New Issue: JPMorgan prices $585,000 capped buffered return enhanced notes on Dow, S&P

Chicago, Oct. 16 – JPMorgan Chase Financial Co. LLC priced $585,000 of 0% capped buffered return enhanced notes due Oct. 17, 2024 linked to the lesser performing of the Dow Jones industrial average 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 300% of the return of the worst performing index capped at par plus 29.4%. The payout will be par if the worst performing index declines but by no more than the 15% buffer. Investors will lose 1% for every 1% that the worst performing 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:	Capped buffered return enhanced notes
Underlying indexes:	Dow Jones industrial average and S&P 500 index
Amount:	$585,000
Maturity:	Oct. 17, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains par plus 300% of worst performing index return capped at par plus 29.4%; par if worst performing index declines but by no more than 15% buffer; 1% loss for every 1% that worst performing index declines beyond the buffer
Initial levels:	29,239.19 for Dow, 3,588.84 for S&P
Buffer levels:	85% of initial levels
Upside leverage:	300%
Cap:	29.4%
Buffer:	15%
Pricing date:	Oct. 11, 2022
Settlement date:	Oct. 14, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	0.65%
Cusip:	48133NYS1

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