New Issue: JPMorgan prices $750,000 digital notes linked to 10-year SOFR ICE swap rate

Chicago, March 3 – JPMorgan Chase Financial Co. LLC priced $750,000 of 0% digital notes due June 20, 2023 linked to the 10-year U.S. dollar SOFR ICE swap rate, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the swap rate finishes at or above its initial value or falls by up to 25%, the payout at maturity will be par plus the contingent digital return of 14%.

If the swap rate falls by more than 25%, investors will lose 1% for every 1% that the rate declines from its initial level.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Digital notes
Underlying rate:	10-year U.S. dollar SOFR ICE swap rate
Amount:	$750,000
Maturity:	June 20, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If the swap rate finishes at or above its initial value or falls by up to 25%, par plus 14%; otherwise, 1% loss for every 1% decline of the rate from its initial level
Initial rate:	2.7%
Strike date:	May 11, 2022
Pricing date:	May 12, 2022
Settlement date:	May 17, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48133DG79

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