New Issue: Citigroup prices $570,000 0% buffer securities linked to gold, silver trusts

Chicago, May 9 – Citigroup Global Markets Holdings Inc. priced $570,000 of 0% buffer securities due June 16, 2023 linked to the SPDR Gold Trust and iShares Silver Trust, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing ETF gains the payout at maturity will be par plus 113% of the worst performing ETF return. Investors will receive par if the worst performing ETF declines but ends above the 10% buffer and will lose 1% for every 1% that the worst performing ETF 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 ETFs:	SPDR Gold Trust and iShares Silver Trust
Amount:	$570,000
Maturity:	June 16, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If worst performing ETF gains, par plus 113% of worst performing ETF return; par if worst performing ETF declines but finishes above the 10% buffer; otherwise, exposure to decline in worst performing ETF beyond buffer
Upside leverage:	113%
Cap:	None
Initial levels:	$169.93 for gold, $19.50 for silver
Buffer:	10%
Buffer levels:	$152.937 for gold, $17.55 for silver, 90% of initial levels
Call:	Non-callable
Pricing date:	June 13, 2022
Settlement date:	June 16, 2022
Agent:	Citigroup Global Markets Inc.
Fees:	0.75%
Cusip:	17330P4Y2

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