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Citigroup Inc.

Citigroup Awards CEO Jane Fraser $25 Million Equity Package

| 8-K |Financial Services

Summary

On October 22, 2025, Citigroup Inc.'s Board of Directors awarded its CEO, Jane Fraser, a one-time equity award valued at $25 million, consisting of Restricted Stock Units (RSUs) and 1.055 million Citigroup stock options. The award, unanimously approved by the Compensation Committee and the Board, reflects the company's recognition of Ms. Fraser's leadership and the company's recent strategic accomplishments.

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About Citigroup Inc.

Citigroup Inc. is a leading global financial services corporation, providing a broad array of financial products and services to consumers, corporations, governments, and institutions. As a diversified financial institution, Citigroup's primary function is to offer retail banking, commercial banking, investment banking, and wealth management services. The company plays a significant role in sectors such as consumer banking, treasury and trade solutions, and securities services, making it a pivotal player in the financial services industry. Headquartered in New York City, Citigroup is one of the world's largest banks by assets. It operates in over 160 countries and jurisdictions, underscoring its substantial international presence. The firm's impact is further amplified through its global reach in capital markets and advisory services, helping to facilitate trade and investment on a worldwide scale. Citigroup's diversified operations and extensive global network position it as a key contributor to financial market infrastructures and economic development.

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