Management Change/Compensation (Form 8-K)

On August 6, 2025, the Compensation Committee of the Board of Directors of American Axle & Manufacturing Holdings, Inc. ("AAM") approved adjustments to several of its named executive officers' compensation in order to recognize their ongoing efforts and achievements as senior management of AAM. Effective August 16, 2025: David C. Dauch, our Chairman & Chief Executive Officer, will have his base salary increased to $1,300,000 with an annual target bonus opportunity of 160% of base salary and an annual target long-term incentive opportunity of 700% base salary; Michael J. Lynch, our President & Chief Operating Officer, will have his base salary increased to $725,000 and his annual target long-term incentive opportunity increased to 300% of base salary (with no change to his annual target bonus opportunity percentage); and Christopher J. May, Executive Vice President & our Chief Financial Officer, will have his base salary increased to $700,000 and his annual target long-term incentive opportunity increased to 275% of base salary (with no change to his annual target bonus opportunity percentage). The Compensation Committee also approved a base salary increase to $600,000 for Terri Kemp, Senior Vice President and our Chief of Staff, also effective August 16, 2025.