2025-04-18T08:50:00.000Z

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FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the Code)

1. KEY INFORMATION

(a) Full name of discloser: Dimensional Fund Advisors Ltd. operates in its capacity as an investment advisor and represents its affiliates who are also investment advisors. Dimensional explicitly disclaims any beneficial ownership of the shares being described within this Form 8.3.

(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The disclosure does not identify a different owner or controller, as the naming of nominee or vehicle companies is deemed insufficient. For a trust, the trustee(s), settlor, and beneficiaries must all be named to ensure clarity.

(c) Name of offeror/offeree in relation to whose relevant securities this form relates: This form relates specifically to American Axle & Manufacturing Holdings Inc. In line with regulatory standards, a separate form must be submitted for each offeror or offeree involved.

(d) If an exempt fund manager is connected with an offeror/offeree, this must be stated along with the identity of the offeror/offeree.

(e) Date position held/dealing undertaken: For the purpose of this opening position disclosure, the latest practicable date prior to the disclosure is noted as April 17, 2025.

(f) In addition to the company mentioned in 1(c), is the discloser making disclosures concerning any other party to the offer? If it is a cash offer or a potential cash offer, state N/A. The answer is YES, as disclosures are also being made for Dowlais Group PLC.

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree identified in 1(c), the following table should be duplicated for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) are summarized as follows:

Class of relevant security: USD 0.01 common (US0240611030)

Interests: 7,120,125 shares, representing 6.02% of total relevant securities.

Short Positions: 0 shares, representing 0% of total relevant securities.

Notably, Dimensional Fund Advisors LP and/or its affiliates do not exercise discretion regarding voting decisions for 218,354 shares included in the total mentioned above.

All interests and all short positions must be disclosed in accordance with regulatory requirements.

Details regarding any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be recorded in a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors and other employee options)

Class of relevant security in relation to which subscription rights exist: Details, including the nature of the rights concerned and relevant percentages, have not been disclosed.

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in multiple classes of relevant securities of the offeror or offeree named in 1(c), the following table must be duplicated for each additional class of relevant security dealt with:

(a) Purchases and sales

Class of relevant security: USD 0.01 common (US0240611030)

Nature of dealing: Sale

Number of securities: 5,274

Price per unit: $3.3400

(b) Cash-settled derivative transactions have not been reported.

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing, or varying have not been reported.

(ii) Exercising against has not been reported.

(d) Other dealings (including subscribing for new securities) have not been reported.

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements: Details of any indemnity or option arrangement, or any agreements or understandings, either formal or informal, relating to relevant securities which may serve as an inducement to deal or refrain from dealing, entered into by the person making the disclosure and any party to the offer or anyone acting in concert with a party to the offer have not been disclosed. If none exist, it should be clearly stated as none.

(b) Agreements, arrangements, or understandings relating to options or derivatives: There are no agreements, arrangements, or understandings, formal or informal, between the person making the disclosure and any other person concerning:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced. If none exist, it should be clearly stated as none.

(c) Attachments: A Supplemental Form 8 (Open Positions) is not attached.

Lastly, the date of this disclosure is noted as April 21, 2025. For any inquiries, please contact Thomas Hone at +44 20 3033 3419.

Public disclosures must comply with Rule 8 of the Code and should be made to a Regulatory Information Service. The Panels Market Surveillance Unit is accessible for consultations regarding the Codes disclosure requirements at +44 (0)20 7638 0129.