BRIEF

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

The Vanguard Group, Inc. Discloses Position in American Axle & Manufacturing Holdings, Inc.

The Vanguard Group, Inc. has filed a Form 8.3, in accordance with Rule 8.3 of the Takeover Code, relating to their interests in American Axle & Manufacturing Holdings, Inc. The disclosure indicates Vanguard holds a 10.95% interest in American Axle through ownership of 12,873,564 common USD 0.01 securities. In addition to American Axle, the group is also making disclosures concerning Dowlais Group plc.

The filing details a recent transaction, where The Vanguard Group sold 1,239 shares at a price of USD 4.13 per unit. The disclosure notes that there are no cash-settled or stock-settled derivatives, nor are any agreements, arrangements, or understandings in place related to options or other securities.

The disclosure was made on May 8, 2025, with the position held as of May 7, 2025. There are no supplemental attachments included with this filing.

R. P.

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