Inc. 388 Greenwich Street, Citigroup Ecosystem , NY, 10013, USA (212) 559-1000; www.citigroup.com/citi

Outside Relationships Citigroup Inc. (Delaware ) Outside Relationships Futures and Forward Regulators Capital Suppliers Customers Securities Regulation and Customers Suppliers Capital Regulators Contracts, Swap Debt Structure Equity Structure Stock Exchange Listing Contracts, and Option Rules Hedge Contracts for Trading Debt: $301.1B (at 12/31/2020) | Parent Senior Debt Credit Ratings: Fitch (A) Moody’s (A3) S&P (BBB+) Equity Business Regulation Preferred Stock: Common Stock: Counter- and Hedging Purposes Commercial Securities Regulators parties Citi Senior Debt: Citi Subordinated Trust Preferred Broker-Dealer Senior Citibank Senior Broker-Dealer Share Repurchase Program: Authorized: 30 million Authorized: 6B shares Equity Capital Trading Regulators Paper: $10.02B $142.2B through Debt: $26.67B Securities: $1.73B Debt: $55.896B Debt: $44.74B Subordinated Debt: 2021 Federal Reserve Board Issued: 15 series (A, B, D, J, K, Issued: 3.099B Bond Financings Significant SEC Senior and Broker-Dealer Commercial 2098 (2.82% through 2046 (4.38% through 2067 through 2070 through 2049 (1.46% $485M through 2046 Authorization: $2.8B (Includes Dividends) M, O, P, Q, R, S, T, U, V, W) Outstanding: 2.09B shares Dividends and Common weighted average) weighted average) (6.26% weighted average) (0.72% weighted average) weighted average) (0.0% weighted average) Shareholders (Securities Law Disclosure and Subordinated Paper: $7.99B 2020 Purchases: Suspended Outstanding: 15 series Record Holders: 63,632 Stock Repurchases Note Holders Professional Financial Reporting US Securities and Exchange Vanguard Requirements; Anti-Bribery Services Firms Law) Commission (SEC) Finance Public Affairs Human Resources Legal Group Governance Corporate Matters (7.78%) (Broker-Dealer, Security-Based KPMG Board of Directors Peter B. Henry (E, EX, N) Deborah C. Wright (A, E, N) Financial Planning Corporate Communications Recruiting Regulatory Affairs Swap Dealers and Futures (Audit Services) Operations/Technology Corporate Risk BlackRock New York Stock Exchange Commission Merchant Registration Litigation Management John C. Dugan (A, EX, N, P, R) S. Leslie Ireland (E) Alexander Wynaendts (P, R) Treasury Government Affairs Diversity Fund (Listing and Maintenance and Regulation of Citigroup Global Capitol Hill Online Banking Risk Governance Requirements) Markets Inc. (CGMI), Citi's Primary Strategies; Barbara Desoer (EX, R) Jay Jacobs (E, EX, N, P) Ernesto Zedillo (E, N) Line of Business Finances Marketing Transactions Framework Advisors Broker-Dealer, and Other Broker- Global Learning (4.57%) Capitol Tax Grace E. Dailey (A, R) Renée J. James (A, P) Committees: Audit (A); Ethics, Conduct Legal Operations Legacy Platforms Dealer Subsidiaries, Including Net Asset-Liability Management Sustainability / ESG Partners & Culture (E); Executive (EX); Global, Business Unit, Capital Requirements; Investment Ellen M. Costello (A, R) Gary M. Reiner (N, P) Talent Development ( Credit Risk SSgA Funds Nomination, Governance and Public Community Investing and Branch Technologies Adviser Registration and (Lobbying Financial Reporting Regional, and Corporate) Management Jane Fraser Diana L. Taylor (EX, N, P) Affairs (N); Personnel & Compensation Development (Including Regulation) Services) Compensation and Benefits Conduct Risk (4.54%) Duncan Hennes (A, EX, P, R) James S. Turley (A, E, R) (P); Risk Management (R) Expense Management Community Reinvestment Act Real Estate Technology Citi’s In- Capital Compliance) Employee Relations Innovation house Corporate Investments Corporate Governance Group Executive Officers Chief Financial Officer Chief Administrative Officer CEO, Global Consumer Bank Corporate Operations Market Risk Creative Companies US Commodity, Futures, and President & CEO Mark Mason Karen Peetz Anand Selva Accounting/Control (Aviation, Client & Internal Event IT Infrastructure Agency; Administrative Compliance (4.52%) Trading Commission (CFTC) Jane Fraser Chief Compliance Office Head of Human Resources Head of Operations and Technology Management, Conferencing Units) Compliance Risk (Futures Commission Merchants, Publicis Mary McNiff Sara Weechter Mike Whitaker Corporate Tax Project Management Office Systems Architecture Geode Commodity Pool Operators, and (Advertising Professional Chief Risk Officer Citi Foundation Internal Audit GC and Secretary Head of Global Public Affairs CEO, Europe, Middle East and Africa Operational Risk Investment Capital Swap Dealers Registration and Federal Services) Services Zdenek Turek Accounting Remediation Efforts Cyber Security Regulation, including Uniform Rohan Weerasinghe Edward Skyler David Livingstone Co-Leadership Audit Assurance Banking Management Reserve (Investor Relations, Regulatory (Governance, Risk Minimum Net Capital Hogan CEO, Asia Pacific Financial Controls Customers (1.58%) System CEO, Latin America CEO, Institutional Clients Group Controller and Chief Accounting Officer Global Regulatory Management, Control Data Management Information Security Requirements; Derivatives Lovells Affairs, Environmental & Social Peter Babej Ernesto Torres Cantú Paco Ybarra Johnbull Okpara Risk Management) Environment) Institutional Regulation; Regulates SEC- (Revlon Oversight Policies Engagement Systems Risk Advisory As Borrower Ownership: Registered Investment Advisers Litigation) Advisory Services for Large 78.21% regarding Futures and Swaps- Federal Park Excess Reserve Mergers, Acquisitions, Related Trades) Funds Rate: Operations Business with Fed and Divestitures 0% - 0.25% Global Consumer Banking (2020 Revenue: $29.99B) Institutional Clients Group (2020 Revenue: $44.253B) Acquirors Loans from Fed Discount As Lender Global Consumer Banking (GCB) includes a global, full-service consumer franchise delivering a wide array of banking, Institutional Clients Group (ICG) consists of Banking and Markets and securities services and provides corporate, institutional, public sector and high-net-worth Large Key Company Data Window Business Securities, Derivatives, Federal credit card, lending, and investment and wealth management services through a network of local branches, offices and clients in 96 countries and jurisdictions with a broad range of banking and financial products and services (including fixed income and equity sales and trading, (as of 12/31/2020) Acquisition Commodities Futures Discount Investing and electronic delivery systems. GCB consists of three business units: North America, Latin America and Asia (includes foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private Financial Restructuring Targets Business Description Exchanges, and Derivatives Rate: Wealth certain countries in Europe, the Middle East, and Africa). For comparison purposes, the retail banking and investing and banking, cash management, trade finance and securities services). Citi Velocity, Citi’s Digital Content Platform, delivers electronic access to Citi’s capital market >=0.25% Services Founded as City Bank of New York in 1812, today Clearinghouses Management wealth management businesses generated $11.73B in revenue, and the credit card business generated $18.26B. services to over 100,000 institutional clients spread across 150 countries. Sovereign Citigroup is a global diversified financial services holding (Membership Requirement and Customers North America Latin American Asia Wealth Trading Regulation) Products and Services company whose businesses provide consumers, Cash Revenue: $19.148B Revenue: $4.372B Revenue: $6.471B Funds Retail Investments Banking (Revenue: $21.232B) Markets and Securities Services (Revenue: $23.072B) , governments and institutions a broad array Investors Products and Services Private of financial products and services, including consumer (High Wealth y Investment Banking (Revenue: $5.787B) Fixed Income Markets (Revenue: $17.256B) Equity Individuals) Retail Banking (Includes Investing and Wealth Management) (Revenue: $11.73B) Credit Cards ($18.257B) banking and credit, corporate and investment banking, Financial Industry Advisory and Capital-Raising Activities Intermediation Private Placements and Funds securities brokerage, trade and securities services and Regulatory Authority Banking Investing GCB provides Citi-branded credit card Small & Mergers & Acquisitions Financial Restructurings Global Spread Products Public Offerings of Debt Underwriting wealth management. (FINRA) products to retail and small business (Emerging Markets Bonds, Asset Backed Securities, Corporate Bonds, Mortgage Backed and Equity Securities Middle-Sized Investment and Wealth Checking and Savings Accounts Services (U.S. Securities Dealer Self- Businesses customers in North America, Latin Divestitures Debt & Equity Underwritings Securities, Loans, Collateralized Loan Obligations, Government Agency Securities, Short Sovereign Share Data Financial Highlights Regulation; Research-Related Management Products Everyday Banking Packages Self-Directed Trading America (through Citibanamex, one of Term Interest Rate Products, Municipal Securities, Letters of Credit, and Derivatives) Wealth Income Statement Regulation) Private Institutions and Services Stock Exchange: NYSE (Citi Elevate Account, Access Account, Basic Mexico’s largest banks), and Asia. Treasury and Trade Solutions (Revenue: $9.524B) G10 Rates Funds Label and (Insurance Banking, The Citibank Account) Citi Wealth Builder (Digital Guidance) Total Revenues (Net of Companies) (Derivatives: Interest-Rate Swaps, Forward-Rate Agreements, Overnight indexed Swaps, Private Interest Expense): Co- Citi Branded Cards Categories Commercial Cards Liquidity Management Services Basis Swaps, Foreign Currency Swaps; Interest Rate Volatility Products: Caps, Collars, Ticker Symbol: C Premium Banking Packages Professional Investing Guidance Equity $74.298B Branded Stock Plans; (Citi Priority Account, Citigold Account, Citigold Floors, Swaptions; Market Making: Government and AAA-rated Agency Bonds, Inflation- European Financial Proprietary Portfolio Export and Agency Finance Payments & Receivables Funds Credit Card Defined Private Client) Other (Market Commentary and Financial Linked Government Products, Structured Notes Origination and Packaging) Share Price: $68.21 Net Interest: $43.458B Supervisory Regulators: Partners Benefit Education Center) Rewards Business Digital Channels and Data Trade Services and Finance Domestic (as of 7/6/2021) UK Financial Conduct Authority, Contribution Benefits of Citi Accounts Multi-Asset Investment and Trading Products Commissions, Fees, and (Structured Investments, Unique Rules-Based Investment Strategies, & Tailored Solutions) Companies UK Prudential Authority, and Retailers Plans (Checking: ATM Access, Online Banking, Products Travel Balance Transfer Other Revenue: $30.75B Mobile Check Deposit, Digital Wallets, Zelle Corporate Lending / Commercial Banking (Revenue: $2.814B) 2020 EPS: $4.74 London Stock Exchange (Sears, Home Foreign Regulation of Citigroup Capital Depot, Best Foundations Compatibility, Security; Savings: AutoSave, Investment Accounts 0% Intro APR Cash Back Fixed Income and Equity Markets Research Operating Expenses: Investment Banking Companies Markets Limited Buy, Macy’s, and Balance Alerts, Mobile Check Deposits, (Traditional Brokerage Accounts, Managed Lending Wealth Liquidity & EPS (Trailing 12 Months $43.171B Endowments Double Cash Thank You Cards & Capital Markets Equity Markets (Revenue: $3.624B) L.L. Beans, Co-Branded Credit Overdraft Protection, Identity Theft Solutions, Accounts, IRAs, Business Retirement Plans) (Short-term Management Cash (Advice, structuring and Domestic 5/6/21): $7.29 Costco Card Relationships Citi Mobile App) Cards Value Cards revolving credit (Checking and Intermediation Earnings Before Tax: Investment Products execution on capital- Management Governments Wholesale) facilities and working savings accounts, $13.632B Certificates of Deposit & Banking IRAs (Stocks, Mutual Funds, Bonds, Options) raising transactions – (local and foreign Cash Equities and Equity-Linked Securities Co-branded Cards capital financing, loans, mortgages Foreign Forward Annual Gas Retailers e.g., inaugural currency accounts, (Equity Securities and Equity-Linked Securities -- Exchange Traded Funds (ETFs), Options, Net Income: $11.047B Asia Financial Supervisory Fixed Rate CD Money Markets Insurance Products medium-term loans, for employees of Dividend: $2.04 (Shell, Exxon Retail Cash Deposits American Costco issuances, exchanges, payments, Convertible Securities, Futures, Over-the-Counter (OTC) & Exchange-Traded Derivatives) Governments Regulators: (Annuities, Life Insurance, Long-term Care structured financing, commercial Mobil) Banking vs CDs Airlines Wholesale cross-border receivables, Balance Sheet Financial Services Agency of Step-Up CD Insurance) refinancing) banking clients ) Derivatives Fixed Income and Equity Clients Traditional IRA vs transactions) electronic banking) Market Cap: $140.99B Japan Regulation of Citigroup Airlines Consumer Banking (Futures/Synthetic Futures, Swaps, Listed & OTC Options, Exchange-Traded Notes, Funds, Securities Brokerage, Total Assets: $2.26T No Penalty CD Planning Services Citi Retail Services Global Markets Japan Inc. (American Services (e.g. Checking Roth IRA Warrants, Market-linked Deposits, Certificates, Participation Notes, Variance & Dispersion) Trading, and Research Fixed Home Buyers (Retirement Savings, Education Savings, Market Solutions Trade Solutions Airlines) Accounts, CDs, Personal and Fraud Income Total Liabilities: $2.06T Small Business Banking Offerings Trusts and Estate Planning) In North America only, GCB offers Citi (risk management strategies for (letters of credit, complex Delta One (Indices) Services Resources Home Mortgage Loans) Prevention and Equity Business retail services card products – i.e. Co- currencies, commodities, interest rates) trade finance solutions) (Exposure to global equity indices, custom baskets and single stocks through a broad range Deposits: $1.281T Individuals Cash Online Banking Sophisticated Products of financial instruments including swaps, futures, forwards, certificates, ETFs) Markets 210,000 Employees in Spend Credit Cards Services branded, private label cards. Borrowings: $301.1B Management Citi Merchant (Alternative Investments, Structured Products, Nearly 100 Countries Management Private Bank (Revenue: $3.737B) Customers Key US Business Conduct Small Small Business Banking Trade Services Securities-Based Lending) Co-branded Private Label Accounts Securities Services (Revenue: $2.545B) Networks Services Equity: $200.2B Regulators Businesses Services Products and Services Offerings Corporations Secondary (Coupa Pay) Lending Wealth Management GCB has co-brand, private label Cash Flows Mortgage relationships with Sears, Home Investments Lifestyle Custody Securities Lending Middle Office Headquarters Sales of Qualifying Home Financial From Operations: Market Personal Loans and Lines of Credit Citi Personal Wealth Management Depot, Best Buy, Exxon Mobil, L.L. (Capital Markets, Investment Management, (Home Financing, Art Advisory, Sports Mortgages Portfolio Analytics, Sustainable Investing) Financing, Aircraft Financing) Data Services Fund Services ETF Services Institutions -$20.621B Home Lending Citi Priority Account Bean, Macy’s, Shell, and Tractor Alliance Regarding Clients in Over 160 Office of Cybersecurity and Federal Supply Company. Management Legacy Custody FX Solutions Transfer Agency Fiduciary Services Outsourcing to Citi of Governments Countries From Investing Activities: Infrastructure Agency (CISA) Home Loan Technology Home Citigold Account Home Home Loan (Investment Finance, Real Estate (Trust & Wealth Planning, Philanthropy, -$95.312B (Regulation of Cybersecurity Mortgage Equity Trustee & Depositary Liquidity Management Administrative Middle Office Services on and Purchases Refinancing 78 Million Customer Accounts Financing, Banking, Treasury Management) Next Generation) Threats to Critical Physical and Corp. Loans Citigold Private Client Services Solutions Services BlackRock’s Instance of Individual Equipment ATMs, Data Processing, 200 Million Customer From Financing Cyber Infrastructure) (Freddie Mac) Citi’s Aladdin End-to-End Investors Accounts Activities: $233.595B IT, Security, and Competitors Competitors Data Investment Management Federal Technology Services Processing Retail Banking Investing and Wealth Management Credit Cards Investment Banking Commercial Banking Global Markets Platform (From Trade Recent Developments National Confirmation to Post- Mortgage Information Global Trading Merrill Edge / Settlement Reconciliation) U.S. Department of the Wells Fargo JPMorgan Chase UBS American Express JPMorgan Chase Morgan Stanley JPMorgan Chase Wells Fargo JPMorgan Chase Morgan Stanley Virtu Financial Exiting Unprofitable Businesses. In October of 2014, Association Technology Systems (GTS) Bank of America BlackRock Treasury US Bank PNC Bank Charles Schwab Morgan Stanley Bank of America US Bank Goldman Sachs Credit Suisse Bank of America Deutsche Bank UBS Deutsche Bank Citigroup said it was pulling out of consumer banking in (Anti-Money Laundering; (Fanny May) Charles Schwab Interactive ATMs and 11 markets, including Japan and Egypt, as the U.S. Prohibited Transactions with Bank of America Truist Bank Fidelity Bank of America Capital One Discover Barclays Bank of America Goldman Sachs Morgan Stanley Goldman Sachs JPMorgan Chase & Co. Brokers Parties Who are Threats to U.S. Sales of Other Retail bank with the biggest international business looks to cut Security) Mortgage- Technology persistently high costs. Stripping out these units would Backed (NCR/ Integrated Cash Custody, Accounting, reduce operating expenses by $1.34 billion, while Cardtronics/ Substantive Banking Securities Commercial Loans Fiduciary, and/or reducing net income by only $34 million. Allpoint Regulation Management and Trade Finance Services Administrative Services U.S. Securities and Network, Investors in Diebold, $900 Million Mistake. In August of 2020, human error Exchange Commission Treasury Markets and Mortgage- Nautilus Commercial Private Global Real Institutional High-Net- led Citi to mistakenly transmit $900 million to creditors (SEC) Hyosung) Banking Nonprofit Institutional Asset Real Estate and Trade Multi-National Financial Public Sector Securities Services Public Backed Equity Industrial Estate Corporate Investors (e.g. Worth on a 2016 Revlon loan, instead of the $7.8 million (Anti-Bribery and Corrupt Clients Investors Managers Developers Clients Corporations Institutions Organizations Clients Sector Securities Clients Funds Companies Investors BlackRock) Individuals interest payment it intended to send. In February of Practices Laws) Security (in 96 countries) 2021, a federal judge ruled the asset managers do not need to return $504 million the bank sent them by Federal Reserve Board Federal Deposit Insurance Corporation Office of the Comptroller of the Currency Consumer Financial Protection mistake. In April of 2021, Citi’s lawyers filed paperwork US Bank (Comprehensive Consolidated Supervision, Regulation and Examination of Citigroup as a Bank Holding Company and Financial Holding Company, including Review of Expansion ($250,000 of Deposit Insurance Per Depositor; (Depository Institution Regulation; Enforces Capital and Plans, Limits on Activities, Capital and Liquidity Requirements (e.g., Prohibits Unsound Dividends and Requires Liquidity Stress Tests), Derivative Activities Regulation, and Volcker Prohibits Unsound Dividends; Requires Liquidity Requirements for, and Prohibits Unsound Bureau asking the 2nd Circuit Court of Appeals to overturn the (Regulated Consumer Financial Regulators Rule Compliance (e.g., No Proprietary Trading Activities for Banks Except for Underwriting, Market Making, Risk-Mitigating, Hedging; Requires Implementation of Comprehensive Resolution and Recovery Plan in Case Dividends by, Citibank, N.A. and Other Citigroup February district court ruling. © 2020 Products and Services Compliance Program); Requires Resolution And Recovery Plan In Case Citigroup’s Banks Fail); Limitation of Affiliate Transactions with Banks) Citigroup’s Banks Fail) National Banks) ) www.onepagethinking.net July 2021