New Issue: JPMorgan prices $3.1 million contingent interest notes linked to Russell, S&P

New York, Jan. 25 – JPMorgan Chase Financial Co. LLC priced $3.1 million of contingent interest notes due Jan. 23, 2026 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 8.25% per year, paid semiannually, if each index closes at or above its 70% trigger value on the relevant observation date.

If the worst performing index finishes at or above its 70% trigger value, the payout at maturity will be par plus the contingent coupon. Otherwise, investors will lose 1% for every 1% that the worst performing index declines from initial level.

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:	Contingent interest notes
Underlying indexes:	Russell 2000 index and S&P 500 index
Amount:	$3,103,000
Maturity:	Jan. 23, 2026
Coupon:	8.25% per year, paid semiannually if each index closes at or above its 70% trigger value on the relevant observation date
Price:	Par
Payout at maturity:	If worst performing index finishes at or above its 70% trigger value, par; otherwise, 1% loss for every 1% that worst performing index declines from initial level
Initial levels:	1,867.336 for Russell 2000, 3,972.61 for S&P 500
Trigger values:	1,307.1352 for Russell 2000, 2,780.827 for S&P 500, 70% of initial level
Pricing date:	Jan. 20
Settlement date:	Jan. 25
Agent:	J.P. Morgan Securities LLC
Fees:	2.5%
Cusip:	48133TLN3

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