New Issue: Citigroup prices $542,000 0% buffer securities linked to J&J, Procter

Chicago, May 10 – Citigroup Global Markets Holdings Inc. priced $542,000 of 0% buffer securities due June 20, 2023 linked to the common stocks of Johnson & Johnson and Procter & Gamble Co., according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing stock gains the payout at maturity will be par plus 200% of the worst performing stock return subject to a maximum return of par plus 11.2%. Investors will receive par if the worst performing stock declines but ends above the 30% buffer and will lose 1% for every 1% that the worst performing stock declines beyond the buffer.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Buffer securities
Underlying stocks:	Johnson & Johnson and Procter & Gamble Co.
Amount:	$542,000
Maturity:	June 20, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing stock gains, par plus 200% of worst performing stock return subject to a maximum return of par plus 11.2%; par if worst performing stock declines but finishes above the 30% buffer; otherwise, exposure to decline in worst performing stock beyond buffer
Upside leverage:	200%
Cap:	11.2%
Initial levels:	$172.55 for J&J, $141.95 for Procter
Buffer:	30%
Buffer levels:	$120.785 for J&J, $99.365 for Procter, 70% of initial levels
Call:	Non-callable
Pricing date:	June 14, 2022
Settlement date:	June 17, 2022
Agent:	Citigroup Global Markets Inc.
Fees:	0.45%
Cusip:	17330PUK3

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