February 26, 2026  Registration Statement Nos. 333-270004 and 333-270004-01; Rule 424(b)(3) 

Amendment no. 1 to pricing supplement dated December 30, 2025 to product supplement no. 3-I dated April 13, 2023, underlying supplement no. 

23-I dated August 28, 2023, the prospectus and prospectus supplement, each dated April 13, 2023, and the prospectus addendum dated June 3, 

2024

JPMorgan Chase Financial Company LLC 

Structured Investments 

Notes Linked to the J.P. Morgan Multi-Asset Index due 

January 5, 2029 

Fully and Unconditionally Guaranteed by JPMorgan Chase & Co. 

The section entitled “Comparable Yield and Projected Payment Schedule” in the pricing supplement dated December 30, 2025 

related to the notes referred to above (the “pricing supplement”), is amended, restated and superseded in its entirety by the 

section entitled “Comparable Yield and Projected Payment Schedule” in Annex A to this amendment. 

CUSIP: 48136LU23 

Investing in the notes involves a number of risks.  See “Risk Factors” beginning on page S-2 of the accompanying 

prospectus supplement, Annex A to the accompanying prospectus addendum, “Risk Factors” beginning on page PS-12 

of the accompanying product supplement, “Risk Factors” beginning on page US-4 of the accompanying underlying 

supplement and “Selected Risk Considerations” beginning on page PS-6 of the pricing supplement. 

Neither the Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved 

of the notes or passed upon the accuracy or the adequacy of this amendment, the pricing supplement or the accompanying 

product supplement, underlying supplement, prospectus supplement, prospectus and prospectus addendum.  Any representation 

to the contrary is a criminal offense. 

The notes 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. 

You should read this amendment together with the pricing supplement and the related product supplement, underlying 

supplement, prospectus supplement, prospectus and prospectus addendum, each of which can be accessed via the hyperlinks 

below.  Please also see “Additional Terms Specific to the Notes” in the pricing supplement. 

Pricing supplement dated December 30, 2025: 

http://www.sec.gov/Archives/edgar/data/19617/000121390026000338/ea0271546-01_424b2.htm 

Product supplement no. 3-I dated April 13, 2023: 

http://www.sec.gov/Archives/edgar/data/19617/000121390023029706/ea153081_424b2.pdf 

Underlying supplement no. 23-I dated August 28, 2023: 

http://www.sec.gov/Archives/edgar/data/19617/000121390023071317/ea160620_424b2.pdf  

Prospectus supplement and prospectus, each dated April 13, 2023: 

http://www.sec.gov/Archives/edgar/data/19617/000095010323005751/crt_dp192097-424b2.pdf 

Prospectus addendum dated June 3, 2024:  

http://www.sec.gov/Archives/edgar/data/1665650/000095010324007599/dp211753_424b3.htm 

A-1 | Structured Investments 

Notes Linked to the J.P. Morgan Multi-Asset Index 

Annex A 

Comparable Yield and Projected Payment Schedule 

We have determined that the “comparable yield” is an annual rate of 4.84%, compounded semiannually.  Based on our determination of 

the comparable yield, the “projected payment schedule” per $1,000 principal amount note consists of a single payment at maturity, 

equal to $1,154.30.  Assuming a semiannual accrual period, the following table sets out the amount of OID that will accrue with respect 

to a note during each calendar period, based upon our determination of the comparable yield and projected payment schedule.   

Calendar Period 

Accrued OID During 

Calendar Period (Per 

$1,000 Principal 

Amount Note) 

Total Accrued OID from Original 

Issue Date (Per $1,000 Principal 

Amount Note) as of End of 

Calendar Period 

January 5, 2026 through December 31, 2026………………. 

$48.30 

$48.30 

January 1, 2027 through December 31, 2027………………. 

$51.35 

$99.65 

January 1, 2028 through December 31, 2028………………. 

$53.87 

$153.52 

January 1, 2029 through January 5, 2029…………………... 

$0.78 

$154.30 

The comparable yield and projected payment schedule are determined solely to calculate the amount on which you will be 

taxed with respect to the notes in each year and are neither a prediction nor a guarantee of what the actual yield will be.  The 

amount you actually receive at maturity or earlier sale or exchange of your notes will affect your income for that year, as 

described above under “Treatment as Contingent Payment Debt Instruments.” 