New Issue: JPMorgan prices $1.45 million capped dual directional buffered return enhanced notes

New York, July 20 – JPMorgan Chase Financial Co. LLC priced $1.45 million of 0% capped dual directional buffered return enhanced notes due Oct. 3, 2024 linked to the S&P 500 index, the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains, the payout at maturity will be par plus 150% of that index’s return, capped at par plus 15.3%.

The payout will be par plus the absolute value of the worst performing index return if the worst performing index declines by no more than 15%.

Otherwise, investors will lose 1% for every 1% that the worst performing index declines beyond 15%.

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:	Capped dual directional buffered return enhanced notes
Underlying indexes:	S&P 500 index, Russell 2000 index and Nasdaq-100 index
Amount:	$1,445,000
Maturity:	Oct. 3, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains, par plus 150% of that index’s return, capped at par plus 15.3%; par plus absolute value of worst performing index return if worst performing index declines by no more than 15%; otherwise, 1% loss for every 1% that worst performing index declines beyond 15%
Initial levels:	15,179.21 for Nasdaq-100, 1,888.734 for Russell 2000, 4,450.38 for S&P 500
Cap:	15.3%
Buffer:	15%
Pricing date:	June 30
Settlement date:	July 6
Agent:	J.P. Morgan Securities LLC
Fees:	2.225%
Cusip:	48133XT63

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