Company: EPR-PE
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001193125-25-309969
Chunk: 67

Company: EPR PROPERTIES
Filing Date: 2025-12-05
Form: 424B5
Chunk 67
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 transferee entity shall be a corporation organized and existing under the laws of the                                                                                                                                   
 United States or any state thereof or the District of Columbia and such resulting, surviving or transferee entity shall expressly assume, by supplemental indenture, all of our obligations under the debt securities and the applicable indenture; |

| • |     | immediately after giving effect to such transaction, no default or event of default would occur or be continuing; 
 and                                                                                                               |

| • |     | we shall have delivered to the trustee an officers’ certificate and an opinion of counsel, each stating                    
 that such consolidation, merger or transfer and such supplemental indenture (if any) comply with the applicable indenture. |

Except for the above restrictions, the indenture does not limit the ability of the Company to enter into any of the following types of transactions:

| • |     | a highly leveraged or similar transaction involving us, our management or any affiliate thereof; |

| • |     | a change of control; or |

| • |     | a reorganization, restructuring, merger or similar transaction involving us that may adversely affect the holders 
 of the debt securities.                                                                                           |

In addition, subject to the limitations on mergers, consolidations and sales described above, we may enter into transactions in the future, such as the sale of all or substantially all of our assets or the merger or consolidation of us, that would increase the amount of our debt or substantially reduce or eliminate our assets, which may have an adverse effect on our ability to service its debt, including the debt securities. Governing Law The indentures and the debt securities will be governed by the laws of the State of New York, except as may be provided as to any series in a supplemental indenture. Conversion or Exchange Rights Any debt securities that we may issue pursuant to this prospectus may be convertible into or exchangeable for shares of our equity or other securities. The terms and conditions of such conversion or exchange will be set forth in the applicable prospectus supplement or other offering materials. Such terms may include, among others, the following:

| • |     | the conversion or exchange price; |

| • |     | the conversion or exchange period; |

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| • |     | restrictions on conversion, including to maintain REIT status; |

| • |     | provisions regarding our ability or that of the holder to convert or exchange the debt securities; |

| • |     | events requiring adjustment to the conversion or exchange price; and |

| • |     | provisions