The Vanguard Group's Position in Dowlais Group plc

The Vanguard Group, Inc. has disclosed its position in Dowlais Group plc through Form 8.3, as per Rule 8.3 of the Takeover Code. This disclosure, dated 9 September 2025, indicates that Vanguard owns 72,908,542 shares, representing 5.54% of the company's 1p ordinary shares.

The disclosure also mentions dealings involving 8,700 shares purchased at a unit price of 0.80 GBP on 8 September 2025. The form specifies that Vanguard has no agreements, arrangements, or understandings related to securities in this context.

This disclosure is relevant to both Dowlais Group plc and American Axle & Manufacturing Holdings, Inc., with Vanguard making disclosures for both entities. The disclosure confirms no supplementary forms are attached, indicating no open derivative positions or subscription rights at this time.