New Issue: Citigroup sells $775,000 contingent barrier digital notes on S&P 500

Chicago, May 13 – Citigroup Global Markets Holdings Inc. priced $775,000 of 0% contingent barrier digital notes due Oct. 26, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than or equal to 75% of the initial index level, the payout at maturity will be par plus 5.48%.

If the final index level is less than the 75% barrier level, investors will lose 1% for every 1% that the index declines from its initial level.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as the placement agents.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Contingent barrier digital notes
Underlying index:	S&P 500 index
Amount:	$775,000
Maturity:	Oct. 26, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 5.48% unless index falls below barrier level, in which case 1% loss for every 1% that index declines from initial level
Initial level:	4,345.72
Barrier value:	3,259.29, 75% of initial level
Final level:	Average of index closing levels for five trading days ending Oct. 21, 2022
Strike date:	Oct. 5, 2021
Pricing date:	Oct. 6, 2021
Settlement date:	Oct. 12, 2021
Underwriter:	Citigroup Global Markets Inc. with J.P. Morgan Securities LLC and JPMorgan Chase Bank, NA as placement agents
Fees:	1%
Cusip:	17329U6Z9

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