New Issue: Citigroup prices $1 million buffer securities linked to three-index basket

Chicago, Nov. 30 – Citigroup Global Markets Holdings Inc. priced $1 million of 0% buffer securities due Nov. 30, 2023 linked to an equally weighted basket of the Dow Jones industrial average, Nasdaq-100 index and Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket index gains the payout at maturity will be par plus 300% of the basket return. Investors will receive par if the basket declines but ends above the 20% buffer and will lose 1% for every 1% that the basket 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 basket:	Dow Jones industrial average, Nasdaq-100 index and Russell 2000 index; equal weights
Amount:	$1,000,000
Maturity:	Nov. 30, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If basket gains, par plus 300% of basket return; par if basket declines but finishes above the 20% buffer; otherwise, exposure to decline in basket beyond buffer
Initial levels:	31,499.62 for Dow, 11,430.26 for Nasdaq, 1,748.397 for Russell
Buffer level:	80% of initial level
Upside leverage:	300%
Cap:	None
Buffer:	20%
Call:	Non-callable
Strike date:	Oct. 24, 2022
Pricing date:	Oct. 25, 2022
Settlement date:	Oct. 28, 2022
Agent:	Citigroup Global Markets Inc.
Fees:	0.22%
Cusip:	17330YEK2

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