New Issue: Citi prices $143,000 dual directional buffer securities on basket of indexes

Chicago, April 25 – Citigroup Global Markets Holdings Inc. priced $143,000 of 0% dual directional buffer securities due Nov. 29, 2024 linked to an equally weighted basket of indexes consisting of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain of the basket, subject to a maximum return of 30%.

If the basket falls by up to 10%, the payout will be par plus the absolute value of the basket return.

Otherwise, investors will lose 1% for every 1% that the basket declines beyond the 10% buffer.

The notes are guaranteed by Citigroup Inc.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Dual directional buffer securities
Underlying basket:	S&P 500 and Russell 2000; equal weights
Amount:	$143,000
Maturity:	Nov. 29, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any gain of the basket, subject to a maximum return of 30%; if basket falls by up to 10%, par plus absolute value of basket return; otherwise, 1% loss for every 1% decline of basket beyond buffer
Initial levels:	3,978.73 for S&P and 1,799.164 for Russell
Buffer level:	90% of initial level
Pricing date:	May 25, 2022
Settlement date:	May 31, 2022
Underwriter:	Citigroup Global Markets Inc.
Fees:	2.75%
Cusip:	17330FDZ1

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