$JPM · JPMorgan Chase & Co.

JPMorgan Chase & Co. filed a preliminary pricing supplement for an offering of callable fixed rate notes due November 14, 2036. The notes are unsecured and unsubordinated obligations of JPMorgan Chase and pay interest at a fixed rate of 6.00% per annum. They are offered in minimum denominations of $1,000. Interest is payable annually in arrears on November 16 of each year, beginning November 16, 2027, with the final payment due at maturity. At maturity, if the notes have not been called, investors receive the principal amount plus any accrued and unpaid interest.

JPMorgan may redeem the notes in whole, but not in part, at its option on the 16th calendar day of May and November each year, beginning November 16, 2028 and ending May 16, 2036. If redeemed, investors would receive the principal amount plus accrued and unpaid interest. The expected pricing date is November 12, 2026, and the expected original issue date is November 16, 2026. Payments on the notes are subject to the credit risk of JPMorgan Chase, and the notes are not bank deposits or FDIC insured.