Company: EPR-PE
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001193125-25-309969
Chunk: 37

Company: EPR PROPERTIES
Filing Date: 2025-12-05
Form: 424B5
Chunk 37
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 Shareholders have no preemptive rights to subscribe for any of our securities. For other information with respect to our common shares, including effects that provisions in our Declaration of Trust and Bylaws may have in delaying, deferring or preventing a change in our control, see “Description of Certain Provisions of Maryland Law and EPR’s Declaration of Trust and Bylaws” below. Preferred Shares General Our Declaration of Trust authorizes our Board of Trustees to determine the preferences, conversion or other rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption of our authorized and unissued preferred shares. These may include:

| • |     | the distinctive designation of each series and the number of shares that will constitute the series; |

| • |     | the voting rights, if any, of shares of the series; |

| • |     | the distribution rate on the shares of the series, any restriction, limitation or condition upon the payment of              
 the distribution, whether distributions will be cumulative, and the dates on which distributions accumulate and are payable; |

| • |     | the prices at which, and the terms and conditions on which, the shares of the series may be redeemed, if the 
 shares are redeemable;                                                                                       |

| • |     | the purchase or sinking fund provisions, if any, for the purchase or redemption of shares of the series; |

| • |     | any preferential amount payable upon shares of the series upon our liquidation or the distribution of our assets; |

| • |     | if the shares are convertible, the price or rates of conversion at which, and the terms and conditions on which, 
 the shares of the series may be converted into other securities; and                                             |

| • |     | whether the series can be exchanged, at our option, into debt securities, and the terms and conditions of any 
 permitted exchange.                                                                                           |

The issuance of preferred shares, or the issuance of any rights or warrants to purchase preferred shares, could discourage an unsolicited acquisition proposal. In addition, the rights of holders of common shares will be subject to, and may be adversely affected by, the rights of holders of any preferred shares that we may issue in the future. The following describes some general terms and provisions of the preferred shares to which a prospectus supplement or other applicable offering materials may relate. The statements below describing the preferred 9

shares are in all respects subject to and qualified in their entirety by reference to the applicable provisions of our Declaration of Trust, including