Alerian MLP Index ETNs due January 28 2044 424B Filings

JPMorgan Chase Financial Company LLC is offering Capped Dual Directional Buffered Equity Notes linked to the lesser-performing of the Russell 2000® and S&P 500® indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are scheduled to mature on March 30, 2027.

The notes provide unleveraged upside to index gains, capped at a Maximum Upside Return of at least 13.25%, and a “dual directional” feature where declines of up to 10.00% in the lesser-performing index generate positive returns using the absolute decline. Losses beyond this 10.00% buffer result in principal loss up to 90.00%. Investors forgo interest and dividends, face credit risk of both JPMorgan entities, and the notes will not be listed, so liquidity may be limited. An illustrative estimated value is $964.20 per $1,000 principal amount, with final estimated value not less than $900.00.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering callable contingent interest notes linked to the worst performer among Palantir, SoFi and Oscar Health common stocks, maturing on August 12, 2027, in $1,000 minimum denominations.

The notes pay a monthly contingent coupon of at least 24.90% per annum (at least $20.75 per $1,000) only if, on a review date, each stock closes at or above 50% of its initial price. Missed coupons can be made up later if the condition is met. The issuer may redeem the notes early on specified interest payment dates starting August 13, 2026.

At maturity, if any stock finishes below 50% of its initial level and the notes have not been called, repayment of principal is reduced one-for-one with the decline of the worst-performing stock, and the entire principal can be lost. The notes are unsecured obligations subject to the credit risk of both the issuer and guarantor. The indicative estimated value is about $870.20 per $1,000 note, and will not be less than $850.00, reflecting embedded costs and hedging economics.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on February 16, 2029, in minimum denominations of $1,000.

The notes can pay a contingent interest rate of at least 11.00% per year, or at least 2.75% per quarter, but only when the index closes at or above 60% of its initial value on a review date. If on certain review dates the index is at or above its initial level, the notes are automatically called and pay back principal plus that period’s contingent interest.

Principal is at risk. If the notes are not called and the final index level falls below 50% of the initial value, investors lose 1% of principal for each 1% index decline and can lose the entire investment. The index itself includes a built-in 6.0% per annum daily deduction, which drags on performance. The preliminary estimated value is about $950 per $1,000 note, and will not be less than $930 when finalized, reflecting structuring and hedging costs.

JPMorgan Chase Financial Company LLC is offering uncapped Dual Directional Buffered Return Enhanced Notes linked to the lesser performing of the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes offer at least 1.15 times any positive performance of the lesser performing index at maturity and a capped positive return when that index declines by up to the 15.00% buffer. If either index falls by more than 15.00%, principal is reduced 1% for each additional 1% decline, up to an 85.00% loss. The notes pay no interest or dividends, are unsecured obligations subject to the credit risks of JPMorgan Financial and JPMorgan Chase & Co., and will be issued in $1,000 minimum denominations. If priced on the example date, the estimated value would be approximately $977.00 per $1,000 note and will not be less than $900.00 per $1,000 at pricing.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the Class A ordinary shares of On Holding AG, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes run to February 9, 2029 and pay a quarterly contingent coupon at a rate of at least 14.00% per annum if, on a review date, On Holding’s share price is at or above 55.00% of the initial value.

The notes are automatically called, starting May 6, 2026, if the share price is at or above the initial value on a review date, returning principal plus the applicable coupon. If not called and the final share price is below the 55.00% trigger, investors lose 1% of principal for each 1% decline from the initial value and can lose their entire investment. These unsecured notes have an estimated value of about $950 per $1,000 at pricing and at least $930, reflecting embedded costs and hedging.

JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated structured notes, fully and unconditionally guaranteed by JPMorgan Chase & Co., linked to the least performing of the Dow Jones Industrial Average®, the Russell 2000® Index and the Nasdaq-100 Index® and maturing on March 1, 2029.

The notes can be automatically called on specified Review Dates starting February 24, 2027 if each index closes at or above 100% of its Initial Value, paying back principal plus a call premium of at least 12% to 36% of the $1,000 denomination, depending on the call date.

If the notes are not called and any index finishes below 70% of its Initial Value on the final Review Date, repayment at maturity is reduced one-for-one with the decline of the worst-performing index, exposing holders to loss of more than 30% and up to their entire principal. The notes pay no interest, provide no dividends, and any payment depends on the credit of JPMorgan Financial and JPMorgan Chase & Co.

The indicative estimated value is approximately $953.60 per $1,000 note if priced on the reference date, and will not be less than $900.00 per $1,000 at pricing, reflecting selling commissions, hedging costs and issuer funding assumptions.

JPMorgan Chase & Co. is offering callable fixed rate notes maturing on February 13, 2046. The notes pay interest annually on February 13 at a fixed rate of 5.65% per annum, calculated on a 30/360 day count basis and paid in arrears.

Starting February 13, 2028, and every February 13 and August 13 thereafter to August 13, 2045, the issuer may redeem the notes at par plus accrued interest. The notes are unsecured obligations, not bank deposits, not FDIC insured, and would rank behind subsidiary creditors in a resolution scenario. Selling commissions are up to $47.50 per $1,000 principal, and the public offering price per note is between $950.10 and $1,000.

JPMorgan Chase Financial Company LLC is offering capped digital notes linked to the J.P. Morgan Dynamic Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes target full principal repayment at maturity on March 1, 2029, subject to issuer and guarantor credit risk.

If the Index’s final level is at or above its initial level, investors receive a fixed return of at least 19.50% on the $1,000 denomination, capping upside regardless of how much the Index rises. If the Index ends below its initial level, investors receive only their principal back at maturity.

The underlying Index dynamically allocates between a U.S. large-cap equity futures index and a 2‑year U.S. Treasury futures index, aiming for 3.0% target volatility and charging a 0.95% per annum daily deduction, which drags performance versus a fee‑free portfolio. The notes pay no periodic interest, are unsecured and unsubordinated, and will not be listed on an exchange. The issuer estimates an initial value below the $1,000 price (illustratively about $940.20 per note, with a stated minimum of $900.00 per note), reflecting selling commissions, hedging costs and internal funding assumptions.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Small-Cap Vol Advantage Index, maturing March 4, 2031. The notes pay a contingent interest rate of at least 13.50% per annum, or at least 3.375% per quarter, only when the Index on a review date is at or above 60% of its initial level.

The notes are automatically called, with return of principal plus the applicable interest payment, if on any review date after the first and before the last the Index is at or above its initial level. If held to maturity and the final Index level is at or above 60% of the initial level, principal is repaid plus the final contingent interest. If the final level is below 60%, repayment is reduced one-for-one with the Index loss, and all principal can be lost.

The underlying Index uses leveraged exposure to E-mini Russell 2000 futures and is subject to a 6.0% per annum daily deduction, which drags on performance. The notes are unsecured, unsubordinated obligations, subject to the credit risk of JPMorgan Chase Financial and JPMorgan Chase & Co., offered in $1,000 minimum denominations, with an indicative estimated value of about $927.40 per $1,000, not less than $900.

JPMorgan Chase Financial Company LLC is offering 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 at least 9.75% per year, credited monthly, but only if on each monthly review date the closing level of every index is at or above 70% of its initial level. If any index is below this barrier on a review date, no interest is paid for that month.

The notes may be automatically called quarterly, starting in August 2026, if all three indices are at or above their initial levels, returning $1,000 per note plus the applicable interest, after which no further payments are made. If the notes are not called and, at maturity in February 2028, every index is at or above 70% of its initial level, investors receive $1,000 per note plus the final interest payment. If any index finishes below 70%, repayment is reduced one-for-one with the decline of the worst-performing index, and investors can lose a significant portion or all of their principal.

The notes are unsecured, unsubordinated obligations of JPMorgan Chase Financial, subject to the credit risk of both the issuer and JPMorgan Chase & Co., offered in minimum denominations of $1,000. If priced on the date of the example, the estimated value would be about $975 per $1,000 note, and will not be less than $900 per $1,000 when finally set, reflecting embedded costs and dealer compensation of up to $5 per $1,000.

JPMorgan Chase Financial Company LLC is offering 3-year notes linked to the J.P. Morgan Dynamic Blend℠ Index, with full principal repayment at maturity subject to issuer and guarantor credit risk. The notes pay a contingent digital return of at least 19.50% per $1,000 if the Index’s final value is at or above its initial value on the observation date; otherwise, investors receive only their $1,000 principal.

The Index dynamically allocates between a U.S. large-cap equity futures index and a 2-year U.S. Treasury futures index, targeting 3.0% volatility and deducting 0.95% per year. The minimum denomination is $1,000 and the estimated value will not be less than $900 per $1,000 note, which may be lower than the price paid.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the Nasdaq-100, Russell 2000 and S&P 500 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay monthly contingent interest between 7.75% and 9.75% per annum if on each review date all three indices close at or above 80% of their initial values.

The notes can be automatically called as early as August 13, 2026 if each index is at or above its initial value, returning principal plus the applicable interest for that date. If the notes are not called and, at maturity, every index is at or above 70% of its initial value, investors receive full principal back plus any final contingent interest.

If at maturity any index is below 70% of its initial value, repayment is reduced one-for-one with the decline of the worst-performing index, and investors can lose most or all of their principal. The notes are unsecured, not FDIC insured, and subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The estimated value is indicated around $949.60 per $1,000 note, and will not be less than $900.00 per $1,000 at pricing, reflecting embedded fees and hedging costs. The document highlights significant risks, including the possibility of no interest payments, limited liquidity, index volatility, conflicts of interest and uncertain tax treatment.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., offers auto callable contingent interest notes linked to the lesser performance of the Nasdaq-100® Technology Sector and the Russell 2000® Index, maturing on September 1, 2027.

The notes may pay monthly contingent interest of at least 9.75% per annum (0.8125% per month) when both indices stay at or above 75% of their initial values. They can be automatically called as early as August 27, 2026 if each index is at or above its initial value, returning principal plus the applicable interest. If not called and either index finishes below its 75% trigger level, repayment is reduced one-for-one with the loss in the weaker index, and investors can lose most or all of their principal.

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering 5-year, auto-callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, in minimum denominations of $1,000.

The notes pay a contingent interest rate of at least 16.75% per annum, credited monthly, but only when the index level on an interest review date is at or above 75% of its initial value. A quarterly auto-call feature, after a one-year non-call period, redeems the notes at $1,000 plus any due interest if the index is at or above its initial level.

At maturity, if not called and the index is at or above 85% of its initial value, investors receive $1,000 plus the final contingent interest payment. Below that 85% buffer threshold, principal is reduced so that losses begin once the index decline exceeds 15%, and investors can lose some or most of their principal. The index embeds a 6.0% per annum daily deduction and the QQQ Fund exposure bears a daily notional financing cost, and all payments are subject to the credit risk of the issuer and guarantor.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering six series of Capped Buffered Return Enhanced Notes maturing on March 2, 2028, each linked to a single equity index or ETF, such as the S&P 500, Nasdaq‑100 and iShares MSCI ETFs.

The notes provide 2.00x leveraged upside on any positive underlying performance, but gains are capped, with indicative maximum returns ranging from about 18.25% to 32.75% per $1,000 note, depending on the underlying. A 10% downside buffer applies; beyond that, investors lose 1% of principal for each additional 1% decline, up to a 90% loss. The notes pay no interest or dividends, are unsecured obligations subject to JPMorgan credit risk, and initial estimated values are below the $1,000 issue price, reflecting selling commissions, hedging costs and issuer funding assumptions.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, maturing on March 4, 2031, in $1,000 minimum denominations.

The notes can pay a quarterly contingent interest rate of at least 13.50% per annum if, on a review date, the index is at or above 60% of its initial value. If on any review date (other than the first and final) the index is at or above its initial value, the notes are automatically called and repaid at $1,000 plus that period’s interest.

If the notes are not called and the final index value is below 60% of the initial value, the maturity payment falls in line with the index loss, and principal can be largely or entirely lost. Payments depend on the credit of JPMorgan Financial and JPMorgan Chase & Co.

The underlying index uses dynamic leverage of up to 500%, targets 35% implied volatility and applies both a 6.0% per annum daily deduction and a daily notional financing cost on the QQQ Fund, which structurally weighs on index performance.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, maturing March 2, 2029. The notes can pay a quarterly contingent coupon of at least 12.50% per year if, on a Review Date, the Index closes at or above 60% of its initial level.

The notes are automatically called, returning $1,000 plus the applicable coupon, if on any non‑first, non‑final Review Date the Index closes at or above its initial level. If held to maturity and not called, investors receive principal plus the final coupon only if the Index is at or above the 60% trigger.

If the final Index level is below the 60% trigger, repayment is reduced one‑for‑one with the Index loss, and investors can lose more than 40% and up to all of their principal. The Index itself is reduced by a 6.0% per year daily deduction and a notional financing cost, which drag on performance and may cause it to lag similar strategies without these charges.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a quarterly contingent coupon of at least 10.50% per annum when the index is at or above 60% of its initial level on a review date.

The notes can be automatically called as early as August 24, 2026 if the index closes at or above its initial value on a review date, returning principal plus the applicable coupon. If held to maturity on March 1, 2029 and the index finishes below 60% of its initial value, investors lose principal in line with the index decline and could face a total loss.

The underlying index uses leverage, targets 35% implied volatility, and applies both a 6.0% per annum daily deduction and a daily notional financing cost, which drag on performance. The unsecured notes are issued in $1,000 denominations, are subject to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., and carry an estimated value below par at issuance.

JPMorgan Chase Financial Company LLC plans to issue auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, maturing on February 27, 2031 and fully guaranteed by JPMorgan Chase & Co. The notes pay a quarterly contingent coupon of at least 9.50% per annum if, on a Review Date, the Index closes at or above 50% of its Initial Value.

The notes can be automatically called starting on February 24, 2027 if the Index is at or above its Initial Value, returning principal plus the applicable coupon. If held to maturity and the Final Index Value is below the 50% Trigger Value, repayment is reduced one-for-one with the Index decline, and investors can lose more than half, up to all, of principal. The Index embeds a 6.0% per annum daily deduction and a notional financing cost on the QQQ Fund, which drag on performance. The estimated value is about $901.30 per $1,000 note, and will not be less than $900.00 at pricing.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, maturing February 27, 2031. Each note has a $1,000 denomination and pays a quarterly contingent coupon at a rate of at least 11.50% per annum if, on a review date, the index is at or above 60% of its initial level.

The notes are automatically called, returning $1,000 plus the applicable coupon, if on any review date after the first and before the final the index closes at or above its initial level. If held to maturity and the final index level is below the 60% trigger, repayment is reduced one-for-one with the index loss, and all principal can be lost. The index embeds a 6.0% per annum daily deduction and a notional financing cost on the QQQ Fund, which drag on performance. The preliminary estimated value is approximately $904.20 per $1,000 note, and will not be less than $900.00.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked individually to the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing on February 16, 2029.

The notes can pay a monthly contingent coupon of at least 9.25% per annum (at least $7.7083 per $1,000) whenever, on an Interest Review Date, each index is at or above 70% of its initial level. If on a quarterly Autocall Review Date all indices are at or above their initial levels, the notes are automatically called, returning $1,000 plus that period’s coupon.

If the notes are not called and, at maturity, any index is below 70% of its initial level, principal is reduced one-for-one with the decline in the worst-performing index, and investors can lose most or all of their investment. The indicative estimated value is approximately $967.50 per $1,000 at pricing and will not be less than $900.00 per $1,000, reflecting embedded selling commissions, hedging costs and issuer funding assumptions. The notes are unsecured, unsubordinated obligations, not deposits, and carry both market risk on the indices and credit risk of JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing auto callable contingent interest notes due February 23, 2029 linked to the least performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index.

The notes pay a contingent coupon of at least 9.00% per annum, credited monthly, but only for review dates when each index closes at or above 75.00% of its Initial Value. From February 17, 2027, the notes are automatically called if on a review date each index is at or above its Initial Value, returning principal plus that period’s interest.

If not called and any index finishes below its 75.00% trigger on the final review date, repayment is reduced one-for-one with the least performing index’s loss, and investors can lose more than 25% and up to all principal. If priced on the example date, the estimated value would be about $963.80 per $1,000 note, and the final estimated value will not be less than $900.00 per $1,000.

JPMorgan Chase Financial Company LLC is offering unsecured Uncapped Buffered Return Enhanced Notes linked to the least performing of the Dow Jones Industrial Average®, Russell 2000® Index and S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes run to March 2, 2029, with a 10.00% downside buffer and an upside leverage factor of at least 1.63 applied to any positive return of the worst-performing index. Investors forgo interest and dividends and can lose up to 90.00% of principal based on index performance and the issuers’ credit. If priced on the indicated terms, the estimated value would be about $969.30 per $1,000 note and will not be less than $900.00 per $1,000 note.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index, maturing in 2031. The notes pay a Contingent Interest Payment on each Review Date only if the Index closes at or above 50% of its Initial Value, the Interest Barrier.

The notes may be automatically called starting in 2027 if the Index is at or above its Initial Value on designated Review Dates. Principal is at risk: if at maturity the Index is below 50% of its Initial Value, repayment is reduced one-for-one with the Index loss, potentially to zero. The Index itself is dragged by a 6.0% per annum daily deduction and a notional financing cost, may use leverage up to 500% exposure, and can be significantly uninvested, all of which can materially depress performance. Payments depend on the credit of JPMorgan Financial and guarantor JPMorgan Chase & Co., and the estimated value at pricing is expected to be below the $1,000 issue price.

JPMorgan Chase Financial Company LLC plans to issue auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon only when the index closes at or above 60% of its initial level on a review date.

The notes can be called early starting August 24, 2026 if the index is at or above its initial value, returning principal plus the applicable coupon. If held to maturity and the final index level is below the trigger (also 60% of initial), investors lose 1% of principal for each 1% index decline, potentially losing their entire investment.

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 drags performance versus a similar index without such a fee. An example contingent interest rate of 11.50% per year (2.875% quarterly) is shown, and the indicative estimated value is about $904.20 per $1,000 note, below the $1,000 issue price, reflecting selling costs and hedging margins.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, fully guaranteed by JPMorgan Chase & Co. The notes pay contingent interest only when the Index closes at or above 60% of its initial level on a review date.

The notes can be automatically called as early as August 27, 2026 if the Index closes at or above its initial value on a review date, returning principal plus that period’s interest. If held to March 2, 2029 and the final Index level is below 60% of the initial value, principal is reduced one-for-one with the Index decline, potentially to zero.

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 drags performance and can cause declines even when the futures strategy is flat or modestly positive. If priced today, the estimated value would be about $940.50 per $1,000 note, and at pricing it will not be less than $900.00 per $1,000, reflecting selling commissions, hedging costs and JPMorgan’s internal funding rate.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on March 1, 2029 and fully guaranteed by JPMorgan Chase & Co. The notes pay a contingent quarterly coupon only when the Index is at or above 60% of its Initial Value on a Review Date and may be automatically called starting August 24, 2026 if the Index is at or above its Initial Value.

If not called and the Final Index level is below 60% of the Initial Value, principal is reduced 1% for every 1% decline, with the potential for a total loss. A hypothetical contingent interest rate of 10.50% per year (2.625% per quarter) is used in examples, and the issuer estimates the current value at about $919.30 per $1,000 note, with a final estimated value not less than $900. The Index embeds a 6.0% per annum daily deduction and can employ up to 500% futures leverage, which can significantly drag on performance and amplify losses.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, guaranteed by JPMorgan Chase & Co. The notes can pay quarterly contingent interest only when the index stays at or above a set barrier and may be called early if the index is at or above its initial level after the first three review dates.

Principal is not protected; if the index finishes below the trigger level at maturity, investors lose principal in line with the index decline, potentially all their investment. The index embeds a 6.0% per annum daily deduction and uses leveraged exposure (up to 500%) to E-mini S&P 500 futures, creating meaningful performance drag and higher volatility. The notes are unsecured, unlisted, have an estimated value below par, and involve complex tax, liquidity and conflict-of-interest risks.

JPMorgan Chase Financial Company LLC is offering structured notes called Uncapped Accelerated Barrier Notes linked to the lesser performance of the Russell 2000 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes provide at least 1.42 times any positive return of the lesser performing index at maturity, with no cap, if both indices finish above their initial levels. If either index finishes at or below its initial level but both stay at or above 70% of their initial values, investors receive only their principal back.

If either index falls below 70% of its initial value, repayment is reduced one-for-one with the lesser performing index’s loss, and investors can lose up to all principal. The notes pay no interest or dividends, are unsecured, have no exchange listing, and carry the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. A preliminary estimated value is approximately $969.00 per $1,000 note, and the final estimated value will not be less than $900.00 per $1,000 note.

JPMorgan Chase Financial Company LLC is offering uncapped Buffered Return Enhanced Notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes provide at least 1.47x any positive performance of the least performing index at maturity, with a 10% downside buffer. If that index falls more than 10%, investors lose 1% of principal for each additional 1% decline, up to a 90% loss of principal.

The notes pay no interest, provide no dividends, and are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. They are not listed, and secondary market liquidity depends on J.P. Morgan Securities’ willingness to trade, likely at prices below the original $1,000 issue price.

If priced on the example date, the estimated value would be about $941 per $1,000 note and will not be less than $900 per note when finalized, reflecting selling commissions, hedging costs and issuer funding assumptions. The document highlights significant risks, including potential conflicts of interest, small-cap exposure via the Russell 2000, complex tax treatment and possible adverse future tax guidance.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing Uncapped Accelerated Barrier Notes linked to the least performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing in March 2031.

The notes aim to pay at maturity at least 1.59× any positive performance of the least performing index, provided all three indices finish above their initial levels. If any index finishes below its initial level but all remain at or above 70% of initial, investors receive only principal back.

If any index ends below the 70% barrier, repayment is reduced one-for-one with the least performing index’s loss, leading to losses greater than 30% and potentially a total loss of principal. The notes pay no interest or dividends, carry the credit risk of JPMorgan entities, are not exchange-listed, and their estimated value today is illustrated at about $954.70 per $1,000, with a minimum estimated value at pricing of $900.

JPMorgan Chase Financial Company LLC is offering uncapped accelerated barrier notes linked to the least performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, maturing in February 2031 and fully guaranteed by JPMorgan Chase & Co.

The notes provide at least 1.45x participation in any positive return of the worst-performing index at maturity, with full principal return only if every index finishes at or above 70% of its initial level. If any index ends below this 70% barrier, investors lose 1% of principal for each 1% decline of the least performing index, potentially losing all principal.

The notes pay no interest, pass through no dividends, and expose holders to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. They are not bank deposits, are not FDIC insured, will not be listed on an exchange, and may be hard to sell. The preliminary estimated value is about $930.90 per $1,000 note, and the final estimated value will not be less than $900.00, reflecting embedded selling, structuring and hedging costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked individually to the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing in February 2028.

The notes can pay monthly contingent interest at a rate of at least 7.50% per annum (0.625% per month) when each index closes at or above 70% of its Initial Value. Quarterly, starting on August 13, 2026, the notes are automatically called if each index is at or above its Initial Value, returning principal plus that period’s interest.

If the notes are not called and the least-performing index finishes below its 70% Trigger Value at maturity, investors lose 1% of principal for each 1% decline from its Initial Value, potentially up to a total loss. The preliminary estimated value is about $956.20 per $1,000 note and will not be less than $900, reflecting structuring, selling and hedging costs and JPMorgan’s internal funding rate.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., and scheduled to mature on August 18, 2027.

Investors may receive monthly contingent interest only if the closing level of each index on an Interest Review Date is at or above 70% of its Initial Value. The illustrative contingent interest rate is 8.25% per annum, paid at 0.6875% per month when conditions are met.

The notes are automatically called, and principal returned with the applicable interest, if on any quarterly Autocall Review Date each index closes at or above its Initial Value, with the earliest possible call on August 13, 2026. If not called and any index finishes below its 70% Trigger Value at maturity, investors lose 1% of principal for every 1% decline of the least performing index, potentially up to a total loss.

The notes are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The estimated value, if priced today, would be about $967.60 per $1,000 note, 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 Capped Buffered Return Enhanced Notes linked to the S&P 500® Index, maturing on June 2, 2027. The notes provide 2.00x upside exposure to any index gains, capped at a maximum return between 10.00% and 14.00%.

Investors receive full principal back at maturity if the S&P 500® decline does not exceed the 10.00% buffer. If the index falls by more than 10.00%, principal is reduced 1% for each additional 1% drop, up to a possible 90.00% loss.

The notes pay no interest, do not pass through dividends, and are unsecured, unsubordinated obligations of JPMorgan Chase Financial, subject to the credit risk of both the issuer and guarantor. Minimum denomination is $1,000, and the estimated value example is approximately $973.40 per $1,000 note.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Accelerated Barrier Notes linked to the S&P 500® Futures Excess Return Index, maturing on March 4, 2031. Each note has a $1,000 denomination and does not pay periodic interest.

At maturity, if the Index is above its initial level, investors receive $1,000 plus the Index gain multiplied by an upside leverage factor of at least 1.96. If the Index finishes at or above 70% of its initial level, principal is returned. If it ends below 70%, repayment is reduced one-for-one with the Index loss and investors can lose all principal.

The notes are unsecured and unsubordinated obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The preliminary estimated value is approximately $957.90 per $1,000 note, and the final estimated value will not be less than $900.00, reflecting selling commissions, hedging costs and issuer funding assumptions.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable accelerated barrier notes linked to the common stock of Salesforce, Inc. The notes target investors seeking equity-linked upside without stock ownership but who can tolerate substantial downside risk.

The notes may be automatically called on February 10, 2027 if Salesforce’s share price is at or above 90% of its initial level, paying $1,000 plus a call premium of at least $210 per $1,000 note. If not called and the stock finishes above its initial level at maturity in February 2029, investors receive 1.50 times the positive stock return.

If the final stock price is at or above 70% but below the initial level, principal is returned. If it falls below 70% of the initial level, repayment is reduced one-for-one with the stock loss, and investors can lose all principal. The notes pay no interest, pass through no dividends, are unsecured obligations, and any payment depends on the credit of JPMorgan Chase Financial and JPMorgan Chase & Co. The estimated value is illustrated at approximately $977.50 per $1,000 note, and will not be less than $940.00 per $1,000 at pricing.

JPMorgan Chase Financial Company LLC is offering structured Capped Accelerated Barrier Notes linked to the iShares Bitcoin Trust ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are designed to pay 1.20 times any positive fund return at maturity, up to a maximum return of at least 193.15%.

Principal is protected only if the ETF’s final price is at or above 60% of its initial level. If it falls below that 60% barrier, repayment is reduced one-for-one with the ETF loss and investors can lose all of their money. The notes pay no interest and are unsecured obligations, exposing holders to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co.

The product embeds exposure to bitcoin through the ETF, so it carries the substantial volatility and regulatory risks associated with cryptocurrencies. The issuer’s own estimated value per $1,000 note is initially below the public offering price, reflecting selling commissions, structuring and hedging costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Dual Directional Buffered Return Enhanced Notes linked to the S&P 500® Futures Excess Return Index, maturing on July 11, 2029.

The notes offer at least 1.65x any positive Index performance with no upside cap, and a dual-direction feature that pays the absolute value of Index declines up to a 10% buffer. Beyond a 10% Index loss, investors lose 1% of principal for each additional 1% decline, up to a 90% loss. The notes pay no interest, are unsecured and unsubordinated, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. A preliminary estimated value is approximately $983.50 per $1,000 note, and the final estimated value will not be less than $900.00 per $1,000 note.

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 Wayfair Inc., maturing on February 1, 2029. The notes pay a quarterly contingent interest rate of at least 16.15% per annum (at least $40.375 per $1,000 per quarter) only when Wayfair’s share price on a Review Date is at or above the Interest Barrier, set at 50.00% of the Strike Value of $107.54.

The notes are auto callable: if Wayfair’s share price on any non‑final Review Date is at or above the Strike Value, investors receive $1,000 per note plus the current and any unpaid contingent interest, and the notes terminate early. If the notes are not called and Wayfair’s final share price is at or above the Trigger Value (also 50.00% of the Strike Value), investors receive principal plus applicable and unpaid interest.

If the notes are not called and Wayfair’s final share price is below the Trigger Value, repayment is reduced one‑for‑one with the stock’s decline from the Strike Value, 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 Chase Financial Company LLC and JPMorgan Chase & Co. They do not pay fixed interest, do not provide any participation in stock upside, and pay no Wayfair dividends.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering callable contingent interest notes linked separately to the Russell 2000 Index, the Nasdaq‑100 Index and the iShares 20+ Year Treasury Bond ETF, maturing on February 16, 2029.

The notes can pay monthly contingent interest at an annual rate between 10.00% and 12.00%, but only when the closing value of each underlying is at least 70.00% of its initial value. Principal repayment at maturity also depends on the least‑performing underlying; if any finishes below its 70.00% trigger, repayment is reduced one‑for‑one with that decline, potentially to zero.

The issuer may redeem the notes early, in whole, on specified interest payment dates starting August 18, 2026, paying $1,000 plus any due contingent interest. If priced today, the estimated value would be about $964.50 per $1,000 note and will not be less than $900.00 when finalized, reflecting selling costs and hedging expenses.

JPMorgan Chase Financial Company LLC is offering unsecured Uncapped Accelerated Barrier Notes linked to the Bloomberg Commodity Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes target an uncapped upside payment of at least 1.85 times any positive index return at maturity.

Investors forgo interest and face downside risk if the index falls below a 70% barrier; losses then match the full index decline, up to total principal loss. A hypothetical 10% index gain would pay $1,185 per $1,000 note, while a 60% decline would pay $400.

The preliminary estimated value would be about $961.80 per $1,000 note and will not be less than $900 when set, reflecting embedded selling commissions, hedging costs and issuer funding assumptions. The notes are not deposits, are not FDIC-insured, may be illiquid, and are exposed to JPMorgan credit and commodity futures market risks.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering callable contingent interest notes linked separately to the Russell 2000 Index, the Nasdaq-100 Index and the iShares 20+ Year Treasury Bond ETF, maturing on February 16, 2029.

The notes can pay monthly contingent interest at an annual rate between 8.50% and 10.50%, but only when each underlying closes at or above 70% of its initial value; otherwise no interest is paid. JPMorgan may redeem the notes early on specified interest payment dates starting August 18, 2026 at par plus any due interest.

If the notes are not redeemed early and any underlying finishes below its 70% trigger level at maturity, investors lose 1% of principal for each 1% decline of the worst performer and can lose their entire investment. The notes are unsecured obligations subject to the credit risk of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. The initial estimated value is about $945.10 per $1,000, and will not be less than $900, reflecting structuring, hedging costs and dealer compensation.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering three capped buffered return enhanced notes linked separately to the Nasdaq-100, Russell 2000 and S&P 500 indexes, maturing on February 29, 2028.

The notes provide 1.50x leveraged upside to index appreciation, but gains are capped by a maximum return that will be set for each note (illustrative ranges show up to about 19–25.5%). A 10% downside buffer absorbs only the first portion of losses; if the linked index falls by more than 10%, investors lose 1% of principal for each additional 1% decline, up to a 90% loss of principal.

The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both issuers, will not be listed on an exchange, and may trade below the $1,000 issue price. Illustrative estimated values today are about $953–$955 per $1,000 note, and the final estimated value will not be less than $900 per $1,000 principal amount.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Accelerated Barrier Notes linked to the lesser performer of the iShares MSCI EAFE ETF and the EURO STOXX 50 Index, maturing on March 4, 2031.

At maturity, if both underlyings finish above their initial values, investors receive their $1,000 principal plus at least 2.05 times the gain of the lesser performing underlying. If either underlying finishes at or below its initial value but at or above 65% of its initial value, principal is returned. If either finishes below 65% of its initial value, repayment is reduced one-for-one with the loss on the lesser performer, and principal can be entirely lost.

The notes pay no interest, provide no dividends, are unsecured obligations of JPMorgan Chase Financial and are subject to the credit risk of both the issuer and guarantor. Minimum denomination is $1,000, and the preliminary estimated value is about $953 per $1,000 note, reflecting embedded fees and hedging costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering structured notes that mature on March 2, 2029 and are linked to the least performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index.

The notes provide at least 1.15x any positive return if all three indexes finish above their initial levels, and a dual-direction payout that mirrors the absolute value of losses up to a 20% buffer, capped at a 20% gain in those scenarios. If any index falls by more than 20%, investors lose 1% of principal for each extra 1% decline, up to an 80% loss of principal.

The notes pay no interest, do not provide dividends, are unsecured obligations of JPMorgan Chase Financial Company LLC, and will not be listed on an exchange. An example estimated value is $965.10 per $1,000 note, with a minimum estimated value at pricing of $900.00 per $1,000 note.

JPMorgan Chase & Co. is offering callable fixed rate notes maturing on February 13, 2036. The notes pay fixed interest at 5.10% per annum, with interest payable annually in arrears on February 13, beginning in 2027, using a 30/360 day count convention.

JPMorgan may redeem the notes early, in whole but not in part, on the 13th day of February and August each year from February 13, 2028 through August 13, 2035 at par plus accrued interest. At maturity, if not previously called, investors receive principal plus any accrued and unpaid interest.

The notes are unsecured obligations of JPMorgan Chase & Co., are not bank deposits, and are not insured by the FDIC or any government agency. In a resolution of JPMorgan Chase & Co. under U.S. bankruptcy or Title II of the Dodd-Frank Act, losses would be borne first by equity holders and then by unsecured creditors, including holders of these notes, and recovery could be limited relative to creditors of subsidiaries and secured or priority creditors.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked individually to the Dow Jones Industrial Average®, the Nasdaq-100® Technology Sector and the Russell 2000® Index, maturing on January 11, 2028.

The notes pay a monthly contingent interest rate of at least 8.25% per annum only if, on a given review date, the closing level of each index is at or above 75% of its initial value. The notes are automatically called, starting May 6, 2026, if on any non-excluded review date each index closes at or above its initial value, returning principal plus that period’s contingent interest.

If the notes are not called and, at maturity, any index closes below 70% of its initial value, repayment of principal is reduced in line with the performance of the weakest index, and investors can lose most or all of their investment. The notes are unsecured obligations in minimum denominations of $1,000, subject to the credit risk of both the issuer and guarantor. The preliminary estimated value is approximately $959.90 per $1,000 note, and the final estimated value will not be less than $900.00.

JPMorgan Chase Financial Company LLC is offering structured Capped Dual Directional Buffered Equity Notes linked to the lesser performer of the Russell 2000 and S&P 500 indexes, maturing on April 1, 2027. Each note has a $1,000 denomination and is fully and unconditionally guaranteed by JPMorgan Chase & Co.

At maturity, investors participate one-for-one in positive performance of the weaker index, capped at a Maximum Upside Return of at least 17%. If the weaker index is flat or down by up to the 10% buffer, the notes pay the absolute value of that move, capped at a 10% gain. If either index falls by more than 10%, principal is reduced proportionally and investors can lose up to 90% of their investment.

The notes pay no interest or dividends, carry issuer and guarantor credit risk, and will not be exchange-listed. Estimated value is expected to be below the $1,000 price, reflecting selling commissions, hedging costs and issuer funding assumptions, and secondary market prices are likely to be lower than the issue price.