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Published on 5/18/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $650,000 0% barrier securities linked to Dow, Nasdaq, S&P

Chicago, May 18 – Citigroup Global Markets Holdings Inc. priced $650,000 of 0% barrier securities due June 27, 2025 linked to the worst performing of the Dow Jones industrial average, Nasdaq-100 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains the payout at maturity will be par plus 173.5% of the worst performing index return. Investors will receive par if the worst performing index declines but ends above the 80% barrier and will lose 1% for every 1% that the worst performing index declines if it finishes below the barrier.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Barrier securities
Underlying indexes:Dow Jones industrial average, Nasdaq-100 index and S&P 500 index
Amount:$650,000
Maturity:June 27, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 173.5% of worst performing index return; par if worst performing index declines but finishes above the 80% barrier; otherwise, exposure to decline in worst performing index
Initial levels:31,500.68 for Dow, 12,105.85 for Nasdaq, 3,911.74 for S&P
Final barriers:25,200.544 for Dow, 9,684.680 for Nasdaq, 3,129.392 for S&P, 80% of initial levels
Upside leverage:173.5%
Cap:None
Call:Non-callable
Pricing date:June 24, 2022
Settlement date:June 29, 2022
Agent:Citigroup Global Markets Inc.
Fees:0.3%
Cusip:17330PD89

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