Shareholder Meeting Notice EPR Properties' Annual Meeting of Shareholders will be held on Friday, May 28, 2021 at the Company's offices, 909 Walnut St., Suite 200, Kansas City, MO 64106, at 11:00 a.m. Central Time. Proposals to be voted on at the meeting are listed below along with the Board of Trustees' recommendations. The Board of Trustees unanimously recommends a vote FOR the election of the nominees listed in Proposal 1 and FOR Proposals 2, 3 and 4: 1. Election of Trustees: 1 - Thomas M. Bloch 2 - Barrett Brady 3 - Peter C. Brown 4 - James B. Connor 5 - Robert J. Druten 6 - Jack A. Newman, Jr. 7 - Virginia E. Shanks 8 - Gregory K. Silvers 9 - Robin P. Sterneck 2. To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers as disclosed in these proxy materials. 3. To approve amendments to the Company's 2016 Equity Incentive Plan, including an increase to the number of authorized shares issuable under the plan. 4. To ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm for 2021. 5. To act upon any other matters that may properly come before the meeting or any adjournment or postponement thereof. PLEASE NOTE - YOU CANNOT VOTE BY RETURNING THIS NOTICE. To vote your shares you must go online or request a paper copy of the proxy materials to receive a proxy card. If you wish to attend and vote at the meeting, please bring this notice with you. Special Note Regarding Possible Changes to our Annual Meeting. The Company is monitoring developments relating to the coronavirus (COVID-19) and how they may affect the annual meeting. If the Company determines that any changes to the annual meeting of shareholders are necessary or appropriate, which may include changing the date and time of the meeting, including additional procedures for or limitations on meeting attendees, changing the location of the meeting or holding the meeting by remote communication, the Company will announce the changes, including how to participate in the meeting, in advance. Please monitor the Company's website at www.eprkc.com for updated information. Here's how to order a copy of the proxy materials and select delivery preferences: Current and future delivery requests can be submitted using the options below. If you request an email copy, you will receive an email with a link to the current meeting materials. PLEASE NOTE: You must use the number in the shaded bar on the reverse side when requesting a copy of the proxy materials. - Internet - Go to www.envisionreports.com/EPR. Click Cast Your Vote or Request Materials. - Phone - Call us free of charge at 1-866-641-4276. - Email - Send an email to investorvote@computershare.com with "Proxy Materials EPR Properties" in the subject line. Include your full name and address, plus the number located in the shaded bar on the reverse side, and state that you want a paper copy of the meeting materials. To facilitate timely delivery, all requests for a paper copy of proxy materials must be received by May 18, 2021.