Company: KW
Filing Date: 2025-08-08
Form Type: 424B3
Source: 0001408100-25-000150
Chunk: 32

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-08
Form: 424B3
Chunk 32
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ization of a portion of the Company's interest in Kona Village, (ii) receipt of excess proceeds from multifamily properties that were refinanced, (iii) the payoff of a loan in the Company's European debt platform and (iv) the redemption of our interests in certain hedge funds.

Income (Loss) from Unconsolidated Investments

The following table presents (loss) income from unconsolidated investments recorded by Kennedy Wilson during the three and six months ended June 30, 2025 and 2024:

| (Dollars in millions)                                                   |     | 2025 | Three Months Ended June 30, |     | 2024 |       |     | 2025 | Six Months Ended June 30, |     | 2024 |       |
|:------------------------------------------------------------------------|:----|:-----|----------------------------:|:----|:-----|------:|:----|:-----|--------------------------:|:----|:-----|------:|
| Income from unconsolidated investments - operating performance          |     | $    |                         8.9 |     | $    |   6.0 |     | $    |                      19.6 |     | $    |  13.8 |
| (Loss) income from unconsolidated investments - fair value              |     |      |                        -7.1 |     |      | -11.8 |     |      |                       1.8 |     |      |  -9.9 |
| Loss from unconsolidated investments - carried interests Funds          |     |      |                        -0.2 |     |      | -10.7 |     |      |                      -5.5 |     |      | -25.6 |
| Loss from unconsolidated investments - carried interests co-investments |     |      |                        -1.8 |     |      |  -1.6 |     |      |                      -4.7 |     |      |  -3.1 |
|                                                                         |     | $    |                        -0.2 |     | $    | -18.1 |     | $    |                      11.2 |     | $    | -24.8 |

<div align='center'>15</div>

#### Kennedy-Wilson Holdings, Inc.

### Notes to Consolidated Financial Statements
<div align='center'>(Unaudited)</div>

The increase in income from un