JPMorgan Launches Tech-Linked Notes with Contingent Interest and Auto Call Feature

JPMorgan Chase & Co. has unveiled a new financial product linked to the MerQube US Tech+ Vol Advantage Index. The notes, issued by JPMorgan Chase Financial Company LLC and guaranteed by JPMorgan Chase & Co., offer a dynamic exposure to the Invesco QQQ Trust (QQQ Fund), with a maximum exposure of 500% and a minimum of 0%. The underlying asset shifted from E-Mini Nasdaq-100 futures to an unfunded position in the QQQ Fund on February 9, 2024. The Index includes a 6.0% per annum daily deduction and a notional financing cost deducted daily.

The notes have a maturity date of October 30, 2031, with a pricing date of October 27, 2026. They offer a contingent interest rate of at least 9.50% per annum, payable monthly, if the Index meets certain conditions. The notes also feature an automatic call provision if the Index reaches or exceeds the Initial Value on any review date. The estimated value of the notes is at least $900.00 per $1,000 principal amount.

Investors face significant risks, including the potential loss of principal if the Index falls below the Buffer Threshold of 70.00% of the Initial Value. The notes are subject to the credit risk of both the issuer and the guarantor. The hypothetical payment table shows varying returns based on the Index's performance, with a 30.00% buffer amount protecting against minor losses. However, substantial declines in the Index could result in significant losses.

The product, known as 5yNC1y Auto Callable Contingent Interest Notes, is registered under SEC Nos. 333-293684 and 333-293684-01, dated September 30, 2026. Prospective investors are advised to review the preliminary pricing supplement and other relevant documents for a comprehensive understanding of the risks and terms.