Citigroup Inc 424B Filings

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering unsecured, guaranteed structured notes linked to the worst performing of the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, maturing July 27, 2028. Each note has a $1,000 principal amount.

The notes pay a contingent coupon of 0.9167% of principal per month (about 11.00% per annum) on scheduled dates only if, on the prior valuation date, the worst performing index is at or above 70% of its initial level (the coupon barrier). Citigroup may redeem the notes in whole on specified dates starting in 2027 at $1,000 plus any due coupon.

If not redeemed, at maturity investors receive $1,000 per note only if the worst performing index is at or above its 70% final barrier; otherwise, repayment is reduced 1-for-1 with the decline of that index and can fall to zero, with no final coupon. Investors do not receive dividends or upside participation in the indices. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The issue price is $1,000, while the estimated value is $986.40 per note, reflecting structuring and hedging costs.

CITIGROUP INC (C), via Citigroup Global Markets Holdings Inc., is offering autocallable contingent coupon equity-linked securities due July 27, 2028, in $1,000 denominations linked to the worst performer of the Nasdaq-100, Russell 2000 and S&P 500 indices. The total stated principal amount is $3,833,000, with issue price $1,000 and proceeds to the issuer of $977.75 per security.

Investors may receive a contingent coupon of 0.7375% per month (8.85% p.a.) only if, on each valuation date, the worst-performing index is at or above 75% of its initial level. At maturity, if not called and the worst index is at or above 70% of its initial level, investors receive $1,000; otherwise repayment is reduced 1-for-1 with the index loss, potentially to zero. The notes can be automatically called early if, on specified autocall dates, the worst index is at or above its initial level, paying $1,000 plus the coupon.

The securities do not pay dividends, do not participate in any index upside, are subject to the full downside of the worst index below the barrier, and carry the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. Liquidity may be limited, the initial estimated value is $973 per security (below issue price), and the U.S. tax treatment is uncertain, including potential 30% withholding for some non-U.S. holders.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering autocallable contingent coupon equity-linked securities tied to the worst performer of the Dow Jones Industrial Average, the Russell 2000 Index and the S&P 500 Index, maturing August 28, 2031. Each security has a $1,000 stated principal amount and pays a contingent coupon of 1.8375% of principal per valuation period (equivalent to 7.35% per annum) only if, on the relevant valuation date, the worst-performing index is at or above its coupon barrier, set at 75% of its initial level.

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 the contingent coupon and the investment ends. If not called, repayment of principal at maturity depends solely on the worst-performing index: if it is at or above its final barrier (also 75% of initial), investors receive full principal; if below, principal is reduced one-for-one with the index loss, potentially to zero, and no final coupon is paid.

The underwriting fee is up to $41 per security, leaving minimum proceeds of $959 per security to the issuer, with aggregate proceeds of $917,763 on a $957,000 total offering. The estimated value on the pricing date is $948.80 per security, below the issue price, reflecting selling, structuring, and hedging costs and the use of an internal funding rate. The securities carry the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., may have limited or no secondary market liquidity, and involve complex downside, correlation, volatility, and tax risks, including potential U.S. withholding for non-U.S. holders.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering unsecured Callable Contingent Coupon Equity Linked Securities linked to the worst performer of the Nasdaq‑100 Index, Russell 2000 Index and S&P 500 Index, maturing on August 29, 2029 and fully and unconditionally guaranteed by Citigroup Inc.

The notes have a stated principal of $1,000 per security and pay a contingent coupon of 0.9583% per month (about 11.50% per annum) only if, on each valuation date, the worst performing index is at or above its coupon barrier set at 70% of its initial level. If the notes are not called and, on the final valuation date, the worst-performing index is below its 70% final barrier, principal is reduced 1% for each 1% index decline, down to zero.

Citigroup may redeem the notes in whole on specified dates by paying $1,000 plus any due coupon. The total offering is $6,912,000, with an estimated value of $985.30 per note, reflecting structuring, distribution and hedging costs. Investors face issuer and guarantor credit risk, index volatility and correlation risk, potential loss of all principal, uncertain tax treatment and limited or no secondary market liquidity.

CITIGROUP INC (C), via its wholly owned subsidiary Citigroup Global Markets Holdings Inc., is offering callable contingent coupon equity-linked senior notes linked to the worst performer of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, guaranteed by Citigroup Inc. The notes have a stated principal amount of $1,000 per security, price and issue on September 4, 2026, and mature on April 5, 2027, unless redeemed earlier.

The notes pay a quarterly contingent coupon of 0.6667% of principal (about 8.00% per annum) only if, on the relevant valuation date, the worst-performing index is at or above 70% of its initial value. Principal repayment is also conditional: if at final valuation the worst-performing index is below 70% of its initial value, repayment is reduced one-for-one with that index’s loss, potentially to zero. Citigroup may call the notes on specified dates at par plus any due coupon. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., the notes are expected to have limited or no liquidity, and the estimated value on the pricing date is expected to be below the issue price due to selling, structuring and hedging costs.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering autocallable medium-term senior notes linked to the worst performing of the Nasdaq-100 Index, the Russell 2000 Index and the State Street Utilities Select Sector SPDR ETF, fully and unconditionally guaranteed by Citigroup Inc.

Each security has a $1,000 stated principal amount, pricing on August 31, 2026, issuing on September 3, 2026 and maturing on September 6, 2029, unless automatically redeemed earlier. The notes pay no interest and your return depends solely on the worst performer among the three underlyings on scheduled valuation dates. If, on any non-final valuation date, the worst performer is at or above its initial value, the notes are automatically redeemed for $1,000 plus a fixed premium for that date, starting at 18.60% on September 1, 2027 and rising by steps to 55.80% on August 31, 2029.

If not called, at maturity you receive (i) $1,000 plus the final premium if the worst performer is at or above its initial value; (ii) $1,000 if it is below its initial value but at or above 70% of its initial value (the final barrier); or (iii) $1,000 plus 1-to-1 exposure to its negative return if it is below the barrier, which can reduce repayment to zero. The estimated value on the pricing date is expected to be at least $918 per security, below the issue price, and the notes are subject to Citigroup Global Markets Holdings Inc. and Citigroup Inc. credit risk, limited liquidity, complex payoff features and uncertain U.S. tax treatment.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering medium-term senior notes called Callable Contingent Coupon Equity Linked Securities linked to the worst performing of the Russell 2000® Index and the S&P 500® Index, guaranteed by Citigroup Inc.

The notes have a stated principal of $1,000 per security, price on September 11, 2026, and mature on September 16, 2031, unless called earlier. They pay a contingent coupon of 1.9625% per quarter (equivalent to 7.85% per annum) only if, on the relevant valuation date, the worst performing index is at or above its coupon barrier value, set at 55.00% of its initial value. If this condition is not met, no coupon is paid for that period.

Citigroup may redeem the notes in whole on specified quarterly dates starting March 2027, paying $1,000 plus any due coupon per note. If not called, maturity payment depends solely on the worst performing index on the final valuation date: if it is at or above its final barrier value (also 55% of initial), investors receive $1,000; if below, they receive $1,000 plus $1,000 times the index return, potentially losing most or all principal and receiving no final coupon. The estimated value on the pricing date is expected to be at least $927.50 per $1,000 note, below the issue price, reflecting selling, structuring and hedging costs. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and the issuer warns of limited or no liquidity, complex tax treatment and extensive downside risk.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering medium-term senior unsecured notes called Callable Contingent Coupon Equity Linked Securities linked to the worst performing of the Russell 2000® Index and the S&P 500® Index, guaranteed by Citigroup Inc. Each security has a $1,000 stated principal amount, priced on September 11, 2026 and maturing September 16, 2031, unless earlier redeemed.

The notes pay a contingent coupon of 1.7125% per quarter (6.85% per annum) only if, on the relevant valuation date, the worst performing index is at or above its coupon barrier, set at 55% of its initial valuedown to zero.

Citigroup may call the notes in whole on specified potential redemption dates, paying $1,000 plus any due coupon. The issue price is $1,000, including up to a $15 underwriting fee, with minimum proceeds to the issuer of $985 per security and an expected estimated value of at least $921 based on internal models. The notes carry Citigroup Global Markets Holdings Inc. and Citigroup Inc. credit risk, have limited or no assured secondary liquidity, and involve complex market, correlation and tax risks, including potential 30% U.S. withholding on coupons for certain non-U.S. holders.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering medium-term senior autocallable contingent coupon market-linked notes due September 30, 2036, linked to the Nasdaq-100 Futures 35% Edge Volatility 6% Decrement™ Index ER and fully and unconditionally guaranteed by Citigroup Inc.

The notes have a $1,000 stated principal amount and pay a monthly contingent coupon of 0.8042% of principal (about 9.65% per annum) only if the index is at or above a coupon barrier set at 75% of its initial value on the relevant valuation date. From late 2028, if on specified potential autocall dates the index is at or above its initial value, the notes are automatically redeemed at $1,000 plus the coupon, ending future payments.

The underlying index is a Citi-designed, volatility-targeting, leveraged futures-based strategy with a 35% volatility target and a 6% per annum decrement, and may significantly underperform the Nasdaq-100 Index®. The notes are unsecured obligations subject to Citigroup credit risk, will not be listed on any exchange, involve complex index and tax features, and may have limited or no secondary market liquidity.

CITIGROUP INC (C), through its subsidiary Citigroup Global Markets Holdings Inc., is offering preliminary medium-term senior autocallable notes linked to the Nasdaq-100 Futures 35% Edge Volatility 6% Decrement™ Index ER, fully and unconditionally guaranteed by Citigroup Inc.

Each security has a $1,000 stated principal and may be automatically redeemed on scheduled valuation dates from September 2027 through September 2036 if the index level is at or above its initial value, paying $1,000 plus a growing premium that reaches 245% of principal at the final valuation date. If the notes are not called and, at maturity in 2036, the index is below its initial value but at or above 50% of the initial value, investors receive $1,000; if it is below 50%, the payoff is $1,000 plus the underlying return, giving 1-to-1 downside exposure and potentially a total loss.

The issue price is $1,000, including a $50 underwriting fee and $950 in proceeds to the issuer; the estimated value on the pricing date is expected to be at least $852.50. Investors do not receive dividends on the underlying and face complex risks, including limited performance history of the index, potential significant underperformance versus the Nasdaq-100 Index®, illiquidity, early redemption at a model-determined fair value if certain index modifications occur, and substantial U.S. tax uncertainty, including possible treatment as a debt instrument or implications under Section 871(m) for non-U.S. holders.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering autocallable contingent coupon equity-linked securities linked to the Nasdaq-100 Futures 35% Edge Volatility 6% Decrement™ Index ER, fully and unconditionally guaranteed by Citigroup Inc. Each security has a $1,000 stated principal amount, a pricing date of September 14, 2026, issue date of September 17, 2026, and final maturity on September 22, 2036 unless called earlier. Investors may receive a 1.1875% monthly contingent coupon (about 14.25% per annum) only when the underlying’s closing value on the prior valuation date is at or above the coupon barrier, set at 60% of the initial underlying value; otherwise no coupon is paid. If the note is not redeemed early and the final index value is at least the 50% final barrier, principal is repaid at $1,000; if below the final barrier, repayment equals $1,000 plus $1,000 times the index return, exposing investors to substantial downside and possible total loss. An automatic early redemption feature from September 17, 2027 can return $1,000 per security (plus any due coupon) if the underlying closes at or above its initial value during the autocall period, which can limit total coupons received. The issue price is $1,000 with a $50 underwriting fee and expected estimated value of at least $856 per security, reflecting structuring and hedging costs. The customized underlying index is administered by an affiliate, uses volatility targeting up to 500% leverage and a 6% decrement, and is expected to underperform the Nasdaq-100 Index® under many conditions; the prospectus emphasizes complex risks, limited history, model- and tax-related uncertainties, potential early redemption on index methodology changes, and the possibility of receiving no coupons and significantly less than principal at maturity.

CITIGROUP INC (C), via Citigroup Global Markets Holdings Inc., is offering unsecured Medium-Term Senior Notes titled Enhanced Barrier Digital Securities linked to NVIDIA Corporation (NVDA), due September 30, 2027. The notes pay no interest and repay an amount at maturity based on NVDA’s performance.

Each security has a $1,000 stated principal amount and offers a fixed digital return amount of at least $110.50 (at least 11.05%) if the final NVDA value on September 27, 2027 is at or above a final barrier value equal to 60% of the initial NVDA value. If NVDA closes below this barrier, repayment equals $1,000 plus $1,000 times the underlying return, giving full 1‑for‑1 downside exposure and potential loss of the entire investment.

The notes are fully and unconditionally guaranteed by Citigroup Inc. The issue price is $1,000 per security, including an underwriting fee of up to $7.50, with minimum per‑security proceeds to the issuer of $992.50. Citigroup Global Markets Inc. estimates the value on the pricing date will be at least $927.50 per security, below the issue price. Investors forgo NVDA dividends, face limited or no secondary market liquidity, and are exposed to the credit risk of both Citigroup Global Markets Holdings Inc. and Citigroup Inc.

CITIGROUP INC (C), via Citigroup Global Markets Holdings Inc., is offering unsecured Medium-Term Senior Notes, Series N, as 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 August 30, 2029 and fully guaranteed by Citigroup Inc.

The notes pay a contingent coupon of 0.9167% of the $1,000 principal (about 11.00% per annum) on each observation date only if the worst-performing index is at or above its coupon barrier (70% of its initial level). Citigroup may redeem the notes early on specified dates at $1,000 plus any coupon. If held to maturity and not called, principal is protected only if the worst-performing index is at or above its final barrier (60% of its initial level); otherwise, repayment is reduced one-for-one with the index loss and can fall to zero. Investors face Citigroup Global Markets Holdings Inc. and Citigroup Inc. credit risk, no upside participation or dividends on the indices, potential illiquidity, estimated value per note below the issue price, and complex, uncertain U.S. tax and withholding treatment, particularly for non-U.S. holders.

CITIGROUP INC (C), via Citigroup Global Markets Holdings Inc., is offering autocallable contingent coupon equity-linked medium-term senior notes, fully and unconditionally guaranteed by Citigroup Inc., linked to the worst of Invesco QQQ, iShares MSCI Emerging Markets ETF and SPDR S&P 500 ETF, under an amended and restated pricing supplement that revises the issue date.

Each $1,000 note can pay a quarterly contingent coupon of 2.55% (10.20% per annum) if, on the relevant valuation date, the worst-performing underlying’s closing value is at least 75.00% of its initial value; missed coupons are “memory” and can be paid later if the barrier is met. The notes are subject to automatic early redemption on specified dates if the worst-performing underlying is at or above its initial value, returning $1,000 plus the applicable coupon and any unpaid coupons. If not redeemed early, principal is repaid in full only if, at final valuation, the worst-performing underlying is at or above 75.00% of its initial value; otherwise repayment is reduced one-for-one with that underlying’s negative return and can be as low as zero.

The issue price is $1,000 per note, including a $30 underwriting fee and $970 in proceeds to the issuer, while the estimated value on the pricing date is expected to be at least $905.50, reflecting internal funding and hedging assumptions. The notes involve Citigroup credit risk, complex equity, correlation and volatility risk, and significant U.S. tax and withholding uncertainty, including potential 30% withholding on coupon payments to certain non-U.S. holders and possible future changes under Section 871(m).

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering $4,316,000 of Contingent Income Callable Securities due August 24, 2028, fully and unconditionally guaranteed by Citigroup Inc. The notes are linked to the worst performer of the Nasdaq‑100 Index®, Russell 2000® Index, and S&P 500® Index.

Investors receive a quarterly contingent coupon of 2.0225% of principal (8.09% per annum) only if, on every trading day in the observation period, each index stays at or above 60% of its initial level. The notes are callable in whole on specified quarterly dates at par plus the applicable coupon, so the term may be as short as three months.

At maturity, if not redeemed early, repayment of principal depends on the worst-performing index. If that index is at or above 60% of its initial level, investors receive $1,000 per note plus any final coupon. If it is below 60%, payoff is $1,000 plus $1,000 times the worst index return, exposing investors to losses down to total loss of principal.

The stated principal amount is $1,000 per security, issue price $1,000, with an estimated value of $971 per security. Underwriting fees total $20 per security, including a $15 selling concession and $5 structuring fee, reducing proceeds to the issuer to $980 per security.

CITIGROUP INC (C), via Citigroup Global Markets Holdings Inc., is offering $26,019,000 of Contingent Income Callable Securities due August 24, 2028, linked to the worst performer of the Nasdaq‑100, Russell 2000 and S&P 500 indices. The notes are guaranteed by Citigroup Inc. and expose investors to full principal risk.

The securities pay a 2.6875% quarterly contingent coupon (10.75% per annum) per $1,000 only if, throughout each observation period, no index closes below its coupon barrier level, set at 70.00% of its initial level. Citigroup may redeem the notes on specified quarterly dates for $1,000 plus any due coupon, ending all future payments.

At maturity, if not called and the worst-performing index is at or above its downside threshold (70% of its initial level), investors receive $1,000 plus any final coupon. If the worst-performing index is below its downside threshold, repayment is reduced dollar‑for‑dollar with that index’s loss, potentially to zero. The issue price is $1,000 per note, with an estimated value of $971.60 and underwriting and structuring fees reducing investor economics.

CITIGROUP INC (C), via Citigroup Global Markets Holdings Inc., is offering Dual Directional Trigger PLUS Performance Leveraged Upside principal-at-risk securities linked to the MSCI Emerging Markets Index (MXEF), with a stated principal amount of $1,000 per security and a maturity in December 2027, about 1.25 years after issuance.

At maturity, if the index has risen, investors receive $1,000 plus 200.00% of the index gain, capped by a maximum upside return of $178.00 per security (17.80%). If the index has fallen by up to 20%, investors receive a positive return equal to the absolute index decline (up to 20%). If the index has fallen by more than 20%, principal is lost 1-for-1 with the index decline, with no minimum repayment, so the entire investment may be lost; the trigger level is 80.00% of the initial index level.

The securities pay no interest and are unsecured obligations of Citigroup Global Markets Holdings Inc., fully and unconditionally guaranteed by Citigroup Inc. The issue price is $1,000, with an estimated value of at least $922.50 per security on the pricing date and total dealer compensation of $22.50 per $1,000, including a $17.50 selling concession and a $5.00 structuring fee. For U.S. tax purposes, counsel expects to treat the securities as prepaid forward contracts, with additional detailed U.S. and non-U.S. tax considerations, including potential application of Section 871(m) to non-U.S. holders.

CITIGROUP INC (symbol: C) is the issuer of record for a Form 424B2 filing submitted to the SEC.

CITIGROUP INC (symbol: C) is the issuer of record for a Form 424B2 filing submitted to the SEC.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering autocallable contingent coupon equity-linked medium-term senior notes due August 28, 2031 with a stated principal of $1,000 per security, linked to the S&P 500 Futures 40% Intraday Edge Volatility TCA 6% Decrement Index (USD) ER. The notes pay a contingent coupon of at least 1.1375% per period (annualized 13.65%) only if, on the relevant valuation date, the index is at or above a coupon barrier set at 60% of the initial index level; missed coupons can be paid later if the barrier is subsequently met.

The notes may be automatically redeemed on scheduled autocall dates if the index closes at or above its initial level, paying $1,000 plus the applicable coupon, which can cut short future income. If not called and at maturity the index is below the 60% final barrier, investors receive $1,000 plus $1,000 times the index return and can lose up to their entire principal, with no unpaid coupons. The issue price is $1,000 per note, including up to a $35 underwriting fee, leaving at least $965 in proceeds to the issuer and an estimated value of at least $850 per note. All payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and the Citigroup Inc. guarantee, and the issuer highlights limited liquidity, complex index methodology, leverage up to 500%, notional costs and a 6% per annum decrement as key drivers that may cause the index – and thus the notes – to perform poorly.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering autocallable contingent coupon equity-linked securities tied to the worst performer of the Nasdaq‑100 Index® and the S&P 500® Index, each with a $1,000 stated principal amount and due September 14, 2029.

The notes pay a contingent coupon of 2.5875% of principal per quarter (annualized 10.35%) only when the worst-performing index on a valuation date is at or above 70% of its initial value; otherwise no coupon is paid. If not called early and the worst index finishes below 70% at maturity, principal is reduced one-for-one with the underlying loss, down to zero.

The securities can be automatically redeemed on specified dates if the worst index is at or above its initial level, in which case investors receive $1,000 plus the contingent coupon. All payments are subject 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 $940.50 per security, below the issue price, reflecting structuring and hedging costs and the use of an internal funding rate. The notes may have limited or no secondary market and involve complex U.S. tax and withholding considerations.

CITIGROUP INC (symbol C), through its wholly owned subsidiary Citigroup Global Markets Holdings Inc., is offering Autocallable Contingent Coupon Equity Linked Securities linked to the worst performer of the Nasdaq‑100 Index® and the S&P 500® Index, due September 14, 2029. The notes have a $1,000 stated principal amount and pay a contingent coupon of 2.1125% per quarter (equivalent to 8.45% 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.

The same 70% level functions as the final barrier. If the notes are not automatically called and, on the final valuation date, the worst performing index is at or above this barrier, investors receive $1,000 plus any final coupon. If it is below, repayment is reduced dollar-for-dollar with the index loss, with no minimum—investors may lose their entire principal and receive no coupons. The notes are autocallable on specified dates starting March 11, 2027 if the worst performer is at or above its initial value, in which case investors receive $1,000 plus the coupon and the investment ends early. The notes are unsecured obligations of Citigroup Global Markets Holdings Inc., fully and unconditionally guaranteed by Citigroup Inc., and are subject to their credit risk.

Citigroup Inc (C), via Citigroup Global Markets Holdings Inc., is offering $12,645,000 of six‑year “Jump Securities” that are principal-at-risk and fully and unconditionally guaranteed by Citigroup Inc. Each security has a $1,000 stated principal amount and is linked to the worst performer among three State Street Select Sector SPDR ETFs: Energy (XLE), Health Care (XLV) and Technology (XLK).

The notes pay no interest. Starting about one year after issuance, if on any valuation date the worst-performing ETF’s closing value is at least 90% of its initial value (its mandatory redemption threshold), the notes auto-call and pay $1,000 plus a premium that steps up from 13.2% to 79.2% of principal over 20 scheduled observation dates. After an auto-call, no further payments are made.

If not redeemed early, maturity payment per $1,000 equals: (i) $1,000 plus the 79.2% premium if the worst ETF is at or above its initial value; or (ii) $1,000 plus $1,000 times the ETF’s return if it is below its initial value, giving 1‑for‑1 downside exposure to the worst ETF with potential loss of the entire principal. Investors do not receive dividends on the ETFs and do not participate in upside beyond the fixed premiums. The issue price is $1,000, including a $35 underwriting fee ($30 selling concession plus $5 structuring fee), and the estimated value on the pricing date is $922.60 per security based on Citigroup Global Markets Inc.’s models.

CITIGROUP INC (symbol C), through its subsidiary Citigroup Global Markets Holdings Inc., is offering callable contingent coupon equity linked securities due September 9, 2033, linked to the worst performer of the Dow Jones Industrial Average, the Russell 2000® Index and the S&P 500® Index.

Each security has a $1,000 principal amount and pays a contingent coupon on scheduled dates only if the worst performing index on the prior valuation date is at or above its coupon barrier of 70% of its initial value. The indicative minimum coupon is 0.7708% per period, equivalent to at least 9.25% per annum, determined on the pricing date.

If not called and the worst performing index on the final valuation date is at or above its final barrier of 60%, investors receive $1,000 (plus any final coupon). If it is below 60%, repayment is reduced one-for-one with the index decline, down to zero. The issuer may redeem the notes early on specified coupon dates at $1,000 plus the coupon. The securities are unsecured obligations of Citigroup Global Markets Holdings Inc., fully and unconditionally guaranteed by Citigroup Inc., and their value is subject to both entities’ credit risk. The issue price is $1,000, with an underwriting fee of up to $7.50 and expected estimated value on the pricing date of at least $934.50 per security, and they may have limited or no secondary market liquidity.

CITIGROUP INC, through subsidiary Citigroup Global Markets Holdings Inc., is offering unsecured Callable Contingent Coupon Equity Linked Securities linked to the worst performer of the Nasdaq‑100, Russell 2000 and S&P 500, due September 3, 2031, in $1,000 denominations and fully guaranteed by Citigroup Inc.

The notes pay a quarterly contingent coupon of at least 11.00% per annum (0.9167% per period) only if on each valuation date the worst-performing index is at or above 70.00% of its initial value; otherwise no coupon is paid. Principal is protected only if, on the final valuation date, the worst index is at or above 70.00% of its initial value; below that level, repayment is reduced one‑for‑one with the index decline, down to a zero return.

The issuer may redeem the notes in whole on specified dates starting in 2027 at $1,000 plus any due coupon. The notes are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., feature limited liquidity, and have complex U.S. tax treatment, including possible 30% withholding on coupons for certain non‑U.S. investors.

CITIGROUP INC (C), through its subsidiary Citigroup Global Markets Holdings Inc., is offering unsecured Medium-Term Senior Notes, Series N, in the form of Callable Contingent Coupon Equity Linked Securities tied to the worst performer of the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, fully and unconditionally guaranteed by Citigroup Inc.

The notes have a $1,000 stated principal per security, a term to September 12, 2031, and pay a contingent coupon of at least 1.2208% per period (about 14.65% per annum) only if, on the relevant 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 early on specified dates at $1,000 plus any due coupon.

If not redeemed and the worst-performing index is below its final barrier (also 80% of initial) at maturity, investors receive $1,000 plus $1,000 times that index’s return, which can lead to a substantial loss of principal, up to a total loss, and no final coupon. The estimated value on the pricing date is expected to be at least $939.50 per security, below the $1,000 issue price, reflecting selling, structuring and hedging costs and Citigroup’s internal funding rate. 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 INC (C), through Citigroup Global Markets Holdings Inc., is offering unsecured Medium-Term Senior Notes, Series N, in the form of callable contingent coupon equity-linked securities tied to the worst performer of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index, fully and unconditionally guaranteed by Citigroup Inc.

Each security has a $1,000 stated principal amount and may pay a contingent coupon of at least 0.8875% of principal per monthly period (at least 10.65% per annum) if, on the relevant valuation date, the worst-performing index is at or above its coupon barrier, set at 70% of its initial value. Principal protection is conditional: if at final valuation the worst-performing index is below its final barrier at 60% of initial value, repayment is reduced one-for-one with the index loss, down to zero.

The issuer can redeem the notes in whole on specified monthly potential redemption dates, paying $1,000 plus any due coupon, limiting the maximum term to September 6, 2030. The issue price is $1,000 per security, including up to $7 in underwriting fees, with estimated value on the pricing date expected to be at least $938 based on internal models. Investors face equity market risk, correlation risk among the three indices, issuer and guarantor credit risk, limited liquidity, and complex, uncertain U.S. tax treatment.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering unsecured, autocallable medium-term senior notes linked to the S&P 500 Futures 35% Edge Volatility 6% Decrement Index (USD) ER, with a stated principal amount of $1,000 per security and a maturity date of September 22, 2031, subject to automatic early redemption.

The notes pay no interest and repay principal only if the index holds above a barrier at maturity or triggers early redemption; otherwise investors lose 1% of principal for each 1% decline in the index from its initial level, with no minimum repayment. Premiums on auto-call dates range from 18.50% after one year to 92.50% at final valuation. The index is highly engineered, with a 35% volatility target, leverage up to 500%, and a 6% per annum decrement, and is expected to underperform the S&P 500 Index. Issue price is $1,000, including a $50 underwriting fee; estimated value on the pricing date is expected to be at least $863.50 per security. All payments depend on the credit of Citigroup Global Markets Holdings Inc. and the Citigroup Inc. guarantee.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering unsecured medium-term senior notes titled Autocallable Contingent Coupon Equity Linked Securities linked to the S&P 500 Futures 35% Edge Volatility 6% Decrement Index (USD) ER, due September 22, 2036, fully and unconditionally guaranteed by Citigroup Inc.

The notes pay a quarterly contingent coupon of 3.125% of principal (12.50% per annum) only if, on the preceding valuation date, the index is at or above a coupon barrier equal to 50% of its initial level. The same 50% level serves as the final barrier for principal protection at maturity.

Beginning in September 2027 on specified dates, the notes are automatically callable at $1,000 plus the coupon if the index is at or above its initial level; otherwise they continue. If held to maturity and not called, investors receive $1,000 per note if the final index level is at or above the final barrier, or $1,000 plus the index return (downside only) if below, exposing them to up to a 100% loss of principal.

The issue price is $1,000 per security, including a $50 underwriting fee, with $950 in proceeds to the issuer. Citigroup Global Markets Inc. estimates the value on the pricing date will be at least $856 per note, reflecting structuring and hedging costs and use of its internal funding rate. The product embeds significant risks from index leverage up to 500%, a 6% per annum decrement, limited liquidity, credit risk of both issuing and guaranteeing entities, and complex, uncertain U.S. tax treatment.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering long-dated autocallable senior unsecured notes linked to the S&P 500 Futures 35% Edge Volatility 6% Decrement Index (USD) ER, maturing September 5, 2036. The notes pay no interest and all payments depend on Citigroup Global Markets Holdings Inc. and Citigroup Inc. credit.

The stated principal is $1,000 per security. On scheduled valuation dates starting March 1, 2027, if the index is at or above its initial level, the notes are automatically redeemed at $1,000 plus a fixed premium that steps up from 10.50% to 210.00% of principal over time. If held to maturity and not previously redeemed, investors receive $1,000 plus the final premium if the index is at or above 60% of its initial level; otherwise the payoff is $1,000 plus the underlying return, exposing investors to 1-for-1 downside, potentially to zero.

The index itself is complex and risky, using a 35% volatility target, leverage up to 500%, and a 6% per annum decrement, and is expected to underperform the S&P 500 Index. The issue price is $1,000, including a $50 underwriting fee, with estimated value on the pricing date of at least $850.50 per note. The notes are intended for investors able to accept limited liquidity, structural complexity, tax uncertainty, and the risk of substantial loss of principal.

CITIGROUP INC (C), through subsidiary Citigroup Global Markets Holdings Inc., is offering unsecured Medium-Term Senior Notes, Series N, in the form of callable contingent coupon equity-linked securities guaranteed by Citigroup Inc. Each security has a $1,000 stated principal amount and is linked to the worst performer of the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index.

The securities pay a 0.90% contingent coupon per quarter (10.80% per annum) only if, on the relevant valuation date, the worst performing index is at or above 70.00% of its initial value. If the issuer exercises its call on any potential redemption date, investors receive $1,000 per security plus any due coupon and no further payments. If held to maturity and not called, investors receive $1,000 per security only if the worst performing index on the final valuation date is at or above 60.00% of its initial value; otherwise, repayment is reduced one-for-one with the index decline, potentially to zero, with no coupon.

The notes are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., limited or no secondary market liquidity, complex U.S. tax treatment and multiple index, volatility and correlation risks. The issue price is $1,000 per security, including an underwriting fee of up to $5.00, and the issuer expects the initial estimated value on the pricing date to be at least $933.50 per security, below the issue price.

CITIGROUP INC (C), via Citigroup Global Markets Holdings Inc., is offering unsecured, autocallable Medium-Term Senior Notes linked to the S&P 500 Futures 35% Edge Volatility 6% Decrement Index (USD) ER, due September 5, 2036. Each security has a $1,000 stated principal amount and pays no interest.

The notes may be automatically redeemed on scheduled valuation dates if the index closing value is at or above its initial level, returning $1,000 plus a fixed premium that steps up over time to 235% of principal by the final valuation date. If not redeemed early, at maturity investors receive: principal plus the final premium if the index is at or above its initial level; principal only if the index is below its initial level but at or above 60% of the initial level; or $1,000 plus the index return (1:1 downside) if the index ends below the 60% barrier, which can result in a substantial or total loss.

The underlying index is highly complex and risky, using a 35% volatility target with leverage up to 500% and a 6% per annum decrement, and is expected to underperform the S&P 500 Index. The securities are 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 $850.50 per $1,000, below the issue price due to fees, hedging costs and internal funding assumptions.

Citigroup Inc (C), through Citigroup Global Markets Holdings Inc., is offering autocallable buffered notes linked to the MSCI Emerging Markets Index (MXEF), with a stated principal of $1,000 per note and full and unconditional guarantee by Citigroup Inc.

The notes price on August 21, 2026, are issued on August 26, 2026, and mature on August 24, 2028 unless automatically redeemed. If on the September 3, 2027 valuation date the index is at or above its initial level of 1,721.89, the notes are redeemed early at $1,157 per note (principal plus a 15.70% premium). If held to maturity, investors receive principal plus leveraged upside at a 125% participation rate when the index ends at or above the initial level.

Downside is partially protected by a 20% buffer, with a final buffer level of 1,377.512; below this, losses accelerate at a 125% rate of index decline beyond the buffer. The estimated value at pricing is $977.80 per note, below the $1,000 issue price, reflecting dealer compensation and hedging costs. Notes pay no dividends and are subject to Citigroup credit risk and emerging markets equity and FX risks.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering contingent barrier securities linked to the MSCI Emerging Markets Index (MXEF), maturing August 31, 2029 and fully guaranteed by Citigroup Inc. The aggregate stated principal amount is $500,000, with a stated principal amount of $1,000 per security.

At maturity, holders receive: if the final index level is above the initial level of 1,721.89, $1,000 plus the index return times a 100% upside participation rate; if the final index level is at or below the initial level but at or above the barrier level of 1,227.708 (71.30% of the initial), $1,000; and if below the barrier, $1,000 plus $1,000 times the index return, exposing investors to full downside. The issuer warns that if the final index level is below the barrier, payment may be less than $713 and up to the entire investment can be lost.

The issue price is $1,000 per security, including a $20 underwriting fee, for net proceeds of $980 per security to the issuer. The estimated value is $969.30 per security, based on CGMI’s proprietary models and internal funding rate, and may differ from any secondary market price. The securities pay no dividends, are not bank deposits, and are subject to Citigroup credit risk and complex U.S. tax and Section 871(m) considerations, where counsel currently views them as a prepaid forward contract for U.S. federal income tax purposes.

CITIGROUP INC (symbol: C) is the issuer of record for a Form 424B2 filing submitted to the SEC.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering unsecured, auto-callable market-linked securities fully and unconditionally guaranteed by Citigroup Inc. Each security has a $1,000 stated principal amount, sold at 100% of principal, linked to the common stock of a multinational semiconductor and telecommunications equipment company trading on Nasdaq as “QCOM.”

The notes may be automatically called on August 31, 2027 if the underlying closing value is at or above the starting value, paying $1,000 plus a call premium of at least 34.25%, after which investors have no further rights. If not called, the maturity payment on August 30, 2029 depends on the final underlying value: 150% leveraged upside above the starting value; a capped “contingent absolute return” for declines down to a threshold at 70% of the starting value; and 1‑for‑1 downside loss below the threshold, up to total loss of principal.

The securities pay no interest or dividends and are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The public offering price is $1,000 per security, with an underwriting discount and commission of up to 2.575% ($25.75) and issuer proceeds of $974.25 per security. The issuer expects the estimated value on the pricing date to be at least $902 per security, reflecting internal funding rates and structuring and hedging costs. Liquidity may be limited, and U.S. tax treatment is complex, with the securities expected to be treated as prepaid forward contracts.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering callable contingent coupon equity-linked senior notes due September 6, 2030, in $1,000 denominations, linked to the worst performing of the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index. The notes can pay a contingent coupon of at least 11.10% per annum, on scheduled dates, but only if the worst performing index on the prior valuation date is at or above its coupon barrier, set at 70% of its initial value. If the notes are not called and, on the final valuation date, the worst performing index is at or above its 70% final barrier, investors receive $1,000 plus the final coupon; if it is below, repayment is reduced one-for-one with the index loss, down to zero, with no minimum principal protection. Citigroup may redeem the notes in whole on specified coupon dates at $1,000 plus any coupon, limiting future income. The issue price is $1,000 per note, including up to a $7.50 underwriting fee, with estimated value of at least $933.50, and investors face both market risk on the indices and credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., as well as potentially limited secondary market liquidity.

CITIGROUP INC (C), via Citigroup Global Markets Holdings Inc., is issuing unsecured, guaranteed autocallable contingent coupon equity-linked securities tied to the worst performer of the Nasdaq-100 Index, the Russell 2000 Index and the S&P 500 Index, maturing August 24, 2028.

Each $1,000 security pays a contingent coupon of 0.9458% per observation period (about 11.35% per annum) only if, on the relevant valuation date, the worst-performing index is at or above 80% of its initial value; missed coupons can be paid later if the barrier is met. The notes can be automatically called on specified dates if the worst-performing index is at or above its initial value, returning $1,000 plus the applicable coupon.

If not called, principal repayment depends solely on the worst-performing index at maturity: full principal is repaid only if it is at or above 70% of its initial value; otherwise repayment is reduced one-for-one with the index loss, down to zero. Investors face full market downside of the worst index, no upside participation or dividends, credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., limited liquidity, an initial estimated value of $989 per $1,000 below issue price, and uncertain U.S. tax treatment including potential 30% withholding on coupons for non-U.S. holders.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering callable contingent coupon equity-linked securities maturing August 24, 2029, linked to the worst performing of the Nasdaq‑100, Russell 2000 and S&P 500 indices. The notes pay a contingent coupon of 1.1958% per period (about 14.35% per annum) only if, on each valuation date, the worst-performing index is at or above 80% of its initial level.

Citigroup may redeem the notes early on specified monthly dates, paying $1,000 plus any due coupon. If held to maturity and not called, investors receive $1,000 per note only if the worst-performing index is at or above its 80% final barrier; otherwise, repayment is reduced one-for-one with that index’s loss, down to zero. No dividends or upside participation in any index are provided, and secondary market liquidity may be limited. All payments depend on the credit of Citigroup Global Markets Holdings Inc. and the Citigroup Inc. guarantee. The issue price is $1,000, while the estimated value is $990.60 per note.

CITIGROUP INC (symbol: C) is the issuer of record for a Form 424B2 filing submitted to the SEC.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering unsecured, autocallable structured securities linked to the S&P 500 Futures 40% Edge Volatility 6% Decrement Index (USD) ER, fully and unconditionally guaranteed by Citigroup Inc. The notes have a stated principal amount of $1,000 per security, no interest payments and a scheduled maturity on August 26, 2032, with numerous interim valuation dates from August 2027 onward.

The notes may be automatically redeemed early if, on any non-final valuation date, the index is at or above the autocall barrier value of 90% of the initial index level, triggering repayment of principal plus a fixed premium that steps up over time to as much as 123% of principal at final maturity. If not called and the final index value is at or above the autocall barrier, holders receive principal plus the final premium; if it is between the 60% final barrier and the autocall barrier, only principal is repaid. Below the 60% final barrier, repayment is reduced 1-for-1 with the index loss, down to zero. The underlying index is itself complex and risky, using up to 500% leveraged futures exposure, a 40% volatility target and a 6% per annum decrement, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., with limited or no secondary market liquidity expected.

Citigroup Inc. (C), through Citigroup Global Markets Holdings Inc., is offering $946,000 of unsecured Autocallable Barrier Securities linked to Liberty Energy Inc., each with a $1,000 stated principal amount, maturing on August 24, 2029 unless automatically redeemed earlier.

The notes pay no interest and do not guarantee principal. If on August 30, 2027 the Liberty Energy share price is at or above the $19.36 initial value, the notes are automatically redeemed for $1,335 per security (a 33.50% premium). If held to maturity, investors participate in Liberty Energy’s appreciation at a 150% upside participation rate and receive full principal back if the final share price is at or above the final barrier value of $11.616 (60% of the initial value.

If the final share price is below the barrier and the notes have not been called, holders receive 51.65289 Liberty Energy shares per security (or equivalent cash), exposing them to losses up to 100% of principal. The estimated value on the pricing date is $901.80 per note, below the issue price, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., with limited or no secondary market expected.

CITIGROUP INC, through Citigroup Global Markets Holdings Inc., is offering unsecured Autocallable Barrier Securities linked to Liberty Energy Inc. stock, with a $1,000 stated principal amount per security and a total offering of $295,000. The notes pay no interest and are fully and unconditionally guaranteed by Citigroup Inc.

On August 30, 2027, if Liberty Energy’s closing price is at least the initial value of $19.36, the notes are automatically redeemed for $1,387.50 per security (principal plus a 38.75% premium) and then terminate. If not redeemed and held to the August 24, 2029 maturity, investors receive: (i) principal plus leveraged upside (150% of any positive price return) if the final price exceeds $19.36, (ii) full principal back if the final price is at or below $19.36 but at or above the barrier of $11.616 (60% of the initial value), or (iii) 51.65289 Liberty Energy shares (or equivalent cash) per note if the final price is below $11.616, exposing investors to full downside and potential total loss of principal.

The securities lack principal protection, do not pay dividends, may have limited or no secondary market, and are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The estimated value on the pricing date is $927.80 per note, below the $1,000 issue price, reflecting structuring, hedging costs and the issuer’s internal funding rate.

Citigroup Inc. (C), via Citigroup Global Markets Holdings Inc., is offering autocallable contingent coupon equity-linked securities tied to the worst performer of the Dow Jones Industrial Average, EURO STOXX 50® Index and S&P 500® Index, with a maturity in August 2028 and a stated principal of $1,000 per security.

The securities pay a 2.375% contingent coupon per quarter (9.50% per annum) only if, on each valuation date, the worst performing index is at or above 70% of its initial level; otherwise no coupon is paid. Principal repayment also depends on the worst performer: if on the final valuation date it is at or above 70% of its initial level, investors receive $1,000 (plus any final coupon); if below, repayment is reduced one-for-one with the index decline, potentially to zero. The notes can be automatically called on specified dates starting August 2027 if the worst performer is at or above its initial level, in which case investors receive $1,000 plus the coupon and the investment ends early. All payments are unsecured and subject to the credit risk of Citigroup Global Markets Holdings Inc. and the Citigroup Inc. guarantee, with limited expected liquidity and an estimated initial value of $993.10 per $1,000 security.

Citigroup Inc. (C), via Citigroup Global Markets Holdings Inc., is issuing unsecured, senior autocallable securities linked to the MSCI Emerging Markets Index, in $1,000 denominations, maturing August 26, 2031. The notes pay no interest and do not guarantee return of principal.

The notes may be automatically redeemed after any scheduled valuation date from August 2027 onward if the index is at or above the autocall barrier (90% of the initial level), paying $1,000 plus a fixed premium that steps up from 11.90% to 59.50% of principal over time. If not called, maturity payoff depends on the final index level: full principal plus the final premium if at or above the barrier; principal only if between the 15% buffer and the barrier; and a leveraged loss beyond a 15% buffer if the index falls below the buffer (85% of the initial level). Investors receive no dividends, have exposure to emerging markets and currency risks, face limited liquidity, and are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc. The initial estimated value is $993.10 per $1,000 note.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering callable Contingent Coupon Equity Linked Securities linked to the worst performing of the iShares Silver Trust, the S&P MidCap 400 Index and the S&P SmallCap 600 Index, maturing on August 26, 2031.

Each security has a $1,000 stated principal amount and pays a contingent coupon of 1.15% per period (equivalent to 13.80% per annum) only if, on the relevant valuation date, the worst performing underlying is at or above its coupon barrier, set at 60% of its initial value. At maturity, if not called and the worst performing underlying is at or above its final barrier at 50% of its initial value, investors receive $1,000; otherwise repayment is reduced one-for-one with the underlying loss, potentially to zero.

Citigroup may redeem the notes in whole on specified dates at $1,000 plus any due coupon. The issue price is $1,000, with an estimated value of $958.50, an underwriting fee of up to $2.50 per security and total offering size of $563,000. All payments are unsecured and 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 INC (C), via Citigroup Global Markets Holdings Inc., is offering callable contingent coupon equity-linked securities tied to the worst performer of the Nasdaq-100 Index®, the Russell 2000® Index and the S&P 500® Index, maturing on August 24, 2028. The notes pay a contingent coupon of 1.0208% per month (about 12.25% per annum) only if, on each valuation date, the worst performing index is at or above 70% of its initial value.

The stated principal is $1,000 per security, with initial index levels of 29,213.16 (Nasdaq-100), 2,992.434 (Russell 2000) and 7,641.16 (S&P 500), and corresponding coupon/final barrier values at 70% of these levels. If the notes are not called and, on the final valuation date, the worst index is at or above its barrier, investors receive $1,000 plus the final coupon; otherwise, principal is reduced one-for-one with the index loss and can fall to $0.

Citigroup may redeem the notes early on specified dates at $1,000 plus the applicable coupon. The total offering is $1,000,000, with a per-security issue price of $1,000, underwriting fee of $4 and proceeds to the issuer of $996. The estimated value at pricing is $991.50 per security, below issue price, and all payments are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc.

CITIGROUP INC (C), through Citigroup Global Markets Holdings Inc., is offering autocallable contingent coupon equity linked securities tied to the worst of the Nasdaq-100 Index, Russell 2000 Index and S&P 500 Index in an aggregate stated principal amount of $530,000 ($1,000 per security) maturing August 24, 2029.

The notes pay a 0.8333% monthly contingent coupon (about 10.00% per annum) only if the worst-performing index on each valuation date is at or above 65% of its initial value; otherwise no coupon is paid. Unless called early, principal is fully repaid only if the worst index on the final valuation date is at or above its 65% final barrier; below that, repayment is reduced one-for-one with the index loss, potentially to zero. The notes are automatically called from February 22, 2027 onward if the worst index is at or above its initial level, returning $1,000 plus the coupon. The securities are unsecured and subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., have limited expected liquidity, an estimated value of $985.30 per $1,000 below issue price, and complex U.S. tax and withholding treatment, particularly for non-U.S. investors.

CITIGROUP INC (symbol C) is offering unsecured senior Buffered Equity Index Basket-Linked Notes via Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc. The notes pay no interest and repay a variable amount at maturity in about 17–20 months, based on an unequally weighted equity index basket.

The basket starts at 100 and includes the EURO STOXX 50® (40%), TOPIX® (25%), FTSE® 100 (17%), Swiss Market Index® (11%) and S&P/ASX 200 (7%). Investors get 180% participation in basket gains, subject to a cap level expected between 110.92% and 112.84% of the initial basket level, for a maximum settlement of $1,196.56–$1,231.12 per $1,000.

A 12.50% buffer protects principal only if the basket decline is up to that amount; below the buffer level of 87.50, losses accelerate at about 1.1429% of principal for each 1% additional drop, and investors could lose their entire investment. The notes are not listed, may have limited liquidity, are subject to the credit risk of Citigroup Global Markets Holdings Inc. and Citigroup Inc., and involve complex tax and valuation considerations.