Citi Banking, Capital Markets and Advisory (BCMA) Disclaimer

This communication has been prepared by an employee of Citigroup Global Markets Inc. or one of its affiliates (collectively, "Citi").

The electronic message (including its attachments, if any) to which this disclaimer relates (the "Message") is provided for information and discussion purposes only. Unless otherwise expressly stated therein, it does not constitute investment research, or a solicitation or offer to purchase or sell any securities or other financial products or services, and does not take into account the investment objectives or financial situation of any particular person.

Citi often acts as an issuer of financial instruments and other products, acts as a market maker and trades as principal in many different financial instruments and other products, and can be expected to perform or seek to perform investment banking and other services for the issuer of such financial instruments or other products.

The author of the Message may have discussed the information contained therein with others within or outside Citi and the author and/or such other Citi personnel may have already acted on the basis of this information (including by trading for Citi's proprietary accounts or communicating the information contained herein to other customers of Citi). Citi, Citi's personnel (including those with whom the author may have consulted in the preparation of the Message), and other customers of Citi may be long or short the financial instruments or other products referred to in the Message, may have acquired such positions at prices and market conditions that are no longer available, and may have interests different from or adverse to your interests. All views, opinions and estimates expressed in this Message (i) may change without notice and (ii) may differ from those views, opinions and estimates held or expressed by Citi or other Citi personnel.

Investments in financial instruments or other products carry significant risk, including the possible loss of the principal amount invested. Financial instruments or other products denominated in a foreign currency are subject to exchange rate fluctuations, which may have an adverse effect on the price or value of an investment in such products. No liability is accepted by Citi for any loss (whether direct, indirect or consequential) that may arise from any use of the information contained in or derived from the Message. The information contained in this Message 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 information may be incomplete or condensed.

Past performance is not a guarantee or indication of future results. Any prices provided in the Message (other than those that are identified as being historical) are indicative only and do not represent firm quotes as to either price or size. You should contact your local representative directly if you are interested in buying or selling any financial instrument or other product, or pursuing any trading strategy that may be mentioned in this Message.

Although Citibank, N.A. (together with its subsidiaries and branches worldwide, "Citibank") is an affiliate of Citi, you should be aware that none of the financial instruments or other products that may be mentioned in the Message (unless expressly stated otherwise) are (i) insured by the Federal Deposit Insurance Corporation or any other governmental authority, or (ii) deposits or other obligations of, or guaranteed by, Citibank or any other insured depository institution.

The Message may contain confidential, privileged and/or proprietary information and is intended only for the named addressee. If you are not the intended recipient of the Message, please promptly notify the sender of the transmission error and delete the Message (including all of its attachments). Unintended recipients must not disclose, forward, distribute, share or otherwise disseminate or make use of the information contained in the Message, and intended recipients may only use the information contained in the Message for its intended purpose and subject to the limitations noted therein. The Message may contain data compilations, writings and information that are proprietary to Citi and protected under copyright and other intellectual property laws, and may not be redistributed or otherwise transmitted by you to any other person for any purpose. Electronic messages are not necessarily secure or error-free, can contain viruses, and may be intercepted, corrupted, destroyed, lost or delayed. The sender is not liable for any of these occurrences. Citi reserves the right, subject to applicable law, to monitor, record and retain electronic messages.

IRS Circular 230 Disclosure: Citi and its employees are not in the business of providing tax or legal advice to any taxpayer outside of Citi. This message and any attachments are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

© 2022 Citigroup Global Markets Inc. Member SIPC. All rights reserved. Citi and Arc Design are trademarks and service marks of Citigroup Inc. or its affiliates and are used and registered throughout the world.