Company: GLPI
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001193125-25-179509
Chunk: 99

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-08-13
Form: 424B5
Chunk 99
---
 whether the dividends shall be cumulative and, if so, the date                      
 from which they shall be cumulative, and the relative rights of priority, if any, of payment of dividends on shares of such series; |

| • |     | the dates at which dividends, if any, shall be payable; |

| • |     | the right, if any, of GLPI to redeem shares of such series and the terms and conditions of such redemption; |

| • |     | the rights of the shares in case of a voluntary or involuntary liquidation, dissolution or winding up of GLPI, 
 and the relative rights of priority, if any, of payment of shares of such series;                              |

| • |     | the voting power, if any, of such series and the terms and conditions under which such voting power may be 
 exercised;                                                                                                 |

| • |     | the obligation, if any, of GLPI to retire shares of such series pursuant to a retirement or sinking fund or funds 
 of a similar nature or otherwise and the terms and conditions of such obligations;                                |

| • |     | the terms and conditions, if any, upon which shares of such series shall be convertible into or exchangeable for                                                 
 shares of stock of any other class or classes, including the price or prices or the rate or rates of conversion or exchange and the terms of adjustment, if any; |

| • |     | restrictions on the issuance of shares of the same series or of any other class or series; and |

| • |     | any other rights, preferences or limitations of the shares of such series. |

Accordingly, GLPI’s board of directors, without shareholder approval, may issue preferred stock with voting, conversion, or other rights that could adversely affect the voting power and other rights of the holders of GLPI’s common stock. Preferred stock could be issued quickly with terms calculated to delay, defer, or prevent a change of control or other corporate action, or make removal of management more difficult. Additionally, the issuance of preferred stock may have the effect of decreasing the market price of GLPI’s common stock, may adversely affect the voting and other rights of the holders of GLPI’s common stock. Restrictions on Ownership and Transfer In order for GLPI to qualify to be taxed as a REIT under the Code, shares of its stock must be beneficially owned by 100 or more persons during at least 335 days of a taxable year of twelve months (other than the first year for which an election to qualify to