JPMorgan Chase Financial Company LLC is offering auto-callable, contingent-interest structured notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes price at $1,000 per note (minimum denomination) and are expected to price on or about April 27, 2026 with settlement on or about April 30, 2026 and mature on May 2, 2029. Notes pay a Contingent Interest Payment on each quarterly Review Date only if the Index closing level is at least 60.00% of the Initial Value (the Interest Barrier) and will be automatically called early if the Index on a Review Date equals or exceeds the Initial Value. The Index reflects a 6.0% per annum daily deduction and a notional financing cost; these deductions materially reduce index performance. The estimated value at pricing is approximately $918.80 per $1,000 note (will not be less than $900.00), and selling commissions will not exceed $32.50 per $1,000 note. Investors risk losing a substantial portion or all principal if the Final Value is below the Trigger Value.
JPMorgan Chase Financial Company LLC is offering Uncapped Dual Directional Buffered Return Enhanced Notes linked to the S&P 500® Futures Excess Return Index, expected to price on or about April 27, 2026 and settle on or about April 30, 2026. The notes pay at maturity based on the Index Return with an Upside Leverage Factor of at least 1.325 and a Buffer Amount of 30.00%. If the Index appreciates, investors receive $1,000 plus Index Return × 1.325; if the Index is flat or down up to 30%, investors receive $1,000 plus the absolute decline; if the Index falls more than 30%, investors absorb losses beyond the buffer (up to a 70% principal loss). The estimated value is approximately $940 per $1,000 note (not less than $920) and the notes are unsecured obligations guaranteed by JPMorgan Chase & Co..
JPMorgan Chase Financial Company LLC is offering Capped Buffered Return Enhanced Notes linked to the iShares® MSCI EAFE ETF that pay 1.50× any Fund appreciation up to a Maximum Return of at least 51.25% (at least $1,512.50 per $1,000 note). The notes have a 10.00% buffer (you receive principal if the Fund declines up to 10%) and expose holders to losses beyond the buffer (up to 90.00% principal loss). The Strike Value was $93.80 (closing price on March 27, 2026), pricing is expected on or about March 30, 2026, and maturity is April 2, 2029.
The notes are unsecured obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and their estimated value at issuance is approximately $980.00 per $1,000 note (will not be less than $950.00 when set). Payments depend on Fund performance, credit risk of the issuer/guarantor, and other adjustments described in the pricing supplement.
JPMorgan Chase Financial Company LLC is offering Digital Buffered Notes linked to the Nasdaq-100 Index. Each $1,000 note pays a Contingent Digital Return of at least 10.93% if the Ending Index Level is at or above the strike or down no more than the 15.00% buffer. If the Index declines beyond the 15.00% buffer, losses apply using a Downside Leverage Factor of 1.17647. Maximum payment at maturity per $1,000 is $1,109.30. Pricing and settlement are on or about March 30, 2026 and April 2, 2026, respectively; Valuation Date is April 9, 2027 and Maturity Date is April 14, 2027. The estimated value at pricing is approximately $988.30 per $1,000 and will not be less than $970.00 per $1,000. This pricing supplement is subject to completion.
JPMorgan Chase Financial Company LLC offers uncapped return enhanced notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes (minimum denomination $1,000) are expected to price on or about April 2, 2026 and settle on or about April 8, 2026. At maturity (Observation Date April 2, 2036, Maturity Date April 7, 2036), if the Index rises, holders receive $1,000 plus the Index Return multiplied by an Upside Leverage Factor of at least 3.20. If the Index falls, holders lose principal on a 1:1 basis with the Index Return. The notes are unsecured obligations of JPMorgan Financial and subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.; liquidity is limited and secondary market prices will likely be below the original issue price.
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 may pay monthly Contingent Interest Payments if the Index closes at or above an Interest Barrier of 80.00% of the Initial Value; the Contingent Interest Rate will be at least 8.75% per annum. The notes are automatically callable on specified Review Dates beginning no earlier than April 30, 2027 if the Index closes at or above the Initial Value. At maturity, if the notes are not called and the Final Value is below the Buffer Threshold of 70.00%, investors can lose up to 70.00% of principal; if Final Value is at or above the Buffer Threshold, payments incorporate the Buffer Amount of 30.00%. The Index includes a 6.0% per annum daily deduction and a notional financing cost, both of which reduce Index performance. The notes are expected to price on or about April 27, 2026 and settle on or about April 30, 2026. Minimum denomination is $1,000.
JPMorgan Chase Financial Company LLC offers 5‑year auto‑callable contingent interest notes linked to the MerQube US Tech+ Vol Advantage Index. The notes have a minimum denomination of $1,000, a pricing date of April 27, 2026 and a maturity date of May 1, 2031. The Index level reflects a 6.0% per annum daily deduction and a notional financing cost. The notes may pay a monthly contingent interest of at least 8.75% per annum (0.72917% per month) when the Index meets the Interest Barrier; they are automatically callable on monthly review dates if the Index is at or above its Initial Value. Estimated value at issue will be no less than $900.00 per $1,000 principal amount. Any payment depends on the issuer and guarantor creditworthiness and the notes can result in partial or total loss of principal if the Final Value is below the Buffer Threshold.
JPMorgan Chase Financial Company LLC priced capped notes linked to the least performing of the S&P 500®, the Dow Jones Industrial Average® and the Nasdaq-100®. Each $1,000 principal note pays at maturity $1,000 plus an Additional Amount equal to $1,000 × the Least Performing Index Return × a 100.00% Participation Rate, subject to a Maximum Amount of at least $603.50 per $1,000. The notes are unsecured obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., expose investors to issuer credit risk, do not pay interest or dividends, and are expected to price on or about March 31, 2026 with settlement on or about April 6, 2026. The Observation Date is March 31, 2031 and the Maturity Date is April 3, 2031. The estimated indicative value range appears on the cover: approximately $950.10 and will not be less than $900.00 per $1,000 at pricing.
JPMorgan Chase Financial Company LLC is offering Structured Investments Auto Callable Contingent Interest Notes linked to the MerQube US Small‑Cap Vol Advantage Index, priced at $1,000 per note. The notes are expected to price on or about April 30, 2026 and settle on or about May 5, 2026, with maturity on May 5, 2031. The notes pay a Contingent Interest Payment for any Review Date when the Index is at or above an Interest Barrier equal to 60.00% of the Initial Value; the Contingent Interest Rate will be at least 14.00% per annum (at least 3.50% per quarter). The notes are automatically callable (first possible automatic call: October 30, 2026) if the Index closes at or above its Initial Value on an applicable Review Date. The Index includes a 6.0% per annum daily deduction and uses a volatility‑targeting exposure to E‑mini Russell 2000 futures. Payments are unsecured obligations of JPMorgan Financial and are fully and unconditionally guaranteed by JPMorgan Chase & Co.; purchasers bear the credit risk of both entities. Investors may lose a substantial portion or all principal if the Final Value is below the Trigger Value (60.00% of Initial Value).
JPMorgan Chase Financial Company LLC is offering Capped Dual Directional Buffered Equity Notes linked to the S&P 500® Index due April 11, 2028. The notes provide a capped upside (Maximum Upside Return of at least 25.50%), a 15.00% buffer and 50.00% downside participation that limits negative-index recovery to a 7.50% capped return in certain down scenarios. Investors may forgo dividends and interest and can lose up to 85.00% of principal if the Index falls more than the buffer. The estimated value at issuance is approximately $984.30 per $1,000 note (not less than $960.00), with expected pricing on or about April 6, 2026 and settlement on or about April 9, 2026. Payments are subject to the credit risk of JPMorgan Financial and a full, unconditional guarantee by JPMorgan Chase & Co.