North America Structured Investments
5yr SX5E/RTY Auto Callable Contingent Buffered Return Enhanced Notes
The following is a summary of the terms of the notes offered by the preliminary pricing supplement highlighted below.
The following is a summary of the terms of the notes offered by the preliminary pricing supplement highlighted below.
Summary of Terms
Issuer: JPMorgan Chase Financial Company LLC.
Guarantor: JPMorgan Chase & Co.
Minimum Denomination: $1,000
Indices: EURO STOXX® 50 Index and Russell 2000 ® Index
Upside Leverage Factor: 1.50
Contingent Buffer Amount: 50.00%
Pricing Date: March 28, 2018
Final Review Date: March 28, 2023
Maturity Date: March 31, 2023
Review Dates: Annually
CUSIP: 48129HMBF2
Preliminary Pricing Supplement: http://sp.jpmorgan.com/document/cusip/48129MBF2/doctype/Product_Termsheet/document.pdf
For more information about the estimated value of the notes, which will likely be lower than the price
you paid for the notes, please see the hyperlink above.
You may lose some or all of your principal at maturity. Any payment on the notes is subject to the credit risk of JPMorgan Chase Financial
Company LLC, as issuer of the notes, and the credit risk of JPMorgan Chase & Co., as guarantor of the notes.
Automatic Call
If the closing level of each Index on any Review Date (other than the final Review Date) is greater than or equal to its Call
Value, the notes will be automatically called for a cash payment, for each $1,000 principal amount note, equal to (a) $1,000
plus (b) the Call Premium Amount applicable to that Review Date, payable on the applicable Call Settlement Date. No further
payments will be made on the notes.
Review Date Call Value Call Premium*
First 100.00% At least 12.75%
Second 100.00% At least 25.50%
Third 100.00% At least 38.25%
Fourth 100.00% At least 51.00%
Payment At Maturity
If the notes have not been automatically called and the Final Value of each Index is greater than its Initial Value, your payment at maturity per $1,000 principal amount note will be calculated as follows:
$1,000 + ($1,000 × Lesser Performing Index Return × Upside Leverage Factor)
If the notes have not been automatically called and (i) the Final Value of one Index is greater than its Initial Value and the Final Value of the other Index is equal to its Initial Value or is less than its Initial Value by up to the Contingent Buffer Amount or (ii) the Final Value of each Index is equal to its Initial Value or is less than its Initial Value by up to the Contingent Buffer Amount, you will receive the principal amount of your notes at maturity.
If the notes have not been automatically called and the Final Value of either Index is less than its Initial Value by more than the Contingent Buffer Amount, your payment at maturity per $1,000 principal amount note will be calculated as follows:
$1,000 + ($1,000 × Lesser Performing Index Return)
If the Final Value of either Index is less than its Initial Value by more than the Contingent Buffer Amount, you will lose more than 50% of your principal amount at maturity and could lose all of your principal amount at maturity.
Hypothetical Examples of Amounts Upon
Automatic Call or at Maturity**
Lesser
Performing
Index Return at
Review Date
Total Return at
First Review
Date*
Total Return at
Third Review
Date*
Total Return at
Fourth Review
Date*
Total Return at
Maturity if not
Automatically
Called
40.00% 12.75% 38.25% 51.00% 60.00%
20.00% 12.75% 38.25% 51.00% 30.00%
15.00% 12.75% 38.25% 51.00% 22.50%
5.00% 12.75% 38.25% 51.00% 7.50%
0.00%
12.75%
38.25%
51.00%
0.00%
-5.00%
N/A
N/A
N/A
0.00%
-20.00%
N/A
N/A
N/A
0.00%
-50.00%
N/A
N/A
N/A
0.00%
-50.01%
N/A
N/A
N/A
-50.01%
-60.00%
N/A
N/A
N/A
-60.00%
-80.00%
N/A
N/A
N/A
-80.00%
-100.00%
N/A
N/A
N/A
-100.00%
N/A – indicates that the notes would not be called on the applicable Review Date
and no payment would be made for that date.
* Reflects a call premium of 12.75% per annum. The call premium will be
determined on the Pricing Date and will not be less than 12.75% per annum.
** Not all Review Dates reflected. The hypothetical returns on the notes shown
above apply only if you hold the notes for their entire term or until automatically
called. These hypotheticals do not reflect fees or expenses that would be associated
with any sale in the secondary market. If these fees and expenses were included,
the hypothetical returns would likely be lower.
J.P. Morgan Structured Investments | 1 800 576 3529 | jpm_structured_investments@jpmorgan.com