Company: KW
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058797
Chunk: 54

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 54
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 of their cost.

Employment Agreements

On September 29, 2023, the Company entered into new employment agreements with all of the NEOs, which remove certain legacy provisions contained in their prior employment agreements to be in line with current market practices (including practices used by our peers). Additional information regarding the employment agreements of the NEOs may be found under the subheading below“Termination and Change in Control Benefits.”

The following describes key terms of the NEO's employment agreements:

Mr. McMorrow.The employment agreement between the Company and Mr. McMorrow expires on September 29, 2026 and provides for an annual base salary of $1,500,000. Under the agreement, Mr. McMorrow is entitled to receive an annual performance bonus and equity compensation in amounts approved by the Compensation Committee, and insurance coverage and other benefits generally available to all other officers.

Mr. Enbody.The employment agreement between the Company and Mr. Enbody expires on September 29, 2026 and provides for an annual base salary of $800,000. Under the agreement, Mr. Enbody is entitled to receive an annual performance bonus and equity compensation in amounts approved by the Compensation Committee, and insurance coverage and other benefits generally available to all other officers.

Mr. Windisch.The employment agreement between the Company and Mr. Windisch expires on September 29, 2026 and provides for an annual base salary of $1,000,000. Under the agreement, Mr. Windisch is entitled to receive an annual performance bonus and equity compensation in amounts approved by the Compensation Committee, and insurance coverage and other benefits generally available to all other officers.

Mr. Lee.The employment agreement between the Company and Mr. Lee expires on September 29, 2026 and provides for an annual base salary of $725,000. Under the agreement, Mr. Lee is entitled to receive an annual performance bonus and equity compensation in amounts approved by the Compensation Committee, and insurance coverage and other benefits generally available to all other officers.

Kennedy Wilson/ Proxy Statement 2025 /41

#### EXECUTIVE COMPENSATION
Mr. Pegler. The employment agreement between the Company and Mr. Pegler expires on September 29, 2026 and provides for an annual base salary of $725,000. Under the agreement, Mr. Pegler is entitled to receive an annual performance bonus and equity compensation in amounts approved by the Compensation Committee, and insurance coverage and other benefits generally available to all other officers. Risk Mitigation Our executive compensation program