BRIEF

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

The Vanguard Group's Disclosure on American Axle & Manufacturing Holdings, Inc.

The Vanguard Group, Inc. has released a Form 8.3 filing regarding its holdings in American Axle & Manufacturing Holdings, Inc. The document, dated September 30, 2025, details Vanguard's interests in relevant securities involving the takeover code.

Vanguard's disclosed holdings amount to 8,910,222 common shares, representing a 7.51% stake. Alongside these, the document notes a purchase of 30,117 common securities at $6.03 per unit on September 29, 2025. Notably, no cash-settled or stock-settled derivatives are reported in connection.

No indemnity arrangements or additional agreements regarding relevant securities were disclosed. Dowlais Group plc is also mentioned as another entity subject to Vanguard's disclosure.

No supplemental form is attached, and the contact for this disclosure is Shawn Acker at Vanguard.

R. H.

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