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Published on 6/17/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.34 million capped buffered return enhanced notes on Dow, S&P

New York, June 17 – JPMorgan Chase Financial Co. LLC priced $1.34 million of 0% capped buffered return enhanced notes due July 13, 2023 linked to the Dow Jones industrial average and the 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 200% of the return of that index, subject to a maximum payout of par plus 14%.

The payout will be par if the worst performing index declines by no more than 15%. Otherwise, investors will lose 1% 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:Capped buffered return enhanced notes
Underlying indexes:Dow Jones industrial average and S&P 500 index
Amount:$1,337,000
Maturity:July 13, 2023
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 200% of that index return, capped at par plus 14%; par if worst performing index declines by no more than 15%; otherwise, 1% loss for every 1% that worst performing index declines beyond 15%
Initial levels:31,392.79 for Dow Jones industrial average, 3,900.86 for S&P 500
Upside leverage:200%
Cap:14%
Buffer:15%
Pricing date:June 10
Settlement date:June 15
Agent:J.P. Morgan Securities LLC
Fees:0%
Cusip:48133GXZ1

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