Citi Premium Account

• Premium Account is a structured investment product with an FX embedded option. Option transactions involve foreign exchange and other risks, including the possible loss of the principal amount invested. The investment decision is yours and you should not invest in a Premium Account unless you are satisfied that, or any intermediary who sells this product to you has explained to you that, the product is suitable for you having regard to your financial situation, investment experience and investment objectives.
• Investors hold the product to maturity. Termination before maturity is NOT allowed.
• When the base currency or alternate currency is RMB, the Bank will use the applicable offshore Renminbi ("CNH") exchange rates.
• Investors should not only rely on the product description and illustrative examples alone to make investment decisions. Please also refer to the Terms and Conditions for Accounts and Services (including risk factors) and the Disclaimer set out below for details. If you are in any doubt or have any questions, you should seek independent professional advice prior to investing in the product.
• Past performance is not indicative of future performance.
• Any investment is subject to the insolvency and credit risk of Citibank (Hong Kong) Limited and/ or Citibank, N.A. (the “Bank”). There is no assurance of protection against a default by the Bank in respect of any payment obligation. In the case of the insolvency of the Bank, you may lose your entire investment irrespective of the performance of the foreign currency market and the terms of the Premium Account.
• Investors should understand that the Bank is acting as a principal in providing the product. The Bank and/or its affiliates may receive benefit from the origination and distribution of the product.
• Your purchase of the Premium Account should not result in a significant exposure of your total net worth to investment products and you should be able to accept the possible loss of the principal amount invested.
• There are risk factors listed in the account opening documents. Investors should read the relevant content carefully before subscribing to the Premium Account.
• This material is issued by Citibank (Hong Kong) Limited and/ or Citibank, N.A., a licensed bank regulated by the Hong Kong Monetary Authority.
• The Premium Account is governed by the law of Hong Kong and each of the Investor and the Bank submits to the non-exclusive jurisdiction of the Hong Kong Courts.

The minimum transaction amount for a Premium Account is USD 5,000 or equivalent. A Premium Account is a structured investment product. Unlike traditional deposits, a Premium Account has an investment element and returns may vary. It is subject to a number of risks. A Premium Account is in substance a foreign currency investment. It is subject to exchange rate fluctuations which may create both opportunities and risks. A Premium Account is:

1. not insured by any government agency;
2. not a deposit or other obligation of, or guaranteed by, the depository institution; and
3. subject to investment risks, including the possible loss of the principal amount invested.

This means investors may effectively incur a loss on the principal amount invested. The maturity proceeds in respect of a Premium Account will be repaid in the currency that is the weaker of the base currency or the alternate currency (depending on the exchange rate on the Notification Date and subject to the Bank's total discretion). This means investors may effectively incur a loss on the principal amount of the Premium Account, because the amount repaid at maturity, when converted back into the base currency at the prevailing foreign exchange rate, may be lower than the amount of the base currency that investors initially invested. The higher rate of interest investors earn under the Premium Account may not compensate them for this foreign exchange loss. Investors should also note that a Premium Account is an investment product that should be held to maturity. Termination before maturity is not allowed. When the base currency or the alternate currency is RMB, the Bank will use the applicable CNH exchange rates. The CNH exchange rate may be different from the CNY exchange rate. RMB is currently not freely convertible and the conversion of RMB is subject to certain restrictions and it may not have an active secondary market. Investors may not receive the full amount in RMB upon maturity. Investors may therefore wish to seek independent professional advice before making a commitment to enter into a Premium Account. In the event that investors choose not to seek independent professional advice, they should carefully consider whether a Premium Account is suitable in the light of their own investment objectives, financial position and risk profile. All obligations herein are payable solely at and by Citibank (Hong Kong) Limited and/ or Citibank, N.A., subject to the Laws of Hong Kong (including governmental actions, orders, decrees and regulations). Investment products are not available for U.S. persons and might only be applicable to limited jurisdiction. If there is any inconsistency between the English version and Chinese version, the English version will prevail.