Alerian MLP Index ETNs due January 28 2044 424B Filings

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, maturing on December 24, 2030. The notes pay a monthly contingent interest rate of at least 11.00% per annum (at least $9.1667 per $1,000) only when the Index is at or above 70.00% of its Initial Value on a Review Date.

The notes can be automatically called starting on December 21, 2026 if the Index is at or above its Initial Value on specified Review Dates, returning $1,000 plus the applicable interest, with no further payments. At maturity, if not called and the Index is at or above the 70.00% Buffer Threshold, holders receive $1,000 plus the final contingent interest; otherwise, principal is reduced 1% for each 1% Index decline beyond the 30.00% buffer, with up to 70.00% principal loss.

The Index uses leveraged exposure (up to 500%) to the Invesco QQQ Trust, less a 6.0% per annum daily deduction and a notional financing cost, which drag on returns. The notes are unsecured obligations with an estimated value of about $941.60 per $1,000 if priced on the stated date and at least $900.00 at pricing, and are subject to the credit risk of both issuing and guaranteeing entities.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering structured Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on November 30, 2028. Each note has a $1,000 denomination and can be automatically called on scheduled Review Dates starting November 30, 2026 if the Index closes at or above 100% of its initial level, paying back $1,000 plus a call premium that starts at least 25.500% of principal and can reach at least 76.500% on the final Review Date.

If the notes are not called and the Index’s final level is at or above 75% of its initial level, investors receive their $1,000 principal at maturity. If the final level is below 75%, repayment is reduced one-for-one with the Index loss, and investors can lose all principal. The Index uses leveraged exposure of up to 500% to E-mini S&P 500 futures and is subject to a 6.0% per annum daily deduction, which drags performance. The estimated value is approximately $920 per $1,000 note on the trade date and will not be less than $900, and the notes pay no interest or dividends and are unsecured, uninsured obligations subject to JPMorgan credit risk.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Capped Buffered Return Enhanced Notes linked to the S&P 500® Index, maturing on December 9, 2027. These unsecured notes aim to pay 2.00x any positive S&P 500® return at maturity, up to a maximum return of at least 21.75%, corresponding to at least $1,217.50 per $1,000 note.

The structure includes a 10.00% downside buffer. If the Index is flat or down by up to 10%, principal is returned. If the Index is down by more than 10%, holders lose 1% of principal for each 1% decline beyond that buffer, up to a 90.00% loss of principal. The notes pay no interest and do not provide dividends or voting rights on S&P 500® stocks.

The preliminary estimated value is about $987.80 per $1,000 note and will not be less than $950.00, reflecting selling commissions, hedging costs and issuer funding spreads. The notes will not be listed on an exchange, and secondary prices are expected to be below the original issue price and influenced by many market and credit factors.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Buffered Return Enhanced Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. Each note has a $1,000 denomination and a term to December 6, 2028.

At maturity, if all three indices are above their initial levels, investors receive $1,000 plus at least 1.255 times the gain of the worst-performing index. A 30% downside buffer protects against moderate declines; if any index falls more than 30%, repayment is reduced 1% for each additional 1% drop, up to a maximum 70% loss of principal.

The notes pay no interest, provide no dividends, are unsecured and unsubordinated, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. They are not listed on any exchange, and secondary market prices are expected to be below the $1,000 issue price, with an initial estimated value of about $983.50 per note.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Digital Barrier Notes linked to the lesser performance of the S&P 500 Index and the Russell 2000 Index, maturing on December 17, 2029.

The notes provide uncapped, unleveraged upside to any gain in the lesser-performing index, subject to a contingent digital return of at least 45.35%. If both indexes finish at or above their initial levels, investors receive the greater of this digital return or the actual lesser-index gain. If either index is below its initial level but both stay at or above 75% of initial (the barrier), investors receive only principal back. If either index falls below the 75% barrier, repayment is reduced one-for-one with the loss in the lesser-performing index, and principal can be completely lost.

The notes pay no interest or dividends, are unsecured obligations, and will not be listed on an exchange. The indicative estimated value is about $968.40 per $1,000 note and will not be less than $940.00, reflecting structuring and hedging costs and creating a value below the issue price at inception.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the common stock of Advanced Micro Devices, Inc. (AMD), each with a $1,000 minimum denomination and maturing on June 7, 2027. The notes pay a monthly contingent coupon at a rate of at least 15.00% per annum (at least $12.50 per $1,000) only if AMD’s closing price on a Review Date is at least 50.00% of the Initial Value; missed coupons can be paid later if this condition is met.

The notes are automatically called on designated Review Dates if AMD’s price is at or above the Initial Value, returning principal plus the applicable coupon and any unpaid coupons. If not called and AMD’s Final Value is at least 50.00% of the Initial Value, investors receive full principal plus the final and any unpaid contingent interest. If the Final Value is below 50.00% of the Initial Value, repayment is reduced one-for-one with AMD’s decline, so investors can lose more than 50.00% and up to all of their principal.

The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, subject to the issuer’s and guarantor’s credit risk, do not pay fixed interest or dividends on AMD, may have limited or no secondary market, and have an estimated value lower than the $1,000 price to public due to selling commissions, structuring and hedging costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering callable contingent interest notes linked individually to the Dow Jones Industrial Average, the Nasdaq-100 Index and the S&P 500 Index, maturing on November 29, 2029. The notes pay a monthly Contingent Interest Payment of at least $7.6667 per $1,000 note (a rate of at least 9.20% per annum) only if on each Review Date all three indices are at or above 70% of their Initial Values, which also serve as Trigger Values.

The issuer may redeem the notes early on specified Interest Payment Dates starting December 2, 2026, returning $1,000 per note plus any applicable Contingent Interest Payment, after which no further payments are made. If held to maturity and any index finishes below its Trigger Value, the repayment is reduced by the negative return of the worst-performing index, so investors can lose more than 30% and up to all of their principal. The estimated value at launch is approximately $969 per $1,000 note and will not be less than $930, reflecting embedded selling costs and hedging expenses.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the Class A common stock of Alphabet Inc. (GOOGL), maturing on December 8, 2027.

The notes pay a contingent interest rate of at least 15.00% per annum, at least 3.75% per quarter, but only for Review Dates when Alphabet’s closing price is at or above 70.00% of the Initial Value. Missed interest can be paid later if the barrier is met on a subsequent Review Date.

The notes are auto callable on Review Dates (other than the first and final) if Alphabet’s price is at or above the Initial Value, with repayment of principal plus due and unpaid interest; the earliest possible call date is June 3, 2026. If not called and the Final Value is at or above 70.00% of the Initial Value, holders receive principal plus all applicable interest at maturity. If the Final Value is below that level, repayment is reduced one-for-one with the stock loss, and investors can lose most or all of their principal.

The minimum denomination is $1,000. The preliminary estimated value is approximately $970.00 per $1,000 note and will not be less than $950.00 per $1,000 when set, reflecting structuring and hedging costs. The notes are unsecured, not FDIC insured, pay no fixed interest, and do not provide dividends or voting rights on Alphabet shares.

JPMorgan Chase & Co. is offering callable fixed rate notes due December 12, 2030. The notes pay a fixed interest rate of 4.10% per annum, with interest paid annually on December 12, starting in 2026, using a 30/360 day count convention. At maturity, holders receive the principal amount plus any accrued and unpaid interest if the notes have not been called.

Beginning December 12, 2027, and on each June 12 and December 12 through June 12, 2030, JPMorgan may redeem the notes in whole at par plus accrued interest, so investors face reinvestment risk if rates fall and the notes are called early. The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits, and are not insured by the FDIC or any government agency.

The disclosure highlights resolution and bail-in style risks: in a bankruptcy or Title II resolution using a single point of entry strategy, losses would be borne first by equity holders and then unsecured creditors, including noteholders, and recoveries could be limited relative to creditors of JPMorgan’s subsidiaries. The supplement also notes potential conflicts of interest, secondary market and liquidity risks, and confirms the notes are expected to be treated as fixed-rate debt instruments for U.S. federal income tax purposes.

JPMorgan Chase & Co. is offering callable fixed rate notes due June 11, 2038. The notes pay a fixed 5.00% annual interest rate, with interest paid in arrears each December 12, beginning in 2026, and on the maturity date. At maturity, holders receive the principal amount plus any accrued and unpaid interest if the notes have not been redeemed earlier.

The issuer may redeem the notes in whole, but not in part, on June 12 and December 12 each year from December 12, 2027 through December 12, 2037 at par plus accrued interest. The notes are issued in $1,000 principal amounts, with a price to the public between $970.10 and $1,000 per $1,000 note for certain institutional and fee-based accounts. Selling commissions are expected to be about $16.00 per $1,000 note and will not exceed $42.50. The notes are unsecured obligations of JPMorgan Chase & Co. and are subject to detailed risk and tax considerations.

JPMorgan Chase & Co. is offering callable step-up fixed rate notes due December 15, 2049. The notes pay interest annually in arrears, starting at a 5.30% per annum fixed rate from December 15, 2025 to December 15, 2037, then stepping up to 5.70% per annum from December 15, 2037 to maturity, using a 30/360 day-count convention.

JPMorgan may redeem the notes at par plus accrued interest on June 15 and December 15 of each year from December 15, 2029 through June 15, 2049, in whole but not in part. The price to the public is expected to be between $940.10 and $1,000 per $1,000 principal amount, with selling commissions generally around $20 and capped at $50 per $1,000.

Holders are unsecured creditors of JPMorgan Chase & Co. and would rank behind creditors of its subsidiaries in a resolution scenario. For U.S. federal income tax purposes, counsel believes the notes will be treated as step-up fixed-rate debt instruments issued without original issue discount.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Callable Range Accrual Notes linked to the 10-year Constant Maturity Treasury (10-Year CMT) rate, maturing on December 18, 2045. The notes pay fixed interest of 8.00% per annum during the initial interest periods through December 18, 2028.

After that, monthly interest becomes variable between 0.00% and 8.00% per annum, depending on how many days in each period the 10-Year CMT rate is at or below 5.00%. If the 10-Year CMT rate is above 5.00% for an entire period, no interest is paid for that month.

The issuer may redeem the notes in whole, but not in part, on the 18th day of each month from December 18, 2028 to maturity at 100% of principal plus accrued interest. Selling commissions would be about $30 per $1,000 principal (not above $50), and the illustrative estimated value is about $936.80 per $1,000 principal, reflecting structuring and hedging costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Step-Up Auto Callable Buffered Equity Notes linked to the S&P 500® Futures Excess Return Index, maturing on December 5, 2030. The notes are issued in $1,000 minimum denominations and pay no periodic interest.

The notes may be automatically called as early as December 7, 2026 if the Index closes at or above preset Call Values, paying $1,000 plus a Call Premium Amount (at least 7.15% on the first Review Date, stepping up on later dates). If held to maturity and not called, investors get full upside exposure to Index gains, principal back if losses are within a 20.00% buffer, and lose 1% of principal for each 1% Index decline beyond that buffer, up to an 80.00% loss. If priced today, the estimated value would be approximately $941.90 per $1,000 note, below the issue price due to selling, structuring and hedging costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Digital Barrier Notes linked to the lesser performing of the S&P 500 Index and the Russell 2000 Index, maturing on December 17, 2030. The notes provide uncapped, unleveraged upside at maturity with a contingent digital return of at least 46.15% if both indices finish at or above their initial levels, and principal repayment if either index is below its initial level but both stay at or above 75% of their initial values.

If either index closes below its 75% barrier on the observation date, repayment is reduced one-for-one with the decline of the lesser performing index, and investors can lose all principal. The notes pay no interest or dividends, are unsecured and unsubordinated, and will not be listed on an exchange. The price to public is $1,000 per note, with an illustrative estimated value of approximately $938.70 and a minimum estimated value of $910.00 per $1,000 note.

JPMorgan Chase & Co. is offering callable fixed rate notes due December 12, 2030. The notes pay a fixed interest rate of 4.25% per annum, with interest payable annually in arrears on December 12 of each year, beginning December 12, 2026, using a 30/360 day count convention.

Starting December 12, 2027, and on each June 12 and December 12 through June 12, 2030, the issuer may redeem the notes in whole at par plus accrued interest. The price to the public will be between $987.60 and $1,000 per $1,000 principal amount for eligible institutional and fee-based advisory accounts. If priced as described, selling commissions would be about $2.50 per $1,000, not to exceed $12.50 per $1,000.

The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits, and are not FDIC insured. In a resolution under U.S. bankruptcy or Title II of the Dodd-Frank Act, losses could be imposed on holders of the notes after equity and other creditors, and recovery could depend on the value realized from JPMorgan Chase & Co.’s subsidiaries.

JPMorgan Chase & Co. is offering callable fixed rate notes due December 11, 2037. The notes pay a fixed interest rate of 4.80% per annum, with interest paid annually on December 12 of each year, starting December 12, 2026, and on the maturity date, based on a 30/360 day count convention.

The issuer may redeem the notes at its option at par plus accrued interest on June 12 and December 12 of each year, from December 12, 2027 through June 12, 2037. The price to the public is expected to be between $972.60 and $1,000 per $1,000 principal amount, and selling commissions are expected to be about $15.50 per $1,000, capped at $40.00. The notes are unsecured obligations of JPMorgan Chase & Co., subject to its resolution and bankruptcy framework, and are not bank deposits or FDIC insured.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Trigger Autocallable Contingent Yield Notes linked to the common stock of Snowflake Inc. These unsecured, unsubordinated notes have an 18‑month term, a $10 issue price per note and pay a contingent coupon of at least 21.25% per annum only when Snowflake’s share price on a monthly Observation Date is at or above a Coupon Barrier set at 60% of the Initial Value.

The notes are automatically called if Snowflake’s closing price on any Observation Date is at or above the Initial Value, returning principal plus that month’s coupon, with no further payments. If not called and the Final Value is at or above the same 60% Downside Threshold, investors receive $10 plus the final coupon; if below, repayment is reduced in proportion to Snowflake’s decline, and principal losses can reach 100%. The estimated value is about $9.744 per $10 note and will not be less than $9.40, reflecting embedded costs, and the notes will not be listed on any exchange.

JPMorgan Chase Financial Company LLC is offering S&P 500®-linked Digital Equity Notes due December 23, 2026, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a principal amount of $1,000 and pays no interest.

At maturity, if the S&P 500® final level is at least 85.00% of the initial level of 6,593.25, investors receive a fixed threshold settlement amount expected to be at least $1,083.00 per $1,000, corresponding to a cap level expected to be at least 108.30% of the initial level. If the index falls more than 15.00%, principal loss is leveraged: for every 1% decline beyond the 15% buffer, the loss is approximately 1.1765% of principal.

The notes are unsecured, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., will not be listed on an exchange, and have an estimated value between $977.90 and $987.90 per $1,000 at pricing, reflecting selling commissions, hedging costs and issuer funding assumptions.

JPMorgan Chase & Co. is offering callable fixed rate notes due December 12, 2045 under a 424B2 pricing supplement. The notes pay annual interest at a fixed 5.50% per annum, calculated on a 30/360 day-count basis, with payments each December 12 starting in 2026.

The issuer may redeem the notes at its option in whole, but not in part, on June 12 and December 12 of each year from December 12, 2027 through June 12, 2045, at par plus accrued interest. The notes are unsecured and unsubordinated obligations of JPMorgan Chase & Co. and are not bank deposits or FDIC insured.

The supplement highlights resolution-planning risk: in a stressed or bankruptcy scenario, losses would be borne first by equity holders and then by unsecured creditors, including holders of these notes, whose claims are structurally junior to creditors of JPMorgan Chase & Co.’s subsidiaries. Selling commissions are paid to dealers by JPMS, and for certain institutional or fee-based accounts, the public offering price per note may range between $950.10 and $1,000 per $1,000 principal amount.

JPMorgan Chase & Co. is offering callable fixed rate notes due December 10, 2032. The notes pay interest annually at a fixed rate of 4.375% per annum, with interest on each $1,000 principal amount calculated using a 30/360 day count and paid in arrears each December 12, beginning in 2026 and ending on the maturity date, unless redeemed earlier.

Starting December 12, 2027 and on each June 12 and December 12 through June 12, 2032, JPMorgan may redeem the notes in whole at par plus accrued interest. For eligible institutional and fee-based accounts, the public offering price per $1,000 note will be between $985.10 and $1,000, and selling commissions are expected to be about $10.00 per $1,000 note, capped at $25.00. The notes are unsecured obligations of JPMorgan Chase & Co. and are subject to resolution strategies in a stress or failure scenario, in which holders rank behind creditors of its subsidiaries and priority and secured creditors.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering market-linked, auto-callable notes due December 15, 2028, with a $1,000 principal amount per security. The notes are linked to the lowest performing of the EURO STOXX 50® Index, the Russell 2000® Index and the Nasdaq‑100® Technology Sector IndexSM and can be automatically called quarterly starting December 17, 2026 if the lowest performing index is at or above its starting level.

If called, investors receive $1,000 plus a call premium starting at 16.100% of principal and rising to at least 48.300% (a payment of at least $1,483.00) if called on the final calculation day. If not called, principal is repaid at maturity only if the lowest performing index on the final calculation day is at or above 75% of its starting level; otherwise repayment is reduced one-for-one with the index loss, with the potential for a complete loss of principal.

The price to the public is $1,000.00 per security, including selling commissions of $25.75, for proceeds to the issuer of $974.25 per security. The estimated value on the pricing date would be approximately $953.30 per security and will not be less than $920.00, reflecting embedded selling, structuring and hedging costs.

JPMorgan Chase & Co. is offering callable fixed rate notes due December 12, 2045. The notes pay fixed interest of 5.30% per annum, with interest paid annually on December 12, beginning in 2026, using a 30/360 day count convention.

Starting on December 12, 2028, and on June 12 and December 12 each year through June 12, 2045, the issuer may redeem the notes at par plus accrued interest, in whole but not in part. The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits and are not insured by the FDIC or any governmental agency.

The disclosure highlights that in a JPMorgan resolution scenario, holders of these notes rank behind creditors of JPMorgan’s subsidiaries and priority and secured creditors. Selling commissions are expected to be about $24.00 per $1,000 note, and will not exceed $50.00 per $1,000 note.

JPMorgan Chase & Co. is offering unsecured, callable fixed rate notes due December 10, 2032 that pay 4.50% per year. Investors receive annual interest in arrears each December 12 from 2026 through 2031 and a final payment of principal plus accrued interest at maturity, if the notes have not been redeemed earlier.

Starting December 12, 2027, and on June 12 and December 12 of each year through June 12, 2032, JPMorgan may redeem the notes at par plus accrued interest. The notes are expected to be sold at $1,000 per note, with certain institutional or fee-based accounts paying between $985.10 and $1,000 per $1,000 principal, and selling commissions currently indicated at about $4.25 per $1,000, capped at $20.00.

The notes are not bank deposits, are not FDIC‑insured and rank as unsecured obligations of JPMorgan Chase & Co. Under its preferred “single point of entry” resolution strategy or a potential Title II resolution, losses could be imposed on these notes after equity and before subsidiary creditors, which may limit recoveries in a failure scenario.

JPMorgan Chase & Co. is offering callable step-up fixed rate notes due December 15, 2043. The notes pay annual interest in arrears, starting at an interest rate of 5.20% per annum from December 15, 2025 to December 15, 2031, then 5.30% per annum to December 15, 2037, and 5.50% per annum to December 15, 2043.

The issuer may redeem the notes in whole on the 15th of March, June, September and December of each year from September 15, 2028 through September 15, 2043, at par plus accrued interest. Interest is calculated on a 30/360 day-count basis, with payments each December 15 beginning in 2026.

The price to the public is between $955.10 and $1,000 per $1,000 principal amount for eligible institutional and fee-based accounts, and selling commissions are expected to be about $19.00 and capped at $50.00 per $1,000. The notes are unsecured obligations of JPMorgan Chase & Co., subject to resolution risks under the Dodd-Frank Act, and are not bank deposits or FDIC insured.

JPMorgan Chase Financial Company LLC is offering Enhanced Trigger Jump Securities linked to a WTI crude oil futures contract, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes have a stated principal amount of $1,000 per security and an aggregate principal amount of $1,512,000, mature on February 22, 2027, and pay no interest.

At maturity, if the final futures contract price is at least 80% of the initial contract price of $58.06, investors receive $1,000 plus a fixed upside payment of $145.50 per security, a 14.55% return. If the final price is below the 80% trigger level, the payoff equals $1,000 multiplied by the ratio of final to initial price, so losses match the percentage decline and the payment can fall to zero. The estimated value on the pricing date is $952.20 per $1,000 note, and the securities will not be listed on any exchange.

JPMorgan Chase & Co. is offering callable fixed rate notes due December 12, 2050 as part of its Series E medium-term note program. The notes pay a fixed 5.40% per annum, with interest paid annually on December 12, beginning in 2026, calculated on a 30/360 basis at $1,000 × Interest Rate × Day Count Fraction per note.

JPMorgan may redeem the notes early, in whole but not in part, on the 12th day of March, June, September and December of each year, from December 12, 2029 through September 12, 2050, at par plus accrued interest. The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits and are not insured by the FDIC or any government agency.

The disclosure highlights resolution and bankruptcy risks under Dodd-Frank “single point of entry” strategies, under which losses could be imposed on unsecured creditors, including holders of these notes, after equity and subject to priority and secured claims. Selling commissions are expected to be about $21.25 per $1,000 note and will not exceed $50.00 per $1,000 note, with certain eligible institutional or advisory accounts paying between $937.60 and $1,000 per $1,000 principal amount.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the common stock of Tesla, Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes can pay a contingent interest of at least 14.20% per annum, paid monthly, for any Review Date on which Tesla’s closing share price is at or above 50.00% of the Initial Value. Missed interest can be made up later if this barrier is met on a future Review Date.

The notes are automatically called, starting March 2, 2026, if Tesla’s share price on a Review Date (other than the first, second and final) is at or above the Initial Value, in which case investors receive $1,000 per note plus applicable interest and no further payments. If the notes are not called and the Final Value is below the 50.00% Trigger Value, the maturity payment is reduced one-for-one with Tesla’s decline and investors can lose more than half, up to all, of their principal.

The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, subject to the credit risk of both the issuer and JPMorgan Chase & Co. The estimated value, if priced on the example date, would be approximately $956.20 per $1,000 note, and will not be less than $900.00 per $1,000 at pricing.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked individually to the Energy Select Sector SPDR Fund (XLE), the Nasdaq-100 Index (NDX) and the S&P 500 Index (SPX), fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a monthly contingent coupon of at least 8.25% per annum (at least $6.875 per $1,000) only if on each Interest Review Date all three underlyings are at or above 70.00% of their Initial Values. Beginning December 7, 2026, the notes are automatically called quarterly if each underlying is at or above its Initial Value, returning $1,000 plus the applicable coupon.

If the notes are not called and, on the final Review Date in 2030, any underlying closes below 70.00% of its Initial Value, investors lose 1% of principal for each 1% decline in the least performing underlying and can lose their entire investment. The notes are unsecured, not FDIC insured, and their value is subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The estimated value at pricing would be approximately $922.40 per $1,000 note and will not be less than $900.00.

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering Callable Range Accrual Notes linked to the 10-Year Constant Maturity Treasury (CMT) Rate, maturing on December 18, 2045. The notes pay a fixed 7.00% per annum during the Initial Interest Periods, with monthly interest payments starting January 18, 2026. After December 18, 2030, interest for each period ranges from 0.00% to 7.00% per annum and depends on how many days the 10-Year CMT Rate is at or below 5.00%.

Beginning December 18, 2030, the issuer may redeem the notes monthly at 100% of principal plus accrued interest. If priced on the date assumed in the document, the estimated value would be approximately $940.10 per $1,000 principal amount and, when finally set, will not be less than $910.00 per $1,000. The notes involve significant risks, including the possibility of 0% interest after the Initial Interest Periods, early redemption risk, limited liquidity, reliance on the calculation agent’s discretion for the 10-Year CMT Rate or any successor rate, and the fact that they are not bank deposits or insured by the FDIC.

JPMorgan Chase Financial Company LLC is offering $5,968,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, due November 26, 2030. The notes pay a contingent coupon of $8.125 per $1,000 (a 9.75% per annum rate, 0.8125% per month) for any Review Date when the Index closes at or above 75% of its Initial Value of 11,743.52. Missed coupons can be paid later if this barrier is met on a subsequent Review Date.

The notes can be automatically called, starting November 23, 2026, if on a Review Date (other than the first eleven and final dates) the Index is at or above its Initial Value, returning $1,000 plus due and unpaid coupons. If held to maturity and the Index is at or above 85% of its Initial Value, investors receive $1,000 plus the final and any unpaid coupons; below that level, principal is reduced 1% for each 1% decline beyond the 15% buffer, with up to 85% loss of principal possible. The notes are unsecured, subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The underlying Index is reduced by a 6.0% per annum daily deduction and a notional financing cost, which drag on performance. The estimated value is $909.40 per $1,000, below the $1,000 issue price.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $3,870,000 of unsecured Callable Contingent Interest Notes linked to the Nasdaq‑100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index, maturing on October 26, 2027.

The notes pay a contingent coupon of 9.35% per year, paid monthly (about $7.79 per $1,000), but only if on each Review Date all three indices are at least 70% of their initial levels. The issuer can redeem the notes early, in whole, on most monthly payment dates starting February 26, 2026, at $1,000 per note plus any due coupon.

If the notes are not redeemed and at maturity any index is below 70% of its initial level, principal is reduced one‑for‑one with the decline of the worst‑performing index, and investors can lose more than 30% and up to all of their money. The notes are not listed, may be hard to sell, and were sold at $1,000 per note versus an estimated value of $953.90, reflecting fees, structuring and hedging costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $87,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on November 26, 2030. The notes pay a contingent coupon of 10.50% per annum (2.625% per quarter), but only for review dates when the Index closes at or above 60.00% of the initial level; otherwise no interest is paid.

The notes are automatically called, starting November 23, 2026, if on certain review dates the Index closes at or above its initial level, returning $1,000 per note plus the applicable interest, with no further payments. If held to maturity and not called, principal is protected only if the final Index level is at or above 50.00% of the initial level; below that, repayment is reduced one-for-one with the Index decline, and investors can lose most or all of principal. The Index includes a 6.0% per annum daily deduction, which reduces its performance, and the estimated value of each $1,000 note at pricing was $886.90, below the $1,000 issue price.

JPMorgan Chase Financial Company LLC is offering $1,278,000 of uncapped digital barrier notes linked to the least performing of the Dow Jones Industrial Average®, the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on November 27, 2028 and are issued in $1,000 minimum denominations.

At maturity, if each index finishes at or above its initial level, investors receive $1,000 plus the greater of a 30.80% contingent digital return or the actual percentage gain of the least performing index. If any index is below its initial level but all are at or above 70% of their initial values, investors receive only principal back. If any index ends below 70% of its initial value, repayment is reduced 1% for each 1% decline of the least performing index, down to a possible total loss.

The notes pay no interest, provide no dividends, and are unsecured obligations subject to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. The price to public is $1,000 per note, including $20 in fees and commissions, while the estimated value was $946.10 per $1,000 at pricing, and the notes are not expected to be listed on any securities exchange.

JPMorgan Chase Financial Company LLC is offering $6,620,000 of Capped Dual Directional Buffered Equity Notes linked to the lesser performer of the Nasdaq-100 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes offer unleveraged upside to index gains with a Maximum Upside Return of 22.60%, and also pay a positive return if the lesser-performing index falls by up to the 10.00% buffer, in which case investors receive the absolute value of that loss, capped at a 10.00% gain. If either index declines by more than 10.00%, investors lose 1% of principal for each additional 1% drop, up to a potential 90.00% loss of principal at maturity.

The notes do not pay interest or dividends and are unsecured, unsubordinated obligations subject to the credit risk of both the issuer and guarantor. The price to the public is $1,000 per note (including $7.25 in selling commissions), with estimated value at issuance of $986.00 per $1,000 note. The notes are expected to settle on or about November 26, 2025 and mature on December 24, 2026, and are not listed on any securities exchange, so liquidity will depend on dealer bidding.

JPMorgan Chase Financial Company LLC is offering $1,000,000 of callable contingent interest notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay a monthly contingent coupon of $5.9583 per $1,000 face amount (a 7.15% per annum rate) only if on each review date all three indices are at or above 70% of their initial levels; otherwise no interest is paid for that month. The issuer can redeem the notes early on specified interest payment dates starting February 26, 2026 at $1,000 plus any due coupon. If held to May 26, 2027 and any index finishes below 60% of its initial level, principal is reduced one-for-one with the worst index’s loss, and investors can lose most or all of their investment. The price to public is $1,000 per note, while the estimated value at pricing was $962.60, reflecting embedded fees and hedging costs.

JPMorgan Chase Financial Company LLC is offering $520,000 of Auto Callable Accelerated Barrier Notes linked to the Nasdaq-100, Russell 2000 and S&P 500, fully guaranteed by JPMorgan Chase & Co. The notes may be automatically called on November 27, 2026 if each index is at or above its Call Value (100% of its initial level), paying $1,000 plus a $183 Call Premium per $1,000 note. If not called and all indices finish above their initial levels on the November 21, 2028 observation date, investors receive 1.5 times the gain of the worst-performing index. If any index finishes below 70% of its initial level, repayment is reduced one-for-one with the loss on the least performing index, and investors can lose all principal. The price to public is $1,000 per note, with an estimated value of $954.80, no interest or dividends, and unsecured credit exposure to JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is offering $819,000 of Auto Callable Contingent Interest Notes linked to the least performing of the Nasdaq-100 Index, the Russell 2000 Index and the SPDR S&P Regional Banking ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of 12.00% per annum (1.00% per month) only if, on a given review date, each underlying is at or above 70% of its initial value, and they may be automatically called beginning May 21, 2026 if each underlying is at or above its initial value. Unless called earlier, the notes mature on October 26, 2027, and if any underlying finishes below 60% of its initial value at final observation, investors lose principal in line with the decline of the worst performer, potentially up to a total loss. The price to public is $1,000 per note, with an estimated value of $969.10, and the notes are unsecured, unsubordinated obligations subject to the credit risk of both the issuer and the guarantor.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $4,500,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on May 25, 2028. Each note has a $1,000 face amount, a price to public of $1,000, selling commissions of $7.50 and proceeds to the issuer of $992.50 per note. The initial estimated value is $947.90 per $1,000 note.

The notes pay a 13.50% per annum contingent interest (3.375% per quarter) only if, on a Review Date, the Index is at or above 65% of its initial level (the Interest Barrier). The notes are automatically called, starting May 21, 2026, if the Index is at or above its initial value, returning $1,000 plus the applicable contingent interest, with no further payments.

If the notes are not called and the Index at final valuation is at or above 60% of its initial level (the Trigger Value), investors receive $1,000 plus any final contingent interest. If it is below the Trigger Value, the payoff is $1,000 plus $1,000 times the Index return, so investors can lose more than 40% and up to all principal. The Index embeds a 6.0% per annum daily deduction, which acts as a persistent drag on performance. Payments are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Accelerated Barrier Notes linked to an unequally weighted basket of the EURO STOXX 50® Index (60%), Nikkei 225 Index (30%) and iShares® China Large-Cap ETF (10%), maturing on December 2, 2030. The notes provide an upside leverage factor of at least 1.54, so if the basket finishes above its initial level, investors receive $1,000 plus 1.54 times the basket gain per $1,000 note.

If the final basket value is at or above 75% of the initial basket value, investors receive full principal back. If it falls below this barrier, the payoff becomes fully exposed to the basket decline, and investors can lose more than 25% and up to all of their principal. The notes pay no interest or dividends and are subject to the credit risk of both the issuer and guarantor.

The minimum denomination is $1,000. If priced on the date referenced, the estimated value would be about $950 per $1,000 note and will not be less than $930 per $1,000 at pricing, reflecting structuring, selling and hedging costs. The notes will not be listed, and secondary market prices are expected to be below the original issue price.

JPMorgan Chase Financial Company LLC is issuing $1,412,000 of auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a quarterly contingent coupon of 2.625% (10.50% per annum) per $1,000 note when the Index is at or above 60% of its initial level of 11,743.52 on a Review Date; no interest is paid if the Index is below this barrier.

Starting November 23, 2026, the notes are automatically called if the Index is at or above its initial level on specified Review Dates, returning $1,000 plus the applicable coupon, with no further payments. If held to maturity on November 26, 2030 and the Index is below 50% of its initial level, principal is reduced one-for-one with the Index loss, and investors can lose more than half or all of their investment.

The Index includes a 6.0% per annum daily deduction and a notional financing cost on its QQQ Fund exposure, which drag on performance. The notes are unsecured obligations, sold at $1,000 per note with proceeds of $950 to the issuer and an estimated value of $897.80 per $1,000 at pricing.

JPMorgan Chase Financial Company LLC is offering $1,531,000 of Capped Dual Directional Buffered Return Enhanced Notes linked to the lesser performing of the Nasdaq-100 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes mature on November 26, 2027 and have a 20.00% downside buffer and 1.25x upside leverage, with a Maximum Upside Return of 21.80%. If both indices rise, holders receive leveraged gains up to this cap. If the lesser-performing index falls by up to 20.00%, holders receive a positive return equal to the absolute decline, capped at 20.00%. If the lesser-performing index falls by more than 20.00%, principal is reduced 1% for each percentage point beyond the buffer, up to an 80.00% loss.

The notes pay no interest, do not provide dividends, are unsecured and unsubordinated, and will not be listed on an exchange. The price to public is $1,000 per note, including $6 in selling commissions, with estimated value of $983.20 per $1,000 and total issuer proceeds of $1,521,814.

JPMorgan Chase Financial Company LLC is offering $351,000 of callable contingent interest notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing on May 26, 2027, and fully guaranteed by JPMorgan Chase & Co.

The notes pay a monthly contingent coupon of $7.625 per $1,000 principal (a 9.15% annual rate) only when the closing level of each index on a review date is at least 70% of its initial level; otherwise no interest is paid for that month. JPMorgan may redeem the notes early on most interest payment dates starting February 26, 2026 at $1,000 plus any applicable coupon.

If the notes are not redeemed early and, at maturity, any index is below 70% of its initial level, principal is reduced one-for-one with the worst index’s loss, so investors can lose more than 30% and up to all of their principal. The public issue price is $1,000 per note, including $22.25 in fees, for net proceeds of $343,190.25, while the estimated value is $962.40 per $1,000.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $586,000 of Auto Callable Contingent Interest Notes due October 26, 2027, linked to the least performing of the Nasdaq-100 Index, the Russell 2000 Index and the SPDR S&P Regional Banking ETF. The notes pay a 10.00% per annum contingent interest (0.83333% per month, or $8.3333 per $1,000) on each review date only if all three underlyings are at or above 70% of their initial values.

The notes may be automatically called starting May 21, 2026 if on a review date (other than the first five and final) each underlying is at or above its initial value, in which case investors receive $1,000 plus the applicable contingent interest and the notes terminate. At maturity, if not called and each underlying is at or above 60% of its initial value, investors receive $1,000 per note plus any final contingent interest. If any underlying finishes below 60% of its initial value, repayment is reduced one-for-one with the worst underlying’s decline, and principal losses can exceed 40% and reach 100%.

The price to the public is $1,000 per note, including $22.25 in selling commissions, for net proceeds to the issuer of $572,961.50. The estimated value at pricing was $953.80 per $1,000 note. The notes are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., and they do not pay fixed interest or any dividends from the underlyings.

JPMorgan Chase Financial Company LLC is offering $2,708,000 of structured “Review Notes” linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be automatically called as early as November 27, 2026 if the Index is at or above its Initial Value, paying $1,000 plus a growing call premium that can reach 82.00% by the final review date. If held to maturity on November 26, 2030 and not called, principal is protected only down to a 15.00% buffer; below that, investors lose 1% of principal for each 1% additional Index decline, up to an 85.00% loss. The notes pay no interest or dividends, are unsecured obligations, and carry credit risk of both the issuer and guarantor. Pricing is $1,000 per note, including $41.50 in fees, with estimated value of $907.90 per $1,000 at issuance.

JPMorgan Chase Financial Company LLC is offering $375,000 of Capped Dual Directional Buffered Equity Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are scheduled to settle on or about November 26, 2025 and mature on May 25, 2028, in minimum denominations of $1,000.

At maturity, investors receive upside equal to the Index return up to a Maximum Upside Return of 73.00%, or, if the Index is flat or down by up to the 15.00% Buffer Amount, a positive return equal to the absolute value of that move, capped at a 15.00% gain. If the Index falls by more than 15.00%, principal is reduced 1% for each additional 1% decline, for a possible loss of up to 85.00% of principal.

The notes pay no interest, are unsecured and unsubordinated obligations of JPMorgan Financial, and any payment depends on the credit of both the issuer and guarantor. The price to public is $1,000 per note, including $27.50 in fees and commissions, and the estimated value at pricing is $958.80 per $1,000 note.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $1,769,000 of Structured Investments "Review Notes" linked to the Dow Jones Industrial Average®, Nasdaq‑100 Index® and Russell 2000® Index, in $1,000 denominations. The notes can be automatically called on scheduled Review Dates starting on November 25, 2026 if each index closes at or above its Call Value, paying back principal plus a Call Premium that starts at 12.75% of principal and rises to 38.25% on the final Review Date.

If the notes are not called and, on the final Review Date, each index stays at or above its 70% barrier, investors receive full principal back at maturity on November 27, 2028. If any index finishes below its barrier, repayment is reduced one‑for‑one with the loss of the least performing index, and investors may lose more than 30% and up to all of their principal. The notes pay no interest or dividends, are unsecured, not FDIC‑insured, and the estimated value at pricing was $952.50 per $1,000 note, below the issue price due to selling, structuring and hedging costs.

JPMorgan Chase Financial Company LLC is offering $400,000 of Callable Contingent Interest Notes linked to the least performing of the Nasdaq-100 Index®, the Russell 2000® Index and the Utilities Select Sector SPDR® Fund, guaranteed by JPMorgan Chase & Co. The notes pay a monthly contingent coupon of $7.9167 per $1,000 (a 9.50% per annum rate) only if on each Review Date all three underlyings are at or above 80.00% of their Initial Values.

The notes can be redeemed early at the issuer’s option on specified Interest Payment Dates starting August 26, 2026, at $1,000 plus any due contingent interest. At maturity, if not redeemed and each underlying is at or above its 80.00% Buffer Threshold, investors receive $1,000 plus the final contingent interest payment; otherwise, principal is reduced 1% for each 1% decline of the least performing underlying beyond the 20.00% buffer, with up to 80.00% of principal at risk.

The price to the public is $1,000 per note, including $9.50 in selling commissions, with proceeds to the issuer of $990.50 per note. The estimated value at pricing was $967.50 per $1,000 note, reflecting selling, structuring and hedging costs. The notes are unsecured, unsubordinated obligations, not deposits, not FDIC insured, and expose investors to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., as well as market, liquidity and underlying-index risks.

JPMorgan Chase Financial Company LLC is offering $5,519,000 of Digital Barrier Notes linked to the lesser performing of the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a fixed return of 10.95% at maturity if, on the December 21, 2026 observation date, the final level of each index is at least 75.00% of its initial level, giving a maturity payment of $1,109.50 per $1,000 note. If either index finishes below its 75.00% barrier, repayment is reduced one-for-one with the decline of the lesser performing index, so investors can lose more than 25% and up to all principal. The notes are unsecured, unsubordinated obligations with an estimated value at pricing of $987.20 per $1,000, do not pay interest or dividends, will not be listed, and expose holders to both market risk in the indices and the credit risk of JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is offering $3,366,000 of Review Notes linked to the lesser performing of the Russell 2000® Index and the EURO STOXX 50® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes have a $1,000 minimum denomination, price to public of $1,000 per note, selling commissions of $28.50 per note and net proceeds to the issuer of $3,270,069, with an estimated value of $950.20 per $1,000 at pricing.

The notes may be automatically called as early as May 21, 2026 if each index is at or above its Call Value (100% of its Initial Value), paying $1,000 plus a Call Premium Amount that steps up from 6.050% to 60.500% of principal over 19 Review Dates through November 21, 2030. If not called, principal is repaid at maturity on November 26, 2030 only if each index’s Final Value is at or above its Barrier Amount, set at 75.00% of its Initial Value.

If either index finishes below its Barrier Amount and the notes have not been called, investors receive $1,000 plus $1,000 times the Lesser Performing Index Return, meaning losses greater than 25.00% of principal and up to a complete loss are possible. The notes pay no interest, provide no dividends on index constituents, are unsecured and unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and may have limited or no secondary market liquidity.