Filed Pursuant to Rule 433

Registration No. 333-191692

Dated: February 26, 2014

Pricing Term Sheet

This term sheet supplements the information set forth under “Description of the Notes” in the Prospectus Supplement, subject to completion, dated February 26, 2014 to the Prospectus dated October 11, 2013.

Issuer:	JPMorgan Chase & Co.
Security:	3.190% Notes due 2021
Ratings*:	A3/A/A+
Currency:	Canadian Dollars (C$)
Size:	C$700,000,000
Security Type:	SEC Registered Senior Notes
Maturity:	March 5, 2021
Spread to GoC Benchmark Bond:	+128bps vs. the GoC curve interpolated between 3.50% June 1, 2020 and 3.25% June 1, 2021
Coupon:	3.190%
Payment Frequency:	Payable semi-annually in arrears in equal semi-annual installments
Day Count Convention:	Actual/Actual, Canadian Compound method (which means 30/360 for a full semi-annual fixed rate interest period). Periods less than a full interest period, Actual/365
Price to Public:	99.963% of face amount
Yield to Maturity:	3.196%
Proceeds (Before Expenses) to Issuer:	C$697,151,000 (99.593%)
Interest Payment Dates:	March 5 and September 5 of each year, commencing September 5, 2014
Business Day:	New York, London and Toronto
Additional Amounts:	Yes
Tax Redemption:	Any time at 100% of principal amount plus accrued interest and additional amounts
Trade Date:	February 26, 2014
Settlement Date:	March 5, 2014 (T+5)
Denominations	C$100,000 x C$10,000
CUSIP/ISIN:	41824BAE5 / CA48124BAE52

Bookrunners:	J.P. Morgan Securities Canada Inc. BMO Nesbitt Burns Inc. CIBC World Markets Inc. RBC Dominion Securities Inc.
Co-Managers:	National Bank Financial Inc. Scotia Capital Inc. TD Securities Inc.

* Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

Settlement Period: The closing will occur on March 5, 2014, which will be more than three U.S. business days after the date of this pricing term sheet. Rule 15c6-1 under the Securities Exchange Act of 1934 generally requires that securities trades in the secondary market settle in three business days, unless the parties to a trade expressly agree otherwise.

Sales Restrictions: This issue is available in Canada only as a private placement to “accredited investors” and in certain circumstances that are also “permitted clients.” Resales in Canada will be permitted only through a registered dealer or pursuant to an exemption from the dealer registration requirements of applicable provincial securities laws and in accordance with, or pursuant to an exemption from, the prospectus requirements of applicable provincial securities laws.

JPMorgan Chase & Co. has filed a registration statement (including a prospectus, as supplemented by a prospectus supplement) with the Securities and Exchange Commission, or SEC, for the offering to which this term sheet relates. Before you invest, you should read the prospectus in that registration statement, the prospectus supplement and any other documents relating to this offering that JPMorgan Chase & Co. has filed with the SEC for more complete information about 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, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling collect 1-212-834-4533.

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