SCHEDULE: AUNA S.A. Insider Group Reduces Stake Amid Price Decline

A group of reporting persons, including Grupo Angeles Servicios de Salud, S.A. de C.V., updated their beneficial ownership in AUNA S.A. to 22.46% following significant net selling activity.

Summary

• The reporting persons, Grupo Angeles Servicios de Salud, S.A. de C.V. (GASS), Grupo Vazol, S.A. de C.V., Corpvaza, S.A. de C.V., and Mr. Olegario Vazquez Aldir, collectively beneficially own 6,760,621 Class A Ordinary Shares of AUNA S.A.
• This ownership represents approximately 22.46% of the 30,095,388 Class A Ordinary Shares outstanding as of June 30, 2025.
• Between the filing of Amendment No. 2 and November 13, 2025, GASS purchased a total of 182,879 Class A Ordinary Shares for USD$1,469,287.11 using available cash on hand.
• Within the 60-day period prior to November 13, 2025, GASS engaged in significant trading activity on the New York Stock Exchange, including the sale of 676,311 shares and the purchase of 18,480 shares.

Sentiment

Score: 3

Explanation: The significant net selling of shares by a major beneficial owner, Grupo Angeles Servicios de Salud, S.A. de C.V., over the past 60 days, particularly as the share price declined, indicates a negative sentiment regarding the issuer's near-term prospects from this insider group.

Positives

• Grupo Angeles Servicios de Salud, S.A. de C.V. (GASS) made purchases of Class A Ordinary Shares, totaling 182,879 shares for USD$1,469,287.11, indicating continued investment in the issuer over a longer period since the last amendment.

Negatives

• Within the 60-day period prior to the filing, GASS executed a net sale of 657,831 Class A Ordinary Shares (676,311 shares sold minus 18,480 shares purchased).
• The sales transactions by GASS occurred across a declining price range, from a high of $6.78 per share to a low of $4.99 per share, potentially signaling a lack of confidence or a strategic reduction in exposure during a period of price weakness.

Future Outlook

No specific forward-looking statements or guidance were provided by the reporting persons in this filing.

Industry Context

This filing primarily concerns changes in beneficial ownership by a significant insider group and does not provide information related to broader industry trends or competitive landscape.

Comparison to Industry Standards

• Not applicable as this filing details insider ownership changes rather than operational or financial performance metrics that could be benchmarked against industry standards or competitors.

Related Party Transactions

• The transactions detailed in this filing involve significant beneficial owners of AUNA S.A., which are inherently related party dealings in the context of share ownership changes.

Stakeholder Impact

• Shareholders: The significant net selling activity by a major beneficial owner could be interpreted by the market as a lack of confidence, potentially leading to negative sentiment and downward pressure on the share price.

Next Steps

• No specific future actions or milestones were mentioned by the reporting persons in this filing beyond their ongoing SEC reporting obligations.

Key Dates

Recommendation

The substantial net selling of 657,831 Class A Ordinary Shares by Grupo Angeles Servicios de Salud, S.A. de C.V., a significant beneficial owner, within the last 60 days, coupled with the declining share prices during these transactions (from $6.78 down to $4.99), indicates a strong negative sentiment from a key insider. This sustained divestment suggests a lack of confidence in the near-term prospects or a strategic decision to reduce exposure, which could exert downward pressure on the stock. Investors should consider this insider selling as a significant bearish signal.

Keywords

AUNA S.A., Schedule 13D, Beneficial Ownership, Insider Trading, Share Sale, Share Purchase, Grupo Angeles Servicios de Salud, Grupo Vazol, Corpvaza, Olegario Vazquez Aldir, Class A Ordinary Shares