New Issue: JPMorgan prices $399,000 uncapped accelerated barrier notes on unequally weighted basket

Chicago, Nov. 8 – JPMorgan Chase Financial Co. LLC priced $399,000 of 0% uncapped accelerated barrier notes due April 11, 2028 linked to a basket consisting of the S&P 500 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission. The best performing asset will carry a 70% weight and the second-best performing asset will carry a 30% weight.

The payout at maturity will be par plus 1.12 times any basket gain.

The payout will be par if the basket falls by up to 30%. Otherwise, investors will lose 1% for every 1% decline below the basket’s 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:	Uncapped accelerated barrier notes
Underlying basket:	S&P 500 and iShares MSCI EAFE ETF; best performing asset weighted at 70%, second best performing asset weighted at 30%
Amount:	$399,000
Maturity:	April 11, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.12 times any basket gain; par if basket falls by up to 30%; otherwise full exposure to losses
Initial level:	4,105.02 for S&P, $71.94 for ETF
Barrier level:	70% of initial basket level
Pricing date:	April 6, 2023
Settlement date:	April 12, 2023
Agent:	J.P. Morgan Securities LLC
Fees:	1.125%
Cusip:	48133VUR9

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