JPMorgan Chase Prepares New Auto Callable Notes Linked to Multi-Asset Index

JPMorgan Chase & Co. is preparing to issue a new series of structured investments known as Auto Callable Notes, linked to the J.P. Morgan Multi-Asset Index. These notes, expected to price on or about October 27, 2026, and settle on or about October 30, 2026, are designed to offer investors early exit opportunities at a premium if the index meets certain conditions on specified review dates. The earliest automatic call date is October 29, 2027, with subsequent review dates scheduled annually through October 27, 2033.

The notes are fully and unconditionally guaranteed by JPMorgan Chase & Co., providing investors with a level of credit security. They are structured to offer uncapped, unleveraged exposure to any appreciation of the index at maturity if the notes are not called earlier. Investors should be prepared to forgo interest payments while seeking full repayment of principal at maturity.

Each note has a minimum denomination of $1,000, and the estimated value of the notes, if priced today, would be approximately $906.30 per $1,000 principal amount. The notes are not bank deposits, are not insured by the Federal Deposit Insurance Corporation, and are not obligations of, or guaranteed by, a bank.

Investors are cautioned that the notes involve a number of risks, as detailed in the accompanying prospectus and pricing supplement. The SEC has not approved or disapproved of the notes or passed upon the accuracy of the pricing supplement.