Company: KW
Filing Date: 2025-03-03
Form Type: 424B3
Source: 0001408100-25-000092
Chunk: 152

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-03-03
Form: 424B3
Chunk 152
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     |     |                      |      |
| EUR                   |     | USD                 |     |          |       |     |                   |   — |     |                 |   — |     |                                     |    — |     |    |     |                  |  2.7 |     |                  | 2.1 |     |                      |  4.0 |
| GBP                   |     | USD                 |     |          |       |     |                   |   — |     |                 |   — |     |                                     |  2.5 |     |    |     |                  |  0.7 |     |                  | 1.0 |     |                      | -2.4 |
| Total Settled         |     |                     |     |          |       |     |                   |   — |     |                 |   — |     |                                     |  2.5 |     |    |     |                  |  3.4 |     |                  | 3.1 |     |                      |  1.6 |
| Total                 |     |                     |     |          |       |     | $                 | 4.9 |     | $               | 6.1 |     | $                                   | 30.8 |     | -3 |     | $                | 12.7 |     | $                | 5.0 |     | $                    |  1.6 |

(1) Hedge is held by KWE on its wholly-owned subsidiaries.

(2) Relates to KWE's Euro Medium Term Note. See discussion in Note 10.

(3) Excludes deferred tax expense of $1.4 million.

The gains and losses recognized through other comprehensive income (loss) will remain in accumulated other comprehensive income (loss) until the underlying investments they were hedging are substantially liquidated by Kennedy Wilson. During the year ended December 31, 2024, the Company reclassified a loss of $8.8 million from other comprehensive loss to gain on sale of real estate relating to the sale of the Shelbourne hotel and $2.1 million gain on an interest rate swap due to the repayment of the underlying mortgage.

The currency derivative contracts discussed above are offset by foreign currency translation of the Company's foreign net assets. For the year ended December 31, 2024, Kennedy Wilson had a gross foreign currency translation losses on its net assets of $37.1 million. As of December