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Merger of Financial Assurance Company Limited and Financial Insurance Company into AXA France VIE

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The Financial Assurance Company Limited with its registered office in Building 6, Chiswick Park, 566 Chiswick High Road, W4 5XR London, United Kingdom and the Financial Insurance Company with its registered office in Building 6, Chiswick Park, 566 Chiswick High Road, W4 5XR London, United Kingdom, intend to transfer their entire life insurance portfolio to AXA France VIE with its registered office at 313 Terrasses de l’Arche, 92727 Nanterre Cedex, France.

According to information received from the British supervisory authority, policies held by policyholders in Austria are also affected.

Since there is a merger, no termination right exists for insurance policyholders pursuant to Article 31 para. 2 VAG 2016.