New Issue: Citigroup prices $2.9 million 11% contingent income callable securities on indexes

Chicago, Feb. 8 – Citigroup Global Markets Holdings Inc. priced $2.9 million of contingent income callable securities due May 4, 2027 linked to the worst performing of the Nasdaq-100 index, Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 11%, paid quarterly, if each underlying index closes at or above its 75% coupon barrier on every day during the quarterly observation date.

The securities may be called at par on any quarterly potential redemption date starting after one year.

If the worst performing index gains or ends above its 70% downside threshold the payout at maturity will be par plus the contingent coupon. Investors will lose 1% for every 1% that the worst performing index declines if it finishes below its downside threshold level.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent. Morgan Stanley helped structure the notes.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Contingent income callable securities
Underlying indexes:	Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:	$2,902,000
Maturity:	May 4, 2027
Coupon:	11% annual rate, paid quarterly, if each underlying index closes at or above its 75% coupon barrier on every day during the quarterly observation date
Price:	Par
Payout at maturity:	If worst performing index finishes at or above its downside threshold level, par; 1% loss for every 1% that worst performing index declines if it finishes below its downside threshold level
Call:	At par on any quarterly potential redemption date starting after one year
Initial levels:	1,864.103 for Russell, 4,131.93 for S&P, 12,854.80 for Nasdaq
Downside thresholds:	1,304.872 for Russell, 2,892.351 for S&P, 8,998.36 for Nasdaq, 70% of initial levels
Coupon barriers:	1,398.077 for Russell, 3,098.948 for S&P, 9,641.1 for Nasdaq, 75% of initial levels
Pricing date:	April 29, 2022
Settlement date:	May 4, 2022
Agent:	Citigroup Global Markets Inc. with Morgan Stanley as structurer
Fees:	3%
Cusip:	17330FBW0

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