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Published on 12/1/2022 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $467,000 0% barrier securities linked to Russell 2000, S&P 500

Chicago, Dec. 1 – Citigroup Global Markets Holdings Inc. priced $467,000 of 0% barrier securities due March 22, 2027 linked to the worst performing of the Russell 2000 index and S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the worst performing index gains the payout at maturity will be par plus 160% of the worst performing index return. Investors will receive par if the worst performing index declines but ends above the 75% barrier and will lose 1% for every 1% that the worst performing index declines if it finishes below the barrier.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the agent.

Issuer:Citigroup Global Markets Holdings Inc.
Guarantor:Citigroup Inc.
Issue:Barrier securities
Underlying indexes:Russell 2000 index and S&P 500 index
Amount:$467,000
Maturity:March 22, 2027
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 160% of worst performing index return; par if worst performing index declines but finishes above the 75% barrier; otherwise, exposure to decline in worst performing index
Upside leverage:160%
Cap:None
Initial levels:2,065.019 for Russell, 4,411.67 for S&P
Final barriers:1,548.764 for Russell, 3,308.753 for S&P, 75% of initial levels
Call:Non-callable
Pricing date:March 17
Settlement date:March 22
Agent:Citigroup Global Markets Inc.
Fees:0.55%
Cusip:17330AVC3

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