NEW YORK, April 29 (Reuters) - A large majority of

Citigroup ( C/PN ) shareholders has approved CEO's Jane Fraser's 33% pay

increase to $34.5 million at a virtual annual meeting held on

Tuesday, as well as the compensation for other senior

executives.

More than 91% of shareholders voted in favor of the

compensation packages. All proposals by Citi's board were

approved with more then 90% of the votes, and all shareholders

proposals were rejected.