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Published on 2/27/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $1.64 million capped buffered return enhanced notes linked to Russell

New York, Feb. 27 – JPMorgan Chase Financial Co. LLC priced $1.64 million of 0% capped buffered return enhanced notes due July 5, 2024 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, the payout at maturity will be par plus 150% of the return of the index, capped at par plus 25.8%.

The payout will be par if the index declines by no more than 10%. Otherwise, investors will lose 1% for every 1% that the index declines beyond 10%.

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:Capped buffered return enhanced notes
Underlying index:Russell 2000 index
Amount:$1,643,000
Maturity:July 5, 2024
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 150% of index return, capped at par plus 25.8%; par if index declines by no more than 10%; otherwise, 1% loss for every 1% that index declines beyond 10%
Initial level:1,931.945
Upside leverage:150%
Cap:25.8%
Buffer:10%
Pricing date:Jan. 31
Settlement date:Feb. 3
Agent:J.P. Morgan Securities LLC
Fees:0%
Cusip:48133T4V4

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