BRIEF

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

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

The Vanguard Group, Inc. has released a Form 8.3 disclosure regarding its interests in American Axle & Manufacturing Holdings, Inc. The disclosure reveals that as of 19 November 2025, Vanguard holds 8,871,765 shares, representing a 7.47% interest in the company. Additionally, Vanguard's disclosure includes interests in Dowlais Group plc.

On the transaction front, Vanguard reported a purchase of 346 shares and a sale of 538 shares, both at a unit price of 6.21 USD. No cash-settled derivatives or stock-settled derivatives, including options, were disclosed. No agreements, indemnities, or informal understandings concerning the securities were noted, aligning with the disclosure of no open positions requiring a supplemental form.

The transparency in such disclosures is pivotal for maintaining market integrity, as it provides insight into significant shareholdings and potential market movements.

R. H.

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