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Published on 5/8/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.49 million capped notes linked to Nasdaq, Russell, S&P

Chicago, May 8 – JPMorgan Chase Financial Co. LLC priced $1.49 million of 0% capped notes due Aug. 1, 2024 linked to the least performing of the Nasdaq-100 index, Russell 2000 index and 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 the return of the worst performing index capped at par plus 12.5%. Otherwise, the payout will be par.

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 notes
Underlying indexes:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$1.49 million
Maturity:Aug. 1, 2024
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains par plus worst performing index return capped at par plus 12.5%; otherwise, par
Initial levels:13,245.99 for Nasdaq, 1,768.987 for Russell, 4,169.48 for S&P
Upside leverage:100%
Cap:12.5%
Principal protection:100%
Pricing date:April 28
Settlement date:May 3
Agent:J.P. Morgan Securities LLC
Fees:0.65%
Cusip:48133VN22

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