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: Man Group PLC(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/offereeAmerican 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 disclosure17/11/2025(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 Offeree: Dowlais Group plc 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to . (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 commonInterestsShort positionsNumber%Number%(1) Relevant securities owned and/or controlled: 464, 960. 000. 39(2) Cash-settled derivatives: 1, 828, 599. 001. 54(3) Stock-settled derivatives (including options) and agreements to purchase/sell: TOTAL: 464, 960. 000. 39 1, 828, 599. 001. 54 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 securityPurchase/sale Number of securitiesPrice per unit (b) Cash-settled derivative transactions Class of relevant securityProduct description e. g. CFDNature of dealing e. g. opening/closing a long/short position, increasing/reducing a long/short positionNumber of reference securitiesPrice per unitUSD 0. 01 commonSwapIncreasing a short position1076. 2162 USDUSD 0. 01 commonSwapIncreasing a short position1, 4946. 2162 USDUSD 0. 01 commonSwapIncreasing a short position846. 2162 USD (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant securityProduct description e. g. call optionWriting, purchasing, selling, varying etc. Number of securities to which option relatesExercise price per unitType e. g. American, European etc. Expiry dateOption money paid/ received per unit (ii) Exercise Class of relevant securityProduct description e. g. call optionExercising/ exercised againstNumber of securitiesExercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant securityNature of dealing e. g. subscription, conversionDetailsPrice 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: 18/11/2025Contact name: James CarrTelephone number:+442071447242 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 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.
https://www.globenewswire.com/news-release/2025/11/18/3189754/0/en/Man-Group-PLC-Form-8-3-American-Axle-Manufacturing-Holdings-Inc.html