DEPOSIT GUARANTEE SCHEMES DIRECTIVE

For clients with deposits held in the United Kingdom

Your eligible deposits held with: J.P. Morgan SE, London Branch, J.P. Morgan Europe Limited, J.P. Morgan Securities plc or JPMorgan Chase Bank N.A., London Branch (each “J.P. Morgan”) are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme. The applicable limit relates to the combined amount in all the eligible depositor's accounts with J.P. Morgan. Any deposits you hold above the limit are unlikely to be covered.

For further information, please visit www.fscs.org.uk.

Balances held with J.P. Morgan SE, London Branch may also be protected as eligible deposits in accordance with and subject to the German Deposit Guarantee Act (Einlagensicherungsgesetz—EinSiG), for further information, please see below.

For clients with deposits held with J.P. Morgan SE or its branches

Balances held with J.P. Morgan SE and its branches may be protected as eligible deposits in accordance with and subject to the German Deposit Guarantee Act (Einlagensicherungsgesetz—EinSiG). For more information, please refer to the Information Sheet for the Depositor (Informationsbogen für den Einleger). Information about the statutory protection by the Entschädigungseinrichtung deutscher Banken GmbH can also be obtained on the website at www.edb-banken.de.

For further information about the additional protection by the Deposit Protection Fund of the Association of German Banks (Einlagensicherungsfonds des Bundesverbandes deutscher Banken e.V.), that is available to clients of J.P. Morgan SE with accounts in Frankfurt, clients can refer to the website at www.bankenverband.de/einlagensicherung.

For clients with deposits held with JPMorgan Chase Bank, N.A., Sucursal en España

Your eligible deposits with JPMorgan Chase Bank, N.A., Sucursal en España are protected up to a total of €100,000 by the “Fondo de Garantía de Depósitos de Entidades de Crédito” (“FGD”), the Spanish deposit guarantee scheme. The FGD may pay compensation to depositors if a bank is unable to meet its financial obligations. The applicable limit relates to the combined amount in all the eligible depositor’s accounts with JPMorgan Chase Bank, N.A., Sucursal en España. Any deposits you hold above the limit are unlikely to be covered.

For further information about the scheme (including amounts covered and eligibility to claim) please visit the FGD website www.fgd.es or ask your J.P. Morgan representative.

For clients with deposits held in France with JPMorgan Chase Bank, N.A. Paris Branch

Your eligible deposits held with JPMorgan Chase Bank, N.A. Paris Branch are protected up to a total of €100,000 by the Fonds de Garantie des Dépôts et de Résolution (FGDR), the French Deposit Guarantee Scheme. The applicable limit relates to the combined amount in all the eligible depositor’s accounts with JPMorgan Chase Bank, N.A. Paris Branch. Any deposits you hold above the limit are unlikely to be covered.

To learn more about the coverage of your eligible deposits, please refer to the FGDR practical factsheet.

For further information, please refer to the Information Sheet and visit the FGDR website: www.garantiedesdepots.fr

Pour les clients ayant des dépôts en France auprès de la succursale de JPMorgan Chase Bank, N.A. à Paris

Vos dépôts éligibles détenus par la succursale de JPMorgan Chase Bank, N.A. à Paris sont protégés à hauteur d’un montant maximum de €100.000 par le Fonds de Garantie des Dépôts et de Résolution (FGDR), le système français de garantie des dépôts. La limite applicable correspond au montant agrégé de tous les comptes éligibles du déposant avec la succursale de JPMorgan Chase Bank, N.A. à Paris. Il n’est pas garanti que tous dépôts que vous détiendriez au-delà de cette limite soient couverts.

Pour en savoir plus sur la protection de vos dépôts éligibles, veuillez consulter la fiche pratique du FGDR.

Pour plus d’information, veuillez vous référer à la fiche d’information et consulter le site du FGDR: www.garantiedesdepots.fr

For clients with deposits held in Italy with JPMorgan Chase Bank, N.A., Milan Branch

Your eligible deposits held with JPMorgan Chase Bank, N.A., Milan Branch are protected up to a total of €100,000 by the Fondo Interbancario per la Tutela dei Depositi (FITD), the Italian Deposit Guarantee Scheme. The applicable limit relates to the combined amount in all the eligible depositor’s accounts with JPMorgan Chase Bank, N.A., Milan Branch. Any deposits you hold above the limit are unlikely to be covered.

For further information, please refer to the Information Sheet and visit the FITD website: www.fitd.it