Citigroup, Inc. · NYSE:C
Citigroup — Investor Day (December 2005)
22 slides from Citigroup's investor day presentation, Dec 16, 2005
Slide 1: Investor / Analyst Day
citigroup. Investor / Analyst Day Charles Prince Chief Executive Officer December 16, 2005
Slide 2: 2005 Review
2005 Review Piteticeites — Sold Life Insurance & Annuities — Asset Management / Legg Mason transaction — Restructured U.S. Consumer — Expanded distribution — Enhanced product capability Wetec — Elevated new generation of senior managers fer Tyicim — Repurchased $8. 4B of stock Creel — Resolved sever
Slide 3: Who We Are: 4 Simple Objectives
Who We Are 4 Simple Objectives Provide financial products and services that: > Improve the lives of our customers > Help businesses strengthen and grow > Support community development > Achieve strong growth and returns for our shareholders 3 citigroup™
Slide 4: Most Global Presence
Most Global Presence 1 Physical infrastructure Serving clients! no physical infrastructure
Slide 5: Broadest Distribution
Broadest Distribution Sp Oa Baa Bones Pa Upto 00 ALN S Upto 10 Sin Bere ranches is carport once Presmnc 5 eatigrough™
Slide 6: Most Valuable Brand
Most Valuable Brand Sune Liaoning Hind 6 citigrous?™
Slide 7: Unmatched Scale and Efficiency
Unmatched Scale and Efficiency Highest Revenues and Net Income Industry Leading Margins Largest Capital Base 7 catigroup!
Slide 8: Product Breadth
Product Breadth Serving a Full Customer Spectrum angen - citigroup. citigroupl” imvestment banking citigrou up citibank citicaras Middle Market a Upper Middle citicommercial ‘Small Business meds citi financial mare Lower Middle. Best-in-Class Products/Open Architecture Broadest Convenience and Acces
Slide 9: Competitive Advantages
Competitive Advantages Most Global Presence Broadest Distribution Most Valuable Brand Unmatched Scale and Effi icy Product Bread 9 citigroup?
Slide 10: The Opportunity Ahead
The Opportunity Ahead Global GDP 2004: $41 Tr US. ® International US, ® Source: Global Insight. International 4 since ten centnang Opuaons extn Cooter ang Atenas vaste Eels ea erat cht naman icond nao ecoesocoed n Noth Ames an 75M afer gn ons Sica nani rap ecordes 108 = (@) Incluges Canada. 10 citig
Slide 11: The Opportunity Ahead: International Markets
The Opportunity Ahead International Markets Revenue Market Regional Market Share 2004 2004 (s8) Market Share 2004 Market Size ($B) Market Share 4,396 Citigroup 2.2% 1.5% ‘ear Wealth Mgmt. 0.9% MEA 4,090 Asia 2.8% Corporate 2.2% Japan 2.2% Consumer 2.5% Lathm i 3.1% Mexico |1@ 24.6% 2002 2003 2004 La
Slide 12: The Opportunity Ahead: U.S. Market
The Opportunity Ahead U.S. Market Corporate & Investment Banking Revenue Market Size ($B) 2004 > Continued expansion of product 558 Market Share capability 523 458 Le 7.8% > Target market expansion Udy cards 17.2% Wealth Management > Favorable demographics ELI Retail Bank 2.0% > Client desire for ac
Slide 13: Five Strategic Initiatives - Expanding International Distribution
Five Strategic Initiatives 1 - Expanding International Distribution New Retail Bank Branches Corporate and Investment Banking 276 > Expanding Equities platform > Expanding coverage of local and regional companies 2008 20s 2008 > Infrastructure projects I Organic Branch Openings Gi Branches Acquired:
Slide 14: Five Strategic Initiatives: Expanding U.S. Distribution
Five Strategic Initiatives 2.- Expanding U.S. Distribution 0%, P free © Upto 10 Retail Banking Branches © Upto 10 Consumer Finance Locations © Upto 10 Smith Barney Branches = 14 catigrous
Slide 15: Expanding U.S. Distribution: New Branches
Five Strategic Initiatives 2 - Expanding U.S. Distribution New Retail Bank Branches 354 — ~ 130 70-100 2008E 2006: Gi Acquisitions New Consumer Finance Branches 295 — ~ 37 36 29 2002 2003, 2004 == 2005E = «2006E BH Organic Branch Openings [Acquisitions 15 catigrous™
Slide 16: Expanding U.S. Distribution
Five Strategic Initiatives 2- Expanding U.S. Distribution Corporate and Investment Banking Wealth Manage! > National Corporate Bank > Private Bank National Investment Bank — Expanding team of private — Target over 300 new middle bankers market corporate clients > Expanding electronic > Smith Barney
Slide 17: Five Strategic Initiatives - Transferring Expertise
Five Strategic Initiatives 3 - Transferring Expertise Leveraging Skills across Businesses and Countries Products / Operations & Decision Credit / Risk Marketing Technology | Management fj Management 47 catigrous™
Slide 18: Investing in Technology and People
Five Strategic Initiatives 4 - Investing in Technology and People 18 citigroup
Slide 19: Five Strategic Initiatives - Allocating Capital
Five Strategic Initiatives § - Allocating Capital > Rigorous capital allocation process > Capital uses: — Organic growth — Acquisitions — Dividends — Buybacks > Maximizing long-term shareholder returns 19 citigrous™
Slide 20: What You Should Expect From Citigroup
What You Should Expect From Citigroup Execute on strategic initiatives Sustained investment spending Targeted acquisitions Continued expense discipline » Strong returns on capital » Near-term continued share buybacks » Long-term revenue and earnings growth 20 citigroup!
Slide 21: Summary
Summary > Mix shift - increasing international > Sustained effort to organically build out distribution > Continue to invest in product capability > Breaking down silos and driving a more integrated approach to customer relationships, products and technology » Allocating capital to maximize returns
Slide 22: Searchable text section of graphics shown above
Searchable text section of graphics shown above [L OGO] Investor / Analyst Day Charles Prince Chief Executive Officer December 16, 2005 20 05 Review Strategic • Sold Life Insurance & Annuities • Asset Management / Legg Mason transaction • Restructured U.S. Consumer • Expanded distribution • Enhanced