New Issue: JPMorgan prices $870,000 uncapped accelerated barrier notes on ETFs

Chicago, Feb. 22 – JPMorgan Chase Financial Co. LLC priced $870,000 of 0% uncapped accelerated barrier notes due Jan. 15, 2027 linked to the lesser performing of the Invesco QQQ Trust, Series 1 and SPDR S&P 500 ETF Trust, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing ETF gains the payout at maturity will be par plus 136.75% of the return of the worst performing ETF. The payout will be par if the worst performing ETF declines but finishes above its 70% barrier. Investors will lose 1% for every 1% that the worst performing ETF declines if it closes below its 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 accelerated barrier notes
Underlying ETFs:	Invesco QQQ Trust, Series 1 and SPDR S&P 500 ETF Trust
Amount:	$870,000
Maturity:	Jan. 15, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing ETF gains par plus 136.75% of worst performing ETF return; par if worst performing ETF declines but finishes above its downside barrier; 1% loss for every 1% that worst performing ETF declines if it finishes below its downside barrier
Initial levels:	$409.56 for Invesco, $476.68 for SPDR
Barrier levels:	$286.692 for Invesco, $333.676 for SPDR, 70% of initial levels
Upside leverage:	136.75%
Cap:	None
Pricing date:	Jan. 12
Settlement date:	Jan. 18
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48134TSA3

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