AMERICAN AXLE & MANUFACTURING HOLDINGS INC

Major Shareholding Notification • Feb 21, 2025

National Storage Mechanism | Additional information

Form 8.3 - American Axle & Manufacturing Holdings, Inc.

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:		Millennium International Management LP
(b)Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c)Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree		American Axle & Manufacturing Holdings, Inc.
(d)If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e)Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure		20th February 2025
(f)In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A”		Yes, 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 named in 1(c), copy table 2(a) or (b) (as appropriate) 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)

Class of relevant security:		USD 0.01 common (US0240611030)
		Interests				Short positions
	Number		%		Number		%
(1)Relevant securities owned and/or controlled:		1,563,251		1.330%		921,435		0.784%
(2)Cash-settled derivatives:		43,839		0.037%		-		-
(3)Stock-settled derivatives (including options) and agreements to purchase/sell:		-		-		-		-
TOTAL:		1,607,090		1.367%		921,435		0.784%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on 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 right exists:
Details, including nature of the rights concerned and relevant percentages:

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

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit (USD)
US0240611030	5.84	Purchase	1,330
US0240611030	5.83	Purchase	129
US0240611030	5.83	Sale	3,218
US0240611030	5.70	Purchase	1
US0240611030	5.79	Sale	4,169
US0240611030	5.90	Purchase	38
US0240611030	5.85	Sale	720
US0240611030	5.86	Purchase	1
US0240611030	5.88	Purchase	1
US0240611030	5.88	Sale	1,237
US0240611030	5.82	Sale	16,621
US0240611030	5.89	Sale	76
US0240611030	5.76	Sale	1,140
US0240611030	5.77	Sale	682
US0240611030	5.84	Purchase	4,705
US0240611030	5.83	Purchase	17,677
US0240611030	5.70	Purchase	2,000
US0240611030	5.79	Purchase	4,362
US0240611030	5.87	Purchase	13,138
US0240611030	5.87	Sale	223
US0240611030	5.73	Purchase	19,323
US0240611030	5.74	Purchase	13,746
US0240611030	5.85	Purchase	21,769
US0240611030	5.86	Purchase	35,700
US0240611030	5.71	Purchase	2,000
US0240611030	5.88	Purchase	42,882
US0240611030	5.82	Purchase	85,382
US0240611030	5.75	Purchase	26,231
US0240611030	5.89	Purchase	13
US0240611030	5.76	Purchase	27,268
US0240611030	5.72	Purchase	19
US0240611030	5.80	Purchase	3,944
US0240611030	5.77	Purchase	6,815
US0240611030	5.78	Purchase	6,164
US0240611030	5.81	Purchase	4,716
US0240611030	5.91	Purchase	600
US0240611030	5.84	Purchase	11
US0240611030	5.84	Sale	441
US0240611030	5.83	Purchase	82
US0240611030	5.83	Sale	789
US0240611030	5.79	Sale	97
US0240611030	5.87	Purchase	223
US0240611030	5.87	Sale	13,799
US0240611030	5.74	Purchase	6
US0240611030	5.88	Purchase	437
US0240611030	5.82	Purchase	26
US0240611030	5.75	Purchase	35
US0240611030	5.76	Purchase	22
US0240611030	5.72	Purchase	82
US0240611030	5.72	Sale	2,805
US0240611030	5.80	Purchase	16,438
US0240611030	5.80	Sale	16,381
US0240611030	5.81	Sale	223
US0240611030	5.84	Sale	1,300
US0240611030	5.83	Sale	1,407
US0240611030	5.70	Sale	1,345
US0240611030	5.87	Sale	6,529
US0240611030	5.73	Sale	2,015
US0240611030	5.90	Sale	127
US0240611030	5.74	Sale	1,635
US0240611030	5.85	Purchase	46
US0240611030	5.85	Sale	300
US0240611030	5.71	Sale	2,406
US0240611030	5.88	Sale	7,243
US0240611030	5.82	Purchase	117
US0240611030	5.82	Sale	59,936
US0240611030	5.75	Sale	2,169
US0240611030	5.89	Sale	1,737
US0240611030	5.76	Sale	176
US0240611030	5.72	Sale	6,422
US0240611030	5.69	Sale	100
US0240611030	5.80	Sale	628
US0240611030	5.77	Sale	741
US0240611030	5.78	Sale	1,015
US0240611030	5.68	Sale	200
US0240611030	5.84	Sale	123
US0240611030	5.79	Purchase	12
US0240611030	5.87	Sale	17
US0240611030	5.73	Purchase	1,043
US0240611030	5.74	Purchase	912
US0240611030	5.74	Sale	16
US0240611030	5.85	Purchase	1,437
US0240611030	5.85	Sale	154
US0240611030	5.86	Sale	18
US0240611030	5.71	Purchase	507
US0240611030	5.71	Sale	247
US0240611030	5.88	Purchase	799
US0240611030	5.88	Sale	2,016
US0240611030	5.82	Purchase	700
US0240611030	5.82	Sale	905
US0240611030	5.75	Purchase	273
US0240611030	5.89	Sale	50
US0240611030	5.76	Purchase	300
US0240611030	5.72	Purchase	961
US0240611030	5.72	Sale	651
US0240611030	5.69	Sale	226
US0240611030	5.80	Purchase	600
US0240611030	5.80	Sale	2,631
US0240611030	5.77	Purchase	600
US0240611030	5.77	Sale	2,478
US0240611030	5.78	Sale	2,831
US0240611030	5.81	Purchase	709
US0240611030	5.68	Sale	29
US0240611030	5.84	Purchase	2,556
US0240611030	5.83	Purchase	2,157
US0240611030	5.83	Sale	82
US0240611030	5.70	Purchase	63
US0240611030	5.79	Purchase	1,215
US0240611030	5.87	Purchase	13,772
US0240611030	5.73	Purchase	767
US0240611030	5.73	Sale	5
US0240611030	5.90	Purchase	1,200
US0240611030	5.74	Purchase	361
US0240611030	5.85	Purchase	3,632
US0240611030	5.86	Purchase	852
US0240611030	5.71	Purchase	1,151
US0240611030	5.88	Purchase	13,503
US0240611030	5.82	Purchase	1,193
US0240611030	5.75	Purchase	126
US0240611030	5.89	Purchase	200
US0240611030	5.76	Purchase	1,105
US0240611030	5.76	Sale	2
US0240611030	5.72	Purchase	3,448
US0240611030	5.72	Sale	97
US0240611030	5.80	Purchase	20,867
US0240611030	5.80	Sale	16,381
US0240611030	5.77	Purchase	2,310
US0240611030	5.78	Purchase	300
US0240611030	5.78	Sale	2
US0240611030	5.81	Purchase	400

(b)Cash-settled derivative transactions

Class of relevant security		Product description e.g. CFD		Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position		Number of reference securities		Price per unit
US0240611030		Equity Swap		Increasing a long Position		3,307		5.75 USD

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

(i)Writing, selling, purchasing or varying

Class of relevant security		Product description e.g. call option		Writing, purchasing, selling, varying etc.		Number of securities to which option relates		Exercise price per unit		Type e.g. American, European etc.		Expiry date		Option money paid/ received per unit

(ii)Exercise

Class of relevant security		Product description e.g. call option		Exercising/ exercised against		Number of securities		Exercise price per unit

(d)Other dealings (including subscribing for new securities)

Class of relevant security		Nature of dealing e.g. subscription, conversion		Details		Price per unit (if applicable)

4.OTHER INFORMATION

(a)Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
NONE

(b)Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (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 there are no such agreements, arrangements or understandings, state “none”
NONE

(c)Attachments

Is a Supplemental Form 8 (Open Positions) attached?		NO

Date of disclosure:		21st February 2025
Contact name:		Stephen Glasper
Telephone number:		+44 203 398 2166

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250221591369/en/

Millennium Partners, L.P.