Company: EPR-PE
Filing Date: 2025-11-05
Form Type: 424B5
Source: 0001193125-25-266433
Chunk: 160

Company: EPR PROPERTIES
Filing Date: 2025-11-05
Form: 424B5
Chunk 160
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, other than debt instruments issued by us, at least annually at a single fixed rate. The “issue price” of a debt security is the first price at which a substantial amount of the debt securities in the issuance that includes such debt security is sold for money, excluding sales to bond houses, brokers or similar persons or organizations acting in the capacity of underwriters, placement agents or wholesalers. The amount of OID with respect to a debt security will be treated as zero if the OID is less than an amount equal to 0.0025 multiplied by the product of the stated redemption price at maturity and the number of complete years to maturity, or, in the case of a debt security that provides for payment of any amount other than qualified stated interest prior to maturity, the weighted average maturity of the debt security. If one or more series of debt securities are issued with OID, disclosure concerning the tax considerations arising therefrom will be included with the applicable prospectus supplement or other applicable offering materials under which those securities are offered. Taxation of Taxable U.S. Debt Holders As used herein, the term “U.S. debt holder” means a beneficial owner of our debt securities who, for U.S. federal income tax purposes is:

| • |     | a citizen or resident of the United States; |

| • |     | a corporation (including an entity classified as a corporation for U.S. federal income tax purposes) created or                
 organized in or under the laws of the United States or any political subdivision thereof (including the District of Columbia); |

| • |     | an estate the income of which is subject to U.S. federal income taxation regardless of its source; or |

| • |     | a trust that (1) is subject to the primary supervision of a U.S. court and which has one or more U.S.                                                                                        
 persons who have the authority to control all substantial decisions of the trust or (2) has a valid election in effect under applicable Treasury Regulations to be treated as a U.S. person. |

If you are a U.S. debt holder, this section applies to you. Otherwise, if you are a “Non-U.S.debt holder” (as defined below), the section entitled “Taxation of Non-U.S.Shareholders,” applies to you. If an entity or arrangement treated as a partnership for U.S. federal income tax purposes holds our debt securities, the U.S. federal income tax treatment of a partner generally will depend on the status of the partner and the activities of the