The Vanguard Group's Disclosure on American Axle & Manufacturing Holdings

The Vanguard Group, Inc. released a Form 8.3 disclosing its significant interests in American Axle & Manufacturing Holdings, Inc., specifying holdings of 13,251,460 USD 0.01 common shares, representing 11.27% of the securities. This disclosure, dated 14 April 2025, complies with Rule 8.3 of the Takeover Code, revealing the firm's substantial position in relevant securities tied to ongoing takeovers or acquisitions.

This disclosure also highlights a separate connection with Dowlais Group plc. Despite the large holding, no agreements or options are indicated, emphasizing a lack of inducements to buy or sell securities.

On the trading front, Vanguard executed a purchase involving 1,462 shares at a price of 3.16 USD each. There were no cash-settled or stock-settled derivative transactions nor any supplementary documentation attached. This forms part of Vanguard's routine disclosure obligations and ensures market transparency.