New Issue: JPMorgan prices $701,000 capped buffered return enhanced notes linked to Russell, S&P

New York, Nov. 19 – JPMorgan Chase Financial Co. LLC priced $701,000 of capped buffered return enhanced notes due Sept. 29, 2023 linked to the lesser performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If each index closes at or above its initial value, the payout at maturity will be par plus two times any gain of the worst performer with the payout capped at par plus 20.5%.

If the worst performer declines by up to 15%, the payout will be par. Investors will be exposed to any losses of the worst performer beyond 15%.

The agent is J.P. Morgan Securities LLC.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Capped buffered return enhanced notes
Underlying indexes:	Russell 2000, S&P 500
Amount:	$701,000
Maturity:	Sept. 29, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If both indexes finish above initial level, par plus two times return of worst performer, capped at par plus 20.5%; par if worst performer declines by up to 15%; exposure to losses of worst performer beyond 15%
Initial value:	2,221.482 for Russell, 3,974.54 for S&P
Buffer level:	85% of initial levels
Pricing date:	March 26
Settlement date:	March 31
Agents:	J.P. Morgan Securities LLC
Fees:	2.48146%
Cusip:	48132RU73

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