North America Structured Investments 2yr SPX Capped Buffered Return Enhanced Note 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 Underlying: S&P 500 Index Underlying Ticker: SPXUpside Leverage Factor: 2.00 Maximum Return: [19.25% - 23.25%]* Buffer Amount: 10.00% Underlying Return: (Final Value - Initial Value) / Initial Value Initial Value: The closing level of the Underlying on the Pricing Date Final Value: The closing level of the Underlying on the Observation Date Pricing Date: May 31, 2018 Observation Date: May 26, 2020 Hypothetical Returns on the Notes at Maturity** Note Payoff at Maturity Index Peformance$1,300 $1,200 $1,100 $1,000 $900 $800 $700 -30% -20% -10% 0% 10% 20% 30% Index Return Hypothetical Hypothetical Maturity Date: May 29, 2020 Underlying CUSIP: 48129MNS1 Return Hypothetical Note Return Payment at Maturity Preliminary Pricing Supplement: http://sp.jpmorgan.com/document/cusip/48129MNS1/doctype/Product_Termsheet/document.pdf For information about the estimated value of the notes, which likely will be lower than the price you paid for the notes,see the hyperlink above. Certain Product Characteristics If the Final Value of the Underlying is greater than its Initial Value, you will receive a cash payment that provides youwith a return per $1,000 principal amount note equal to the Underlying Return multiplied by the Upside Leverage 80.00% 19.25% $1,192.50 50.00% 19.25% $1,192.50 40.00% 19.25% $1,192.50 25.00% 19.25% $1,192.50 15.00% 19.25% $1,192.50 9.63% 19.25% $1,192.50 Factor, subject to the Maximum Return on the notes. 5.00% 10.00% $1,100.00 If the Final Value of the Underlying is equal to or less than its Initial Value by up to the buffer amount, you will receive the principal amount of your notes at maturity. If the Underlying declines from its Initial Value by greater than the 0.00% 0.00% $1,000.00 Buffer Amount, you will lose 1% of the principal amount of your notes for every 1% that the Underlying has declinedbeyond the Buffer Amount. Any payment on the notes is subject to the credit risk of JPMorgan Chase Financial Company LLC, as issuer of thenotes and the credit risk of JPMorgan Chase & Co., as guarantor of the notes. * To be determined on the Pricing Date, but not less than 19.25% or greater than 23.25% ** Reflects a Maximum Total Return of 19.25% for illustrative purposes. The hypothetical returns and hypothetical paymentson the Notes shown above apply only at maturity. 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 andhypothetical payments shown above would likely be lower. -10.00% 0.00% $1,000.00 -15.00% -5.00% $950.00 -30.00% -20.00% $800.00 -40.00% -30.00% $700.00 -100.00% -90.00% $100.00 J.P. Morgan Structured Investments | 1 800 576 3529 | jpm_structured_investments@jpmorgan.com