New Issue: JPMorgan prices $650,000 uncapped accelerated barrier notes linked to stocks, ETF

Chicago, Sept. 25 – JPMorgan Chase Financial Co. LLC priced $650,000 of 0% uncapped accelerated barrier notes due Sept. 22, 2023 linked to the least performing of the Apple Inc., Microsoft Corp. and SPDR S&P 500 ETF Trust, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing asset gains the payout at maturity will be par plus 214% of the return of the worst performing asset. The payout will be par if the worst performing asset declines but finishes above its 80% barrier. Investors will lose 1% for every 1% that the worst performing asset declines if it closes below its barrier.

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:	Uncapped accelerated barrier notes
Underlying assets:	Apple Inc., Microsoft Corp. and SPDR S&P 500 ETF Trust
Amount:	$650,000
Maturity:	Sept. 22, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing asset gains par plus 214% of worst performing asset return; par if worst performing asset declines but finishes above its downside barrier; 1% loss for every 1% that worst performing asset declines if it finishes below its downside barrier
Initial levels:	$152.37 for Apple, $245.38 for Microsoft, $390.12 for ETF
Barrier levels:	$121.896 for Apple, $196.304 for Microsoft, $312.096 for ETF, 80% of initial levels
Upside leverage:	214%
Cap:	None
Pricing date:	Sept. 16, 2022
Settlement date:	Sept. 21, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	0.2%
Cusip:	48133NCF3

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