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Published on 7/10/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $20 million digital contingent buffered notes linked to Russell, S&P

New York, July 10 – JPMorgan Chase Financial Co. LLC priced $20 million of 0% digital contingent buffered notes due April 18, 2024 linked to 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 finishes at or above 70% of initial level, the payout at maturity will be par plus 10.25%.

Otherwise, full exposure to the decline of worst performing index from the initial level.

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:Digital contingent buffered notes
Underlying indexes:Russell 2000 index and S&P 500 index
Amount:$20 million
Maturity:April 18, 2024
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above 70% of initial level, par plus 10.25%; otherwise, full exposure to the decline of worst performing index from initial level
Initial levels:1,802.312 for Russell 2000, 4,124.51 for S&P 500
Digital payment:10.25%
Contingent buffer:30%
Strike date:April 3
Pricing date:April 4
Settlement date:April 10
Agent:J.P. Morgan Securities LLC
Fees:0.4%
Cusip:48133VXG0

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