BRIEF

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

Vanguard Discloses Stake in American Axle & Manufacturing

The Vanguard Group, Inc. has released Form 8.3, detailing its positions in American Axle & Manufacturing Holdings, Inc. As of January 29, 2025, Vanguard holds 16,070,299 shares, accounting for 13.67% of the common stock. The disclosure is in line with Rule 8.3 of the UK Takeover Code, requiring transparency when ownership interests exceed 1% of relevant securities.

Besides American Axle, the disclosure includes details about Dowlais Group plc. Notably, Vanguard has no documented derivative positions or agreements to acquire additional securities at this time. The absence of indemnity or other dealing arrangements has been confirmed.

Supplemental documents such as agreements or voting rights arrangements were not attached. Detailed inquiries can be directed to Shawn Acker at the provided contact information.

R. E.

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