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Published on 5/12/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $847,000 capped buffered equity notes linked to Russell 2000, SPDR S&P 500

Chicago, May 12 – JPMorgan Chase Financial Co. LLC priced $847,000 of 0% capped buffered equity notes due April 12, 2023 linked to the Russell 2000 Index and SPDR S&P 500 ETF Trust, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset gains the payout at maturity will be par plus 100% of the return of the worst performing asset capped at par plus 24.1%. The payout will be par if the worst performing asset declines but by no more than the 15% buffer. Investors will lose 1% for every 1% that the worst performing asset declines beyond the buffer.

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 equity notes
Underlying assets:Russell 2000 Index and SPDR S&P 500 ETF Trust
Amount:$847,000
Maturity:April 12, 2023
Coupon:0%
Price:Par
Payout at maturity:If worst performing asset gains par plus 100% of worst performing asset return capped at par plus 24.1%; par if worst performing asset declines but by no more than 15% buffer; 1% loss for every 1% that worst performing asset declines beyond the buffer
Initial levels:2,214.958 for index and $434.90 for fund
Upside leverage:100%
Cap:24.1%
Buffer:15%
Pricing date:Oct. 6, 2021
Settlement date:Oct. 12, 2021
Agent:J.P. Morgan Securities LLC
Fees:0.25%
Cusip:48132WQ51

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