Company: EPR-PE
Filing Date: 2025-11-05
Form Type: 424B5
Source: 0001193125-25-266433
Chunk: 55

Company: EPR PROPERTIES
Filing Date: 2025-11-05
Form: 424B5
Chunk 55
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 price or that an active trading market for the notes will develop and continue after this offering. Certain of the underwriters have advised us that they currently intend to make a market in the notes. However, they are not obligated to do so, and they may discontinue any market-making activities with respect to the notes at any time without notice. Accordingly, we cannot assure you as to the liquidity of, or the trading market for, the notes. S-42

The following table shows the underwriting discount that we are to pay to the underwriters in connection with this offering (expressed as a percentage of the principal amount of the notes):

|          |     | Paid by us |       |   |
| Per note |     |            | 0.600 | % |

We estimate that our total expenses for this offering will be $1.8 million, excluding the underwriting discount. In connection with the offering, the underwriters may purchase and sell notes in the open market. Purchases and sales in the open market may include short sales, purchases to cover short positions and stabilizing purchases.

| • |     | Short sales involve secondary market sales by the underwriters of a greater number of notes than they are required to 
 purchase in the offering.                                                                                             |

| • |     | Covering transactions involve purchases of notes in the open market after the distribution has been completed in order to 
 cover short positions.                                                                                                    |

| • |     | Stabilizing transactions involve bids to purchase notes so long as the stabilizing bids do not exceed a specified maximum. |

Purchases to cover short positions and stabilizing purchases, as well as other purchases by the underwriters for their own accounts, may have the effect of preventing or retarding a decline in the market price of the notes. They may also cause the price of the notes to be higher than the price that would otherwise exist in the open market in the absence of these transactions. The underwriters may conduct these transactions in the over-the-countermarket or otherwise. If the underwriters commence any of these transactions, they may discontinue them at any time. We have agreed to indemnify the underwriters against certain liabilities, including liabilities under the Securities Act, or to contribute to payments the underwriters may be required to make because of any of those liabilities. The underwriters and their respective affiliates are full service financial institutions engaged in various activities, which may include securities trading, commercial and investment banking, financial advisory, investment management, principal investment, hedging, financing and brokerage activities