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Published on 5/11/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $500,000 enhanced barrier digital securities linked to Dow, S&P

Chicago, May 11 – Citigroup Global Markets Holdings Inc. priced $500,000 of 0% enhanced barrier digital securities due June 24, 2025 linked to the worst performing of the Dow Jones industrial average and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index finishes above its 70% final barrier then the payout at maturity will be par plus the 26.5% digital payment. Otherwise, the notes will pay par less 1% for every 1% decline of the worst performing index.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Enhanced barrier digital securities
Underlying indexes:Dow Jones industrial average and S&P 500 index
Amount:$500,000
Maturity:June 24, 2025
Coupon:0%
Price:Par
Payout at maturity:If worst performing index finishes at or above its 70% final barrier, par plus 26.5% digital return; 1% loss for every 1% that worst performing index declines if it finishes below its final barrier
Initial levels:30,364.83 for Dow, 3,735.48 for S&P
Upside payment:26.5%
Final barriers:21,255.381 for Dow, 2,614.836 for S&P, 70% of initial levels
Pricing date:June 15, 2022
Settlement date:June 23, 2022
Agent:Citigroup Global Markets Inc.
Fees:2.75%
Cusip:17330PL64

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