Issuer:JPMorgan Chase Financial Company LLC, a direct,
wholly owned finance subsidiary of JPMorgan Chase & Co.
Guarantor: JPMorgan Chase & Co.
Indices:The Dow Jones Industrial Average
®
(Bloomberg
ticker: INDU), the Russell 2000
®
Index (Bloomberg ticker:
RTY) and the S&P 500
®
Index (Bloomberg ticker: SPX) (each
an "Index" and collectively, the "Indices")
Contingent Interest Payments:
If the notes have not been automatically called and the
closing level of each Index on any Review Date is greater
than or equal to its Interest Barrier, you will receive on the
applicable Interest Payment Date for each $1,000 principal
amount note a Contingent Interest Payment equal to at least
$5.8333 (equivalent to a Contingent Interest Rate of at least
7.00% per annum, payable at a rate of at least 0.58333% per
month) (to be provided in the pricing supplement).
If the closing level of any Index on any Review Date is less
than its Interest Barrier, no Contingent Interest Payment will
be made with respect to that Review Date.
Contingent Interest Rate: At least 7.00% per annum,
payable at a rate of at least 0.58333% per month (to be
provided in the pricing supplement)
Interest Barrier/Trigger Value: With respect to each Index,
60.00% of its Initial Value
Pricing Date: On or about September 30, 2024
Original Issue Date (Settlement Date): On or about October
3, 2024
Review Dates*: October 30, 2024, December 2, 2024,
December 30, 2024, January 30, 2025, February 28, 2025,
March 31, 2025, April 30, 2025, May 30, 2025, June 30, 2025,
July 30, 2025, September 2, 2025, September 30, 2025,
October 30, 2025, December 1, 2025, December 30, 2025,
January 30, 2026, March 2, 2026 and March 30, 2026 (final
Review Date)
Interest Payment Dates*: November 4, 2024, December 5,
2024, January 3, 2025, February 4, 2025, March 5, 2025,
April 3, 2025, May 5, 2025, June 4, 2025, July 3, 2025,
August 4, 2025, September 5, 2025, October 3, 2025,
November 4, 2025, December 4, 2025, January 5, 2026,
February 4, 2026, March 5, 2026 and the Maturity Date
Maturity Date*: April 2, 2026
Call Settlement Date*: If the notes are automatically called
on any Review Date (other than the first, second, third, fourth,
fifth and final Review Dates), the first Interest Payment Date
immediately following that Review Date
* Subject to postponement in theevent of a market disruption event
and as describedunder "General Terms of Notes - Postponement of
a Determination Date -Notes Linked to Multiple Underlyings" and
"General Terms of Notes -Postponement of a Payment Date" in the
accompanying product supplement
Automatic Call:
If the closing level of each Index on any Review Date (other
than the first, second, third, fourth, fifth and final Review
Dates) is greater than or equal to its Initial 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
Contingent Interest Payment applicable to that Review Date,
payable on the applicable Call Settlement Date. No further
payments will be made on the notes.
Payment at Maturity:
If the notes have not been automatically called and the Final
Value of each Index is greater than or equal to its Trigger
Value, 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 applicable to the final Review
Date.
If the notes have not been automatically called and the Final
Value of any Index is less than its Trigger Value, your
payment at maturity per $1,000 principal amount note will be
calculated as follows:
$1,000 + ($1,000 × Least Performing Index Return)
If the notes have not been automatically called and the Final
Value of any Index is less than its Trigger Value, you will lose
more than 40.00% of your principal amount at maturity and
could lose all of your principal amount at maturity.
Least Performing Index:The Index with 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 to each Index, the closing level of
that Index on the Pricing Date
Final Value:With respect to each Index, the closing level of
that Index on the final Review Date