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

New Issue: JPMorgan prices $500,000 5.15% contingent interest notes linked to S&P

Chicago, May 1 – JPMorgan Chase Financial Co. LLC priced $500,000 of contingent interest notes due June 6, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 5.15%, paid monthly, if the underlying index closes at or above its 70% downside threshold on the related monthly observation date.

If the index gains or declines by no more than its 30% buffer the payout at maturity will be par plus the contingent coupon. Investors will lose 1% for every 1% that the index 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:Contingent interest notes
Underlying index:S&P 500 index
Amount:$500,000
Maturity:June 6, 2025
Coupon:5.15% annual rate, paid monthly, if the underlying index closes at or above its 70% downside threshold on the related monthly observation date
Price:Par
Payout at maturity:If index gains or declines by no more than its 30% buffer, par; 1% loss for every 1% that index declines beyond buffer
Initial level:4,108.54
Buffer:30%
Buffer level:2,875.978, 70% of initial level
Strike date:June 3, 2022
Pricing date:June 7, 2022
Settlement date:June 10, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.85%
Cusip:48133GXC2

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