Vanguard Group Discloses Position in Dowlais Group plc

The Vanguard Group, Inc. has filed a Form 8.3 disclosure in relation to its position in Dowlais Group plc. As of November 12, 2025, Vanguard holds 72,437,944 shares, representing 5.50% of Dowlais Group's ordinary shares. The disclosure is necessary as they hold interests exceeding 1% of the company's relevant securities, per Rule 8.3 of the Takeover Code.

In addition to Dowlais Group, Vanguard’s disclosure involves American Axle & Manufacturing Holdings, Inc. Recent transactions include the purchase of 52,601 ordinary shares at 0.84 GBP per share and the sale of 61,803 shares at the same price. No significant derivative transactions or new agreements have been reported.

No indemnity or formal arrangements have been made regarding these securities. Additional details or an Open Positions form are absent from this disclosure, dated November 13, 2025.