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Published on 6/13/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $6.3 million buffered PLUS linked to S&P 500

New York, June 13 – JPMorgan Chase Financial Co. LLC priced $6.3 million of 0% buffered PLUS due June 12, 2023 linked to the S&P 500 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 14.4%.

Investors will receive par if the index declines by 5% or less and will lose 1% for every 1% that it declines beyond 5%.

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:Buffered PLUS
Underlying index:S&P 500 index
Amount:$6,302,840
Maturity:June 12, 2023
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 200% of index return, subject to a maximum return of par plus 14.4%; par if index declines by 5% or less; otherwise, 1% loss for every 1% that index declines beyond 5%
Initial level:4,132.15
Buffer:5%
Upside leverage:200%
Cap:14.4%
Pricing date:May 31
Settlement date:June 3
Agent:J.P. Morgan Securities LLC
Fees:2.25% including a structuring fee of 0.5%
Cusip:48133E868

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