BRIEF

on The Vanguard Group, Inc. (isin : US12572Q1058)

The Vanguard Group Discloses Position in American Axle & Manufacturing

The Vanguard Group, Inc. submitted a Form 8.3 disclosure on November 21, 2025, related to American Axle & Manufacturing Holdings, Inc. This disclosure complies with Rule 8.3 of the Takeover Code, mandating the declaration of interests in relevant securities exceeding 1%.

Vanguard holds 8,883,531 shares, constituting 7.48% of American Axle's common USD 0.01 securities. Recent trading activity includes a purchase of 12,707 shares at $5.83 each, and a sale of 941 shares at the same price. No additional positions or derivative agreements are currently in place.

No indemnity, option arrangements, or agreements have been reported concerning inducements to trade these securities. The disclosure does not include a Supplemental Form 8, indicating no open derivative positions.

R. P.

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