Vanguard Group's Disclosure on American Axle & Manufacturing Holdings

The Vanguard Group, Inc. has filed Form 8.3 in relation to its position in American Axle & Manufacturing Holdings, Inc. This disclosure is part of Rule 8.3 of the Takeover Code. Vanguard holds significant interests in American Axle, with 8,876,925 common shares, representing a 7.48% stake. This disclosure also extends to Dowlais Group plc.

Recent transactions include a purchase of 10,215 shares and a sale of 10,753 shares, both at $6.35 per share. No cash or stock-settled derivatives positions or agreements are reported. Furthermore, no indemnities or option agreements influencing dealings were disclosed. No attachment to the Supplemental Form 8 has been included. This disclosure is current as of October 28, 2025.