JPMorgan Euro Medium-Term Note Program

Davis Polk advised JPMorgan Chase & Co. in connection with the update of a Euro Medium-Term Note Program under which notes may be issued by JPMorgan Chase & Co. and JPMorgan Chase Bank, National Association and may be listed on the regulated market or the Global Exchange Market of Euronext Dublin. Under the program, up to $65 billion aggregate principal amount of notes issued by JPMorgan Chase & Co. and $25 billion aggregate principal amount of notes issued by JPMorgan Chase Bank, National Association may be outstanding at any one time. The notes under the program will be offered and sold pursuant to Regulation S under the Securities Act of 1933. J.P. Morgan Securities plc will act as the arranger and dealer under the program.

JPMorgan Chase & Co. is a leading global financial services firm with assets of $2.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

The Davis Polk corporate team included partner John B. Meade, counsel Marc D. Swenson and associate Sana Bargach. The financial institutions team included partner John Banes, counsel Daniel E. Newman and associate Dana E. Seesel. Partner Michael Farber and associates Omer Harel and Summer Xia provided tax advice. Counsel Charles Shi provided ERISA advice. Members of the Davis Polk team are based in the New York and London offices.