New Issue: JPMorgan prices $1.31 million review notes linked to MerQube US Large-Cap

New York, Feb. 1 – JPMorgan Chase Financial Co. LLC priced $1.31 million of 0% review notes due Jan. 22, 2029 linked to the MerQube US Large-Cap Vol Advantage index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called automatically at a premium of 20% per year if the index closes at or above its initial value on any quarterly review date starting July 17, 2024.

If the index ends at or above its 55% downside threshold, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% that the index declines from initial level.

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:	Review notes
Underlying index:	MerQube US Large-Cap Vol Advantage index
Amount:	$1,306,000
Maturity:	Jan. 22, 2029
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above its downside threshold level, par; otherwise, 1% loss for every 1% that index declines if it finishes below its downside threshold level
Call:	Automatically at a premium of 20% per year if the index closes at or above its initial value on any quarterly review date starting July 17, 2024
Initial level:	2,815.32
Downside threshold:	1,548.426, 55% of initial level
Pricing date:	Jan. 17
Settlement date:	Jan. 19
Agent:	J.P. Morgan Securities LLC
Fees:	5%
Cusip:	48134TPF5

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