BRIEF

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

Vanguard's Stake in American Axle & Manufacturing

The Vanguard Group, Inc. filed a Form 8.3 revealing its position in American Axle & Manufacturing Holdings, Inc. As of December 24, 2025, Vanguard holds 9,107,570 common shares, representing a 7.67% interest. This disclosure adheres to Rule 8.3 of the Takeover Code, applicable when interests in relevant securities surpass 1%.

Recent transactions include the purchase of 1,213 common shares at $6.44 each and the sale of 789 shares at the same price. There were no cash-settled or stock-settled derivative transactions disclosed, and no new agreements or options related to the securities were reported. No Supplementary Form 8 was attached, indicating no open positions beyond the disclosed transactions.

R. H.

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