New Issue: JPMorgan prices $14.08 million dual directional trigger PLUS linked to Russell 2000

New York, July 13 – JPMorgan Chase Financial Co. LLC priced $14.08 million of 0% dual directional trigger PLUS due Oct. 3, 2024 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the index return subject to a maximum return of par plus 14.05%. Investors will receive a 1% gain for each 1% loss if the index declines but finishes above the 80% principal barrier and they will lose 1% for every 1% decline if the index ends below its principal barrier.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent. Morgan Stanley Wealth Management will act as distributor.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Dual directional trigger PLUS
Underlying index:	Russell 2000 index
Amount:	$14,079,000
Maturity:	Oct. 3, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 200% of index return subject to a maximum return of par plus 14.05%; 1% gain for each 1% loss if index declines but ends above principal barrier; full exposure to loss if index ends below principal barrier
Initial level:	1,888.734
Principal barrier:	1,510.9872, 80% of initial level
Upside leverage:	200%
Cap:	14.05%
Pricing date:	June 30
Settlement date:	July 6
Agent:	J.P. Morgan Securities LLC
Distributor:	Morgan Stanley Wealth Management
Fees:	2.25% including a structuring fee of 0.5%
Cusip:	48133XK88

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