Company: EPR-PE
Filing Date: 2025-12-05
Form Type: 424B5
Source: 0001193125-25-309969
Chunk: 61

Company: EPR PROPERTIES
Filing Date: 2025-12-05
Form: 424B5
Chunk 61
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, beneficial ownership interests 
 in such registered global security;                                                                   |

| • |     | maintaining, supervising or reviewing any records relating to beneficial ownership interests; |

| • |     | the payments to beneficial owners of the global security of amounts paid to the depositary or its nominee; or |

| • |     | any other matter relating to the actions and practices of the depositary, its nominee or any of its participants. |

Generally, a depositary, upon receipt of any payment of principal, premium, interest on or additional amounts with respect to the global security, will immediately credit participants’ accounts with payments in amounts proportionate to their beneficial interests in the principal amount of a registered global security as shown on the depositary’s records. Generally, payments by participants to owners of beneficial interests in a registered global security held through participants will be governed by standing instructions and customary practices. This is currently the case with the securities held for the accounts of customers registered in “street name.” Such payments will be the responsibility of participants. 27

Exchange of Registered Global Securities We may issue debt securities in definitive form in exchange for the registered global security if both of the following occur:

| • |     | the depositary for any debt securities represented by a registered global security is at any time unwilling or 
 unable to continue as depositary or ceases to be a clearing agency registered under the Exchange Act; and      |

| • |     | we do not appoint a successor depositary within 90 days. |

In addition, we may, at any time, determine not to have any of the debt securities of a series represented by one or more registered global securities. In this event, we will issue debt securities of that series in definitive form in exchange for all of the registered global security or securities representing those debt securities. Covenants by the Company The indentures include covenants by us, including among other things that (i) we will make all payments of principal and interest at the times and places required and (ii) we will do or cause to be done all things necessary to preserve and keep in full force our existence, subject to certain terms as generally described under “—Mergers, Consolidations and Certain Sales of Assets.” The board resolution or supplemental indenture establishing each series of debt securities may contain additional covenants, including covenants which could restrict our right to incur additional indebtedness or liens and to take certain actions with respect to our businesses and assets. The indentures contain no covenant or provision which aff