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

New Issue: JPMorgan prices $933,000 uncapped digital barrier notes on indexes

Chicago, Aug. 14 – JPMorgan Chase Financial Co. LLC priced $933,000 of 0% uncapped digital barrier notes due July 30, 2026 linked to the least performing of the Dow Jones industrial average, Nasdaq-100 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index ends above its 70% barrier the payout at maturity will be par plus the greater of the worst performing index return and 22.5%. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below the barrier.

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 digital barrier notes
Underlying indexes:Dow Jones industrial average, Nasdaq-100 index and S&P 500 index
Amount:$933,000
Maturity:July 30, 2026
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above its 70% barrier, par plus greater of worst performing index return and 22.5%; 1% loss for every 1% that worst performing index declines if it finishes below its barrier
Initial levels:35,520.12 for Dow, 15,499.26 for Nasdaq, 4,566.75 for S&P
Barrier levels:24,864.084 for Dow, 10,849.482 for Nasdaq, 3,196.725 for S&P, 70% of initial levels
Digital payment:22.5%
Pricing date:July 26
Settlement date:July 31
Agent:J.P. Morgan Securities LLC
Fees:0%
Cusip:48133YAZ7

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