Citigroup said it filed a Certificate of Designations with the Delaware Secretary of State on July 29, 2024, establishing a new series of preferred stock, 7.000% Fixed Rate Reset Noncumulative Preferred Stock, Series DD.

1. 01

   Citigroup said it filed a Certificate of Designations with the Delaware Secretary of State on July 29, 2024, establishing a new series of preferred stock, 7.000% Fixed Rate Reset Noncumulative Preferred Stock, Series DD.

2. 02

   The company said the Certificate of Designations amended Citigroup's Restated Certificate of Incorporation, as amended, and took effect immediately upon filing.

3. 03

   Citigroup said it entered into an Underwriting Agreement dated July 23, 2024 with the underwriters named therein, covering the offer and sale of Depositary Shares, each representing a 1/25th interest in a share of Series DD preferred stock.

4. 04

   The company said it entered into a Deposit Agreement dated July 30, 2024 with Computershare entities acting jointly as Depositary, and filed a legal opinion from Skadden, Arps, Slate, Meagher & Flom LLP.

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Original filing

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