The Austrian Financial Market Authority (FMA) granted a licence to VAV Versicherungs-Aktiengesellschaft (Commercial Register no. FN 118015b) by means of an administrative decision pursuant to Article 6 para. 1 of the Insurance Supervision Act 2016 (VAG 2016; Versicherungsaufsichtsgesetz 2016) for the insurance class 7. Goods in transit pursuant to Annex A to Article 7 para. 4 VAG 2016.