BRIEF

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

Vanguard Group Discloses 5.54% Stake in Dowlais Group plc

The Vanguard Group, Inc. has released a Form 8.3 in compliance with the Takeover Code, detailing its position in the securities of Dowlais Group plc. As of September 11, 2025, Vanguard holds an interest in 72,931,112 ordinary shares, representing 5.54% of Dowlais Group's securities. An additional disclosure has been made concerning American Axle & Manufacturing Holdings, Inc.

On September 12, 2025, Vanguard acquired 8,700 shares at 0.80 GBP per share. No cash-settled or stock-settled derivatives, nor agreements to purchase or sell relevant securities, were reported. Moreover, Vanguard has not entered into any indemnity agreements or other understandings related to these securities.

Shawn Acker, the contact for this disclosure, is reachable at 001-610-669-6713 for further inquiries.

R. P.

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