New Issue: JPMorgan prices $500,000 uncapped buffered return enhanced notes on index, ETFs

Chicago, Feb. 27 – JPMorgan Chase Financial Co. LLC priced $500,000 of 0% uncapped buffered return enhanced notes due May 13, 2027 linked to the least performing of the Russell 2000 index, SPDR S&P 500 ETF Trust and iShares Russell 2000 Value 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 144% of the return of the worst performing asset. The payout will be par if the worst performing asset declines but by no more than the 20% 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:	Uncapped buffered return enhanced notes
Underlying assets:	Russell 2000 index, SPDR S&P 500 ETF Trust and iShares Russell 2000 Value ETF
Amount:	$500,000
Maturity:	May 13, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing asset gains par plus 144% of worst performing asset return; par if worst performing asset declines but by no more than 20% buffer; 1% loss for every 1% that worst performing asset declines beyond the buffer
Initial levels:	1,762.080 for Russell, $398.17 for S&P 500 ETF, $143.51 for Russell ETF
Upside leverage:	144%
Cap:	None
Buffer:	20%
Pricing date:	May 9, 2022
Settlement date:	May 12, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	4.125%
Cusip:	48133FM51

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