Issuer:JPMorgan Chase Financial Company LLC, adirect,
wholly owned finance subsidiary of JPMorgan Chase & Co.
Guarantor: JPMorgan Chase & Co.
Underlyings: TheNasdaq-100 Index®(Bloomberg ticker:
NDX), the S&P 500® Index (Bloomberg ticker: SPX) (each of
the Nasdaq-100 Index®and the S&P 500® Index, an "Index"
and collectively, the "Indices") and the Utilities Select Sector
SPDR® Fund (Bloomberg ticker: XLU) (the "Fund") (each of the
Indices and the Fund, an "Underlying" and collectively, the
"Underlyings")
Contingent InterestPayments:If the notes have not been
previously redeemed earlyand theclosing value of each
Underlying on any Review Date isgreater than or equal to its
Interest Barrier, you will receive on the applicableInterest
Payment Date for each $1,000 principal amount note a
ContingentInterest Payment equalto$6.7917 (equivalent to a
ContingentInterest Rate of 8.15% per annum, payable at a rate
of 0.67917% per month).
If the closing value of any Underlying on any Review Date is
less than its Interest Barrier, no Contingent Interest Payment
will be made with respect to that Review Date.
Contingent InterestRate:8.15% per annum, payable at a rate
of 0.67917% per month
Interest Barrier/ Buffer Threshold:With respect to each
Underlying, 80.00% of its Initial Value, which is16,281.616 for
theNasdaq-100 Index®, 4,646.496 for the S&P 500® Index and
$64.304for the Fund
Buffer Amount:20.00%
Pricing Date: October 25, 2024
Original Issue Date (Settlement Date): On or about October
30, 2024
Review Dates*: November 25, 2024, December 26, 2024,
January27, 2025, February 25, 2025, March 25, 2025, April 25,
2025, May 27, 2025, June 25, 2025, July25, 2025, August 25,
2025, September 25, 2025, October 27, 2025, November 25,
2025, December 26, 2025, January 26, 2026, February 25,
2026, March 25, 2026, April 27, 2026, May 26, 2026, June 25,
2026, July 27, 2026, August 25, 2026, September 25, 2026and
October 26, 2026(final Review Date)
Interest Payment Dates*: November 29, 2024, December 31,
2024, January 30, 2025, February28, 2025, March 28, 2025,
April 30, 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, January 29, 2026,
March 2, 2026, March 30, 2026, April 30, 2026, May 29, 2026,
June 30, 2026, July 30, 2026, August 28, 2026, September 30,
2026 and theMaturity Date
Maturity Date*: October 29, 2026
* Subject to postponement in theevent of amarket disruptionevent
and as describedunder"General Terms of Notes - Postponement
of a Determination Date - NotesLinked toMultipleUnderlyings"
and "General Terms of Notes-Postponement ofaPaymentDate"
in theaccompanying productsupplement
Early Redemption:
We, at our election, may redeem the notesearly, in whole but
not in part, on any of theInterest Payment Dates (other than the
first through fifth 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 DepositoryTrust
Company, or DTC, at least three business days before the
applicable Interest Payment Date on which the notes are
redeemedearly.
Payment at Maturity:
If the notes have not been redeemed earlyand the Final Value
of each Underlying is greater than or equal to itsBuffer
Threshold, you will receivea cash payment at maturity, for each
$1,000 principal amount note, equal to (a) $1,000 plus (b) the
Contingent Interest Paymentapplicable to the final Review
Date.
If the notes have not been redeemed earlyand the Final Value
of anyUnderlyingisless than itsBuffer Threshold, your
payment at maturity per $1,000 principal amount note will be
calculatedasfollows:
$1,000 + [$1,000 ×(Least PerformingUnderlying Return+
Buffer Amount)]
If the notes have not been redeemed earlyand the Final Value
of anyUnderlyingisless than itsBuffer Threshold, you will lose
some or most of your principal amount at maturity.
Least Performing Underlying: The Underlying with theLeast
Performing UnderlyingReturn
Least Performing Underlying Return: The lowestof the
Underlying Returnsof the Underlyings
Underlying Return:
With respect to each Underlying,
(Final Value -Initial Value)
Initial Value
Initial Value:With respect to eachUnderlying, the closing value
of thatUnderlyingon the Pricing Date, which was 20,352.02for
theNasdaq-100 Index®, 5,808.12 for the S&P 500® Indexand
$80.38 for the Fund
Final Value: With respect to eachUnderlying, the closingvalue
of thatUnderlyingon the finalReview Date
Share Adjustment Factor: The Share Adjustment Factor is
referenced in determining theclosing value of the Fund and is
set equal to 1.0on the PricingDate. The Share Adjustment
Factor is subject to adjustment upon the occurrenceof certain
events affecting the Fund. See "The Underlyings -Funds-
Anti-Dilution Adjustments" in the accompanyingproduct
supplement for further information.