New Issue: JPMorgan prices $1.13 million 10.8% callable contingent interest notes on indexes, fund

Chicago, Feb. 2 – JPMorgan Chase Financial Co. LLC priced $1.13 million of callable contingent interest notes due Jan. 8, 2027 linked to the least performing of the Russell 2000 index, S&P 500 index and Utilities Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 10.8%, paid monthly, if each underlier closes at or above its 70% coupon trigger level on the related monthly observation date, plus any previously unpaid coupons.

The securities may be called starting July 10, 2024 at par and on any subsequent quarterly review date.

If the worst performing asset gains or ends above its 70% downside threshold the payout at maturity will be par plus the coupon. Investors will lose 1% for every 1% that the worst performing asset declines if it finishes below its downside threshold 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:	Callable contingent interest notes
Underlying assets:	Russell 2000 index, S&P 500 index and Utilities Select Sector SPDR Fund
Amount:	$1,129,000
Maturity:	Jan. 8, 2027
Coupon:	10.8% annual rate, paid monthly, if each underlier closes at or above its 70% coupon trigger level on the related monthly observation date, plus any previously unpaid coupons
Price:	Par
Payout at maturity:	If worst performing asset finishes at or above its downside threshold level, par; 1% loss for every 1% that worst performing asset declines if it finishes below its downside threshold level
Call:	Starting July 10, 2024 at par and on any subsequent quarterly review date
Initial levels:	1,951.142 for Russell, 4,697.24 for S&P, $64.53 for fund
Coupon trigger levels:	1,365.7994 for Russell, 3,288.068 for S&P, $45.171 for fund, 70% of initial levels
Downside thresholds:	1,365.7994 for Russell, 3,288.068 for S&P, $45.171 for fund, 70% of initial levels
Pricing date:	Jan. 9
Settlement date:	Jan. 12
Agent:	J.P. Morgan Securities LLC
Fees:	0.25%
Cusip:	48134TQL1

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