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Published on 2/7/2024 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $515,000 0% buffered digital notes linked to three indexes

Chicago, Feb. 7 – JPMorgan Chase Financial Co. LLC priced $515,000 of 0% buffered digital notes due May 22, 2025 linked to the least performing of the Nasdaq-100 index, Dow Jones industrial average and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are non-callable.

If the worst performing index gains or declines but by no more than its 30% buffer the payout at maturity will be par plus 13.35%. Investors will lose 1% for every 1% the worst performing index declines beyond its 30% buffer.

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 digital notes
Underlying indexes:Nasdaq-100 index, Dow Jones industrial average and S&P 500 index
Amount:$515,000
Maturity:May 22, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains or declines but by no more than 30% buffer, par plus 13.35%; 1% loss for every 1% that worst performing index declines beyond the buffer
Call:Non-callable
Initial levels:33,535.91 for Dow, 13,834.62 for Nasdaq, 4,198.05 for S&P
Buffer levels:70% of initial levels
Buffer:30%
Pricing date:May 18, 2023
Settlement date:May 23, 2023
Agent:J.P. Morgan Securities LLC
Fees:0.45%
Cusip:48133WRH3

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