New Issue: Citi sells $814,000 autocallable contingent coupon market-linked notes on indexes

Chicago, Jan. 30 – Citigroup Global Markets Holdings Inc. priced $814,000 of 0% autocallable contingent coupon equity-linked notes due May 2, 2025 linked to the worst performing of the Euro Stoxx 50 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.

Investors will receive a contingent quarterly coupon at a 7% annual rate if each index closes at or above its 73% coupon barrier on the relevant observation date. Previously unpaid coupons will also be paid.

The notes will be automatically called at par plus the coupon if each index closes at or above its initial level on any quarterly valuation date after six months.

If the notes have not been called and each index finishes at or above its 73% final barrier, the payout at maturity will be par plus the final coupon. Otherwise, investors will be exposed to the decline of the lesser-performing index from its initial level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Autocallable contingent coupon market-linked notes
Underlying indexes:	Euro Stoxx 50 index, S&P 500 index
Amount:	$814,000
Maturity:	May 2, 2025
Coupon:	7% per year, payable quarterly if each index closes at or above its coupon barrier on the corresponding observation date; previously unpaid coupons will also be paid
Price:	Par
Payout at maturity:	If each index finishes at or above coupon barrier, par plus final coupon; otherwise, 1% loss for each 1% decline of lesser-performing index from initial level
Call:	Automatically at par plus the coupon if each index closes at or above its initial level on any quarterly valuation date after six months
Initial levels:	3,802.86 for Stoxx, 4,131.93 for S&P
Coupon barriers:	2,776.088 for Stoxx, 3,016.309 for S&P; 73% of initial levels
Final barrier levels:	2,776.088 for Stoxx, 3,016.309 for S&P; 73% of initial levels
Pricing date:	April 29, 2022
Settlement date:	May 4, 2022
Underwriter:	Citigroup Global Markets Inc.
Fees:	2%
Cusip:	17330FS85

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