Alerian MLP Index ETNs

Alerian MLP Index ETNs due January 28, 2044 is an exchange-traded note issued by JPMorgan Chase Financial Company LLC that provides exposure to the Alerian MLP Index. The note is designed to reflect the performance of a capped, float-adjusted, capitalization-weighted basket of North American master limited partnerships tied to midstream energy activities such as pipeline transportation, gathering, processing, storage, and related energy-commodity services. As an ETN, it is a debt instrument rather than a fund holding the underlying securities directly, and its returns are linked to the index performance after fees and related adjustments. Alerian MLP Index ETNs due January 28, 2044 is used by market participants seeking listed access to the energy infrastructure MLP segment through a single security with a defined maturity date.