BRIEF

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

The Vanguard Group Discloses Position in American Axle & Manufacturing

The Vanguard Group, Inc. has released a Form 8.3 concerning its stake in American Axle & Manufacturing Holdings, Inc., as required by Rule 8.3 of the Takeover Code. The form indicates Vanguard's interests in relevant securities representing 1% or more of American Axle's shares. As of May 1, 2025, Vanguard reported holding 12,808,960 shares, equivalent to 10.89% of the common stock.

Recent transactions included the purchase of 7,382 shares at $3.80 per unit, alongside sales totaling 226,331 shares at prices of $3.80 and $3.83 per unit. No new derivative positions or options were noted, nor were there any indemnity or informal agreements related to these disclosures.

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