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Published on 11/28/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $12.19 million 10.15% contingent interest notes on Russell 2000, S&P 500

New York, Nov. 28 – JPMorgan Chase Financial Co. LLC priced $12.19 million of contingent interest notes due Nov. 21, 2025 linked to the Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive an annualized coupon of 10.15% if each index closes at or above 70% of its initial level on a quarterly review date.

If the worst performing index gains or ends above its 70% trigger value the payout at maturity will be par plus the contingent coupon. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below its trigger value.

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:Contingent interest notes
Underlying indexes:Russell 2000 index and S&P 500 index
Amount:$12,189,000
Maturity:Nov. 21, 2025
Coupon:10.15%, if each index closes at or above 70% of its initial level on a quarterly review date
Price:Par
Payout at maturity:If worst performing index finishes at or above its 70% trigger value, par; 1% loss for every 1% that worst performing index declines if it finishes below its trigger value
Initial levels:1,849.732 for Russell 2000, 3,965.34 for S&P 500
Trigger values:1,294.8124 for Russell 2000, 2,775.738 for S&P 500, 70% of initial levels
Pricing date:Nov. 18
Settlement date:Nov. 23
Agent:J.P. Morgan Securities LLC
Fees:0%
Cusip:48133PFG3

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