Alerian MLP Index ETNs due January 28 2044 (AMJB) 424B Filings

JPMorgan Chase Financial Company LLC priced a structured note offering linked to the MerQube US Tech+ Vol Advantage Index with $193,000 in total original issue price across notes at $1,000 per note.

The notes mature on February 4, 2031, settle on or about February 4, 2026 and may be automatically called on specified Review Dates beginning February 5, 2027. If automatically called, each $1,000 note pays $1,000 plus a Call Premium (from $277.50 to $1,387.50 depending on the Review Date).

If not called, principal at maturity depends on the Final Value versus a Barrier Amount equal to 50.00% of the Initial Value (Initial Value: 12,128.83). The Index includes a 6.0% per annum daily deduction and a notional financing cost linked to the QQQ Fund; these deductions reduce index performance and increase downside risk.

JPMorgan Chase Financial Company LLC is issuing $5,341,000 of auto-callable Review Notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 denomination and was estimated to be worth $907.80 at pricing.

The notes may be automatically called quarterly from February 4, 2027 if the index is at or above the Call Value, paying back $1,000 plus a growing Call Premium Amount that reaches 70% ($700) on the final Review Date. If held to maturity without being called, principal is protected only down to a 15% Index decline, after which losses match further declines up to 85% of principal.

The index embeds a 6.0% per annum daily deduction and a notional financing cost on QQQ exposure, which drag on performance and cause it to lag a comparable index without such charges. Payments depend on the credit of JPMorgan Financial and JPMorgan Chase & Co., and the notes pay no interest or dividends.

JPMorgan Chase Financial Company LLC priced $525,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, due February 4, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes settle on or about February 4, 2026, may be automatically called beginning February 1, 2027, pay contingent monthly interest at a 13.50% per annum stated rate when the Index is at or above a 75.00% Interest Barrier on Review Dates, and expose holders to up to an 85.00% principal loss if index performance falls below the Buffer Threshold at maturity. The Index includes a 6.0% per annum daily deduction and a notional financing cost; the estimated value at pricing was $909.00 per $1,000 note.

JPMorgan Chase Financial Company LLC priced $543,000 callable contingent interest notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index due January 4, 2028, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay monthly contingent interest at a 10.50% per annum contingent rate when each Index is at or above an Interest Barrier equal to 70.00% of its Initial Value on Review Dates, may be called by the issuer beginning May 5, 2026, and expose investors to principal loss determined by the Least Performing Index Return.

JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes linked to the Class A common stock of CoreWeave, Inc. The notes pay a $101.25 contingent coupon per $1,000 on each qualifying Review Date and are automatically callable if the Reference Stock closes at or above the Initial Stock Price of $93.19 on a Review Date, with the earliest call possible on May 15, 2026. The Interest Barrier is $60.5735 (65.00% of the Initial Stock Price); if the Final Stock Price on the Valuation Date is below the Trigger Level, investors face leveraged principal loss at maturity via a Downside Leverage Factor of 1.53846. Pricing Date was January 30, 2026 and Original Issue Date is on or about February 4, 2026. The offering priced to the public at $1,000.00 per note (total $3,225,000.00), with proceeds to issuer of $3,192,750.00 after fees.

JPMorgan Chase Financial Company LLC is offering auto-callable Accelerated Barrier Notes due March 1, 2029, fully guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about February 24, 2026 and to settle on or about February 27, 2026, CUSIP 46660JL34.

Key economics: Upside Leverage Factor 1.50, Barrier 70.00% of initial values, automatic call possible on Review Dates (first Review Date February 26, 2027) with minimum illustrative Call Premiums of 11.75% (first) and 23.50% (second). Estimated value at pricing is approximately $939.70 per $1,000, not less than $900.00. Investors face credit risk of issuer and guarantor, no interest or dividends, potential loss of principal if the least performing Index falls below the Barrier.

JPMorgan Chase Financial Company LLC is offering structured notes linked to the MerQube US Tech+ Vol Advantage Index due March 4, 2031, with expected pricing on or about February 27, 2026 and settlement on or about March 4, 2026.

The notes feature automatic callability beginning on March 4, 2027, a 15.00% buffer on downside protection, and index mechanics that include a 6.0% per annum daily deduction and a notional financing cost. The pricing supplement states the estimated value would be approximately $943.00 per $1,000 note when priced, with an assured estimated minimum of $900.00. Investors may lose up to 85.00% of principal at maturity if the Final Value declines beyond the buffer.

JPMorgan Chase Financial Company LLC priced a $5,040,000 offering of Callable Contingent Interest Notes linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index, due January 4, 2028. The notes pay contingent monthly interest only if each Index on a Review Date is at least 70.00% of its Initial Value (the Interest Barrier), have a Contingent Interest Rate of 9.20% per annum (0.76667% per month), and may be redeemed early at the issuer’s option starting May 5, 2026.

The notes were priced on January 30, 2026 with expected settlement on or about February 4, 2026. The price to public was $1,000 per note with selling commissions of $22.25, resulting in proceeds to issuer of $977.75 per note. The estimated value at pricing was $962.10 per $1,000 note. Payments and principal at maturity depend on the performance of the least performing Index and are subject to the credit risk of JPMorgan Financial and the guarantee of JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC priced $790,000 of Auto Callable Contingent Interest Notes due August 4, 2027, fully guaranteed by JPMorgan Chase & Co. The notes pay monthly Contingent Interest Payments at a 9.25% per annum contingent rate only if each Index remains at or above 70.00% of its Initial Value; they auto‑call if all three indices are at or above their Initial Values on a quarterly Autocall Review Date, with the first possible auto‑call on July 30, 2026. Principal at maturity depends on the Least Performing Index; if that index’s Final Value is below its Trigger Value, principal is reduced pro rata. The notes priced on January 30, 2026 and are expected to settle on or about February 4, 2026. Minimum denomination is $1,000; selling commissions are $5 per $1,000. The pricing supplement states an estimated value of $976.30 per $1,000 when terms were set.

JPMorgan Chase Financial Company LLC is offering Auto Callable Contingent Interest Notes linked to the Class A common stock of CoreWeave, Inc. with a maturity of February 19, 2031 and expected pricing on or about February 13, 2026.

The notes pay a Contingent Interest Payment when the Reference Stock closes at or above an Interest Barrier equal to 50.00% of the Initial Value; the Contingent Interest Rate will be at least 22.50% per annum (at least 1.875% per month). The notes are automatically callable if the Reference Stock closes at or above a Call Value equal to 110.00% of the Initial Value on certain Review Dates, with the earliest automatic-call date on or about August 13, 2026. Pricing and settlement are expected on or about February 13, 2026 and February 19, 2026, respectively.

JPMorgan Chase Financial Company LLC is offering capped accelerated barrier notes linked to the iShares Bitcoin Trust ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes run to March 1, 2029 and provide 1.50x leveraged exposure to ETF gains, capped at a maximum return of at least 148.00%.

Investors receive no interest and face principal risk: if the ETF’s final value falls below 70.00% of its initial level, losses match the ETF’s decline, up to a total loss of principal. The product embeds credit risk of JPMorgan entities and significant volatility and regulatory risks tied to bitcoin and the Bitcoin network.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Capped Buffered Return Enhanced Notes linked to the iShares Bitcoin Trust ETF. Each $1,000 note provides 1.50x upside exposure to the ETF, capped at a maximum return of at least 113% at maturity in March 2029.

Investors receive no interest and face downside risk beyond a 15% buffer: if the ETF falls more than 15%, principal is reduced 1% for each additional 1% decline, up to an 85% loss. The notes are unsecured, not FDIC insured, tied to highly volatile bitcoin exposure and subject to issuer and guarantor credit risk. If priced today, the estimated value would be about $933.60 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 accelerated barrier notes linked to the iShares Ethereum Trust ETF maturing March 1, 2029. The notes may be automatically called on March 2, 2027 if the ETF is at or above its initial price, paying $1,000 plus at least a $305 call premium per $1,000 note.

If not called and the ETF ends above its initial value, investors receive 1.5 times the ETF’s gain on top of principal. If the final ETF price is at or above 60% of the initial value, principal is returned. Below 60%, repayment is reduced one-for-one with the ETF loss, and all principal can be lost. The notes are unsecured, pay no interest, carry JPMorgan credit risk, and are exposed to high ether-related volatility. The estimated initial value is about $914.80 per $1,000 note, with a minimum of $900.

JPMorgan Chase Financial Company LLC is offering capped buffered return enhanced notes linked to the iShares Ethereum Trust ETF (ticker ETHA), fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes run to a scheduled maturity on March 1, 2029, with an observation date on February 26, 2029.

The notes provide 1.50x leveraged upside to any positive Fund return, up to a maximum return of at least 150%, corresponding to at least $2,500 per $1,000 note. A 20% downside buffer protects principal for moderate declines, but investors can lose up to 80% of principal if the Fund falls more than 20%.

The notes pay no interest, are unsecured and unsubordinated obligations, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. They will not be listed on any exchange, and secondary market prices are expected to be below the original issue price. The example estimated value is $917.80 per $1,000, and will not be less than $900.00 at pricing. The underlying ETF tracks the price of ether, so the notes embed significant cryptocurrency and ethereum network risks, in addition to structured note, liquidity and tax complexities.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering structured capped notes due March 4, 2030 linked to the worst performer of the S&P 500, Russell 2000 and Nasdaq-100 indices.

At maturity, investors receive full principal repayment plus an Additional Amount equal to 150% of the positive return of the least performing index, capped at a Maximum Amount of at least $367.50 per $1,000 note (maximum return of at least 36.75%). If any index finishes at or below its initial level, only the $1,000 principal is paid.

The notes pay no interest or dividends, are unsecured and unsubordinated, and carry the credit risk of both issuers. The preliminary estimated value is about $971.50 per $1,000, and secondary market liquidity may be limited. The issuer expects to treat the notes as contingent payment debt instruments for U.S. tax purposes, requiring annual taxable income accruals.

JPMorgan Chase Financial Company LLC is offering capped buffered return enhanced notes linked to the iShares Ethereum Trust ETF, providing 1.50x upside exposure to ether through the fund, capped at a maximum return of at least 168% at maturity in March 2029.

The notes protect the first 20% of losses in the fund but can expose investors to up to 80% loss of principal if the ETF falls more than the 20% buffer. They pay no interest, are unsecured obligations guaranteed by JPMorgan Chase & Co., and embed significant risks tied to ether’s extreme volatility, liquidity, regulatory changes and potential fund liquidation or delisting.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering uncapped buffered return enhanced notes linked to the lesser-performing of the Nasdaq-100 Index® and the S&P 500® Index, maturing on February 11, 2030.

The notes provide at least 1.1275x any positive return of the lesser-performing index at maturity and protect against the first 15% of decline. If either index falls more than 15%, principal is reduced 1-for-1 beyond that, for a maximum loss of 85%, so only $150 would be repaid per $1,000 in a full index loss.

The notes pay no interest, offer no dividends, and are unsecured obligations subject to the credit risk of both issuing and guaranteeing entities. They are not exchange-listed, and secondary market prices are expected to be below the original issue price. A preliminary estimated value is about $976.80 per $1,000, and the final estimated value will not be less than $900.

JPMorgan Chase & Co. is offering callable step-up fixed rate notes maturing on February 12, 2038. The notes pay annual interest on February 13, starting in 2027, at 4.50% per annum to 2029, 5.25% to 2032, 5.50% to 2035 and 6.50% to maturity.

The issuer may redeem the notes at par plus accrued interest on February 13 and August 13 each year from 2028 through 2037. At maturity, if not previously called, investors receive the principal plus any accrued interest. The notes are unsecured, not FDIC insured and structurally junior to liabilities of JPMorgan Chase & Co.’s subsidiaries in a resolution scenario.

For U.S. federal income tax purposes, special tax counsel expects the notes to be treated as step-up fixed-rate debt instruments issued without original issue discount.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Gold Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The minimum denomination is $1,000 and the notes are scheduled to mature on March 4, 2031.

Investors may receive a contingent quarterly interest payment if, on a Review Date, the Index closing level is at least 60% of the Initial Value, subject to an auto-call feature that can redeem the notes early starting August 27, 2026 if the Index is at or above the Initial Value. A hypothetical contingent interest rate of 13.50% per annum (3.375% per quarter) is illustrated.

If the notes are not called and the Final Value is below the Trigger Value (also 60% of the Initial Value), principal is reduced 1% for each 1% Index decline, potentially to zero. The underlying Index uses leveraged exposure to gold futures with a 6.0% per annum daily deduction, which creates a persistent drag on performance. The estimated value per note is indicated at approximately $925 on a $1,000 note if priced today and will not be less than $900 at pricing, reflecting embedded selling commissions, hedging costs and the issuer’s internal funding rate.

JPMorgan Chase Financial Company LLC is offering structured notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., and scheduled to mature on February 27, 2031.

The notes can be automatically called on annual Review Dates starting February 26, 2027 if the Index closes at or above the Call Value, paying $1,000 plus a Call Premium of at least 25% to 125% of principal depending on the year. If never called and the Final Index Value is at or above 50% of the Initial Value, investors receive their principal back at maturity.

If the notes are not called and the Final Value is below the 50% Barrier Amount, repayment is $1,000 plus $1,000 times the Index Return, so investors lose 1% of principal for each 1% Index decline and can lose their entire investment. The Index includes a 6.0% per annum daily deduction, which drags performance and means the Index will lag a similar index without this fee. The minimum denomination is $1,000, and the estimated value would be about $900.90 per $1,000 if priced on the described date, and will not be less than $900.00 per $1,000 at issuance.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering callable structured notes linked to the MerQube US Tech+ Vol Advantage Index, maturing in February 2031.

The notes can be automatically called quarterly starting in February 2027 if the Index is at or above the Call Value, paying $1,000 plus a call premium that starts at 16.5% of principal and can reach at least 82.5% on the final review date. If never called and the Index falls more than a 15% buffer by maturity, investors lose 1% of principal for each 1% decline beyond that, up to an 85% loss. The Index includes a 6.0% per annum daily deduction and a daily notional financing cost, which drag on performance, and the preliminary estimated value is about $906.30 per $1,000 note, not less than $900.

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 target investors seeking high contingent income rather than fixed coupons or dividends.

Holders receive a Contingent Interest Payment on any Review Date when the Index closes at or above 75% of its Initial Value, with an indicative Contingent Interest Rate of at least 10.00% per annum. The notes are automatically called if, from the twelfth Review Date onward, the Index is at or above its Initial Value, returning principal plus the applicable interest.

If not called and the Final Value is below a 70% Buffer Threshold, principal loss is linear beyond a 30% buffer, up to 70% loss. The underlying Index includes a 6.0% per annum daily deduction and a notional financing cost on its QQQ exposure, which create a persistent drag on performance. An example estimated value is $911.40 per $1,000 note, reflecting embedded fees, hedging costs and JPMorgan’s internal funding rate.

JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated variable annual contingent income notes linked to the MerQube US Large-Cap Vol Edge Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are scheduled to price around February 27, 2026, settle around March 4, 2026 and mature on March 4, 2031, in minimum denominations of $1,000.

Investors forgo traditional interest and dividends in exchange for potential annual Contingent Coupon Payments that depend on the Index’s annual performance between observation dates; if the Annual Index Return is less than or equal to zero, the coupon for that year is zero. Principal is intended to be repaid at maturity, subject to the credit risk of both the issuer and guarantor.

The underlying Index uses a rules-based strategy providing exposure to E-mini S&P 500 futures with target volatility of 20%, leverage up to 400% and a 4% monthly upside cap, which can magnify losses while limiting gains. If the notes priced on the reference date in the document, their estimated value would be approximately $962.20 per $1,000 note; at pricing, the estimated value will be disclosed and will not be less than $900.00 per $1,000 note.

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering 5-year variable annual contingent income notes linked to the MerQube US Large-Cap Vol Edge Index. The Index uses leveraged E-mini S&P 500 futures exposure with a target volatility and a 4% monthly upside cap.

The notes pay an annual contingent coupon per $1,000 equal to the participation rate (at least 100%) multiplied by the Annual Index Return, but coupons can be zero if the Index return is not positive. At maturity, investors receive full principal plus any final contingent coupon, subject to JPMorgan credit risk. The indicative estimated value will be at least $900 per $1,000, and risks include lack of liquidity, complex index behavior, leverage, and conflicts of interest.

JPMorgan Chase & Co. is offering callable fixed rate notes that pay 4.20% per annum and mature on February 5, 2031. Interest is paid semi-annually on February 5 and August 5 of each year, starting August 5, 2026, using a 30/360 day count convention.

The notes are callable at JPMorgan’s option on February 5, 2029 at par plus accrued interest, so investors may receive principal back before maturity. They are unsecured obligations of JPMorgan Chase & Co., structurally subordinated to creditors of its subsidiaries and exposed to potential losses under U.S. resolution regimes, meaning holders could face reduced recoveries in a bankruptcy or Title II resolution. The notes are not bank deposits and are not insured by the FDIC or any other governmental agency.

JPMorgan Chase & Co. is issuing $7,506,000 of callable fixed rate notes due February 3, 2056. The notes pay 5.55% per annum, with interest paid annually on February 3, starting in 2027, based on a 30/360 day count convention.

Beginning August 3, 2030, and on each February 3 and August 3 thereafter through August 3, 2055, JPMorgan may redeem the notes in whole at par plus accrued interest. The notes are unsecured obligations of JPMorgan Chase & Co., structurally junior to liabilities of its subsidiaries, not bank deposits and not FDIC insured.

Per $1,000 note, the price to the public is $1,000, including $20.517 in selling commissions, resulting in proceeds to the issuer of $979.483 per note, or $7,351,996 in total. Investors are directed to detailed risk factors and U.S. federal income tax consequences in the referenced offering documents.

JPMorgan Chase Financial Company LLC priced $2,108,000 of auto-callable notes linked to the J.P. Morgan Multi-Asset Index ("MAX") on January 29, 2026, expected to settle on or about February 3, 2026. Each note has a $1,000 principal denomination, a price to public of $1,000, selling commission of $34 and proceeds to the issuer of $966 per note.

The notes are auto-callable beginning on February 5, 2027 across six step-up Review Dates with increasing Call Premiums (7% to 42%) and Call Values above the Initial Value (Initial Value: 323.17). If not called, maturity is February 3, 2033, with an Additional Amount at maturity equal to $1,000 × Index Return × 100%, floored at zero. The estimated value at pricing was $908.80 per $1,000 note. The notes are unsecured obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co. and carry issuer and guarantor credit risk, limited liquidity, and specific tax treatment as contingent payment debt instruments.

JPMorgan Chase Financial Company LLC is offering auto‑callable, dual directional contingent buffered return enhanced notes linked to the S&P 500® Index. The notes carry a call premium of 9.15% if the index is at or above the Index Strike Level on the February 10, 2027 review date.

If not called, upside at maturity is 1.50× the positive Index Return. A 20.00% contingent buffer protects against declines up to that amount, capping the maximum negative‑return protection at $1,200 per $1,000 note for certain negative outcomes; losses occur if the Index falls more than 20.00%. The Index Strike Level is 6,978.03 (Strike Date: January 28, 2026), Pricing Date January 29, 2026, Original Issue Date on or about February 3, 2026, Maturity Date February 2, 2028. Price to public is $1,000.00 per note; selling commissions are $15.00, with proceeds to issuer $985.00 per note and an estimated value of $980.40 per note when terms were set.

JPMorgan Chase Financial Company LLC is offering $250,000 of capped buffered equity notes linked to the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on August 3, 2027, after pricing on January 29, 2026 and expected settlement around February 3, 2026.

Investors receive 1.00x any S&P 500 gain at maturity, capped at a maximum return of 9.00%, or $1,090 per $1,000 note. A 20.00% downside buffer protects principal for index declines up to 20%, but below that level investors lose 1% of principal for each additional 1% index drop, for a potential loss of up to 80% of principal (down to $200 per $1,000).

The notes pay no interest, pass through no dividends, and are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The price to the public is $1,000 per note, including selling commissions of $22.25, with proceeds to the issuer of $977.75 per note. The estimated value at issuance is $966.90 per $1,000, reflecting structuring, distribution and hedging costs, and secondary market prices are expected to be below the issue price and may be illiquid.

JPMorgan Chase Financial Company LLC is offering $304,000 of capped dual directional buffered equity notes linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on August 3, 2027 and are issued in $1,000 minimum denominations.

At maturity, investors can earn index-linked upside up to a Maximum Upside Return of 11.25%, and can gain from index declines of up to a 10.00% buffer via an “absolute return” feature. If the S&P 500® falls more than 10%, principal loss is 1% for each additional 1% decline, up to a 90% loss.

The notes pay no interest, provide no dividends, and are unsecured obligations of JPMorgan Financial, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. They are not bank deposits, are not FDIC insured, and are expected to be illiquid with secondary prices typically below the $1,000 issue price. The estimated value at pricing was $965.00 per $1,000 note, reflecting embedded costs and hedging factors.

JPMorgan Chase Financial Company LLC is issuing $300,000 of capped buffered equity notes linked to the lesser performer of the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes offer 1.00x upside on the lesser-performing index, capped at a maximum return of 16.30%, with a 30.00% downside buffer. If either index falls more than 30%, principal is reduced 1% for each additional 1% decline, up to a 70.00% loss.

The notes pay no interest or dividends, are unsecured and unsubordinated, and expose investors to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note, with selling commissions of $10 and issuer proceeds of $990 per note.

The estimated value at pricing was $980.10 per $1,000 note, reflecting selling, structuring and hedging costs and use of an internal funding rate. The notes are not listed, and secondary market prices are expected to be below the issue price.

JPMorgan Chase Financial Company LLC is offering auto-callable yield notes due February 3, 2028 linked to the lesser performing of the S&P 500® Index and the common stock of Salesforce, Inc. The notes pay at least 9.75% per annum (at least 0.8125% per month) and have a $1,000 minimum denomination.

The notes are expected to price on or about February 2, 2026 and settle on or about February 5, 2026. Each Underlying’s Strike Value was set as of January 30, 2026 (Index: 6,939.03; CRM: $212.29) and the Trigger Value equals 55.00% of each Strike Value. The notes may be automatically called beginning on February 1, 2027 if both Underlyings close at or above their Strike Values on a Review Date. Principal repayment at maturity depends on the Lesser Performing Underlying Return; investors can lose more than 45.00% of principal and could lose the entire principal.

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering auto callable buffered return enhanced notes linked to the common stock of Constellation Energy Corporation. Each note has a $1,000 denomination and provides no interest or dividend payments.

The notes may be automatically called on the February 12, 2027 review date if Constellation Energy’s share price is at or above the $280.68 stock strike price, paying $1,000 plus a call premium of at least 27.47%. If not called, at the February 3, 2028 maturity investors receive leveraged upside of at least 1.25× any positive stock return, full principal back if the stock is down by up to 25%, and a 1.33333× leveraged loss beyond that buffer, exposing holders to partial or total principal loss. The estimated value is approximately $973.10 per $1,000 note and will not be less than $960.00, reflecting selling commissions, hedging costs and issuer funding assumptions.

JPMorgan Chase & Co. is offering $3,000,000,000 of fixed-to-floating rate subordinated notes due 2037 at 100.000% of principal. The notes pay a fixed 5.193% annual coupon semi-annually until February 5, 2036, then a quarterly floating rate of Compounded SOFR plus 1.300% until maturity.

The notes are unsecured and subordinated to Senior Indebtedness, and may be redeemed at specified prices from 2031, including at par on February 5, 2036 and thereafter. Net proceeds of about $2,986,500,000 will be contributed to JPMorgan Chase Holdings LLC for general corporate purposes across the group.

JPMorgan Chase Financial Company LLC is offering $2,665,000 of callable contingent interest notes linked to the Dow Jones Industrial Average®, the Nasdaq-100® Technology Sector and the Russell 2000® Index, guaranteed by JPMorgan Chase & Co. The notes pay a contingent coupon of 8.66% per annum, credited monthly, but only for review dates when each index closes at or above 70% of its initial level. If any index is below this interest barrier on a review date, no interest is paid for that period.

The issuer can redeem the notes early, in whole, on designated interest payment dates starting August 3, 2026, paying $1,000 plus the applicable contingent interest, ending all future payments. If held to the February 1, 2029 maturity and no early redemption occurs, investors receive $1,000 plus final contingent interest if every index finishes at or above its 70% trigger value. If any index ends below its trigger, principal is reduced 1% for each 1% decline in the worst-performing index, potentially down to zero.

The price to the public is $1,000 per note, including selling commissions of $29.50 per $1,000, for net proceeds of $2,586,382.50 to the issuer. The estimated value at pricing is $950.60 per $1,000, reflecting structuring and hedging costs. The unsecured notes carry the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. They are not bank deposits, not FDIC insured, and will not pay dividends from the underlying indices.

JPMorgan Chase Financial Company LLC is offering structured Buffered Digital Notes linked to the lesser performer of the S&P 500 Index and the Russell 2000 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about February 4, 2026 and mature on February 9, 2028.

At maturity, investors receive a fixed return of at least 26.00% per $1,000 note if the final level of each index is at or above its initial level. If either index finishes more than 10.00% below its initial level, principal is reduced 1% for each 1% drop beyond that buffer, up to a 90.00% loss.

The notes pay no interest, provide no dividends, and are unsecured, unsubordinated obligations subject to the credit risk of both issuers. They will not be listed on an exchange, and secondary market prices are expected to be below the $1,000 price, with an initial estimated value of about $981.10 per $1,000 and not less than $900.00 when finalized.

JPMorgan Chase Financial Company LLC outlines preliminary terms for unsecured Auto Callable Notes linked to the J.P. Morgan Multi-Asset Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be automatically called on specified annual Review Dates starting February 24, 2027, if the Index closes at or above a step-up Call Value, paying $1,000 plus a Call Premium Amount of at least 8%, 16%, 24% or 32% of principal depending on the call year.

If not called, at maturity in 2031 holders receive $1,000 plus an Additional Amount equal to the Index return times a 100% participation rate, with principal repaid in full but no guaranteed interest. The Index embeds a 1.00% per annum daily deduction and follows a momentum-based, volatility-targeted allocation across equity, bond and commodity futures. The estimated value, if priced on the described date, would be about $941.20 per $1,000 note, and will not be less than $900.00 per $1,000 at pricing. Extensive risk factors highlight credit risk of the issuer and guarantor, potential illiquidity, model and hedging risks, Index strategy limitations and U.S. tax treatment as contingent payment debt instruments.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable accelerated barrier notes linked to the S&P 500® Futures Excess Return Index, maturing on February 10, 2033. The notes may be automatically called as early as February 18, 2027 if the index on the February 12, 2027 review date is at or above the initial level.

If not called, investors receive 2.00 times any positive index return at maturity, with full principal repayment only if the final index level is at least 70% of the initial level. Below this barrier, losses are one-for-one with the index and can reach 100% of principal. The call premium will be at least $190.50 per $1,000 note, and an example estimated value is $974.70 per $1,000, reflecting selling costs and hedging.

JPMorgan Chase Financial Company LLC is offering market-linked, auto-callable notes due February 16, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each $1,000 security pays a contingent monthly coupon at a rate set on the pricing date, at least 13.80% per annum, but only if the stock closing price of the lowest performing of Constellation Energy, Zoetis and Sherwin-Williams is at or above 60% of its starting price on the relevant calculation day. Missed coupons can be recovered later through a memory feature if this condition is met on a subsequent calculation day.

The notes are auto-callable monthly from August 2026 to January 2029 if the lowest performing stock is at or above its starting price, in which case investors receive principal plus the applicable coupon and any unpaid coupons. If not called, at maturity investors receive $1,000 per security only if the lowest performing stock’s final price is at or above 60% of its starting price; otherwise repayment is reduced one-for-one with that stock’s loss, with losses greater than 40% and up to total principal possible. Investors do not receive dividends on the stocks and do not participate in any stock appreciation. The price to public is $1,000.00 per security, with $23.25 in fees and commissions and $976.75 in proceeds to the issuer; the indicative estimated value is about $921.30 per security. The securities are unsecured, subject to the credit risk of JPMorgan Chase Financial and JPMorgan Chase & Co., and are designed to be held to maturity with no exchange listing.

JPMorgan Chase & Co. is offering unsecured Callable Fixed Rate Notes due February 4, 2036. The notes pay fixed interest at 5.00% per annum, with interest paid annually on February 4, beginning in 2027, using a 30/360 day count convention.

JPMorgan may redeem the notes early, in whole but not in part, on February 4 and August 4 each year from 2031 through 2035 at par plus accrued interest. In a resolution scenario under U.S. bank resolution rules, losses would be borne first by equity and then by unsecured creditors, including holders of these notes, who rank behind creditors of JPMorgan’s subsidiaries.

JPMorgan Chase Financial Company LLC is offering auto callable accelerated barrier notes linked to the Class A common stock of Datadog, Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes have a scheduled maturity on February 8, 2029, with a potential automatic call on February 11, 2027.

Each note has a $1,000 denomination. If Datadog’s share price on the review date is at or above the Call Value (100% of the initial price), the notes are automatically called and pay back principal plus a Call Premium Amount of at least $310 per $1,000. If not called and Datadog’s final share price on the observation date is above the initial price, investors receive an uncapped upside equal to 1.50 times the stock’s positive return.

If the notes are not called and the final share price is at or above a Barrier Amount set at 60% of the initial price, investors receive only their principal back. If the final price is below the barrier, repayment is reduced one-for-one with the stock loss, so investors can lose more than 40% and up to all principal. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both issuers, and are not bank deposits or FDIC insured. A sample estimated value, if priced on the date shown, is $981.20 per $1,000, and the final estimated value will not be less than $900 per $1,000, reflecting structuring and hedging costs.

JPMorgan Chase & Co. is offering callable zero coupon notes maturing on February 13, 2051. Each note has a $1,000 principal amount, is sold at an original issue price of $225.356, and pays no periodic interest. Instead, value builds through accretion at a 6.05% annual yield, compounded semiannually, with investors receiving 100% of the outstanding principal at maturity if the notes have not been called.

The notes are callable at JPMorgan’s option on February 13 and August 13 each year from February 13, 2028 through August 13, 2050, at the accreted principal amounts listed in the accretion schedule. Selling commissions are embedded in the price to the public, and the notes are unsecured obligations ranking behind creditors of JPMorgan’s subsidiaries in a resolution scenario.

JPMorgan Chase Financial Company LLC is offering unsecured Digital Equity Notes due July 30, 2027, linked to the MSCI EAFE® Index and fully guaranteed by JPMorgan Chase & Co. The notes do not pay interest and will not be listed on any exchange.

At maturity, for each $1,000 note, investors receive a cash payment based on index performance from the trade date to July 28, 2027. If the final index level is at least 90% of the initial level, the payout is a fixed threshold settlement amount, expected between $1,108.70 and $1,127.80, implying a capped gain. If the index falls more than 10%, losses are leveraged: for each 1% decline beyond the 10% buffer, the loss is about 1.1111%, and investors can lose their entire principal.

The original issue price is 100% of principal, with no underwriting commission; the estimated value is expected between $975.80 and $985.80 per $1,000, reflecting structuring and hedging costs. Key risks include full credit exposure to JPMorgan Chase Financial and JPMorgan Chase & Co., lack of liquidity, complex and uncertain U.S. tax treatment, currency and foreign equity risk from the MSCI EAFE® components, and potential conflicts of interest because affiliated entities structure, hedge, value and make markets in the notes.

JPMorgan Financial, guaranteed by JPMorgan Chase & Co., is offering auto callable dual directional contingent buffered return enhanced notes linked to the S&P 500® Index, with a $1,000 principal amount per note.

The notes can be automatically called on February 11, 2027 if the Index closes at or above the strike level, paying $1,000 plus a call premium of at least 9.35%. If not called and the Index ends above the strike on the January 31, 2028 valuation date, investors receive leveraged upside with an Upside Leverage Factor of at least 1.50. If the Index finishes up to 20% below the strike, the notes provide a positive return equal to the absolute Index move, capped at $1,200 per $1,000 note. If the Index falls by more than 20%, principal is reduced 1% for each additional 1% decline, potentially to zero.

The issuer estimates the current value at about $980.50 per $1,000 note and states the final estimated value will not be less than $970.00, below the $1,000 price because of selling commissions, hedging costs and structuring margin. The notes are unsecured obligations, not bank deposits and are not insured by the FDIC.

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering auto callable buffered equity notes linked to the EURO STOXX 50® Index. These notes may be automatically called on March 9, 2027 if the index closes at or above its initial level, paying $1,000 plus a call premium of at least 10.65% per note.

If not called and the ending index level on February 24, 2028 is at or above the initial level, investors receive $1,000 plus the greater of the index return or a contingent minimum return of at least 21.30% per note. A 15.00% buffer protects principal against moderate index declines, but below this level losses accelerate at a downside leverage factor of 1.17647, so investors can lose some or all principal at maturity. The estimated value is about $977.00 per $1,000 note, and will not be less than $960.00 when finalized.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering digital buffered notes linked to the S&P 500® Index. The notes provide a Contingent Digital Return of at least 10.65%, so holders receive a fixed positive return if index performance stays within defined limits.

At maturity in August 2027, investors get $1,106.50 per $1,000 note (assuming a 10.65% Contingent Digital Return) if the S&P 500 level is unchanged, higher, or down by up to the 15% buffer. If the index falls more than 15%, losses accelerate at a 1.17647 downside leverage factor, and principal can be fully lost.

The notes are unsecured obligations, not bank deposits or FDIC insured. A preliminary estimated value is about $983.70 per $1,000, and the final estimated value will not be less than $970.00, reflecting embedded selling commissions, hedging costs and issuer funding assumptions. Complex and evolving U.S. tax and Section 871(m) considerations apply, and the product is intended to be held to maturity rather than traded.

JPMorgan Chase Financial Company LLC is offering medium-term digital equity notes due 2027 linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest and will not be listed on any securities exchange.

At maturity, investors receive a cash payment based on index performance from the trade date to November 4, 2027. If the final index level is at least 90% of the initial level, holders receive a fixed threshold settlement amount, expected between $1,112.30 and $1,132.10 per $1,000 note. If the index falls more than 10%, principal is lost on a leveraged basis at a buffer rate of about 1.1111% for each additional 1% decline, up to total loss.

The notes are subject to the credit risks of both JPMorgan Financial and JPMorgan Chase & Co. The estimated value at issuance is expected between $956.80 and $966.80 per $1,000, below the issue price due to selling commissions, hedging costs and structuring profits. Tax treatment is uncertain; counsel views the notes as open transactions rather than debt, but the IRS could challenge this.

JPMorgan Chase Financial is offering principal-at-risk Contingent Income Auto-Callable Securities due February 9, 2029, linked to the common stock of The Boeing Company. The notes are fully and unconditionally guaranteed by JPMorgan Chase & Co. and are unsecured, unsubordinated obligations.

The securities may pay a contingent quarterly coupon of at least 2.575% of the $1,000 principal (at least $25.75 per note) on each determination date when Boeing’s closing price is at or above 70% of the initial stock price, called the downside threshold. No coupon is paid for periods when the stock closes below this threshold.

The notes are auto-callable: if on any non‑final determination date Boeing’s closing price is at or above the initial stock price, investors receive early redemption equal to principal plus that period’s coupon, and the notes terminate. If held to maturity and Boeing’s final price is at or above the downside threshold, investors receive principal plus the final coupon; if it is below the threshold, repayment is reduced 1‑for‑1 with the stock’s decline and can fall below 70% of principal or to zero.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Uncapped Buffered Return Enhanced Notes linked to the lesser performer of the Dow Jones Industrial Average and the S&P 500 Index, maturing on February 11, 2031.

The notes provide at least 1.0575 times any positive return of the weaker index at maturity, with a 40% downside buffer. If either index falls by more than 40%, principal is reduced 1% for each additional 1% decline, up to a 60% loss. The notes pay no interest or dividends, are unsecured, and carry the credit risk of both issuer and guarantor. Minimum denomination is $1,000, with preliminary estimated value of about $979.80 per $1,000 and not less than $900.00 when terms are set.