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Vanguard Group Discloses Holdings in American Axle & Manufacturing

The Vanguard Group, Inc. has made a disclosure under Rule 8.3 of the Takeover Code. This involves their position in American Axle & Manufacturing Holdings, Inc., revealing a stake of 7.47% in the company. The Form 8.3 was filed on November 12, 2025, following the latest practicable disclosure on November 11, 2025.

This disclosure indicates ownership of 8,868,807 shares of USD 0.01 common in American Axle. Additionally, Vanguard is also making disclosures related to Dowlais Group plc. No indemnity or dealing arrangements have been reported, and no supplemental open position form is attached to this disclosure.

Vanguard's recent activity includes the purchase of 399 securities at a unit price of $6.29. The disclosure follows stringent market surveillance and regulatory requirements as directed by the Panel's Market Surveillance Unit.

R. H.

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