New Issue: JPMorgan prices $873,000 capped buffered return enhanced notes on Russell, S&P

Chicago, April 17 – JPMorgan Chase Financial Co. LLC priced $873,000 of 0% capped buffered return enhanced notes due May 23, 2024 linked to the lesser performing of the Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains the payout at maturity will be par plus 175% of the return of the worst performing index capped at par plus 33.6%. The payout will be par if the worst performing index declines but by no more than the 15% buffer. Investors will lose 1% for every 1% that the worst performing index declines beyond the buffer.

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 indexes:	Russell 2000 index and S&P 500 index
Amount:	$873,000
Maturity:	May 23, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing index gains par plus 175% of worst performing index return capped at par plus 33.6%; par if worst performing index declines but by no more than 15% buffer; 1% loss for every 1% that worst performing index declines beyond the buffer
Initial levels:	1,773.266 for Russell, 3,901.36 for S&P
Upside leverage:	175%
Cap:	33.6%
Buffer:	15%
Pricing date:	May 20, 2022
Settlement date:	May 25, 2022
Agent:	J.P. Morgan Securities LLC
Fees:	0.75%
Cusip:	48133GEJ8

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