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The Vanguard Group Inc. Discloses Position in Dowlais Group plc

The Vanguard Group, Inc. has filed a Form 8.3 disclosure related to its interests in the relevant securities of Dowlais Group plc, which exceeds 1% under Rule 8.3 of the Takeover Code. As of April 30, 2025, Vanguard holds 73,107,968 shares, representing a 5.44% stake in Dowlais Group.

The disclosure also includes dealings involving American Axle & Manufacturing Holdings, Inc. Vanguard has recently purchased 6,493 of 1p ordinary shares in Dowlais Group at 0.58 GBP per unit. No new agreements or derivative positions were reported beyond these transactions.

Vanguard states no indemnity or arrangement inducing transactions involving securities. Furthermore, no attachments were included with this disclosure, confirming this document stands alone without additional open position details.

R. P.

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