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Published on 6/28/2023 in the Prospect News Structured Products Daily.

New Issue: JPMorgan sells $3.72 million uncapped buffered return enhanced notes on indexes

Chicago, June 28 – JPMorgan Chase Financial Co. LLC priced $3.72 million of 0% uncapped buffered return enhanced notes due June 4, 2026 linked to the least performing of the Dow Jones industrial average, 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 157% of the return of the worst performing index. The payout will be par if the worst performing index declines but by no more than the 10% 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:Uncapped buffered return enhanced notes
Underlying indexes:Dow Jones industrial average, Russell 2000 index and S&P 500 index
Amount:$3,717,000
Maturity:June 4, 2026
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains par plus 157% of worst performing index return; par if worst performing index declines but by no more than 10% buffer; 1% loss for every 1% that worst performing index declines beyond the buffer
Initial levels:4,179.83 for S&P, 32,908.27 for Dow, 1,749.65 for Russell
Upside leverage:157%
Cap:None
Buffer:10%
Pricing date:May 31
Settlement date:June 5
Agent:J.P. Morgan Securities LLC
Fees:0.35%
Cusip:48133WDH8

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