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Published on 12/15/2022 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.4 million contingent interest notes linked to Nasdaq-100, S&P 500

New York, Dec. 15 – JPMorgan Chase Financial Co. LLC priced $1.40 million of contingent interest notes due Dec. 14, 2023 linked to the Nasdaq-100 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 8.15%, paid monthly, if each underlying index closes at or above its 60% trigger level on the related monthly observation date.

If the worst performing index finishes at or above its 60% trigger value, the payout at maturity will be par plus the contingent coupon.

Otherwise, investors will lose 1% for every 1% that the worst performing index declines from its 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:Contingent interest notes
Underlying indexes:Nasdaq-100 index and S&P 500 index
Amount:$1,399,000
Maturity:Dec. 14, 2023
Coupon:8.15%, paid monthly, if each underlying index closes at or above its 60% trigger level on the related monthly observation date
Price:Par
Payout at maturity:If worst performing index finishes at or above its 60% trigger value, par; otherwise, 1% loss for every 1% that worst performing index declines from initial level
Initial levels:11,563.33 for Nasdaq-100, 3,934.38 for S&P 500
Trigger values:6,937.998 for Nasdaq-100, 2,360.628 for S&P 500, 60% of initial level
Pricing date:Dec. 9
Settlement date:Dec. 14
Agent:J.P. Morgan Securities LLC
Fees:0.71428%
Cusip:48133PXY4

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