New Issue: Citigroup sells $750,000 equity-linked securities on S&P, Nasdaq

Chicago, April 25 – Citigroup Global Markets Holdings Inc. priced $750,000 of equity-linked securities due Nov. 30, 2023 tied to the least performing of the S&P 500 index and Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The notes carry a coupon of 7.7% per year, payable quarterly.

If the final level of each index is at least as great as 70% of its initial level, the payout at maturity will be par.

Otherwise, investors will lose 1% for each 1% loss in the worse performing index from its initial level.

Citigroup Global Markets Inc. is the underwriter.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Equity-linked securities
Underlying indexes:	S&P 500 index and Nasdaq-100 index
Amount:	$750,000
Maturity:	Nov. 30, 2023
Coupon:	7.7% annual rate, payable quarterly
Price:	Par
Payout at maturity:	If each index finishes at or above barrier, par; otherwise, 1% loss for each 1% decline of worse performer from initial level
Initial levels:	3,900.79 for S&P and 11,875.63 for Nasdaq
Downside threshold levels:	2,730.553 for S&P and 8,312.941 for Nasdaq; 70% of initial levels
Strike date:	May 19, 2022
Pricing date:	May 25, 2022
Settlement date:	May 31, 2022
Underwriter:	Citigroup Global Markets Inc.
Fees:	1.75%
Cusip:	17330FV57

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