Alerian MLP Index ETN SEC Filings

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Trigger Callable Yield Notes linked to the lesser performing of the Nasdaq-100 Index and the EURO STOXX 50 Index. The Notes have a term of about 15 months, pay monthly coupons at an annual rate expected between 7.90% and 8.40%, and are issued in $10 denominations with a minimum investment of $1,000.

After an initial three-month non-call period, JPMorgan may redeem the Notes monthly at its election, returning principal plus the applicable coupon, with no further payments. If the Notes are not called and on the final valuation date each index is at or above 70% of its Initial Value, investors receive full principal plus the final coupon. If either index is below its downside threshold, repayment of principal is reduced in proportion to the decline of the worse-performing index, and investors can lose a significant portion or all of their investment.

The Notes are unsecured and unsubordinated obligations, are not bank deposits, are not FDIC insured, and depend on the credit of JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. An illustrative estimated value is about $9.796 per $10 Note, and the final estimated value will not be less than $9.40 per $10 Note.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable buffered return notes linked to the common stock of Target Corporation. The notes are issued at $1,000 per note, with total proceeds to the issuer of $492,500 after selling fees, and an estimated value at pricing of $971.80 per $1,000 note.

The notes may be automatically called on November 19, 2026 if Target’s share price is at or above the $89.15 strike, paying $1,000 plus a 35.70% call premium. If not called and Target finishes above the strike on the November 2027 valuation date, investors receive uncapped upside linked to the stock return. There is a 15.00% downside buffer, but beyond that losses are magnified by a 1.17647 downside factor, so investors can lose some or all principal. The notes pay no interest or dividends and are unsecured obligations subject to JPMorgan’s credit risk.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering callable contingent interest notes linked to the least performing of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, maturing on November 26, 2031.

The notes pay a quarterly contingent coupon at a rate of at least 9.25% per annum (at least 2.3125% per quarter) per $1,000 note, but only if on each Review Date the closing level of every index is at or above 75.00% of its Initial Value, which also serves as the Trigger Value. If any index is below this barrier on a Review Date, no interest is paid for that quarter.

The issuer may redeem the notes early, in whole but not in part, on specified Interest Payment Dates starting November 27, 2026, paying $1,000 plus any due interest. If the notes are not redeemed early and, on the final Review Date, any index is below its Trigger Value, investors receive $1,000 plus $1,000 times the return of the least performing index, which can result in losing more than 25% and up to all principal.

The preliminary estimated value is approximately $960.80 per $1,000 note, and when finalized will not be less than $940.00 per $1,000, reflecting structuring and hedging costs. The notes are unsecured, not FDIC insured, and are not listed on any exchange.

JPMorgan Chase Financial Company LLC is offering an estimated $17,461,000 of Auto Callable Buffered Return Enhanced Notes linked to the S&P 500® Index. The notes may be automatically called on November 20, 2026 if the Index is at or above the Initial Index Level of 6,728.80, paying $1,000 plus a 9.00% call premium per note on the call settlement date.

If not called and the Index rises at maturity, investors receive leveraged upside of 1.93 times the Index return, with no maximum gain. Principal is protected only down to a 10.00% decline; beyond that buffer, investors lose 1.11111% of principal for each additional 1% Index drop, up to a full loss. The notes pay no interest or dividends, are unsecured obligations of JPMorgan Chase Financial guaranteed by JPMorgan Chase & Co., and will not be listed on an exchange, so liquidity will depend on dealer interest.

JPMorgan Chase Financial Company LLC is offering auto callable buffered equity notes linked to the Class A common stock of Meta Platforms, Inc. The notes may be automatically called on November 27, 2026 if Meta’s share price is at or above the initial price, paying $1,000 plus a call premium of at least 20.05% per note on the call settlement date.

If not called and held to the November 18, 2027 maturity, investors receive the greater of the stock’s positive return or a Contingent Minimum Return of at least 40.10% per $1,000 note, as long as Meta’s final price is at or above the initial price. A 15.00% downside buffer applies; below that level, principal loss is leveraged at 1.17647% for each 1% drop beyond the buffer, up to a total loss of principal.

The notes pay no interest or dividends, are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, fully and unconditionally guaranteed by JPMorgan Chase & Co. If priced today, the estimated value would be about $972.60 per $1,000 note, and the final estimated value will not be less than $960.00.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable buffered equity notes linked to the S&P 500® Index. The notes may be automatically called on the November 27, 2026 review date if the index is at or above its initial level, paying back $1,000 per note plus a call premium of at least 8.70% on the call settlement date.

If not called, at maturity in November 2027 investors get uncapped upside exposure to any index gain, with a contingent minimum return of at least 17.40% per $1,000 note when the ending index level is at or above the initial level. The structure includes a 15.00% downside buffer; beyond that, losses are magnified by a 1.17647 downside leverage factor, so a large index decline can result in substantial or total loss of principal. The notes pay no interest or dividends, are unsecured obligations subject to JPMorgan credit risk, and will not be listed on an exchange. Estimated value is expected to be below the $1,000 price, and secondary market liquidity may be limited.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Trigger Autocallable GEARS linked to the KraneShares CSI China Internet ETF (KWEB). Each Security has a $10 issue price and a term of about three years, unless automatically called.

If on the November 20, 2026 Observation Date KWEB closes at or above 100% of the Initial Value, the notes are automatically called and pay a Call Price equal to principal plus a Call Return between 20.35% and 22.35%, after which no further payments are made and upside in KWEB is capped. If not called and the Underlying Return at maturity is positive, holders receive principal plus 2.0x the positive return.

If the notes are not called and the Final Value is at least 75% of the Initial Value, principal is repaid at maturity. If the Final Value is below 75% of the Initial Value, repayment is reduced one-for-one with KWEB’s loss, down to a total loss of principal. The notes pay no interest or dividends, carry full downside market risk to KWEB below the threshold, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. Estimated value is illustrated at $9.662 per $10 Security and will not be less than $9.30 when finalized.

J.P. Morgan provides an index update and risk overview for the MerQube US Tech+ Vol Advantage Index, which underlies certain structured notes. The index shows hypothetical backtested performance from January 7, 2005 to June 21, 2021 and actual performance from June 22, 2021 to October 31, 2025, but the materials stress that both historical and backtested results are not indicative of future returns.

The index was established on June 22, 2021 and includes a 6.0% per annum daily deduction and a notional financing cost, which reduce index levels over time. It can use significant leverage, may be substantially uninvested at times and may fail to meet its target volatility. On February 9, 2024, the Invesco QQQ Trust, Series 1 replaced E‑Mini Nasdaq‑100 futures as the underlying asset, and the issuer notes that this change could adversely affect index performance.

J.P. Morgan Securities LLC coordinated with MerQube in developing the index rules and licenses the index for use in linked notes, creating potential conflicts of interest. The materials emphasize that investments in notes tied to the index involve multiple risks, including exposure to non‑U.S. securities and fund tracking risks related to the QQQ Fund, and that neither the SEC nor state regulators have approved or disapproved the notes.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., plans to issue Uncapped Buffered Return Enhanced Notes linked to the lesser performing of CoStar Group and FactSet Research Systems common stock, maturing on November 16, 2027. The notes offer an uncapped upside at a leverage factor of at least 2.37x any positive return of the weaker stock, with a 10% downside buffer.

If either stock falls more than 10% from its strike level, investors lose 1% of principal for each additional 1% decline, up to a 90% loss of principal. The notes pay no interest, provide no dividends or shareholder rights, and are unsecured obligations subject to the credit risk of both the issuer and guarantor.

The preliminary materials show an estimated value of about $969.50 per $1,000 note if priced today, with a final estimated value not less than $940.00 per $1,000. CoStar’s strike value is $67.23 and FactSet’s is $265.09, based on closing prices on November 10, 2025.