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Published on 6/14/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $635,000 capped buffered return enhanced notes on index, ETF

Chicago, June 14 – JPMorgan Chase Financial Co. LLC priced $635,000 of 0% capped buffered return enhanced notes due Jan. 6, 2023 linked to the least performing of the S&P 500 index and iShares Russell 2000 ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset gains the payout at maturity will be par plus 300% of the return of the worst performing asset capped at par plus 14.8%. The payout will be par if the worst performing asset declines but by no more than the 10% buffer. Investors will lose 1% for every 1% that the worst performing asset declines beyond the buffer.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Capped buffered return enhanced notes
Underlying assets:S&P 500 index and iShares Russell 2000 ETF
Amount:$635,000
Maturity:Jan. 6, 2023
Coupon:0%
Price:Par
Payout at maturity:If worst performing asset gains par plus 300% of worst performing asset return capped at par plus 14.8%; par if worst performing asset declines but by no more than 10% buffer; 1% loss for every 1% that worst performing asset declines beyond the buffer
Initial levels:4,538.43 for index, $214.71 for fund
Upside leverage:300%
Cap:14.8%
Buffer:10%
Pricing date:Dec. 3, 2021
Settlement date:Dec. 8, 2021
Agent:J.P. Morgan Securities LLC
Fees:0.69547%
Cusip:48132Y3U7

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