Company: EPR-PE
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001193125-25-309969
Chunk: 3

Company: EPR PROPERTIES
Filing Date: 2025-12-05
Form: 424B5
Chunk 3
---
 prospectus supplement and the accompanying prospectus are part of a
registration statement we filed with the Securities and Exchange Commission (the “SEC”) utilizing the SEC’s “shelf” registration process. This prospectus supplement adds to and updates information contained in the
accompanying prospectus and the documents incorporated by reference in the accompanying prospectus. Generally, when we refer to this “prospectus,” we are referring to both documents combined. This prospectus supplement, the accompanying
prospectus and the documents incorporated by reference herein and therein include important information about us, the common shares and other information you should know before investing in the common shares. If information in this prospectus
supplement is inconsistent with the accompanying prospectus or any of the documents incorporated by reference in the accompanying prospectus, you should rely on the information contained in this prospectus supplement. Any information contained in
this prospectus supplement, the accompanying prospectus or in a document incorporated by reference herein or therein shall be deemed to be modified or superseded to the extent that information contained in any subsequently filed document which also
is incorporated by reference modifies or replaces such information.

References to “we,” “us,” “our,” “EPR” or the
“Company” refer to EPR Properties. When we refer to our “Declaration of Trust” we mean EPR Properties’ Amended and Restated Declaration of Trust, including the Articles Supplementary for each series of preferred shares,
as amended. When we refer to our “Bylaws” we mean EPR Properties’ Amended and Restated Bylaws, as amended. The term “you” refers to a prospective investor.

S-1

Cautionary statement concerning forward-looking statements This prospectus supplement, the accompanying prospectus, any free writing prospectus and the documents incorporated by reference herein and therein may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), such as those pertaining to our capital resources and liquidity, our expected pursuit of growth opportunities, our expected cash flows, the performance of our customers, our expected cash collections, and our results of operations and financial condition. Forward-looking statements involve numerous risks and uncertainties, and you should not rely on them as predictions of actual events. There is no assurance the events or circumstances reflected in the forward-looking statements will occur. You can identify forward-looking statements by