Issuer:JPMorgan Chase Financial Company LLC, a direct,
wholly owned finance subsidiary of JPMorgan Chase & Co.
Guarantor: JPMorgan Chase & Co.
Indices:The Nasdaq-100
®
Technology Sector Index
SM
(Bloomberg ticker: NDXT),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 previously redeemed early 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 $8.9167 (equivalent to a
Contingent Interest Rate of 10.70% per annum, payable at a
rate of 0.89167% per month).
If the closing level of any Index onanyReview Date is less than
its Interest Barrier, no Contingent Interest Payment will be
made with respect to that Review Date.
Contingent Interest Rate: 10.70% per annum, payable at a
rate of 0.89167% per month
Interest Barrier:With respect to each Index, 75.00% of its
Initial Value, which is 7,405.9425 for the Nasdaq-100
®
Technology Sector Index
SM
, 1,599.0405 for the Russell 2000
®
Index and 4,127.5575 for the S&P 500
®
Index
Trigger Value:With respect to each Index, 70.00% of its Initial
Value, which is 6,912.213 for the Nasdaq-100
®
Technology
Sector Index
SM
, 1,492.4378 for the Russell 2000
®
Index and
3,852.387 for the S&P 500
®
Index
Pricing Date: September 5, 2024
Original Issue Date (Settlement Date): On or about
September 10, 2024
Review Dates*: October 7, 2024, November 5, 2024,
December 5, 2024, January 6, 2025, February 5, 2025, March
5, 2025, April 7, 2025, May 5, 2025, June 5, 2025, July 7, 2025,
August 5, 2025, September 5, 2025, October 6, 2025,
November 5, 2025, December 5, 2025, January 5, 2026,
February 5, 2026, March 5, 2026, April6, 2026, May 5, 2026,
June 5, 2026, July 6, 2026 and August 5, 2026 (the "final
Review Date")
Interest Payment Dates*: October 10, 2024, November 8,
2024, December 10, 2024, January 9, 2025, February 10,
2025, March 10, 2025, April 10, 2025, May 8, 2025, June 10,
2025, July 10, 2025, August 8, 2025, September 10, 2025,
October 9, 2025, November 10, 2025, December 10, 2025,
January 8, 2026, February 10, 2026, March 10, 2026, April 9,
2026, May 8, 2026, June 10, 2026, July 9, 2026 and the
Maturity Date
Maturity Date*: August 10, 2026
*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
Early Redemption:
We, at our election, may redeem the notes early, in whole but
not in part, on any of the Interest Payment Dates (other than
the first, second and final Interest Payment Dates) at a price,
for each $1,000 principal amount note, equal to (a) $1,000
plus (b) the Contingent Interest Payment, if any, applicable to
the immediately preceding Review Date. If we intend to
redeem your notes early, we will deliver notice to The
Depository Trust Company, or DTC, at least three business
days before the applicable Interest Payment Date on which
the notes are redeemed early.
Payment at Maturity:
If the notes have not been redeemed early 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, if any, applicable to the final
Review Date.
If the notes have not been redeemed early 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 redeemed early 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 9,874.59 for the
Nasdaq-100
®
Technology Sector Index
SM
, 2,132.054 for the
Russell 2000
®
Index and 5,503.41 for the S&P 500
®
Index
Final Value: With respect to each Index, the closing level of
that Index on the final Review Date