Mariana Capital Protected Dual Option Kick Out Plan – September 2024

Citigroup Global Markets Limited (http://www.citigroup.com/).  The product issuer is Citigroup Global Markets Funding  Luxembourg S.C.A. with a guarantee by Citigroup Global Markets  Limited.

The product is designed to provide a return in the form of a cash  payment on termination of the product. The product has a fixed  term and will terminate on the maturity date, unless terminated  early. The payment at maturity will not exceed GBP 1.675 (Option 1) and GBP 1.75 (Option 2). The  product will not return less than the product notional amount.

Early termination following an autocall: The product will  terminate prior to the maturity date if, on any autocall  observation date, the reference level is at or above the autocall  barrier level. On any such early termination, you will on the  immediately following autocall payment date receive a cash  payment equal to the applicable autocall payment. The relevant  dates and autocall payments are shown in the table(s) in the key information document.

Termination on the maturity date: If the product has not  terminated early, on the maturity date you will receive:

Option 1

1. if the final reference level is at or above 95% of the initial reference  level, a cash payment equal to GBP 1.675; or

2. if the final reference level is below 95% of the initial reference level, a  cash payment equal to GBP 1.00.

Option 2

1. if the final reference level is at or above the initial reference  level, a cash payment equal to GBP 1.75; or

2. if the final reference level is below the initial reference level, a  cash payment equal to GBP 1.00.

Under the product terms, certain dates specified above and below will be adjusted if the respective date is either not a business day  or not a trading day (as applicable). Any adjustments may affect  the return, if any, you receive.

The product terms also provide that if certain exceptional events  occur (1) adjustments may be made to the product and/or (2) the issuer may terminate the product early. These events are  specified in the product terms and principally relate to the  underlying, the product and the issuer. The return (if any) you  receive on such early termination is likely to be different from the scenarios described above and may be less than the amount you  invested.

The product is intended to be offered to retail investors who fulfil all of the criteria below:

1. they have the ability to make an informed investment decision  through sufficient knowledge and understanding of the product  and its specific risks and rewards, either independently or  through professional advice, and they may have experience of  investing in and/or holding a number of similar products  providing a similar market exposure;

2. they seek income, capital growth and/or full protection of the  product notional amount, subject to the issuer’s and the guarantor’s ability to pay, expect the movement in the underlying to perform in a way that generates a positive return. They have a  long investment horizon and understand that the product may  terminate early;

3. they are not able to bear any loss of their initial investment,  consistent with the redemption profile of the product at maturity  (market risk);

4. they accept the risk that the issuer or guarantor could fail to  pay or perform its obligations under the product irrespective of  the redemption profile of the product (credit risk);

5. they are willing to accept a level of risk of 3 out of 7 to achieve  potential returns, which reflects a low risk (as shown in the  summary risk indicator in the key information document which takes into account both market risk and credit risk).