Company: EPR-PE
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001045450-25-000068
Chunk: 45

Company: EPR PROPERTIES
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 45
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     | 27.5%   |     | 55.0%  |     | 110.0%  |

The Compensation Committee put a 50% weighting on the FFO, as adjusted, per Share metric, a 30% weighting on the investment spending metric and a 20% weighting on the achievement of personal objectives of each executive.

The following graph depicts the breakdown of factors used by the Compensation Committee to determine AIP:

#### 2025 Proxy StatementPage 43
For the year ended December 31, 2024, FFO, as adjusted, per Share, was $4.87, which was between the target and maximum levels.

For the year ended December 31, 2024, our investment spending was $263.9 million, which was between the target and maximum levels.

Our Compensation Committee concluded that the NEOs performed well against their stated personal goals. Like the financial metrics, each NEO had distinct goals and in evaluating the achievement of the NEOs’ personal goals, the Compensation Committee noted the NEOs’ achievements in the following areas:

• Achieved FFO, as adjusted, per Share of approximately $4.87 per diluted share.

• Concluded the year in a strong liquidity position with cash on hand of $22.1 million and a $175.0 million balance outstanding on our $1.0 billion unsecured revolving credit facility with leverage metrics in line with targeted levels.

• Amended our revolving credit facility that among other things (i) extended the maturity date; (ii) generally reduced the interest rate payable on outstanding loans; (iii) eliminated the tangible net worth covenant; (iv) modified the secured debt to total assets financial covenant to permit increased secured debt if the Company so elects; and (v) modified and simplified the capitalization rates used to value assets under the facility.

• Maintained investment grade ratings on our public debt from all rating agencies.

• Constructive approach to relationships with tenants, business partners and employees resulting in long lasting partnerships and loyal employees.

• Successful transition of general counsel role.

If results for a performance metric exceed the minimum, but are less than target, or exceed target but are less than maximum, the award will be determined on a sliding scale based upon the percentage such excess represents of the difference between minimum and target, or target and maximum, as the case may be. As a

#### 2025 Proxy StatementPage 44
result of the performance described above, in February 2025, our