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Published on 3/7/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $900,000 0% barrier securities linked to Nasdaq, Russell, S&P

Chicago, March 7 – Citigroup Global Markets Holdings Inc. priced $900,000 of 0% barrier securities due May 16, 2025 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.

If the worst performing index gains the payout at maturity will be par plus 139.35% of the worst performing index return. Investors will receive par if the worst performing index declines but ends above the 60% 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:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$900,000
Maturity:May 16, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 139.35% of worst performing index return; par if worst performing index declines but finishes above the 60% barrier; otherwise, exposure to decline in worst performing index
Upside leverage:139.35%
Cap:None
Initial levels:12,387.40 for Nasdaq, 1,792.666 for Russell, 4,023.89 for S&P
Final barriers:7,432.440 for Nasdaq, 1,075.600 for Russell, 2,414.334 for S&P, 60% of initial levels
Call:Non-callable
Pricing date:May 13, 2022
Settlement date:May 18, 2022
Agent:Citigroup Global Markets Inc.
Fees:0.75%
Cusip:17330FR94

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