Common use of Free Cash Flow Clause in Contracts

Free Cash Flow. You have been selected to receive a grant of Performance Shares under the American Axle & Manufacturing Holdings, Inc. Amended and Restated 2018 Omnibus Incentive Plan as stated below: Participant: Grant Date: Number of Performance Shares (Target Award Opportunity): Performance Period: January 1, 2024 – December 31, 2026 Final Acceptance Date: THIS AWARD AGREEMENT (the “Agreement”), is made effective as of the Grant Date (shown above) between American Axle & Manufacturing Holdings, Inc., a Delaware corporation (the “Company”), and the Participant.

Free Cash Flow. You have been selected to receive a grant of Performance Shares Units under the American Axle & Manufacturing Holdings, Inc. Amended and Restated 2018 Omnibus Incentive Plan as stated below: Participant: Grant Date: Number of Performance Shares Units (Target Award Opportunity): Performance Period: January 1, 2024 – December 31, 2026 Final Acceptance Date: THIS AWARD AGREEMENT (the “Agreement”), is made effective as of the Grant Date (shown above) between American Axle & Manufacturing Holdings, Inc., a Delaware corporation (the “Company”), and the Participant.

Free Cash Flow. You have been selected to receive a grant of Performance Shares under the American Axle & Manufacturing Holdings, Inc. Amended and Restated 2018 Omnibus Incentive Plan as stated below: Participant: [●] Grant Date: March 1, 2021 Number of Performance Shares (Target Award Opportunity): [●] Performance Period: January 1, 2024 2021 – December 31, 2026 2023 Final Acceptance Date: March 31, 2021 THIS AWARD AGREEMENT (the “Agreement”), is made effective as of the Grant Date (shown above) between American Axle & Manufacturing Holdings, Inc., a Delaware corporation (the “Company”), and the Participant.

Free Cash Flow. You have been selected to receive a grant of Performance Shares Units under the American Axle & Manufacturing Holdings, Inc. Amended and Restated 2018 Omnibus Incentive Plan as stated below: Participant: [●] Grant Date: March 1, 2021 Number of Performance Shares Units (Target Award Opportunity): [●] Performance Period: January 1, 2024 2021 – December 31, 2026 2023 Final Acceptance Date: March [●], 2021 THIS AWARD AGREEMENT (the “Agreement”), is made effective as of the Grant Date (shown above) between American Axle & Manufacturing Holdings, Inc., a Delaware corporation (the “Company”), and the Participant.