Union Campaign Poster Against Citigroup

It’s time for a fresh start and a new day at Citi. • • • • • •

More than $64 billion in write-downs More than $27 billion in losses Multiple government bailouts in the billions of dollars $289 billion in shareholder value washed away Shareholder dilution to as little as 26 percent Large exposures to risky assets remain

Shareholders are not out of the storm yet. Analysts predict Citigroup could incur $55.5 billion in additional markdowns over the next 18 months.

Vote NO on: C. Michael Armstrong, Alain Belda, John Deutch, Andrew Liveris, Anne Mulcahy and Judith Rodin. This is not a proxy solicitation. We are not asking for your proxy card.

The Audit & Risk Management Committee was responsible for risk assessment and risk management. The members of the Risk Committee miserably failed their fiduciary responsibility for risk. Each of the proxy advisory services agrees – the long-term members of the Committee failed to protect shareholders from excessive risk.

Riskmetrics – Citi’s “audit committee and board have chronically failed to address the company’s risk management and compliance issues.” Glass Lewis – “These directors failed to adequately oversee the company’s risk controls ... leading to substantial writedowns and losses.” Egan-Jones – these directors “failed to protect shareholders from excessive exposure to credit, market, liquidity and operational risk.”

Vote NO on: C. Michael Armstrong, Alain Belda, John Deutch, Andrew Liveris, Anne Mulcahy and Judith Rodin. 25609

This is not a proxy solicitation. We are not asking for your proxy card.