Royal Bank of Canada Corrects Ownership in American Healthcare REIT to 3.21%

Royal Bank of Canada (RBC) filed an amendment to its Schedule 13G (Schedule 13G/A) regarding its holdings in American Healthcare REIT, Inc. (AHR). As of December 31, 2025, RBC reported beneficial ownership of 5,986,987 shares of common stock, representing a 3.21% ownership stake. This filing serves as a corrective amendment to a previous report. According to the explanatory note, the prior filing erroneously overstated RBC's beneficial ownership as being above the 5% threshold. The shares are held with shared voting and dispositive power through subsidiaries including RBC Capital Markets, LLC and RBC CMA LTD. The filing confirms that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Because the corrected ownership level of 3.21% is below the 5% regulatory reporting threshold for Schedule 13G filers, this amendment effectively clarifies that RBC is no longer a 5% beneficial owner of American Healthcare REIT.