New Issue: JPMorgan prices $4.29 million 22.85% yield notes on three stocks

Chicago, Sept. 12 – JPMorgan Chase Financial Co. LLC priced $4.29 million of yield notes due Sept. 11, 2025 linked to the least performing of the common stocks of Advanced Micro Devices, Inc., Tesla, Inc. and Upstart Holdings, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 22.85%, paid monthly.

If the worst performing stock gains or ends above its 20% buffer the payout at maturity will be par plus the coupon. Investors will lose 1% for each 1% decline in the worst performing stock beyond its buffer.

The notes are non-callable.

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:	Yield notes
Underlying stocks:	Advanced Micro Devices, Inc., Tesla, Inc. and Upstart Holdings, Inc.
Amount:	$4,286,000
Maturity:	Sept. 11, 2025
Coupon:	22.85% annual rate, paid monthly
Price:	Par
Payout at maturity:	If worst performing stock finishes at or above its 20% buffer, par; otherwise, 1% loss for every 1% that worst performing stock declines beyond its buffer
Initial levels:	$109.28 for AMD, $251.92 for Tesla, $32.61 for Upstart
Buffer:	20%
Call:	Non-callable
Pricing date:	Sept. 6
Settlement date:	Sept. 11
Agent:	J.P. Morgan Securities LLC
Fees:	0.4%
Cusip:	48134AXY6

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