Company: EPR-PE
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001045450-25-000068
Chunk: 42

Company: EPR PROPERTIES
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 42
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 that impacted our executive compensation decisions and policies related to executive compensation. For 2024, the Compensation Committee set the AIP metrics based on FFO, as adjusted, per Share, investment spending and personal performance, factors that drive our performance.

The following table compares the Company’s actual performance to the targeted level of each AIP performance measure for 2024:

| 2024 - Performance Measures(1) |     |      Minimum |     |       Target |     |      Maximum |     |         Actual |     | Performance                
 Against Target             |
| FFO, as adjusted, per Share    |     |        $4.76 |     |        $4.86 |     |        $4.96 |     |          $4.87 |     | Between target and maximum |
| Investment spending            |     | $200 million |     | $250 million |     | $300 million |     | $263.9 million |     | Between target and maximum |

(1) A discussion of these performance measures is provided on pages 43 and 44.

Other significant accomplishments in 2024 include:

• The Company’s FFO, as adjusted, per Share was approximately $4.87.

• The Company increased its dividend by $0.12 per share on an annual basis

#### 2025 Proxy StatementPage 41
• The Company concluded the year in a strong liquidity position with cash on hand of $22.1 million and a $175.0 million balance outstanding on its $1.0 billion unsecured revolving credit facility with leverage metrics in line with targeted levels.

• The Company maintained investment grade ratings on its public debt from all rating agencies.

• The Company invested $263.9 million, substantially in non-theatre assets.

• The Company completed dispositions totaling $74.4 million in net proceeds.

• The Company amended its revolving credit facility that among other things (i) extended the maturity date; (ii) generally reduced the interest rate payable on outstanding loans; (iii) eliminated the tangible net worth covenant; (iv) modified the secured debt to total assets financial covenant to permit increased secured debt if the Company so elects; and (v) modified and simplified the capitalization rates used to value assets under the facility.

Compensation Program Design and 2024 Compensation Decisions

Our Compensation Committee uses the elements of executive compensation described below to meet its compensation objectives for NEOs. The percentage of a NEO’s total compensation that is comprised of each of the compensation elements is