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Published on 5/16/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $500,000 uncapped digital barrier notes linked to indexes

Chicago, May 16 – JPMorgan Chase Financial Co. LLC priced $500,000 of 0% uncapped digital barrier notes due June 23, 2023 linked to the least performing of the Nasdaq-100 index, Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index ends above its initial level, the payout at maturity will be par plus the greater of the worst performing index return and 19.5%.

Investors will receive par if the worst performer declines but finishes above 80% of its initial level.

Investors will lose 1% for every 1% that the worst performing index declines if it finishes below the 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 digital barrier notes
Underlying indexes:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$500,000
Maturity:June 23, 2023
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above initial level, par plus greater of worst performing index return and 19.5%; par if worst performer declines but finishes above barrier level; 1% loss for every 1% that worst performing index declines if it finishes below its barrier
Initial levels:11,832.82 for Nasdaq, 1,800.284 for Russell, 3,900.86 for S&P
Barriers:9,466.256 for Nasdaq, 1,440.2272 for Russell, 3,120.688 for S&P, 80% of initial levels
Digital payment:19.5%
Pricing date:June 16, 2022
Settlement date:June 22, 2022
Agent:J.P. Morgan Securities LLC
Fees:0.6%
Cusip:48133GD75

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