Issuer:JPMorgan Chase Financial Company LLC, a direct,
wholly owned finance subsidiary of JPMorgan Chase & Co.
Guarantor: JPMorgan Chase & Co.
Index:The MerQube US Large-Cap Vol Advantage Index
(Bloombergticker: MQUSLVA). The levelof the Index reflects a
deduction of 6.0% per annum that accruesdaily.
Contingent Interest Payments:If the notes have not been
automaticallycalled and theclosing level of the Indexon 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 at least $8.3333 (equivalent to a Contingent Interest
Rate of at least10.00%per annum, payable at a rate of at least
0.83333%per month) (tobe provided in the pricing
supplement).
If theclosing level of theIndex on any Review Date is less than
the Interest Barrier, no Contingent Interest Payment will be
made with respect to that Review Date.
Contingent Interest Rate: Atleast 10.00%per annum, payable
at a rate ofat least0.83333%per month (to be provided in the
pricingsupplement)
Interest Barrier:75.00% of the Initial Value
Buffer Threshold:80.00% of the Initial Value
Buffer Amount:20.00%
Pricing Date: On or aboutNovember 25, 2024
Original Issue Date (Settlement Date): On or about November
29, 2024
ReviewDates*:December 26, 2024, January 27, 2025,
February 25, 2025, March 25, 2025, April 25, 2025, May 27,
2025, June 25, 2025, July 25, 2025, August 25, 2025,
September 25, 2025, October 27, 2025, November 25, 2025,
December 26, 2025, January26, 2026, February 25, 2026,
March 25, 2026, April 27, 2026, May 26, 2026, June 25, 2026,
July 27, 2026, August 25, 2026, September 25, 2026, October
26, 2026, November 25, 2026, December 28, 2026, January 25,
2027, February25, 2027, March 25, 2027, April26, 2027, May
25, 2027, June 25, 2027, July 26, 2027 and August 25, 2027
(final Review Date)
Interest Payment Dates*:December 31, 2024, January 30,
2025, February28, 2025, March 28, 2025, April30, 2025, May
30, 2025, June 30, 2025, July 30, 2025, August 28, 2025,
September 30, 2025, October 30, 2025, December 1, 2025,
December 31, 2025, January29, 2026, March 2, 2026, March
30, 2026, April30, 2026, May 29, 2026, June 30, 2026, July 30,
2026, August 28, 2026, September 30, 2026, October 29, 2026,
December 1, 2026, December 31, 2026, January 28, 2027,
March 2, 2027, March 31, 2027, April 29, 2027, May 28, 2027,
June 30, 2027, July 29, 2027 and the Maturity Date
Maturity Date*:August 30, 2027
Call Settlement Date*:If thenotes are automatically called on
any Review Date(other than the first through fifth and final
Review Dates), the first Interest Payment Date immediately
following that Review Date
Automatic Call:
If theclosing level of the Index on anyReview Date (other than
the first through fifth and final Review Dates) isgreater than or
equal to theInitial Value, the notes will be automatically called
for acash payment, for each $1,000 principal amount note,
equal to (a) $1,000 plus (b) the Contingent Interest Payment
applicable tothat Review Date, payable ontheapplicable Call
Settlement Date.No further payments will bemade on the
notes.
Payment at Maturity:
If thenotes have not beenautomatically calledand the Final
Valueisgreater than or equal to the Buffer Threshold, you will
receivea cash payment at maturity, for each $1,000 principal
amount note, equal to (a) $1,000plus (b) the Contingent
Interest Payment applicable to the final Review Date.
If thenotes have not beenautomatically calledand the Final
Valueisless than the Buffer Threshold, your payment at
maturityper $1,000 principal amount note, in addition to any
Contingent Interest Payment,will be calculated as follows:
$1,000 + [$1,000 ×(Index Return+ Buffer Amount)]
If thenotes have not beenautomatically calledand the Final
Valueisless than the Buffer Threshold, you will lose some or
most of your principalamount at maturity.
Index Return:(Final Value -Initial Value)
Initial Value
Initial Value:The closing level of the Indexon thePricing Date
Final Value: Theclosing levelof 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 accompanying underlying
supplementand "General Terms of Notes- Postponementof a
Payment Date" in the accompanying product supplement