New Issue: JPMorgan prices $949,000 uncapped buffered equity notes linked to indexes

By Kiku Steinfeld

Chicago, Feb. 20 – JPMorgan Chase Financial Co. LLC priced $949,000 of 0% uncapped buffered equity notes due Dec. 19, 2023 linked to the lesser performing of the S&P 500 index, Russell 2000 index and Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by JPMorgan Chase & Co.

If the final level of each index is greater than or equal to its initial level, the payout at maturity will be par plus the least performing index’s return.

If any index falls by up to 20%, the payout will be par.

Otherwise, investors will lose 1% for every 1% that the least performing index declines beyond 20%.

J.P. Morgan Securities LLC is the agent.

Issuer:	JPMorgan Chase Financial Co. LLC
Guarantor:	JPMorgan Chase & Co.
Issue:	Uncapped buffered equity notes
Underlying indexes:	S&P 500 index, Russell 2000 index and Nasdaq-100 index
Amount:	$949,000
Maturity:	Dec. 19, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any gain in the lesser performing index; if any index falls by up to 20%, par; 1% for every 1% that the least performing index declines beyond 20%
Initial levels:	11,700.94 for Nasdaq, 3,957.25 for S&P, 1,861.251 for Russell
Buffer levels:	80% of initial levels
Pricing date:	Nov. 14, 2022
Settlement date:	Nov. 17, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48133PSW4

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