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) and the Russell 2000
®
Index
(Bloomberg ticker: RTY) (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 $6.0417
(equivalent to a Contingent Interest Rate of 7.25% per annum,
payable at a rate of 0.60417% per month).
If the closing level of either 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: 7.25% per annum, payable at a
rate of 0.60417% per month
Interest Barrier/Trigger Value: With respect to each Index,
70.00% of its Initial Value, which is 7,329.00 for the Nasdaq-
100
®
Technology Sector Index
SM
and 1,553.0907 for the
Russell 2000
®
Index
Pricing Date: August 23, 2024
Original Issue Date (Settlement Date): On or about August
28, 2024
Review Dates*: September 23, 2024, October 23, 2024,
November 25, 2024, December 23, 2024, January 23, 2025,
February 24, 2025, March 24, 2025, April 23, 2025, May 23,
2025, June 23, 2025, July 23, 2025, August 25, 2025,
September 23, 2025, October 23, 2025, November 24, 2025,
December 23, 2025, January 23, 2026, February 23, 2026,
March 23, 2026, April 23, 2026, May 26, 2026, June 23, 2026
and July 23, 2026 (final Review Date)
Interest Payment Dates*: September 26, 2024, October 28,
2024, November 29, 2024, December 27, 2024, January 28,
2025, February 27, 2025, March 27, 2025, April 28, 2025,
May 29, 2025, June 26, 2025, July 28, 2025, August 28,
2025, September 26, 2025, October 28, 2025, November 28,
2025, December 29, 2025, January 28, 2026, February 26,
2026, March 26, 2026, April 28, 2026, May 29, 2026, June 26,
2026 and the Maturity Date
Maturity Date*: July 28, 2026
Call Settlement Date*: If the notes are automatically called
on any Review Date (other than the first, second, third, fourth,
fifth 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, third, fourth, fifth 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 either 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 × Lesser Performing Index Return)
If the notes have not been automatically called and the Final
Value of either 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.
Lesser Performing Index:The Index with the Lesser
Performing Index Return
Lesser Performing Index Return:The lower 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 10,470.00 for the
Nasdaq-100
®
Technology Sector Index
SM
and 2,218.701 for
the Russell 2000
®
Index
Final Value:With respect to each Index, the closing level of
that Index on the final Review Date