New Issue: Citigroup prices $500,000 enhanced barrier digital plus notes linked to three stocks

Chicago, May 24 – Citigroup Global Markets Holdings Inc. priced $500,000 of 0% enhanced barrier digital plus securities due July 5, 2024 linked to the worst performing of the common stocks of Apple Inc., Bank of America Corp. and Berkshire Hathaway Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the final level of the lesser-performing stock is greater than or equal to its final barrier level, 70% of its initial level, the payout at maturity will be par plus 30.5%. Otherwise, investors will lose 1% for every 1% that the lesser-performing underlying declines from its initial level.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Enhanced barrier digital plus securities
Underlying stocks:	Apple Inc., Bank of America Corp. and Berkshire Hathaway Inc.
Amount:	$500,000
Maturity:	July 5, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If final level of lesser-performing underlying is greater than or equal to final barrier level, par plus 30.5%; otherwise, 1% loss for every 1% that lesser-performing underlying declines from initial level
Initial levels:	$139.23 for Apple, $31.86 for BofA, $273.49 for Berkshire
Final barrier levels:	$97.461 for Apple, $22.302 for BofA, $191.443 for Berkshire, or 70 % of initial levels
Pricing date:	June 29, 2022
Settlement date:	July 5, 2022
Underwriter:	Citigroup Global Markets Inc.
Fees:	1%
Cusip:	17330PL23

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