[SCHEDULE 13G] Auna S.A. SEC Filing

Rhea-AI Filing Summary

Bank of Nova Scotia (BNS) has disclosed a new 5.85% passive stake in Auna S.A. (CUSIP L0415A103) via a Schedule 13G. The Canadian bank reports beneficial ownership of 1,759,221 common shares as of 30 Jun 2025, giving it sole voting and dispositive power over the full position and no shared voting or dispositive rights. The filing, made under Rule 13d-1(b) as a financial institution/parent holding company, signals that the shares were acquired in the ordinary course of business and not to influence control of the Luxembourg-based healthcare company. The ownership threshold crossed the 5% mark, triggering the reporting requirement.

The certification is signed by Raj Sachdeva, Vice President & Head of GBM&T Compliance Canada, on 21 Jul 2025. No additional parties, subsidiaries, or group arrangements are identified, and there is no indication of intent to engage in activist activity.

Positive

• Institutional validation: A respected global bank now owns 5.85% of AUNA, potentially increasing market confidence.
• Improved liquidity: Larger institutional holding may support trading volumes and share price stability.

Negative

• None.

Insights

Securities Analyst

TL;DR: BNS quietly accumulates 5.9% of AUNA, signaling institutional confidence but no control intent—neutral to mildly positive for liquidity.

The disclosure introduces a sizable, reputable shareholder to AUNA’s register. While passive, BNS’s 1.76 m-share position can improve float liquidity and expand analyst coverage. Because no activist agenda is signaled and the stake sits just above the 5% threshold, immediate strategic impact is limited. Nonetheless, institutional validation may support valuation multiples and ease future capital-market activity. The event is moderately impactful but not transformative.

Corporate Governance Expert

TL;DR: Governance impact minimal—stake is passive, no group ties, no board influence sought.

BNS files under Rule 13d-1(b), affirming a passive investment stance. Sole voting/dispositive power centralizes decision rights but the bank disclaims any intent to alter control. With no associated group or subsidiaries listed, change-of-control risk is negligible. From a governance lens, the filing merely increases transparency of ownership concentration and does not trigger defensive measures.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

AUNA S.A.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

L0415A103

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. L0415A103

1

Names of Reporting Persons

BANK OF NOVA SCOTIA

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CANADA (FEDERAL LEVEL)

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,759,221.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,759,221.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,759,221.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.85378 %

12

Type of Reporting Person (See Instructions)

FI

SCHEDULE 13G

Item 1.
(a)	Name of issuer: AUNA S.A.
(b)	Address of issuer's principal executive offices: 6, RUE JEAN MONNET, GRAND DUCHY OF LUXEMBOURG, LUXEMBOURG L-2180
Item 2.
(a)	Name of person filing: BANK OF NOVA SCOTIA
(b)	Address or principal business office or, if none, residence: 40 TEMPERANCE STREET TORONTO, Ontario, Canada M5H 0B4
(c)	Citizenship: BANK OF NOVA SCOTIA - CANADA (FEDERAL LEVEL)
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: L0415A103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	a parent holding company, in accordance with 13d-1(b)(1)(ii)(g)
Item 4.	Ownership
(a)	Amount beneficially owned: 1,759,221
(b)	Percent of class: 5.85378 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: BANK OF NOVA SCOTIA - 1,759,221
	(ii) Shared power to vote or to direct the vote: BANK OF NOVA SCOTIA - 0
	(iii) Sole power to dispose or to direct the disposition of: BANK OF NOVA SCOTIA - 1,759,221
	(iv) Shared power to dispose or to direct the disposition of: BANK OF NOVA SCOTIA - 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BANK OF NOVA SCOTIA

Signature:	Raj Sachdeva
Name/Title:	Vice President, Head of GBM&T Compliance Canada
Date:	07/21/2025

FAQ

How many AUNA shares does Bank of Nova Scotia own?

The bank reports beneficial ownership of 1,759,221 common shares.

What percentage of AUNA's outstanding stock does this represent?

The position equals 5.85378% of the outstanding common shares.

Is Bank of Nova Scotia seeking control of AUNA S.A.?

No. The filing is passive under Rule 13d-1(b) and explicitly states no intent to influence control.

Does the bank share voting or dispositive power with others?

No. It holds sole voting and dispositive power over all reported shares.

When was the ownership threshold crossed?

The relevant event date is 30 June 2025, with the filing signed on 21 July 2025.