Alerian MLP Index ETN SEC Filings

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering callable contingent interest notes linked to the least performing of the S&P 500 Index, EURO STOXX 50 Index and iShares Semiconductor ETF, maturing on November 24, 2028. The notes pay a monthly contingent coupon at a rate of at least 11.30% per annum only if on each Review Date all three underlyings are at or above 55% of their Strike Values; otherwise no interest is paid for that period.

The issuer may redeem the notes early on specified Interest Payment Dates starting May 26, 2026, at $1,000 per note plus any due contingent interest. At maturity, if not called and any underlying finishes below 50% of its Strike Value, principal is reduced in line with the worst performer and investors can lose more than half, up to all, of their investment. These unsecured notes carry the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The preliminary estimated value is about $976.30 per $1,000 note and will not be less than $940.00 when finalized.

JPMorgan Chase Financial Company LLC is offering 1-year Capped GEARS linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each Security has a $10 issue price and gives 3.00x leveraged upside exposure to positive S&P 500 returns, but gains are capped by a Maximum Gain that will be set on the trade date between 11.10% and 13.10%.

If the index return is positive, the payoff equals $10 plus 3x the index gain, limited by the Maximum Gain; if the return is zero, holders receive $10; if the index declines, investors lose principal in proportion to the index loss, up to a total loss. UBS earns up to $0.20 per $10 Security, and the indicative estimated value is about $9.706, not less than $9.40, reflecting embedded costs and hedging. The notes are unsecured, not FDIC-insured, will not be listed on an exchange and involve significant market, credit, liquidity and tax risks.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the Russell 2000, S&P 500 and EURO STOXX 50 indices, maturing on December 6, 2029. The notes can pay a quarterly contingent coupon of at least 8.25% per annum (at least 2.0625% per quarter) if, on a Review Date, each index is at or above 70% of its initial level. Starting with the December 2, 2026 Review Date, the notes are automatically called if each index is at or above its initial level, returning principal plus that period’s coupon.

If the notes are not called and, at maturity, the worst-performing index is at or above 70% of its initial level, investors receive full principal plus the final coupon. If the worst-performing index finishes below 70% of its initial level, repayment of principal is reduced one-for-one with the index loss, which can result in losing a substantial portion or all of the investment. The notes are unsecured obligations subject to the credit risk of JPMorgan Chase Financial and JPMorgan Chase & Co., are not FDIC insured, and may have limited or no secondary market liquidity. The issuer’s estimated value per $1,000 note would be about $940.00 if priced on the date shown, and will not be less than $920.00 when finalized.

JPMorgan Chase Financial Company LLC is offering market-linked notes that pay no interest and return a variable amount at maturity based on the lowest performing of the S&P 500, Dow Jones Industrial Average, Nasdaq-100 and EURO STOXX 50 indices. Each security has a $1,000 principal amount and is fully and unconditionally guaranteed by JPMorgan Chase & Co.

At maturity in December 2026, investors participate 100% in any gain of the lowest index, but returns are capped at a maximum upside of at least 12.55%, or at least $1,125.50 per security. If that index falls up to the 15% buffer, investors receive a positive "absolute" return up to 15%. If it falls by more than 15%, principal is reduced 1-for-1 beyond the buffer and investors may lose up to 85% of principal. The indicative estimated value is about $961.50 per $1,000 security, and at pricing it will not be less than $930.00.

JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the common stock of QUALCOMM Incorporated, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about November 21, 2025 and mature on November 26, 2027, in $1,000 minimum denominations.

Holders may receive a quarterly contingent interest payment of at least $27.50 per $1,000 note (a rate of at least 11.00% per annum) for any Review Date on which Qualcomm’s closing share price is at or above 60.00% of the initial price, with unpaid interest amounts potentially paid later if the barrier is met. The notes are automatically called, ending further payments, if on any non‑first, non‑final Review Date the stock closes at or above its initial value.

If the notes are not called and Qualcomm’s final share price is at or above the 60.00% trigger, investors receive full principal plus the applicable contingent interest. If the final price is below the trigger, principal is reduced one‑for‑one with the stock’s loss, and more than 40.00% (up to all) of principal can be lost. The estimated value is approximately $960.00 per $1,000 note and will not be less than $940.00, reflecting embedded selling, structuring and hedging costs.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, maturing on December 6, 2030, in minimum denominations of $1,000.

Holders may receive a monthly Contingent Interest Payment of at least $5.00 per $1,000 (a rate of at least 6.00% per annum) for any Interest Review Date when the Index closes at or above 80.00% of its Initial Value. The notes are automatically called on specified quarterly dates if the Index closes at or above its Initial Value, returning $1,000 plus the applicable contingent interest, with no further payments.

If the notes are never called, investors receive $1,000 per note at maturity plus any final contingent interest, but may receive no interest over the life of the notes. The MerQube US Tech+ Vol Advantage Index embeds a 6.0% per annum daily deduction and a daily notional financing cost on its QQQ Fund exposure, which reduce index performance. The notes carry the unsecured credit risk of JPMorgan Financial and JPMorgan Chase & Co. The preliminary estimated value is approximately $953.40 per $1,000 note and will not be less than $920.00 when set.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering unsecured Buffered Digital Notes linked to the lesser performer of the S&P 500® Index and the Russell 2000® Index, maturing on November 26, 2027. The notes target a fixed Contingent Digital Return of at least 27.00% at maturity if the final level of each index is at or above its initial level. A 10.00% buffer protects principal against moderate declines; if either index falls more than 10.00%, investors lose 1% of principal for each additional 1% drop in the lesser-performing index, up to a 90.00% loss. The notes pay no interest, do not provide dividends, and are not bank deposits or FDIC insured. They will not be listed on an exchange, so liquidity will depend on JPMorgan Securities’ willingness to make a market, and secondary prices are expected to be below the $1,000 price to public. The preliminary estimated value is approximately $976.80 per $1,000 note and will not be less than $900.00 when finalized.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, with a contingent interest rate of 7.00% per annum (0.58333% per month) on $1,000 denominations. Interest is paid only if the Index closes on a Review Date at or above an Interest Barrier set at most at 42.00% of the Initial Value, and unpaid coupons can be paid later if the barrier is met.

The notes may be automatically called starting November 25, 2026 if the Index is at or above the Initial Value, returning $1,000 plus due contingent interest and unpaid coupons. If held to maturity on November 29, 2030 and the Final Value is below the 85.00% Buffer Threshold, principal is reduced 1% for each 1% Index loss beyond the 15.00% buffer, up to an 85.00% loss. The Index includes a 6.0% per annum daily deduction and a notional financing cost, which drag on performance. If priced today, the estimated value would be approximately $914.40 per $1,000 note, and at pricing will not be less than $900.00.

JPMorgan Chase Financial Company LLC is offering unsecured Digital Barrier Notes linked to the lesser performer of the Russell 2000® Index and the EURO STOXX 50® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. Each note has a $1,000 principal amount and matures on December 2, 2030.

If on the November 26, 2030 observation date the final level of each index is at least 70% of its initial level (the Digital Barrier), investors receive $1,000 plus a fixed contingent digital return of at least 47%, or $1,470 per $1,000 in the 47.00% example. If either index is below 70% but both are at least 65% of initial (the Barrier Amount), investors receive only principal back. If either index finishes below 65%, the payout is $1,000 plus the lesser performing index return, so losses increase 1% for every 1% decline and can reach a total loss of principal.

The notes pay no interest, do not provide dividends on index constituents, and expose holders to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. They are not bank deposits, are not FDIC insured, and are not exchange-listed, so liquidity may be limited. The indicative estimated value is approximately $974.30 per $1,000 note and will not be less than $940.00 per $1,000 at pricing, reflecting selling commissions, structuring and hedging costs.