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The Vanguard Group Discloses Stake in American Axle & Manufacturing Holdings

The Vanguard Group, Inc. has disclosed its position concerning American Axle & Manufacturing Holdings, Inc. and Dowlais Group plc. On September 23, 2025, Vanguard held 8,875,276 common shares of American Axle & Manufacturing, constituting 7.48% of the company's total shares. This update was reported under Rule 8.3 of the Takeover Code.

No rights to subscribe for new securities, or significant derivative positions, were noted in the disclosure. Vanguard recorded a sale of 5,435 common shares at USD 6.00 per unit. The form cited no indemnity or other arrangements relevant to the securities. The report indicates that Vanguard does not possess any additional stock-settled derivatives or agreements related to American Axle & Manufacturing.

No supplemental form was attached to provide additional information on open positions. The disclosure was filed by Shawn Acker of The Vanguard Group on September 24, 2025.

R. P.

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