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Published on 5/25/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.72 million capped buffered equity notes linked to Russell, S&P

Chicago, May 25 – JPMorgan Chase Financial Co. LLC priced $1.72 million of 0% capped buffered equity notes due Nov. 3, 2022 linked to the lesser performing of the Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains the payout at maturity will be par plus 100% of the return of the worst performing index capped at par plus 7.25%. The payout will be par if the worst performing index declines but by no more than the 20% buffer. Investors will lose 1% for every 1% that the worst performing index 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 indexes:Russell 2000 index and S&P 500 index
Amount:$1,715,000
Maturity:Nov. 3, 2022
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains par plus 100% of worst performing index return capped at par plus 7.25%; par if worst performing index declines but by no more than 20% buffer; 1% loss for every 1% that worst performing index declines beyond the buffer
Initial levels:2,297.979 for Russell, 4,596.42 for S&P
Upside leverage:100%
Cap:7.25%
Buffer:20%
Pricing date:Oct. 28, 2021
Settlement date:Nov. 2, 2021
Agent:J.P. Morgan Securities LLC
Fees:0.725%
Cusip:48132YHT5

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