EPR Properties (EPR) Proxy filing summary

Executive summary

• Achieved 65% revenue growth to $271.96 million, with all divisions exceeding expectations and strong organic growth driven by expanded project scopes and new contracts.

• Statutory NPAT increased 24.9% to $14.66 million; adjusted NPAT up 61.2% to $15.79 million, reflecting robust operational performance.

• Workforce grew 32% to 1,088, supported by expanded training facilities and high retention rates.

• Safety performance improved, with a 20% reduction in TRIFR and compliance exceeding industry benchmarks.

• FY2013 outlook anticipates a challenging coal sector, but a $250 million contracted order book and $728 million in tenders underpin future revenues.

Voting matters and shareholder proposals

• Shareholders to vote on a new rights package for the CEO, with vesting conditions and escrow provisions for years one and two.

• No on-market buy-back or restricted securities; voting rights are one vote per share, with proxy options available.

Board of directors and corporate governance

• Board comprises five directors, including two independent non-executive directors; Chairman is independent.

• Board committees include Audit & Risk Management and Remuneration & Nomination, both meeting regularly and following ASX governance principles.

• Directors have access to independent professional advice and are guided by a formal Board Charter and Codes of Conduct.