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Published on 4/2/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $5.64 million digital contingent buffered notes linked to Russell, S&P

New York, April 2 – JPMorgan Chase Financial Co. LLC priced $5.64 million of 0% digital contingent buffered notes due July 1, 2025 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index finishes at or above 65% of its initial level, the payout at maturity will be par plus 9.35%.

Otherwise, investors will lose 1% for each 1% that the worst performing index declines from its 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:$5,635,000
Maturity:July 1, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above 65% of its initial level, par plus 9.35%; otherwise, full exposure to the decline of worst performing index from its initial level
Initial levels:2,079.200 for Russell 2000, 5,231.90 for S&P 500
Digital payment:9.35%
Contingent buffer:35%
Strike date:March 26
Pricing date:March 27
Settlement date:April 4
Agent:J.P. Morgan Securities LLC
Fees:0.5%
Cusip:48134XNK7

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