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Published on 8/14/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $500,000 uncapped buffered return enhanced notes linked to indexes

New York, Aug. 14 – JPMorgan Chase Financial Co. LLC priced $500,000 of 0% uncapped buffered return enhanced notes due March 17, 2027 linked to the Dow Jones industrial average, Nasdaq-100 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 150% of the return of the worst performing index. The payout will be par if the worst performing index declines but by no more than the 25% buffer. Investors will lose 1.33333% 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:Uncapped buffered return enhanced notes
Underlying indexes:Dow Jones industrial average, Nasdaq-100 index and S&P 500 index
Amount:$500,000
Maturity:March 17, 2027
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains par plus 150% of worst performing index return; par if worst performing index declines but by no more than 25% buffer; 1.33333% loss for every 1% that worst performing index declines beyond the buffer
Initial levels:32,381.34 for Dow Jones industrial average, 12,739.72 for Nasdaq-100, 4,110.41 for S&P 500
Upside leverage:150%
Downside leverage:133.333%
Cap:None
Buffer:25%
Pricing date:Sept. 12, 2022
Settlement date:Sept. 15, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.3%
Cusip:48133MXZ8

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