摩根大通美股招股说明书(2026-04-22版)

Registration Statement Nos. 333-293684 and 333-293684-01Dated April, 2026Rule 424(b)(2) Pricing supplementTo prospectus dated April 17, 2026, prospectus supplement dated April 17, 2026 andproduct supplement no. 1-I dated April 17, 2026JPMorgan Chase Financial Company LLC StructuredInvestments Callable Range Accrual Notes due April 28, 2031Fully and Unconditionally Guaranteed by JPMorgan Chase&Co. General The notes are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, which we refer to as JPMorganFinancial, the payment on which is fully and unconditionally guaranteed by JPMorgan Chase&Co.Any payment on the notes is subject tothe credit risk of JPMorgan Financial, as issuer of the notes, and the credit risk of JPMorgan Chase&Co., as guarantor of the notes.The notes are designed for investors (a) who seek (i) periodic interest payments that for each Interest Period are at a variable Interest Ratebased on an Interest Factor of at least 6.60% per annum for each calendar day that the Reference Rate is less than or equal to 5.00%, whichwe refer to as the Reference Rate Barrier and (ii) the return of their principal amount at maturity and (b) who are also willing to accept the riskthat the notes will be called prior to the Maturity Date.You will not benefit from any increase in the Reference Rate over the term of theNotes.If, on any calendar day, the Reference Rate is greater than the Reference Rate Barrier, no interest will accrue for that calendar day.The maximum Interest Rate for any Interest Period is limited to the Interest Factor, which is payable only if the Reference Rate is less than orequal to the Reference Rate Barrier on each calendar day during that Interest Period. The actual Interest Rate for an Interest Period maybe zero and your return for any such Interest Period over the term of the notes could be significantly less than the Interest Factor forthat period.At our option, we may redeem the notes, in whole but not in part, on any of the Redemption Dates specified below.Minimum denominations of $10,000 and integral multiples of $1,000 in excess thereof. Key TermsIssuer: JPMorgan Chase Financial Company LLC, a direct, wholly owned finance subsidiary of JPMorgan Chase&Co.JPMorgan Chase&Co.10-Year Constant Maturity Treasury Rate determined as follows: Guarantor:Reference Rate: for any calendar day during an Interest Period from, and including, the first calendar day of that Interest Periodto, and including, the sixth business day prior to the Interest Payment Date relating to that Interest Period, therate that appears on the Bloomberg Screen H15T10Y Page at approximately 5:00 p.m., New York City time, onthat day, as determined by the calculation agent,providedthat if such rate does not so appear, then asdetermined in accordance with the relevant provisions as set forth under “The Underlyings — Base Rates —Constant Maturity Treasury Rate” in the accompanying product supplement;providedfurther that if that calendarday is not a U.S. Government Securities Business Day, the Reference Rate for that calendar day will be theReference Rate determined with respect to the immediately preceding U.S. Government Securities BusinessDay; andfor any calendar day during an Interest Period beginning on and including the fifth business day prior to theInterest Payment Date relating to that Interest Period, the Reference Rate determined with respect to the firstU.S. Government Securities Business Day preceding the fifth business day prior to that Interest Payment Date Payment at Maturity:On the Maturity Date, we will pay you the principal amount of your notesplusany accrued and unpaid interest,providedthat your notes are outstanding and have not previously been called on any Redemption Date.Call Feature:On the 28th calendar day of January, April, July and October of each year, beginning on April 28, 2027 and ending onJanuary 28, 2031 (each, a “Redemption Date”), we may redeem your notes, in whole but not in part, at a price equal to theprincipal amount being redeemedplusany accrued and unpaid interest, subject to the Business Day Convention and theInterest Accrual Convention described below and in the accompanying product supplement.If we intend to redeem yournotes, we will deliver notice to The Depository Trust Company on any business day after the Original Issue Date that is atleast 5 business days before the applicable Redemption Date.We will pay you interest in arrears on each Interest Payment Date based on the applicable Interest Rate and the applicable Day Count Fraction, subject to the Interest Accrual Convention described below and in the accompanyingproduct supplement. At least 6.60% per annum.The actual Interest Rate will be finalized on the Trade Date and provided in the pricingsupplement.The period beginning on and including the Original Issue Date and ending on but excluding the first Interest Payment Interest Rate: Interest Periods: Date, and each successi