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Published on 10/24/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $2 million buffered digital notes linked to Russell, S&P

New York, Oct. 24 – JPMorgan Chase Financial Co. LLC priced $2 million of 0% buffered digital notes due Oct. 23, 2024 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index finishes at or above 65% of its initial level, the payout at maturity will be par plus 25.9%.

Otherwise, investors will lose 1% for every 1% the worst performing index declines beyond 35%.

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:Russell 2000 index and S&P 500 index
Amount:$2 million
Maturity:Oct. 23, 2024
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above 65% of its initial level, par plus 25.9%; otherwise, 1% loss for every 1% that worst performing index declines beyond 35%
Initial levels:1,755.956 for Russell 2000, 3,719.98 for S&P 500
Buffer:35%
Pricing date:Oct. 18
Settlement date:Oct. 21
Agent:J.P. Morgan Securities LLC
Fees:0%
Cusip:48133NL97

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