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Published on 10/23/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.68 million capped buffered return enhanced notes on two Nasdaq indexes

New York, Oct. 23 – JPMorgan Chase Financial Co. LLC priced $1.68 million of 0% capped buffered return enhanced notes due April 16, 2026 linked to the Nasdaq-100 index and the Nasdaq-100 Technology Sector 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 211% of the return of that index, capped at par plus 50%.

The payout will be par if the worst performing index declines by no more than 10%. Otherwise, investors will lose 1% for every 1% that the worst performing index declines beyond 10%.

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:Nasdaq-100 index and Nasdaq-100 Technology Sector index
Amount:$1,678,000
Maturity:April 16, 2026
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 211% of that index’s return, capped at par plus 50%; par if worst performing index declines by no more than 10%; otherwise, 1% loss for every 1% that worst performing index declines beyond 10%
Initial levels:15,184.10 for Nasdaq-100, 8,223.82 for Nasdaq-100 Technology Sector
Upside leverage:211%
Cap:50%
Buffer:10%
Strike date:Oct. 12
Pricing date:Oct. 16
Settlement date:Oct. 19
Agent:J.P. Morgan Securities LLC
Fees:0.5%
Cusip:48134BWV1

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