Alerian MLP Index ETNs due January 28 2044 424B Filings

JPMorgan Chase Financial Company LLC is offering $2,116,000 of auto callable contingent interest notes linked to the Dow Jones Industrial Average®, the Nasdaq-100® Technology Sector IndexSM and the Russell 2000® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon at an annual rate of 11.00%, credited monthly, but only for review dates when each index closes at or above 70.00% of its Initial Value.

The notes may be automatically called starting on February 23, 2026 if on a review date (other than the first, second and final) each index is at or above its Initial Value, in which case investors receive principal plus the applicable coupon and no further payments. If the notes are not called and the final level of the least performing index is below its 70.00% Trigger Value, repayment of principal is reduced one-for-one with the index decline and investors can lose most or all of their investment. The notes are unsecured, not FDIC insured, will not be listed on an exchange, and had an estimated value on the pricing date of $971.80 per $1,000 note, below the $1,000 issue price due to embedded costs.

JPMorgan Chase Financial Company LLC is issuing $835,000 of Callable Contingent Interest Notes linked to the least performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes offer a Contingent Interest Payment at a rate of 6.80% per annum for each Review Date on which the closing level of every Index is at or above 70.00% of its Initial Value, the Interest Barrier.

The notes have a Buffer Threshold of 65.00% of each Index’s Initial Value, giving a 35.00% Buffer Amount. If the notes are not redeemed early and the Least Performing Index finishes below its Buffer Threshold, investors lose 1% of principal for every 1% decline beyond the 35.00% buffer, up to a 65.00% loss. JPMorgan may redeem the notes early on specified Interest Payment Dates starting November 27, 2026. The price to public is $1,000 per note, with estimated value of $970.70 per $1,000, and the notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is offering $633,000 of callable contingent interest notes linked to the Nasdaq-100® Technology Sector IndexSM, 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 a rate of 9.20% per annum (0.76667% per month) only when, on a Review Date, each index is at or above 70.00% of its Initial Value, which serves as both the Interest Barrier and Trigger Value.

The notes are callable at the issuer’s option on specified interest payment dates starting May 27, 2026, and mature on May 25, 2028 if not redeemed earlier. Principal is not protected: if at maturity the Least Performing Index is below its Trigger Value, investors lose 1% of principal for each 1% decline from its Initial Value and could lose their entire investment. The price to the public is $1,000 per note, with $27 in selling commissions and an estimated value of $946.50, 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 offering $825,000 of callable contingent interest notes linked to the Nasdaq-100® Technology Sector IndexSM, the Russell 2000® Index and the S&P 500® Index, maturing October 26, 2028.

The notes pay a 10.00% per annum contingent coupon (0.83333% per month) only when, on a Review Date, each index closes at or above 76.25% of its Initial Value; otherwise, no interest is paid for that period. If the notes are not called and the least performing index finishes below 70.00% of its Initial Value at maturity, investors lose 1% of principal for each 1% decline and can lose their entire investment. The issuer may redeem the notes early on specified dates starting May 27, 2026. The notes price at $1,000 per unit with estimated value of $945.50, reflecting selling commissions and hedging costs.

JPMorgan Chase Financial Company LLC is offering structured notes linked to the S&P 500® Index with a total offering of $3,572,000, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes provide capped exposure to index moves, with a Maximum Upside Return of 20.25% and a Buffer Amount of 15.00% that allows positive returns on moderate declines, but investors can still lose up to 85.00% of principal if the index falls sharply.

The notes are issued in $1,000 denominations, pay no interest, and do not provide dividends from S&P 500® companies. The price to public is $1,000 per note, including fees and commissions, while proceeds to the issuer are $991.1925 per note, and the estimated value at pricing was $983.20. The notes are unsecured, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., are not FDIC insured, and are expected to have limited or no secondary market liquidity.

JPMorgan Chase Financial Company LLC is offering $250,000 of auto callable contingent interest notes linked separately to the Russell 2000®, S&P 500® and EURO STOXX 50® indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent interest rate of 7.80% per annum (0.65% per month) only for Review Dates when each index closes at or above 70% of its Initial Value. The notes may be automatically called starting on May 21, 2026 if on a Review Date (other than the first five and final) each index is at or above its Initial Value, returning principal plus the applicable interest coupon.

If the notes are not called and the least performing index finishes below its 70% Trigger Value at maturity on October 26, 2027, investors lose 1% of principal for each 1% decline in that index, potentially losing their entire investment. The notes are unsecured, not FDIC insured, not listed on any exchange, and are subject to 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 $953.20, reflecting embedded selling, structuring and hedging costs.

JPMorgan Chase Financial Company LLC is offering $1,910,000 of Series A Digital Equity Notes due December 10, 2026, linked to the S&P 500® Index and fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 principal amount and does not pay interest.

At maturity, if the S&P 500 final level is at least 90% of the initial level of 6,602.99, investors receive a fixed $1,092.50 per $1,000 note, equal to a capped return of 9.25%. If the index falls more than 10%, principal loss is leveraged: for every 1% drop beyond the 10% buffer, the payoff falls about 1.1111%, and a large decline can result in losing the entire investment.

The notes are unsecured obligations of JPMorgan Financial, guaranteed by JPMorgan Chase & Co., and are subject to both entities’ credit risk. They will not be listed on an exchange, may have limited or no secondary liquidity, and were initially priced at 100% despite an estimated value of $984 per $1,000. The tax treatment is uncertain, and holders are directed to detailed risk and tax discussions in the accompanying materials.

JPMorgan Chase Financial Company LLC is offering $2,062,000 of unsecured, auto-callable structured notes linked to the MerQube US Tech+ 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 closes at or above preset call values, paying call premiums that start at $140 and rise to $700 per $1,000 note by the final review date.

If the notes are never called and the Index ends below the 52.25% barrier level, investors lose 1% of principal for each 1% Index decline from the initial level, potentially up to a total loss. The Index embeds a 6.0% per annum daily deduction and a notional financing cost tied to SOFR plus 0.50%, which drag on performance and cause it to lag an equivalent index without these charges. The notes pay no interest or dividends, are not FDIC insured, and have limited liquidity. The estimated value at pricing was $901.70 per $1,000, below the $1,000 issue price, reflecting selling commissions, hedging costs and issuer funding assumptions. Returns also depend on the credit of JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering $5,181,000 of Market Linked Securities tied to the worst performer among Alphabet Class A, Netflix and Broadcom shares. Each security has a $1,000 principal amount, priced at $1,000 with selling fees of $25.75 and issuer proceeds of $974.25 per security. The estimated value at pricing was $931.50, reflecting structuring and hedging costs.

The notes are auto-callable on November 27, 2026 if the lowest-performing stock is at or above its starting price, paying back $1,000 plus a 45.25% call premium ($1,452.50 total). If not called, at maturity on November 27, 2028 investors receive: leveraged upside at a 200% participation rate if the lowest-performing stock finishes above its start; a positive “absolute return” if it is between its starting price and a 50% threshold; or full downside exposure if it falls below that threshold, with potential loss of more than 50% and up to all principal.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $1,235,000 of market-linked notes tied to the lowest performing of four sector ETFs: Technology (XLK), Energy (XLE), Health Care (XLV) and Consumer Staples (XLP), maturing on December 3, 2026.

Each security has a $1,000 principal amount, no interest, and no listing, and is designed to be held to maturity. If the lowest-performing fund rises, investors receive $1,000 plus 100.85% of its percentage gain. If it falls but by no more than the 17.50% buffer, investors receive a positive “absolute return” up to 17.50%. If it falls beyond the buffer, principal is reduced 1-for-1 past that level and investors may lose up to 82.50% of principal.

The price to public is $1,000 per note, including $23.25 in selling commissions, for issuer proceeds of $976.75 per note. The estimated value at pricing was $959.00, reflecting structuring and hedging costs and the issuer’s internal funding rate.

JPMorgan Chase Financial Company LLC is issuing $1,200,000 of auto callable contingent interest notes linked to the Class A common stock of Palantir Technologies Inc., due November 26, 2027 and guaranteed by JPMorgan Chase & Co. The notes pay a quarterly contingent coupon of 5.0625% (20.25% per annum) per $1,000 note when Palantir’s share price on a review date is at least the Interest Barrier of $77.8725, equal to 50.00% of the Strike Value of $155.745.

The notes are automatically called, starting November 20, 2026, if Palantir’s share price on certain review dates is at least the Strike Value, returning $1,000 plus the applicable coupon. If the notes are not called and the final share price is below the Trigger Value (50.00% of the Strike Value), repayment of principal is reduced one-for-one with the stock’s loss, and investors can lose most or all of their investment. The price to public is $1,000 per note, including $5 in selling commissions, for issuer proceeds of $995 per note, and the estimated value is $969.20.

JPMorgan Chase Financial Company LLC is offering $1,900,000 of Callable Contingent Interest Notes linked to the S&P 500® Index, EURO STOXX 50® Index and iShares® Semiconductor ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. Investors receive a monthly contingent coupon of $11.3333 per $1,000 note, equal to a 13.60% per annum rate, only if on each Review Date all three underlyings are at or above 65% of their Strike Values. The notes can be redeemed early at the issuer’s option on specified Interest Payment Dates, starting May 26, 2026, at $1,000 plus any due contingent interest.

Principal is protected only down to 80% of each Underlying’s Strike Value; if any finishes below this Buffer Threshold at maturity, repayment is reduced using a 20% buffer and a 1.25 downside leverage factor, so investors can lose some or all of their principal. The price to the public is $1,000 per note, including $4 in selling commissions, for issuer proceeds of $996 per note, and the initial estimated value is $982.10, reflecting embedded fees and hedging costs. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., pay no fixed interest or dividends, are not listed on an exchange and may have limited or no secondary market liquidity.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $303,000 of callable contingent interest notes linked to the S&P 500 Index, Nasdaq-100 Index and VanEck Semiconductor ETF, maturing on May 26, 2027. The notes pay a 10.20% per annum contingent interest rate (0.85% monthly) only when, on a review date, each underlying is at or above 70% of its initial value; otherwise no interest is paid for that period.

The issuer can redeem the notes early on specified interest payment dates starting May 27, 2026 at $1,000 plus any due contingent interest. If the notes are not called and any underlying finishes below 60% of its initial value, principal is reduced one-for-one with the loss on the worst performer, and investors can lose more than 40% or all of their investment. The notes are unsecured, not FDIC insured, and were sold at $1,000 per note with an estimated value of $958.70 after structuring and distribution costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $1,507,000 of Contingent Interest Notes linked individually to the Russell 2000 Index, the Nasdaq-100 Technology Sector Index and the S&P 500 Index, maturing on November 27, 2028. The notes pay a monthly contingent coupon of $7.5417 per $1,000 (a 9.05% per annum rate) only if, on each Review Date, the closing level of every index is at or above 70% of its Initial Value; otherwise no interest is paid for that month.

At maturity, if each index is at or above its 70% Trigger Value, holders receive their $1,000 principal plus the final coupon. If any index finishes below its Trigger Value, repayment is reduced in line with the worst-performing index, and investors can lose more than 30% and up to all of their principal. The price to public is $1,000 per note, with estimated value of $975.30 due to embedded selling costs and hedging. The notes are unsecured, not FDIC‑insured, will not be listed on an exchange, and carry credit risk of both the issuer and guarantor.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $1,717,000 of market-linked, auto-callable notes tied to NVIDIA Corporation (NVDA), maturing on November 26, 2027. Each security has a $1,000 principal amount.

The notes pay a 10.60% per annum contingent coupon, payable monthly only if NVDA’s closing price on the relevant observation date is at or above the $134.16 threshold, set at 75% of the $178.88 starting price. From May 2026 through October 2027, the notes are auto-callable if NVDA closes at or above the starting price, returning principal plus the applicable coupon.

If not called, investors receive at maturity either full principal back when NVDA is at or above the threshold, or a reduced amount based on NVDA’s loss beyond a 25% downside buffer, with up to 75% principal loss possible. The estimated value is $953.10 per security, below the $1,000 issue price, reflecting fees, hedging costs and dealer compensation.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $521,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, due November 26, 2030. The notes pay a contingent interest rate of 9.50% per annum (2.375% per quarter) only if, on each Review Date, the Index is at or above an Interest Barrier equal to 60% of its Initial Value of 11,743.52. The notes may be automatically called on specified Review Dates starting November 23, 2026 if the Index is at or above the Initial Value, returning $1,000 per note plus the applicable interest, with no further payments.

At maturity, if not called and the Final Value is at or above a 70% Buffer Threshold, investors receive $1,000 plus the final contingent interest; below that level, principal is reduced so that investors can lose up to 70% of principal. The Index embeds a 6.0% per annum daily deduction and a notional financing cost on the QQQ Fund, which acts as a drag on performance and can cause the Index to lag similar strategies without these charges. The notes are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., are not bank deposits, and will not be listed, so liquidity may be limited.

JPMorgan Chase & Co. is offering callable fixed rate notes due December 15, 2055. The notes pay interest annually on December 15, starting in 2026, at a fixed 5.70% per annum on each $1,000 principal amount, using a 30/360 day count convention. JPMorgan may redeem the notes in whole, but not in part, on June 15 and December 15 of each year from December 15, 2027 through June 15, 2055, at par plus accrued interest.

The notes are unsecured and rank behind creditors of JPMorgan’s subsidiaries. Under JPMorgan’s preferred "single point of entry" resolution strategy and similar FDIC Title II concepts, losses would be imposed first on equity and then on unsecured creditors, including holders of these notes, and recovery could be limited in a resolution scenario. The notes are not bank deposits, are not FDIC insured and are not guaranteed by any government agency.

JPMorgan Chase Financial Company LLC is offering $3,547,000 of Uncapped Dual Directional Buffered Return Enhanced Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing on November 26, 2027. The notes provide 1.0325x leveraged upside when all three indices finish above their initial levels, and a “dual directional” feature where declines of up to 20.00% in the worst index generate positive returns up to a maximum payment of $1,200 per $1,000 note if the least performing index return is negative.

Below the 20.00% buffer, investors lose 1% of principal for each additional 1% decline in the least performing index, with up to 80.00% of principal at risk. The notes pay no interest or dividends, are unsecured obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and were priced at $1,000 per note with estimated value of $977.10 and selling commissions of $2.50 per $1,000 note.

JPMorgan Chase Financial Company LLC is offering $610,000 of Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be automatically called as early as November 25, 2026 if the Index closes at or above its Call Value, paying $1,000 plus a growing call premium that reaches 82.500% of principal on the final Review Date.

If the notes are not called and the Index finishes below the 60% Barrier Amount on the final Review Date, repayment is reduced one-for-one with the Index decline, so investors can lose more than 40% and up to all principal. The Index embeds a 6.0% per annum daily deduction, which drags performance and can cause the Index to fall even when its futures strategy is positive. The price to public is $1,000 per note, with selling fees of $50 and issuer proceeds of $950 per note; the estimated value at pricing was $886 per $1,000 note, reflecting structuring and hedging costs and JPMorgan’s internal funding rate.

JPMorgan Chase Financial Company LLC is offering $4,000,000 of unsecured Callable Contingent Interest Notes due November 26, 2030, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a monthly contingent coupon of $8.875 per $1,000 (a 10.65% per annum rate) for any Review Date on which the Nasdaq-100, Russell 2000 and S&P 500 are each at or above 70% of their Initial Value. If any index is below this barrier on a Review Date, no interest is paid for that month.

The issuer may redeem the notes early, in whole, on specified Interest Payment Dates beginning May 27, 2026, at $1,000 plus any due contingent interest. If the notes are not redeemed and, on the final Review Date, any index is below its 70% Trigger Value, investors lose 1% of principal for each 1% decline of the least performing index, potentially losing their entire investment. The notes priced at $1,000 with an estimated value of $973.50 per $1,000 and are not FDIC insured or listed on an exchange.

JPMorgan Chase Financial Company LLC is offering $500,000 of auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay a monthly contingent coupon of 13.50% per annum (1.125% per month, $11.25 per $1,000) only when the Index is at or above 70% of the Initial Value on a Review Date; missed coupons can be paid later if the barrier is subsequently met. Starting November 23, 2026, the notes are automatically called if the Index is at or above the Initial Value on designated Review Dates, returning $1,000 principal plus due and unpaid coupons.

If not called, at maturity in 2029 investors receive full principal only if the Index is at or above 60% of the Initial Value; below that level losses match the Index decline and can reach 100% of principal. The underlying Index uses leveraged S&P 500 E-mini futures and is reduced by a 6.0% per annum daily deduction, which drags performance. The notes are unsecured, subject to JPMorgan Financial and JPMorgan Chase & Co. credit risk, are not listed, and have an estimated value of $941.50 per $1,000, below the issue price.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $2,160,000 of Market Linked Securities tied to the S&P 500® Index, due May 26, 2027. Each security has a $1,000 principal amount, a price to public of $1,000 and proceeds to the issuer of $976.75 per security after selling commissions.

The notes provide 150% leveraged upside participation in the S&P 500® up to a maximum return of 13.75%, capping the maximum maturity payment at $1,137.50 per security. The structure includes a 10% downside buffer: if the index ends between 90% and 100% of its starting level of 6,602.99, investors receive back their $1,000 principal.

If the S&P 500® closes below the threshold level of 5,942.691, repayment is reduced using a multiplier of approximately 1.1111, so investors lose about 1.1111% of principal for every 1% decline beyond the buffer and can lose their entire investment. The estimated value at pricing was $965.20 per security, reflecting embedded selling and hedging costs, and the securities are principal-at-risk, unsecured obligations, not bank deposits and not FDIC insured.

JPMorgan Chase Financial Company LLC is offering $18,826,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of 17.10% per annum (1.425% per month, or $14.25 per $1,000) on each monthly Interest Payment Date if, on the related review date, the Index is at or above 70.00% of the Initial Value.

The notes can be automatically called quarterly starting on May 21, 2026 if the Index is at or above its Initial Value of 3,677.97, returning $1,000 plus the applicable coupon. If not called, at maturity in 2031 investors receive $1,000 per note only if the Index is at or above the Trigger Value of 50.00% of the Initial Value; otherwise, the payoff is $1,000 plus $1,000 times the Index return, exposing investors to losses greater than 50% and potentially a total loss of principal. The Index is reduced by a 6.0% per annum daily deduction, which drags performance, and the notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note, with estimated value of $929.00 and net proceeds to the issuer of $18,656,566.

JPMorgan Chase Financial Company LLC is offering $816,000 of Capped Buffered Enhanced Participation Equity Notes linked to the S&P 500® Index and maturing on March 11, 2027. The notes pay no interest and their payoff depends on index performance from the trade date to the determination date. If the index rises, holders receive 1.5x the index gain, but returns are capped at a maximum settlement amount of $1,150.75 per $1,000 note. If the index falls by up to 10%, investors receive back principal; beyond that 10% buffer, losses are magnified so a large decline can result in a substantial, or even total, loss of principal. The notes are unsecured obligations subject to the credit risk of both JPMorgan Chase Financial Company LLC and its guarantor, JPMorgan Chase & Co. The original issue price is 100% of principal, with an estimated value of $982.40 per $1,000 note after selling commissions of 1.29% and embedded hedging and structuring costs.

JPMorgan Chase Financial Company LLC is offering $1,294,000 of Callable Contingent Interest Notes linked to the lesser performing of the Consumer Discretionary Select Sector SPDR Fund (XLY) and the VanEck Semiconductor ETF (SMH), maturing on November 27, 2028 and fully guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of $10.8333 per $1,000 (a 13.00% per annum rate, 1.08333% monthly) on each Review Date only if both funds close at or above 60.00% of their Initial Values, set at $225.50 for XLY and $326.13 for SMH.

The issuer may redeem the notes early, in whole, on any Interest Payment Date starting February 26, 2026 (except the first, second and final dates), at $1,000 plus any due contingent interest. If held to maturity and neither fund finishes below its Trigger Value (50.00% of its Initial Value), investors receive $1,000 per note plus any final contingent interest. If either fund’s Final Value is below its Trigger Value, principal is reduced in line with the lesser performing fund’s return, and investors can lose more than 50% and up to all of their principal.

The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. They do not pay fixed interest or dividends, may pay no interest at all, are not listed, and may trade at prices below the $1,000 issue price. The estimated value at pricing was $967.10 per $1,000 note, reflecting selling costs and hedging-related factors.

JPMorgan Chase Financial Company LLC is offering $2,047,000 of auto callable contingent interest notes linked to the common stock of QUALCOMM Incorporated (QCOM), fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of $27.50 per $1,000 (an 11.00% per annum rate, 2.75% quarterly) for each Review Date when Qualcomm’s closing price is at least 60% of the Initial Value, or $97.98 based on an Initial Value of $163.30.

The notes can be automatically called on specified Review Dates starting May 21, 2026 if Qualcomm’s price is at or above the Initial Value, returning $1,000 plus due and unpaid contingent interest. If not called and the Final Value is at or above the 60% Trigger Value, investors receive full principal plus contingent interest. If the Final Value is below the Trigger Value, repayment is reduced in line with the stock loss, and investors can lose more than 40% or all of their principal.

The notes are unsecured, unsubordinated obligations, not deposits, not FDIC-insured, and have limited liquidity. The price to public is $1,000 per note, including fees and commissions, while the estimated value is $959.70 per $1,000, reflecting selling, structuring and hedging costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the common stock of Oracle Corporation, maturing on November 30, 2028. The notes pay a contingent quarterly coupon of at least 16.50% per annum (at least $41.25 per $1,000 per quarter) for any Review Date on which Oracle’s share price is at or above 60.00% of the Initial Value, with unpaid coupons catching up on later qualifying dates.

The notes may be automatically called on any Review Date from May 26, 2026 (except the first and final dates) if Oracle’s share price is at or above the Initial Value, returning $1,000 plus due and unpaid contingent interest. If the notes are not called and the Final Value is at or above the 60.00% Trigger Value, investors receive full principal plus final and unpaid coupons at maturity.

If the Final Value is below the Trigger Value, repayment is reduced dollar-for-dollar with Oracle’s decline, and investors can lose more than 40.00% and up to all principal. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The estimated value is approximately $960.00 per $1,000 note at pricing and will not be less than $940.00.

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering digital buffered notes linked to the nearby Brent crude oil futures contract traded on ICE Futures Europe. The notes pay a fixed, contingent digital return of at least 9.55% per $1,000 at maturity if the ending futures price is at or above the contract strike price of $62.96, or down by up to the 22% buffer.

If Brent falls by more than the 22% buffer, investors lose principal at a 1.28205× leveraged rate on the decline beyond the buffer, with the payment potentially reduced to zero. An illustrative table shows full principal loss at a 100% decline in the contract price. The preliminary estimated value is about $980.30 per $1,000 note, and will not be less than $977.50, reflecting embedded selling, structuring and hedging costs. The notes are treated as open transactions for U.S. tax purposes under current views, but the IRS could change this, which may adversely affect tax results.

JPMorgan Chase Financial Company LLC is offering $500,000 of Callable Contingent Interest Notes linked to the least performing of the S&P 500 Index, EURO STOXX 50 Index and iShares Semiconductor ETF, maturing on November 24, 2028 and fully guaranteed by JPMorgan Chase & Co.

The notes pay a contingent interest rate of 11.30% per annum, or $9.4167 per $1,000 monthly, but only if on each Review Date every underlying is at least 55% of its strike value. JPMorgan may redeem the notes early on specified Interest Payment Dates starting May 26, 2026 at $1,000 plus any due interest.

At maturity, if not redeemed early and each underlying is at or above its 50% trigger value, investors receive $1,000 plus any final interest. If any underlying finishes below its trigger, repayment is reduced in line with the worst performer and principal losses can exceed 50% and reach 100%. The notes are unsecured, not FDIC insured, may offer limited liquidity, and have an estimated value of $978 per $1,000, below the $1,000 issue price.

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 Coinbase Global, Inc. (COIN), maturing on November 29, 2028.

The notes pay a monthly Contingent Interest Payment of at least $21.2917 per $1,000 (a rate of at least 25.55% per annum) only when the COIN closing price on an Interest Review Date is at or above the Interest Barrier of 60% of the Strike Value, or $153.582. Quarterly, starting May 26, 2026, the notes are automatically called if COIN is at or above the Strike Value of $255.97, returning $1,000 plus the applicable Contingent Interest Payment.

If the notes are not called and on the final Review Date COIN is at or above the Trigger Value of 50% of the Strike Value, or $127.985, investors receive $1,000 per note plus any final Contingent Interest Payment. If the Final Value is below the Trigger Value, repayment is reduced one-for-one with COIN’s decline from the Strike Value, and investors can lose more than half, up to all, of their principal. The notes are unsecured, subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The example estimated value is approximately $957.50 per $1,000, and will not be less than $920.00 per $1,000 at pricing.

JPMorgan Chase Financial Company LLC is offering $2,102,000 of auto-callable Review Notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes, issued in $1,000 minimum denominations, priced on November 21, 2025 and are expected to settle on or about November 25, 2025, with final maturity on November 26, 2032.

The notes can be automatically called as early as February 26, 2027 if the Index is at or above the Call Value, paying principal plus a Call Premium Amount based on a 20.00% Call Premium Rate. The Barrier Amount is 60.00% of the Initial Value of 7,046.112; if at maturity the Index closes below this barrier and the notes were never called, principal is exposed to 1:1 downside and investors can lose a significant portion or all of their investment.

The Index embeds a 6.0% per annum daily deduction and a notional financing cost on the QQQ Fund, which together drag on index performance and cause it to trail a similar index without such charges. The estimated value of the notes at pricing was $922.90 per $1,000, below the $1,000 price to public, reflecting selling commissions, structuring and hedging costs. The notes pay no interest or dividends and are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., with limited liquidity and potential conflicts of interest described in the risk sections.

JPMorgan Chase Financial Company LLC is offering $1,250,000 of Auto Callable Contingent Interest Notes linked to the Class A subordinate voting shares of Shopify Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay a contingent interest rate of 18.50% per annum (4.625% per quarter) for any Review Date on which Shopify’s share price is at or above the Interest Barrier of $72.28, which is 50% of the Strike Value of $144.56 set on November 20, 2025. The notes may be automatically called on any non-final Review Date, starting February 20, 2026, if the share price is at or above the Strike Value, returning $1,000 plus the applicable interest.

If not called and the Final Value on November 22, 2027 is below the Trigger Value of $72.28, investors’ principal is reduced one-for-one with the stock loss, potentially down to zero. The notes are unsecured, not FDIC insured, have no listing, and their estimated value at pricing was $975.30 per $1,000, below the $1,000 price to the public.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $350,000 of Market Linked Securities, Series A, tied to an unequally weighted basket of five global equity indices and maturing on November 26, 2027. These unsecured notes pay no interest and repay a variable amount at maturity based on basket performance.

If the basket rises, holders receive principal plus 113.75% of the basket’s percentage gain. If the basket is flat or down by up to the 10% buffer, investors receive principal back. If the basket falls by more than 10%, repayment is reduced using a downside multiplier of approximately 1.1111, so losses accelerate beyond the buffer and investors can lose some or all of principal.

The basket weights are 40% EURO STOXX 50, 25% Nikkei 225, 17.5% FTSE 100, 10% Swiss Market Index and 7.5% S&P/ASX 200. The price to the public is $1,000 per security, with estimated value at issuance of $965.30 after factoring in selling commissions, structuring and hedging costs.

JPMorgan Chase Financial Company LLC is issuing $3,170,000 of Auto Callable Yield Notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay 6.25% per annum, or 0.52083% monthly, and may be automatically called as early as November 23, 2026 if the Index is at or above its initial level on a Review Date. If not called and the Index falls more than 15% at maturity, investors lose 1% of principal for each 1% decline beyond the 15% buffer, up to an 85% loss.

The Index applies a 6.0% per annum daily deduction and a notional financing cost, which drag performance and can cause the Index to lag an otherwise similar index. The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., will not be listed on any exchange, and may have limited or no liquidity. The price to public is $1,000 per note, including $39 in fees, while the initial estimated value is $914.90 per $1,000 note.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $1,183,000 of Market Linked Securities under its global medium-term note program. Each security has a $1,000 principal amount, with a price to the public of $1,000, selling fees of $23.25 and proceeds to the issuer of $976.75 per security.

The notes mature on December 3, 2026 and are linked to the lowest performing of four sector ETFs: Technology (XLK), Energy (XLE), Health Care (XLV) and Consumer Staples (XLP). If that lowest fund is above its starting price at maturity, investors receive leveraged upside with a 156.20% participation rate. If it is at or below its starting price but at or above 85% of that level, investors receive a positive “absolute value” return on the decline.

If the lowest fund finishes below its 85% threshold, principal is reduced 1-for-1 beyond the 15% buffer and investors can lose up to 85% of principal. The issuer’s estimated value is $957.40 per security, below the issue price due to selling commissions and hedging costs. The securities are unsecured, subject to issuer and guarantor credit risk, and are not bank deposits or FDIC insured.

JPMorgan Chase Financial Company LLC is offering Trigger Autocallable GEARS linked to the common stock of Constellation Energy Corporation (CEG), fully and unconditionally guaranteed by JPMorgan Chase & Co. The total offering size is $11,548,000, in $10 denominations (minimum investment $1,000), maturing on November 27, 2028.

If on the November 30, 2026 observation date CEG closes at or above the autocall barrier of $338.11 (100% of the initial value), the notes are automatically called and pay $12.00 per $10 principal (a 20.00% call return), with no further upside. If not called and the final CEG price is above the initial value, investors receive $10 plus 1.85 times the positive underlying return. If the final price is at or above the downside threshold of $169.06 (50% of initial), principal is repaid. Below that threshold, repayment is reduced one‑for‑one with CEG’s loss, and investors can lose their entire principal.

The notes pay no interest or dividends and are unsecured obligations of JPMorgan Chase Financial Company LLC, subject to the credit risk of both the issuer and JPMorgan Chase & Co. The price to public is $10.00 per note, including $0.25 in selling commissions to UBS, and the estimated value at pricing is $9.606 per $10 note, reflecting structuring and hedging costs. The securities are not listed on any exchange and may have limited or no secondary market liquidity.

JPMorgan Chase Financial Company LLC is offering $52,000 of auto-callable 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 May 21, 2026 if the Index closes at or above the Call Value on a Review Date, paying back principal plus a fixed Call Premium Amount (for example, $89.25 per $1,000 note on the first Review Date and up to $535.50 on the final Review Date).

If the notes are not called and the Final Value is at or above a Barrier Amount set at 60% of the Initial Value, investors receive full principal at maturity; if the Final Value is below the Barrier Amount, principal is reduced one-for-one with the Index loss and can be entirely lost. The Index employs a 35% target volatility mechanism with exposure between 0% and 500% to the Invesco QQQ Trust, but its performance is reduced by a 6.0% per annum daily deduction and a daily notional financing cost, so it is expected to lag an equivalent index without these charges. The notes pay no interest, provide no dividends, are unsecured obligations subject to JPMorgan credit risk, and are expected to have an initial estimated value of $907.50 per $1,000, below the $1,000 price to public.

JPMorgan Chase Financial Company LLC is offering $465,000 of Auto Callable Accelerated Barrier Notes linked to the lesser performing of the iShares Semiconductor ETF (SOXX) and the Nasdaq-100 Technology Sector Index (NDXT), fully guaranteed by JPMorgan Chase & Co.

The notes have a $1,000 minimum denomination and can be automatically called on November 27, 2026 if each underlying is at or above 100% of its initial value, paying $1,159 per $1,000 note (a 15.9% call premium). If not called and both final values exceed their initial values on November 21, 2028, investors receive $1,000 plus 1.50 times the gain of the worse-performing underlying.

If either underlying finishes below its 70% barrier level, maturity payment is $1,000 plus the full negative return of the lesser performer, so investors can lose more than 30% and up to all principal. The notes pay no interest, provide no dividends, are unsecured, unlisted, and their value and payment depend on the credit of JPMorgan Financial and JPMorgan Chase & Co. The initial estimated value is $938.40 per $1,000 note, below the $1,000 issue price due to fees, hedging costs and dealer profits.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Performance Leveraged Upside Securities (PLUS) linked to the iShares Bitcoin Trust ETF (IBIT), maturing on December 1, 2027. Each note has a stated principal amount and issue price of $1,000 and pays no interest.

At maturity, if the ETF’s final share price is above the initial share price, investors receive $1,000 plus 150% of the ETF’s percentage gain, subject to a maximum payment of at least $2,413.50 per note. If the ETF is unchanged, investors receive $1,000. If the ETF declines, the payoff is $1,000 multiplied by the share performance factor, resulting in a 1:1 loss with no downside protection, and investors could lose their entire principal.

The PLUS are unsecured, unsubordinated obligations, not bank deposits, not FDIC insured, and will not be listed on any exchange. Bitcoin exposure introduces significant volatility, regulatory and technological risks. An illustration in the document shows an estimated value of about $971.50 per $1,000 note if priced on the reference date, and the estimated value on the pricing date will not be less than $950.00, reflecting embedded fees, structuring costs and hedging economics.

JPMorgan Chase Financial Company LLC is offering $4,407,950 of trigger autocallable notes linked to the Invesco S&P 500® Equal Weight ETF (RSP), fully and unconditionally guaranteed by JPMorgan Chase & Co. Each Note has a $10 principal amount and a 2-year term, unless automatically called after an initial one-year non-call period.

The Notes do not pay interest. Instead, if on any Observation Date the ETF closes at or above the Initial Value of $185.76, the Notes are automatically called and pay a Call Price equal to $10 plus a Call Return based on an 8.25% per annum rate, reaching $11.65 per Note if called on the final date. If the Notes are never called and the ETF finishes at or above the Downside Threshold of $139.32 (75% of the Initial Value), investors receive $10 back at maturity.

If the ETF closes below the Downside Threshold at maturity, repayment is reduced in proportion to the ETF’s decline, and investors can lose a significant portion or all of their principal. The estimated value of each Note at pricing was $9.677, and all payments are subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is offering $1,725,000 of Auto Callable Dual Directional Buffered Return Enhanced Notes linked to the least performing of the S&P 500®, Russell 2000® and Nasdaq-100 Index®, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes may be automatically called on November 27, 2026 if each index is at or above 100% of its initial level, paying $1,125 per $1,000 note. If not called, they mature on November 27, 2028 and offer 1.50x upside if all indices rise, or a dual-directional feature that pays the absolute return of the worst index when its decline is up to the 25% buffer, capping gains at $1,250. If the worst index falls by more than 25%, investors lose 1% of principal for each 1% further decline, up to a 75% loss. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and have an estimated value of $970 per $1,000 at pricing.

JPMorgan Chase Financial Company LLC is offering $8,152,000 of Uncapped Return Enhanced Notes linked to the lesser performing of the Dow Jones Industrial Average® and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest or dividends and mature on November 27, 2029, with a 1.555x leveraged upside only if both indices finish above their initial levels. If either index ends below its initial level, investors lose 1% of principal for each 1% decline in the lesser-performing index, up to a total loss of principal. The minimum denomination is $1,000, and the price to the public equals the proceeds to the issuer, while the estimated value at pricing was $983.50 per $1,000 note. The notes are unsecured, will not be listed on an exchange, may have limited liquidity and secondary prices below issue price, and expose holders to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is offering $1,860,000 of capped dual directional buffered equity notes linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on November 26, 2027, have a Maximum Upside Return of 28.40% and a 10.00% buffer on index losses.

At maturity, investors gain one-for-one with S&P 500® increases up to 28.40%, or earn the absolute value of index declines up to 10.00%. If the index falls by more than 10.00%, investors lose 1% of principal for each additional 1% decline, with losses up to 90.00% of principal. 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. The price to public is $1,000 per note, with selling commissions of $4.50 and issuer proceeds of $995.50 per note; the estimated value is $987.40 per $1,000 principal amount.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $500,000 of Auto Callable Contingent Interest Notes linked to the common stock of Micron Technology, Inc. The notes pay a monthly contingent coupon of 2.375% (equivalent to 28.50% per annum) for each Review Date on which Micron’s share price is at or above 50% of the Strike Value of $201.37, with unpaid coupons accruing if later conditions are met.

The notes may be automatically called as early as December 22, 2025 if Micron’s share price is at or above the Strike Value on a Review Date, in which case investors receive $1,000 per note plus applicable contingent interest and no further payments. If the notes are not called and Micron’s final share price is below the 50% Trigger Value of $100.685, principal is reduced one‑for‑one with the stock’s loss, and investors can lose more than half, up to all, of their investment. The notes are unsecured obligations subject to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., and the initial estimated value is $990.20 per $1,000 note, below the price to public.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $1,365,000 of callable contingent interest notes linked to the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, maturing in November 2027. The notes pay a contingent monthly coupon at a rate of 7.10% per annum (0.59167% per month) only when the closing level of each index on a Review Date is at or above 70% of its Initial Value.

If the notes are not redeemed early and the least performing index finishes below its 60% Trigger Value at maturity, investors lose 1% of principal for each 1% decline in that index, potentially up to a total loss. JPMorgan may redeem the notes early on certain Interest Payment Dates beginning May 27, 2026, returning principal plus any due contingent interest.

The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., will not be listed on an exchange and offer no participation in index gains or dividends. The original issue price is $1,000 per note, while the estimated value at pricing is $954.60 per $1,000, reflecting embedded costs and hedging-related charges.

JPMorgan Chase Financial Company LLC is offering $545,000 of auto callable contingent interest notes linked individually to the Nasdaq-100, Russell 2000 and S&P 500 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent interest rate of 7.65% per annum (0.6375% per month) only for review dates when each index closes at or above 70% of its Initial Value.

The notes may be automatically called on certain review dates if each index is at or above its Initial Value, with the earliest possible call on February 23, 2026; if called, investors receive principal plus the applicable contingent interest and no further payments. If the notes are not called and, at maturity on May 26, 2027, the least performing index is below its trigger (70% of Initial Value), principal is reduced 1% for each 1% index decline, up to total loss of principal.

The price to the public is $1,000 per note, with proceeds to the issuer of $977.75 per $1,000 after $22.25 in selling commissions. The estimated value is $958.40 per $1,000 note, reflecting embedded selling, structuring and hedging costs. The notes are unsecured, unsubordinated obligations, not bank deposits and not FDIC-insured, and involve significant market, credit, liquidity and tax risks.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $650,000 of unsecured structured “Review Notes” linked to the MerQube US Large-Cap Vol Advantage Index, maturing on November 26, 2030. The notes are sold in $1,000 denominations at $1,000 each, with selling commissions of $50 per note and issuer proceeds of $950 per note; the initial estimated value is $887 per note.

The notes can be automatically called on any Review Date from November 24, 2026 onward if the Index is at or above the applicable Call Value. In that case, holders receive $1,000 plus a Call Premium Amount based on a 14.00% Call Premium Rate, and the notes terminate. If never called and the final Index level is below the 60% Barrier Amount, repayment is reduced dollar-for-dollar with Index losses, and principal can be largely or entirely lost.

The Index uses leveraged exposure (up to 500%) to E-mini S&P 500 futures and is subject to a 6.0% per annum daily deduction, which systematically drags performance versus a similar index without the fee. The notes pay no interest, do not provide dividends from underlying equities, are not bank deposits, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is issuing $1,236,000 of Auto Callable Contingent Interest Notes linked individually to the Russell 2000 Index, the S&P 500 Index and the SPDR S&P Regional Banking ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a monthly Contingent Interest Payment at a rate of 12.85% per annum (1.07083% per month) only if on a Review Date the closing value of each underlying is at or above 70% of its Initial Value. The notes may be automatically called starting May 21, 2026 if on an eligible Review Date each underlying is at or above its Initial Value, returning principal plus that period’s interest. If the notes are not called and the final value of the least performing underlying is below its Trigger Value (70% of Initial Value), repayment of principal is reduced one-for-one with the decline and can fall to zero. The estimated value is $967.50 per $1,000 note, below the $1,000 issue price, and the notes are unsecured, not FDIC insured and not listed on an exchange.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering three-year Trigger Autocallable Contingent Yield Notes linked separately to Citizens Financial Group (CFG) common stock and United Parcel Service (UPS) Class B shares. The notes pay quarterly contingent coupons only if the underlying stock closes at or above a preset coupon barrier; otherwise no coupon is paid for that quarter. After an initial six‑month non-call period, the notes are automatically called on any observation date when the underlying is at or above its initial value, returning principal plus that quarter’s coupon.

If the notes are not called and the final stock price is at or above the downside threshold (set equal to the coupon barrier), investors receive principal back plus the final coupon; if it finishes below that threshold, repayment is reduced in line with the stock’s decline, up to a complete loss of principal. Indicative contingent coupon rates are 9.00% per annum for the CFG-linked notes and 9.15% for the UPS-linked notes, with issue price of $10 per note and selling commissions of $0.20 per $10. The estimated value is below par (for example, approximately $9.546 and $9.48 per $10 for CFG and UPS), the notes are unsecured, not exchange-listed, and involve complex U.S. tax and withholding considerations.