Citigroup Inc. expects to continue the Plan indefinitely but reserves the right to amend, modify, suspend or terminate the Plan — in whole or in part — at any time without prior notice. Citigroup Inc.'s decision to change or terminate the Plan may be due to changes in federal or state laws governing retirement benefits, the requirements of the Code or ERISA, or for any other reason. Such change may transfer Plan assets to another plan or split this Plan into two or more parts.

In the event of a complete termination of the Plan, all participant accounts will be 100% vested. Trust assets then will be used to pay benefits to participants and beneficiaries.