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Published on 3/13/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $524,000 market-linked securities linked to indexes

Chicago, March 13 – Citigroup Global Markets Holdings Inc. priced $524,000 of 0% market-linked securities due May 21, 2027 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 return of the worst performing index is positive, the payout at maturity will be par plus 102% of the worst performing index return. Otherwise, investors will be exposed to the decline in the worst performing index with a minimum payment of $950 per $1,000 note.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Market-linked securities
Underlying indexes:Nasdaq-100 index, Russell 2000 index and S&P 500 index
Amount:$524,000
Maturity:May 21, 2027
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 102% of index return; exposure to loss if worst performing index declines with a minimum payout of $950 per $1,000 note
Initial levels:11,928.31 for Nasdaq, 1,774.846 for Russell, 3,923.68 for S&P
Upside leverage:102%
Cap:None
Floor:95%
Pricing date:May 18, 2022
Settlement date:May 23, 2022
Agent:Citigroup Global Markets Inc.
Fees:1.125%
Cusip:17330FXE6

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