Company: KW
Filing Date: 2025-05-09
Form Type: 424B3
Source: 0001408100-25-000117
Chunk: 114

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-09
Form: 424B3
Chunk 114
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 shall perform the services required by this Agreement at the Company’s principal offices located in London, United Kingdom (the “

#### Principal Work Location
”). The Executive is currently not required to be absent from the United Kingdom for a period exceeding one month at any one time.

3. Compensation and Benefits; Expenses .

(a) Base Salary . During the Term, Executive shall receive a base salary (as may be adjusted from time to time, the “

#### Base Salary
”) of £ 600,000 per year (pro-rated for any partial year of service). The Base Salary shall be paid in installments in accordance with the Company’s customary payroll practices, as in effect from time to time, but no less often than monthly. The Base Salary shall be reviewed no less often than annually by the Compensation Committee of the Board (the “

#### Committee
”).

(b) Annual Bonus . For each fiscal year of the Company ending during the Term, Executive shall be eligible to earn a cash performance bonus (an “

#### Annual Bonus
”) based on the attainment of Company and/or individual performance objectives that are determined by the Committee in its discretion. The actual amount of any Annual Bonus shall be determined by reference to the attainment of the applicable performance objectives, as determined by Committee in its sole discretion. Any Annual Bonus shall be paid at such times as annual bonuses are generally paid to other similarly-situated employees of the Company generally for the fiscal year in which such Annual Bonus was earned (but in no event later than March 15 th of the calendar year following the calendar year to which such Annual Bonus relates), subject to and conditioned upon Executive’s continued employment through the applicable payment date (and Executive not having given notice to terminate his employment).

(c) Equity Awards . During the Term, Executive shall be eligible for grants of equity awards covering Holdings common stock under the Holdings Second Amended and Restated 2009 Equity Participation Plan or any other applicable equity plan maintained by Holdings from time to time, subject to vesting and other terms and conditions determined by the Committee, in its sole discretion. Nothing in this Agreement will be construed to give Executive any right to any particular award, or any amount or type of any such award, except as provided in an award agreement between Holdings and Executive that is authorized by the Committee and, if required, approved by the Board.

(d) Benefits . During the Term, Executive will be eligible to participate in the health, welfare and retirement benefit plans and programs (including participation in the Company’s pension plan with a monthly contribution