Company: KW
Filing Date: 2025-05-09
Form Type: 424B3
Source: 0001408100-25-000117
Chunk: 115

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-09
Form: 424B3
Chunk 115
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 of 7.5% of Base Salary by the Company, any applicable medical, dental, disability, accidental death and dismemberment and life insurance plans and programs and paid-time-off programs) maintained by the Company for the benefit of its similarly-situated executives from time to time, subject to the terms and conditions of such plans and programs. Nothing contained in this Section 3(d) shall create or be deemed to create any obligation on the part of the Company to adopt or maintain, or restrict the Company’s ability to amend or terminate, any health, welfare, retirement or other benefit plan or program at any time.

(e) Expenses . During the Term, Executive shall be entitled to reimbursement for all reasonable and necessary business expenses properly incurred by Executive in the performance of Executive’s services hereunder in accordance with the policies, practices and procedures generally applicable to similarly-situated executives of the Company, as in effect from time to time (subject to Executive’s proper substantiation of such expenses).

(f) Holidays . The Company’s holiday year runs from 1 st January to 31 st December. Holidays can only be taken with the prior permission of the Chairman and Chief Executive Officer of Kennedy Wilson, Inc. Executive’s annual entitlement to paid holidays is to those public or customary holidays recognized by the Company in the UK in any holiday year (of which there are typically eight in total), and in addition, 25

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contractual days’ holiday. Entitlement to holidays is accrued pro rata throughout the holiday year. Executive is not entitled to carry any unused holiday entitlement forward to the next holiday year unless prevented from taking it in the relevant holiday year due to sickness, absence or authorized family-leave, or unless the Company has otherwise granted permission. Upon notice of termination being served by either party, the Company may require Executive to take any unused holiday accrued in the holiday year in which the termination takes place at any time during any notice period. Alternatively, the Company may, at its discretion, on termination of the employment, make a payment in lieu of accrued but untaken holidays. Executive will be required to make a payment to the Company in respect of any holidays taken in excess of his holiday entitlement accrued as at the termination of his employment. Any sums so due may be deducted from any money owing to the Executive by the Company.

(g) Other Paid Leave . Executive may be eligible for other forms of paid leave, subject to any statutory eligibility requirements or conditions and the Company’s rules applicable to each type of