Initial Statement of Beneficial Ownership (Form 3)

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Kovalyov George 2. Date of Event Requiring Statement (Month/Day/Year) 03/06/2024 3. Issuer Name and Ticker or Trading Symbol PMGC Holdings Inc. [ELAB] (Last) (First) (Middle) 675 WEST HASTINGS STREET,, SUITE 805 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) 5. If Amendment, Date Original Filed (Month/Day/Year) (Street) VANCOUVER, A1 V6B1N2 6. Individual or Joint/Group Filing (Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 0 D

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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options to Purchase Common Stock	03/06/2025	03/06/2035	Common Stock	5(1)	$19,600(2)	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Kovalyov George 675 WEST HASTINGS STREET, SUITE 805 VANCOUVER, A1 V6B1N2	X

Signatures

/s/ George Kovalyov		01/29/2026
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Reflects amount of shares underlying the options issued to George Kovalyov on a post-reverse stock split basis (1-for-200 reverse stock split in November 2024, 1-for-7 reverse stock split in March 2025, 1-for-3.5 reverse stock split in September 2025, and 1-for-4 reverse stock split in January 2026; such reverse stock splits, collectively, "Splits"). The options were issued to Mr. Kovalyov pursuant to that certain Director Offer Letter between PMGC Holdings Inc. and George Kovalyov on March 6, 2024 ("Offer Letter"), included as Exhibit 10.1 to PMGC Holdings Inc.'s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on March 7, 2024.
(2)	Reflects exercise price of each share of common stock, par value $0.0001 per share ("Common Stock") underlying the options issued to Mr. Kovalyov pursuant to the Offer Letter, on a post-reverse stock split basis following the Splits.

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