New Issue: Citigroup sells $500,000 geared buffer securities tied to S&P, Dow

Chicago, Sept. 21 – Citigroup Global Markets Holdings Inc. priced $500,000 of 0% geared buffer securities due Sept. 18, 2025 linked to the worst performing of the Dow Jones industrial average and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The payout at maturity will be par plus 1.08 times any gain of the least performing index.

Investors will receive par if the laggard index falls by up to 30% and will lose 1.428571% per 1% drop of the laggard index beyond 30%.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Geared buffer securities
Underlying indexes:	S&P 500 index and Dow Jones industrial average
Amount:	$500,000
Maturity:	Sept. 18, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 108% of any gain of laggard index; par if laggard index declines by up to 30%; 1.428571% loss for every 1% decline of laggard index beyond 30%
Initial index level:	3,946.01 for S&P, 31,135.09 for Dow
Buffer level:	2,762.207 for S&P, 21,794.563 for Dow, 70% of initial level
Pricing date:	Sept. 14, 2022
Settlement date:	Sept. 19, 2022
Underwriter:	Citigroup Global Markets Inc.
Fees:	0.3%
Cusip:	17330RV44

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