Company: EPR-PE
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001045450-25-000068
Chunk: 51

Company: EPR PROPERTIES
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 51
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 Committee selected to compare our TSR against a group of triple-net lease REITs with which we most directly compete for business and/or capital (see

#### 2025 Proxy StatementPage 47
the table below) and to compare our TSR against the index that management believes is most relevant to measure our performance (the MSCI US REIT Index).

| 2024-2026 Triple-Net Peer Group   |     |                           |
| Agree Realty Corporation          |     | NNN REIT, Inc.            |
| Broadstone Net Lease, Inc.        |     | Realty Income Corporation |
| Four Corners Property Trust, Inc. |     | Safehold Inc.             |
| Gaming & Leisure Properties, Inc. |     | VICI Properties Inc.      |
| Getty Realty Corp.                |     | W.P. Carey Inc.           |
| LXP Industrial Trust              |     |                           |

The final financial metric measures the average annual growth in our AFFO per Share.

The number of actual common shares issued at the end of the performance period will equal the target number of PSUs (set forth above) multiplied by 21.7% multiplied by the payout percentage set forth below. The Compensation Committee included AFFO per Share growth because it impacts our ability to pay dividends, which is a key driver of our stock price and TSR.

| 2024-2026 AFFO per Share Growth |     |                                         |     |            |
| Performance Level               |     | Compound Annual Growth Rate of AFFO per 
 Share for the Performance Period        |     | Payout     
 Percentage |
| Maximum                         |     | 6.0%                                    |     | 200.0%     |
| Target                          |     | 4.0%                                    |     | 100.0%     |
| Minimum                         |     | 2.0%                                    |     | 50.0%      |

If results for a performance metric exceed the minimum, but are less than target, or exceed target, but are less than maximum, the applicable Payout Percentage 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. The applicable Payout Percentage will be 0% if the applicable performance metric is below the minimum.

PSUs were first awarded to our NEOs in February 2020, covering a three-year performance period that ended on December 31, 2022. The PSUs