Issuer:JPMorgan Chase Financial Company LLC, a direct,
wholly owned finance subsidiary of JPMorgan Chase & Co.
Guarantor: JPMorgan Chase & Co.
Index: The MerQube US Tech+ Vol Advantage Index
(Bloomberg ticker: MQUSTVA). The levelof the Indexreflects
a deduction of 6.0% per annum that accrues daily, and the
performance of the QQQ Fund issubject to a notional financing
cost that accrues daily.
Contingent Interest Payments:If the notes have not been
automatically called and theclosing level of the Index on any
Review Date is greater than or equal to the Interest Barrier, you
will receiveon the applicableInterest Payment Date for each
$1,000 principal amount notea Contingent Interest Payment
equal to $6.6667 (equivalent to a Contingent Interest Rate of
8.00% per annum, payable at a rate of 0.66667%per month),
plus any previouslyunpaid Contingent Interest Payments for
any prior Review Dates.
If the Contingent Interest Payment isnot paid on any Interest
Payment Date, that unpaid Contingent Interest Payment willbe
paid ona later Interest Payment Date if the closing levelof the
Index on the Review Date related to that later Interest Payment
Date is greater thanor equal to the Interest Barrier. You will not
receive any unpaid Contingent Interest Payments if the closing
level of the Index on each subsequent Review Date isless than
the Interest Barrier.
Contingent Interest Rate:8.00% per annum, payable at a rate
of 0.66667% per month
Interest Barrier:80.00% of the Initial Value, whichis9,151.584
Buffer Threshold:70.00% of the Initial Value, which is
8,007.636
Buffer Amount:30.00%
Pricing Date: October 28, 2024
Original Issue Date (Settlement Date): On or about October
31, 2024
Review Dates*:November 29, 2024, December 30, 2024,
January28, 2025, February 28, 2025, March 28, 2025, April 28,
2025, May 28, 2025, June 30, 2025, July28, 2025, August 28,
2025, September 29, 2025, October 28, 2025, November 28,
2025, December 29, 2025, January 28, 2026, March 2, 2026,
March 30, 2026, April 28, 2026, May 28, 2026, June 29, 2026,
July 28, 2026, August 28, 2026, September 28, 2026, October
28, 2026, November 30, 2026, December 28, 2026, January28,
2027, March 1, 2027, March 29, 2027, April 28, 2027, May 28,
2027, June 28, 2027, July 28, 2027, August 30, 2027,
September 28, 2027, October 28, 2027, November 29, 2027,
December 28, 2027, January28, 2028, February 28, 2028,
March 28, 2028, April 28, 2028, May 30, 2028, June 28, 2028,
July 28, 2028, August 28, 2028, September 28, 2028, October
30, 2028, November 28, 2028, December 28, 2028, January29,
2029, February 28, 2029, March 28, 2029, April30, 2029, May
29, 2029, June 28, 2029, July30, 2029, August 28, 2029,
September 28, 2029and October 29, 2029 (final Review Date)
Interest Payment Dates*:December 4, 2024, January 3, 2025,
January31, 2025, March 5, 2025, April 2, 2025, May 1, 2025,
June 2, 2025, July3, 2025, July 31, 2025, September 3, 2025,
October 2, 2025, October 31, 2025, December 3, 2025, January
2, 2026, February 2, 2026, March 5, 2026, April 2, 2026, May 1,
2026, June 2, 2026, July 2, 2026, July 31, 2026, September 2,
2026, October 1, 2026, November 2, 2026, December 3, 2026,
December 31, 2026, February2, 2027, March 4, 2027, April1,
2027, May 3, 2027, June 3, 2027, July 1, 2027, August 2, 2027,
September 2, 2027, October 1, 2027, November 2, 2027,
December 2, 2027, December 31, 2027, February 2, 2028,
March 2, 2028, March 31, 2028, May 3, 2028, June 2, 2028,
July 3, 2028, August 2, 2028,August 31, 2028, October 3,
2028, November2, 2028, December 1, 2028, January 3, 2029,
February 1, 2029, March 5, 2029, April 3, 2029, May 3, 2029,
June 1, 2029, July3, 2029, August 2, 2029, August 31, 2029,
October 3, 2029 and the Maturity Date
Maturity Date*:November 1,2029
Call Settlement Date*: If the notes are automatically called on
any Review Date (other than the first through eleventhand final
Review Dates), the first Interest Payment Date immediately
following that Review Date
Automatic Call:
If the closing level of the Index on anyReview Date (other than
the first through eleventh and final Review Dates)isgreater
than or equal to the Initial Value, the notes will be automatically
called for acash payment, for each $1,000principal amount
note, equal to (a) $1,000 plus (b) the Contingent Interest
Payment applicable to that Review Date plus (c) anypreviously
unpaid Contingent Interest Paymentsfor anyprior Review
Dates, payable on the applicable Call Settlement Date.No
further payments willbemadeon the notes.
Payment at Maturity:
If the notes have not been automatically called and the Final
Value isgreater than or equal to the Buffer Threshold, you will
receive a cash payment at maturity, for each $1,000 principal
amount note, equal to (a) $1,000 plus (b) the Contingent
Interest Payment, if any,applicable to the final Review Date
plus(c) if the Contingent Interest Payment applicable to thefinal
Review Date is payable,any previously unpaid Contingent
Interest Payments for any prior Review Dates.
If the notes have not been automatically called and the Final
Value isless than the Buffer Threshold, your payment at
maturityper $1,000 principal amount note will be calculated as
follows:
$1,000 + [$1,000 ×(Index Return + Buffer Amount)]
If the notes have not been automatically called and the Final
Value isless than the Buffer Threshold, you will lose some or
most of your principal amount at maturity.
Index Return:(Final Value -Initial Value)
Initial Value
Initial Value:The closing level of theIndexon thePricing Date,
which was 11,439.48
Final Value: Theclosing level of the Index on the final Review
Date
* Subject to postponement in the event of a market disruption
event and as described under "Supplemental Terms of the
Notes - Postponement of a Determination Date - Notes
Linked Solely to anIndex" in the accompanyingunderlying
supplement and "General Terms of Notes - Postponementof a
Payment Date" in the accompanying product supplement