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Published on 6/12/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $550,000 capped return enhanced notes linked to Ford Motor

New York, June 12 – JPMorgan Chase Financial Co. LLC priced $550,000 of 0% capped return enhanced notes due Jan. 18, 2024 linked to the common stock of Ford Motor Co., according to a 424B2 filing with the Securities and Exchange Commission.

If the stock gains the payout at maturity will be par plus 175% of the return of the stock capped at par plus 84.65%. Investors will lose 1% for every 1% that the stock declines.

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 return enhanced notes
Underlying stock:Ford Motor Co.
Amount:$550,000
Maturity:Jan. 18, 2024
Coupon:0%
Price:Par
Payout at maturity:If stock gains par plus 175% of stock return capped at par plus 84.65%; 1% loss for every 1% that stock declines
Initial level:$11.56
Upside leverage:175%
Cap:84.65%
Pricing date:July 12, 2022
Settlement date:July 15, 2022
Agent:J.P. Morgan Securities LLC
Fees:2.25%
Cusip:48133LPP1

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