Issuer:JPMorgan Chase Financial Company LLC, a direct,
wholly owned finance subsidiary of JPMorgan Chase & Co.
Guarantor: JPMorgan Chase & Co.
Indices:The NASDAQ-100 Index
®
(Bloomberg ticker: NDX),
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 $7.5417 (equivalent to a
Contingent Interest Rate of 9.05% per annum, payable at a rate
of 0.75417% per month).
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: 9.05% per annum, payable at a rate
of 0.75417% per month
Interest Barrier/Trigger Value: With respect to each Index,
70.00% of its Initial Value, which is 13,341.643 for the
NASDAQ-100 Index
®
, 1,564.7331 for the Russell 2000
®
Index
and 3,824.478 for the S&P 500
®
Index
Pricing Date: July 29, 2024
Original Issue Date (Settlement Date): On or about August 1,
2024
Review Dates*: August 29, 2024, September 30, 2024,
October 29, 2024, November 29, 2024, December 30, 2024,
January 29, 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 and April 29, 2026 (final Review Date)
Interest Payment Dates*: September 4, 2024, October 3,
2024, November 1, 2024, December 4, 2024, January 3, 2025,
February 3, 2025, March 5, 2025, April 3, 2025, May 2, 2025,
June 3, 2025, July 3, 2025, August 1, 2025, September 4, 2025,
October 2, 2025, November 3, 2025, December 4, 2025,
January 2, 2026, February 3, 2026, March 5, 2026, April 2,
2026 and the Maturity Date
Maturity Date*: May 4, 2026
Call Settlement Date*: If the notes are automatically called on
any Review Date (other than the first, second and final Review
Dates), the first Interest Payment Date immediately following
that Review Date
* Subject to postponement in the event of a market disruption event and
as described under "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 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 30.00% 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, which was 19,059.49 for the
NASDAQ-100 Index
®
, 2,235.333 for the Russell 2000
®
Index
and 5,463.54 for the S&P 500
®
Index
Final Value:With respect to each Index, the closing level of
that Index on the final Review Date