on a
Schedule 14A on March 12, 2010. Additional information regarding the interests of those
participants and other persons who may be deemed participants in the transaction may be obtained by
reading the above-referenced definitive Proxy Statement/Prospectus. Free copies of this document
may be obtained as described in the preceding paragraph. Legal Cautionary Statement Regarding
Forward-Looking Information Additional Information for Shareholders Harris Private Bank is a trade
name used by various subsidiary financial service providers of Harris Financial Corp. Services
offered by Harris Private Bank are provided by Harris N.A., The Harris Bank N.A. and their bank
affiliates. Member FDIC. Not all products and services are available in every state and/or
location. Not all investments backed by U.S. Government and overall an investor may lose money,
including principal. You should consult with a Harris Private Bank representative regarding this
and other matters related to the strategy. Hence SOME INVESTMENTS USED IN THE STRATEGY ARE NOT
FDIC INSUREDMAY LOSE VALUECARRY NO BANK GUARANTEE Harris
®
is a trade name used by various
financial service subsidiaries of Harris Financial Corp. Banking products are provided by Harris
N.A., The Harris Bank N.A. and their bank affiliates. Securities, investment advisory services and
insurance products are offered through Harris Investor Services, Inc. Member FINRA/SIPC.
SEC-registered investment adviser. Insurance and annuities are offered through Harris Bancorp
Insurance Services Inc., and Harris Investor Services, Inc. Harris Bancorp Insurance Services,
Inc., Harris Investor Services, Inc., and Harris N.A. are affiliated companies. Securities and
insurance products offered are: NOT A DEPOSIT NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT
AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE. Member FINRA / SIPC Third party web sites
may have privacy and security policies different from Harris. Links to other web sites do not imply
the endorsement or approval of such web sites. Please review the privacy and security policies of
web sites reached through links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/qa-private-bank.html[04/29/2011 7:46:04 AM]
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Mailings to Harris Investor Services Clients | Harris-M&I merger information Community Investors
Media Harris Locator harrisbank.com Information for Wealth Management Clients Print this page
Welcome About the Merger About BMO About M&I Q&A Client Mailings Change in Terms Harris Investor
Services Harris Private Bank Contact Harris Mailings to Harris Investor Services Clients A list of
contacts to help you find what youre looking for. Mailing Date Description April 29, 2011 Letter:
Merger Announcement to Harris Investor Services Clients. (PDF) Online Security Were committed to
protecting information about you. Legal Cautionary Statement Regarding Forward-Looking Information
Additional Information for Shareholders Harris Private Bank is a trade name used by various
subsidiary financial service providers of Harris Financial Corp. Services offered by Harris Private
Bank are provided by Harris N.A., The Harris Bank N.A. and their bank affiliates. Member FDIC. Not
all products and services are available in every state and/or location. Not all investments backed
by U.S. Government and overall an investor may lose money, including principal. You should consult
with a Harris Private Bank representative regarding this and other matters related to the strategy.
Hence SOME INVESTMENTS USED IN THE STRATEGY ARE NOT FDIC INSUREDMAY LOSE VALUECARRY NO BANK
GUARANTEE Harris
®
is a trade name used by various financial service subsidiaries of Harris
Financial Corp. Banking products are provided by Harris N.A., The Harris Bank N.A. and their bank
affiliates. Securities, investment advisory services and insurance products are offered through
Harris Investor Services, Inc. Member FINRA/SIPC. SEC-registered investment adviser. Insurance and
annuities are offered through Harris Bancorp Insurance Services Inc., and Harris Investor Services,
Inc. Harris Bancorp Insurance Services, Inc., Harris Investor Services, Inc., and Harris N.A. are
affiliated companies. Securities and insurance products offered are: NOT A DEPOSIT NOT INSURED
BY THE FDIC OR ANY FEDERAL GOVERNMENT AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE.
Member FINRA / SIPC Third party web sites may have privacy and security policies different from
Harris. Links to other web sites do not imply the endorsement or approval of such web sites. Please
review the privacy and security policies of web sites reached through links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/mailings-investor-services.html[04/29/2011
7:46:39 AM]
|
Mailings to Harris Private Bank Clients | Harris-M&I merger information Community Investors Media
Harris Locator harrisbank.com Information for Wealth Management Clients Print this page Welcome
About the Merger About BMO About M&I Q&A Client Mailings Change in Terms Harris Investor Services
Harris Private Bank Contact Harris Mailings to Harris Private Bank Clients A list of contacts to
help you find what youre looking for. Mailing Date Description Private Banking Deposit Accounts
Harris N.A. Online Security April 29, 2011 Letter: Merger Announcement to Harris Private Bank
Clients of Harris N.A. (PDF) Were committed to protecting April 29, 2011 Brochure: Your Ongoing
Relationship with Harris for Harris Private Bank Clients of Harris N.A. (PDF) information about
you. April 29, 2011 Insert: Important Notice and Change in Terms to the Harris Handbook for
Personal and Business Deposit Accounts Accounts Harris N.A. April 03, 2011 (PDF) April 29, 2011
Insert: Important Notice and Change in Terms to the Harris Handbook for Personal and Business
Deposit Accounts Harris N.A. Sept 18, 2010 (PDF) April 29, 2011 Insert: Important Notice and
Change in Terms to the Harris Handbook for Personal and Business Deposit Accounts The Harris
Bank N.A. April 03, 2011 (PDF) Private Banking Deposit Accounts The Harris Bank N.A. April 29,
2011 Letter: Merger Announcement to Harris Private Bank Clients of The Harris Bank N.A. (PDF) April
29, 2011 Brochure: Your Ongoing Relationship with Harris for Harris Private Bank Clients of The
Harris Bank N.A. (PDF) April 29, 2011 Insert: Important Notice and Change in Terms to the Harris
Handbook for Personal and Business Deposit Accounts April 03, 2011 (PDF) Legal Cautionary Statement
Regarding Forward-Looking Information Additional Information for Shareholders Harris Private Bank
is a trade name used by various subsidiary financial service providers of Harris Financial Corp.
Services offered by Harris Private Bank are provided by Harris N.A., The Harris Bank N.A. and their
bank affiliates. Member FDIC. Not all products and services are available in every state and/or
location. Not all investments backed by U.S. Government and overall an investor may lose money,
including principal. You should consult with a Harris Private Bank representative regarding this
and other matters related to the strategy. Hence SOME INVESTMENTS USED IN THE STRATEGY ARE NOT
FDIC INSUREDMAY LOSE VALUECARRY NO BANK GUARANTEE Harris
®
is a trade name used by various
financial service subsidiaries of Harris Financial Corp. Banking products are provided by Harris
N.A., The Harris Bank N.A. and their bank affiliates. Securities, investment advisory services and
insurance products are offered through Harris Investor Services, Inc. Member FINRA/SIPC.
SEC-registered investment adviser. Insurance and annuities are offered through Harris Bancorp
Insurance Services Inc., and Harris Investor Services, Inc. Harris Bancorp Insurance Services,
Inc., Harris Investor Services, Inc., and Harris N.A. are affiliated companies. Securities and
insurance products offered are: NOT A DEPOSIT NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT
AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE. Member FINRA / SIPC Third party web sites
may have privacy and security policies different from Harris. Links to other web sites do not imply
the endorsement or approval of such web sites. Please review the privacy and security policies of
web sites reached through links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/mailings-private-bank.html[04/29/2011
7:47:45 AM]
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Change in Terms | Harris-M&I merger information Community Investors Media Harris Locator
harrisbank.com Information for Wealth Management Clients Print this page Welcome About the Merger
About BMO About M&I Q&A Client Mailings Change in Terms Change in Terms Contact Harris At
completion of the transaction, certain terms in the banking agreements we have with you will
change. Copies of the Change A list of contacts to help you find in Terms are available here: what
youre looking for. Important Notice and Change in Terms to the Harris Handbook for Personal and
Business Deposit Accounts Harris N.A. April 03, 2011 (PDF) Online Security Important Notice and
Change in Terms to the Harris Handbook for Personal and Business Deposit Accounts Harris N.A.
Sept 18, 2010 (PDF) Were committed to protecting information about you. Important Notice and
Change in Terms to the Harris Handbook for Personal and Business Deposit Accounts The Harris
Bank N.A. April 03, 2011 (PDF) Legal Cautionary Statement Regarding Forward-Looking Information
Additional Information for Shareholders Harris Private Bank is a trade name used by various
subsidiary financial service providers of Harris Financial Corp. Services offered by Harris Private
Bank are provided by Harris N.A., The Harris Bank N.A. and their bank affiliates. Member FDIC. Not
all products and services are available in every state and/or location. Not all investments backed
by U.S. Government and overall an investor may lose money, including principal. You should consult
with a Harris Private Bank representative regarding this and other matters related to the strategy.
Hence SOME INVESTMENTS USED IN THE STRATEGY ARE NOT FDIC INSUREDMAY LOSE VALUECARRY NO BANK
GUARANTEE Harris
®
is a trade name used by various financial service subsidiaries of Harris
Financial Corp. Banking products are provided by Harris N.A., The Harris Bank N.A. and their bank
affiliates. Securities, investment advisory services and insurance products are offered through
Harris Investor Services, Inc. Member FINRA/SIPC. SEC-registered investment adviser. Insurance and
annuities are offered through Harris Bancorp Insurance Services Inc., and Harris Investor Services,
Inc. Harris Bancorp Insurance Services, Inc., Harris Investor Services, Inc., and Harris N.A. are
affiliated companies. Securities and insurance products offered are: NOT A DEPOSIT NOT INSURED
BY THE FDIC OR ANY FEDERAL GOVERNMENT AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE.
Member FINRA / SIPC Third party web sites may have privacy and security policies different from
Harris. Links to other web sites do not imply the endorsement or approval of such web sites. Please
review the privacy and security policies of web sites reached through links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/change-in-terms.html[04/29/2011 7:48:08 AM]
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Harris Legal close Website Terms of Use Please read these terms, conditions, and disclaimers
carefully. By accessing this Website, (including, without limitation, websites of Harris N.A. and
its affiliates, which collectively are referred to in this document as Harris, with all such
websites collectively being referred to in this document as this Website), you agree to be bound
by these Website Terms of Use. Harris may add to, delete or otherwise change these Website Terms of
Use, from time to time without notice by posting the most recent version on this Website. Please
access and review these Website Terms of Use regularly. If you find any of the terms or conditions
of these Website Terms of Use unacceptable to you at any time, please discontinue your use of this
Website. By continuing to access this Website after the date of any additions, deletions or other
changes to these Website Terms of Use, you agree to be bound by the new or changed Website Terms of
Use. Certain sections or pages on this Website may contain separate terms and conditions, which are
in addition to the Website Terms of Use. In the event of a conflict, the additional terms and
conditions will govern for those sections or pages. These Website Terms of Use are in addition to
those that apply to any accounts or services you may have with Harris. Use of the Website You agree
that you will not engage in any activities related to this Website that are contrary to applicable
law, regulations or the terms of any agreements you may have with Harris N.A. or any of its
affiliates, vendors, or other third parties in connection with your use of this Website. You
further agree to establish commercially reasonable security procedures and controls to protect any
of your confidential information. Further, you agree not to misuse this Website or its contents.
This Website is intended for persons who are thirteen years old or older. If you are under 13, do
not use this Website. If you determine that you need accommodations in order to use this Website,
please contact, our customer service staff by sending an e-mail to the e-mail address, or calling
the telephone number, located at Contact me on this Website, or call your local Harris branch.
Use of Information Included on this Website The information provided on this Website, including,
without limitation, financial market data, quotes, charts, calculators, news, product offers,
rates, terms and other information accessible on or through this Website is intended for
informational purposes only. Said information is believed to be reliable, but is not warranted to
be accurate, timely or complete, nor is such information intended to constitute financial,
accounting, legal or tax advice. Many factors unknown to us may affect the applicability of any
statement or comment that we make on our Website to your particular circumstances. You should
consult directly with your tax or legal advisor or other financial provider before acting on any
information on this Website. Disclaimer of Warranty and Limitation of Liability HARRIS AND ITS
AFFILIATES DO NOT WARRANT THE ACCURACY, COMPLETENESS, QUALITY, ADEQUACY OR CONTENT OF ANY
INFORMATION OR TOOL ON THIS WEBSITE NOR DOES IT MAKE ANY WARRANTY AS TO THE RESULTS THAT MAY BE
OBTAINED FROM THE USE OF THIS WEBSITE. SUCH INFORMATION OR TOOL IS PROVIDED AS IS WITHOUT
WARRANTY OR CONDITION OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, THE
IMPLIED CONDITIONS AND WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. SOME
JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE MAY NOT APPLY TO YOU.
HARRIS AND ITS AFFILIATES WILL NOT BE RESPONSIBLE OR LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL,
INCIDENTAL, PUNITIVE OR CONSEQUENTIAL DAMAGES, OR ANY OTHER DAMAGES WHATSOEVER, INCLUDING, WITHOUT
LIMITATION, LOST REVENUES, LOST PROFITS OR PROSPECTIVE ECONOMIC ADVANTAGE, RESULTING
FROM ANY USE
OR MISUSE OF THIS WEBSITE, OR RELIANCE ON THE INFORMATION, DOCUMENTS, SOFTWARE OR CONTENT THEREOF,
EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR SUCH ARE REASONABLY FORSEEABLE. Security Do
not communicate confidential information to us over the Internet, or request that we communicate
confidential information to you over the Internet. If you choose to communicate confidential
information to us over the Internet or request that we communicate information to you over the
Internet, Harris and its affiliates will not be responsible for any losses or damages you may incur
as the result of such communication. Please see our Security link for more information.
https://www4.harrisbank.com/PopUP+Content/Global+Popups/General+Harris/Legal[04/29/2011 7:48:32 AM]
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Harris Legal Submissions All information submitted to Harris via this Website shall be deemed and
remain the property of Harris and Harris shall be free to use, for any purpose, any idea, concepts,
know-how or techniques contained in information a visitor to this Website provides to Harris
through this Website. Harris shall not be subject to any obligations of confidentiality regarding
submitted information except as agreed by Harris executing a confidentiality agreement or as
otherwise required by law. Available Only Where Permitted by Law The products and services
described in pages of this Website are only offered in jurisdictions where they may be legally
offered for sale. This Website is not intended for distribution to, or use by, any person or entity
in any jurisdiction or country where such distribution or use would be contrary to local law or
regulation. Hyperlinks are Not Endorsements Links to other websites or references to other
products, services or publications do not imply the endorsement or approval of such websites,
products, services or publications by Harris or its affiliates. Third party websites reached
through links from this Website may also have privacy and security policies different from Harris
and its affiliates, and may provide less security. We are not responsible for the collection, use,
or security of information by companies outside of Harris N.A. or its affiliates that may be linked
to on this Website. If you choose to access any software available through links from this Website,
you should take reasonable and appropriate precautions to scan for computer viruses and ensure
compatibility of the software with your specific computer system. You should also ensure that you
have a complete and current backup of the information contained on your computer system prior to
installing such software. Please review the privacy and security policies of websites reached
through links from this Website. Trademarks Belonging to Harris or Other Entities HARRIS is a trade
name and service mark owned and registered by Harris. The mark HARRIS and certain other marks,
names, graphics, logos, icons, designs, words, titles or phrases appearing in this Website
constitute proprietary trade names, trade dress, trademarks or service marks (collectively referred
to herein as Marks) of Harris or of other entities. The display of Marks on pages at this Website
does not imply that a license of any kind has been granted. Harris Marks may not be used or
otherwise exploited without the express written consent of Harris, and use of Marks owned by other
entities might violate the proprietary rights of such entities. Copyright Notices Copyright 1996,
1997, 1998, 1999, 2000, 2001, 2004, 2010 Harris N.A. All Rights Reserved. Any unauthorized
downloading, re-transmission, display, distribution or other copying, or modification of any
copyrightable matter in the above and/or the contents of this Website herein is strictly
prohibited, and could subject those engaging in such activities to legal action. All information at
this Website is protected under the copyright laws of the United States and other countries. In
addition, certain information may have been copyrighted by others. Unless otherwise specified, no
one has permission to copy, redistribute, reproduce or republish in any form, any information found
at this Website. Inquiries about permission should be directed to: Harris N.A. Marketing Department
111 West Monroe, 21 W Chicago, IL 60603 Patents Harris is licensed by DTC under U.S. Patent Nos.
5,910,988 and 6,032,137. Harris holds a license to practice U.S. Patent Nos. 6,405,181; 6,567,791;
7,143,063; 6,795,812; and 6,324,524. As of 11.19.2010 Brokerage products offered through Harris
Investor Services, Inc. registered broker/dealer, member FINRA/SIPC, SEC-registered investment
adviser. Insurance and annuities offered through Harris Bancorp Insurance Services, Inc. Harris
Investor Service
s Inc. and Harris Bancorp Insurance Services, Inc. are affiliates of Harris N.A.
and its banking subsidiaries. Products offered are: NOT A DEPOSIT NOT INSURED BY THE FDIC OR ANY
OTHER FEDERAL GOVERNMENT AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE.
https://www4.harrisbank.com/PopUP+Content/Global+Popups/General+Harris/Legal[04/29/2011 7:48:32 AM]
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Cautionary Statement Regarding Forward-Looking Information | Harris-M&I merger information
Community Investors Media Harris Locator harrisbank.com Information for Wealth Management Clients
Print this page Welcome About the Merger About BMO About M&I Q&A Client Mailings Change in Terms
Cautionary Statement Regarding Forward-Looking Information Contact Harris Certain statements in
this communication are forward-looking statements under the United States Private Securities
Litigation A list of contacts to help you find Reform Act of 1995 (and are made pursuant to the
safe harbour provisions of such Act) and applicable Canadian securities what youre looking for.
legislation. These forward-looking statements include, but are not limited to, statements with
respect to the expected closing of the proposed acquisition of M&I, plans for the acquired business
and the financial impact of the acquisition and are typically identified by words such as
believe, expect, anticipate, intend, estimate, plan, will, should, may, could
and other similar expressions. Online Security By their nature, forward-looking statements are
based on various assumptions and are subject to inherent risks and Were committed to protecting
uncertainties. We caution readers of this communication not to place undue reliance on our
forward-looking statements as the information about you. assumptions underlying such statements may
not turn out to be correct and a number of factors could cause actual future results, conditions,
actions or events to differ materially from the targets, expectations, estimates or intentions
expressed in the forward-looking statements. Such factors include, but are not limited to: the
possibility that the proposed transaction does not close when expected or at all because required
regulatory, shareholder or other approvals and other conditions to closing are not received or
satisfied on a timely basis or at all; the terms of the proposed transaction may need to be
modified to satisfy such approvals or conditions; the anticipated benefits from the proposed
transaction such as it being accretive to earnings, expanding our North American presence and cost
savings and synergies are not realized in the time frame anticipated or at all as a result of
changes in general economic and market conditions, interest and exchange rates, monetary policy,
laws and regulations (including changes to capital requirements) and their enforcement, and the
degree of competition in the geographic and business areas in which M&I operates; the ability to
promptly and effectively integrate the businesses of M&I and BMO; reputational risks and the
reaction of M&Is customers to the transaction; diversion of management time on merger-related
issues; increased exposure to exchange rate fluctuations; and those other factors set out on pages
29 and 30 of BMOs 2010 Annual Report. A significant amount of M&Is business involves making loans
or otherwise committing resources to specific companies, industries or geographic areas. Unforeseen
events affecting such borrowers, industries or geographic areas could have a material adverse
effect on the performance of our integrated U.S. operations. Assumptions about the performance of
the Canadian and U.S. economies as well as overall market conditions and their combined effect on
the banks business are material factors we consider when determining our strategic priorities,
objectives and expectations for our business. In determining our expectations for economic growth,
both broadly and in the financial services sector, we primarily consider historical economic data
provided by the Canadian and U.S. governments and their agencies. BMO does not undertake to update
any forward-looking statement, whether written or oral,
that may be made, from time to time, by the
organization or on its behalf, except as required by law. Legal Cautionary Statement Regarding
Forward-Looking Information Additional Information for Shareholders Harris Private Bank is a trade
name used by various subsidiary financial service providers of Harris Financial Corp. Services
offered by Harris Private Bank are provided by Harris N.A., The Harris Bank N.A. and their bank
affiliates. Member FDIC. Not all products and services are available in every state and/or
location. Not all investments backed by U.S. Government and overall an investor may lose money,
including principal. You should consult with a Harris Private Bank representative regarding this
and other matters related to the strategy. Hence SOME INVESTMENTS USED IN THE STRATEGY ARE NOT
FDIC INSUREDMAY LOSE VALUECARRY NO BANK GUARANTEE Harris
®
is a trade name used by various
financial service subsidiaries of Harris Financial Corp. Banking products are provided by Harris
N.A., The Harris Bank N.A. and their bank affiliates. Securities, investment advisory services and
insurance products are offered through Harris Investor Services, Inc. Member FINRA/SIPC.
SEC-registered investment adviser. Insurance and annuities are offered through Harris Bancorp
Insurance Services Inc., and Harris Investor Services, Inc. Harris Bancorp Insurance Services,
Inc., Harris Investor Services, Inc., and Harris N.A. are affiliated companies. Securities and
insurance products offered are: NOT A DEPOSIT NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT
AGENCY NOT GUARANTEED BY ANY BANK MAY LOSE VALUE. Member FINRA / SIPC Third party web sites
may have privacy and security policies different from Harris. Links to other web sites do not imply
the endorsement or approval of such web sites. Please review the privacy and security policies of
web sites reached through links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/cautionary-statement.html[04/29/2011
7:48:58 AM]
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Cautionary Statement Regarding Forward-Looking Information | Harris-M&I merger information
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/cautionary-statement.html[04/29/2011
7:48:58 AM]
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Information for Shareholders and Investors | Harris-M&I merger information Community Investors
Media Harris Locator harrisbank.com Information for Wealth Management Clients Print this page
Welcome About the Merger About BMO About M&I Q&A Client Mailings Change in Terms Information for
Shareholders and Investors Contact Harris In connection with the proposed merger transaction, BMO
has filed with the Securities and Exchange Commission a A list of contacts to help you find
Registration Statement on Form F-4 and a definitive Proxy Statement/Prospectus, as well as other
relevant documents what youre looking for. concerning the proposed transaction. Shareholders are
urged to read the Registration Statement and the definitive Proxy Statement/Prospectus and any
other relevant documents filed with the SEC, as well as any amendments or supplements to those
documents, because they will contain important information. A free copy of the definitive Proxy
Statement/Prospectus, as well as other filings containing information about BMO and M&I, may be
obtained at the SECs Internet site (http://www.sec.gov). Online Security You can also obtain these
documents, free of charge, from BMO.coms Frequently Accessed Documents, from BMO Investor Were
committed to protecting Relations at investor.relations@bmo.com or (416) 867-6642, from
MICorp.coms SEC Filings, or from M&I at (414) 765-7814. information about you. BMO and M&I and
certain of their directors and executive officers may be deemed to be participants in the
solicitation of proxies from the shareholders of M&I in connection with the proposed merger.
Information about the directors and executive officers of BMO is set forth in the proxy statement
for BMOs 2011 annual meeting of shareholders, as filed with the SEC on Form 6-K on February 25,
2011. Information about the directors and executive officers of M&I is set forth in the proxy
statement for M&Is 2010 annual meeting of shareholders, as filed with the SEC on a Schedule 14A on
March 12, 2010. Additional information regarding the interests of those participants and other
persons who may be deemed participants in the transaction may be obtained by reading the
above-referenced definitive Proxy Statement/Prospectus. Free copies of this document may be
obtained as described in the preceding paragraph. Legal Cautionary Statement Regarding
Forward-Looking Information Additional Information for Shareholders Harris Private Bank is a trade
name used by various subsidiary financial service providers of Harris Financial Corp. Services
offered by Harris Private Bank are provided by Harris N.A., The Harris Bank N.A. and their bank
affiliates. Member FDIC. Not all products and services are available in every state and/or
location. Not all investments backed by U.S. Government and overall an investor may lose money,
including principal. You should consult with a Harris Private Bank representative regarding this
and other matters related to the strategy. Hence SOME INVESTMENTS USED IN THE STRATEGY ARE NOT
FDIC INSUREDMAY LOSE VALUECARRY NO BANK GUARANTEE Harris
®
is a trade name used by various
financial service subsidiaries of Harris Financial Corp. Banking products are provided by Harris
N.A., The Harris Bank N.A. and their bank affiliates. Securities, investment advisory services and
insurance products are offered through Harris Investor Services, Inc. Member FINRA/SIPC.
SEC-registered investment adviser. Insurance and annuities are offered through Harris Bancorp
Insurance Services Inc., and Harris Investor Services, Inc. Harris Bancorp Insurance Services,
Inc., Harris Investor Services, Inc., and Harris N.A. are affiliated companies. Securities and
insurance products offered are: NOT A DEPOSIT NOT INSURED BY THE FDIC OR ANY FEDERAL GOVERNMENT
AGENCY
NOT GUARANTEED BY ANY BANK MAY LOSE VALUE. Member FINRA / SIPC Third party web sites
may have privacy and security policies different from Harris. Links to other web sites do not imply
the endorsement or approval of such web sites. Please review the privacy and security policies of
web sites reached through links from Harris web sites.
https://www4.harrisbank.com/vgn/bmoharriswealth_welcome/investors.html[04/29/2011 7:49:26 AM]
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Combining the best of both banks
@Work caught up with Cecily Mistarz, Integration Management Office Director, in Chicago, to talk about the Harris and Marshall & Ilsley integration.
What is the status of the integration work?
We recently achieved significant milestones with the announcement of a new bank name, leaders, and
business model that will unify us, post-close, as one North American company 45,000 strong.
There is great energy around combining the best of both banks in a way that positions BMO Harris
Bank to realize the transformational opportunities of this acquisition for customers and employees.
Whats next?
Regulatory approvals and getting BMO Harris Bank to market. Integration teams are drilling down to
the complex future-state blueprint work. That means defining organizational alignment across all
lines of business to get us to market and, post-close, implementing our plans for customer and
employee experience. We are committed to a transition experience for all employees that is
engaging, respectful and provides for uninterrupted productivity for customers. To stay true to the
BMO culture, customers must remain at the center of everything we do, at every stage of integration
and conversion.
How is the IMO driving employee engagement?
We cant succeed without it. We are working through the Employee Experience group to ensure
employees of BMO Harris Bank feel informed, connected, and committed to customers and their
futures.
To make that happen, the group has begun Pulse Survey Work, conducting one-on-one interviews with
leaders at Harris and M&I. They also are convening discussion sessions with customer-facing and
corporate support employees from a cross-section of businesses. This survey work will continue
post-close and throughout the conversion phase, to ensure a direct line of communication from the
field.
It is our goal that employees have the information and the tools and training they need to deliver
a great customer experience.
What happens on day one?
We will be BMO Harris Bank. For customers it will be business-as-usual, at their branches, online
and on the phone, as we work toward closing and begin the work of integrating the two banks.
Following the close of the acquisition, our legal name will change on some documents and some of
the signs posted at the branches. We are committed to delivering a seamless transition for our
customers, which includes keeping them informed throughout the process.
For employees, we will be focused on keeping you informed and building the culture of one North
American company, 45,000 strong, across our expanded U.S. footprint
How are we going to communicate with each other after day one?
Weve worked very aggressively to make sure that the BMO Harris intranet site will be available to
all BMO Harris Bank employees on day one. That will be
the
central location for all of us to access
the same enterprise news, communication updates, HR information and integration updates. Our
intranet site also houses our internal phone directories, which will contain contact information
(phone, email, location) for all of us on day one.
What kind of communication can we expect next?
In the coming weeks, our M&I colleagues will receive more information on benefits, policies, and
payroll. Additionally, we will be providing customers with advance notice of the Change in Terms
(CIT) to their deposit agreements and the change of Harris N.A.s name to BMO Harris Bank N.A.
There are also materials available to addresses questions that you and your customers may have
about customer communications and the acquisition in general. This information is posted to
the
Harris-M&I Transition site
. This site will be updated on a regular basis as the
transition progresses. Be sure to check there frequently for new updates.
******************
Cautionary Statement Regarding Forward-Looking Information
Certain statements in this communication are forward-looking statements under the United States
Private Securities Litigation Reform Act of 1995 (and are made pursuant to the safe harbour
provisions of such Act) and applicable Canadian securities legislation. These forward-looking
statements include, but are not limited to, statements with respect to the expected closing of the
proposed acquisition of M&I, plans for the acquired business and the financial impact of the
acquisition and are typically identified by words such as believe, expect, anticipate,
intend, estimate, plan, will, should, may, could and other similar expressions.
By their nature, forward-looking statements are based on various assumptions and are subject to
inherent risks and uncertainties. We caution readers of this communication not to place undue
reliance on our forward-looking statements as the assumptions underlying such statements may not
turn out to be correct and a number of factors could cause actual future results, conditions,
actions or events to differ materially from the targets, expectations, estimates or intentions
expressed in the forward-looking statements.
Such factors include, but are not limited to: the possibility that the proposed transaction does
not close when expected or at all because required regulatory, shareholder or other approvals and
other conditions to closing are not received or satisfied on a timely basis or at all; the terms of
the proposed transaction may need to be modified to satisfy such approvals or conditions; the
anticipated benefits from the proposed transaction such as it being accretive to earnings,
expanding our North American presence and cost savings and synergies are not realized in the time
frame anticipated or at all as a result of changes in general economic and market conditions,
interest and exchange rates, monetary policy, laws and regulations (including changes to capital
requirements) and their enforcement, and the degree of competition in the geographic and business
areas in which M&I
operates; the ability to promptly and effectively integrate the businesses of M&I and BMO;
reputational risks and the reaction of M&Is customers to the transaction; diversion of management
time on merger-related issues; increased exposure to exchange rate fluctuations; and those other
factors set out on pages 29 and 30 of BMOs 2010 Annual Report. A significant amount of M&Is
business involves making loans or otherwise committing resources to specific companies, industries
or geographic areas. Unforeseen events affecting such borrowers, industries or geographic areas
could have a material adverse effect on the performance of our integrated U.S. operations.
Assumptions about the performance of the Canadian and U.S. economies as well as overall market
conditions and their combined effect on the banks business are material factors we consider when
determining our strategic priorities, objectives and expectations for our business. In determining
our expectations for economic growth, both broadly and in the financial services sector, we
primarily consider historical economic data provided by the Canadian and U.S. governments and their
agencies.
BMO does not undertake to update any forward-looking statement, whether written or oral, that may
be made, from time to time, by the organization or on its behalf, except as required by law.
Additional Information for Shareholders
In connection with the proposed merger transaction, BMO has filed with the Securities and Exchange
Commission a Registration Statement on Form F-4 and a definitive Proxy Statement/Prospectus, as
well as other relevant documents concerning the proposed transaction.
Shareholders are urged to
read the Registration Statement and the definitive Proxy Statement/Prospectus and any other
relevant documents filed with the SEC, as well as any amendments or supplements to those documents,
because they will contain important information.
A free copy of the definitive Proxy
Statement/Prospectus, as well as other filings containing information about BMO and M&I, may be
obtained at the SECs Internet site (http://www.sec.gov). You can also obtain these documents, free
of charge, from BMO at www.BMO.com under the tab About BMO Investor Relations and then under
the heading Frequently Accessed Documents, from BMO Investor Relations at
investor.relations@bmo.com or (416) 867-6642, from M&I by accessing M&Is website at
www.MICorp.com under the tab Investor Relations and then under the heading SEC Filings, or from
M&I at (414) 765-7814.
BMO and M&I and certain of their directors and executive officers may be deemed to be participants
in the solicitation of proxies from the shareholders of M&I in connection with the proposed merger.
Information about the directors and executive officers of BMO is set forth in the proxy statement
for BMOs 2011 annual meeting of shareholders, as filed with the SEC on Form 6-K on February 25,
2011. Information about the directors and executive officers of M&I is set forth in the proxy
statement for M&Is 2010 annual meeting of shareholders, as filed with the SEC on a Schedule 14A on
March 12, 2010. Additional information regarding the interests of those participants and other
persons who may be deemed participants in the transaction may be obtained by reading the
above-referenced definitive Proxy Statement/Prospectus. Free copies of this document may be
obtained as described in the preceding paragraph.
General
What is changing? Who is BMO Harris Bank N.A.?
On Friday, December 17, 2010 BMO Financial Group* announced a definitive agreement to acquire
Marshall & Ilsley Corporation (M&I). As part of this transaction, M&I Marshall & Ilsley Bank, M&I
Bank FSB, and The Harris Bank N.A. will be merged with and into
Harris N.A. as the surviving bank.
The name of Harris N.A. will change to BMO Harris Bank N.A. at that time. Harris N.A. is a
subsidiary of BMO Financial Group. The transaction is subject to customary closing conditions,
including regulatory approval and M&I shareholder approval.
When will these changes take place?
After the transaction closes, the bank will be headquartered in the Midwest, providing significant
benefits for our customers and the communities that we serve. We anticipate the closing to be
completed prior to July 31, 2011. We will let you know when the transaction has closed by posting a
notice on our website, harrisbank.com, placing a sign in our branches, or publishing a notice in
newspapers.
After the transaction closes, you will continue to see our existing brand names and logos Harris
and M&I until we have integrated operations and systems. You will, however, begin to see the BMO
Harris Bank N.A. legal name on your statements, bank forms and correspondence, as well as on our
branch doors.
Who is BMO Financial Group?
Established in 1817, BMO Financial Group is a highly diversified North American financial services
provider. With total assets of $412 billion and 38,000 employees, BMO provides a broad range of
retail banking, wealth management and investment banking products and services. We serve more than
seven million customers across Canada through our Canadian retail arm, BMO Bank of Montreal. We
also serve customers through our wealth management businesses, BMO Nesbitt Burns, BMO InvestorLine,
BMO Insurance and BMO Harris Private Banking.
BMO Capital Markets, our North American investment and corporate banking division, provides a full
suite of financial products and services to our North American and international clients. In the
United States, BMO serves customers through Chicago-based Harris, an integrated financial services
organization with almost 1.3 million retail, small business and commercial customers.
BMO Financial Group comprises three operating groups: Personal and Commercial Banking, Private
Client Group and BMO Capital Markets.
You can find additional information about BMO on
bmo.com
.
Who is M&I Marshall & Ilsley Corporation?
Founded in 1847, M&I (Marshall & Ilsley) is the largest Wisconsin-based banking organization, with
188 offices throughout the state, and a total of 182 more in Arizona, Florida, Illinois, Indiana,
Kansas, Minnesota, Missouri and Nevada. The company is recognized for its commitment to its
customers and communities and for its excellence in consumer and business banking, wealth
management, and partnering with clients to meet their financial needs.
Why did you send me this letter?
Harris is sending a letter regarding the planned M&I acquisition to our Personal, Business and
Commercial deposit account customers, Health Savings Account customers, and Harris Private Bank
deposit account customers. The letter includes an Important Notice and Change in Terms (CIT) to
their deposit agreements and notice of the change of Harris N.A.s name to BMO Harris Bank N.A.,
all of which will be effective at the time of the merger. Harris Investor Services clients and
Harris Private Bank trust and investment clients will also receive a notice of the merger and name
change.
1
I received more than one letter. Why?
We tried to reduce the number of mailings sent to our customers as much as possible; however, we
could not completely minimize them where customers have multiple product and service relationships.
If you are a customer of both Harris and M&I, you will receive a mailing from both banks.
What does this mean for me today?
You can expect it to be business-as-usual in the coming months. Continue to bank with us as you do
today at your current branches and ATMs, online and by telephone. You can use the same account
numbers, checks, bank cards and services you use today.
What do I need to do?
You do not need to do anything at this point. It is business-as-usual.
When will I begin to see the new BMO Harris Bank brand name and new logo?
After the transaction closes, you will continue to see our existing brand names and logos Harris
and M&I until we have integrated operations and systems. You will, however, begin to see the BMO
Harris Bank N.A. legal name on your statements, bank forms and correspondence, as well as on our
branch doors.
What does this mean for the banks community support?
Harris, M&I and BMO Financial Group share a long tradition of support for the communities they
serve through economic development programs, financial contributions and the significant time and
efforts volunteered by staff. We remain committed to the community, and through our involvement and
investment well continue to make our communities a better place.
Who can I contact with questions?
You can continue to speak with your branch contacts, your relationship manager or visit our
integration site at harrisbank.com/bmoharris. You can also contact us at:
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Harris Call Centre: 1-888-340-2265
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General Banking
Can I continue to bank at the same branches and ATMs?
Continue to bank just as you do today at your current branches with the same friendly faces,
ATMs, by telephone and online.
As a Harris customer, can I use M&I ATMs?
You should continue to bank where and how you do today in your local branch, over the telephone
and online.
After the transaction closes, in addition to Harris ATMs, youll be able to withdraw cash, make
deposits (at ATMs that accept deposits), and check your balances without incurring a Non-Harris ATM
Transaction fee or an ATM surcharge fee at 480 ATMs with the M&I logo including M&I ATMs located in
Arizona, Florida, Indiana, Kansas, Minnesota, Missouri, and throughout Wisconsin.
Can I continue to bank at the same location and with the same banker/relationship manager?
Yes. Please continue to bank as you do today in your current branch and with the banking
professionals you work with currently.
Will my bank account number(s) stay the same?
Account numbers will not change at the closing of the acquisition. If and when changes are made
that affect your account numbers, we will communicate that to you in advance.
2
Will the Routing Number stay the same?
Yes. At this time, the Routing Number we use, which appears on checks, will stay the same. When
operations are combined, we will notify you in advance of any changes to your accounts.
Can I continue to use my checks?
Yes. Continue to use your existing supply of checks. If you re-order checks, the bank name will
change to BMO Harris Bank N.A., the new legal name. If your check supply is running low, please
contact your banker.
Will my direct deposits and automatic payments continue?
Yes. Your account and specific direct deposits and automatic payments will be processed as they are
today. If and when changes are made, we will communicate that to you in advance.
Will my fees or service charges change?
It is business-as-usual, which means no changes to fees and service charges, at this time. If and
when changes are made that affect fees or service charges, we will communicate that to you in
advance.
When will the integration of operations and systems occur?
Although we dont have a specific date, we are committed to keeping you informed along the way.
Our commitment is to deliver a seamless transition for you.
What new services will the combined bank offer me/my company?
As part of the BMO Financial Group, customers already have access to a remarkably broad range of
expertise in financial services. After the combination of Harris and M&I into one organization, you
will enjoy the benefit of a more expansive geographic footprint and the full breadth of services
spanning from east to west.
Online Banking
How will my online products and services be impacted? Will my day-to-day activities be interrupted?
Please continue to use our online products and services as you do today. Your online credentials
will remain the same and you can continue to access our systems as you do today. All scheduled
activities, bill payments and scheduled transfers will continue as you have them scheduled today,
until further notice.
Should there become a need to make changes to our online products and services; we will notify you
in advance of any changes.
Please note that we will NEVER solicit confidential information from you
via e-mail or text message
. Should you receive a request of this nature that appears to be from
Harris, please notify us immediately by e-mailing harris.phish@harrisbank.com.
Will my online products and services look and operate the same?
Yes, our online products and services will look and operate the same after the transaction closes.
The new legal name, BMO Harris Bank N.A., will appear on Harris websites once the acquisition
closes. We will be introducing the new brand name and logo over the next year. In the meantime,
you will continue to see the familiar Harris name on our online offerings until our systems are
integrated.
Safe Deposit Boxes
Will my safe deposit box be changing?
No. At this time, there will be no changes to safe deposit boxes other than as previously
announced.
3
FDIC Insurance
What happens to my insurance coverage if I have deposits at insured banks that merge? How do I
verify my FDIC insurance coverage?
When two or more insured banks merge, deposits from the assumed bank are separately insured from
deposits at the assuming bank for at least six months after the merger. This grace period gives a
depositor the opportunity to restructure his or her account, if necessary.
Certificates of Deposit (CDs) from the assumed bank are separately insured until the earliest
maturity date after the end of the six-month grace period. CDs that mature during the six-month
period and are renewed for the same term and in the same dollar amount (either with or without
accrued interest) continue to be separately insured until the first maturity date after the
six-month period. If a CD matures during the six-month grace period and is renewed on any other
basis, it would be separately insured only until the end of the six-month grace period.
The FDIC has helpful tools to assist you in determining your FDIC insurance coverage. Please visit
http://www.fdic.gov/deposit/deposits/index.html or call 1-877-ASK-FDIC (1-877-275-3342) or
1-800-925-4618 (hearing impaired line) for more information.
Commercial Banking &Treasury Management Services
What changes are happening for my Commercial accounts?
Harris is sending a letter regarding the M&I acquisition to our Commercial deposit account
customers which includes an Important Notice and Change in Terms (CIT) to their deposit and cash
management agreements and notice of the change of Harris N.A.s name to BMO Harris Bank N.A., all
of which will be effective immediately after the merger.
Is anything changing about my account numbers, products or fees?
Account numbers, products and fees will not change when the transaction closes. If and when
changes are made that affect your account numbers, products, or fees, we will communicate that to
you in advance.
Loans/Line of Credit/Mortgages
Will there be any changes to my loan or line of credit?
No. The same terms and conditions as governed by the signed loan documents that apply to your
credit facility today will remain through maturity, regardless of the merger. Continue to use your
existing coupons to make your loan payments.
Will mortgage statements change?
Only the bank name will change on mortgage statements. Customers may continue to use the same
payment address and account number for mortgage loan payments.
May I continue to use my line of credit advance checks?
Yes. Continue to use your existing supply of checks. If you re-order checks, the bank name will
change to BMO Harris Bank N.A., which is the new legal name. If your check supply is running low,
please contact your banker.
May I continue to use my loan coupon book?
Yes, existing loan coupons may be used and there is no change to the mailing address or account
number.
4
Credit Cards, Debit Cards and Payroll Cards
Can I continue to use my existing credit cards, debit cards and payroll cards?
Yes. Please continue to use your credit cards, debit cards(s) and payroll cards as before.
What happens to my Harris Everyday Benefits points?
There will be no changes to your points at this time.
Will I receive a new Corporate Credit Card?
No. You can continue to use your current Corporate Credit Card.
Wealth
Will my private banker or other contacts change?
No. Please continue to visit our locations and work with our wealth professionals as you do today.
*Bank of Montreal and its affiliates are known as BMO Financial Group.
Cautionary Statement Regarding Forward-Looking Information
Certain statements in this communication are forward-looking statements under the United States
Private Securities Litigation Reform Act of 1995 (and are made pursuant to the safe harbour
provisions of such Act) and applicable Canadian securities legislation. These forward-looking
statements include, but are not limited to, statements with respect to the expected closing of the
proposed acquisition of M&I, plans for the acquired business and the financial impact of the
acquisition and are typically identified by words such as believe, expect, anticipate,
intend, estimate, plan, will, should, may, could and other similar expressions.
By their nature, forward-looking statements are based on various assumptions and are subject to
inherent risks and uncertainties. We caution readers of this communication not to place undue
reliance on our forward-looking statements as the assumptions underlying such statements may not
turn out to be correct and a number of factors could cause actual future results, conditions,
actions or events to differ materially from the targets, expectations, estimates or intentions
expressed in the forward-looking statements.
Such factors include, but are not limited to: the possibility that the proposed transaction does
not close when expected or at all because required regulatory, shareholder or other approvals and
other conditions to closing are not received or satisfied on a timely basis or at all; the terms of
the proposed transaction may need to be modified to satisfy such approvals or conditions; the
anticipated benefits from the proposed transaction such as it being accretive to earnings,
expanding our North American presence and cost savings and synergies are not realized in the time
frame anticipated or at all as a result of changes in general economic and market conditions,
interest and exchange rates, monetary policy, laws and regulations (including changes to capital
requirements) and their enforcement, and the degree of competition in the geographic and business
areas in which M&I operates; the ability to promptly and effectively integrate the businesses of
M&I and BMO; reputational risks and the reaction of M&Is customers to the transaction; diversion
of management time on merger-related issues; increased exposure to exchange rate fluctuations; and
those other factors set out on pages 29 and 30 of BMOs 2010 Annual Report. A significant amount of
M&Is business involves making loans or otherwise committing resources to specific companies,
industries or geographic areas. Unforeseen events affecting such borrowers, industries or
geographic areas could have a material adverse effect on the performance of our integrated U.S.
operations.
Assumptions about the performance of the Canadian and U.S. economies as well as overall market
conditions and their combined effect on the banks business are material factors we consider when
determining our strategic priorities, objectives and expectations for our business. In determining
our expectations for economic growth, both broadly and in the financial services sector, we
primarily consider historical economic data provided by the Canadian and U.S. governments and their
agencies.
BMO does not undertake to update any forward-looking statement, whether written or oral, that may
be made, from time to time, by the organization or on its behalf, except as required by law.
5
Additional Information for Shareholders
In connection with the proposed merger transaction, BMO has filed with the Securities and Exchange
Commission a Registration Statement on Form F-4 and a definitive Proxy Statement/Prospectus, as
well as other relevant documents concerning the proposed transaction.
Shareholders are urged to
read the Registration Statement and the definitive Proxy Statement/Prospectus and any other
relevant documents filed with the SEC, as well as any amendments or supplements to those documents,
because they will contain important information.
A free copy of the definitive Proxy
Statement/Prospectus, as well as other filings containing information about BMO and M&I, may be
obtained at the SECs Internet site (
http://www.sec.gov
). You can also obtain these documents, free
of charge, from BMO at
www.BMO.com
under the tab About BMO Investor Relations and then under
the heading Frequently Accessed Documents, from BMO Investor Relations at
investor.relations@bmo.com
or
(416) 867-6642
, from M&I by accessing M&Is website at
www.MICorp.com
under the tab Investor Relations and then under the heading SEC Filings, or from
M&I at
(414) 765-7814
.
BMO and M&I and certain of their directors and executive officers may be deemed to be participants
in the solicitation of proxies from the shareholders of M&I in connection with the proposed merger.
Information about the directors and executive officers of BMO is set forth in the proxy statement
for BMOs 2011 annual meeting of shareholders, as filed with the SEC on Form 6-K on February 25,
2011. Information about the directors and executive officers of M&I is set forth in the proxy
statement for M&Is 2010 annual meeting of shareholders, as filed with the SEC on a Schedule 14A on
March 12, 2010. Additional information regarding the interests of those participants and other
persons who may be deemed participants in the transaction may be obtained by reading the
above-referenced definitive Proxy Statement/Prospectus. Free copies of this document may be
obtained as described in the preceding paragraph.
6
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