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Published on 12/11/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $530,000 capped buffered return enhanced notes linked to Stoxx

Chicago, Dec. 11 – JPMorgan Chase Financial Co. LLC priced $530,000 of 0% capped buffered return enhanced notes due May 8, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains the payout at maturity will be par plus 200% of the return of the index capped at par plus 40.72%. The payout will be par if the index declines but by no more than the 20% contingent buffer. Investors will be fully exposed to the index loss if it declines beyond the contingent 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 index:Euro Stoxx 50 index
Amount:$530,000
Maturity:May 8, 2025
Coupon:0%
Price:Par
Payout at maturity:If index gains par plus 200% of index return, capped at par plus 40.72%; par if index declines but by no more than 20% contingent buffer; otherwise, full exposure to loss of index
Initial level:4,310.18
Contingent buffer level:80% of initial level
Upside leverage:200%
Cap:40.72%
Buffer:20%
Pricing date:May 3, 2023
Settlement date:May 8, 2023
Agent:J.P. Morgan Securities LLC
Fees:1.5%
Cusip:48133WGX0

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