New Issue: Citigroup sells $222,000 buffer securities linked to S&P, Russell

Chicago, Aug. 15 – Citigroup Global Markets Holdings Inc. priced $222,000 of 0% buffer securities due Dec. 27, 2023 linked to the worst performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus 200% of any positive return of the laggard index up to a maximum of 25%.

If the laggard index falls by up to 10%, the payout will be par. Investors will lose 1% for each 1% decline beyond the 10% buffer.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Underlying indexes:	Russell 2000 index, S&P 500 index
Amount:	$222,000
Maturity:	Dec. 27, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any positive return of laggard index up to a maximum of 25%; par if laggard index falls by up to 10%; lose 1% for every 1% decline of laggard index beyond 10%
Initial levels:	2,202.947 for Russell, 4,649.23 for S&P
Buffer levels:	1,982.652 for Russell, 4,184.307 for S&P; 90% of initial levels
Pricing date:	Dec. 21, 2021
Settlement date:	Dec. 27, 2021
Underwriter:	Citigroup Global Markets Inc.
Fees:	1%
Cusip:	17329UT27

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