New Issue: JPMorgan sells $300,000 capped barrier notes on Tesla

Chicago, Dec. 7 – JPMorgan Chase Financial Co. LLC priced $300,000 of 0% capped barrier notes due May 2, 2024 linked to the common stock of Tesla, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the stock finishes above its initial value, the payout at maturity will be par plus the gain, with the payout up to a maximum return of 120.4%.

If the stock finishes flat or declines by not more than 40%, the payout will be par. Otherwise, investors will be fully exposed to the decline.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped barrier notes
Underlying stock:	Tesla, Inc.
Amount:	$300,000
Maturity:	May 2, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any stock gain, up to maximum return of 120.4%; par if stock finishes flat or declines by not more than 40%; otherwise, 1% loss for every 1% decline
Initial value:	$225.09
Barrier value:	$135.054, 60% of initial level
Pricing date:	Oct. 27, 2022
Settlement date:	Nov. 1, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	0.35%
Cusip:	48133NX37

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