New Issue: JPMorgan prices $3.08 million autocallable contingent interest notes on three ETFs

New York, March 22 – JPMorgan Chase Financial Co. LLC priced $3.08 million of autocallable contingent interest notes due Sept. 19, 2024 linked to the Consumer Discretionary Select Sector SPDR Fund, the Energy Select Sector SPDR Fund and the Invesco QQQ Trust, Series 1, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 8.6%, paid monthly, if each underlying fund closes at or above its 70% coupon barrier on the related monthly observation date.

The securities will be called automatically at par if each ETF closes at or above its 85% call threshold on any monthly review date starting Sept. 18, 2023.

At maturity, the payout will be par unless the worst performing ETF finishes below its 60% trigger level, in which case investors will be fully exposed to the decline of the worst performing ETF.

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:	Autocallable contingent interest notes
Underlying ETFs:	Consumer Discretionary Select Sector SPDR Fund, Energy Select Sector SPDR Fund and Invesco QQQ Trust, Series 1
Amount:	$3,081,000
Maturity:	Sept. 19, 2024
Coupon:	8.6%, paid monthly, if each underlying fund closes at or above its 70% coupon barrier on the related monthly observation date
Price:	Par
Payout at maturity:	Par unless the worst performing ETF finishes below its trigger level, in which case investors will be fully exposed to the decline in the worst performing ETF
Call:	Automatically at par if each ETF closes at or above its call threshold on any monthly review date starting Sept. 18, 2023
Initial levels:	$143.17 for Consumer Discretionary Select Sector SPDR Fund, $78.20 for Energy Select Sector SPDR Fund, $306.81 for Invesco QQQ Trust, Series 1
Trigger levels:	$85.902 for Consumer Discretionary Select Sector SPDR Fund, $46.92 for Energy Select Sector SPDR Fund, $184.086 for Invesco QQQ Trust, Series 1, 60% of initial level
Coupon barriers:	$100.219 for Consumer Discretionary Select Sector SPDR Fund, $54.74 for Energy Select Sector SPDR Fund, $214.767 for Invesco QQQ Trust, Series 1, 70% of initial levels
Call threshold:	85% of initial levels
Pricing date:	March 16
Settlement date:	March 21
Agent:	J.P. Morgan Securities LLC
Fees:	2.225%
Cusip:	48133VCA6

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