Citigroup Inc 424B Filings

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable contingent coupon equity-linked senior notes maturing on August 29, 2031. Each security has a $1,000 principal and is linked to the worst performer of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index.

The notes pay a 0.5667% contingent coupon per month (about 6.80% per year) only if, on the relevant valuation date, the worst-performing index is at or above 70% of its initial value. The notes may be automatically called on specified dates if the worst-performing index is at or above its initial value, returning $1,000 plus the coupon.

If not called and the worst-performing index ends below its 70% final barrier, principal is reduced 1-for-1 with the index loss, down to zero. Investors forgo dividends, face Citigroup credit risk, limited liquidity, complex U.S. tax treatment (including possible 30% withholding for non-U.S. holders), and an initial estimated value of at least $900 per $1,000 note.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering Autocallable Equity Linked Securities tied to Apple Inc. and Space Exploration Technologies Corp., due February 18, 2028. Each security has a $1,000 stated principal amount and pays a fixed coupon of 4.375% per quarter (17.50% per annum) on specified dates, unless the notes are redeemed early.

The notes may be automatically called on several dates from November 2026 to November 2027 if the worst performing underlying is at or above its initial value, in which case investors receive $1,000 plus the coupon. If not called, principal repayment at maturity depends on the worst performer relative to a 50% final barrier and initial values, and in adverse scenarios investors receive underlying shares (or cash equivalent) that may be worth far less than $1,000, including the possibility of losing their entire principal. The issue price is $1,000, including a $15 underwriting fee and $985 in proceeds to the issuer, with an expected estimated value of at least $922 per security.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering Autocallable Barrier Securities linked to the worst performer of the Nasdaq-100 Index® and the SPDR® S&P 500® ETF Trust, with a stated principal amount of $1,000 per security and maturity on August 12, 2031.

The notes may be automatically redeemed early on valuation dates in 2027 or 2028 if the worst-performing underlying is at or above its premium threshold (102% and 104% of its initial value, respectively), paying $1,000 plus premiums of 13.05% or 26.10%.

If not redeemed early, at maturity investors receive upside exposure at a 100% participation rate to the worst-performing underlying if it finishes above its initial value, full principal repayment if it finishes between its initial value and its 80% barrier, and 1:1 downside loss if it finishes below the barrier, potentially down to zero. The issue price is $1,000 with an estimated value of $944.50 and an underwriting fee of $41.25 per security, and the securities are treated as prepaid forward contracts for U.S. tax purposes, subject to significant tax and market risks.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $6,472,000 of Contingent Income Callable Securities due August 10, 2028, each with a $1,000 principal amount. The notes are linked to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices and expose principal to market risk.

Holders may receive a 2.225% quarterly contingent coupon (8.90% p.a.) only if, on every trading day in the observation period, all three indices close at or above 60% of their initial levels. Citigroup may redeem the notes quarterly at par plus any coupon. At maturity, if not previously called, principal is fully returned only if the worst index finishes at or above its 60% downside threshold; otherwise repayment is reduced 1-to-1 with the index loss, potentially to zero. The estimated value is $976.60 per note, below the issue price, reflecting fees, hedging and funding costs.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering 25,517 Contingent Income Callable Securities due August 10, 2028, linked to the worst performer of the Nasdaq‑100 Index, Russell 2000 Index and S&P 500 Index. Each security has a $1,000 stated principal amount, for an aggregate offering of $25,517,000.

Investors may receive a 3.00% quarterly contingent coupon (12.00% per annum) per $1,000 security, but only if during the relevant observation period none of the indices closes below its coupon barrier level, set at 70.00% of its initial level. A single breach by any index in an observation period cancels that quarter’s coupon.

Citigroup may call the securities in whole on designated quarterly redemption dates, paying $1,000 plus any due coupon; if called, no further payments are made. If held to maturity and not redeemed, holders receive $1,000 per security if the final level of the worst performing index is at or above its downside threshold (also 70.00% of initial). If it is below, repayment is reduced 1‑for‑1 with that index’s negative return, down to a possible total loss of principal. The estimated value is $979.20 per security, below the $1,000 issue price, reflecting fees, hedging costs and the issuer’s internal funding rate.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering unsecured Medium-Term Senior Notes, Series N in the form of Callable Contingent Coupon Equity Linked Securities linked to the worst performer of the Dow Jones Industrial Average, Nasdaq-100 Index® and Russell 2000® Index, maturing August 17, 2029, unless called earlier.

Each security has a $1,000 stated principal amount and may pay a monthly contingent coupon of at least 0.8167% (about 9.80% per annum) only if, on the relevant valuation date, the worst-performing index is at or above its coupon barrier, set at 60% of its initial value. If the securities are not redeemed and, on the final valuation date, the worst-performing index is below its final barrier (also 60% of initial), repayment of principal is reduced one-for-one with the index decline, down to zero.

Citigroup may redeem the notes in whole on specified dates, paying $1,000 plus any due coupon, limiting future income. The notes are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., may have limited liquidity, and embed complex U.S. tax and potential 30% withholding outcomes for non-U.S. holders. The initial estimated value is expected to be below the issue price due to structuring and hedging costs.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $19,883,000 of Contingent Income Auto-Callable Securities with Memory Coupon linked to NVIDIA Corporation common stock, in denominations of $1,000 per security, maturing on August 10, 2029, unless redeemed earlier.

Investors may receive a 2.70% quarterly contingent coupon (10.80% per annum) per $1,000 security when NVIDIA’s closing price on a valuation date is at or above the downside threshold price of $111.98, which is 50.00% of the initial share price of $223.96. Missed coupons can be “remembered” and paid later if the threshold condition is subsequently met.

If on a potential redemption date NVIDIA’s price is at or above the initial share price, the notes are automatically redeemed for $1,000 plus the applicable contingent coupon (including any unpaid coupons). If held to maturity and NVIDIA finishes below the downside threshold, investors are fully exposed 1-to-1 to the share decline and can lose up to their entire principal. The estimated value at issuance is $976.40 per $1,000, below the issue price.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering Medium-Term Senior Notes, Series N in the form of callable contingent coupon equity-linked securities tied to the worst performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, maturing on August 24, 2029.

Investors may receive a contingent coupon of at least 1.025% of the $1,000 principal per period (at least 12.30% per annum) only if, on the relevant valuation date, the worst performing index is at or above 70% of its initial level. Principal protection is conditional: if at maturity the worst-performing index is below its 70% final barrier, repayment is reduced one-for-one with the index decline, down to a possible zero recovery.

The issuer may call the notes in whole on specified dates, paying $1,000 plus any due coupon, which can truncate income if markets are favorable. The issue price is $1,000, with up to $5.00 underwriting fee and at least $995.00 in proceeds per note; the estimated value on the pricing date is expected to be at least $938.50, reflecting structuring and hedging costs. The notes are unsecured obligations subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., may have limited or no secondary market, and involve complex U.S. tax and Section 871(m) considerations, including potential 30% withholding on coupons for many non-U.S. holders.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is issuing Autocallable Buffered Notes linked to the MSCI Emerging Markets Index (MXEF), each with a $1,000 stated principal amount and maturing on August 10, 2028, unless automatically redeemed earlier. The initial index level is 1,657.82, with a 20.00% buffer and a final buffer value of 1,326.256.

If on the August 20, 2027 valuation date the index closes at or above the initial value, the notes are automatically redeemed for $1,187.50 per note, reflecting an 18.75% premium, and investors forgo further upside. If held to maturity, investors receive principal plus leveraged upside at a 125.00% upside participation rate when the final index value is at or above the initial value, full principal repayment when it is between the buffer level and the initial value, and a magnified loss beyond the 20% buffer at a 125.00% downside rate. The issue price is $1,000 per note, with an estimated value of $984.10, underwriting fee of $15.00 per note, and proceeds to the issuer of $985.00 per note.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering Digital Plus Securities linked to the S&P 500 Futures Excess Return Index, part of its Medium-Term Senior Notes, Series N.

Each security has a $1,000 stated principal amount, priced on August 14, 2026 and maturing August 19, 2031. At maturity, if the index’s final value is at least its initial value, investors receive $1,000 plus the greater of a fixed $750 digital return (75%) or full upside participation based on the index return. If the index declines, repayment is $1,000 plus the index return on a 1-to-1 basis, exposing investors to the full downside and potential loss of all principal.

The expected estimated value on the pricing date is at least $931 per security, below the $1,000 issue price, reflecting internal funding and hedging costs. CGMI acts as underwriter, receiving up to $2.50 per security. The product offers leveraged, derivative-style exposure and for U.S. tax purposes is expected to be treated as a prepaid forward contract, with additional complexity for Non-U.S. holders under Section 871(m).

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering autocallable securities linked to the worst performing of the Dow Jones Industrial Average™, Russell 2000® Index and S&P 500® Index, maturing August 16, 2032. Each security has a $1,000 stated principal amount; total proceeds are $800,000 at issuance on August 14, 2026 after pricing on August 7, 2026.

The notes may be automatically redeemed on scheduled valuation dates if the worst performing index is at or above its autocall barrier (for example, 48,633.237 for the Dow, 2,731.045 for the Russell 2000 and 6,981.876 for the S&P 500), paying $1,000 plus a premium that steps up from 11.9375% to 57.3000% of principal. If not redeemed early, maturity payment depends solely on the worst performer on the final valuation date: investors receive $1,000 plus the final premium if it is at or above its final premium threshold, par if it is between the threshold and trigger, and $1,000 plus the index return if it is below the trigger (e.g., 40,527.698 for the Dow, 2,275.871 for the Russell 2000, 5,818.230 for the S&P 500), which can result in substantial principal loss.

The estimated value is $982.90 per security, below the $1,000 issue price, reflecting CGMI’s proprietary models and internal funding rate. Investors receive no dividends from the indices and face issuer and guarantor credit risk, market volatility risk, worst-of index risk and uncertain U.S. tax treatment, including discussed Section 871(m) considerations for non‑U.S. holders.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing autocallable securities linked to the worst performer of the Dow Jones Industrial Average™, Russell 2000® Index and S&P 500® Index, each with a $1,000 stated principal amount and total proceeds of $9,393,000.

The notes price on August 7, 2026, are issued August 14, 2026, and mature August 14, 2031, unless automatically redeemed. On scheduled valuation dates from 2027 to 2031, if the worst-performing index is at or above its autocall barrier, investors receive $1,000 plus a premium that starts at 10.100% and rises to 50.500% of principal.

If not called, maturity payment depends solely on the worst-performing index: full principal plus final premium if at or above its final premium threshold; principal only if between the threshold and trigger; or $1,000 plus index return (downside exposure) if below the trigger, which can result in significant loss and possibly no return of principal. The estimated value is $989.80 per $1,000 note, and holders do not receive dividends on the indices.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering unsecured Medium-Term Senior Notes, Series N, in the form of Callable Contingent Coupon Equity Linked Securities linked to the worst performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, maturing August 23, 2029. Each security has a $1,000 stated principal amount and pays a contingent coupon of at least 0.975% per period (equivalent to at least 11.70% per annum) only if, on the relevant valuation date, the worst performing index is at or above 75% of its initial value. Principal repayment is protected only if, on the final valuation date, the worst performing index is at or above its 75% final barrier; otherwise, investors lose 1% of principal for each 1% decline in that index and may lose their entire investment. The issuer may redeem the notes early on specified dates at $1,000 plus any due coupon, and the estimated value on the pricing date is expected to be at least $935.50 per security, below the $1,000 issue price. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. and the notes may have limited or no secondary market liquidity.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering callable contingent coupon equity‑linked senior notes due August 17, 2028, linked to the worst performer of the iShares MSCI EAFE ETF, the Russell 2000 Index and the State Street Energy Select Sector SPDR ETF. Each note has a $1,000 principal amount and may pay a contingent coupon of at least 0.9792% per period (about 11.75% per year) if, on the relevant valuation date, the worst performing underlying is at or above 70% of its initial value. Citigroup may redeem the notes in whole on specified dates at $1,000 plus any coupon. At maturity, if not called, investors receive $1,000 per note only if the worst performer is at or above 60% of its initial value; otherwise, repayment is reduced one‑for‑one with the decline of that underlying, potentially to $0. The notes do not pay dividends, have limited or no liquidity, are exposed to the credit risk of both issuers and to equity, sector, small‑cap and FX risks, and their estimated value on the pricing date is expected to be below the issue price.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured Medium-Term Senior Notes, Series N in the form of callable contingent coupon equity-linked securities tied to the worst performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index. Each security has a $1,000 stated principal amount and pays a contingent coupon of at least 0.9625% of principal per valuation period (at least 11.55% per annum) only if the worst-performing index on the relevant valuation date is at or above its coupon barrier of 70% of its initial value. At maturity, if not earlier redeemed and the worst-performing index is at or above its final barrier of 65% of its initial value, holders receive $1,000 plus any final coupon; otherwise, repayment is reduced 1-for-1 with the index loss, potentially to zero. Citigroup may redeem the notes early on specified dates at $1,000 plus any due coupon. The notes are subject to the credit risk of both issuers, limited liquidity, complex tax treatment and full downside exposure to sharp declines in the worst-performing index.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering unsecured Medium-Term Senior Notes in $1,000 denominations as callable contingent coupon equity-linked securities tied to the worst performer of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, maturing on August 17, 2029. The notes may pay a monthly contingent coupon of at least 0.8333% of principal (about 10.00% per annum) whenever the worst-performing index on a valuation date is at or above its coupon barrier.

Both the coupon barrier and final barrier for each index are set at 64.60% of its initial level; if, at maturity, the worst-performing index is below its final barrier, repayment of principal is reduced one-for-one with the index loss, down to zero. Citigroup may redeem the notes early on specified dates at $1,000 plus any due coupon. The notes are subject to the credit risk of both issuers, offer no dividends or upside participation in the indices, may have limited or no secondary market, and are expected to have an initial estimated value of at least $939.50 per $1,000, below the issue price due to structuring, distribution and hedging costs.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing autocallable equity-linked medium-term senior notes tied to Apple Inc. and Space Exploration Technologies Corp., due February 18, 2028, with a stated principal amount of $1,000 per security.

The notes pay a quarterly coupon of 4.375% of principal (17.50% per annum) as long as they remain outstanding. They are automatically called on specified dates from November 2026 through November 2027 if the worst-performing stock is at or above its initial value, returning $1,000 plus the coupon. At maturity, if not called and the worst-performing stock is at or above 50.00% of its initial value, investors receive $1,000 plus the final coupon; otherwise return depends on stock performance and may be underlying shares, exposing investors to substantial principal loss, up to a total loss.

The issue price is $1,000, including a $15 underwriting fee, with proceeds to the issuer of $985 per note. The estimated value on the pricing date is expected to be at least $922 per security, reflecting Citigroup Global Markets Inc.’s proprietary pricing models. The notes involve issuer and guarantor credit risk, complex payoff features, market volatility exposure and uncertain U.S. tax treatment, including potential implications under Section 871(m) for non-U.S. holders.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $800,000 of unsecured autocallable securities linked to the worst performer of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, each with a $1,000 stated principal amount and no interest payments.

Early redemption can occur on scheduled valuation dates from February 7, 2028 through February 7, 2031 if the worst performing index is at or above its autocall barrier of 85% of its initial value, paying principal plus a fixed premium that steps up from 14.475% to 48.25% by the final valuation date. If not called, at maturity on August 14, 2031 investors receive principal plus the final premium if the worst performer is at or above its autocall barrier, only principal if it is between the 75% final barrier and 85% autocall barrier, and 1‑for‑1 downside exposure below the final barrier, with potential loss of up to all invested principal. The securities are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., have limited liquidity, an initial estimated value of $982.90 per security, and are expected to be treated as prepaid forward contracts for U.S. tax purposes.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured autocallable securities linked to the worst performing of the Dow Jones Industrial Average, Russell 2000® Index and S&P 500® Index, maturing August 16, 2032, in $1,000 denominations with no interest payments.

The notes may be automatically redeemed on scheduled valuation dates from February 7, 2028 through August 9, 2032 if the worst performing index is at or above 90% of its initial value, paying $1,000 plus a fixed premium that steps from 15.00% to 60.00% of principal. If held to maturity and not called, investors receive $1,000 plus the final premium if the worst index is at or above 90% of its initial value, $1,000 if it is between 75% and 90%, and 1‑for‑1 downside below 75% with potential total loss of principal.

Initial index levels are 54,036.93 (Dow Jones Industrial Average), 3,034.494 (Russell 2000®) and 7,757.64 (S&P 500®). The total offering is $825,000, and the estimated value is $982.30 per $1,000 security, below the issue price. Investors are exposed to Citigroup credit risk, forego dividends on the indices and face limited or no secondary market liquidity.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is issuing Callable Contingent Coupon Equity Linked Securities linked to the worst performer of the Nasdaq‑100, Russell 2000 and S&P 500 indices, maturing on August 12, 2027, with a stated principal of $1,000 per security.

The notes pay a 0.75% contingent coupon per period (equivalent to 9.00% per annum) only if on each valuation date the worst-performing index is at or above its coupon barrier (70% of its initial level); otherwise no coupon is paid. If not called and at maturity the worst-performing index is at or above its final barrier (60% of its initial level), investors receive $1,000; if below, repayment is reduced one-for-one with the index loss, potentially to $0.

Citigroup may call the notes on specified dates, redeeming at $1,000 plus any due coupon, which can limit income. The total offering is $1,755,000 at a per‑note issue price of $1,000, an underwriting fee of $6.50, and an estimated value of $990.60, reflecting structuring and hedging costs. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. and the notes may have limited or no secondary market liquidity.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing callable contingent coupon equity-linked securities due August 10, 2029, linked to the worst performer of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index. Each security has a $1,000 principal amount and may pay a quarterly contingent coupon of 1.0083% (about 12.10% per annum) if, on the relevant valuation date, the worst-performing index is at or above 70% of its initial value.

Citi may redeem the notes in whole on specified dates at $1,000 plus any due coupon. If held to maturity and not redeemed, investors receive $1,000 per security only if the worst-performing index on the final valuation date is at or above 70% of its initial level; otherwise, repayment is reduced one-for-one with the index loss and can be zero. The offering size is $2,002,000, and the initial estimated value is $988.30 per security, below the issue price, reflecting structuring, hedging costs and Citi’s internal funding rate. The notes carry full credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., offer no downside protection below the barrier, no upside participation, and may have limited secondary market liquidity.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing Autocallable Contingent Coupon Equity Linked Securities linked to The Goldman Sachs Group, Inc. at $1,000 per security, maturing August 10, 2028, with a total offering of $814,000.

The notes pay a 2.65% quarterly contingent coupon (10.60% per annum) only if GS’s closing value on each valuation date is at or above the coupon barrier of $623.766 (60% of the $1,039.61 initial value). If, on specified autocall dates, GS is at or above the initial value, the notes are automatically redeemed at $1,000 plus coupon(s).

If not called, maturity repayment depends on GS at final valuation: full principal only if GS is at or above the final barrier of $623.766; otherwise repayment equals $1,000 plus $1,000 × underlying return, which can be as low as zero. Investors do not receive GS dividends, face limited liquidity, and bear the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The estimated value is $973.70 per security versus the $1,000 issue price.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $1,000 Callable Contingent Coupon Equity Linked Securities tied to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing on August 12, 2031 unless called earlier.

Investors may receive monthly contingent coupons of 1.3958% of principal (about 16.75% per year) only if, on each valuation date, the worst-performing index is at or above 80% of its initial level. Citigroup may redeem the notes in whole on specified dates, paying $1,000 plus any due coupon.

If the notes are not redeemed and on the final valuation date the worst-performing index is at or above its 80% final barrier, investors receive $1,000 plus any final coupon. If it is below that barrier, repayment is reduced one-for-one with the index loss, potentially down to $0. The notes are unsecured, subject to Citigroup’s credit risk, may have limited or no liquidity, carry complex tax treatment and have an estimated value of $998.10 per security, below the $1,000 issue price.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing callable contingent coupon equity-linked securities tied to the worst performing of the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing August 12, 2031. Each security has a $1,000 stated principal amount and pays a contingent coupon of 1.3417% per month (approximately 16.10% per annum) only if, on the relevant valuation date, the worst performing index closes at or above its coupon barrier, set at 80% of its initial level for each index.

If not previously redeemed, at maturity investors receive $1,000 per security if the worst performing index is at or above its 80% final barrier; otherwise the payoff is $1,000 plus $1,000 times that index’s return, exposing principal 1:1 to downside and potentially to a total loss. Citigroup may redeem the notes in whole on specified dates, paying $1,000 plus any due coupon. The notes are unsecured obligations subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., offer no dividends or upside participation in the indices, and may have little or no secondary market liquidity.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is issuing Autocallable Contingent Coupon Equity Linked Securities linked to the worst performing of the Dow Jones Industrial Average, Nasdaq‑100 Index® and Russell 2000® Index, maturing on February 10, 2028, with potential automatic early redemption on specified dates.

Each security has a $1,000 stated principal amount and pays a 0.75% contingent coupon per period (a 9.00% annualized rate) only if, on the relevant valuation date, the worst performing index is at or above its coupon barrier value, set at 70.00% of its initial value. The same 70.00% level is used as the final barrier value for principal protection at maturity.

If on a potential autocall date the worst performing index is at or above its initial value, the notes are automatically redeemed for $1,000 plus the contingent coupon, ending further payments. If not called, and on the final valuation date the worst performer is at or above its final barrier, investors receive $1,000 (plus any final coupon). If it is below the final barrier, repayment per note is $1,000 + ($1,000 × underlying return) of the worst performer, creating one‑for‑one downside exposure and possible total loss of principal and coupons.

The initial index levels are 54,036.93 for the Dow Jones Industrial Average, 29,722.30 for the Nasdaq‑100 Index® and 3,034.494 for the Russell 2000® Index. The total offering is $4,170,000, with an issue price of $1,000, an underwriting fee of $22.25 per note and proceeds to the issuer of $977.75 per note. The estimated value on the pricing date is $977.20, below the issue price, reflecting selling, structuring and hedging costs. Payments and market value are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., limited liquidity, complex payoff features, multiple‑index and small‑cap exposure, and uncertain U.S. tax treatment.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering Autocallable Contingent Coupon Equity Linked Securities linked to the worst performer of the Nasdaq‑100, Russell 2000 and S&P 500 indices, maturing on August 10, 2029, with automatic early redemption possible from August 2027 onward.

Each $1,000 security may pay a 0.9833% contingent monthly coupon (about 11.80% per annum) only if, on the relevant valuation date, the worst-performing index is at or above 75% of its initial level. Principal repayment at maturity is also protected only if the worst-performing index is at or above this final barrier; otherwise repayment is reduced one‑for‑one with the index loss, down to zero.

The initial index levels are 29,722.30 for the Nasdaq‑100, 3,034.494 for the Russell 2000 and 7,757.64 for the S&P 500, with barriers set at 75% of each. The issue price is $1,000 per security, including a $15.00 underwriting fee, versus an estimated value of $990.50, and the notes are unsecured obligations subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is issuing $1,000 autocallable securities linked to the worst performer of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index, maturing on August 16, 2032.

The notes may be automatically redeemed on scheduled valuation dates starting August 11, 2027 if the worst performing index is at or above 90% of its initial value, paying $1,000 plus a fixed premium that steps up from 10.05% to 60.30% of principal by the final valuation date.

If not called, at maturity investors receive: $1,000 plus the final premium if the worst index is at or above its 90% autocall barrier; $1,000 if it is below 90% but at or above the 75% final barrier; or a loss matching the full negative return of the worst index if it finishes below 75%, up to total loss of principal. The notes pay no interest, offer no dividends or upside beyond fixed premiums, are unsecured and subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The issue totals $7,811,000 and the estimated value per note at pricing is $988.70, below the $1,000 issue price.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable unsecured notes linked to the worst performing of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, maturing on August 12, 2031.

Each security has a $1,000 stated principal amount. The notes may be automatically redeemed on annual valuation dates starting in 2027 if the worst performing index is at or above its initial level, paying $1,000 plus a fixed premium that steps up from 9.70% to 48.50% by 2031. If not called, principal is protected only if the worst index on the final valuation date is at or above its 60% final barrier; otherwise repayment is reduced 1-for-1 with the index loss and can fall to zero.

The notes pay no interest, provide no dividends on the indices and have limited liquidity. All payments depend on the credit of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The issue price is $1,000 per note versus an estimated value of $954.40, reflecting underwriting, hedging costs and issuer funding.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering $1,000-denomination callable contingent coupon equity-linked securities due August 12, 2031, tied to the worst performer of the Nasdaq-100 Index, Russell 2000 Index and VanEck Semiconductor ETF. The notes pay a contingent coupon of 2.2708% of principal (about 27.25% per annum) on each scheduled payment date only if the worst-performing underlying on the prior valuation date is at or above its coupon barrier of 75% of its initial value; otherwise no coupon is paid.

At maturity, if not previously called, investors receive $1,000 per note only if the worst-performing underlying is at or above its final barrier of 60% of its initial value. If it is below that level, repayment of principal is reduced one-for-one with the underlying’s loss, potentially to zero, and no final coupon is paid. Citigroup may redeem the notes in whole on specified dates, paying $1,000 plus any due coupon. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and the securities may have limited or no secondary market liquidity.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering $4,985,000 of autocallable contingent coupon equity-linked securities tied to Eaton Corporation plc. Each $1,000 security pays a 0.9625% quarterly contingent coupon (11.55% per annum) only if Eaton’s closing value on the relevant valuation date is at or above the coupon barrier of $269.208, which is 60% of the $448.68 initial share value.

If the note is not called and the final Eaton value is below the same 60% final barrier, holders receive Eaton shares (or cash) worth less than principal and possibly zero, with no minimum maturity payment. The notes can be automatically redeemed from February 8, 2027 onward if Eaton is at or above the initial value, returning $1,000 plus the coupon but capping further income. The estimated value at issuance is $975.60 per $1,000, below the issue price, reflecting selling, structuring and hedging costs. Investors face Citigroup credit risk, potential lack of liquidity, complex and uncertain U.S. tax treatment, and the possibility of receiving no coupons over the life of the securities.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing $1,000 autocallable structured securities linked to the worst performing of the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index, maturing August 14, 2031, with no interest payments.

The notes may be automatically redeemed on scheduled valuation dates if the worst-performing index is at or above 85% of its initial level, paying $1,000 plus a fixed premium that steps up from 9.55% in 2027 to 47.75% in 2031. If held to maturity without autocall, investors receive (i) principal plus the final premium if the worst index is at or above its 85% barrier, (ii) principal only if it is between 75% and 85%, or (iii) a 1‑for‑1 loss with index decline below 75%, down to possible full loss of principal. Investors do not receive dividends, face limited liquidity, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The total offering size is $10,347,000, and the estimated value per note on the pricing date is $988.20, below the $1,000 issue price.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering callable Contingent Coupon Equity Linked Securities linked to the worst performing of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, maturing November 10, 2028, with a stated principal amount of $1,000 per security.

The notes pay a 1.05% contingent coupon per period (12.60% per annum) only if, on the relevant valuation date, the worst performing index is at or above its coupon barrier, set at 70% of its initial value. At maturity, if not called and the worst index is below its final barrier (also 70%), investors suffer a linear loss of principal, potentially down to zero. Citigroup may redeem the notes early at par plus any due coupon, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is issuing unsecured Medium-Term Senior Notes, Series N: callable contingent coupon equity-linked securities tied to the worst performer of the Nasdaq-100 Index®, Russell 2000® Index and State Street® Energy Select Sector SPDR® ETF, maturing August 29, 2030. The notes pay a contingent coupon of 1.0083% of principal per month (about 12.10% per annum) only if on each valuation date the worst-performing underlying is at or above 70% of its initial value. If not, no coupon is paid for that period. At maturity, if not previously called and the worst-performing underlying is at or above 60% of its initial value, investors receive the $1,000 principal per note; otherwise repayment is reduced one-for-one with the decline in that worst underlying, potentially to zero. Citigroup may redeem the notes early on specified dates at par plus any due coupon. The issue price is $1,000 per note, with up to $8 underwriting fee and at least $916 estimated value, and the notes carry Citigroup Global Markets Holdings Inc. and Citigroup Inc. credit and liquidity risk.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering callable contingent coupon equity-linked securities tied to the worst performer of the Dow Jones Industrial Average, the Nasdaq-100 Index® and the Russell 2000® Index, maturing on February 29, 2028.

The notes pay a 0.7333% monthly contingent coupon (≈8.80% per annum) only if, on each valuation date, the worst performing index is at or above its coupon barrier, set at 60% of its initial level. If not, no coupon is paid for that period. If the notes are not called and, on the final valuation date, the worst performing index is below its 60% final barrier, principal is reduced 1:1 with the index loss, potentially to zero; if at or above the barrier, investors receive the $1,000 principal back. Citigroup may redeem the notes early on specified dates at $1,000 plus any due coupon. The estimated value on the pricing date is expected to be at least $933 per $1,000 security, below issue price, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable contingent coupon equity-linked senior notes tied to Chipotle Mexican Grill, Inc. Each security has a $1,000 stated principal amount and pays a contingent coupon of 3.325% per quarter (13.30% per annum only if Chipotle’s closing value on the relevant valuation date is at or above a coupon barrier set at 65% of the initial value. The notes may be automatically called on specified dates if Chipotle’s value is at or above the initial value, returning $1,000 plus the applicable coupon. If not called and the final value is below the 65% final barrier, investors receive shares (or cash) worth less than principal, up to a total loss. The notes are unsecured, subject to the credit risk of Citigroup entities, may have limited or no liquidity, and carry complex U.S. tax and withholding consequences, especially for non‑U.S. holders.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable contingent coupon equity-linked securities tied to the iShares^® MSCI South Korea ETF, maturing on August 28, 2031. Each security has a stated principal of $1,000 and pays a contingent coupon of 0.9833% per period (about 11.80% per annum) only if the ETF’s closing value on the preceding valuation date is at or above a coupon barrier set at 50% of the initial value, with missed coupons potentially recouped later if the barrier is re‑met.

The notes are subject to automatic early redemption on specified dates if the ETF closes at or above its initial value, returning $1,000 plus the applicable coupon and ending further payments. If not called, principal repayment depends on the final ETF value: investors receive $1,000 only if it is at or above a 50% final barrier; otherwise repayment is $1,000 × (1 + underlying return), exposing holders to losses up to total principal. The estimated value on the pricing date is expected to be at least $873.50 per security, below the $1,000 issue price, reflecting structuring, hedging costs and Citigroup’s internal funding rate. The notes are unsecured, subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., may have limited or no secondary market, and involve complex U.S. tax and currency risks.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering autocallable, unsecured structured notes linked to the worst performing of the MSCI EAFE Index, MSCI Emerging Markets Index and S&P SmallCap 600 Index, due August 15, 2031. The notes have a $1,000 stated principal, pay no interest and may be automatically redeemed on scheduled valuation dates starting August 20, 2027 if the worst performing index is at or above its initial level, returning $1,000 plus a fixed premium for that date.

If the notes are not called, at maturity investors receive $1,000 plus the applicable premium if the worst index is at or above its initial level, $1,000 if it is between 80% and 100% of its initial level, and a loss beyond a 20% buffer if it is below 80%, with losses of 1% of principal for each 1% decline beyond the buffer. The minimum total premium ranges from 15.25% on the first call date to 76.25% on the final valuation date. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and the notes may have limited or no secondary market. The issuer estimates the initial value at at least $930.50 per $1,000, below the issue price, reflecting structuring, hedging costs and internal funding rates.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering Callable Contingent Coupon Equity Linked Securities due August 17, 2029, linked to the worst performing of the Nasdaq-100 Index®, the Russell 2000® Index and the State Street® Utilities Select Sector SPDR® ETF. Each security has a $1,000 stated principal amount.

The notes may pay a contingent coupon of at least 0.9292% per period (about 11.15% per annum) on scheduled dates, but only if the worst performing underlying on the prior valuation date is at or above its 70% coupon barrier. At maturity, if not earlier called, investors receive $1,000 per security only if the worst performing underlying is at or above its 65% final barrier; otherwise repayment is reduced one-for-one with the underlying loss and can fall to zero.

Citigroup may redeem the notes early on specified dates at $1,000 plus any due coupon. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The issuer expects the initial estimated value to be at least $927.50 per security, below the issue price, reflecting structuring, hedging costs and internal funding assumptions. The securities are designed for investors who understand equity-linked, worst-of, callable structures and can tolerate the risk of losing most or all of their investment.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering autocallable medium-term senior notes linked to the worst performer of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, each with a final barrier at 70.00% of its initial value and a $1,000 stated principal amount per security.

The notes pay no interest and may be automatically redeemed on scheduled valuation dates from August 17, 2027 through August 14, 2031 if the worst-performing index is at or above its initial value, returning $1,000 plus a premium starting at 10.65% and rising to at least 53.25% of principal if called on the final valuation date.

If not redeemed early and the worst-performing index finishes below its barrier, principal loss is 1:1 with the index decline and can reach 100%. The issue price is $1,000, with an underwriting fee of up to $41.25 and estimated value of at least $897.50 per security, and the notes are subject to the credit risk of both the issuer and Citigroup Inc.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering Autocallable Contingent Coupon Equity Linked Securities maturing August 17, 2028. Each security has a $1,000 stated principal and is linked to the worst performer of the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index.

The notes pay a contingent coupon of at least 0.75% per period (at least 9.00% per annum) only if, on each valuation date, the worst-performing index is at or above its coupon barrier, set at 60% of its initial value. Missed coupons can be later repaid if the barrier is subsequently met, but may be lost entirely.

The notes are subject to automatic early redemption on specified dates if the worst-performing index is at or above its initial level, in which case investors receive $1,000 plus applicable coupons. If not called and the worst performer ends below its 60% final barrier, principal is reduced one-for-one with the index decline, down to zero. The issue price is $1,000, including an underwriting fee of up to $4.00 per security, while the estimated value on the pricing date is expected to be at least $938.50, reflecting selling, structuring and hedging costs. The notes involve issuer and guarantor credit risk and may have little or no secondary market liquidity.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering callable contingent coupon equity‑linked Medium‑Term Senior Notes, Series N, each with a $1,000 stated principal amount, linked to the worst performing of the Dow Jones Industrial Average, the Nasdaq‑100 Index® and the Russell 2000® Index. The notes pay a contingent coupon of at least 2.8375% of principal per quarter (at least 11.35% per annum) only if, on the relevant valuation date, the worst performing index closes at or above 70% of its initial value; otherwise no coupon is paid. At maturity in August 2029, if not previously called, investors receive $1,000 per note if the worst index is at or above 60% of its initial value; otherwise they are repaid $1,000 plus the index return of the worst performer, exposing principal 1:1 to downside with no minimum, potentially to zero. Citigroup may redeem the notes early on specified dates at $1,000 per note plus any due coupon. The underwriter’s fee is up to $3 per $1,000 note, with at least $997 in proceeds per note to the issuer and an estimated initial value of at least $937.50, and the notes are subject to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering callable contingent coupon equity-linked senior notes maturing August 26, 2031, linked to the worst performer of the Nasdaq‑100, Russell 2000 and S&P 500 indices. The notes pay a contingent coupon of at least 1.225% per period (at least 14.70% annualized) only if, on each valuation date, the worst performing index is at or above its coupon barrier, set at 80% of its initial value. Citigroup may redeem the notes in whole on specified dates at $1,000 plus any due coupon, limiting upside if conditions are favorable.

At maturity, if not previously redeemed and the worst performer is at or above its 80% final barrier, investors receive $1,000 per note plus any final coupon; otherwise repayment is reduced one-for-one with the index loss and may fall to zero. The issue price is $1,000, with an expected estimated value of at least $938, proceeds to issuer of about $995 per note and an underwriting fee up to $5. The notes carry full Citigroup credit risk, no dividend participation, potentially limited liquidity, complex U.S. tax treatment and multiple risks highlighted in extensive risk-factor disclosure.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering callable contingent coupon equity-linked senior notes due August 24, 2028, linked to the worst performing of the Russell 2000 Index and the S&P 500 Index. Each security has a $1,000 stated principal amount and may pay a contingent coupon of at least 0.7917% per period (about 9.50% per annum) on scheduled dates, but only if the worst performing index on the prior valuation date is at or above 70% of its initial level.

If not called and at maturity the worst performing index is at or above 70% of its initial level, investors receive $1,000 per security (plus any final coupon). If it is below 70%, repayment is reduced one-for-one with the index decline, potentially to $0. The issuer may redeem the notes early on specified dates at $1,000 plus any due coupon. The estimated value on the pricing date is expected to be at least $943.50 per $1,000 note, below the $1,000 issue price, reflecting selling, structuring and hedging costs and the issuer’s internal funding rate. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and the notes are expected to have limited or no secondary market liquidity.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering unsecured Medium-Term Senior Notes titled Callable Contingent Coupon Equity Linked Securities linked to the Nasdaq-100®, Russell 2000® and S&P 500® indices, maturing August 17, 2028. Each security has a $1,000 stated principal amount and may pay a contingent coupon of at least 0.8917% per month (about 10.70% per annum) if, on the relevant valuation date, the worst performing index is at or above 70% of its initial level.

If not called and at maturity the worst performing index is at or above 60% of its initial level, investors receive $1,000 (plus any final coupon). If it is below 60%, repayment falls dollar‑for‑dollar with the decline, potentially to zero. Citigroup may redeem the notes early on specified dates at $1,000 plus any coupon. Investors face downside exposure to the worst performing index, no upside participation or dividends, significant liquidity constraints, and full credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., as well as complex and uncertain U.S. tax treatment.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering Callable Contingent Coupon Equity Linked Securities linked to the worst performing of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, due August 17, 2029. Each security has a $1,000 stated principal amount and pays a contingent coupon of at least 0.7792% per month (approximately at least 9.35% per annum) only if, on the relevant valuation date, the worst performing index is at or above its coupon barrier, set at 70% of its initial level.

If not called and held to maturity, investors receive $1,000 per security only if the worst performing index on the final valuation date is at or above its final barrier, set at 60% of its initial level; otherwise, repayment is reduced one-for-one with the index decline and can fall to zero. Citigroup may redeem the notes early on specified dates at $1,000 plus any due coupon. The notes are unsecured obligations subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., may have limited or no secondary market, and have an estimated value on the pricing date of at least $937.50 per $1,000, below the issue price, reflecting selling, structuring and hedging costs.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering callable contingent coupon equity-linked senior notes due August 22, 2029, linked to the worst performer of the Nasdaq-100®, Russell 2000® and S&P 500® indices. Each security has a $1,000 stated principal amount.

Investors may receive quarterly contingent coupons of at least 0.9333% of principal (about 11.20% per annum) only if, on the relevant valuation date, the worst-performing index is at or above 70.00% of its initial value. At maturity, if not previously called, principal is fully repaid only if the worst-performing index is at or above its 70.00% final barrier; otherwise repayment is reduced one-for-one with that index’s decline and can fall to zero.

Citigroup may redeem the notes early on specified dates at $1,000 plus any due coupon. The notes are unsecured obligations subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., may have limited or no liquidity, and are expected to have an initial estimated value of at least $932.50 per security, below the $1,000 issue price.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering medium-term senior autocallable contingent coupon equity-linked securities due August 17, 2029, linked to the worst performer of the Nasdaq‑100 Index®, the Russell 2000® Index and the State Street® SPDR® S&P® Regional Banking ETF.

The notes have a $1,000 stated principal amount per security, a pricing date of August 14, 2026, and may pay a contingent coupon of at least 0.7708% per period (about 9.25% per annum) when the worst-performing underlying on the relevant valuation date is at or above its 70% coupon barrier. If the worst-performing underlying ever finishes below its 60% final barrier at maturity (and the notes have not been called), principal is reduced one-for-one with the decline, potentially to zero, and no coupon (including catch-up) is paid at maturity.

The securities are subject to automatic early redemption on specified potential autocall dates beginning February 16, 2027 if the worst-performing underlying is at or above its initial level, in which case investors receive $1,000 plus the applicable coupon and any unpaid coupons. Underwriting fees are up to $29 per $1,000 security, with minimum issuer proceeds of $971 per security and an expected initial estimated value of at least $911. The product carries significant market, correlation, liquidity, tax and credit risk and is intended only for investors who understand structured notes and can tolerate loss of principal.

Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering Autocallable Contingent Coupon Equity Linked Securities linked to the worst performer of the Nasdaq‑100 Index®, Russell 2000® Index and S&P 500® Index, each with a $1,000 stated principal amount and maturing on August 21, 2031, subject to automatic early redemption. Investors may receive quarterly contingent coupons of at least 1.8875% of principal (at least 7.55% per annum) only if, on each valuation date, the worst performing index is at or above 75% of its initial level. If not called, principal repayment at maturity depends on the worst performing index: full principal is returned only if its final level is at or above 70% of its initial level; otherwise repayment is reduced one‑for‑one with the index decline, down to a possible zero recovery. The notes are unsecured, subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., include limited liquidity, and have an estimated value on the pricing date expected to be below the $1,000 issue price due to underwriting, hedging costs and internal funding assumptions.

Citigroup Global Markets Holdings Inc., fully guaranteed by Citigroup Inc., is offering Medium-Term Senior Notes, Series N that are autocallable securities linked to the worst performing of the Dow Jones Industrial Average, the Russell 2000® Index and the S&P 500® Index, due August 21, 2031. Each security has a $1,000 stated principal amount and pays no interest.

The notes can be automatically redeemed on scheduled valuation dates if the worst performing index is at or above its initial value, returning $1,000 plus a fixed premium that starts at 11.75% on August 18, 2027 and steps up to 58.75% on August 18, 2031. If not redeemed early, at maturity investors receive $1,000 plus the final premium if the worst performer is at or above its initial value, $1,000 if it is below the initial value but at or above 60.00% of that value, and $1,000 plus the index return (exposing investors 1-for-1 to losses) if it is below the 60% final barrier, with the potential to lose all principal.

Investors forgo dividends on the indices, face limited or no liquidity, and are exposed to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The estimated value on the pricing date is expected to be at least $935.00 per security, less than the $1,000 issue price.