BRIEF

on The Vanguard Group, Inc. (isin : US12572Q1058)

The Vanguard Group Discloses Position in American Axle & Manufacturing

The Vanguard Group, Inc. has filed Form 8.3, disclosing its interest in American Axle & Manufacturing Holdings, Inc., which falls under Rule 8.3 of the Takeover Code. The disclosure, made on October 6, 2025, outlines Vanguard's holding of 8,863,346 shares, accounting for 7.47% of American Axle's USD 0.01 common stock.

The filing indicates no involvement in cash-settled or stock-settled derivatives, suggesting a straightforward equity position. On October 3, 2025, Vanguard executed a sale of 6,374 shares at a price of 6.22 USD per unit. Additionally, Vanguard is also making disclosures regarding Dowlais Group plc, an associated party to the transaction.

No indemnity or other dealing arrangements related to the securities were reported. The contact for this disclosure is Shawn Acker, reachable at 001-610-669-6713.

R. P.

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