Alerian MLP Index ETN SEC Filings

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Capped Dual Directional Accelerated Barrier Notes linked to the worst performer of the Nasdaq‑100 Index, the Energy Select Sector SPDR Fund and the VanEck Semiconductor ETF, maturing on May 25, 2028.

The notes provide at least 2.40x leveraged upside on the worst underlying if all finish above their initial values, capped at a 60.00% Maximum Upside Return, or $1,600 per $1,000 note. If the worst underlying is down but all remain at or above 60.00% of initial (the Barrier Amount), investors receive the absolute value of that decline, up to a 40.00% maximum positive return, or $1,400 per $1,000 note.

If any underlying closes below its Barrier Amount on the observation date, repayment drops 1% for each 1% decline of the worst underlying, and investors can lose all principal. The notes pay no interest or dividends, are unsecured, and their value is subject to issuer and guarantor credit risk. The indicative estimated value is about $965.90 per $1,000 note and will not be less than $900.00, reflecting embedded fees and hedging costs.

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 Dow Jones Industrial Average and the S&P 500 Index, maturing on November 30, 2028. The notes target an uncapped payoff of at least 1.1875 times any gain of the weaker index, with a 25% downside buffer and a downside leverage factor of 1.33333 beyond that buffer.

The notes are unsecured, pay no interest, and do not provide dividends or voting rights on index constituents. At maturity, investors receive $1,000 plus leveraged gains if both indices rise; par is returned if each index is flat or down by up to 25%. If either index falls by more than 25%, principal is reduced by 1.33333% for each additional 1% decline, which can result in the loss of the entire investment. The minimum denomination is $1,000, the estimated value would be about $988.20 per $1,000 note if priced today and will not be less than $960.00, and the notes will not be listed on an exchange.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Trigger In-Digital Notes linked to Brent crude oil futures, maturing on or about February 26, 2027. Each Note has a $10 principal amount, with a minimum investment of $1,000, and pays no interest.

If the Final Value of the Brent futures contract is at or above the Digital Barrier, set at 75% of the Initial Value, holders receive $10 plus a Digital Return expected between 12.00% and 13.05% per Note, regardless of how much the Underlying has risen. If the Final Value is below the Downside Threshold, also 75% of the Initial Value, repayment is $10 plus the actual Underlying Return, exposing investors one-for-one to losses down to a minimum payment of $0.

The issue price is $10 per Note, including up to $0.20 in selling commissions to UBS and leaving $9.80 in proceeds to the issuer. Based on current assumptions, the estimated economic value is about $9.61 per $10 Note and will not be less than $9.40 at pricing, reflecting structuring and hedging costs. The Notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. and are not bank deposits or FDIC insured.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering structured Buffered Digital Notes linked individually to the S&P 500 Index and the Nasdaq‑100 Index, maturing on January 8, 2027. Each $1,000 note is designed to pay a fixed return of at least 8.70% at maturity if the final level of each index is at or above 85% of its initial level. A 20% downside buffer applies: if either index falls by more than 20%, principal is reduced 1% for each additional 1% decline in the lesser‑performing index, up to an 80% loss.

The notes pay no interest, provide no dividends, will not be listed, and are unsecured, unsubordinated obligations of JPMorgan Chase Financial. The preliminary estimated value is $990.70 per $1,000 note, and the final estimated value will not be less than $960.00, reflecting structuring and hedging costs that make the initial issue price higher than internal model value.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering market-linked securities due November 30, 2028 linked to the Nasdaq-100, Russell 2000 and EURO STOXX 50 indices. Each $1,000 security pays a contingent quarterly coupon at a rate of at least 11.15% per annum, but only if the worst-performing index on the observation date is at or above 75% of its starting level. If on any quarterly date from May 2026 to August 2028 the worst index is at or above its starting level, the notes are automatically called and repay principal plus that period’s coupon.

If the notes are not called, at maturity investors receive $1,000 back only if the worst index is at or above its 75% threshold; otherwise principal is reduced in line with the index loss, which can mean losing most or all of the investment. The price to public is $1,000 per security, with selling fees of $23.25 and issuer proceeds of $976.75. The estimated value is about $951 per security (not less than $920 when set), reflecting embedded structuring and hedging costs. The notes are complex, not FDIC insured, and are expected to be treated as prepaid forward contracts with contingent coupons for U.S. tax purposes.

JPMorgan Chase Financial Company LLC is offering $5,554,000 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 monthly coupon at a rate of 10.75% per annum (0.89583% per month) only if, on a Review Date, the closing level of each index is at or above 70% of its Initial Value. The notes may be automatically called, for $1,000 plus the applicable coupon, if on certain Review Dates each index closes at or above its Initial Value; the earliest call date is May 18, 2026.

If the notes are not called and, on the final Review Date, the Least Performing Index is below its Trigger Value (70% of its Initial Value), investors lose 1% of principal for every 1% decline in that index, which can mean a loss of most or all invested principal. The notes are unsecured, unsubordinated obligations of JPMorgan Financial, subject to the credit risk of both the issuer and JPMorgan Chase & Co., are not bank deposits and are not FDIC-insured. The estimated value at pricing was $977.00 per $1,000 note, below the $1,000 issue price due to selling, structuring and hedging costs.

JPMorgan Chase Financial Company LLC is offering $1,504,000 of Uncapped Digital Barrier Notes linked to the least performing of the Nasdaq‑100, Russell 2000 and S&P 500 indices, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes provide uncapped, unleveraged exposure to index gains at maturity, with a contingent minimum return of 43.25% if each index finishes at or above its initial level.

Each index has a barrier set at 70% of its initial value. If any index closes below its barrier on the observation date, investors lose 1% of principal for each 1% decline of the least performing index and can lose their entire investment. The notes pay no interest or dividends and are unsecured, unsubordinated obligations subject to the credit risk of both the issuer and guarantor.

The price to public is $1,000 per note, including fees and commissions, while the estimated value at pricing is $979.30 per $1,000, reflecting selling, structuring and hedging costs. The notes are not listed, and secondary market prices are expected to be below the original issue price.

JPMorgan Chase Financial Company LLC is offering capped buffered enhanced participation equity notes due March 11, 2027, linked to the S&P 500® Index and fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes pay no interest and repayment of principal depends entirely on index performance. If the index falls by more than 10.00%, losses are magnified so that each additional 1% decline beyond the buffer reduces principal by approximately 1.1111%, and investors could lose their entire investment. If the index rises, investors receive 1.50x the index gain, but returns are capped at a maximum settlement amount expected to be between $1,134.10 and $1,157.35 per $1,000. The estimated value at pricing is expected to be between $974.00 and $984.00 per $1,000, reflecting selling commissions, hedging costs and issuer profit. The notes will not be listed, may have limited liquidity and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC is offering capped dual directional buffered equity notes linked to the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., and scheduled to mature on December 1, 2027.

The notes provide unleveraged exposure to S&P 500 gains, with a Maximum Upside Return of at least 21.80%, so positive index performance above that level does not increase the payoff. If the index is flat or down by up to the 15.00% Buffer Amount, investors receive a positive return equal to 50.00% of the absolute decline, capped at a 7.50% maximum return when the index is negative.

If the S&P 500 falls by more than 15.00%, investors lose 1% of principal for each 1% drop beyond the buffer and can lose up to 85.00% of principal at maturity. The minimum denomination is $1,000, the notes pay no interest or dividends, are unsecured and unsubordinated, and are not FDIC insured. If priced today, the estimated value would be about $982.20 per $1,000 note, and the final estimated value will not be less than $950.00 per $1,000 note. The notes are not expected to be listed, and secondary market prices are expected to be below the original issue price.