Free Writing Prospectus - Filing Under Securities Act Rules 163/433 (fwp)
27 June 2022 - 08:02PM
Edgar (US Regulatory)

The following is a summary of the terms of the notes offered by the
preliminary pricing supplement hyperlinked below. Summary of Terms
Issuer: JPMorgan Chase Financial Company LLC Guarantor: JPMorgan
Chase & Co. Minimum Denomination: $1,000 Indices: S&P 500 ®
Index , Dow Jones Industrial Average Œ and NASDAQ - 100 Index ®
Upside Leverage Factor : 2.00 Barrier Amount: With respect to each
Index, 60.00 % of its Initial Value Pricing Date: July 1, 2022
Review Date: July 10, 2023 Observation Date: July 1, 2027 Maturity
Date: July 7, 2027 CUSIP: 48133GS53 Preliminary Pricing Supplement:
http://
sp.jpmorgan.com/document/cusip/48133GS53/doctype/Product_Termsheet/document.pdf
Estimated Value: The estimated value of the notes, when the terms
of the notes are set, will not be less than $ 940.00 per $ 1,000
principal amount note. For information about the estimated value of
the notes, which likely will be lower than the price you paid for
the notes, please see the hyperlink above. You may lose some or all
of your principal at maturity. Any payment on the notes is subject
to the credit risk of JPMorgan Ch ase Financial Company LLC, as
issuer of the notes, and the credit risk of JPMorgan Chase &
Co., as guarantor of the notes. Automatic Call If the closing level
of each Index on the Review Date is greater than or equal to its
Call Value, the notes will be automatically called for a cash
payment, for each $1,000 principal amount note, equal to (a) $1,000
plus (b) the Call Premium Amount, payable on the Call Settlement
Date. No further payments will be made on the notes . If the notes
are automatically called, you will not benefit from the Upside
Leverage Factor that applies to the payment at maturity if the
Final Value of each Index is greater than its Initial Value.
Because the Upside Leverage Factor does not apply to the payment
upon an automatic call, the payment upon an automatic call may be
significantly less than the payment at maturity for the same level
of appreciation in the Least Performing Index . Payment At Maturity
If the notes have not been automatically called and the Final Value
of each Index is greater than its Initial Value, your pay men t at
maturity per $1,000 principal amount note will be calculated as
follows: $1,000 + ($1,000 î Least Performing Index Return î Upside
Leverage Factor) If the notes have not been automatically called
and the Final Value of any Index is equal to or less than its
Initial Value but the Final Value of each Index is greater than or
equal to its Barrier Amount, you will receive the principal amount
of your notes at maturity. If the notes have not been automatically
called and the Final Value of any Index is less than its Barrier
Amount, your payment at maturity per $1,000 principal amount note
will be calculated as follows: $1,000 + ($1,000 î Least Performing
Index Return) If the notes have not been automatically called and
the Final Value of any Index is less than its Barrier Amount, you
will lo se more than 40.00% of your principal amount at maturity
and could lose all of your principal amount at maturity. J.P.
Morgan Structured Investments | 1 800 576 3529 |
jpm_structured_investments@jpmorgan.com 3 yr SPX/INDU/NDX Auto
Callable Accelerated Barrier Notes North America Structured
Investments Call Value Call Premium* 100.00% of the Initial Value
At least 19.00% Hypothetical Examples of Amounts Upon Automatic
Call or at Maturity** Least Performing Index Return at Review Date/
Observation Date Total Return at Review Date* Total Return at
Maturity if not Automatically Called 65.00% 19.00% 130.00% 50.00%
19.00% 100.00% 40.00% 19.00% 80.00% 20.00% 19.00% 40.00% 10.00%
19.00% 20.00% 5.00 % 19.00% 10.00 % 0.00% 19.00% 0.00% - 5.00% N/A
0.00% - 10.00% N/A 0.00% - 20.00% N/A 0.00% - 30.00 % N/A 0.00% -
40.00% N/A - 40.00% - 40.01% N/A - 40.01% - 60.00% N/A - 60.00% -
80.00% N/A - 80.00% - 100.00% N/A - 100.00% N/A – indicates that
the notes would not be called and no payment would be made. *
Reflects a call premium of 19.00% per annum. The call premium will
be determined on the Pricing Date and will not be less than 19.00%
per annum. **The hypothetical returns on the notes shown above
apply only if you hold the notes for their entire term or until
automatically called. These hypotheticals do not reflect fees or
expenses that would be associated with any sale in the secondary
market. If these fees and expenses were included, the hypothetical
returns would likely be lower.

J.P. Morgan Structured Investments | 1 800 576 3529 |
jpm_structured_investments@jpmorgan.com Selected Risks • Your
investment in the notes may result in a loss. The notes do not
guarantee any return of principal. • Any payment on the notes is
subject to the credit risks of JPMorgan Chase Financial Company LLC
and JPMorgan Chase & Co. Therefore the value of the notes prior
to maturity will be subject to changes in the market’s view of the
creditworthiness of JPMorgan Chase Financial Company LLC or
JPMorgan Chase & Co . • If the notes are automatically called,
the appreciation potential of the notes is limited to the Call
Premium Amount paid on the notes . • You are exposed to the risk of
decline in the level of each Index. • Your payment at maturity will
be determined by the Least Performing Index . • The benefit
provided by the Barrier Amount may terminate on the Observation
Date . • The automatic call feature may force a potential early
exit . • No interest payments, dividend payments or voting rights.
• JPMorgan Chase & Co. is currently one of the companies that
make up the S&P 500 ® Index and the Dow Jones Industrial
Average Œ . • The notes are subject to the risks associated with
non - U.S. securities . • As a finance subsidiary, JPMorgan Chase
Financial Company LLC has no independent operations and has limited
assets. Selected Risks (continued) • The estimated value of the
notes will be lower than the original issue price (price to public)
of the notes. • The estimated value of the notes is determined by
reference to an internal funding rate. • The estimated value of the
notes does not represent future values and may differ from others’
estimates. • The value of the notes, which may be reflected in
customer account statements, may be higher than the then current
estimated value of the notes for a limited time period. • Lack of
liquidity: J.P. Morgan Securities LLC (who we refer to as JPMS )
intends to offer to purchase the notes in the secondary market but
is not required to do so. The price, if any, at which JPMS will be
willing to purchase notes from you in the secondary market, if at
all, may result in a significant loss of your principal. •
Potential conflicts: We and our affiliates play a variety of roles
in connection with the issuance of notes, including acting as
calculation agent and hedging our obligations under the notes, and
making the assumptions used to determine the pricing of the notes
and the estimated value of the notes when the terms of the notes
are set. It is possible that such hedging or other trading
activities of J.P. Morgan or its affiliates could result in
substantial returns for J.P. Morgan and its affiliates while the
value of the notes decline. • The tax consequences of the notes may
be uncertain. You should consult your tax adviser regarding the
U.S. federal income tax consequences of an investment in the notes
. Additional Information SEC Legend: JPMorgan Chase Financial
Company LLC and JPMorgan Chase & Co. have filed a registration
statement (including a pr osp ectus) with the SEC for any offerings
to which these materials relate. Before you invest, you should read
the prospectus in that registration statement and the other
documents relating to this offering that JPM organ Chase Financial
Company LLC and JPMorgan Chase & Co. has filed with the SEC for
more complete information about JPMorgan Chase Financial Company
LLC and JPMorgan Chase & Co. and this offering. You may get the
se documents without cost by visiting EDGAR on the SEC web site at
www.sec.gov. Alternatively, JPMorgan Chase Financial Company LLC
and JPMorgan Chase & Co., any agent or any dealer participating
in the this offering will arrange to send you the pr ospectus and
each prospectus supplement, as well as any product supplement,
underlying supplement and preliminary pricing supplement if you so
request by calling toll - free 1 - 866 - 535 - 9248. IRS Circular
230 Disclosure: JPMorgan Chase & Co. and its affiliates do not
provide tax advice. Accordingly, any discussion o f U .S. tax
matters contained herein (including any attachments) is not
intended or written to be used, and cannot be used, in connection
with the promotion, marketing or recommendation by anyone
unaffiliated with JPMorgan Cha se & Co. of any of the matters
addressed herein or for the purpose of avoiding U.S. tax - related
penalties. Investment suitability must be determined individually
for each investor, and the financial instruments described herein
may not be suitable for all investors. This information is not
intended to provide and should not be relied upon as providing
accounting, legal, regulatory or tax advice. Investors should
consult with their own advisers as to these matters. This material
is not a product of J.P. Morgan Research Departments. Free Writing
Prospectus Filed Pursuant to Rule 433, Registration Statement Nos.
333 - 236659 and 333 - 236659 - 01 North America Structured
Investments 3 yr SPX/INDU/NDX Auto Callable Accelerated Barrier
Notes The risks identified above are not exhaustive. Please see
“Risk Factors” in the prospectus supplement and the applicable
product supplement and underlying supplement and “Selected Risk
Considerations” in the applicable preliminary pricing supplement
for additional information.
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