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The Vanguard Group's Stake in American Axle & Manufacturing Disclosed

The Vanguard Group, Inc. has revealed its position in American Axle & Manufacturing Holdings, Inc., as per Form 8.3 of the Takeover Code. The disclosure, dated 5 August 2025, shows that Vanguard holds an interest representing 7.63% in American Axle through ownership of 8,966,086 shares.

Additionally, the disclosure mentions involvement with Dowlais Group plc, though no further details are provided. Transactions include the purchase of 307 shares and the sale of 1,800 shares at a price of USD 4.43 per unit. No cash-settled or stock-settled derivatives are currently reported.

There are no indemnities, options, or other dealing arrangements disclosed in relation to this interest. No Supplemental Form 8 is attached, indicating no open positions related to stock-settled derivatives at this time.

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