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 Datefor each $1,000 principal amount note a
Contingent Interest Payment equal to$6.8333 (equivalent to a
Contingent Interest Rate of 8.20% per annum, payable at a rate
of 0.68333% 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: 8.20% per annum, payable at a rate
of 0.68333% per month
Interest Barrier:With respect to each Index, 60.00% of its
Initial Value, which is 6,103.38 for the Nasdaq-100
®
Technology
Sector Index
SM
, 1,317.2238 for the Russell 2000
®
Index and
3,256.278 for the S&P 500
®
Index
Trigger Value:With respect to eachIndex, 55.00% of itsInitial
Value, which is 5,594.765 for the Nasdaq-100
®
Technology
Sector Index
SM
, 1,207.45515 for the Russell 2000
®
Index and
2,984.9215 for the S&P 500
®
Index
Pricing Date: July 24, 2024
Original Issue Date (Settlement Date): On or about July 29,
2024
Review Dates*: August 26, 2024, September 24, 2024,
October 24, 2024, November 25, 2024, December 24, 2024,
January 24, 2025, February 24, 2025, March 24, 2025, April 24,
2025, May 27, 2025, June 24, 2025, July 24, 2025, August 25,
2025, September 24, 2025, October 24, 2025, November 24,
2025, December 24, 2025, January 26, 2026, February 24,
2026, March 24, 2026, April 24, 2026, May 26, 2026, June 24,
2026, July 24, 2026, August 24, 2026, September 24, 2026,
October 26, 2026, November 24, 2026, December 24, 2026,
January 25, 2027, February 24, 2027, March 24, 2027, April 26,
2027, May 24, 2027, June 24, 2027 and July 26, 2027 (the "final
Review Date")
Interest Payment Dates*: August 29, 2024, September 27,
2024, October 29, 2024, November 29, 2024, December 30,
2024, January29, 2025, February 27, 2025, March 27,2025,
April 29, 2025, May 30, 2025, June 27, 2025, July 29, 2025,
August 28, 2025, September 29, 2025, October 29, 2025,
November 28, 2025, December 30, 2025, January 29, 2026,
February 27, 2026, March 27, 2026, April 29, 2026, May 29,
2026, June 29, 2026, July 29, 2026, August 27, 2026,
September 29, 2026, October 29, 2026, November 30, 2026,
December 30, 2026, January 28, 2027, March 1, 2027, March
30, 2027, April 29, 2027, May 27, 2027, June 29, 2027 and the
Maturity Date
Maturity Date*: July 29, 2027
*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 MultipleUnderlyings" and
"General Terms of Notes -Postponement of a Payment Date" inthe
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 45.00% 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 10,172.30 for the
Nasdaq-100
®
Technology Sector Index
SM
, 2,195.373 for the
Russell 2000
®
Index and 5,427.13 for the S&P 500
®
Index
Final Value: With respect to each Index, the closing level of
that Index on the final Review Date