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General Terms and Conditions for Welcome Offer:1.All welcome offers are not applicable to U.S. persons, except deposit interest rate.2.All welcome offers are not applicable to CitiBusiness Accounts.3.All the continuous HK stock buy fee waiver offer, Stock transfer-in for HK 3,000 cash rewards, No MinimumBrokerage Fee Offer and credit card welcome offer are not applicable to Citibank staff.4.Unless otherwise specified, all welcome offers are not eligible for overseas clients (with an overseascorrespondence address). However, International Personal Banking clients are eligible for “New-Fund offer” and“Product Balance offer. All offers are not applicable to existing banking clients of Citibank (Hong Kong) Limitedand / or Citibank, N. A. (Citibank, N.A., organized under the laws of U.S.A. with limited liability) (“the Bank”) andclients who had a banking relationship with the Bank in the last 12 months.5.International Personal Banking clients are not eligible for all Citi Priority/ Citibanking offers.6.Unless otherwise specified, the Promotion Period is valid from July 1 to July 31, 2021, inclusive of both dates("Promotion Period").7.Each client can only enjoy the offer once during the promotion period. For joint accounts, only one offer will begiven to the Primary Account Holder.8.Cash rebate will be credited to eligible clients’ HKD account only and the account status of each client must remainvalid and normal at the time when the corresponding offer is rewarded or delivered to the client. Otherwise, thereward will be forfeited absolutely.9.The Bank reserves the right to claim for the refund of the gift should the new account be closed/downgraded within6 months from the date of account opening, or the new client's "Average Daily Combined Balance" falls below theminimum balance requirement within 6 months from the date of account opening. The gift value will be debitedfrom the client’s account at the time of account closure or downgrade, or 1 month from the first day the accountbalance falls below the required level whichever is earlier.10. If the new client closes all of his/her accounts within 6 months from his/her account opening date, an accountclosure fee of HK 500 (or equivalent) will be charged.11. The Bank reserves the right to amend the above Terms and Conditions from time to time and is entitled at anytime without any liability in any manner whatsoever to alter the program without prior notice. Should there be anydispute, the Bank’s decision will be final.12. Welcome Offers cannot be used in conjunction with other special promotions, discounts or promotional coupons,nor be transferred or exchanged for cash or other offers.13. The above product(s) and/or service(s) mentioned in this Citibank Accounts & Services Opening Application arenot offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey,Jersey, Monaco, San Marino, Vatican, The Isle of Man and United Kingdom. This Citibank Accounts & ServicesOpening Application is not intended as a recommendation or an offer or solicitation for the purchase or sale of anyof the above product(s) and/or service(s) to such individuals.14. The English version of these Terms and Conditions shall prevail wherever there is a discrepancy between theEnglish and the Chinese versions.Terms & Conditions of Welcome Offers:

1.Unless otherwise specified, welcome offers will be credited to each eligible client’s banking account by the dateas specified in the table below.2.Account Opening DateCash rebate will be creditedJuly 1 to July 31, 2021On or before January 31, 2022Citigold is exclusive for clients who maintain the “Average Daily Combined Balance” of HK 1,500,000 or above,otherwise we reserve the right to convert his/her Citigold account to a Citi Priority or Citibanking account. Shouldthe “Average Daily Combined Balance” fall below HK 1,500,000 for 3 consecutive months, a monthly service feeof HK 300 will be charged. For the fees of individual services, please refer to the latest service fee guide.3.The minimum requirement for Citi Priority account opening is HK 500,000. For Citigold or Citi Priority clients to beeligible for the Welcome Offers, the clients must register and login at least once at Citi Mobile App or CitibankOnline within the first 3 calendar months from account opening (including the month of account opening and the 2months following).4.The "Average Daily Combined Balance" is calculated based on the sum of your daily balances of deposit,investment and accumulated paid premium of selected insurance products of all your single name account(s) andjoint name account(s), divided by the number of calendar days in the month. Selected insurance products meaninsurance policy(ies) with savings element or investment-linked insurance.5.New Funds Offer:To be entitled to relevant offers, new client is required to join Citigold Private Client / Citigold/ Citi Plus during thePromotion Period and fulfill the following requirements: New clients must bring in the required new funds specified below within the first 2 calendar months fromaccount opening (including the month of account opening and the month following):Banking ServiceNew funds amountCash rebate (HK )(HK or equivalent) Citigold Private ClientHK 10,000,000HK 32,000Citigold Private ClientHK 8,000,000HK 30,000CitigoldHK 4,000,000HK 14,500CitigoldHK 2,500,000HK 10,000CitigoldHK 1,800,000HK 7,000CitigoldHK 1,500,000HK 6,000Clients are required to maintain the new funds according to the hold fund period specified below andsign the fund maintenance agreement. Fund maintenance agreement is not required if account openedsuccessfully via remote account opening without visiting branch.Account Opening DateHold Fund Period (until)July 1 to July 31, 2021December 31, 2021 New clients must enroll in the e-Statement Service at the time of account opening. New funds exclude transfer of funds within the Bank. Transfer-in Mutual Funds/Bonds/Securities (HongKong, US or A shares via Hong Kong Shanghai Connect) will be counted as New Funds. Only Mutual

Funds/ Bond offered by Citibank (Hong Kong) Limited, Citibank, N.A., organized under the laws of U.S.A.with limited liability, Citigroup Inc. will be accepted. The transfer-in process may take at least 2 to 3 months.6)Payroll Account Offer:To be eligible for Payroll Account Offer, new clients must: Successfully open a Citigold Private Client / Citigold account and a Step-Up Interest Account; and Start depositing monthly salary (payroll) into the Step-Up Interest Account for 3 consecutive months viathe auto payroll service or standing instructions within the first 3 calendar months from account opening(including the month of account opening and the 2 months following); and Fulfill the requirements stated in respective banking account’s New Funds Offer and sign the fundmaintenance agreement. The Bank reserves the right to reclaim the full cash value of the gift if the consecutive monthly payrolldeposit is halted at any time in the first year after account opening.Monthly SalaryBanking Services7)Cash rebate (HK )(HK or equivalent)Citigold Private Client /HK 80,000 or aboveHK 800CitigoldHK 50,000 or aboveHK 500HK 30,000 or aboveHK 300Digital Channel Offer:New clients can enjoy cash rebate specified in table below, according to the schedule stated in clause 1, uponsuccessful opening of a Citigold account through online appointment / a Citigold account through straight-throughremote account opening solution. New clients must also fulfill the requirements listed in clause 5 for Citigoldaccount. Straight-through remote account opening solution is defined as the online account opening solution forCitigold with the process of filling in online forms, capturing Hong Kong Identity Card, selfie, residential addressproof and signature specimen with Citi Mobile App, without visiting physical branch.Banking ServiceCash rebate (HK )CitigoldHK 500Terms & Conditions of Banking Account Client Referral Offer:1.The Promotion Period is valid from July 1 to July 31, 2021, inclusive of both dates ("Promotion Period").2.Unless otherwise specified, all offers are not eligible for overseas clients (with an overseas correspondenceaddress) and Citibank sales staff.3.The Client Referral Offer is not applicable to Referrers and Referees if the Referrer or Referee is a residentindividual of the European Union, European Economic Area (EEA) or any other jurisdictions where referral

activity is restricted, at the time of referral and fulfillment of the offer. Please consult a bank representative fordetails.4.The referrer must be existing Citigold Private Client / Citigold / Citi Priority/ Citi Plus/ Citibanking client of TheBank while referee(s) (new client) apply for banking account.5.The referrer must maintain designated “Average Daily Combined Balance” of their account at the time ofreferral and fulfillment of the offer, in order to be eligible for the referral offer.“Average Daily Combined Balance”Banking Services(HK or equivalent)Citigold Private ClientHK 50,000 or aboveCitigoldCiti PriorityCiti PlusCitibanking6.The referral offer is not applicable if referee (new client) had any banking relationship within the past 12 monthsor is an existing client of Citibank banking services.7.To be eligible for the referral offer, referrer must successfully refer new client(s) to be a Citigold Private Client/ Citigold client(s) during the Promotion Period, subject to the fulfillment of welcome offers requirements(including New Funds Offer or Payroll Account Offer) :Referral Offer (Cash Rebate)8.Citigold Private ClientCitigoldHK 8,000 eachHK 2,000 eachReferrers cannot refer themselves to become new clients, including the owner/ shareholder of company refershis/ her company or vice versa. Referrers and referees cannot refer each other to become a new client.9.The referrer's entitlement to the referral offer will be subject to the Bank's confirmation on the referee'sfulfillment of the welcome offers requirements.10. The referral offer will be credited to the referrer's Citibank account on the 7th month upon the referee's accountopening after the referee has fulfilled the requirements of the new funds offer11. Only those clients (including referrer and referee) whose relevant accounts are valid and in good standingduring the entire promotional and redemption period will be eligible for the rewards. If the account statuschanges, the Bank reserves the right to terminate the offers to the eligible clients, without prior notice.12. The referral offer cannot be used in conjunction with other special promotions, discounts or promotionalcoupons, nor be transferred or exchanged for cash or other offers.Product Balance Offer:1.To be eligible for Product Balance Offer, new Citigold Private Client / Citigold client is required to fulfill thefollowing requirements by the first 6 months of account opening and the aggregate amount of DesignatedProduct Balance must be maintained on the last day of the 6th month of account opening.

Citigold Private Client / Citigolda. Fulfilled the requirements stated in the New Funds Offer; andb. Maintained an aggregate amount of Designated Product Balance at the Bank:DesignatedBalance to be calculated under the Offer at the last day of the 6th month of accountProductopeningMutual- Total amount of Mutual Fund holdings in minus the total amount of Mutual Funds redeemedFundsand transferred out.- Mutual Funds must be distributed by the Bank and authorized by the Securities and FuturesCommission.Bonds- Total amount of Bond holdings in minus the total amount of Bonds redeemed and transferredout.- Not applicable to all retail Bond IPOs and Certificates of Deposit.Structured- Total amount of Structured Products holdings minus the total amount of Structured ProductsProductsearly called/matured/sell back.Life- Aggregate premium paid of AIA life insurance plans and refundable insurance plans (includingInsuranceboth basic plans and riders) which are of in-force status.- The plans have to be purchased through the Bank.Mortgage2.- Total outstanding balance of the mortgage loanProduct Balance Offer details for respective Banking Service & Designated Product Balance Requirementare listed below:Banking ServiceDesignated Product BalanceCash Rebate (HK )(HK or equivalent)3.Citigold Private ClientHK 2,000,000HK 20,000CitigoldHK 1,500,000HK 15,000HK 650,000HK 6,500HK 200,000HK 2,000Product Balance Offer will be credited to each eligible client’s account together with the New Funds Offer asfollow:4.Account Opening DateDesignated Product Balance to be calculated onJuly 1 to July 31, 2021December 31, 2021Unless otherwise specified, the exchange rate of foreign currency will be calculated according to the Bank’ssystem record.

5.Only clients with valid accounts and in good standing during the entire promotional period and at the time offulfillment will be eligible for the reward. If the account status changes, the Bank reserves the right toterminate the offer to the eligible clients, without prior notice.Terms and Conditions for US Stock 3-month Brokerage Buy Fee Waiver1.2.3.4.5.The “US Stock 3-month Brokerage Buy Fee Waiver” Program (the “US Stock Brokerage Fee Waiver”) is onlyapplicable to clients who open a new securities account with Citibank (Hong Kong) Limited and/ or Citibank, N.A.,organized under the laws of U.S.A. with limited liability (the “Bank”) from July 1, 2021 to September 30, 2021 (the“Promotion Period”) and must not have cancelled or held any sole or joint securities account with the Bank withinthe past 12 months(“New Clients”), in order to enjoy the Program.New Clients can enjoy brokerage fee waiver for the buy trades of US stocks carried out via Citibank Online orCitibank Mobile Securities Services (where applicable) within the first 3 calendar months of securities accountopening.The offer is applicable to US stock buy transactions only. Buy and sell transactions of stock in other markets,stock transfer-in and transfer-out, Initial Public Offering, Stock Regular Savings Plan related transactions are notincluded.New Clients are required to pay the regular brokerage fees at the time of trading. The waived brokerage feeduring the waiver period will be refunded to New Stock Clients' US Dollar settlement account linked to thesecurities account on or before January 31, 2022. New Stock Clients should maintain a valid securities accountand US Dollar settlement account at the time when the refund is made, otherwise the brokerage rebate shall beforfeited absolutely and shall not be paid to the Client through any other means.The Program is not available to clients who are the employees of the Bank or its subsidiaries during the PromotionPeriod and at the time crediting the rewards.Terms and Conditions for "Up to a Lifetime Fee Waiver on Stock Purchases" Program:1.2.3.4.5.The “Up to a lifetime fee waiver on stock purchases” Program (the “Program”) is only applicable to clients whoopen a new securities account with Citibank (Hong Kong) Limited and/ or Citibank, N.A., organized under the lawsof U.S.A. with limited liability (the “Bank”) from July 1, 2021 to September30, 2021 (the “Promotion Period”) andmust not have cancelled or held any sole or joint securities account with the Bank within the past 12 months (“NewClients”), in order to enjoy the Program.New Clients can enjoy brokerage fee waiver for all buy trades of Hong Kong stocks (the "Brokerage Fee Waiver")carried out via Citibank Online or Citibank Mobile Securities Services (where applicable) from the date of accountopening if the below requirements are fulfilled:a. New Clients must have at least one Eligible Transaction* within the first 3 calendar months of securitiesaccount opening. E.g. New Client, who opens a securities account within July 2021, is required to conductat least one buy or sell trade of Hong Kong stocks on or before September 30, 2021, in order to continueenjoying the Brokerage Fee Waiver in October 2021, the 4th calendar month of securities accountopening (the "4th month"). Brokerage fee for all buy trades of Hong Kong stocks within the first 3 calendarmonths of securities account opening will be waived.b. Starting from the 4th month, the Brokerage Fee Waiver will continue if New Clients perform at least oneEligible Transaction in each calendar month thereafter. If New Clients do not conduct any EligibleTransaction in any month starting from the 4th month, the Brokerage Fee Waiver will be terminatedstarting from the following month and cannot be resumed.*Eligible Transaction refers to Hong Kong stock buy or sell transactions only. Buy and sell transactionsof stock in other markets, stock transfer-in and transfer-out, Initial Public Offering, Stock RegularSavings Plan related transactions, are not considered as eligible transactions in the Program.New Clients are required to pay the regular brokerage fees at the time of trading. The waived brokerage fee duringthe waiver period will be refunded to clients’ Hong Kong Dollar settlement account linked to the securities accountwithin 3 months subsequent to the month of the relevant transaction. For Hong Kong stock(s) transaction settledin RMB, the brokerage rebate amount will be credited to Hong Kong Dollar settlement account at the exchangerate of RMB1 HKD1.2. New Clients should maintain a valid securities account and Hong Kong Dollar settlementaccount at the time when the refund is made, otherwise the brokerage rebate shall be forfeited absolutely and shallnot be paid to the Client through any other means.The waived brokerage fee for Eligible Transaction from the 4th month onward will be capped at HK 888 eachmonth.The Brokerage Fee Waiver from the 4th month is only applicable to Citigold Private Clients, Citigold servicesclients, Citi Priority clients and Citibanking clients.

6.The Program is not available to clients who are the employees of the Bank or its subsidiaries during the PromotionPeriod or at the time the brokerage refund is made, otherwise the cash reward shall be forfeited absolutely andshall not be paid to the Client through any other means.Illustration: A New Client who opens a securities account on July 23, 2021, hence, July 2021 will be the 1st calendarmonth.Turnover in the month (HK )TransactionBrokerage Fee WaiverBUYSELLOthermonthfor Buy TradestransactionsCondition 1: New Clients must have at least 1 Eligible Transaction within the first 3 calendar months of securitiesaccount opening to enjoy the Brokerage Fee Waiver in the 4th month1stJuly 2021YesStock transfer-inHK 500,0002ndAugust 2021HK stockHK stockHK 700,000HK 100,000Refundbrokerage fee HK 1,4003rdSeptember2021Condition 2: Starting from the 4th month, New Clients must have at least 1 Eligible Transaction in each calendarmonth to continue the Brokerage Fee Waiver in the following month.4thOctober 2021YesHK stockHK stock(As there were more than 1HK 650,000HK 200,000Eligible Transactions made inRefundthe first 3 months)brokerage fee HK 888*5thNovemberYesHK stockHK stockIPO Application2021(As there were more than 1HK 50,000HK 50,000HK 10,000Eligible Transaction in theRefundprevious month)brokerage fee HK 1006thDecemberYes2021(As there were more than 1Eligible Transactions in theprevious month)7thJanuary 2022Brokerage Fee Waiver isterminated(As there was no EligibleTransaction in the previousmonth)Δ Assuming the brokerage fee is 0.2% of the trading turnover; cells highlighted in grey indicate Eligible Transaction inthe Program.*The waived brokerage fee for Eligible Transaction from the 4th month will be capped at HK 888 each month.MonthTerms and Conditions for "Stock Transfer-in for up to HK 3,000 Cash Reward" offer:1. The promotion is valid from July 1, 2021 to September 30, 2021 ("Promotion Period"), both dates inclusive.2. Clients must successfully transfer in HK/ US/ SH/ SZ stock from a third-party financial institution/ bank at a branch3.or via the “Stock Transfer” function on Citibank Online during the Promotion Period, to be eligible for the cashreward.The cash reward amount will be determined by the total stock transfer-in value net of the total stock transfer-outvalue (“Total Stock Net Value”) of a client during the promotion period, according to the table below:Total stock net value (HK ) 500,000 - 1,000,000Cash reward amount (HK ) 500

1,000,000 - 3,000,000 3,000,000 or above 1,000 3,0004. The Total Stock Net Value is based on the multiple of the closing stock price* on the last trading day of the5.6.7.corresponding successful transfer-in month and number of shares. If a stock involves foreign currency, anexchange rate of USD1 HKD7.8/RMB1 HKD1.2 will be used for its stock value calculation.The stock transfer activities in a joint name stock account will be considered in the Total Stock Net Value calculationfor the primary account holder.Each client can only enjoy the offer once during the promotion period.The cash reward will be rebated to clients’ Hong Kong Dollar settlement account on or before December 31,2021. Clients should maintain a valid securities account and Hong Kong Dollar settlement account at the timewhen the rebate is made, otherwise the cash reward shall be forfeited absolutely and shall not be paid to theClient through any other means.*Previous closing stock price is subject to Hong Kong Exchange (HKEx) adjustment. For details, please refer tothe “Guidelines on Adjustments to the Previous Closing Price of a Security” published by HKEx.Terms and Conditions of “HK 280 Cash Rebate for New to Stock Clients” (“Offer”)1. Unless otherwise specified, the Promotion Period of the Offer is valid from July 1, 2021 to September 30,2021, inclusive of both dates (“Promotion Period”).2. The Offer is applicable to:A New Client (“New Client”) who successfully opens a banking account and a Hong Kong securitiesaccount with Citibank (Hong Kong) Limited and/ or Citibank, N.A., organized under the laws ofU.S.A. with limited liability (“the Bank”) via Mobile Account Opening. New Clients must not havecancelled or held any sole or joint banking account and securities account with the Bank within thepast 12 months. OR2.1bAn Existing Client of the Bank who successfully opens a new Hong Kong securities account withthe Bank via Citibank Online during the Promotion Period (“New Stock Client”). New Stock Clientsmust not have cancelled or held any sole or joint securities account with the Bank within the past12 months. AND2.2New Client and New Stock Client must have at least one Eligible Stock Transaction* via CitibankMobile Stock Services within the first 3 calendar months of Hong Kong securities account opening(including the account opening month).*Eligible Stock Transaction refers to Hong Kong stock buy or sell transactions only. Buy and selltransactions of stock in other markets, stock transfer-in and transfer-out, Initial Public Offering,Stock Regular Savings Plan related transactions, are not considered as Eligible Stock Transactionin the Program.3. Upon fulfilling the requirement of Clause 2, the eligible New Client and New Stock Client will be entitled toHKD280 cash rebate.4. The Offer will be only given once to the Primary Account Holder for joint accounts during the PromotionPeriod.5. The Offer will be rebated to the Hong Kong Dollar settlement account of the eligible New Clients and NewStock Clients that is linked to the securities account on or before January 31, 2022. New Clients and NewStock Clients should maintain a valid securities account and Hong Kong Dollar settlement account at thetime when the rebate is made, otherwise the Offer shall be forfeited absolutely and shall not be paid to theClient through any other means.6. The Offer is not applicable to US persons.7. The Offer cannot be transferred or exchanged for cash or other offers.8. The Offer is not applicable to clients who are the employees of the Bank or its subsidiaries during thePromotion Period.9. The Bank reserves the right to vary or cancel all offers and/ or amend any of these Terms and Conditions atanytime without prior notice. All matters and disputes will be subject to the final decision of the Bank.10. The English version of these Terms and Conditions shall prevail wherever there is a discrepancy betweenthe English and the Chinese versions.2.1aTerms and Conditions for No Minimum Brokerage Fee Offer:

1. No Minimum Brokerage Fee Offer (the "No Minimum Brokerage Fee Offer") is valid until September 30, 2021.2. Clients who conduct HK or US stock transactions via Citibank Online or Citibank Mobile Securities Serviceswill have the minimum brokerage fee (HK stock: HKD/RMB100 per transaction; US Stock: USD30 pertransaction) waived. The No Minimum Brokerage Fee Offer is not applicable to transactions conducted via theDedicated Trading Hotline.General Terms and Conditions:1. Clients will still be charged non-brokerage fee items such as, but not limited to, Stamp Duty, Transaction Levyand Trading Fee where applicable.2. Online IPO application handling fee waiver is valid until September30, 2021.3. All the above offers cannot be used in conjunction with any other offers.4. All the above offers / rewards are not applicable to clients who are the employee of the Bank or itssubsidiaries during the Promotion Period and at the time crediting the rewards.5. The Bank reserves the right to suspend, amend and terminate the offers and change the Terms and Conditionsfrom time to time without prior notice.The Bank reserves the right of final decision in the event of dispute.Welcome Offer: Citi Mobile App Foreign Exchange 0% Spread Promotion Offer (“Promotion”)Terms and Conditions:1.Unless otherwise specified, the Promotion Period is valid from July 1 to December 31, 2021, both datesinclusive (“Promotion Period”).2.The FX Welcome offer is only applicable to Citigold Private Client, Citigold, Citibanking and/or Citi Plusclients who do not hold any Citibank (Hong Kong) Limited and / or Citibank, N.A. (the “Bank”) bankingaccount in the past 12 months (the “New Clients”).3.For joint accounts, the FX Welcome Offer will be given to the Primary Account Holder.4.New Clients who open banking account(s) within the Promotion Period are eligible to enjoy 0% Spread forthe successful Foreign Exchange (“FX”) transactions via Citi Mobile App FX Trading Platform executed(the “Eligible Transaction”) within the first 3 calendar months from account opening (including the month ofaccount opening)(“Eligible Offer Period”). E.g. A new to Citibank Client who opens account on July 28, 2021,hence, July 2021 will be the 1st calendar month. The Client will be eligible to enjoy 0% Spread for theEligible Transactions until September 30, 2021 (the 3rd calendar month).5.Citi Mobile App FX Trading Platform refers to:a.Citigold Private Client, Citigold, Citibanking clients: “Currency Exchange / Trading” of “Foreign Exchange” under “Wealth” module, ori. “Buy Now” or “FX Order Watch” functions from “Foreign Currencies” /“Citibank Global Wallet” under Account Summary Dashboard right afterlogging onb.Citi Plus clients:i. “Buy Now” or “FX Order Watch” functions from “Foreign Currencies” /“Citibank Global Wallet” under Account Summary Dashboard right afterlogging on

6.The exchange rate/pricing indicated in the Citi Mobile App for any particular currency pair generallyincludes any profit margin/spread of the Bank and customers will be charged the all-inclusive price for theEligible Transactions. An amount equivalent to the spread for the Eligible Transaction(s) will be rebated tothe New Client’s debit account (in that corresponding Sell Currency) within 3 months after the Eligible OfferPeriod (“Rebate”). If there is more than 1 eligible transaction for the debit account, the lump sum amount willbe rebated to the corresponding account. For all currencies except Japanese Yen, the Rebate will berounded off to 2 decimal places; for Japanese Yen, the Rebate will be rounded off to the nearest integer.Rebate Examples:Any Date on AccountOpening MonthJuly 2021August 2021September 2021October 2021November 2021December 20217.8.Enjoy the Offer untilRebate PeriodSeptember 30, 2021October 31, 2021On or before December 31, 2021November 30, 2021On or before February 28, 2022December 31, 2021On or before March 31, 2022January 31, 2022On or before April 30, 2022February 28, 2022On or before May 31, 2022On or before January 31, 2022Transactions that involve Gold Manager (paper gold trading), and/or executed through “Payments andTransfers” function are not regarded as Eligible Transaction.If the New Client is no longer a customer of the Bank or the debit account is closed at the time of the Rebateis made, the relevant Rebate shall be forfeited absolutely and shall not be paid to the New Client throughany other means.9.The spread applicable to any transaction may differ from time to time, transaction to transaction and/or clientto client and also depends on the market situation, the size and/or complexity of the transaction, or othercommercial factors. Therefore, a standard amount or fixed rate of the spread prior to any transaction maynot be ascertainable for the purposes of these Terms and Conditions.10. The FX Welcome Offer cannot be used in conjunction with other prevailing FX Promotion Offers (unlessotherwise specified) and Time Deposit offers involving foreign exchange.11. The Bank reserves the right to suspend, amend and terminate the FX Welcome Offer, and change theseTerms and Conditions from time to time without prior notice.12. In the event of disputes or any matters in connection with the FX Welcome Offer, the decision of the Bankshall be final and binding.13. If there is any inconsistency or conflict between English and Chinese versions of these Terms andConditions, the English version shall prevail.14. These terms and conditions shall be governed in accordance with the laws of the Hong Kong SAR and thecustomers irrevocably submit

Funds/ Bond offered by Citibank (Hong Kong) Limited, Citibank, N.A., organized under the laws of U.S.A. with limited liability, Citigroup Inc. will be accepted. The transfer-in process may take at least 2 to 3 months. 6) Payroll Account Offer: To be eligible for Payroll Account Offer, new clients must: