Issuer:JPMorgan Chase Financial Company LLC, adirect,
wholly owned finance subsidiary of JPMorgan Chase & Co.
Guarantor: JPMorgan Chase& Co.
Indices: The S&P 500®Index (Bloomberg ticker: SPX), the
Russell 2000® Index (Bloomberg ticker: RTY) and the Nasdaq-
100 Index® (Bloomberg ticker: NDX)
Contingent InterestPayments:If the notes have not been
previously redeemed earlyand theclosing level of each Index
on any Review Date is greater than or equalto its Interest
Barrier, you willreceive on the applicable Interest Payment
Date for each $1,000 principalamount notea Contingent
Interest Payment equal to $5.4167 (equivalent to a Contingent
Interest Rate of 6.50% per annum, payable at a rate of
0.54167%per month), plus any previously unpaid Contingent
Interest Payments for any prior Review Dates.
If the Contingent Interest Payment isnot paid onany Interest
Payment Date, that unpaid Contingent Interest Payment will be
paid on a later Interest Payment Date if the closing levelof each
Index on the Review Date related to that later Interest Payment
Date is greater than or equal to its Interest Barrier. You will not
receiveany unpaid Contingent Interest Payments if the closing
level ofany Index on each subsequent Review Date isless than
itsInterest Barrier.
Contingent InterestRate:6.50% per annum, payable at a rate
of 0.54167% per month
Interest Barrier:With respect to each Index, 60.00% of its
Initial Value, which is 3,499.752 for the S&P 500®Index,
1,342.8534 for the Russell 2000®Indexand 12,330.39for the
Nasdaq-100 Index®
Trigger Value: With respect to each Index, 50.00% of its Initial
Value, which is 2,916.46 for the S&P 500® Index, 1,119.0445
for the Russell 2000® Index and 10,275.325 for the Nasdaq-100
Index®
Pricing Date:October 29, 2024
Original Issue Date (Settlement Date): On or about November
1, 2024
Review Dates*: November 29, 2024, December 30, 2024,
January29, 2025, February 28, 2025, March 31, 2025, April 29,
2025, May 29, 2025, June 30, 2025, July 29, 2025, August 29,
2025, September 29, 2025, October 29, 2025, December 1,
2025, December 29, 2025, January 29, 2026, March 2, 2026,
March 30, 2026, April29, 2026, May 29, 2026, June 29, 2026,
July 29, 2026, August 31, 2026, September 29, 2026, October
29, 2026, November 30, 2026, December 29, 2026, January 29,
2027, March 1, 2027, March 29, 2027, April 29, 2027, June 1,
2027, June 29, 2027 andJuly29, 2027 (final Review Date)
Interest Payment Dates*: December 4, 2024, January3, 2025,
February 3, 2025, March 5, 2025, April 3, 2025, May 2, 2025,
June 3, 2025, July3, 2025, August 1, 2025, September 4, 2025,
October 2, 2025, November 3, 2025, December 4, 2025,
January2, 2026, February 3, 2026, March5, 2026, April2,
2026, May 4, 2026, June 3, 2026, July 2, 2026, August 3, 2026,
September 3, 2026, October 2, 2026, November 3, 2026,
December 3, 2026, January 4, 2027,February 3, 2027, March
4, 2027, April 1, 2027, May 4, 2027, June 4, 2027, July 2, 2027
and the Maturity Date
Maturity Date*: August 3, 2027
* Subject to postponement in the event of amarket disruption event
and as describedunder "General Terms of Notes-Postponement
of a DeterminationDate - NotesLinkedtoMultipleUnderlyings"
and "General Terms of Notes - Postponement of a PaymentDate"
in the accompanying product supplement
Early Redemption:
We, at our election, may redeem the notesearly, in whole but
not in part, on any of the Interest Payment Dates (other than the
first through fifth andfinal Interest Payment Dates) at a price,
for each $1,000 principal amount note, equal to(a) $1,000plus
(b) the Contingent Interest Payment, if any, applicable to the
immediately preceding Review Dateplus(c) if the Contingent
Interest Payment applicable tothe immediately preceding
Review Date is payable, any previously unpaid Contingent
Interest Payments for any prior Review Dates. If we intend to
redeem your notes early, we will deliver notice to The
Depository Trust Company, or DTC, at leastthree business
days before the applicable Interest Payment Date on which the
notes are redeemed early.
Payment at Maturity:
If the notes have not beenredeemed earlyandthe Final Value
of each Index is greater than or equal to its Trigger Value, you
will receivea cash payment atmaturity, 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 Dateplus(c) if the Contingent Interest Payment
applicableto the final Review Date ispayable,any previously
unpaid Contingent Interest Paymentsfor anyprior Review
Dates.
If the notes have not beenredeemed earlyandthe Final Value
of any Index is less than its Trigger Value, your payment at
maturityper $1,000 principal amount note will be calculated as
follows:
$1,000 + ($1,000 × Least Performing Index Return)
If the notes have not beenredeemed earlyand the Final Value
of any Index is less than its Trigger Value, you will lose more
than 50.00% of your principalamount atmaturity andcould lose
all of your principal amount at maturity.
Least Performing Index: TheIndexwith the Least Performing
Index Return
Least Performing Index Return: The lowest of the Index
Returns of the Indices
Index Return:
With respect to each Index,
(Final Value -Initial Value)
Initial Value
Initial Value:With respect toeachIndex, the closing level of
that Index on the Pricing Date, which was 5,832.92 for the S&P
500® Index, 2,238.089for the Russell 2000® Indexand
20,550.65for the Nasdaq-100Index®
Final Value: With respect to each Index, the closing level of
that Index on thefinal Review Date