摩根大通美股招股说明书(2026-06-11版)

pricing supplement is not an offer to sell nor does it seek an offer to buy these securities in any jurisdictionwhere the offer or sale is not permitted. JPMorgan Chase Financial Company LLC June 2026Pricing SupplementRegistration Statement Nos. 333-293684 and 333-293684-01Dated June, 2026Filed pursuant to Rule 424(b)(2) STRUCTURED INVESTMENTS Opportunities in U.S. and International Equities Contingent Income Callable Securities due June 21, 2028 All Payments on the Securities Based on the Worst Performing of the EURO STOXX 50®Index, the S&P 500®Equal Weight Index and the S&PMidCap 400®IndexPrincipal at Risk Securities Fully and Unconditionally Guaranteed by JPMorgan Chase&Co. Contingent Income Callable Securities do not guarantee the payment of interest or the repayment of principal.Instead, the securities offer the opportunity for investors to earn a contingent quarterly payment equal to at least 2.7625% of the stated principal amount with respect to each quarterly monitoring period during which the closing level of eachof the EURO STOXX 50®Index, the S&P 500®Equal Weight Indexandthe S&P MidCap 400®Index on each day isgreater than or equal to75% of its initial index value,which we refer to as a downside threshold level.However, if, onanyday during a quarterly monitoring period, the closing level ofany underlying indexis less than itsdownside threshold level, you will not receive any contingent quarterly payment for the related quarterly monitoring period.In addition,we will have the right to redeem thesecurities at our discretion on any contingent payment date(other than the final contingent payment date) for an early redemption payment equal to the stated principalamountplusany contingent quarterly payment otherwise due with respect to the related quarterly monitoring period. Any early redemption of the securities will be at ourdiscretion and will not automatically occur based on the performance of the underlying indices. If the securities have not been redeemed prior to maturity and the final indexvalue ofeachunderlying index is greater than or equal to its downside threshold level, the payment at maturity due on the securities will be the stated principal amount and, ifthe closing level of each underlying index on each day during the final quarterly monitoring period is greater than or equal to its downside threshold level, the contingentquarterly payment with respect to the final quarterly monitoring period.If, however, the securities have not been redeemed prior to maturity and the final index value ofanyunderlying indexis less than its downside threshold level, you will be exposed to the decline in the worst performing of the underlying indices, as compared to its initial indexvalue, on a 1-to-1 basis and will receive a cash payment at maturity that is less than 75% of the stated principal amount of the securities and could be zero. The securities arefor investors who are willing to risk their principal and seek an opportunity to earn interest at a potentially above-market rate in exchange for the risk of receiving few or nocontingent quarterly payments and also the risk of receiving a cash payment at maturity that is significantly less than the stated principal amount of the securities and could bezero.Accordingly, investors could lose their entire initial investment in the securities.Because all payments on the securities are based on the worst performing of theunderlying indices, a decline in the level of any underlying index below its downside threshold level will result in few or no contingent quarterly payments and/or significant lossof your initial investment, even if the other underlying indices appreciate or have not declined as much.Investors will not participate in any appreciation of any underlyingindex. The securities are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, which we refer to as JPMorgan Financial, the payment onwhich is fully and unconditionally guaranteed by JPMorgan Chase&Co., issued as part of JPMorgan Financial’s Medium-Term Notes, Series A, program.Any payment onthe securities is subject to the credit risk of JPMorgan Financial, as issuer of the securities, and the credit risk of JPMorgan Chase&Co., as guarantor of thesecurities. (3)Reflects a structuring fee payable to Morgan Stanley Wealth Management by the agent or its affiliates of $5.00 for each $1,000 stated principal amountsecurity * Subject to postponement in the event of a market disruption event and as described under “General Terms of Notes — Postponement of a Payment Date” in theaccompanying product supplement or early acceleration in the event of an acceleration event as described under “General Terms of Notes — Consequences of anAcceleration Event” in the accompanying product supplement and “Risk Factors — Risks Relating to the Securities Generally — We may accelerate your securitiesin our sole discretion and the calculation agent may adjust their final payment