Company: EPR-PE
Filing Date: 2025-06-03
Form Type: S-3ASR
Source: 0001193125-25-134116
Chunk: 10

Company: EPR PROPERTIES
Filing Date: 2025-06-03
Form: S-3ASR
Chunk 10
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 Administrator holds pending investment or that may ultimately be 
 returned to you. See Questions 17 and 21.                                                                        |

| • |     | The purchase price for common shares purchased under the Plan may exceed the price of acquiring common shares on 
 the open market at any given time on the actual purchase date.                                                   |

4. Who is eligible to participate in the Plan? The Plan is open to all U.S. residents, whether or not they currently own our common shares. 5. Can non-U.S.citizens participate in the Plan? Yes. If you are not a U.S. citizen, you can participate in the Plan, provided there are no laws or governmental regulations that would prohibit you from participating or laws or governmental regulations that would affect the terms of the Plan. We reserve the right to terminate the participation of any shareholder if we deem it advisable under any laws or regulations. You will be subject to certain tax withholding regarding dividends that are reinvested. 6. How do I enroll in the Plan if I am already an EPR shareholder? After being furnished with a copy of this prospectus, you may join the Plan at any time by enrolling online through Computershare at www.computershare.com/EPR or by completing and returning the enclosed 8

enrollment form. All Plan materials, including enrollment forms, as well as other Plan forms and this prospectus, are available through the Plan Administrator as indicated in the answer to
Question 31 below.

You will become a participant after a properly completed enrollment form has been received and accepted by the Plan
Administrator or after you enroll online.

7. I already own shares, but they are held by my bank or broker and registered in “street name.” How can I participate in the Plan?

If you are the beneficial owner of common shares registered in “street name” (for
example, in the name of a bank, broker or trustee), you may participate in the Plan by either: (1) transferring those securities into your own name and depositing those common shares into the Plan for safekeeping and/or electing to reinvest
cash dividend payments on those common shares (see the answer to Question 27); or (2) making arrangements with your record or registered holder (for example, your bank, broker or trustee, who will become the participant) to participate in the
Plan on your behalf.

8. I am not currently an EPR shareholder. How do I enroll in the Plan?

If you do not currently own any of