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Published on 5/17/2023 in the Prospect News Structured Products Daily.

New Issue: Citigroup prices $825,000 0% barrier securities linked to Nasdaq, Russell

Chicago, May 17 – Citigroup Global Markets Holdings Inc. priced $825,000 of 0% barrier securities due July 27, 2023 linked to the worst performing of the Nasdaq-100 index and Russell 2000 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 300% of the worst performing index return subject to a maximum return of par plus 31.6%. Investors will receive par if the worst performing index declines but ends above the 85% 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:Nasdaq-100 index and Russell 2000 index
Amount:$825,000
Maturity:July 27, 2023
Coupon:0%
Price:Par
Payout at maturity:If worst performing index gains, par plus 300% of worst performing index return subject to a maximum return of par plus 31.6%; par if worst performing index declines but finishes above the 85% barrier; otherwise, exposure to decline in worst performing index
Upside leverage:300%
Cap:31.6%
Initial levels:11,527.71 for Nasdaq, 1,690.277 for Russell
Final barriers:9,798.554 for Nasdaq, 1,436.735 for Russell, 85% of initial levels
Call:Non-callable
Pricing date:June 22, 2022
Settlement date:June 27, 2022
Agent:Citigroup Global Markets Inc.
Fees:0.43%
Cusip:17330PQD4

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