Company: KW
Filing Date: 2025-05-09
Form Type: 424B3
Source: 0001408100-25-000117
Chunk: 12

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-09
Form: 424B3
Chunk 12
---
                 |       — |     |                       |   37.8 |     |                    |      — |     |                          | -0.1 |     |   |    37.7 |
| Distributions to noncontrolling interests                        |     |                 |       — |     |        |     — |     |              |           — |     |        | — |     |                 |       — |     |                       |      — |     |                    |      — |     |                          | -0.8 |     |   |    -0.8 |
| Balance at March 31, 2024                                        |     |                 | 800,000 |     | $      | 789.9 |     |              | 138,095,244 |     | $      | — |     | $               | 1,706.5 |     | $                     | -347.1 |     | $                  | -406.7 |     | $                        | 42.3 |     | $ | 1,784.9 |

<div align='center'>See accompanying notes to consolidated financial statements.

4</div>

#### Kennedy-Wilson Holdings, Inc.

### Consolidated Statements of Cash Flows
<div align='center'>(Unaudited)

(Dollars in millions)</div>

| Cash flows from operating activities:                                                           |     | Three Months Ended March 31, 
 2025                         |       |     | 2024 |        |
|:------------------------------------------------------------------------------------------------|:----|:-----------------------------|------:|:----|:-----|-------:|
| Net (loss) income                                                                               |     | $                            | -29.6 |     | $    |   37.7 |
| Adjustments to reconcile net (loss) income to net cash used in operating activities:            |     |                              |       |     |      |        |
| Loss (gain) on sale of real estate, net                                                         |     |                              |   0.8 |     |      | -106.4 |
| Depreciation and amortization                                                                   |     |                              |  34.1 |     |      |   38.9 |
| Above/below market and straight-line rent amortization                                          |     |                              |   0.1 |     |      |    0.4 |
| Uncollectible lease income                                                                      |     |                              |   0.2 |     |      |    0.