New Issue: JPMorgan prices $1.06 million uncapped accelerated barrier notes on two ETFs

New York, Jan. 3 – JPMorgan Chase Financial Co. LLC priced $1.06 million of 0% uncapped accelerated barrier notes due Dec. 28, 2027 linked to the SPDR S&P 500 ETF Trust and the iShares Russell 2000 ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing ETF gains, the payout at maturity will be par plus 159.5% of the return of that ETF.

The payout will be par if the worst performing ETF declines but finishes at or above its 70% barrier. Otherwise, investors will lose 1% for every 1% that the worst performing ETF declines from initial 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:	Uncapped accelerated barrier notes
Underlying ETFs:	SPDR S&P 500 ETF Trust and iShares Russell 2000 ETF
Amount:	$1,055,000
Maturity:	Dec. 28, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing ETF gains, par plus 159.5% of that ETF’s return; par if worst performing ETF declines but finishes at or above its downside barrier; otherwise, 1% loss for every 1% that worst performing ETF declines from initial level
Initial levels:	$473.65 for SPDR S&P 500, $201.48 for iShares Russell 2000 ETF
Upside leverage:	159.5%
Barriers:	$331.555 for SPDR S&P 500, $141.036 for iShares Russell 2000 ETF, 70% of initial levels
Pricing date:	Dec. 22
Settlement date:	Dec. 28
Agent:	J.P. Morgan Securities LLC
Fees:	0.6%
Cusip:	48134TCT9

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