The Vanguard Group Discloses Stake in Dowlais Group plc

The Vanguard Group, Inc. has disclosed its interest in Dowlais Group plc, as outlined in a Form 8.3 submitted on December 23, 2025. This disclosure reveals that Vanguard holds 72,616,378 ordinary shares, representing 5.52% of Dowlais Group's securities.

The document points out that alongside Dowlais, Vanguard is also making disclosures concerning American Axle & Manufacturing Holdings, Inc. The relevant securities involved are 1p ordinary shares. On December 22, 2025, Vanguard purchased an additional 41,787 shares at 0.86 GBP per unit.

No stock-settled derivative positions or other dealings such as indemnity or option agreements have been reported in this disclosure. The submission confirms that there are no arrangements or understandings related to voting rights tied to any derivatives.