New Issue: Citigroup sells $1.76 million 8.15% callable contingent coupon equity notes on S&P

Chicago, Oct. 16 – Citigroup Global Markets Holdings Inc. priced $1.76 million of callable contingent coupon equity linked securities due April 11, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will receive a coupon of 8.15% paid monthly if the index closes at or above its 70% coupon barrier on the related valuation date.

The securities may be called at par starting April 10, 2023 and on any subsequent monthly review date.

The payout at maturity will be par if the index ends at or above its 70% final barrier. Otherwise, investors will lose 1% for every 1% that the index declines.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Callable contingent coupon equity linked securities
Underlying index:	S&P 500 index
Amount:	$1,758,000
Maturity:	April 11, 2024
Coupon:	8.15% annual rate, paid monthly if the index closes at or above its 70% coupon barrier on the related valuation date
Price:	Par
Payout at maturity:	If index finishes at or above final barrier par; 1% loss for every 1% that index declines if it ends below final barrier
Call:	At par starting April 10, 2023 and on any subsequent monthly review date
Initial level:	3,639.66
Coupon barrier:	2,547.762, 70% of initial level
Final barrier:	2,547.762, 70% of initial level
Pricing date:	Oct. 7, 2022
Settlement date:	Oct. 13, 2022
Agent:	Citigroup Global Markets Inc.
Fees:	2.225%
Cusip:	17330RG82

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