Product Disclaimers

PD1.1 Investments

Investment products are not bank deposits, nor obligations of, nor guaranteed by Citibank Singapore Ltd, Citibank, N.A., Citigroup Inc. or any of its affiliates or subsidiaries, and are subject to investment risks, including the possible loss of the principal amount invested. Investment products are not insured by the Federal Deposit Insurance Corporation.

Past performance is not indicative of future results and prices and values can go up or down. Investors investing in funds denominated in non-local currency should be aware of the risk of exchange rate fluctuations that may cause a loss of principal when foreign currency is converted back to the investors’ home currency. Investors should therefore determine whether any foreign currency investment is suitable for them in the light of their personal investment objectives, financial means and risk profile. All subscriptions for Investment Products must be made on application forms accompanying the prospectus. Prospectuses are available from Citibank Singapore Ltd and the Fund Managers' offices.

PD1.2 Deposit Insurance Scheme

Deposit Insurance Scheme - Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

This document does not constitute the distribution of any information or the making of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such a document or make such an offer or solicitation. Investment products are not available to U.S. persons and may not be available in all jurisdictions.

Citibank full disclaimers, terms and conditions apply to individual products and banking services.

PD1.3 Foreign Currency Time Deposits

Foreign currency investments are subject to rate fluctuations, which may provide both opportunities and risks. You may experience a loss when you convert foreign currency back to your home currency. Exchange controls may be applicable from time to time to certain foreign currencies. You should therefore determine whether any foreign currency investment is suitable for you in the light of your investment objectives, your financial means and your risk profile. Foreign currency investments are not insured by the Federal Deposit Insurance Corporation.

Deposit Insurance Scheme - Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Citibank full disclaimers, terms and conditions apply to individual products and banking services.

PD1.8 Gold

Investments in Unit(s) of Gold are subject to price fluctuations which may provide both opportunities and risks. There is no yield or interest generated and a loss may be incurred due to fluctuations in its price. Physical delivery of gold, or physical deposit or withdrawal and wire transfer of Unit(s) of Gold to and from the Gold Account is not permitted. You should therefore determine whether any gold investment is suitable for you in the light of your investment objectives, your financial means and your risk profile. Investments in Unit(s) of Gold are not insured by the Federal Deposit Insurance Corporation. Investment products including Gold Accounts and gold trading are not available to U.S. persons and may not be available in all jurisdictions. Citibank Singapore Limited is acting as principal in buying or selling the Unit(s) of Gold in your Gold Account.

Deposit Insurance Scheme - Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Citibank full disclaimers, terms and conditions apply to individual products and banking services.

PD1.9 FX Options

This proposal is not an offer to sell nor a solicitation of an offer to enter into a transaction. The terms set forth herein are intended for discussion purposes only and are subject to the final expression of the terms of the transaction in the applicable agreements and/or confirmation. Further, while some of the information provided may have been obtained from various published and unpublished sources considered to be reliable, neither Citibank Singapore Ltd, Citibank N.A., Citigroup Inc. nor any of their affiliates guarantees its accuracy or completeness or accepts liability for any direct, indirect or consequential losses arising from its use.

Trading foreign currency or currency options on margin can lead to substantial losses. You may sustain loss in excess of your initial margin funds. Placing contingent orders, such as “stop loss” or “stop limit” orders will not necessarily limit losses to the intended amounts. Market conditions may make it impossible to execute such orders and you may be called upon at short notice to deposit additional margin funds. If the required funds are not provided within the prescribed time, your position may be liquidated. You shall remain liable for any resulting deficit in your account. Prior to entering into any proposed transaction, you should determine, without reliance upon Citibank Singapore Ltd, Citibank, N.A. or its affiliates, the economic risks and merits, as well as the legal, tax and accounting characterizations and consequences, of the transaction and that you are able to assume these risks. You should therefore carefully consider whether such trading is suitable in the light of your investment objectives, your financial means and your risk profile. Options are not insured by the Federal Deposit Insurance Corporation. This document and its contents are proprietary information and products of Citibank Singapore Ltd and may not be reproduced or otherwise disseminated in whole or in part without Citibank's written consent.

Deposit Insurance Scheme - Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Citibank full disclaimers, terms and conditions apply to individual products and banking services.

PD1.10 CCTA and Leveraged Trading accounts

This proposal is not an offer to sell nor a solicitation of an offer to enter into a transaction. The terms set forth herein are intended for discussion purposes only and are subject to the final expression of the terms of the transaction in the applicable agreements and/or confirmation. Further, while some of the information provided may have been obtained from various published and unpublished sources considered to be reliable, neither Citibank Singapore Limited, Citibank N.A., Citigroup Inc. nor any of their affiliates guarantees its accuracy or completeness or accepts liability for any direct, indirect or consequential losses arising from its use.

The risk of loss in leveraged trading may be substantial. You may sustain loss in excess of your initial margin funds. Placing contingent orders, such as “stop loss” or “stop limit” orders will not necessarily limit losses to the intended amounts. Market conditions may make it impossible to execute such orders and you may be called upon at short notice to deposit additional funds. If the required funds are not provided within the prescribed time, your position may be liquidated. You shall remain liable for any resulting deficit in your account. While the bank may attempt to contact you in the event of a margin call, if the value of the collateral in your account drops below the Bank’s force sell requirements the bank is not required to contact you and can liquidate your trading positions or other assets from your account without contacting you. Prior to entering into any proposed transaction, you should determine, without reliance upon Citibank Singapore Limited, Citibank, N.A. or its affiliates, the economic risks and merits, as well as the legal, tax and accounting characterizations and consequences, of the transaction and that you are able to assume these risks.

You should therefore carefully consider whether such trading is suitable in the light of your investment objectives, your financial means and your risk profile. Leveraged trading products are not insured by the Federal Deposit Insurance Corporation. Investment products including leveraged trading products are not available to U.S. persons and may not be available in all jurisdictions. This document and its contents are proprietary information and products of Citibank Singapore Limited and may not be reproduced or otherwise disseminated in whole or in part without Citibank's written consent.

Deposit Insurance Scheme - Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Citibank full disclaimers, terms and conditions apply to individual products and banking services.

PD1.11 Additional Clause to PA Agreement & Risk Disclosure Statement, and Application for Derivatives Transactions Agreement

I/We are not a United States citizen or otherwise a United States person for the purpose of the United States Securities Act of 1933, and acknowledge that investments in the Accounts may not be held for or transferred to a United States person and undertake to inform the Bank if at any time I/we become a United States person. In the event that I/we become (a) US person(s), I/we agree that the Bank shall be entitled to do all acts and things that the Bank deems necessary to comply with all applicable US laws, including but not limited to a liquidation of the Account on such terms as the Bank may determine. I/We agree to bear all costs and expenses that you may incur as a result thereof. I/We undertake to inform you of any changes in my/our citizenship or residential status within 30 days thereof.

PD1.12 Bonds (Fixed Income Securities):

These securities are obligations only of the issuer. Unless otherwise stated, they are not bank deposits or obligations of or guaranteed by Citibank Singapore Ltd, Citibank, N.A., Citigroup, Inc. or any of its affiliates or subsidiaries (except in the case that Citigroup, Inc. or any of its affiliates or subsidiaries is the issuer), and are subject to investment risks, including the possible loss of the principal amount invested. These securities are not insured by the provisions of the Federal Deposit Insurance Corporation. Investors investing in securities denominated in non-local currency should be aware of the risk of exchange rate fluctuations that may cause a loss of principal. Exchange controls may be applicable from time to time to certain foreign currencies. You should therefore determine whether any foreign currency investment is suitable for you in the light of your investment objectives, your financial means and your risk profile. These securities are not available to US persons.

Deposit Insurance Scheme - Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Citibank full disclaimers, terms and conditions apply to individual products and banking services.

PD1.13 Life Insurance

This is only general product information provided by us and is not a contract of insurance. The information provided must be read with, and subject to, all the terms and conditions and exclusions contained in the policy. The insurance plans are underwritten by AIA Singapore Private Limited (Reg. No. 201106386R) ("AIA") and distributed by Citibank Singapore Limited. All insurance applications are subject to the insurer's underwriting and acceptance.

Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and surrender value payable (if any) may be zero or less than the total premiums paid. You should consider carefully before terminating the policy or switching to a new one as there may be disadvantages in doing so. The new policy may cost more or have fewer benefits at the same cost.

Please refer to the policy contract for the full terms and conditions. You should seek advice from a qualified adviser if in doubt. If you choose not to, you are responsible for ensuring that any insurance product you have applied for is suitable for you.

In the event that you decide that the policy is not suitable after purchasing the policy, you may terminate the policy in accordance with the free-look provision, if any, and the insurer may recover from you any expense incurred by the insurer in underwriting the policy.

Insurance products distributed are an obligation only of the insurance company. They are not a bank deposit or an obligation of or guaranteed by Citibank Singapore Limited or its related entities. This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact your insurer or visit the GIA/LIA or SDIC websites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg ).

For US-dollar denominated insurance plans, premiums and benefits payable will be made in US dollars. For insurance plans dominated in other currencies, premiums will be deducted from your Citibank USD account. Equivalent returns on the policy in other currencies (including Singapore dollar) will depend on prevailing exchange rates which may be highly volatile.

Citibank full disclaimers, terms and conditions apply to individual products and banking services.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

PD1.22 Equity Linked Account (Statements)

Citibank Equity-Linked Accounts are structured deposits, and are subject to investment risks and potential returns may vary, depending on the official closing price of the underlying share on the Expiry Date. An Equity-Linked Account is an investment product that should be held to maturity. Early withdrawal of a part of a Equity-Linked Account is not permitted. Early withdrawal of the entire Equity-Linked Account is strongly discouraged and may be allowed only with the consent of the Bank. Early withdrawal and deposit breakage charges may be imposed and costs arising from unwinding of embedded option will be deducted from the amount repaid under the Equity-Linked Account, hence resulting in a loss of the principal amount.

Investors investing in an Equity-Linked Account denominated in non-local currency should be aware of the risk of exchange rate fluctuations that may cause a loss of principal when foreign currency is converted back to the investors’ home currency. Exchange controls may be applicable from time to time to certain foreign currencies.Investors should therefore determine whether any foreign currency investment is suitable for them in the light of their personal investment objectives, financial means and risk profile. If the closing price of the underlying share is at or above the Strike Price, principal and interest in the base currency will be payable. If the closing price of the underlying share falls below the Strike Price, interest in the base currency will be payable and the underlying share will be delivered. Citibank has the discretion to pay cash instead of delivering the underlying share in the event of unforeseen circumstances, due to but not limited to, unavailability of shares. The amount of cash payable will be computed based on the closing price of the underlying share on the Expiry Date multiplied by the quantity of the underlying share to be delivered as stated in the written confirmation. In such a case, an immediate loss on the principal will be realised.

Prior to entering into a transaction, investors should consult with their own legal, regulatory, tax, financial and accounting advisors to the extent they consider it necessary, and make their own investment decisions (including decisions regarding the suitability of this transaction) based upon their own judgement and advice from those advisors they consider necessary. In the event that investors choose not to seek advice from a financial advisor, they should carefully consider whether this product is suitable for them in light of their investment objectives, financial means and risk profile. In establishing the Citibank Equity-Linked Account for investors, Citibank Singapore Limited acts as a principal and not as an agent.

The Citibank Equity-Linked Account is not a bank deposit, nor obligation of, nor guaranteed by Citibank Singapore Ltd, Citibank, N.A., Citigroup Inc. or any of its affiliates or subsidiaries. All obligations under the Equity-Linked Account are payable solely at and by the Bank, subject to the laws of Singapore (Including any governmental actions, orders, decrees and regulations). The Citibank Equity-Linked Account is not insured by the Federal Deposit Insurance Corporation.

Deposit Insurance Scheme - Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

For further information on Equity-Linked Accounts, please refer to the Equity-Linked Account agreement and the confirmation advice. Citibank full disclaimers, terms and conditions apply to individual products and banking services.

PD1.23 General Portfolio

The term "Portfolio(s)" referred to in this [brochure / presentation / document] are merely references to illustrations of asset allocations in general and are not personalized to your specific investment needs. Your individual investment holding(s) will not be actively monitored by Citibank Singapore Limited and Citibank Singapore Limited does not undertake to, and is not obliged to, undertake a review, manage or monitor your investment holding(s) or to track your investment holding(s).

PD1.24 Portfolio (Investment Holdings)

Your individual investment holding(s) will not be actively monitored by Citibank Singapore Limited and Citibank Singapore Limited does not undertake to, and is not obliged to, undertake a review, manage or monitor your investment holding(s) or to track your investment holding(s).

PD1.25 Portfolio (Investment Model Portfolio)

This is neither an offer nor solicitation to purchase or sell any security, other investment or service or to attract any funds or deposits. This document does not constitute the distribution of any information or the making of any offer of solicitation by any one in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such document or make any offer or solicitation. Investors investing in investment products denominated in non-local currency should be aware of the risk of exchange rate fluctuations that may cause a loss of principal. Investment products are not available to US Persons, not insured by the Federal Deposit Insurance Corporation and may not be available in all jurisdictions.

Portfolio diversification is an important element for an investor to consider when making investment decisions. Concentrated positions may entail greater risks than a diversified portfolio. Certain factors that affect the assessment of whether your overall investment portfolio is sufficiently diversified may not be evident from a review of only your account with Citibank. It therefore is important that you carefully review your entire investment portfolio to ensure that it meets your investment goals and is within your risk tolerance, including your objectives for asset and issuer diversification. To discuss your asset allocations and potential strategies to reduce the risk and/or volatility of a concentrated position, please contact your personal banker/relationship manager.

Citibank’s Model Portfolio is not a program or offering, but is a diversification tool that is meant for reference purposes only. Model Portfolios are: (i) not binding on part of the clients; (ii) not monitored by Citibank with respect to clients individual investment holdings; and (iii) not personalized to the specific needs of an individual client. Citibank’s Model Portfolios are not available to US Persons and may not be available in all jurisdictions.

This document is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities, investment or service, or to attract any funds or deposits. The information contained in this document does not constitute an offer for sale in any jurisdiction in which such offer is or may be prohibited, restricted or subject to any requirement for filing, authorization, license or consent. While Citibank has taken reasonable care to ensure that the information in this document is accurate at the date of this document, Citibank accepts no liability for the accuracy or completeness or use or reliance of, nor any liability to update, the information contained in this document. In particular, actual results and developments may be materially different from any forecast, forward-looking statement, opinion or expectation expressed in this document.

You acknowledge and agree that the “Model Portfolio(s)” referred to in this document are merely references to illustrations of recommended asset allocations based on your risk profile and investment objectives and that such “Model Portfolio(s)” are not personalized to your specific investment needs. The “Model Portfolio(s)” are arrived at and are provided to you without having regard to any underlying portfolio of investments which you may have or hold. You further acknowledge and agree that these “Model Portfolio(s)” are provided as at a specific point in time and will not be actively monitored by Citibank with respect to your individual investment holdings and that [unless otherwise agreed in writing] Citibank does not undertake to, and is not obliged to, undertake a review, manage or monitor your investment holdings or to track your investment holdings against any “Model Portfolio”. You also acknowledge and agree that no investment advisory or fund management services are being provided to you by virtue of the “Model Portfolio(s)” and that you will be solely responsible for your own decisions on investments and you will not rely on Citibank or any of its agents, officers or employees in any way in relation to such investments and/or the asset allocation of your investments.

PD1.26 Market Report

This information is being provided to you at your request. The opinions expressed in this document should be regarded solely as general market commentary, and does not constitute investment advice or a guarantee of returns. Neither the information nor any opinions expressed herein constitute or are intended to constitute an offer or invitation to any person (nor are they calculated to induce any offer or invitation from any person) to acquire, subscribe for or purchase any investment product.

This document does not constitute the distribution of any information in any jurisdiction in which such distribution is not authorised or to any person to whom it is unlawful to distribute such a document. This document does not constitute the making of an offer or solicitation. Investment products are not available to US persons and all product and services may not be available in all jurisdictions.

Citibank Singapore Ltd provides no independent research or analysis of the substance or in preparation of this report.

PD1.27 Market Report (Electronic Mailer - TH)

This information is being provided to you at your request. You should note that neither the information nor any opinions expressed in the email constitute or are intended to constitute an offer or invitation to any person (nor are they calculated to induce any offer or invitation from any person) to acquire, subscribe for or purchase any securities.