New Issue: JPMorgan prices $250,000 9.75% yield notes linked to Apple

Chicago, May 1 – JPMorgan Chase Financial Co. LLC priced $250,000 of yield notes due June 9, 2023 linked to the common stock of Apple Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 9.75%, paid quarterly.

If the stock gains or ends above its 75% trigger the payout at maturity will be par plus the coupon. Investors will lose 1% for every 1% decline in the stock if it finished below its trigger.

The notes are non-callable.

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:	Yield notes
Underlying stock:	Apple Inc.
Amount:	$250,000
Maturity:	June 9, 2023
Coupon:	9.75% annual rate, paid quarterly
Price:	Par
Payout at maturity:	If stock finishes at or above its 75% trigger, par; otherwise, 1% loss for every 1% that stock declines
Initial level:	$146.14
Trigger:	$109.605, 75% of initial level
Call:	Non-callable
Strike date:	June 6, 2022
Pricing date:	June 7, 2022
Settlement date:	June 10, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	1%
Cusip:	48133GXU2

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