Company: EPR-PE
Filing Date: 2025-06-03
Form Type: S-3ASR
Source: 0001193125-25-134126
Chunk: 47

Company: EPR PROPERTIES
Filing Date: 2025-06-03
Form: S-3ASR
Chunk 47
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 them ourselves. |

| • |     | Holders will not be required to pay a service charge to transfer or exchange their units, but they may be                                                                                                                                          
 required to pay for any tax or other governmental charge associated with the transfer or exchange. The transfer or exchange, and any replacement, will be made only if our transfer agent is satisfied with the holder’s proof of legal ownership. 
 The transfer agent may also require an indemnity before replacing any units.                                                                                                                                                                       |

| • |     | If we have the right to redeem, accelerate or settle any units before their maturity, and we exercise our right                                                                                                                                           
 as to less than all those units or other securities, we may block the exchange or transfer of those units during the period beginning 15 days before the day we mail the notice of exercise and ending on the day of that mailing, in order to freeze the 
 list of holders to prepare the mailing. We may also refuse to register transfers of or exchange any unit selected for early settlement, except that we will continue to permit transfers and exchanges of the unsettled portion of any unit being         
 partially settled. We may also block the transfer or exchange of any unit in this manner if the unit includes securities that are or may be selected for early settlement.                                                                                |

Only the depositary will be entitled to transfer or exchange a unit in global form, since it will be the sole holder of the unit. Payments and Notices In making payments and giving notices with respect to our units, we will follow the procedures we plan to use with respect to our debt securities, where applicable. We describe those procedures above under “Description of Debt Securities.” 36

DESCRIPTION OF CERTAIN PROVISIONS OF MARYLAND LAW AND EPR’S

DECLARATION OF TRUST AND BYLAWS

We are organized as a Maryland real estate investment trust. The following is a summary of our Declaration of Trust and Bylaws and several provisions of Maryland law. Because the following is a summary, it does not contain all the information that may be important to you. If you want more information, you should read our entire Declaration of Trust and Bylaws, copies of which we have previously filed with the SEC, or refer to the provisions of Maryland law. See “Where You Can Find More Information” for information about how to obtain copies of our Declaration of Trust and Bylaws.

Trustees

Our Declaration of Trust and
Bylaws provide that only our Board of Trustees will establish the number of Trustees, provided however that the term of office of a Trustee