AMERICAN AXLE & MANUFACTURING HOLDINGS INC

Major Shareholding Notification • Oct 28, 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		27th October 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:		1,735,558		1.463%		192,374		0.162%
(2)Cash-settled derivatives:		-		-		4,246,827		3.579%
(3)Stock-settled derivatives (including options) and agreements to purchase/sell:		-		-		-		-
TOTAL:		1,735,558		1.463%		4,439,201		3.741%

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	Purchase	622	6.35
US0240611031	Purchase	130	6.50
US0240611032	Purchase	212	6.44
US0240611033	Purchase	273	6.49
US0240611034	Purchase	564	6.38
US0240611035	Sale	62	6.45
US0240611036	Purchase	848	6.40
US0240611037	Sale	1,212	6.40
US0240611038	Purchase	200	6.36
US0240611039	Purchase	400	6.37
US0240611040	Purchase	158	6.46
US0240611041	Purchase	1,030	6.48
US0240611042	Sale	625	6.35
US0240611043	Purchase	14,093	6.50
US0240611044	Purchase	13,076	6.44
US0240611045	Purchase	1,149	6.49
US0240611046	Purchase	11,694	6.38
US0240611047	Sale	11,722	6.38
US0240611048	Purchase	2,206	6.45
US0240611049	Purchase	61	6.43
US0240611050	Purchase	335	6.40
US0240611051	Purchase	28	6.36
US0240611052	Purchase	60	6.42
US0240611053	Purchase	390	6.56
US0240611054	Purchase	10	6.47
US0240611055	Purchase	1,201	6.46
US0240611056	Purchase	60	6.51
US0240611057	Purchase	2,516	6.52
US0240611058	Purchase	3,073	6.53
US0240611059	Purchase	20	6.55
US0240611060	Purchase	35,876	6.35
US0240611061	Purchase	10,444	6.50
US0240611062	Purchase	4,573	6.44
US0240611063	Purchase	17,754	6.49
US0240611064	Purchase	13,455	6.38
US0240611065	Purchase	4,485	6.45
US0240611066	Purchase	8,971	6.43
US0240611067	Purchase	2,421	6.40
US0240611068	Purchase	6,016	6.36
US0240611069	Purchase	617	6.54
US0240611070	Purchase	23,977	6.37
US0240611071	Purchase	46	6.56
US0240611072	Purchase	7,473	6.47
US0240611073	Purchase	100	6.46
US0240611074	Purchase	8,685	6.48
US0240611075	Sale	100	6.48
US0240611076	Purchase	26,452	6.39
US0240611077	Purchase	22,346	6.41
US0240611078	Purchase	2,107	6.34
US0240611079	Purchase	3,996	6.51
US0240611080	Purchase	1,094	6.52
US0240611081	Purchase	3,280	6.53
US0240611082	Purchase	93	6.55
US0240611083	Purchase	538	6.35
US0240611084	Sale	4,106	6.35
US0240611085	Purchase	2,196	6.50
US0240611086	Sale	775	6.50
US0240611087	Purchase	788	6.44
US0240611088	Purchase	90	6.49
US0240611089	Sale	21	6.49
US0240611090	Sale	86	6.38
US0240611091	Purchase	2,845	6.45
US0240611092	Sale	1,824	6.45
US0240611093	Purchase	556	6.43
US0240611094	Purchase	1,161	6.40
US0240611095	Sale	1,335	6.40
US0240611096	Purchase	4,171	6.36
US0240611097	Sale	4,171	6.36
US0240611098	Purchase	121	6.42
US0240611099	Purchase	24	6.54
US0240611100	Sale	2	6.54
US0240611101	Sale	87	6.37
US0240611102	Sale	1,069	6.56
US0240611103	Purchase	100	6.47
US0240611104	Purchase	200	6.46
US0240611105	Purchase	63	6.48
US0240611106	Sale	1,000	6.48
US0240611107	Purchase	461	6.39
US0240611108	Sale	1,201	6.39
US0240611109	Purchase	4,314	6.41
US0240611110	Purchase	100	6.51
US0240611111	Sale	110	6.51
US0240611112	Purchase	302	6.52
US0240611113	Sale	39	6.52
US0240611114	Sale	1,831	6.53
US0240611115	Purchase	507	6.35
US0240611116	Sale	26,431	6.35
US0240611117	Purchase	90	6.50
US0240611118	Sale	116	6.50
US0240611119	Sale	424	6.44
US0240611120	Purchase	25	6.49
US0240611121	Sale	28	6.49
US0240611122	Sale	21,646	6.38
US0240611123	Purchase	62	6.45
US0240611124	Sale	2,400	6.45
US0240611125	Purchase	10	6.43
US0240611126	Sale	14,299	6.43
US0240611127	Sale	951	6.40
US0240611128	Purchase	14,281	6.36
US0240611129	Sale	31,197	6.36
US0240611130	Sale	7,657	6.42
US0240611131	Sale	17,603	6.37
US0240611132	Sale	4,601	6.56
US0240611133	Sale	100	6.47
US0240611134	Purchase	20	6.46
US0240611135	Sale	1,631	6.46
US0240611136	Sale	312	6.48
US0240611137	Sale	5,400	6.41
US0240611138	Purchase	78	6.51
US0240611139	Sale	100	6.51
US0240611140	Purchase	59	6.52
US0240611141	Sale	2,598	6.52
US0240611142	Purchase	960	6.35
US0240611143	Sale	57	6.50
US0240611144	Sale	11	6.44
US0240611145	Purchase	152	6.49
US0240611146	Sale	6	6.49
US0240611147	Purchase	3,914	6.45
US0240611148	Sale	152	6.36
US0240611149	Purchase	84	6.42
US0240611150	Sale	38	6.54
US0240611151	Purchase	252	6.41
US0240611152	Sale	111	6.53

(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

(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:		28th October 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/20251028142486/en/

Millennium Partners, L.P.