BRIEF

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

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

The Vanguard Group, Inc. has disclosed its position concerning American Axle & Manufacturing Holdings, Inc. through Form 8.3, as per the Takeover Code. This disclosure outlines Vanguard's significant interests in relevant securities, which represent 1% or more of the company.

On July 15, 2025, Vanguard held 9,818,736 USD 0.01 common shares, accounting for 8.35% of American Axle & Manufacturing. Furthermore, Vanguard engaged in both purchasing and selling activities: it purchased 664,316 shares and sold 660,337 shares, each at a price of $4.78 per unit.

No indemnity agreements, options, or derivative arrangements were noted, reflecting Vanguard's straightforward approach. The disclosure also mentioned Dowlais Group plc as another party involved in similar disclosures.

R. P.

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