JPM · JPMorgan Chase & Co.

This 8-K discloses a procedural governance update: the Board of Directors approved amendments to JPMorgan Chase & Co.'s By-laws, effective April 21, 2026, focused exclusively on Article IX’s advancement provisions. The amendment introduces explicit contractual control by the Corporation over the terms and conditions governing advancement of legal fees and expenses to directors and officers — a shift from potentially unconditional or formulaic advancement to one expressly contingent upon and modifiable by corporate policy. While such updates align with evolving best practices in director indemnification and risk management, the filing contains no indication of triggering events (e.g., litigation, regulatory inquiry), no disclosure of revised thresholds, timelines, or substantive limitations, and no reference to financial impact, board composition changes, or strategic implications. The amendment is reflected in Exhibit 3.2, the marked-bylaws document, but the filing does not summarize new conditions — only their existence and the Corporation’s reserved right to set and alter them. For investors, this represents a routine, low-impact refinement to internal governance mechanics rather than a material operational, financial, or strategic development.