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

The Vanguard Group, Inc. has issued Form 8.3 in accordance with Rule 8.3 of the Takeover Code. The form pertains to American Axle & Manufacturing Holdings, Inc., with a focus on public opening position disclosures and dealing disclosures by stakeholders with interests representing 1% or more.

As of January 14, 2026, Vanguard owns and/or controls 9,081,290 common shares of American Axle, which represent 7.65% of the total. This disclosure also acknowledges the Dowlais Group plc as a related party. Additionally, a sale of 25,741 USD 0.01 common securities was executed at $7.77 per unit.

No indemnity or other inducement-related agreements exist, nor are there any arrangements concerning options or derivatives. There is no supplemental Form 8 attached to the disclosure.

R. P.

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