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Vanguard Discloses Position in American Axle & Manufacturing

The Vanguard Group, Inc. has released an opening position disclosure regarding its interests in American Axle & Manufacturing Holdings, Inc. The form, filed in accordance with Rule 8.3 of the Takeover Code, indicates that as of January 30, 2025, Vanguard holds 16,067,303 shares, representing a 13.66% interest in the USD 0.01 common stock of American Axle. This disclosure does not involve interests or deal positions with other entities outside of American Axle.

Details of any cash-settled derivatives or stock-settled derivatives related to these securities were not disclosed, indicating that Vanguard's current positions are purely through common stock holdings. No additional agreements, commitments, or understandings impacting these holdings were reported in this disclosure.

R. H.

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