Citigroup CEO Jane Fraser elected Chair; receives $25M equity award and 1.055M options

CITIGROUP INC

Jane Fraser elected Chair of Citi's Board; John Dugan becomes Lead Independent Director.
Compensation Committee grants Fraser $25M RSUs and 1.055M stock options, vesting pro-rata over years 3-5.
Award reflects Board confidence in Fraser's leadership on transformation, simplification, and shareholder returns.
Award subject to clawback and 75% stock ownership retention requirement for Fraser.

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