JPMorgan Chase & Co. 424B Filings

JPMorgan Chase Financial Company LLC is issuing $420,000 of Auto Callable Notes linked to the J.P. Morgan Multi-Asset Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes price at $1,000 per note, with selling commissions of $37.75 and proceeds to the issuer of $962.25 per note.

The notes may be automatically called on annual Review Dates from August 9, 2027 through August 7, 2030 if the Index is at or above specified Call Values, paying principal plus Call Premiums of 10.80%, 21.60%, 32.40% or 43.20%. If not called, at maturity on August 12, 2031 investors receive full principal plus an Additional Amount equal to the Index Return × 100% Participation Rate, floored at zero. The Initial Index Value was 315.49.

The notes pay no interest, are unsecured and unsubordinated, and expose investors to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The Index is a JPMS-sponsored, rules-based, multi-asset excess return index with a 1.00% per annum daily deduction and a volatility targeting methodology. The estimated value at pricing was $935.60 per $1,000 note, below the issue price due to embedded costs and hedging factors.

JPMorgan Chase Financial Company LLC is offering $2,439,000 of Market Linked Securities, Series A, fully and unconditionally guaranteed by JPMorgan Chase & Co., linked to the iShares ^® MSCI Emerging Markets ETF (EEM) and maturing on August 10, 2029.

Each security has a $1,000 principal amount, can be automatically called on August 12, 2027 if the fund closing price is at or above the starting price of $65.64, and would then pay $1,205.50 per security, reflecting a 20.55% call premium. If not called, at maturity investors receive leveraged upside at a 150% participation rate when the ending price exceeds the starting price, full principal repayment if the ending price is between the starting price and the $49.23 threshold, and one-for-one downside exposure if the ending price falls below the threshold.

The price to the public is $1,000 per security, including $25.75 in selling commissions, with issuer proceeds of $974.25 per security. The estimated value at pricing was $972.90 per security, reflecting embedded selling, structuring and hedging costs. The notes are unsecured, not FDIC insured, involve complex payoff, liquidity and tax considerations, and are intended only for investors able to bear contingent loss of principal.

JPMorgan Chase Financial Company LLC is offering Contingent Interest Notes due August 24, 2029, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are linked to the least performing of three equity indices: the Dow Jones Industrial Average®, the Russell 2000® Index and the Nasdaq-100 Index®.

For each $1,000 note, investors may receive a Contingent Interest Payment of at least $7.5417 per month, reflecting a Contingent Interest Rate of at least 9.05% per annum, but only for Review Dates when the closing level of each index is at or above 70.00% of its Initial Value, the Interest Barrier. If any index is below its barrier on a Review Date, no interest is paid for that period.

At maturity on August 24, 2029, if the Final Value of each index is at or above its Trigger Value (also 70.00% of Initial Value), investors receive $1,000 plus the final Contingent Interest Payment. If any index finishes below its Trigger Value, the payoff becomes $1,000 plus $1,000 times the return of the Least Performing Index, so losses exceed 30% of principal and may reach 100%. The notes are unsecured obligations of JPMorgan Financial, subject to the credit risk of both the issuer and guarantor, are not listed, and may trade at prices below the original issue price; the indicative estimated value is about $974.40 per $1,000, and will not be less than $940.00 when finalized.

JPMorgan Chase Financial Company LLC is offering $1,882,000 of Auto Callable Contingent Interest Notes linked to the common stock of Blackstone Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a 12.00% per annum contingent interest rate, or $30.00 per $1,000 per quarter, only for Review Dates when Blackstone’s closing price is at or above the Interest Barrier of 55.00% of the Initial Value.

The notes may be automatically called on specified Review Dates starting February 8, 2027 if Blackstone’s price is at or above the Initial Value of $137.13, in which case investors receive principal plus due and unpaid contingent interest and no further payments. If the notes are not called and the Final Value is at or above the Trigger Value of $75.4215, investors receive principal plus applicable contingent interest. If the Final Value is below the Trigger Value, repayment is reduced by the full negative stock return, and investors may lose more than 45% or all of principal. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., are not listed, and have an estimated value of $966.60 per $1,000 at pricing, below the issue price.

JPMorgan Chase Financial Company LLC is offering callable contingent interest notes due February 17, 2028, linked to the least performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, in minimum denominations of $1,000, fully guaranteed by JPMorgan Chase & Co.

The notes pay a Contingent Interest Payment on each Review Date only if the closing level of each index is at least 60.00% of its Initial Value, an Interest Barrier. If this condition is never met, investors receive no interest. The issuer may redeem the notes early, in whole, on specified Interest Payment Dates starting November 19, 2026, typically paying $1,000 plus the related contingent interest.

If the notes are not redeemed and, on the final Review Date, the Final Value of any index is below its 60.00% Trigger Value, the maturity payment is reduced by the negative return of the Least Performing Index, leading to a significant or total loss of principal. The hypothetical Contingent Interest Rate is 8.75% per annum (0.72917% per month). The estimated value is about $982 per $1,000 note today and will not be less than $900 at pricing, reflecting embedded selling, structuring and hedging costs. The notes are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. and will not be listed, so liquidity may be limited.

JPMorgan Financial is offering callable contingent interest notes due July 19, 2028, linked separately to the Nasdaq-100, Russell 2000 and S&P 500 indices, and fully guaranteed by JPMorgan Chase & Co. Investors receive a Contingent Interest Payment on a Review Date only if each index closes at or above 70.00% of its Initial Value, and the notes may be redeemed early at the issuer’s option on specified Interest Payment Dates, starting November 19, 2026.

If the notes are not called and, on the final Review Date, any index finishes below its 70.00% Trigger Value, repayment of principal is reduced dollar-for-dollar with the decline of the Least Performing Index, potentially to zero. The hypothetical Contingent Interest Rate is at least 9.25% per annum, but interest is not guaranteed and may never be paid. The estimated economic value is lower than par—about $963.20 per $1,000 note if priced today and not less than $900.00 at issuance—and investors face both market risk on the indices and unsecured credit risk of JPMorgan Financial and JPMorgan Chase & Co., along with limited liquidity and complex U.S. tax treatment.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the least performing of the Nasdaq-100, Russell 2000 and EURO STOXX 50 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a monthly Contingent Interest Payment only when the closing level of each index on a Review Date is at or above an Interest Barrier set at 75% of its Initial Value.

Starting with the fourth Review Date, the notes are automatically called if each index is at or above its Initial Value, returning $1,000 principal per note plus the applicable interest; no further payments follow. If not called, and at maturity each index is at or above its Trigger Value of 70% of Initial Value, investors receive $1,000 plus any final contingent interest. If the least performing index finishes below its Trigger Value, the redemption equals $1,000 plus $1,000 times the least performing index return, so principal losses mirror index declines and can reach 100%.

The notes have $1,000 minimum denominations, a term to February 17, 2028, and a contingent interest rate of at least 10.00% per annum. An indicative estimated value is $968.80 per $1,000 note and will not be less than $900.00, reflecting embedded selling commissions, hedging costs and dealer margin. Key risks highlighted include potential loss of principal, the possibility of receiving no interest, exposure to each index individually (small-cap and non-U.S. equities), limited liquidity, issuer and guarantor credit risk, early acceleration on legal or regulatory changes, and tax uncertainty for both U.S. and non-U.S. holders.

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 target a fixed Contingent Digital Return of at least 8.07% per $1,000 at maturity if the S&P 500® Ending Index Level is at or above the Index Strike Level, or is below it by up to the 12.50% Buffer Amount. In that case, investors receive $1,000 + $80.70 per note, regardless of how much the index has risen.

If the Ending Index Level is more than 12.50% below the Index Strike Level, principal is reduced on a leveraged downside basis of 1.14286% for each additional 1% index decline, so investors can lose some or all of their investment. The notes pay no interest or dividends and carry the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. They are expected to price on or about August 12, 2026, with maturity on August 27, 2027, in minimum denominations of $10,000. The issuer estimates the initial economic value at about $987.90 per $1,000 note, and it will not be less than $970.00, reflecting embedded fees, hedging costs and selling commissions. The notes will not be listed, and secondary market liquidity and pricing are expected to be limited.

JPMorgan Chase Financial Company LLC is offering structured, auto-callable notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 principal amount and can be automatically called on scheduled Review Dates starting August 30, 2027 if the Index closes at or above the Call Value, set at 100% of the Initial Value. If called, investors receive $1,000 plus a fixed Call Premium that steps up from at least 19.85% on the first Review Date to at least 99.25% on the final Review Date.

If the notes are not called, principal is protected only within a 15% buffer: if the Index is down more than 15% at maturity, repayment is reduced 1:1 beyond that threshold, with up to 85% loss of principal. The Index embeds a 6.0% per annum daily deduction and a daily notional financing cost on the QQQ Fund, and can use leverage up to 500%, which together can materially drag performance and amplify losses. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and are not listed, so liquidity will depend on dealer trading.

JPMorgan Chase Financial Company LLC is offering $730,000 in Auto Callable Buffered Return Enhanced Notes linked to the lesser performing of the Russell 2000 Index and the iShares MSCI Emerging Markets ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 principal amount, a 10.00% downside buffer and an Upside Leverage Factor of 1.50 if held to maturity and not called. The notes may be automatically called on August 13, 2027 if each underlying is at or above its Call Value, paying principal plus a Call Premium Amount of $251.50 per $1,000 note. If not called, investors can lose up to 90.00% of principal based on the lesser performing underlying. The public issue price is $1,000, including $7.50 in selling commissions and an estimated value of $990.10 per note, and the notes are unsecured obligations subject to the credit risk of both the issuer and guarantor.

JPMorgan Chase Financial Company LLC is offering $3,447,000 of Auto Callable Contingent Interest Notes due August 8, 2033, linked to the MerQube US Large-Cap Vol Advantage Index and fully guaranteed by JPMorgan Chase & Co. The notes pay a Contingent Interest Rate of 18.00% per annum (1.50% monthly) only when, on a given monthly Interest Review Date, the Index is at or above 70.00% of the Strike Value (the Interest Barrier). The notes may be automatically called quarterly from February 3, 2027 if the Index is at or above the Strike Value, in which case investors receive $1,000 plus the applicable contingent interest and no further payments.

If the notes are not called, principal repayment at maturity depends on the Index. If the Final Value is at or above the Trigger Value of 50.00% of the Strike, investors receive $1,000 plus any final contingent interest; if it is below the Trigger, repayment is $1,000 plus $1,000 × Index Return, exposing investors to loss of a significant portion or all principal. The Index employs a leveraged, rules-based exposure to E-mini S&P 500 futures with a 35% target volatility, a maximum 500% futures exposure and a 6.0% per annum daily deduction, which is a persistent drag on performance. The price to public is $1,000 per note, including $8.50 in fees and commissions; net proceeds to the issuer are $991.50 per note, and the estimated value at pricing was $941.20 per $1,000 note, reflecting embedded costs and issuer funding assumptions.

JPMorgan Chase Financial Company LLC is offering Auto Callable Accelerated Barrier Notes due August 17, 2029, linked to the least performing of the Dow Jones Industrial Average®, Nasdaq-100 Index® and Russell 2000® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes may be automatically called on August 20, 2027 if each index closes at or above its Call Value, paying $1,000 plus a Call Premium Amount of at least $212.50 per note. If not called and each index finishes above its Initial Value, investors receive an uncapped return equal to 1.50× the appreciation of the least performing index. If any index finishes at or below its Initial Value but all remain at or above 70% of Initial Value, principal is returned. If any index finishes below the 70% Barrier Amount, principal is reduced 1% for every 1% decline of the least performing index and can be lost entirely.

The notes pay no interest or dividends, are issued in $1,000 minimum denominations, and are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. If priced today, the estimated value would be about $958.50 per $1,000 note and will not be less than $900.00 at pricing.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes due August 17, 2028, linked to the common stock of Constellation Energy Corporation (CEG), and fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a contingent interest rate of at least 15.00% per annum (3.75% per quarter) only for Review Dates when Constellation’s share price is at or above 60.00% of the Initial Value, with missed coupons potentially paid later if the barrier is subsequently met. The notes may be automatically called on specified Review Dates starting February 12, 2027 if the share price is at least equal to the Initial Value, returning principal plus the due and unpaid contingent interest. If not called and the final share price is at or above the Trigger Value (also 60.00% of Initial Value), investors receive principal plus contingent interest; if it is below, repayment is reduced one-for-one with the stock decline, and investors can lose more than 40% and up to all of principal. The notes are unsecured obligations subject to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., and will not be listed on any exchange.

JPMorgan Chase Financial Company LLC is offering $368,000 of auto-callable structured notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are issued in $1,000 denominations, priced at 100% of principal, with an estimated value of $946.90 per note at issuance and no periodic interest or dividends.

The notes may be automatically called starting August 12, 2027 if the Index is at or above its Call Value (100% of Initial Value), paying back principal plus a fixed call premium that ranges from 21.00% on the first Review Date to 105.00% on the final Review Date. If not called, a 30.00% buffer protects principal at maturity; beyond that, investors lose 1% of principal for each 1% Index decline below the buffer, up to a 70.00% loss. The underlying Index embeds a 6.0% per annum daily deduction and a notional financing cost on QQQ exposure, uses volatility-targeting with leverage up to 500%, and may significantly underperform an equivalent index without these deductions. Repayment depends on the credit of both JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is offering $4,423,000 of Digital Buffered Notes linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a fixed Contingent Digital Return of 8.80% at maturity per $1,000 note if the S&P 500® ending level is at or above the initial level of 7,757.64, or down by up to the 10.00% Buffer Amount. In those cases, investors receive $1,088 per $1,000 note. If the index is below the buffer, principal is exposed to leveraged losses at a 1.11111 downside factor, and investors may lose some or all principal. The estimated value is $988.10 per $1,000 note, below the issue price of $1,000, reflecting selling commissions, hedging costs and issuer profits. The notes pay no interest or dividends, are unsecured and unsubordinated, will not be listed, and secondary market prices are expected to be below the issue price.

JPMorgan Chase Financial Company LLC is issuing Capped Dual Directional Contingent Buffered Equity Notes linked to the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are unsecured, pay no interest or dividends, and expose holders to the credit risk of both entities.

Each $1,000 note offers unleveraged exposure to the Index: upside is equal to the Index Return but capped at a Maximum Upside Return of 10.00%, for a maximum positive payment of $1,100. On the downside, if the Index declines by up to the Contingent Buffer Amount of 20.20%, investors receive the absolute value of the loss, up to a maximum payment of $1,202 per $1,000 note. If the Index falls by more than 20.20%, principal is reduced 1% for each 1% decline and investors can lose all principal.

The notes are priced at $1,000 per note, with total offering size of $2,679,000 and proceeds to the issuer of $2,652,210. The estimated value at pricing was $987.20 per $1,000 note. The Initial Index Level is 7,757.64, the Pricing Date is August 7, 2026, the Valuation Date is August 20, 2027, and the Maturity Date is August 25, 2027, subject to possible postponement. Minimum denomination is $10,000. Secondary market liquidity is not assured, and secondary prices are expected to be below the issue price.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Digital Contingent Buffered Notes linked to an equally weighted basket of four financial stocks: Morgan Stanley, Bank of America, Capital One Financial and Wells Fargo. The notes have a Pricing Date of August 7, 2026, a Valuation Date of August 20, 2027 and Maturity Date of August 25, 2027.

Each $1,000 note pays a fixed Contingent Digital Return of 14.25% (maximum payment $1,142.50) if the Ending Basket Level is at least 90% of the Starting Basket Level (10% Buffer Amount). If the basket falls more than 10%, principal is exposed on a leveraged basis: investors lose 1.11111% of principal for each additional 1% decline, up to total loss of principal.

The notes pay no interest or dividends and are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note, with total offering of $7,548,000, including selling commissions of $10 per $1,000 note. The issuer’s estimated value is $977.80 per $1,000, reflecting structuring and hedging costs, and the notes will not be listed, so liquidity and secondary prices may be limited.

JPMorgan Chase Financial Company LLC is offering unsecured Digital Buffered Notes linked to the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. If the S&P 500 ending level is at or above its initial level, or down by up to 10.00%, each $1,000 note pays a fixed Contingent Digital Return of at least 8.80%, for a minimum of $1,088 at maturity. Above this threshold, upside is capped at this fixed return.

If the Index is below the initial level by more than 10.00% on the valuation date, principal is reduced on a leveraged basis, with a Downside Leverage Factor of 1.11111, potentially resulting in a loss of some or all of principal. Minimum denominations are $10,000. The notes are expected to price on or about August 14, 2026, with maturity on September 1, 2027. The indicative estimated value is about $987.80 per $1,000 note and will not be less than $970.00. JPMorgan and affiliates have separately committed $900,000 in donations to Blue Star Families, independent of these notes.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing $1,973,000 of Auto Callable Contingent Interest Notes linked to Generac Holdings Inc. common stock, due August 10, 2028, in minimum denominations of $1,000.

Holders may receive a quarterly Contingent Interest Payment of $37.50 per $1,000 (a 15.00% per annum rate) for any Review Date on which Generac’s share price is at or above the Interest Barrier of $88.0713 (41.50% of the $212.22 Initial Value). Missed interest can be paid later if the barrier is met, but interest is not guaranteed.

The notes are automatically called, starting February 8, 2027, if Generac’s closing price on a non-first, non-final Review Date is at least the Initial Value, returning $1,000 plus applicable interest and any unpaid interest. If not called and the Final Value is below the Trigger Value (also 41.50% of the Initial Value), repayment is reduced by the full negative Stock Return, and investors can lose more than 58.50% and up to all principal. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is offering $894,000 of Auto Callable Contingent Interest Notes linked to the common stock of Tesla, Inc., fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes have a maturity date of August 10, 2028 and are issued in $1,000 denominations. Investors may receive a Contingent Interest Payment of $37.50 per $1,000 per quarter, equivalent to a 15.00% per annum Contingent Interest Rate, for any Review Date on which Tesla’s closing price is at least 57.00% of the Initial Value, defined as the Interest Barrier. The Initial Value is $328.58 and the corresponding Interest Barrier and Trigger Value are $187.2906. The notes are automatically called if, on any Review Date other than the first and final, Tesla’s closing price is at least the Initial Value, with the earliest possible call on February 8, 2027. If the notes are not called and the Final Value is below the Trigger Value, repayment of principal is reduced one-for-one with Tesla’s decline, and investors can lose more than 43.00% or all of principal. The price to public is $1,000 per note, with an estimated value of $965.70 and proceeds to the issuer of $981.50 per note, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is offering $2,075,000 of Uncapped Digital Barrier Notes linked to the least performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, due August 12, 2031, in minimum denominations of $1,000. The notes are unsecured, unsubordinated obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co.

At maturity, if the final level of each index is at or above its initial level, investors receive the greater of the 72.50% Contingent Digital Return or the actual return of the least performing index. If any index is below its initial level but each is at or above 70.00% of its initial level (the Barrier Amount), investors receive principal only. If any index finishes below its Barrier Amount, repayment is reduced 1% for every 1% decline of the least performing index, down to a total loss of principal.

The notes pay no interest, provide no dividends and will not be listed, and secondary prices are expected to be below the $1,000 issue price. The estimated value is $973.10 per $1,000 note, reflecting selling, structuring and hedging costs. Tax counsel views the notes as “open transactions” treated as prepaid financial contracts, and counsel believes Section 871(m) should not apply to Non-U.S. Holders, though the IRS could disagree.

JPMorgan Chase Financial Company LLC is offering $12,675,000 of unsecured Review Notes linked separately to the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be automatically called quarterly from August 11, 2027 if each index is at or above its Call Value, starting at 91% of its Initial Value and stepping down to 80% on the final Review Date.

On an automatic call, investors receive $1,000 plus a Call Premium per note, from 10% on the first Review Date up to 50% on the final Review Date. If never called and any index finishes below its Barrier Amount of 80% of its Initial Value, principal is reduced one-for-one with the Least Performing Index Return, potentially to zero. The notes pay no interest or dividends, are not principal protected, and carry the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The estimated value at pricing was $982.50 per $1,000 note.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is issuing Auto Callable Contingent Interest Notes linked to the common stock of Chipotle Mexican Grill, Inc. The notes have a $1,000 denomination (minimum $10,000) and are offered at 100% of principal, with total offering size of $660,000. Underwriting fees are $10 per note, and net proceeds to the issuer are $990 per note; the initial estimated value is $985.10 per note.

The notes pay a quarterly Contingent Interest Payment of $30.325 per $1,000 note (if conditions are met) and may be automatically called if Chipotle’s stock closes at or above the Stock Strike Price of $33.71 on any Review Date before maturity. Interest and principal protection depend on the stock staying at or above the Interest Barrier/Buffer Threshold of $23.597 (70% of the strike). If at final valuation a Buffer Event occurs (final price below the 30% buffer), principal is reduced by 1.42857% for every 1% decline beyond the buffer, potentially resulting in a substantial or total loss of principal. The notes mature on August 24, 2027 and are unsecured, unsubordinated obligations subject to the credit risk of both the issuer and guarantor.

JPMorgan Chase Financial Company LLC is offering $660,000 of unsecured notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are designed for investors seeking leveraged upside to index appreciation over a five-year term, with a 155.00% participation rate in any positive Index Return.

At maturity on August 12, 2031, investors receive full principal repayment plus an Additional Amount equal to $1,000 × Index Return × 155%, floored at zero, based on an Initial Index Value of 619.15. The notes pay no interest, are not listed, and any payments are subject to the credit risk of both issuer and guarantor. The price to public is $1,000 per note, including $7.50 in selling commissions, versus an estimated value of $981.10. For tax purposes, the notes are treated as contingent payment debt instruments with a comparable yield of 4.55% and a projected single payment of $1,252.36 at maturity.

Key risks include lack of liquidity, potential secondary market prices below issue price, sensitivity to futures-market factors and negative roll returns, and dependence on JPMorgan’s credit.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $800,000 of unsecured Structured Investments Review Notes linked individually to the Dow Jones Industrial Average®, the Russell 2000® Index and the S&P 500® Index, maturing on August 12, 2032.

The notes may be automatically called on any of ten Review Dates starting February 7, 2028 if each Index is at or above its specified Call Value, paying $1,000 plus a Call Premium per note that steps up from 14.325% on the first Review Date to 57.300% on the final Review Date. If not called, and on the final Review Date each Index is at or above its Barrier Amount (75% of its Initial Value), investors receive principal back at maturity.

If the Final Value of any Index is below its Barrier Amount, the payoff is $1,000 + ($1,000 × Least Performing Index Return), exposing investors to 1:1 downside below the Initial Value and potential total loss of principal$974.10 per $1,000, reflecting structuring and hedging costs.

JPMorgan Chase Financial Company LLC is issuing $2,318,000 of Structured Investments Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are unsecured, unsubordinated obligations with a minimum denomination of $1,000 and mature on August 12, 2032.

The notes offer automatic call features: if on any Review Date the Index is at or above the Call Value (85.00% of the Initial Value of 4,502.83), investors receive $1,000 plus a fixed Call Premium Amount that steps up from 16.700% to 100.200% of principal over 21 Review Dates. If not called and the Final Value is at or above the Barrier Amount of 50.00% of the Initial Value (2,251.415), investors receive full principal; otherwise the payoff is $1,000 plus $1,000 times the Index return, with the potential to lose more than 50% and up to all principal.

The underlying Index uses a 35% target volatility and can employ leverage up to 500% exposure to E-mini S&P 500 futures, while incurring a 6.0% per annum daily deduction, which the issuer states will generally drag on Index performance. The estimated value of the notes at pricing was $929.40 per $1,000, below issue price, reflecting structuring and hedging costs. No interest or dividends are paid, and any return depends on Index performance and the issuers’ credit.

JPMorgan Chase Financial Company LLC is offering $800,000 of structured review 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 S&P 500® Index, maturing on August 12, 2032.

The notes may be automatically called on scheduled Review Dates starting February 7, 2028 if each index is at or above its applicable Call Value, paying back $1,000 plus a fixed Call Premium (from 15.375% on the first Review Date up to 61.500% on the final Review Date). Otherwise, at maturity investors receive their principal only if each index is at or above its Barrier Amount, set at 75% of the initial index level.

If any index finishes below its Barrier Amount and the notes were not called, the payoff is $1,000 plus $1,000 times the Least Performing Index Return, exposing holders to a loss of more than 25% and potentially all principal. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and had an estimated value of $972.40 per $1,000 at pricing, reflecting structuring and hedging costs.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes due August 24, 2029, linked to the MerQube US Large-Cap Vol Advantage Index and fully guaranteed by JPMorgan Chase & Co. Investors receive a Contingent Interest Payment only for Review Dates when the Index closes at or above 65% of the Initial Value (the Interest Barrier); missed coupons are paid later if a subsequent Review Date meets this barrier.

The notes may be automatically called on certain Review Dates starting August 23, 2027 if the Index is at or above the Call Value (illustrated as 90% of the Initial Value), returning $1,000 plus due interest. If not called, and the Final Value is at or above the Trigger Value (also 65% of Initial), investors receive principal plus all due interest; otherwise, repayment is $1,000 + $1,000 × Index Return, exposing holders to significant principal loss, up to 100%. The Index uses leveraged E‑mini S&P 500 futures with a 35% target volatility and up to 500% exposure, and is reduced by a 6.0% per annum daily deduction, which drags on performance. Minimum denomination is $1,000. If priced on the indicated date, the estimated value would be about $950 per $1,000, and will not be less than $930, reflecting embedded costs, credit risk of the issuer and guarantor, and complex market and liquidity risks.

JPMorgan Chase Financial Company LLC is offering Uncapped Buffered Return Enhanced Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes mature on August 25, 2031, with minimum denominations of $1,000.

At maturity, investors receive 1.87 times any positive Index return, with no upside cap. A 20.00% buffer protects principal against moderate declines, but if the Index falls more than 20.00%, principal is reduced 1:1 beyond the buffer, for a maximum loss of 80.00%. The notes pay no interest, are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., and will not be listed, so liquidity depends on dealer demand. An indicative estimated value is $950.60 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 is issuing $250,000 in Structured Investments Buffered Digital Notes, fully and unconditionally guaranteed by JPMorgan Chase & Co., linked to the least performing of the Nasdaq-100® Technology Sector, the Russell 2000® Index and the S&P 500® Index, maturing September 10, 2027. The notes offer a fixed 8.70% return at maturity if the final level of the worst-performing index is at or above its initial level, or down by up to 25.00%. Below this 25.00% buffer, principal is exposed on a 1:1 basis, with losses up to 75.00% of principal if the least performing index falls 100.00%. The minimum denomination is $1,000, they pay no periodic interest or dividends, are unsecured and unsubordinated, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The price to the public is $1,000 per note, including $7 in selling commissions, versus an estimated value of $989.60 per $1,000 at pricing, reflecting embedded costs and hedging assumptions.

JPMorgan Chase Financial Company LLC is offering $10,579,000 of Auto Callable Contingent Interest Notes due August 12, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are unsecured, unsubordinated obligations subject to the credit risk of both entities.

The notes pay a 9.00% per annum Contingent Interest, credited monthly at 0.75%, only if on each monthly Interest Review Date the Dow Jones Industrial Average, Nasdaq‑100 Index and Russell 2000 Index are all at or above 75% of their Initial Value. The notes are automatically called quarterly from August 9, 2027 if each index is at or above its Initial Value, in which case investors receive par plus the applicable contingent interest and no further payments.

If not called, at maturity investors receive par plus the final contingent interest only if each index is at or above its 70% Trigger Value. If any index finishes below its Trigger Value, repayment is reduced 1:1 with the decline of the worst-performing index, potentially down to zero. The price to public is $1,000 per note, including $40.75 in fees and commissions, with issuer proceeds of $959.25 per note. The estimated value was $937.80 per note at pricing, and the notes will not be listed on any exchange.

JPMorgan Chase Financial Company LLC is offering $1,320,000 of Buffered Digital Notes due August 10, 2028, linked to the lesser performing of the Nasdaq-100 Index® and the Russell 2000® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest but offer a fixed 21.05% Contingent Digital Return at maturity if the final level of each index is at or above its Initial Value or down by up to the 20.00% Buffer Amount. If either index falls more than 20% from its Initial Value, principal is exposed 1-for-1 to further declines of the lesser performing index, with repayment as low as $200 per $1,000 note (an 80% loss). The notes are unsecured, not insured, not exchange-listed, and their estimated value is $986.80 per $1,000, below the $1,000 price to public, reflecting selling commissions, hedging costs and issuer funding assumptions. Investors also face credit risk of JPMorgan Financial and JPMorgan Chase & Co., potential liquidity constraints and complex U.S. tax treatment.

JPMorgan Chase Financial Company LLC is issuing structured Uncapped Digital Barrier Notes due August 12, 2030, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes provide uncapped, unleveraged exposure to the least performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index.

At maturity, if each index finishes at or above its initial level, investors receive the greater of the 60.00% Contingent Digital Return or the least performing index’s return. If any index is below its initial level but all remain at or above 70.00% of their initial level, principal is returned. If any index falls below its 70.00% Barrier Amount, principal is reduced 1% for each 1% decline of the least performing index, potentially to zero.

The notes are issued in $1,000 denominations, with total offering size of $1,751,000. Price to public is $1,000 per note, including fees and structuring costs; the issuer’s estimated value is $975.40 per $1,000 note. The notes pay no interest or dividends, are unsecured obligations subject to JPMorgan Financial and JPMorgan Chase & Co. credit risk, are not listed on an exchange, and may be difficult to sell. The filing highlights market, small-cap, non-U.S. equity, liquidity, valuation, conflict-of-interest and tax risks, including potential adverse changes in U.S. tax treatment.

JPMorgan Chase Financial Company LLC is issuing $415,000 of Auto Callable Contingent Interest Notes due August 12, 2031, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are linked to the MerQube US Tech+ Vol Advantage Index, which tracks a leveraged, volatility-targeted exposure to the Invesco QQQ Fund, reduced by a 6.0% per annum daily deduction and a daily notional financing cost.

Investors may receive a 9.00% per annum Contingent Interest Payment (0.75% monthly) for each Review Date on which the Index is at or above 80% of the Initial Value, with previously unpaid interest amounts catching up when the barrier is met. The notes are automatically called, starting August 9, 2027, if on certain Review Dates the Index is at or above the Initial Value, returning $1,000 plus due interest. If not called and the Final Index Value is below the 70% Buffer Threshold, principal is reduced 1:1 beyond a 30% Buffer Amount, with up to 70% principal loss possible. Payments depend on the credit of JPMorgan Financial and JPMorgan Chase & Co., and the notes are unsecured, unlisted, and may be illiquid.

JPMorgan Chase Financial Company LLC is offering $630,000 of Capped Buffered Return Enhanced Notes linked to the State Street Consumer Staples Select Sector SPDR ETF (XLP), fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes provide 1.50x leveraged upside exposure to any ETF appreciation, capped at a 45.50% maximum return, for a maximum payment of $1,455 per $1,000 note at maturity. A 20% downside buffer absorbs moderate losses, but below this level investors lose 1.25% of principal for every 1% further decline, up to a total loss.

The notes pay no interest, do not pass through ETF dividends, and are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The notes priced on August 7, 2026, with an Initial Value of the ETF of $85.12 per share and an estimated value of $979.30 per $1,000 note, reflecting embedded fees and hedging costs.

JPMorgan Chase Financial Company LLC is offering $1,150,000 in Auto Callable Contingent Interest Notes linked to the lesser performing of the Russell 2000 Index and the S&P 500 Index, due August 16, 2027, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay a contingent interest rate of 11.10% per annum (2.775% quarterly) only for Review Dates when each index closes at or above 70% of its Initial Value, and can be automatically called if each index is at or above its Initial Value. If not called and a Trigger Event occurs (either index ever falls below 70% of its Initial Value) and the lesser performing index finishes below its Initial Value, principal is reduced 1% for each 1% decline, up to total loss. The notes are unsecured, subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., offer no upside participation in the indices, and will not be listed, with likely limited secondary liquidity.

JPMorgan Chase Financial Company LLC is offering structured Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., maturing on August 14, 2031 with minimum denominations of $1,000.

The notes pay a monthly Contingent Interest Rate of at least 14.10% per annum only if, on each Review Date, the Index is at or above an Interest Barrier equal to 60.00% of the Strike Value; otherwise no interest is paid for that period. The notes are automatically called, starting as early as August 10, 2027, if on certain Review Dates the Index is at or above the Strike Value, returning $1,000 per note plus the applicable interest, with no further payments.

If the notes are not called and on the final Review Date the Index closes below a Trigger Value equal to 50.00% of the Strike Value, investors lose 1% of principal for each 1% Index decline from the Strike, up to a total loss. The underlying Index includes a 6.0% per annum daily deduction and can use leverage up to 500% exposure to E-mini S&P 500 futures, which may significantly drag on performance. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is offering $635,000 of auto callable contingent interest notes linked individually to the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay a Contingent Interest Payment at an annual rate of 8.35% (0.69583% monthly) only on Review Dates when the closing level of each index is at or above 70.00% of its Initial Value (the Interest Barrier. Automatic call can occur on Review Dates from February 8, 2027 onward if each index is at or above its Initial Value, returning $1,000 plus the applicable interest and ending further payments.

If not called, at maturity investors receive $1,000 plus any final contingent interest if the Least Performing Index is at or above 50.00% of its Initial Value (Trigger Value); otherwise principal is reduced 1% for each 1% decline in that index, potentially down to zero. The notes are unsecured, not FDIC insured, not listed on an exchange, and the issuer’s estimated value is $970.30 per $1,000, below the issue price due to selling, structuring and hedging costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering $6,846,000 of Auto Callable Buffered Return Enhanced Notes linked to the EURO STOXX 50® Index. Investors pay $1,000 per note and may be automatically called on August 20, 2027 for $1,000 plus a 13.90% call premium if the Index is at or above the Initial Index Level.

If not called, at maturity on August 10, 2028 investors receive leveraged upside of 1.25x any positive Index Return, full principal back for Index declines up to the 15.00% Buffer Amount, and leveraged losses of 1.17647% of principal for each 1% Index decline beyond that buffer. The Initial Index Level is 6,523.86. The notes pay no interest or dividends, are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and may result in a loss of some or all principal. The estimated value at pricing was $980.80 per $1,000 note, below the issue price due to selling, structuring and hedging costs.

JPMorgan Chase Financial Company LLC is offering structured Uncapped Digital Barrier Notes due August 10, 2029, linked to the least performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, in an aggregate principal amount of $2,123,000. The notes provide uncapped, unleveraged exposure to any positive performance of the least performing index at maturity and feature a Contingent Digital Return of 48.25%, plus principal, if each index finishes at or above its initial level. If any index finishes below its initial level but at or above its Barrier Amount of 70%, investors receive par only.

If the final level of any index is below its barrier, repayment is reduced 1% for every 1% decline in the least performing index, exposing investors to a loss of up to 100% of principal. The notes pay no interest or dividends, are unsecured and unsubordinated obligations of JPMorgan Chase Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., and subject to both entities’ credit risk. The price to public is $1,000 per note, including fees and hedging-related costs, versus an estimated value of $983.80 per $1,000 at pricing.

JPMorgan Chase Financial Company LLC is offering $1,650,000 of Auto Callable Accelerated Barrier Notes linked to the lesser performing of the Nasdaq-100 Index® and the S&P 500® Index, guaranteed by JPMorgan Chase & Co., due August 12, 2031.

The notes may be automatically called on February 7, 2029 if each index is at or above its Call Value, paying $1,000 principal plus a $375 Call Premium per note. If not called, at maturity investors receive 2.00 times any positive return of the lesser-performing index, full principal back if that index is at or above 70% of its Initial Value, or a 1:1 loss below that barrier, up to total loss of principal. The notes pay no interest or dividends, are unsecured, and carry full credit risk of JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note, including $4 in fees, with an estimated value of $994.10.

JPMorgan Chase Financial Company LLC is offering $21,155,000 of auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, maturing on August 12, 2031 and fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay a Contingent Interest Rate of 16.60% per annum (4.15% quarterly) only on Review Dates when the Index is at or above 65% of the Initial Value. The notes are automatically called if, on any non‑first and non‑final Review Date, the Index is at or above its Initial Value; earliest possible call is February 8, 2027. If held to maturity without being called and the Final Value is below the 60% Trigger Value, principal is reduced 1% for every 1% Index decline, down to zero.

The Index uses leveraged exposure (up to 500%) to E-mini S&P 500 futures with a 35% target volatility and is reduced by a 6.0% per annum daily deduction, which is a persistent drag on performance. The price to public is $1,000 per note, including $9 in fees; the issuer’s estimated value is $932.10 per note, and any payment is subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is issuing $461,000 of unsecured, unsubordinated callable notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are designed for investors seeking potential early redemption at a premium if, on any of 25 Review Dates starting August 12, 2027, the Index closes at or above the Call Value of 90.00% of the Initial Value. In that case, each $1,000 note is automatically called for $1,000 plus a Call Premium Amount that starts at 13.20% of principal on the first Review Date and increases to 39.60% on the final Review Date.

If the notes are not called and the Final Value is at least 75% of the Initial Value, investors receive their principal at the August 10, 2029 maturity, reflecting a 25.00% Buffer Amount. If the Final Value is below this buffer, the maturity payment is reduced by 1% for each 1% decline beyond the buffer, for a maximum loss of 75.00% of principal. The notes pay no interest and provide no participation in Index gains beyond the fixed call premiums.

The Index applies a 6.0% per annum daily deduction, which will drag performance and cause it to trail an identical index without such a deduction. The price to public is $1,000 per note, including $12.50 in selling commissions, with issuer proceeds of $987.50 per note. The estimated value at pricing was $945.00 per $1,000 note, reflecting embedded costs and internal funding assumptions. Any payments depend on the credit of JPMorgan Financial and JPMorgan Chase & Co., and the notes are not bank deposits or FDIC insured.

JPMorgan Chase Financial Company LLC is offering structured Capped Dual Directional Buffered Equity Notes linked to the S&P 500® Futures Excess Return Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., with a total offering of $1,859,000 and minimum denominations of $1,000.

The notes provide unleveraged upside to index appreciation up to a Maximum Upside Return of 33.00%, and, if the index is flat or down by up to a 15.00% Buffer Amount, a positive return equal to the absolute index move. If the index falls by more than 15.00%, investors lose 1% of principal for each 1% additional decline, for a maximum loss of 85.00% (payment as low as $150 per $1,000 at maturity).

The notes pay no interest, are unsecured and unsubordinated, and expose holders to the credit risks of both JPMorgan Financial and JPMorgan Chase & Co. They are not listed, and secondary market prices are expected to be below the $1,000 issue price; the issuer’s estimated value is $985.30 per note. Tax treatment is complex, including treatment as prepaid financial contracts and potential future changes in U.S. tax rules.

JPMorgan Chase Financial Company LLC is issuing $773,000 of auto callable contingent interest notes linked separately to the Russell 2000 Index and the S&P 500 Index, due August 16, 2027 and fully and unconditionally guaranteed by JPMorgan Chase & Co.

Investors receive a Contingent Interest Payment at 11.00% per annum (2.75% quarterly) only on Review Dates when each index closes at or above 70.00% of its Initial Value. The notes are automatically called, returning principal plus that period’s interest, if on any non-final Review Date each index is at or above its Initial Value.

If not called and a Trigger Event occurs (either index ever closing below 70.00% of its Initial Value during the Monitoring Period), and the lesser-performing index finishes below its Initial Value, repayment of principal is reduced one-for-one with that index’s loss, potentially to zero. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The estimated value is $987.50 per $1,000, below the $1,000 price to public, reflecting selling commissions, hedging costs and issuer funding assumptions. Liquidity may be limited, tax treatment is complex, and investors forgo dividends on the underlying indices.

JPMorgan Chase Financial Company LLC is offering $23,075,000 of Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay a Contingent Interest Rate of 18.00% per annum, credited monthly only when the Index is at or above 70.00% of the Initial Value on each Interest Review Date.

The notes may be automatically called quarterly, starting February 8, 2027, if the Index is at or above its Initial Value, returning $1,000 principal plus any due contingent interest. If not called, and at maturity on August 12, 2032 the Index is at or above the Trigger Value of 50.00% of the Initial Value, investors receive principal plus any final contingent interest. If the Final Value is below the Trigger Value, repayment equals $1,000 + ($1,000 × Index Return), so principal losses can exceed 50% and extend to total loss.

The Index employs up to 500% leverage and is subject to a 6.0% per annum daily deduction, which acts as a drag on performance. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The price to public is $1,000 per note, including $9 in fees and commissions, versus an estimated value of $927.80 per $1,000 at pricing.

JPMorgan Chase Financial Company LLC is issuing $3,834,000 of unsecured, unsubordinated Auto Callable Contingent Interest Notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are scheduled to mature on August 12, 2032, unless automatically called on a quarterly Autocall Review Date beginning August 9, 2027 if the Index closing level is at least the Initial Value.

Investors may receive a Contingent Interest Payment at a rate of 17.80% per annum (1.48333% per month) for each monthly Interest Review Date on which the Index is at or above 70.00% of the Initial Value (the Interest Barrier). If the notes are not called and the Final Value is below the 50.00% Trigger Value, principal is reduced 1% for each 1% Index decline, down to zero. The Index embeds a 6.0% per annum daily deduction, which drags performance and can offset positive futures returns. The price to the public is $1,000 per note, including $9 in fees, with estimated value of $923.40 per note. Any payments depend on the credit of JPMorgan Financial and JPMorgan Chase & Co., and the notes are not insured or bank deposits.

JPMorgan Chase Financial Company LLC is issuing $1,060,000 of Auto Callable Contingent Interest 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 have a maturity date of August 16, 2027, minimum denominations of $1,000, and pay a Contingent Interest Rate of 8.80% per annum (2.20% quarterly) only if on a Review Date the closing level of each index is at or above 60.00% of its Initial Value, the Interest Barrier. The notes are automatically called if on any non-final Review Date both indices are at or above their Initial Values, returning $1,000 plus the applicable contingent interest and ending further payments.

If not called, and a Trigger Event has not occurred or the Final Value of each index is at or above its Initial Value, investors receive principal plus the final contingent interest. If a Trigger Event occurs (either index falls below 60% of its Initial Value during the monitoring period) and at maturity the lesser performing index finishes below its Initial Value, repayment of principal is reduced 1% for each 1% decline in that index, potentially down to zero. The price to public is $1,000 per note, including $6.50 in fees and commissions, with issuer proceeds of $993.50 per note and an estimated value of $985.60. The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. and will not be listed; secondary liquidity and pricing may be limited.

JPMorgan Chase Financial Company LLC is offering $1,783,000 of Uncapped Accelerated Barrier Notes linked to the S&P 500^® Futures Excess Return Index, due August 12, 2032, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest and are unsecured, unsubordinated obligations subject to the credit risk of both entities. Each note has a $1,000 principal amount, an Upside Leverage Factor of 2.61 on any positive index return at maturity, and a Barrier Amount at 70.00% of the Initial Value. If the final index level is at or above the barrier, investors receive at least par; if it is below, principal is reduced one-for-one with the index decline, potentially to zero. The price to the public is $1,000 per note, including $7.50 in selling commissions, with issuer proceeds of $992.50 per note; the estimated value at pricing was $976.60 per $1,000 note. The notes will not be listed, may have limited or no liquidity, and are offered under the Commodity Exchange Act hybrid instrument exemption.