Alerian MLP Index ETNs due January 28 2044 424B Filings

J.P. Morgan provides a February 2026 performance update on the J.P. Morgan Dynamic Blend Index, a rules-based index that allocates between an equity futures constituent and a 2-year U.S. Treasury futures constituent while targeting 3.0% volatility.

The index is calculated on an excess return basis with a daily fee equivalent to 0.95% per annum and has operated since March 23, 2021. From January 2016 through January 2026, combined hypothetical and actual data show a 10-year annualized return of 0.74%, 10-year annualized volatility of 3.09%, and a Sharpe Ratio of 0.24.

The update compares the index to hypothetical Domestic and Global 20/80 equity-bond portfolios, which historically showed higher returns and volatility, and highlights numerous risks, including index fee drag, limited operating history, futures-related risks, and the credit risk of JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is offering Uncapped Dual Directional Accelerated Barrier Notes linked to the S&P 500® Futures Excess Return Index, maturing on March 3, 2032 and fully guaranteed by JPMorgan Chase & Co.

The notes provide at least 1.718x leveraged upside on any positive Index return at maturity. If the Index is flat or down but not below 60% of its initial level, investors receive a positive return equal to the Index’s absolute decline, capped at 40%, for a maximum of $1,400 per $1,000 note in negative-return scenarios.

If the Index falls below the 60% barrier, repayment is fully exposed to losses, and investors can lose most or all principal. The notes pay no interest, are unsecured obligations subject to the credit risk of both issuers, and will not be listed on an exchange. Selling commissions may be up to $32.50 and a structuring fee up to $9.00 per $1,000 note. The estimated value, if priced on the described date, is about $944.10 per $1,000 note and will not be less than $900.00 when finalized, reflecting embedded costs and hedging.

JPMorgan Chase & Co. provides a February 2026 update on the S&P 500 Daily Risk Control 10% Index, which dynamically shifts between the S&P 500 and a cash component to target 10% volatility and is calculated on an excess return basis.

For the period from January 2016 through January 2026, the Index shows a 10-year annualized return of 8.10% with 10.06% annualized volatility and a Sharpe Ratio of 0.80. Comparative hypothetical and actual data are given for Domestic and Global 30/70 excess-return portfolios, which exhibit different return and risk profiles.

The update highlights key risks, including that the Index may not approximate its 10% volatility target, can be significantly uninvested, and reflects a notional financing cost. All performance data are partly hypothetical, and the materials stress that past and backtested performance are not indicative of future results.

JPMorgan Chase & Co. provides an index supplement updating performance information and risks for the S&P 500® Daily Risk Control 10% Index as of January 31, 2026. The document shows monthly and annual index returns from 1999 to 2026, combining hypothetical backtested data through May 12, 2009 and actual index performance thereafter.

It emphasizes that backtested results use proxies, may differ significantly from real outcomes, and are not indicative of future results. Key risks include the index’s potential failure to meet its 10% volatility target, periods when it may be significantly uninvested, and the impact of a notional financing cost whose calculation methodology was recently changed.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the common stock of Blackstone Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay quarterly contingent interest only if Blackstone’s share price on a Review Date is at or above an Interest Barrier set at 65.00% of the Strike Value.

The notes may be automatically called on designated Review Dates starting February 10, 2027 if Blackstone’s share price is at or above the Strike Value, returning $1,000 per note plus due contingent interest and any previously unpaid contingent interest. If the notes are not called and the Final Value is at or above the Trigger Value (also 65.00% of the Strike Value), investors receive $1,000 plus all due and previously unpaid contingent interest.

If the notes are not called and the Final Value is below the Trigger Value, repayment is $1,000 plus $1,000 times the stock return, so investors lose 1% of principal for each 1% decline from the Strike Value and can lose their entire investment. A hypothetical contingent interest rate of 11.25% per annum (2.8125% per quarter) is used in payout examples, and the actual rate will be at least 11.25% per annum. The indicative estimated value is approximately $950.00 per $1,000 principal amount note and will not be less than $920.00 per $1,000 when set, reflecting selling costs and hedging-related factors.

JPMorgan Chase & Co. provides a February 2026 index supplement describing the S&P 500® Daily Risk Control 5% Index, including hypothetical backtested and actual historical monthly and annual returns from January 4, 1999 through January 31, 2026.

The index seeks to maintain a target volatility of 5% by adjusting its exposure to the underlying S&P 500® index and a cash component, and may at times be significantly uninvested. The level of the index reflects the deduction of a notional financing cost, and the methodology for calculating that cost was recently changed.

The document highlights risks that the index may not approximate its 5% target volatility, may not outperform or underperform the underlying index, and that daily exposure adjustments can dampen gains or magnify losses relative to the underlying index. It stresses that historical and backtested performance are hypothetical and not indicative of future results and emphasizes that investments linked to the index may not be suitable for all investors.

JPMorgan provides a February 2026 index supplement detailing hypothetical and actual performance for the MerQube US Tech+ Vol Advantage Index, which combines backtested data from January 7, 2005 to June 21, 2021 and live index performance from June 22, 2021 to January 31, 2026. The material shows monthly and annual returns over this period and stresses that both historical and backtested results are illustrative only.

The document highlights multiple risks, including a 6.0% per annum daily deduction, an additional notional financing cost, the potential for significant leverage and periods when the index may be largely uninvested, and the possibility that realized volatility may not match the target. It also notes the index’s limited operating history, its exposure to non-U.S. securities, and specific risks tied to the Invesco QQQ Trust, Series 1.

The supplement explains that on February 9, 2024 the underlying asset changed from E‑Mini Nasdaq‑100 futures to the QQQ Fund, which may perform worse than the prior futures-based exposure and could adversely affect index and note performance. It emphasizes that hypothetical backtested results are constructed with hindsight, may differ materially from future outcomes, and are not indicative of future returns.

J.P. Morgan provides a February 2026 update on the S&P® Global 100 PR 5% Daily Risk Control 0.5% Deduction Index (USD) ER. The Index gives exposure to the S&P® Global 100 Index while targeting 5% annualized volatility and applying a daily 0.50% per year deduction plus a notional financing cost linked to the Effective Federal Funds Rate.

The Index dynamically adjusts its exposure based on observed volatility and is calculated on an excess-return basis. Performance figures combine hypothetical backtested data before September 18, 2023 and actual performance afterward, and are compared with hypothetical Domestic and Global 30/70 excess-return portfolios. The material highlights that past and backtested performance are not indicative of future results and outlines key risks, including potential underperformance versus the underlying index and periods when the Index may be significantly uninvested.

JPMorgan provides a February 2026 performance update for the S&P 500® Daily Risk Control 5% Index, which targets 5% volatility by dynamically shifting between the S&P 500 and a cash component that accrues interest. The index is calculated on an excess return basis and was established on September 10, 2009.

The update compares hypothetical and actual performance from January 2016 through January 2026 against two notional excess return benchmarks, a Domestic 30/70 Portfolio and a Global 30/70 Portfolio, and shows monthly and annual returns. It highlights that all portfolio data is hypothetical, emphasizes that past and backtested performance are not indicative of future results, and outlines selected risks, including tracking, methodology and notional financing cost risks.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering uncapped accelerated barrier notes linked to the lesser performer of the Dow Jones Industrial Average and the S&P 500 Index, maturing on March 4, 2030.

The notes provide at least 1.413x leveraged upside if both indices finish above their initial levels, principal return if each stays at or above 75% of its initial level, and 1:1 downside exposure below that barrier, with the potential for total loss. The notes pay no interest or dividends, are unsecured, and carry issuer and guarantor credit risk. An illustrative estimated value is $980.70 per $1,000 note, with a minimum estimated value at pricing of $900.00.

JPMorgan provides a performance update for the MerQube US Tech+ Vol Advantage Index, a rules-based benchmark that dynamically adjusts exposure to an underlying asset while targeting a level of implied volatility. The index can vary its exposure to the underlying between 0% and 500%.

Since February 9, 2024, the underlying has been an unfunded position in the Invesco QQQ Trust, Series 1, measured as its total return minus a notional financing cost; previously it referenced E‑Mini Nasdaq‑100 futures. The index, launched on June 22, 2021, is reduced by a 6.0% per annum daily deduction and additional financing costs, and the document stresses that both historical and hypothetical backtested performance from 2016 to 2026 are not indicative of future results. It also highlights multiple risks, including leverage, potential divergence from target volatility, QQQ Fund-specific risks and the limited operating history.

JPMorgan provides an index supplement for the S&P® Global 100 PR 5% Daily Risk Control 0.5% Deduction Index (USD) ER, including hypothetical backtested monthly and annual returns from November 20, 1996 through September 17, 2023 and actual index performance from September 18, 2023 through January 31, 2026.

The index applies a daily 5% volatility control and reflects both a 0.50% per annum index deduction and a notional financing cost that reduce index levels over time. The document stresses that historical and backtested performance are illustrative only and are not indicative of future results.

Key risks highlighted include the possibility that the index may not approximate its target volatility, may be significantly uninvested, and may fail to outperform or underperform its underlying index. It also notes that JPMorgan Chase & Co. is one of the companies in the underlying index and directs readers to broader risk factor discussions in related offering materials.

J.P. Morgan provides a February 2026 performance update for the MerQube US Large-Cap Vol Advantage Index, which dynamically allocates between 0% and 500% notional exposure to E-Mini S&P 500 futures while targeting 35% volatility and applying a 6.0% per annum daily deduction.

From January 2016 to January 2026, the Index shows a 10-year annualized return of 16.01% with 29.74% annualized volatility, versus 13.59% return and 18.08% volatility for the S&P 500 Index. Over the latest year, the Index returned 4.14% compared with 14.87% for the S&P 500.

The update details high and variable leverage, with recent exposures generally between about 150% and 340%. It emphasizes that much of the history is hypothetical backtested data, highlights extensive risk factors including futures, leverage, and index-adjustment risks, and stresses that past and backtested performance are not indicative of future results.

J.P. Morgan provides an index supplement summarizing hypothetical and actual historical returns for the MerQube US Large-Cap Vol Advantage Index. The materials show backtested performance from January 7, 2005 through February 10, 2022 and actual index performance from February 11, 2022 through January 31, 2026.

The document highlights that the index includes a 6.0% per annum daily deduction, may use significant leverage, can be significantly uninvested, and is based on futures contracts with associated volatility and trading risks. It stresses that historical and backtested performance are not indicative of future results and that investments linked to the index may not be suitable for all investors.

JPMorgan Chase Financial Company LLC is issuing $178,000 of auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, guaranteed by JPMorgan Chase & Co. The notes pay a 9.50% per annum contingent interest only on review dates when the index closes at or above 50% of its initial value.

The notes can be automatically called on certain review dates starting February 9, 2027 if the index reaches a preset call level, returning $1,000 per note plus that period’s interest. If held to maturity in 2031 and the final index level is below a trigger value, principal is reduced 1% for each 1% index decline, with the potential for total loss.

The index uses leveraged exposure (up to 500%) to E-mini S&P 500 futures, targets 35% implied volatility, and applies a 6.0% per annum daily deduction that drags performance. Each $1,000 note is sold at $1,000, including $42.50 in fees, while the estimated value at pricing was $904.50. The notes are unsecured, not FDIC insured, and are expected to be illiquid.

J.P. Morgan provides an index supplement for the J.P. Morgan Multi-Asset Index, which is used as the underlying for certain structured notes. The document presents detailed monthly and annual percentage returns based on hypothetical backtested performance from February 22, 1994 through November 17, 2022 and actual index performance from November 18, 2022 through January 31, 2026.

It also shows how the index’s reference portfolio has historically shifted weights among equity, fixed income and alternative futures, including S&P 500, Russell 2000, DAX, TOPIX, U.S. Treasuries, Euro-Bund, JGB, Brent crude oil and gold. The index is an excess return index, is subject to a 1.00% per annum daily deduction and follows a momentum-based, regularly rebalanced strategy.

The supplement emphasises that both historical and backtested results and past constituent allocations are not indicative of future performance or future index weights and highlights extensive risks, including volatility, correlation, concentration, futures, fixed income, non‑U.S. markets, short positions and margin risks.

JPMorgan Chase Financial Company LLC is offering auto callable buffered return enhanced notes linked to the MSCI Emerging Markets Index. The notes can be automatically called on the review date if the index is at or above its initial level, paying $1,000 plus at least a 14.20% call premium per note.

If not called and the index rises, investors receive uncapped leveraged upside of at least 1.25x the index gain. If the index finishes down by up to 15.00%, principal is returned; below that buffer, losses match the index decline, up to full principal loss. The notes pay no interest or dividends, are unsecured obligations of JPMorgan Financial guaranteed by JPMorgan Chase & Co., and their estimated value at pricing is expected to be below the $1,000 issue price.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the common stock of Oracle Corporation. The notes pay a contingent coupon of at least $70.275 per $1,000 note on each review date if Oracle’s share price is at or above a barrier set at 75% of the strike price.

The notes can be automatically called as early as May 26, 2026 if Oracle’s share price is at or above the $159.89 stock strike level on a review date, returning $1,000 plus the applicable coupon and any unpaid coupons. If held to maturity on February 26, 2027 and no trigger event occurs, investors receive principal plus due coupons.

A trigger event occurs if the final stock price is below the $119.9175 trigger level, in which case principal is reduced using a 1.33333 downside leverage factor and investors can lose some or all of their investment. The notes are unsecured obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and do not provide dividend or ownership rights in Oracle shares.

J.P. Morgan Multi-Asset Index is a rules-based benchmark that allocates across up to 10 futures-based indices spanning equities, bonds and alternatives in major developed markets. It rebalances at least monthly into the portfolio with the strongest recent performance, generally subject to a volatility threshold and concentration limits, and applies a daily 1.00% per annum fee.

From January 2016 through January 2026, the Index shows a 1-year return of 7.94%, a 10-year annualized return of 2.66% and a 10-year annualized volatility of 4.48%, producing a Sharpe ratio of 0.59. Over the same period, a Domestic 30/70 Portfolio (ER) returned 3.33% annually with 6.29% volatility (Sharpe 0.53), while a Global 30/70 Portfolio (ER) returned 2.09% annually with 6.17% volatility (Sharpe 0.34). A significant portion of recent allocations has been to U.S. and German government bond futures, with varying exposures to U.S., German and Japanese equity futures plus oil and gold futures.

The document stresses that much of the history before November 18, 2022 is hypothetical backtested performance and that both backtested and actual past results are not indicative of future returns. It lists extensive risks, including index sponsor conflicts, the impact of the 1.00% annual fee, momentum strategy limitations, high bond exposure, futures trading risks, correlation and concentration risks, and the potential use of notional short positions.

J.P. Morgan’s Total Return Index is described using a long history of hypothetical backtested and actual performance, starting in May 2004 and running through January 2026. Early years rely on alternative “proxy” performance for several exchange-traded funds before they launched or met liquidity standards.

The index allocates monthly among U.S. Treasuries, investment-grade and high-yield credit, agencies, inflation-protected bonds, emerging markets debt, floating-rate notes and preferred stock, with weights rebalanced under a set methodology. Results before July 2017 are entirely hypothetical, and even after launch some weights may have been influenced by proxy data.

The document stresses that historical and backtested returns and allocations are not predictive of future results. It highlights risks tied to a momentum-based strategy, fixed-income and emerging-markets exposures, ETF tracking differences, index rebalancing constraints, and the credit risk of JPMorgan Chase Bank, N.A. Investments linked to the index may therefore experience materially different performance than the figures shown.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering structured Review Notes linked to the Nasdaq‑100, Russell 2000 and S&P 500 indices, maturing in February 2029.

The notes may be automatically called on review dates in 2027, 2028 or 2029 if each index closes at or above 102% of its initial level, paying back principal plus a call premium of at least 15.40%, 30.80% or 46.20% of the $1,000 denomination, respectively. If not called and all indices finish at or above 70% of their initial levels, investors receive principal back at maturity.

If any index ends below its 70% barrier and the notes were not called, repayment is reduced one‑for‑one with the decline of the worst‑performing index, so investors can lose more than 30% and up to all principal. The estimated value on the pricing date is expected to be below the $1,000 issue price, reflecting selling commissions, hedging costs and JP Morgan’s internal funding rate, and the notes pay no interest or dividends.

The document is a performance update for the MerQube US Small-Cap Vol Advantage Index, which underlies certain notes registered under an existing shelf. The index provides rules-based exposure to E-Mini Russell 2000 futures, targeting 35% volatility with exposure that can range from 0% to 500% of futures notional.

The index deducts a 6.0% per annum fee on a daily basis and was established on June 21, 2022, with levels published under the Bloomberg ticker MQUSSVA. The update presents hypothetical and actual historical performance from January 2016 through January 2026, along with recent leverage levels for late 2025 and January 2026.

The document stresses that backtested results are hypothetical, were calculated by MerQube, have not been independently verified, and may differ materially from future performance. It highlights numerous risks, including leverage, futures and small-cap equity exposure, index adjustments by MerQube, and the possibility that the index may not meet its volatility target. It also reiterates that notes linked to the index are unsecured investments, not bank deposits and not insured by the FDIC.

JPMorgan provides an index supplement for notes linked to the MerQube US Small-Cap Vol Advantage Index, showing hypothetical backtested monthly and annual returns from January 7, 2005 through June 17, 2022 and actual index performance from June 21, 2022 through January 31, 2026.

The document stresses that historical and backtested results are illustrative and not indicative of future performance, and highlights key risks such as a 6.0% per annum daily deduction, significant leverage, small-cap equity exposure, futures contract volatility, potential periods when the index is uninvested, and limited operating history since June 21, 2022.

J.P. Morgan Total Return Index provides a dynamic allocation across 12 U.S. dollar fixed income ETFs, rebalancing monthly into the basket with the highest prior 6‑month performance, generally subject to a 5% historical volatility threshold and concentration limits.

From January 2016 to January 2026, the Index shows a 1‑year return of 5.53%, a 3‑year annualized return of 4.71%, a 5‑year annualized return of 1.43% and a 10‑year annualized return of 3.03%. Over 10 years, annualized volatility was 5.18% with a Sharpe Ratio of 0.08.

Recent monthly weights between September 2025 and February 2026 shifted across U.S. Treasuries, investment‑grade credit, high yield, emerging markets debt, agency MBS, inflation‑protected securities, floating rate and preferred stock ETFs. The document stresses that past and hypothetical backtested performance are not indicative of future results and highlights risks, including momentum strategy risk, fixed‑income and credit risks, ETF tracking risk, correlation risk, and the limited operating history of the Index established on July 13, 2017.

J.P. Morgan provides an index supplement for notes linked to the MerQube US Gold Vol Advantage Index, which references gold futures and targets volatility using leverage and the ability to be partly or fully uninvested.

The Index incorporates a 6.0% per annum daily deduction and is structured as an excess return index, so it does not reflect interest on cash that could be notionally invested. Historical performance shown from December 26, 2007 to February 10, 2025 is entirely hypothetical backtested, with actual Index performance beginning on February 11, 2025.

The document stresses that historical and backtested returns are not indicative of future results and highlights multiple risks, including leverage, gold concentration, futures market disruptions, margin changes, and the Index’s limited operating history. It also clarifies that notes linked to the Index are not bank deposits, are not FDIC insured, and involve investment suitability considerations for each investor.

JPMorgan Chase Financial Company LLC is issuing market-linked, auto-callable notes linked to the State Street Energy Select Sector SPDR ETF, fully guaranteed by JPMorgan Chase & Co. The $1,000-denomination securities pay no interest and return depends on the ETF’s performance.

If the ETF’s closing price on February 25, 2027 is at or above the starting price, the notes are automatically called for at least 115.35% of principal. If held to February 23, 2029 and not called, investors get 125% of any ETF gain, full principal back for losses up to 10%, and 1‑to‑1 losses beyond that, with up to 90% of principal at risk. The public issue price is $1,000 per security, with estimated value currently about $961.30 after selling commissions and hedging costs.

J.P. Morgan provides a February 2026 performance update for the MerQube US Gold Vol Advantage Index, which underlies certain notes issued under an existing shelf registration. The index offers dynamic, rules-based exposure to an unfunded rolling position in COMEX Gold futures while targeting 35% volatility.

The index can vary its futures exposure between 0% and 500% and applies a 6.0% per annum daily deduction. It rebalances monthly based on one‑month implied volatility and was established on February 11, 2025, with levels published on Bloomberg under ticker MQUSGVA. The update presents hypothetical backtested performance from January 2016 through February 10, 2025 and actual performance from February 11, 2025 through January 31, 2026, together with detailed monthly returns and exposure levels for late 2025 and January 2026.

The materials stress that historical and especially hypothetical backtested results have inherent limitations and are not indicative of future outcomes. They also highlight numerous risks, including leverage, volatility, futures market structure, gold concentration, and the index’s excess‑return design and limited operating history.

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

The notes have a $1,000 minimum denomination and may be automatically called as early as February 18, 2027 if each index is at or above its Call Value, paying back principal plus a Call Premium Amount of at least $227.50 per $1,000 note. If not called and all final index levels exceed their initial values, holders receive an uncapped leveraged gain of 1.25 times the least performing index’s return. If any index finishes between its initial value and a 70% barrier, investors receive only principal, and if any ends below the barrier they lose 1% of principal for every 1% decline in the least performing index, up to a total loss. The issuer discloses an estimated value of about $979.80 per $1,000 note if priced today and not less than $940.00 at pricing, highlights significant credit, market, liquidity and valuation risks, and notes that the notes pay no interest or dividends.

JPMorgan Chase Financial Company LLC is offering $709,000 of auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, fully guaranteed by JPMorgan Chase & Co. The notes pay a 11.25% per annum contingent coupon when the Index is at or above 60% of its initial level on a review date.

The notes may be automatically called starting August 10, 2026 if the Index is at or above its initial level, returning $1,000 per note plus the applicable coupon. If the Index finishes below the 60% trigger at maturity, principal losses are one-for-one and can reach 100%. Index performance is reduced by a 6.0% per annum daily deduction and a notional financing cost, and the notes’ estimated value at pricing was $905.80 per $1,000, below the $1,000 issue price. The notes are unsecured, illiquid instruments exposed to JPMorgan credit risk.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked separately to the Russell 2000 Index, the S&P 500 Index and the State Street Technology Select Sector SPDR ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes may pay a monthly contingent coupon at a rate of at least 8.45% per annum if on a review date the closing value of each underlying is at or above 70% of its initial value. Automatic call can occur as early as August 13, 2026 if each underlying is at or above its initial value, returning principal plus the applicable coupon.

If the notes are not called and any underlying finishes below 60% of its initial value at maturity, repayment is reduced one-for-one with the decline of the worst performer, and investors can lose most or all principal. The indicative estimated value is about $964.60 per $1,000, and will not be less than $900.00, reflecting embedded fees, hedging costs and issuer funding assumptions. The notes are unsecured, subject to issuer and guarantor credit risk, not listed, and pay no dividends.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering callable contingent interest notes linked to the least performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, maturing in February 2029.

The notes pay a contingent interest coupon for each Review Date only if every index closes at or above 60% of its Initial Value, acting as both the Interest Barrier and Trigger Value. If any index is below this level on a Review Date, no interest is paid for that period.

On scheduled dates starting in August 2026, the issuer may redeem the notes at $1,000 per note plus any due contingent interest, ending further payments. If held to maturity and not redeemed, investors receive $1,000 plus the final contingent interest if each index finishes at or above its Trigger Value; otherwise the repayment is reduced 1% for each 1% decline of the least performing index, potentially down to zero.

The minimum denomination is $1,000. A hypothetical contingent interest rate of 8.40% per annum (2.10% quarterly) is shown, and if the notes priced on the indicated date, their estimated value would be about $970.30 per $1,000 note, and will not be less than $940.00 when finally set. The notes are unsecured, unsubordinated obligations, not deposits or FDIC insured, and carry market, credit, liquidity, and tax risks described in detail in the document.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto-callable structured notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on February 19, 2032.

The notes may be automatically called on scheduled Review Dates starting February 18, 2027 if the Index closes at or above 100% of its Initial Value, paying $1,000 plus a Call Premium that can reach at least 150% of principal by the final Review Date. If not called and the Final Index Value is at or above 50% of the Initial Value, investors receive principal back at maturity; if it is below 50%, repayment is $1,000 plus $1,000 times the Index return, meaning more than 50% — and potentially all — of principal can be lost.

The Index embeds a 6.0% per annum daily deduction, which systematically drags performance versus an identical index without such a charge and is a key driver of the note’s economics. The notes pay no interest or dividends, are unsecured and unsubordinated obligations subject to the credit risk of both the issuer and guarantor, and have an estimated value, if priced today, of approximately $933.80 per $1,000 note, with a commitment that the final estimated value will not be less than $900.00.

JPMorgan Chase Financial Company LLC is offering $327,000 of auto callable contingent interest notes due August 12, 2027, linked individually to the Nasdaq-100, Russell 2000 and S&P 500 indexes and fully guaranteed by JPMorgan Chase & Co.

The notes pay a 6.80% per annum contingent coupon (0.56667% monthly) only when each index is at or above 70% of its Initial Value on a review date. They can be automatically called as early as May 11, 2026 if each index is at or above its Initial Value. If not called and any index ends below its 70% trigger at maturity, principal is reduced one-for-one with the decline in the worst-performing index, up to total loss. The estimated value is $960.60 per $1,000 note, below the $1,000 issue price.

J.P. Morgan provides an index supplement for notes linked to the J.P. Morgan Kronos+ Index, explaining that many of the historical performance figures are hypothetical backtested results based on the S&P 500® Price Return Index from July 7, 1954 through December 21, 2020 and actual Index performance from December 22, 2020 through January 31, 2026. The materials stress that past and backtested performance are not indicative of future results and that any performance information is illustrative only.

The document highlights key risks, including that J.P. Morgan Securities LLC sponsors and calculates the Index, that a 0.95% per annum fee and, in some cases, a notional financing cost based on the Effective Federal Funds Rate are embedded in the Index, and that the Index, established on December 22, 2020, has a limited operating history. It also notes strategy-specific risks, potential periods when the Index is uninvested in its constituent, the notional nature of the Index, and suitability considerations for investors in notes linked to the Index.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $160,000 of unsecured Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on February 13, 2031. The notes can be automatically called as early as February 10, 2027 if the Index closes at or above 90% of its initial level, paying back $1,000 plus a call premium that starts at 16% and steps up to 80% by the final review date.

The notes do not pay interest or dividends, and investors risk losing more than 30% and up to all principal if the Index finishes below 70% of its initial level at maturity. The Index embeds a 6.0% per annum daily deduction and can use up to 500% leveraged exposure to E-mini S&P 500 futures, which may magnify losses. The price to the public is $1,000 per note, including $42.50 in selling commissions; the issuer’s estimated value is $900 per $1,000, reflecting structuring, hedging costs and internal funding assumptions.

J.P. Morgan provides a February 2026 performance update for its Kronos+ Index, which gives dynamic uninvested, fully invested or 2x leveraged exposure to the S&P 500® Price Index using turn-of-month, options-expiry momentum and month-end mean reversion strategies.

The Index, established on December 22, 2020, is calculated without dividends and includes a daily fee of 0.95% per annum. From January 2016 to January 2026, hypothetical and actual data show a Sharpe Ratio of 0.76, 10-year annualized volatility of 25.64% and 10-year annualized return of 19.59%, based partly on backtested results.

Recent calendar-year returns for the Index include 100.70% in 2020, 42.26% in 2021, -37.08% in 2022, 32.11% in 2023, 10.58% in 2024 and 2.08% in 2025. The materials stress that past and hypothetical backtested performance are not indicative of future results and highlight multiple strategy, fee, rate and methodology risks for investors considering notes linked to the Index.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, fully guaranteed by JPMorgan Chase & Co., and maturing in February 2031. Investors receive contingent monthly interest only when the Index closes at or above 70% of its Initial Value, with missed coupons paid later if conditions are met. The notes may be automatically called starting February 19, 2027 if the Index is at or above its Initial Value on specified review dates, returning principal plus accrued contingent interest. Principal is protected only by a 20% buffer; if the Final Index Value falls more than 20% below the Initial Value, investors lose 1% of principal for each additional 1% decline, up to an 80% loss of principal. The indicative contingent interest rate is at least 8.50% per annum, but payments are not guaranteed. The underlying Index includes a 6.0% per annum daily deduction and a notional financing cost, which drag on performance and cause it to trail an otherwise identical index without these charges. If priced today, the estimated value would be about $911.70 per $1,000 note, and at pricing it will not be less than $900, reflecting structuring and hedging costs.

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering Callable Range Accrual Notes linked to the 10-Year CMT Rate and due February 27, 2046. On the maturity date, holders receive principal plus any accrued and unpaid interest.

The notes pay a fixed 10.00% per annum during the initial interest periods through February 27, 2027. After that, monthly interest ranges from 0.00% to 10.00% per annum, based on how many days the 10-Year CMT Rate is at or below 5.00%; if it exceeds 5.00% every day in a period, no interest is paid for that period.

Starting February 27, 2027, the issuer may redeem the notes monthly at 100% of principal plus accrued interest. The estimated value, if the notes priced on the described date, would be about $935.70 per $1,000 note and will not be less than $910.00, reflecting selling commissions, hedging costs and issuer funding assumptions. The notes are unsecured obligations, not bank deposits, and are not insured by the FDIC.

JPMorgan Chase Financial Company LLC is offering callable contingent interest notes linked to the common stock of Chipotle Mexican Grill, Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about February 17, 2026 and mature on February 23, 2028.

Investors may receive quarterly contingent interest at a rate of at least 9.30% per annum (2.325% per quarter) if Chipotle’s share price on each Review Date is at or above 55.00% of the Initial Value. Missed coupons can be paid later if the barrier is met, but interest is not guaranteed.

The issuer may redeem the notes early on specified Interest Payment Dates, starting August 20, 2026. If held to maturity and the final share price is below the 55% trigger, repayment is reduced in line with the stock’s loss, and investors can lose a significant portion or all of their principal.

The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial Company LLC, subject to the credit risk of both the issuer and JPMorgan Chase & Co., and will not pay dividends or provide shareholder rights in Chipotle stock.

J.P. Morgan Tactical Blend Index is described in this Rule 424(b)(3) index supplement, which supports notes linked to the Index under Registration Statement Nos. 333-270004 and 333-270004-01. The document presents hypothetical backtested and actual historical monthly and annual returns through January 31, 2026.

The Index allocates notional exposure among currency, bond and equity Basket Constituents, including the Invesco DB US Dollar Index Bullish Fund, the J.P. Morgan Core Bond Index and the J.P. Morgan U.S. Low Volatility Index. It is calculated on an excess return basis over the US Fed Funds Effective Rate and is subject to a 0.85% per annum daily deduction.

The supplement explains extensive use of hypothetical backtested and alternative “proxy” performance for certain Basket Constituents prior to their launch and sufficient liquidity, and repeatedly warns that historical and backtested performance and allocations are not indicative of future results. It highlights numerous strategy and market risks and notes that the notes are unsecured, not bank deposits, not FDIC insured, and have not been approved or disapproved by the SEC or any state commission.

J.P. Morgan Tactical Blend Index is a rules-based index that dynamically allocates between a low-volatility U.S. equity index and either a core bond index or a U.S. dollar ETF, aiming to maintain targeted volatility. It is calculated on an excess return basis, net of the U.S. Fed Funds Effective Rate, and applies a 0.85% per annum daily deduction.

From January 2016 to January 2026, the Index shows a Sharpe Ratio of 0.75, with 10-year annualized volatility of 3.57% and a 10-year annualized return of 2.67%. The 1-year return over this period is -1.01%. Over the same horizon, a Domestic 30/70 Portfolio (ER) has a Sharpe Ratio of 0.53 and 10-year annualized volatility of 6.32%, while a Global 30/70 Portfolio (ER) has a Sharpe Ratio of 0.34 and 10-year annualized volatility of 6.17%.

Recent average monthly Index weights from August 2025 through January 2026 show allocations concentrated in the bond and equity constituents, with no allocation to the currency constituent in the excerpt. The document emphasizes that much of the performance history is hypothetical backtested data and highlights multiple risks, including the Index’s limited operating history, potential deviations from target volatility, reliance on momentum-based rebalancing, and the possibility of underperforming alternative strategies.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing auto callable contingent interest notes linked to Walmart Inc. common stock, maturing on February 23, 2029.

The notes pay a monthly contingent interest rate of at least 10.60% per annum if Walmart’s closing share price on an Interest Review Date is at or above 70% of the Initial Value, called the Interest Barrier. If the price is below that level, no interest is paid for that month.

The notes are automatically called on quarterly Autocall Review Dates starting May 18, 2026 if Walmart’s share price is at or above the Initial Value, returning principal plus the applicable interest. If not called and the Final Value is below 70% of the Initial Value, investors lose 1% of principal for each 1% decline, which can mean losing more than 30% or even all principal. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. An illustrative estimated value is $978.20 per $1,000 note, and the final estimated value will not be less than $940.00 per $1,000 note.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Buffered Return Enhanced Notes linked to the S&P 500 Futures Excess Return Index, maturing in February 2031.

The notes provide uncapped upside of at least 1.58 times any positive index return at maturity, a 20% downside buffer, and expose investors to up to 80% principal loss if the index falls more than 20%. They pay no interest, are unsecured and unsubordinated, and are subject to the credit risk of both the issuer and the guarantor. The minimum denomination is $1,000. If priced on the example date, the estimated value would be about $950.10 per $1,000 note, and when finalized will not be less than $900.00, reflecting embedded selling, structuring and hedging costs.

The underlying index tracks excess-return performance of front-month E‑mini S&P 500 futures, including roll costs, and may underperform the S&P 500 Index, especially when interest rates are high or roll returns are negative. The notes will not be listed, and secondary market prices are expected to be below the issue price.

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering long-dated Callable Fixed to Floating Rate Notes due February 27, 2046. The notes pay a fixed interest rate of 11.50% per annum during the initial interest periods through February 27, 2027.

After that, monthly interest becomes floating, equal to (5.35% − the 10-Year CMT Rate) × 10, subject to a 0.00% minimum and a 16.00% maximum per annum. Interest is paid monthly, and the issuer may redeem the notes in whole, but not in part, on the 27th day of each month from February 27, 2027 through January 27, 2046 at par plus accrued interest.

The benchmark is the 10-Year Constant Maturity Treasury rate from Federal Reserve H.15, with the calculation agent able to determine a successor rate and related conventions if that benchmark is discontinued. The notes are unsecured obligations, not bank deposits, and are not insured by the FDIC. Proceeds will be used for general corporate purposes and related hedging, and investors are directed to detailed risk factors describing interest rate, liquidity, benchmark and conflict-of-interest risks.

JPMorgan Chase & Co. is offering $3,642,000 of callable fixed rate notes due February 11, 2056. The notes pay fixed interest at 5.55% per annum, calculated on a 30/360 basis, with interest paid annually on February 11, beginning in 2027.

JPMorgan may redeem the notes, in whole but not in part, on February 11 and August 11 of each year from August 11, 2030 through August 11, 2055 at par plus accrued interest. The price to the public is $1,000 per note, with $21.50 per $1,000 in selling commissions, resulting in issuer proceeds of $978.50 per $1,000, or $3,563,697 in total.

The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits and are not insured by the FDIC or any other government agency. The filing highlights that in a resolution scenario, holders rank behind creditors of JPMorgan subsidiaries and priority and secured creditors.

JPMorgan Chase Financial Company LLC is offering $300,000 of capped barrier notes linked to the SPDR® Gold Trust, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes provide unleveraged exposure to gold via GLD with a maximum return of 43.60% and no periodic interest.

Investors receive up to $1,436 per $1,000 note if GLD appreciates, principal back if the final price is at or above 70% of the $441.88 strike, and 1:1 losses below that barrier, with potential loss of all principal. The price to public is $1,000 per note, including $20 in selling commissions, for issuer proceeds of $980 per note and an estimated fair value of $967.80.

JPMorgan Chase Financial Company LLC is offering unsecured Digital Barrier Notes linked to the SPDR Gold Trust, the Russell 2000 Index and the Nasdaq-100 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., and maturing in February 2028.

Investors receive a fixed return of at least 29.50% at maturity if the final value of each underlying is at least 80% of its initial value. If any underlying finishes below 80% but at or above 70%, principal is returned. Below 70% on any underlying, repayment is reduced one-for-one with the loss on the worst performer, and all principal can be lost.

The notes pay no interest or dividends, carry JPMorgan credit risk, are not FDIC insured and are not listed on an exchange. Minimum denomination is $1,000. If priced today, the estimated value would be about $981.50 per $1,000, and will not be less than $900.00 per $1,000 at pricing.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Medium-Term Notes, Series A, “Digital Equity Notes due 2027” linked to the S&P 500® Index.

The notes pay no interest and mature on July 21, 2027. For each $1,000 note, if the S&P 500 final level is at least 90% of its initial level, investors receive a fixed threshold settlement amount, expected between $1,111.80 and $1,131.50, capping upside at roughly 11–13%. If the index falls more than 10%, principal loss is leveraged: every additional 1% decline beyond 10% reduces repayment by about 1.1111%, potentially to zero. The estimated value at issuance is expected between $979.60 and $989.60 per $1,000, reflecting structuring and hedging costs. The notes are unsecured obligations subject to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., will not be listed on an exchange, and may have limited liquidity and potentially lower secondary market prices.

JPMorgan Chase Financial Company LLC is offering $415,000 of auto callable contingent interest notes linked to the least performing of Centene, Invesco and Coinbase Class A common stock, maturing February 14, 2028 and fully guaranteed by JPMorgan Chase & Co.

The notes pay a high contingent coupon of 26.75% per year (6.6875% per quarter) only if, on a Review Date, each stock closes at or above 60% of its strike price. From the second Review Date onward, the notes are automatically called if all three stocks are at or above their strike values, returning principal plus due and unpaid coupons.

If never called and any stock finishes below its 60% trigger at final valuation, repayment is reduced in line with the worst stock’s loss, and investors can lose more than 40% and up to all of principal. The price to public is $1,000 per note, with an estimated value of $914.60 and $40 in selling commissions per $1,000.