New Issue: JPMorgan prices $275,000 capped buffered return enhanced notes on indexes

New York, Feb. 27 – JPMorgan Chase Financial Co. LLC priced $275,000 of capped buffered return enhanced notes due Jan. 22, 2027 linked to the worst performing of the Nasdaq-100 index, Dow Jones industrial average and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If all three indexes finish positive, the payout at maturity will be par plus 1.4198 times the return of the worst performer capped at 45%.

If at least one index declines, but all end above 75% of their initial levels, the payout will be par.

Otherwise, investors will lose 1% for every 1% of decline in index price beyond 25%.

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 indexes:	Nasdaq-100 index, Dow Jones industrial average and S&P 500 index
Amount:	$275,000
Maturity:	Jan. 22, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If all indexes finish positive, 1.4198 times return of worst performer capped at 45%; par if at least one index declines but all end above buffer level; otherwise, 1% loss for each 1% decline beyond 25% buffer
Initial levels:	16,830.71 for Nasdaq, 37,361.12 for Dow, 4,765.98 for S&P
Buffer levels:	75% of initial levels
Pricing date:	Jan. 16, 2024
Settlement date:	Jan. 19, 2024
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	48134TTT1

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