All stock purchased on your behalf is held in your account. If you need access to your shares while still participating in the plan, you may request a withdrawal at any time. A withdrawal involves removing the applicable whole shares of stock from the Employee Stock Purchase Plan and transferring those shares into a book-entry common stock account. You may withdraw shares from your account at any time and keep your account open without penalty. However, the dividends on the withdrawn shares will be paid in cash and will no longer be used to buy shares of JPMorgan Chase common stock at a 5% discount.

Important information on withdrawing shares from your plan account is provided below.

There are a number of reasons you might wish to make a withdrawal. For example, you might want to sell some or all of the shares of stock you own. Although you can sell shares through the Employee Stock Purchase Plan, if you do, your plan participation will end for that year and all cash and shares in your account will be distributed to you. (For more information on selling shares through the plan, please see "If You Sell Shares Through the Plan.")

Alternatively, you can withdraw shares from your Employee Stock Purchase Plan account and transfer these shares to a book-entry common stock account at Bank of New York Mellon Shareowner Services (BNY Mellon). As soon as your book-entry common stock account is established, you may sell the shares credited to this account by contacting BNY Mellon directly at 1-800-758-4651. This will allow you to continue plan participation. You'll be charged a $15 transaction fee plus commissions of $.05 per share sold. Please Note: These fees are subject to change.

You might want to transfer ownership of the stock. For example, you might want to transfer shares to your spouse or your children, or to someone else as a gift. (Please Note: Such a transfer may have tax consequences.) By law, the stock purchased under the Employee Stock Purchase Plan can be held in your name only.

If you are withdrawing the stock and transferring it to a book-entry common account, you may contact BNY Mellon directly at 1-800-758-4651 and ask that a stock transfer package be sent to you. You may then make arrangements to transfer ownership as you choose.

Withdrawing shares from the plan does not affect your plan participation. You may continue to contribute to your Employee Stock Purchase Plan account, and stock will continue to be purchased on your behalf. Dividends on the shares remaining in your Employee Stock Purchase Plan account will be used to purchase shares at the 5% discount price.

Once your shares are withdrawn from the plan, any dividends payable on those shares will not be reinvested to purchase additional shares at the plan's 5% discounted price.

To transfer shares to a book-entry common stock account, simply follow the instructions on the reverse side of your account statement from BNY Mellon.