Citi Global Wealth DiSCLoSUreS | | 107 Investments Disclosures Citi Global Executive Preferred, and Citi Global Executive Account believed by Citi to be reliable, its accuracy and completeness cannot Packages. Investment products and services are made available be assured, and such information may be incomplete or condensed. In any instance where distribution of this communication through Citi Personal Investments International (“CPII”), a business Any assumptions or information contained in this Communication (“Communication”) is subject to the rules of the US Commodity of Citigroup which offers securities through CGMI, member FINRA and constitute a judgment only as of the date of this document or Futures Trading Commission (“CFTC”), this communication SIPC, an investment advisor and broker–dealer registered with the on any specified dates and is subject to change without notice. constitutes an invitation to consider entering into a derivatives Securities and Exchange Commission CGMI and investment accounts Insofar as this Communication may contain historical and forward transaction under US CFTC Regulations §§ 1.71 and 23.605, are carried by Pershing LLC, member FINRA, NYSE, and SIPC. looking information, past performance is neither a guarantee nor where applicable, but is not a binding offer to buy/sell any Insurance is offered by CPII through CLA. In California, CLA does an indication of future results, and future results may not meet financial instrument. business as Citigroup Life Insurance Agency, LLC (license number expectations due to a variety of economic, market and other 0G56746). Citibank, N.A., CGMI and CLA are affiliated companies factors. Further, any projections of potential risk or return are This Communication is prepared by Citi Global Wealth Investments under common control of Citigroup Inc. illustrative and should not be taken as limitations of the maximum (“CGWI”) which is comprised of the Investments and Capital Markets possible loss or gain. Any prices, values or estimates provided in capabilities of Citi Private Bank, Citi Personal Wealth Management CGWI personnel are not research analysts, and the information in this this Communication (other than those that are identified as being and International Personal Bank U.S. Communication is not intended to constitute “research”, as that term historical) are indicative only, may change without notice and do is defined by applicable regulations. Unless otherwise indicated, any not represent firm quotes as to either price or size, nor reflect the Citi Private Bank and Citi Personal Wealth Management are reference to a research report or research recommendation is not value Citi may assign a security in its inventory. Forward looking businesses of Citigroup Inc. (“Citigroup”), which provide clients intended to represent the whole report and is not in itself considered information does not indicate a level at which Citi is prepared to do access to a broad array of products and services available through a recommendation or research report. a trade and may not account for all relevant assumptions and future bank and non-bank affiliates of Citigroup. Not all products and This Communication is provided for information and discussion conditions. Actual conditions may vary substantially from estimates services are provided by all affiliates or are available at all locations. purposes only, at the recipient’s request. The recipient should which could have a negative impact on the value of an instrument. In the U.S., investment products and services are provided by notify CGWI immediately should it at any time wish to cease being Views, opinions and estimates expressed herein may differ from the Citigroup Global Markets Inc. 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Insurance is offered by Citi Personal Wealth Management (but see discussion above regarding communication subject to CFTC direct, indirect or consequential) that may arise from any use of the through Citigroup Life Agency LLC (“CLA”). In California, CLA does rules) and (iii) it is not intended as an official confirmation of any information contained in or derived from this Communication. business as Citigroup Life Insurance Agency, LLC (license number transaction. 0G56746). CGMI, CPA, CGA, CLA and Citibank, N.A. are affiliated Investments in financial instruments or other products carry companies under the common control of Citigroup. Unless otherwise expressly indicated, this Communication does significant risk, including the possible loss of the principal amount Outside the U.S., investment products and services are provided not take into account the investment objectives, risk profile or invested. Financial instruments or other products denominated in by other Citigroup affiliates. 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Recipients of this Communication should obtain advice based on their own individual circumstances from their own tax, Structured products can be highly illiquid and are not suitable for International Personal Bank U.S. (“IPB U.S.”), is a business of financial, legal and other advisors about the risks and merits of any all investors. Additional information can be found in the disclosure Citigroup which provides its clients access to a broad array of transaction before making an investment decision, and only make documents of the issuer for each respective structured product products and services available through Citigroup, its bank and such decisions on the basis of their own objectives, experience, risk described herein. Investing in structured products is intended only non-bank affiliates worldwide (collectively, “Citi”). Through IPB profile and resources. for experienced and sophisticated investors who are willing and able U.S. prospects and clients have access to the Citigold® Private to bear the high economic risks of such an investment. Investors Client International, Citigold® International, International Personal, The information contained in this Communication is based on should carefully review and consider potential risks before investing. generally available information and, although obtained from sources