Alerian MLP Index ETNs due January 28 2044 424B Filings

JPMorgan Chase Financial Company LLC is offering $380,000 of Uncapped Dual Directional Accelerated Barrier Notes linked to the lesser performing of the Dow Jones Industrial Average and the S&P 500 Index, maturing on November 27, 2028 and fully guaranteed by JPMorgan Chase & Co.

The notes provide 1.052x leveraged upside if both indices finish above their initial levels, and a positive, uncapped return equal to the absolute decline of the weaker index (up to 30%) if each index stays at or above 70% of its initial level. If either index closes below this 70% barrier, investors lose 1% of principal for each 1% decline in the lesser performing index and can lose their entire investment.

The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both the issuer and guarantor, and will not be listed on any exchange. The price to public is $1,000 per note, including $9.50 in selling commissions, while the estimated value at pricing was $976.20, reflecting embedded fees, hedging costs and dealer margin.

JPMorgan Chase Financial Company LLC is offering $1,000,000 of Digital Barrier Notes linked to the least performing of the S&P 500, Russell 2000 and Nasdaq-100 indexes, maturing on December 24, 2026 and fully guaranteed by JPMorgan Chase & Co. Investors receive a fixed 7.00% return at maturity per $1,000 note if each index finishes at or above 70% of its initial level.

If any index finishes below 70% but all remain at or above 60% of their initial levels, investors receive only their principal back. If any index closes below 60% of its initial level, repayment is reduced one-for-one with the loss on the worst-performing index, and principal can be entirely lost.

The price to the public is $1,000 per note, including $17.25 in selling commissions, for issuer proceeds of $982.75 per note, or $982,750 in total. The estimated value at pricing was $971.60 per $1,000 note, reflecting embedded selling, structuring and hedging costs, and secondary market prices are expected to be lower than the issue price.

JPMorgan Chase Financial Company LLC is offering $1,326,000 of Auto Callable Contingent Interest Notes due October 26, 2027, linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices. The notes pay a monthly contingent coupon of 0.80% (9.60% per annum) per $1,000 note only if each index closes at or above 80% of its initial level on the relevant review date. Beginning May 21, 2026, the notes are automatically called if each index is at or above its initial level, returning $1,000 plus the applicable coupon.

If the notes are not called and any index finishes below 70% of its initial level at maturity, investors lose principal in line with the decline of the worst index and can lose their entire investment. The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co. The price to public is $1,000 per note, including $22.25 in selling commissions, and the bank’s estimated value is $953.40 per $1,000 note.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $500,000 of Auto Callable Contingent Interest Notes linked to the Class C common stock of Dell Technologies Inc. The notes pay a monthly contingent coupon of 1.83333% (equivalent to 22.00% per annum) for any Review Date on which Dell’s share price is at or above the Interest Barrier of 60.00% of the Strike Value, or $70.44, with previously missed coupons paid later if the barrier is met.

The notes can be automatically called as early as December 22, 2025 if Dell’s share price is at least the Strike Value of $117.40, in which case investors receive $1,000 per note plus applicable coupons and no further payments. If the notes are not called and Dell’s final share price is below the Trigger Value (also 60.00% of the Strike Value), repayment of principal is reduced one-for-one with the stock’s loss, and investors can lose more than 40% or all of their principal. The price to public is $1,000 per note, with estimated value of $981.40, and the notes are unsecured, unsubordinated obligations subject to the credit risk of both the issuer and guarantor and will not be listed on an exchange.

JPMorgan Chase Financial Company LLC is offering $2,200,000 of Auto Callable Contingent Interest Notes linked to the common stock of Tesla, Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent monthly interest of 1.41667% (equivalent to 17.00% per annum) for each Review Date where Tesla’s closing price is at least 50.00% of the Initial Value, with missed interest potentially paid later if the barrier is met on subsequent dates.

The notes may be automatically called on specified Review Dates from May 21, 2026 onward if Tesla’s price is at or above the Initial Value, returning principal plus the applicable interest and any unpaid contingent interest, after which no further payments are made. If not called, investors receive full principal only if the Final Value is at or above the 50.00% Trigger; below this level, maturity payment is reduced one-for-one with Tesla’s decline, and investors can lose more than half or all of their principal.

The price to public is $1,000 per note, including $6 in selling commissions, while the estimated value at pricing is $976.60 per $1,000, reflecting embedded fees and hedging costs. The notes are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., offer no dividends or equity rights in Tesla, are not exchange-listed, and may have limited or unfavorable secondary-market pricing.

JPMorgan Chase Financial Company LLC is issuing $1,089,000 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 monthly contingent coupon of 13.60% per annum (1.13333% per month) only when the Index is at or above 75% of its Initial Value, and can be automatically called quarterly starting November 23, 2026 if the Index is at or above its Initial Value.

The notes provide 15% downside buffer, but if the Final Value falls more than 15% below the Initial Value and the notes are not called, principal losses can reach up to 85%. The Index itself includes a 6.0% per annum daily deduction and a notional financing cost, which act as a drag on performance. The price to public is $1,000 per note, while the issuer’s estimated value is $908.70, and the notes are unsecured, unlisted and subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $437,000 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 quarterly contingent interest of $30.75 per $1,000 note (a 12.30% per annum rate) only if, on a Review Date, the Index closes at or above 60.00% of its Initial Value, set at 3,677.97.

The notes can be automatically called on any Review Date from November 23, 2026 onward (excluding the first three and final Review Dates) if the Index is at or above its Initial Value, returning $1,000 plus the applicable interest, with no further payments. At maturity, if not called and the Index is at or above the 60.00% Trigger Value, holders receive $1,000 plus the final interest; if it is below, repayment is reduced one-for-one with the Index loss, down to zero.

The underlying Index uses leveraged exposure to E-mini S&P 500 futures and is subject to a 6.0% per annum daily deduction, which creates a persistent drag on performance. The notes are unsecured, not FDIC insured, and carry the credit risk of both the issuer and guarantor. The price to public is $1,000 per note, with selling commissions of $42.50 and an estimated value at issuance of $901.00 per $1,000 note.

JPMorgan Chase Financial Company LLC is issuing $497,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, guaranteed by JPMorgan Chase & Co. The notes pay a monthly contingent interest rate of 8.50% per annum ($7.0833 per $1,000) only when the Index is at or above 70% of its initial level, and missed coupons can be paid later if the barrier is met.

The notes can be automatically called starting on November 23, 2026 if the Index is at or above 95% of its initial level, in which case investors receive $1,000 plus due and unpaid contingent interest and no further payments. At maturity on November 26, 2030, principal is protected only down to 85% of the initial Index level; below that, losses increase one-for-one, up to an 85% loss of principal.

The Index includes a 6.0% per annum daily deduction and a notional financing cost on its QQQ exposure, which drag on performance and make it lag a similar index without such charges. The notes are unsecured obligations exposed to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note, with an estimated value of $910.90 per $1,000 at pricing.

JPMorgan Chase Financial Company LLC is issuing $620,000 of callable Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes can be automatically called as early as November 25, 2026 if the Index is at or above the Call Value, paying $1,000 plus a call premium that steps up from 19.20% to 96.00% over 17 Review Dates.

If the notes are not called and the Final Value is at or above a 50.00% barrier, investors receive only their principal at maturity on November 26, 2030. If the Final Value is below the barrier, repayment is reduced 1-for-1 with the Index loss, with the potential for a total loss of principal. The Index includes a 6.0% per annum daily deduction that drags on performance, the notes pay no interest or dividends, and they involve the credit risk of both the issuer and guarantor. The price to public is $1,000 per note, while the estimated value at pricing was $884.50.

JPMorgan Chase Financial Company LLC is issuing $730,000 of auto callable contingent interest notes linked to the Nasdaq-100, Russell 2000 and S&P 500, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a monthly contingent coupon of 7.05% per annum (0.5875% per month) only if on each Interest Review Date all three indices are at or above 70% of their Initial Value. The notes are automatically called on certain quarterly dates if each index is at or above its Initial Value, returning principal plus that period’s interest.

If the notes are not called and any index finishes below its 70% Trigger Value at maturity on November 26, 2027, investors lose 1% of principal for each 1% decline of the worst-performing index and can lose their entire investment. The notes are unsecured obligations subject to the credit risk of both the issuer and guarantor. The price to public is $1,000 per note, including $27 in selling commissions, while the initial estimated value is $942.40 per $1,000 note.

JPMorgan Chase Financial Company LLC is issuing $41,510,000 of unsecured Market Linked Notes, fully and unconditionally guaranteed by JPMorgan Chase & Co., linked to an unequally weighted basket of five equity indices: EURO STOXX 50® (40%), Nikkei 225 (25%), FTSE® 100 (17.5%), Swiss Market Index (10%) and S&P/ASX 200 (7.5%).

The Notes have a 5‑year term, a $1,000 denomination and a 107.00% participation rate. At maturity, if the Basket Return is positive, holders receive $1,000 plus $1,000 × Basket Return × Participation Rate; if the Basket Return is zero or negative, holders receive only their $1,000 principal, with no upside. The Notes pay no interest, do not provide dividends from the indices, and will not be listed on an exchange.

Underwriters charge $35 per $1,000 in selling commissions, so net proceeds to the issuer are $965 per Note. The estimated value at pricing is $956.70 per $1,000, reflecting structuring and hedging costs. For U.S. tax purposes, the Notes are expected to be treated as contingent payment debt instruments, with a comparable yield of 4.59% and a projected single payment of $1,254.82 at maturity used solely for tax accrual calculations.

JPMorgan Chase Financial Company LLC is issuing $18,636,000 of Contingent Income Auto-Callable Securities due November 27, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are linked to the Class A common stock of Palantir Technologies Inc. and are principal at risk.

Investors may receive a contingent quarterly payment of $47.00 per $1,000 (4.70%) for each determination date on which Palantir’s closing price is at least the downside threshold of $77.425, equal to 50% of the $154.85 initial stock price. If on any non-final determination date the stock closes at or above the initial stock price, the notes are automatically redeemed for $1,000 plus the applicable contingent payment and any previously unpaid contingent payments.

If the notes are not called and the final stock price is at or above the downside threshold, investors receive $1,000 plus the final contingent payment and any unpaid prior contingent payments. If the final stock price is below the downside threshold, repayment of principal is reduced 1-to-1 with the stock decline, and the maturity payment will be less than 50% of principal and could be zero. The estimated value on the pricing date is $949.60 per $1,000 note, and the securities will not be listed on any exchange.

JPMorgan Chase Financial Company LLC is offering auto-callable Dual Directional Buffered PLUS linked to the iShares China Large-Cap ETF (FXI), with an aggregate principal amount of $9,019,000 and maturity on November 26, 2027. Each Buffered PLUS has a stated principal amount and issue price of $1,000, pays no interest and is fully and unconditionally guaranteed by JPMorgan Chase & Co., with principal at risk.

If, on the redemption observation date, FXI’s closing price is at or above the initial share price of $38.72, the notes are automatically redeemed for $1,133.00 per Buffered PLUS (113.30% of principal). If not called and FXI finishes above the initial price at maturity, investors receive principal plus 125% of FXI’s positive return. If FXI is flat or down by up to the 10.00% buffer, investors receive principal plus an equal positive return, capped at a 10% gain.

If FXI declines by more than 10.00% and the notes are not called, the payoff is reduced 1% for each 1% drop beyond the buffer, with a minimum payment of $100.00 per Buffered PLUS, meaning up to 90.00% of principal can be lost. The estimated value on the pricing date was $962.60 per $1,000 note, reflecting structuring, distribution and hedging costs, and the notes will not be listed on any exchange.

JPMorgan Chase Financial Company LLC is offering $1,079,000 of Uncapped Buffered Return Enhanced Notes linked to the least performing of the Russell 2000, S&P 500 and EURO STOXX 50, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes run to November 27, 2028 and are designed to pay 2.0825 times any positive performance of the worst-performing index at maturity, with no cap on upside.

If all indices finish at or above their initial levels, or down by no more than the 20% buffer, investors receive full principal back. If any index falls by more than 20%, principal is reduced 1% for each percentage point beyond the buffer, up to an 80% loss of principal, meaning repayment could be as low as $200 per $1,000 note.

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 an exchange, and secondary market prices are expected to be below the $1,000 issue price; the initial estimated value was $971.20 per $1,000 note, reflecting selling, structuring and hedging costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $486,000 of auto-callable structured notes linked individually to the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index, maturing on November 27, 2028. The notes may be automatically called as early as November 30, 2026 if each index is at or above its Call Value, paying $1,000 plus a fixed call premium (for example, $110 on the first Review Date).

The notes do not pay interest or dividends and are unsecured, exposing holders to the credit risk of both issuers. If the notes are not called and the least performing index finishes below its Barrier Amount, investors lose 1% of principal for each 1% decline and could lose their entire investment. The price to public is $1,000 per note, including selling commissions, while the estimated value at pricing was $944.50 per $1,000 note, reflecting embedded costs and hedging assumptions.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $838,000 of Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on November 26, 2030.

The notes can be automatically called on scheduled Review Dates starting November 23, 2026 if the Index closes at or above 90% of its initial level, paying $1,000 plus a call premium that starts at 17.75% and can reach 88.75% per $1,000 by the final Review Date. If the notes are never called and the Index is at or above 50% of the initial level at maturity, investors receive their principal back.

If at maturity the Index is below the 50% barrier, repayment is reduced one-for-one with the Index loss, so investors can lose more than half, up to all, of their principal. The Index includes a 6.0% per annum daily deduction that drags on performance, the notes pay no interest or dividends, and they are unsecured obligations. The price to public is $1,000 per note, while the estimated value at pricing was $926.80.

JPMorgan Chase Financial Company LLC is offering $6,258,000 of callable contingent interest notes linked to the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index, fully guaranteed by JPMorgan Chase & Co.

The notes pay a quarterly contingent interest of $23.50 per $1,000 (a 9.40% annual rate) only if on each review date all three indices are at or above 75% of their initial levels. JPMorgan may redeem the notes early, in whole, on most interest payment dates starting November 27, 2026, at $1,000 plus any due contingent interest.

If held to November 26, 2031 and the final level of any index is below its 75% trigger, repayment is reduced in line with the worst-performing index, so investors can lose more than 25% and up to all principal. The notes are unsecured obligations, with an estimated value at pricing of $958.70 per $1,000, lower than the issue price due to structuring and hedging costs.

JPMorgan Chase Financial Company LLC is issuing $1,033,000 of auto callable contingent interest notes linked individually to the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes offer a Contingent Interest Rate of 10.18% per annum, paid quarterly at 2.545% when, on a Review Date, each index closes at or above 80% of its Initial Value. The notes may be automatically called beginning May 21, 2026 if, on a Review Date (other than the first and final), each index is at or above its Initial Value, returning principal plus the applicable contingent interest.

If the notes are not called and, at maturity, the least performing index finishes below its 75% Trigger Value, investors lose 1% of principal for each 1% decline from its Initial Value and can lose their entire investment. The notes are unsecured, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., have no listing, and the estimated value at pricing was $951.40 per $1,000 note, below the $1,000 issue price due to embedded costs.

JPMorgan Chase Financial Company LLC is offering $980,000 of market-linked securities that are fully and unconditionally guaranteed by JPMorgan Chase & Co. Each security has a $1,000 principal amount and is linked to the lowest performing of the Russell 2000® Index and the EURO STOXX 50® Index.

The notes may be automatically called on the call date if the lowest performing index is at or above its starting level, paying $1,224.00 per security, which includes a 22.40% call premium. If not called, at maturity investors receive $1,000 plus 150.00% of any positive index return, $1,000 if the lowest index is at or above 75% of its starting level, or a reduced amount with full downside exposure if it falls below that 75% threshold, potentially losing all principal.

The price to the public is $1,000.00 per security, with selling commissions of $25.75 and estimated issuer proceeds of $974.25 per security. The estimated value was $949.00 per security, reflecting embedded selling, structuring and hedging costs, and any payments depend on the credit of JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is offering digital buffered notes linked to the S&P 500® Index, targeting a fixed 7.36% return at maturity per $1,000 note if the index is at or above its initial level, or down by up to 15.00%. If the index falls by more than 15.00%, principal is exposed to losses at a leveraged rate of 1.17647% for each additional 1% decline.

The notes price at $1,000 each, with a total offering of $6,024,000.00, and an estimated value of $983.10 per $1,000 note. They are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and pay no periodic interest or dividends. The notes are scheduled to mature on December 9, 2026, will not be listed on an exchange, and secondary market liquidity and pricing are expected to be limited.

JPMorgan Chase Financial Company LLC is issuing $1,003,000 of auto callable contingent interest notes linked individually to the Russell 2000®, S&P 500® and EURO STOXX 50® indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a monthly contingent coupon at a rate of 10.05% per annum only when each index closes at or above 70% of its initial level on the relevant review date.

The notes may be automatically called as early as May 21, 2026 if each index is at or above its initial value, returning principal plus the applicable coupon. If the notes are not called and any index finishes below its trigger value (70% of its initial level) at maturity, investors lose 1% of principal for every 1% decline in the least performing index, potentially up to a total loss. The estimated value is $975.10 per $1,000 note, below the $1,000 issue price, reflecting selling, structuring and hedging costs.

JPMorgan Chase Financial Company LLC is offering $250,000 of Capped 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 run to November 27, 2028 and provide 1.20 times any positive return of the weaker index, capped at a 51.00% maximum return, so the most an investor receives at maturity is $1,510 per $1,000 note.

A 15.00% downside buffer protects against moderate losses, but if either index falls by more than 15.00%, principal declines 1% for each additional 1% drop, up to an 85.00% loss. The notes pay no interest or dividends and expose holders to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note, including $7.50 in selling commissions, while the estimated value at pricing is $977.10 per $1,000 note.

JPMorgan Chase Financial Company LLC is issuing $835,000 of unsecured Callable Contingent Interest Notes linked to the least performing of the Russell 2000, S&P 500 and Nasdaq‑100 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a monthly Contingent Interest Payment of $4.875 per $1,000 (a 5.85% per annum rate) only if, on each Review Date, all three indices close at or above 70% of their Initial Values.

The notes can be redeemed early at the issuer’s option on specified Interest Payment Dates starting November 27, 2026, at $1,000 plus any due contingent interest. At maturity in May 2027, if any index finishes below its 65% Buffer Threshold, principal is reduced 1% for each 1% drop beyond the 35% buffer, for a potential loss of up to 65% of principal. The price to public is $1,000 per note, including $6.50 in selling commissions, and the estimated value at pricing is $989.10 per $1,000 note.

JPMorgan Chase Financial Company LLC is issuing $1,059,000 of Callable Contingent Interest Notes due October 25, 2029, linked separately to the Nasdaq-100® Technology Sector IndexSM, the Russell 2000® Index and the S&P 500® Index, fully guaranteed by JPMorgan Chase & Co.

The notes pay a contingent monthly coupon at a 10.00% per annum rate (0.83333% per month) only when each index closes at or above 77.00% of its initial value. Principal is at risk: if, at final valuation, the least performing index finishes below 70.00% of its initial value, investors lose 1% of principal for each 1% index decline, potentially up to a total loss.

The issuer can redeem the notes early on designated interest payment dates starting May 27, 2026, limiting future coupons. The price to public is $1,000 per note, with estimated value of $939.20 reflecting selling, structuring and hedging costs. The notes are unsecured, not FDIC insured, and expose investors to JPMorgan credit risk, equity market volatility, sector, small-cap and non-U.S. securities risks, and limited liquidity.

JPMorgan Chase Financial Company LLC is offering $406,000 of capped buffered equity notes linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest or dividends and return at maturity 1.00 times any positive Index performance, capped at a maximum return of 30.25%.

Principal is protected only within a 20.00% downside buffer. If the Index is down more than 20% at maturity, investors lose 1% of principal for each additional 1% decline, for a possible loss of up to 80.00% of principal. The notes are unsecured, unsubordinated obligations subject to the credit risk of both the issuer and guarantor.

The per-note price to the public is $1,000, with estimated value at issuance of $974.60 after internal funding and structuring costs. Fees and commissions total $3,357, with net proceeds to the issuer of $402,643. The notes are not bank deposits, are not FDIC insured and will not be listed on an exchange, so liquidity will depend on dealer interest.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $775,000 of Buffered Digital Notes linked to the lesser performing of the S&P 500 Index and the Russell 2000 Index, maturing on November 26, 2027. The notes offer a fixed return of 27.00% at maturity if the final level of each index is at or above its initial level.

Principal is protected only by a 10.00% downside buffer. If either index falls by more than 10% from its initial level, investors lose 1% of principal for each additional 1% decline, up to a maximum loss of 90.00% of principal. The notes pay no periodic interest and do not provide dividends from the underlying stocks.

The price to public is $1,000 per note, including $9.50 in selling commissions, for net proceeds of $990.50 per note to the issuer. The estimated value at pricing was $976.40 per $1,000 note, reflecting selling costs and hedging-related charges, and the notes are unsecured, unsubordinated obligations subject to the credit risk of both issuing and guaranteeing entities.

JPMorgan Financial, fully guaranteed by JPMorgan Chase & Co., is offering $1,050,000 of callable contingent interest notes linked to the Consumer Discretionary Select Sector SPDR Fund, the Russell 2000 Index and the Technology Select Sector SPDR Fund, maturing on October 26, 2027.

The notes pay a contingent interest rate of 12.35% per annum (1.02917% per month) only for review dates when the closing value of each underlying is at or above 70% of its initial value. If any underlying is below this barrier on a review date, no interest is paid for that period. JPMorgan may redeem the notes early on specified interest payment dates starting February 26, 2026, returning principal plus any due interest.

Principal is at risk: if the notes are not redeemed early and the final value of the least performing underlying is below 60% of its initial value, investors lose 1% of principal for every 1% decline, up to a total loss. Even if above 60%, returns are limited to the sum of contingent interest received. The notes are unsecured obligations, not bank deposits or FDIC insured. The estimated value at pricing was $976.30 per $1,000, below the $1,000 issue price due to selling commissions, hedging costs and issuer funding assumptions.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $3,000,000 of Market Linked Securities, Auto-Callable with Contingent Coupon and Contingent Downside Principal at Risk, linked to the lowest performing of the Nasdaq-100® Technology Sector IndexSM, the Dow Jones Industrial Average® and the EURO STOXX 50® Index, due November 27, 2028.

Each $1,000 security pays a 10.30% per annum contingent coupon, but only for quarters when the lowest performing index closes at or above its threshold level, set at 75% of its starting level. From May 2026 to August 2028, if on any quarterly calculation day the lowest performing index is at or above its starting level, the notes are automatically called at par plus the applicable coupon.

If the notes are not called and, on the final calculation day, the lowest performing index is below its threshold level, investors are fully exposed to that index’s decline and can lose more than 25%, up to all, of principal. The price to public is $1,000 per security, including $23.25 in fees and commissions, with issuer proceeds of $976.75 per security and an estimated value of $952.20 per security, reflecting structuring, distribution and hedging costs.

JPMorgan Chase Financial Company LLC is issuing $345,000 of Callable Contingent Interest Notes linked to the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon at an annual rate of 8.10% (0.675% per month) only for review dates when each index closes at or above 70.00% of its initial value, called the Interest Barrier.

The issuer may redeem the notes early, in whole, on specified interest payment dates beginning on February 26, 2026, which would stop future contingent interest. If the notes are not redeemed and, at maturity, the least performing index is below its Trigger Value (70.00% of initial), principal is reduced 1% for every 1% decline in that index and can fall to zero. If the least performing index is at or above its Trigger Value, principal is repaid and any final contingent interest is added.

The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. They are not listed, may have limited or no liquidity, and their initial estimated value is $959.30 per $1,000 note, lower than the $1,000 price to the public due to embedded costs and hedging.

JPMorgan Chase & Co. is offering callable zero coupon notes due December 11, 2050. Each note has a $1,000 principal amount but is sold at $222.638, with no periodic interest and a yield to maturity of 6.10% per year, compounded semiannually on a 30/360 basis.

The notes may be redeemed in whole, but not in part, on June 11 and December 11 of each year from December 11, 2027 through June 11, 2050 at the “Accreted Principal Amount” shown in the accretion schedule, starting at $251.068 per $1,000 on December 11, 2027 and rising to $970.403 on June 11, 2050. If not called, investors receive 100% of principal at maturity, subject to the stated day-count and business-day conventions.

On an event of default, the amount due per $1,000 will be the Accreted Principal Amount on the acceleration date. The notes are unsecured obligations of JPMorgan Chase & Co., and in a resolution scenario losses would be borne by equity holders first and then unsecured creditors, including holders of these notes. The notes are expected to be issued with original issue discount for U.S. federal tax purposes.

JPMorgan Chase Financial Company LLC is issuing $1,752,000 of Auto Callable Contingent Interest Notes linked to the lesser performer of the Nasdaq-100 Technology Sector Index and the VanEck Semiconductor ETF, guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of $7.75 per $1,000 (a 9.30% annual rate) only if on a Review Date each underlying is at or above 70% of its initial value, and they may be automatically called as early as February 23, 2026 if both are at or above their initial values.

If the notes are not called and either underlying finishes below 60% of its initial value at maturity in May 2027, investors lose principal in proportion to the decline and could lose their entire investment. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., are not listed, and the estimated value at pricing was $957.50 per $1,000, below the $1,000 issue price due to selling, structuring and hedging costs.

JPMorgan Chase Financial Company LLC is issuing $1,366,000 of Buffered Digital Notes linked to the S&P 500^® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes offer a fixed 11.10% contingent digital return at maturity if the Index’s final level on the February 22, 2027 observation date is at or above the initial level of 6,602.99.

Principal is protected only by a 15.00% buffer: if the Index is down more than 15.00%, investors lose 1% of principal for each additional 1% decline, with a minimum payout of $150.00 per $1,000 note. The notes pay no interest, provide no dividends, are unsecured, will not be listed, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note, while the estimated value at pricing was $987.20, reflecting embedded structuring and hedging costs.

JPMorgan Chase Financial Company LLC is offering $764,000 of Capped Dual Directional Accelerated Barrier Notes linked to the least performing of the Nasdaq-100 Index, the Energy Select Sector SPDR Fund and the VanEck Semiconductor ETF, maturing on May 25, 2028 and fully guaranteed by JPMorgan Chase & Co.

The notes provide 2.40x leveraged upside on the least performing underlying, capped at a 60.00% maximum upside return (maximum payment of $1,600 per $1,000 note) if all underlyings finish above their initial values. If any underlying is at or below its initial value but all stay at or above 60.00% of initial value, investors receive an uncapped return equal to the absolute loss on the worst performer, up to 40.00% (maximum $1,400 per $1,000 note when the worst underlying is down 40%).

If any underlying closes below its 60.00% barrier, principal is exposed 1:1 to the decline of the least performing underlying, and investors can lose most or all of their investment. The notes pay no interest or dividends, are unsecured obligations subject to JPMorgan credit risk, will not be listed, and may trade at prices below the $1,000 issue price. The estimated value at pricing was $955.50 per $1,000, reflecting embedded selling commissions and hedging costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $500,000 of Auto Callable Accelerated Barrier Notes linked to the lesser performer of the iShares Russell 2000 Value ETF (IWN) and the TOPIX Index, due November 26, 2030. The notes may be automatically called on November 27, 2026 if each underlying is at or above its initial level, paying $1,326 per $1,000 note, which includes a $326 call premium.

If not called and both underlyings finish above their initial values at maturity, holders receive $1,000 plus 3.00 times the gain of the lesser performer. If either underlying finishes between 80% and 100% of its initial value, principal is returned at par. If either finishes below 80% of its initial value, repayment is reduced one-for-one with the loss of the weaker underlying, down to a total loss of principal.

The notes are unsecured, unsubordinated obligations with a per-note price of $1,000, including $4 in selling commissions and an estimated value of $975.30. They pay no interest or dividends, are not exchange-listed, and expose investors to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., as well as significant market, liquidity and structural risks outlined in the risk considerations.

JPMorgan Chase Financial Company LLC is offering auto callable dual directional buffered equity notes linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are issued in $1,000 denominations, with total proceeds of $2,236,935 to the issuer on a total offering of $2,271,000.

The notes may be automatically called on the December 4, 2026 review date if the Index closes at or above the initial level of 6,602.99, paying $1,000 plus a 10.53% call premium per note. If not called, at the November 26, 2027 maturity investors receive uncapped upside if the Index rises, or a positive return equal to the absolute Index move (up to 20%) if the Index is down but within the 20.00% contingent buffer. If the S&P 500 falls by more than 20.00%, principal is reduced one-for-one with the loss. The estimated value at pricing was $973 per $1,000 note, and investors receive no interest or dividends and bear JPMorgan credit risk.

JPMorgan Chase Financial Company LLC is issuing auto callable buffered equity notes linked to the common stock of The Boeing Company. Each note has a $1,000 price to the public with total offering size of $2,148,000 and net proceeds to the issuer of $985 per note, or $2,115,780. If, on the December 4, 2026 Review Date, Boeing’s share price is at or above the Initial Stock Price of $179.70, the notes are automatically called and pay back $1,000 plus a 16.76% call premium.

If the notes are not called and on the November 22, 2027 Valuation Date Boeing’s share price is at or above the Initial Stock Price, investors receive uncapped upside based on the Stock Return, subject to a Contingent Minimum Return of 33.52%. If the Final Stock Price is down by up to the 15.00% buffer, principal is repaid; below that level, losses are magnified by a 1.17647 downside leverage factor, so some or all principal may be lost.

The notes pay no interest or dividends and are unsecured obligations of JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co. The estimated value is $969.70 per $1,000 note, lower than the issue price due to selling commissions, structuring and hedging costs.

JPMorgan Chase Financial Company LLC is offering 568,000 units of Autocallable Leveraged Index Return Notes linked to Meta Platforms, Inc. Class A common stock, each with a $10 principal amount, for a total public offering price of $5,680,000. The notes mature on November 30, 2027 and may be automatically called on December 1, 2026 at $11.88 per unit if Meta’s observation value is at least 100.00% of the Starting Value of $594.25.

If not called, at maturity investors receive 150.00% of any positive return of Meta, a positive “absolute return” on declines up to 30.00% (down to the Threshold Value of $415.98), and 1-to-1 downside below that level, with up to 100.00% of principal at risk. The estimated value is $9.764 per unit, below the $10 public price, reflecting selling, structuring and hedging costs. The notes pay no interest, do not provide Meta dividends, are unsecured obligations guaranteed by JPMorgan Chase & Co., and are expected to have limited or no secondary market liquidity.

JPMorgan Chase Financial Company LLC is offering $1,650,000 of Auto Callable Buffered Equity Notes linked to the common stock of The Boeing Company, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes have a term of about two years, with an automatic call on December 4, 2026 if Boeing’s share price is at or above the initial level, paying $1,000 plus a 13.30% call premium per note. If not called, at maturity investors receive uncapped equity-linked upside, with a Contingent Minimum Return of 26.60% if Boeing’s final price is at or above the initial price.

The structure includes a 25.00% downside buffer; below that threshold, losses are leveraged at 1.33333% of principal for each 1% additional stock decline, so investors can lose some or all principal. The notes pay no interest or dividends, are unsecured obligations with minimum denominations of $10,000, and their initial estimated value is $967.30 per $1,000, below the issue price due to selling, structuring and hedging costs.

JPMorgan Chase Financial Company LLC is offering contingent digital buffered notes linked to the common stock of Micron Technology, Inc., with a total offering size of $2,320,000. The notes pay no interest or dividends but can provide a fixed 22.23% Contingent Digital Return at maturity, giving a maximum payment of $1,222.30 per $1,000 note if Micron’s final stock price is at or above the $201.37 Stock Strike Price, or down by up to 35%.

If Micron’s stock falls by more than 35% from the Strike Price, principal is lost on a leveraged basis: for each 1% beyond the 35% buffer, investors lose 1.53846% of principal, up to a total loss. The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and are subject to both entities’ credit risk. They are expected to settle on or about December 8, 2026, have a minimum denomination of $10,000, are not listed on any exchange, and had an estimated value at pricing of $982.30 per $1,000 note, below the issue price due to selling and hedging costs.

JPMorgan Chase Financial Company LLC is offering $500,000 of contingent digital buffered notes linked to the common stock of Amazon.com, Inc. Each $1,000 note pays a fixed 13.04% return at maturity if Amazon’s final stock price is at or above the $217.14 strike, or down to 20% below it. In that case, investors receive $1,130.40 per note at maturity.

If Amazon’s final stock price is more than 20% below the strike, principal is lost at 1.25% for every 1% drop beyond the 20% buffer, up to a total loss. The notes pay no interest or dividends, have a minimum denomination of $10,000, and mature on December 8, 2026. They are unsecured, unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co. The price to the public is $1,000 per note, including $10 in selling commissions, while the initial estimated value is $982.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable buffered equity notes linked to the Class A common stock of Meta Platforms, Inc., with a total principal amount of $1,750,000.00 priced at $1,000 per note.

The notes may be automatically called on the December 4, 2026 Review Date if Meta’s share price is at or above the Initial Stock Price of $594.25, paying $1,000 plus a 19.09% call premium per note on the Call Settlement Date. If not called and held to the November 26, 2027 Maturity Date, investors get the greater of the stock’s positive return or a Contingent Minimum Return of 38.18%.

The structure includes a 20.00% buffer: if the Final Stock Price is down by up to this amount, principal is returned. Below that level, losses are leveraged at 1.25% for every additional 1% decline, so a large drop in Meta’s stock can result in substantial principal loss. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and will not be listed on any exchange. The estimated value at pricing was $980.00 per $1,000 note, below the price to public due to commissions and hedging costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Contingent Digital Buffered Notes linked to the Class A common stock of Meta Platforms, Inc. The notes have a per-note price of $1,000 and a total offering size of $500,000, with proceeds to the issuer of $495,000 after $5,000 in fees and commissions. If, on the December 3, 2026 valuation date, Meta’s share price is at or above the $589.15 stock strike price, or down by up to 20%, investors receive a fixed return of 13.69%, for a maximum maturity payment of $1,136.90 per $1,000 note on December 8, 2026. If Meta’s final stock price is more than 20% below the strike, principal is exposed to a leveraged downside at 1.25% loss for each additional 1% decline, potentially resulting in a full loss of principal. The notes pay no interest or dividends, will not be listed on an exchange, and their value and payments are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase & Co. is offering callable fixed rate notes due December 12, 2033, that pay interest at 4.55% per annum. Investors receive annual interest on December 12 of each year, beginning in 2026, and repayment of principal at maturity if the notes have not been redeemed earlier. The notes may be called at the issuer’s option on the 12th calendar day of March, June, September and December from 2027 through September 2033 at par plus accrued interest.

The price to the public is generally $1,000 per $1,000 principal amount, with eligible institutional or fee-based accounts paying between $980.10 and $1,000. Selling commissions are expected to be about $8.75 per $1,000 note and will not exceed $25.00. The notes are unsecured obligations of JPMorgan Chase & Co., rank behind creditors of its subsidiaries in a resolution, and are subject to detailed U.S. federal income tax rules as fixed-rate debt instruments.

JPMorgan Chase Financial Company LLC is offering $3,475,000 of Capped Dual Directional Contingent Buffered Equity Notes linked to the S&P 500® Index. The notes have a Maximum Upside Return of 10.00%, so the most an investor can receive at maturity if the Index return is positive is $1,100 per $1,000 note. If the Index falls by up to the Contingent Buffer Amount of 20.10%, investors receive the absolute value of the loss as a positive return, up to a maximum of $1,201 per $1,000 note. If the Index declines by more than 20.10%, principal is lost 1-for-1 and investors can lose their entire investment. The notes pay no interest or dividends, are unsecured obligations of JPMorgan Chase Financial Company LLC fully and unconditionally guaranteed by JPMorgan Chase & Co., and carry an estimated value at pricing of $982.40 per $1,000 note. The offering price is $1,000 per note, with $10 in selling commissions and $990 in proceeds to the issuer.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $784,000 of Auto Callable Contingent Interest Notes linked to the Class A common stock of Palantir Technologies Inc. (PLTR), maturing on May 26, 2027.

The notes pay a monthly contingent coupon of $14.6667 per $1,000 (a 17.60% per annum rate) only if Palantir’s share price on a Review Date is at or above the Interest Barrier of 50% of the Initial Value, which is $77.425. Missed coupons can be made up later if the barrier is met on a future Review Date.

The notes are automatically called on specified Review Dates if the stock closes at or above the Initial Value of $154.85, returning principal plus the due coupon and any unpaid coupons, with no further payments. If the notes are not called and Palantir’s final share price falls below the Trigger Value (also 50% of the Initial Value), investors’ principal repayment is reduced one-for-one with the stock decline, potentially resulting in a loss of more than half, up to all, of their investment.

The notes are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., are not listed on an exchange, and have an estimated value at pricing of $954.20 per $1,000 due to embedded fees, hedging costs and dealer compensation.

JPMorgan Chase Financial Company LLC is offering $2,422,000 of Auto Callable Accelerated Barrier Notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are issued in $1,000 minimum denominations, priced at 100% of principal, with issuer proceeds of $2,373,560 after $48,440 in selling fees.

The notes may be automatically called as early as February 26, 2027 if the Index closes at or above 100% of its initial level, paying $1,000 plus a call premium based on a 23.50% annualized Call Premium Rate. If held to maturity on November 26, 2032 and not called, investors receive 3.00 times any positive Index return, principal back if the Index stays at or above 50% of its initial value, and a 1:1 loss below that barrier, exposing them to losses greater than 50% and potentially all principal.

The Index embeds a 6.0% per annum daily deduction and a notional financing cost on the QQQ Fund, which drag on performance and can cause underperformance versus similar indices without such charges. The notes are unsecured, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and have an estimated value of $922.10 per $1,000 at pricing, below the issue price.

JPMorgan Chase Financial Company LLC is offering $501,000 of market-linked notes, fully guaranteed by JPMorgan Chase & Co., linked to Shopify Inc.’s Class A subordinate voting shares and maturing on November 26, 2027. Each $1,000 security pays a 16.00% per annum contingent coupon, due monthly only if Shopify’s closing price on the related calculation day is at or above the threshold price of $110.85, which is 75% of the starting price of $147.80.

The notes are auto-callable from February 2026 through October 2027 if Shopify’s closing price on a calculation day is at or above the starting price, in which case investors receive principal plus the final coupon. If the notes are not called and the final price is at or above the threshold, investors receive $1,000 per note at maturity; below the threshold, payment is $1,000 + $1,000 × (stock return + 25% buffer), exposing holders to up to a 75% loss of principal. The estimated value is $961.00 per security versus a $1,000 price to the public, reflecting selling commissions and hedging costs. These securities are not bank deposits, are not FDIC insured and carry risks described in detail in the risk sections.

JPMorgan Chase Financial Company LLC is issuing $1,747,000 of unsecured Callable Contingent Interest Notes linked to the Nasdaq-100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of $7.50 per $1,000 each month (a 9.00% per annum rate) only if, on a Review Date, the closing level of each index is at least 70% of its Initial Value; otherwise no interest is paid for that period.

The issuer may redeem the notes early, in whole but not in part, on specified Interest Payment Dates beginning on May 27, 2026, returning $1,000 per note plus any applicable contingent interest. If the notes are not redeemed and on the final Review Date in November 2028 any index is below its 70% trigger, investors’ maturity payment is reduced in line with the worst-performing index and they can lose more than 30% and up to all principal. The price to public is $1,000 per note, including $29.50 in selling commissions, while the issuer’s estimated value is $941.80 per $1,000 note.

JPMorgan Chase Financial Company LLC is offering $525,000 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 10.00% per annum contingent coupon (0.83333% monthly) only when the Index closes at or above 75% of its Initial Value, with missed coupons potentially paid later if the barrier is met on a future review date.

The notes can be automatically called starting on November 23, 2026 if the Index is at or above its Initial Value, returning principal plus the applicable coupon. If not called and the final Index level is below 85% of the Initial Value, principal is reduced 1-for-1 beyond a 15% buffer, for a possible loss of up to 85%. Returns are further constrained because the Index embeds a 6.0% per annum daily deduction and a notional financing cost, and investors face the unsecured credit risk of JPMorgan Financial and JPMorgan Chase & Co. The estimated value is $913.10 per $1,000 note.