Alerian MLP Index ETN SEC Filings

JPMorgan Chase Financial Company LLC plans to issue Callable Contingent Interest Notes linked to the least performing of the Nasdaq‑100 Technology Sector Index, the Russell 2000 Index and the S&P 500 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes may pay monthly contingent interest only if each index closes at or above 70% of its Initial Value on a Review Date. They are callable at the issuer’s option on interest payment dates starting February 5, 2026 and mature on October 5, 2027. The indicated contingent interest rate will be set within 10.25%–12.25% per annum.

The notes are unsecured, not listed, and expose holders to loss of principal if, at maturity, the least performing index finishes below its 70% Trigger Value. The preliminary estimated value is about $970 per $1,000 note and will not be less than $900 per $1,000 when finalized. Selling commissions will not exceed $7.50 per $1,000. Investors forgo dividends and fixed interest and are subject to issuer and guarantor credit risk.

JPMorgan Chase Financial Company LLC filed a preliminary pricing supplement for Capped Buffered Equity Notes linked to the S&P 500 Index, maturing on October 26, 2027 and fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay no interest and return depends on the Index level on the October 22, 2027 determination date. Upside is capped, with a maximum settlement amount expected between $1,184.50 and $1,216.50 per $1,000, corresponding to a cap level expected between 118.45% and 121.65% of the initial level. A 20% buffer protects principal for moderate declines; beyond that, losses increase at a 1.25x rate. The notes are not listed and have no redemption feature.

The estimated value at pricing is expected between $970.30 and $980.30 per $1,000. The original issue price is 100% of principal, with an underwriting commission up to 1.73%. Any payments are subject to the credit risk of the issuer and guarantor. Settlement is on or about October 27, 2025, and JPMS is the calculation agent.

JPMorgan Chase Financial Company LLC filed a preliminary pricing supplement for Auto Callable Contingent Interest Notes linked to Salesforce, Inc. (CRM), fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes pay a Contingent Interest on each Review Date only if CRM’s closing price is at least 70.00% of the Initial Value (the Interest Barrier). They are auto‑callable if CRM is at least the Initial Value on any Review Date other than the first, second and final; the earliest potential call is January 22, 2026. If not called, and the Final Value is below the 60.00% Trigger Value, principal is reduced 1% for each 1% decline from the Initial Value, up to total loss. Upside is limited to any Contingent Interest paid.

The hypothetical Contingent Interest Rate is shown at 16.00% per annum (1.33333% monthly), with the actual rate to be at least 16.00% per annum. The estimated value would be about $979.10 per $1,000 if priced today and will not be less than $900.00 per $1,000 when set. Minimum denomination is $1,000; selling commissions will not exceed $6 per $1,000. The notes are expected to price on or about October 22, 2025 and settle on or about October 27, 2025. These are unsecured obligations subject to the issuer and guarantor’s credit risk.

JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., filed a preliminary pricing supplement for Auto Callable Contingent Interest Notes linked to Salesforce, Inc. (CRM), maturing on April 26, 2027. The notes pay a Contingent Interest Rate of at least 16.00% per annum (1.33333% monthly) on any Review Date when CRM’s closing price is at or above the Interest Barrier of 70.00% of the Initial Value.

The notes are auto‑callable beginning January 21, 2026 if CRM closes at or above the Initial Value, returning $1,000 per note plus the applicable monthly interest; no further payments occur after a call. If held to maturity and not called, principal repayment depends on CRM’s level: if the Final Value is at or above the Trigger Value of 60.00% of the Initial Value, investors receive $1,000 plus the final month’s interest (if earned). If below the Trigger, repayment is $1,000 plus $1,000 × Stock Return, risking losses greater than 40% up to full principal loss. Minimum denomination is $1,000. The estimated value would be about $984 per $1,000 today and will not be less than $970 at pricing. Sales are to fee‑based advisory accounts with no commissions; JPMS may pay a $4 structuring fee per $1,000 note.

JPMorgan Chase Financial Company LLC filed a preliminary 424(b)(2) pricing supplement for Capped Dual Directional Buffered Equity Notes linked to the lesser performing of the Russell 2000 and S&P 500, due April 26, 2027, fully and unconditionally guaranteed by JPMorgan Chase & Co.

The notes offer a Maximum Upside Return of at least 17.90% and a 15.00% buffer. If both indices finish above their initial levels, gains track the lesser performer up to the cap; if one or both finish at or within the 15% decline, returns reflect the absolute decline of the lesser performer, effectively capped at 15%. Below the buffer, principal is reduced 1-for-1 with the lesser performer’s further loss, with up to 85.00% principal loss at maturity. The notes pay no interest or dividends, are unsecured, and will not be listed. Minimum denomination is $1,000, and the price to public per note is $1,000. If priced today, the estimated value would be $970.20 per $1,000 note; when set, it will not be less than $900.00. Selling commissions will not exceed $22.25 per $1,000 note.

JPMorgan Chase Financial Company LLC filed a preliminary 424(b)(2) pricing supplement for Auto Callable Contingent Interest Notes linked to the MerQube US Tech+ Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes target a Contingent Interest Rate of at least 9.00% per annum (paid monthly if conditions are met), with interest payable when the Index closes at or above the 75.00% Interest Barrier on a Review Date; unpaid coupons can accrue and be paid later if the barrier is met.

The notes may be automatically called starting October 22, 2026 if the Index closes at or above the 94.50% Call Value on an eligible Review Date, returning $1,000 plus applicable contingent interest. If not called, maturity is October 25, 2030. Principal is protected only by a 15.00% Buffer Amount; if the Final Value is below the 85.00% Buffer Threshold, holders lose 1% of principal for each 1% decline beyond the buffer, up to 85% loss.

The Index includes a 6.0% per annum daily deduction and the QQQ-based Underlying Asset is subject to a daily notional financing cost, both of which drag performance. Minimum denomination is $1,000. Estimated value if priced today is approximately $912.70 per $1,000, and will not be less than $900.00 per $1,000 when set. The notes are unsecured obligations of JPMorgan Chase Financial, guaranteed by JPMorgan Chase & Co., and will not be listed.

JPMorgan Chase Financial Company LLC is offering preliminary Auto Callable Contingent Interest Notes linked to the lesser performing of the Nasdaq-100 Technology Sector Index and the VanEck Gold Miners ETF, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may pay contingent interest of at least 9.75% per annum (0.8125% monthly) when, on a Review Date, the closing value of each underlying is at or above 70% of its Initial Value. The earliest potential automatic call is April 24, 2026; maturity is October 27, 2028.

If called, investors receive $1,000 per note plus the applicable contingent interest for that Review Date. If not called, and on the final Review Date both underlyings are at or above 50% of their Initial Values, investors receive $1,000 per note plus any final contingent interest. If either underlying ends below 50%, repayment is reduced one‑for‑one with the downside of the lesser performer, which can result in losing a significant portion or all principal.

Minimum denominations are $1,000. If priced today, the estimated value would be approximately $948.40 per $1,000 note and will not be less than $900.00 when set. Selling commissions will not exceed $29.50 per $1,000 note. Payments are unsecured, unsubordinated obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co., and investors forgo dividends on the underlying assets.

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 target a Contingent Interest Rate of at least 10.50% per annum (paid monthly at least 0.875%) when the Index on a Review Date is at or above the 70.00% Interest Barrier; missed coupons are paid later if a subsequent Review Date meets the barrier. The notes may be automatically called if the Index is at or above the Initial Value on eligible Review Dates, with the earliest call window beginning October 22, 2026.

Principal is protected only to the 80.00% Buffer Threshold; if the Final Value is below that level at maturity, repayment is reduced dollar-for-dollar beyond the 20.00% Buffer, up to an 80.00% principal loss. Minimum denominations are $1,000. If priced today, the estimated value would be approximately $946.80 per $1,000 note and will not be less than $900.00 per $1,000 when set. The Index embeds a 6.0% per annum daily deduction and a notional financing cost, which reduce Index performance. Selling commissions will not exceed $6.50 per $1,000. The notes will not be listed and are subject to the credit risk of the issuer and guarantor.

JPMorgan Chase Financial Company LLC filed a preliminary 424(b)(2) pricing supplement for Review Notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes may be automatically called on scheduled Review Dates if the Index closes at or above 95% of the Initial Value, with call premiums starting at 19.00% of principal and rising by each Review Date, and mature on October 25, 2029.

The structure includes a 60.00% Barrier Amount at maturity: if the notes are not called and the Final Value is at or above the barrier, principal is returned; if below, repayment equals $1,000 plus $1,000 × Index Return, risking significant principal loss. The Index applies a 6.0% per annum daily deduction, which drags performance versus an identical index without a deduction. The earliest potential call date is October 27, 2026.

The notes pay no interest and forgo dividends. Minimum denomination is $1,000. Selling commissions will not exceed $40 per $1,000 note. If priced today, the estimated value would be about $906 per $1,000 note and will not be less than $900 per $1,000 when set. Payments are subject to the credit risks of the issuer and guarantor.