The Vanguard Group Discloses Position in Dowlais Group plc

The Vanguard Group, Inc. has disclosed its public opening position concerning the relevant securities of Dowlais Group plc, pursuant to Rule 8.3 of the Takeover Code. As of October 15, 2025, Vanguard holds an interest in 72,583,497 shares or 5.51% of Dowlais Group's ordinary shares.

Besides Dowlais Group, Vanguard is also making disclosures related to American Axle & Manufacturing Holdings, Inc. Within this disclosure, Vanguard reported purchasing 11,328 ordinary shares at 0.78 GBP per unit. No new derivatives or stock-settled agreements were entered.

The disclosure emphasized that there are no indemnity arrangements or agreements influencing the securities' handling beyond the outlined ownership figures. The document specifies that no supplemental forms regarding open positions were attached to this disclosure.