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Published on 12/7/2022 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $581,000 0% buffer securities linked to Dow, Russell, S&P

Chicago, Dec. 7 – Citigroup Global Markets Holdings Inc. priced $581,000 of 0% buffer securities due April 4, 2024 linked to the worst performing of the Dow Jones industrial average, 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 140% of the worst performing index return. Investors will receive par if the worst performing index declines but ends above the 5% buffer and will lose 1% for every 1% that the worst performing index 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 indexes:Dow Jones industrial average, Russell 2000 index and S&P 500 index
Amount:$581,000
Maturity:April 4, 2024
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 140% of worst performing index return; par if worst performing index declines but finishes above the 5% buffer; otherwise, exposure to decline in worst performing index beyond buffer
Upside leverage:140%
Cap:None
Initial levels:34,678.35 for Dow, 2,070.125 for Russell, 4,530.41 for S&P
Buffer levels:32,944.433 for Dow, 1,966.619 for Russell, 4,303.89 for S&P, 95% of initial levels
Call:Non-callable
Buffer:5%
Pricing date:March 31
Settlement date:April 5
Agent:Citigroup Global Markets Inc.
Fees:1%
Cusip:17330AMS8

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