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Published on 10/28/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $50,000 uncapped accelerated barrier notes on index, ETF

Chicago, Oct. 28 – JPMorgan Chase Financial Co. LLC priced $50,000 of 0% uncapped accelerated barrier notes due March 4, 2027 linked to the lesser performing of the Russell 2000 index and iShares MSCI EAFE ETF, 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 175% of the return of the worst performing asset. The payout will be par if the worst performing asset declines but finishes above its 70% barrier. Investors will lose 1% for every 1% that the worst performing asset 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 assets:Russell 2000 index and iShares MSCI EAFE ETF
Amount:$50,000
Maturity:March 4, 2027
Coupon:0%
Price:Par
Payout at maturity:If worst performing asset gains par plus 175% of worst performing asset return; par if worst performing asset declines but finishes above its downside barrier; 1% loss for every 1% that worst performing asset declines if it finishes below its downside barrier
Initial levels:2,048.089 for index, $73.22 for ETF
Upside leverage:175%
Cap:None
Barriers:1,433.6623 for index, $51.254 for ETF, 70% of initial levels
Pricing date:Feb. 28
Settlement date:March 3
Agent:J.P. Morgan Securities LLC
Fees:1.125%
Cusip:48133C7K2

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