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 $8.5417 (equivalent to a
Contingent Interest Rate of 10.25% per annum, payable at a
rate of 0.85417% 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: 10.25% per annum, payable at a
rate of 0.85417% per month
Interest Barrier:With respect to each Index, 70.00% of its
Initial Value, which is 6,832.245 for the Nasdaq-100
®
Technology Sector Index
SM
, 1,456.6412 for the Russell 2000
®
Index and 3,740.912 for the S&P 500
®
Index
Trigger Value:With respect to each Index, 65.00% of its Initial
Value, which is 6,344.2275 for the Nasdaq-100
®
Technology
Sector Index
SM
, 1,352.5954 for the Russell 2000
®
Index and
3,473.704 for the S&P 500
®
Index
Pricing Date: August 9, 2024
Original Issue Date (Settlement Date): On or about August
14, 2024
Review Dates*: September9, 2024, October 9, 2024,
November 11, 2024, December 9, 2024, January 9, 2025,
February 10, 2025, March 10, 2025, April 9, 2025, May 9, 2025,
June 9, 2025, July 9, 2025, August 11, 2025, September 9,
2025, October 9, 2025, November 10, 2025, December 9,
2025, January 9, 2026, February 9, 2026, March 9, 2026, April
9, 2026, May11, 2026, June 9, 2026 and July 9, 2026 (the "final
Review Date")
Interest Payment Dates*: September 12, 2024, October 15,
2024, November 14, 2024, December 12, 2024, January 14,
2025, February 13, 2025, March 13, 2025, April 14, 2025,
May 14, 2025, June 12, 2025, July 14, 2025, August 14,
2025, September 12, 2025, October 15, 2025, November 14,
2025, December 12, 2025, January 14, 2026, February 12,
2026, March 12, 2026, April 14, 2026, May 14, 2026, June 12,
2026 and the Maturity Date
Maturity Date*: July 14, 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 35.00% 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 9,760.35 for the
Nasdaq-100
®
Technology Sector Index
SM
, 2,080.916 for the
Russell 2000
®
Index and 5,344.16 for the S&P 500
®
Index
Final Value: With respect to each Index, the closing level of
that Index on the final Review Date