Summary of Terms

Issuer:	JPMorgan Chase Financial Company LLC
Guarantor:	JPMorgan Chase & C0.
Basket / Basket Components:	An unequally weighted basket composed of the following basket components, with the weighting percentages noted parenthetically: the EURO STOXX 50^® Index (Bloomberg ticker: SX5E)(30%), the TOPIX^® Index (Bloomberg ticker: TPX) (20%), the FTSE 100 Index (Bloomberg ticker: UKX)(15%) and the S&P/ASX 200 Index (Bloomberg ticker: AS51)(15%) (each referred to as an “Index,” and collectively as the “Indices”) and the iShares^® MSCI Emerging Markets ETF (Bloomberg ticker: EEM) (20%) (the “Fund”) (each of the Indices and the Fund referred to as a “basket component” and collectively as the “basket components”)
Pricing Date¹:	July 31, 2024
Issue Date¹:	August 5, 2024
Calculation Day^{1, 2}:	January 31, 2030
Stated Maturity Date^{1, 2}:	February 5, 2030
Principal Amount:	$1,000 per security (100% of par)
Maturity Payment Amount:	· if the ending level is greater than the starting level: $1,000 + ($1,000 × basket return × upside participation rate); · if the ending level is less than or equal to the starting level, but greater than or equal to the threshold level: $1,000; or · if the ending level is less than the threshold level: $1,000 + ($1,000 × basket return)
Starting Level:	100.00
Ending Level:	The weighted returns of the basket components, equal to the product of (i) 100 and (ii) an amount equal to 1 plus the sum of (A) 30% of the basket component return of the EURO STOXX 50^® Index; (B) 20% of the basket component return of the TOPIX^® Index; (C) 15% of the basket component return of the FTSE 100 Index; (D) 15% of the basket component return of the S&P/ASX 200 Index; and (E) 20% of the basket component return of the Fund
Threshold Level:	70.00, which is equal to 70% of the starting level
Upside Participation Rate:	184%
Basket Return:	(ending level – starting level) / starting level
Basket Component Return:	(final basket component value – initial basket component value) / initial basket component value
Initial Basket Component Value	For each basket component, its closing value on the pricing date
Final Basket Component Value	For each basket component, its closing value on the calculation day
Calculation Agent:	J.P. Morgan Securities LLC (“JPMS”)
Denominations:	$1,000 and any integral multiple of $1,000
CUSIP:	48135PQT1

Summary of Terms, Cont.

Fees and Commissions:

Up to 3.87% for Wells Fargo Securities, LLC (“WFS”); WFS has advised us that dealers, including Wells Fargo Advisors (“WFA”), may receive 3.00% of WFS’s fee, and WFA may also receive a distribution expense fee of 0.12%. In addition, with respect of certain securities sold in this offering, JPMS may pay a fee of up to 0.25% to selected dealers in consideration for marketing and other services in connection with the distribution of the securities to other dealers.

Tax Considerations:

See the preliminary pricing supplement.

¹Subject to change

²Subject to postponement

Hypothetical Payout Profile*

*Assumes a maximum return equal to the lowest maximum return

If the ending level is less than the threshold level, you will have full downside exposure to the decrease in the level of that Basket from the starting level and will lose more than 30%, and possibly all, of the principal amount of your securities at maturity.

The securities are unsecured and unsubordinated obligations of JPMorgan Chase Financial Company LLC, which we refer to as JPMorgan Financial, the payment on which is fully and unconditionally guaranteed by JPMorgan Chase & Co. Any payment on the 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 the securities.

If the securities priced on the date of the accompanying preliminary pricing supplement, the estimated value of the securities would be approximately $938.30 per security. The estimated value of the securities, when the terms of the securities are set, will be provided in the pricing supplement and will not be less than $910.00 per security. See “The Estimated Value of the Securities” in the preliminary pricing supplement for additional information.

Preliminary Pricing Supplement: http://www.sec.gov/Archives/edgar/data/1665650/
000121390024063787/ea177834_424b2.htm

The securities have complex features and investing in the securities involves risks not associated with an investment in conventional debt securities. See “Risk Factors” in the accompanying prospectus supplement and the accompanying product supplement, Annex A to the accompanying prospectus addendum and “Selected Risk Considerations” in the accompanying preliminary pricing supplement.

The securities are not bank deposits, are not insured by the Federal Deposit Insurance Corporation or any other governmental agency and are not obligations of, or guaranteed by, a bank.

THIS FACT SHEET DOES NOT PROVIDE ALL OF THE INFORMATION THAT AN INVESTOR SHOULD CONSIDER PRIOR TO MAKING AN INVESTMENT DECISION. This fact sheet should be read in conjunction with the accompanying preliminary pricing supplement, prospectus, prospectus supplement, prospectus addendum, product supplement and underlying supplement.

The risks set forth below are discussed in detail in the “Selected Risk Considerations” section in the accompanying preliminary pricing supplement, the “Risk Factors” sections in the accompanying prospectus supplement and product supplement and Annex A to the accompanying prospectus addendum. Please review the risk disclosure carefully.

SEC Legend: JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. have filed a registration statement (including a prospectus) with the SEC for any offerings to which these materials relate. Before you invest, you should read the prospectus in that registration statement and the other documents relating to this offering that JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. has filed with the SEC for more complete information about JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. and this offering. You may get these documents without cost by visiting EDGAR on the SEC web site at www.sec.gov. Alternatively, JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., any agent or any dealer participating in this offering will arrange to send you the prospectus and each prospectus supplement as well as any product supplement, underlying supplement and preliminary pricing supplement if you so request by calling toll-free 1-866-535-9248.

As used in this fact sheet, “we,” “us” and “our” refer to JPMorgan Financial Company LLC. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC, members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company.