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

New Issue: JPMorgan prices $2 million autocallable accelerated barrier notes on Stoxx Europe 600

New York, Aug. 14 – JPMorgan Chase Financial Co. LLC priced $2 million of 0% autocallable accelerated barrier notes due Aug. 8, 2028 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called automatically at a premium of 25% if the index closes at or above its initial value on Aug. 4, 2025.

If the index gains, the payout at maturity will be par plus 275% of the index return.

Investors will receive par if the index declines but ends at or above its 75% barrier and will lose 1% for every 1% that the index declines if it finishes below the barrier 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:Autocallable accelerated barrier notes
Underlying index:Stoxx Europe 600 index
Amount:$2 million
Maturity:Aug. 8, 2028
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above its initial value, par plus 275% of index return; if index declines but finishes at or above its downside threshold level, par; otherwise, 1% loss for every 1% that index declines from its initial level
Call:Automatically at a premium of 25% if the index closes at or above its initial value on Aug. 4, 2025
Initial level:457.93
Upside leverage:275%
Downside threshold:343.4475, 75% of initial level
Strike date:Aug. 3
Pricing date:Aug. 8
Settlement date:Aug. 11
Agent:J.P. Morgan Securities LLC
Fees:0.45%
Cusip:48133Y4U5

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