Material Agreement (Form 8-K)

On November 3, 2025, EPR Properties (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with J.P. Morgan Securities LLC, BofA Securities, Inc., Barclays Capital Inc. and RBC Capital Markets, LLC, for themselves and as representatives of the several underwriters named therein, in connection with the Company's issuance and sale of $550,000,000 aggregate principal amount of 4.750% Senior Notes due 2030. The Company has filed a preliminary prospectus supplement in connection with the offering, dated November 3, 2025, and filed with the Securities and Exchange Commission on November 3, 2025.

The Underwriting Agreement contains customary representations, warranties and covenants and includes the terms and conditions for the sale of the notes, indemnification and contribution obligations and other terms and conditions customary in agreements of this type.

The foregoing description of the Underwriting Agreement does not purport to be complete and is subject to, and qualified in its entirety by, reference to the Underwriting Agreement, which is attached hereto as Exhibit 1.1, and is incorporated herein by reference.