JPMorgan plans digital dual directional notes linked to S&P, Russell

New York, June 26 – JPMorgan Chase Financial Co. LLC plans to price 0% digital dual directional notes due Aug. 8, 2022 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final value of each index is greater than or equal to its initial level, the payout at maturity will be par plus the contingent digital return of at least 31%. The exact digital return will be set at pricing.

If either index declines but by no more than the contingent buffer amount of 30%, the payout at maturity will be par plus the absolute value of the worst performing index return.

If the final level of either index is less than its initial level by more than 30%, investors will lose 1% for every 1% that the index level of the worst performing index is less than its initial level.

J.P. Morgan Securities LLC is the agent.

The notes will price on Aug. 3 and settle on Aug. 8.

The Cusip is 48129M4Y9.

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