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Published on 5/1/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $2.09 million uncapped buffered return enhanced notes on two indexes

New York, May 1 – JPMorgan Chase Financial Co. LLC priced $2.09 million of 0% uncapped buffered return enhanced notes due April 24, 2025 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains, the payout at maturity will be par plus 150% of the return of that index.

The payout will be par if the worst performing index declines by no more than 5%. Otherwise, investors will lose 1% for every 1% that the worst performing index declines beyond 5%.

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:Uncapped buffered return enhanced notes
Underlying indexes:Russell 2000 index and S&P 500 index
Amount:$2,094,000
Maturity:April 24, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 150% of that index return; par if worst performing index declines by no more than 5%; otherwise, 1% loss for every 1% that worst performing index declines beyond 5%
Initial levels:1,791.506 for Russell 2000, 4,133.52 for S&P 500
Upside leverage:150%
Buffer:5%
Pricing date:April 21
Settlement date:April 26
Agent:J.P. Morgan Securities LLC
Fees:0%
Cusip:48133V3T5

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