Wealth Outlook 2024 - Slow then grow

140 Disclosures IMPORTANT INFORMATION In any instance where distribution of this communica- tion (“Communication”) is subject to the rules of the US Commodity Futures Trading Commission (“CFTC”), this communication constitutes an invitation to consider entering into a derivatives transaction under US CFTC Regulations §§ 1.71 and 23.605, where applicable, but is not a binding offer to buy/sell any financial instrument. This Communication is prepared by Citi Global Wealth Investments (“CGWI”) which is comprised of the invest- ments and capital markets capabilities that are provid- ed to Citi Private Bank, Citi Global Wealth at Work, Citi Personal Wealth Management and Citi Personal Invest- ments International (CPII). Citi Private Bank, Citi Global Wealth at Work, Citi Person- al Wealth Management, and Citi Personal Investments International, are businesses of Citigroup Inc. (“Citi- group”), which provide clients access to a broad array of products and services available through bank and non- bank affiliates of Citigroup. Not all products and ser- vices are provided by all affiliates or are available at all locations. In the U.S., investment products and services are provided by Citigroup Global Markets Inc. (“CGMI”), member FINRA and SIPC, Citi Private Alternatives, LLC (“CPA”), member FINRA and SIPC, and Citi Global Alter- natives, LLC (“CGA”). CPA acts as distributor of certain alternative investment products to certain eligible clients’ segments. CGMI accounts are carried by Pershing LLC, member FINRA, NYSE, SIPC. Investment management services (including portfolio management) are available through CGMI, CGA, Citibank, N.A. and other affiliated advisory businesses. Insurance is offered by Citi Personal Wealth Management through Citigroup Life Agency LLC (“CLA”). In California, CLA does business as Citigroup Life Insurance Agency, LLC (license number 0G56746). CGMI, CPA, CGA, CLA and Citibank, N.A. are affiliated compa- nies under the common control of Citigroup. Outside the U.S., investment products and services are provided by other Citigroup affiliates. Investment Man- agement services (including portfolio management) are available through CGMI, CGA, Citibank, N.A., Citibank (Hong Kong) Limited and Citibank Singapore Limited and other affiliated advisory businesses. These Citigroup affili- ates, includingCGA, will be compensated for the respective investment management, advisory, administrative, distri- bution and placement services theymay provide. CGWI personnel and GPS authors are not research an- alysts, and the information in this Communication is not intended to constitute “research,” as that term is defined by applicable regulations. Unless otherwise indicated, any reference to a research report or research recommendation is not intended to represent the whole report and is not in itself considered a recommendation or research report. This Communication is provided for information and discussion purposes only, at the recipient’s request. The recipient should notify CGWI immediately should it at any time wish to cease being provided with such information. Unless otherwise indicated, (i) it does not constitute an offer or recommendation to purchase or sell any security, financial instrument or other product or ser- vice, or to attract any funding or deposits, and (ii) it does not constitute a solicitation if it is not subject to the rules of the CFTC (but see discussion above regarding commu- nication subject to CFTC rules) and (iii) it is not intended as an official confirmation of any transaction. Unless otherwise expressly indicated, this Communica- tion does not take into account the investment objec- tives, risk profile or financial situation of any particular person and as such, investments mentioned in this docu- ment may not be suitable for all investors. Citi is not act- ing as an investment or other advisor, fiduciary or agent. The information contained herein is not intended to be an exhaustive discussion of the strategies or concepts mentioned herein or tax or legal advice. Recipients of this Communication should obtain advice based on their own individual circumstances from their own tax, financial, le- gal, and other advisors about the risks and merits of any transaction before making an investment decision, and only make such decisions on the basis of their own objec- tives, experience, risk profile and resources. The information contained in this Communication is based on generally available information and, although obtained from sources believed by Citi to be reliable, its accuracy and completeness cannot be assured, and such Wealth Outlook 2024