BRIEF

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

Vanguard's Interest in American Axle & Manufacturing

The Vanguard Group, Inc. has disclosed its substantial interest in American Axle & Manufacturing Holdings, Inc., registering under Rule 8.3 of the Takeover Code. As of December 1, 2025, Vanguard holds 8,897,240 shares, representing a 7.50% interest in the USD 0.01 common stock of the company. This disclosure highlights Vanguard's significant position in the automotive supplier's securities.

Additionally, Vanguard has engaged in recent transactions involving American Axle's shares. It purchased 1,566 shares and sold 529 shares at a price of 6.44 USD per share. No agreements or derivatives involving inducements or voting rights are reported.

Vanguard's Form 8.3 filing reveals that it is also making disclosures related to Dowlais Group plc, indicating broader strategic interests in the sector.

R. H.

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