JPMorgan Chase Financial Company LLC filed a free writing prospectus fact sheet on November 6, 2026, disclosing terms for Market Linked Securities with leveraged upside participation and contingent downside linked to the EURO STOXX 50 Index, due November 14, 2036.

Key Highlights

  • Upside participation rate: at least 218.60%, to be confirmed in the final pricing supplement.
  • Threshold level: set at 75% of the starting level, below which investors bear full downside exposure and may lose more than 25%, and possibly all, of the $1,000 principal per security.
  • Maturity: Stated maturity date is November 14, 2036, with a pricing date of November 10, 2026 and an issue date of November 16, 2026 (each subject to change).
  • Estimated value: approximately $920.20 per security if priced on the fact sheet date, and will be no less than $900.00 per security when final terms are set.
  • Fees and commissions: up to 4.37% for Wells Fargo Securities, LLC, with a selling concession of 3.50% and a distribution expense fee of 0.12% that WFA may also receive.
  • CUSIP: 46661Q5F8; denominations of $1,000 and any integral multiple of $1,000.

Terms and Structure of the EURO STOXX 50 Linked Securities

According to the filing, the securities are issued by JPMorgan Chase Financial Company LLC and are fully and unconditionally guaranteed by JPMorgan Chase & Co. They are unsecured and unsubordinated obligations of the issuer, and any payment is subject to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co. as guarantor. The filing notes that "as a Finance Subsidiary, JPMorgan Financial Has No Independent Activities and Has Limited Assets."

The maturity payment structure disclosed in the fact sheet depends on the performance of the EURO STOXX 50 Index (Bloomberg ticker: SX5E). If the ending level exceeds the starting level, the holder receives $1,000 plus the product of $1,000, the index return, and the upside participation rate. If the ending level is at or below the starting level but at or above the threshold level (75% of the starting level), the holder receives $1,000. If the ending level falls below the threshold level, the holder receives $1,000 plus the product of $1,000 and the index return, meaning full downside exposure applies and the holder may lose more than 25%, and possibly all, of principal. The filing states that "the benefit provided by the threshold level may terminate on the calculation day."

The filing discloses that the estimated value of the securities is lower than the original issue price, is derived by reference to an internal funding rate, and does not represent future values. Secondary market prices, the filing notes, "will likely be lower than the original issue price." The calculation agent is J.P. Morgan Securities LLC. The filing references Registration Statement Nos. 333-293684 and 333-293684-01 and was filed pursuant to Rule 433.

What Was Disclosed

JPMorgan Chase Financial Company LLC disclosed a fact sheet for 10-year market linked securities tied to the EURO STOXX 50 Index, with an upside participation rate of at least 218.60%, a 75% threshold level, an estimated value of approximately $920.20 per security, and fees of up to 4.37%.