Company: KW
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058797
Chunk: 48

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 48
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 Assets Under Management grew by 12% in 2024 to a record $28 billion • Generated approximately $571 million of cash from asset sales, recapitalizations and loan repayments and redeployed capital to grow the investment management platform and pay down indebtedness Strong Financial and Operational Performance in our Stabilized Portfolio • Same-store occupancy amount KW's multifamily portfolio grew to 94.6%, up 0.8% • Multifamily assets yielded same-property NOI growth of 3.6% and same-property revenue growth of 3.5% • Portfolio stabilization through development and lease-up initiatives expected to add $65 million in estimated annual NOI; development pipeline near complete, with minimal equity commitments related to development projects in fiscal year 2025 ESG Initiatives • Ranked among Newsweek’s Excellence 1000 Index 2025 demonstrating that Kennedy Wilson is at the forefront of corporate social responsibility • Continue to improve scope 1 and scope 2 data collection; completing climate risk assessment for all assets in investment management portfolio • Certified 3.3 million square feet to reach 6.8 million square feet of sustainable certification across our global portfolio • Added 4.4 million square feet of space to our collaborative optimization program to improve energy efficiency across office assets, and increased solar installed capacity to 5.3 MWp and electric vehicle charging points to approximately 450

36/Kennedy Wilson/ Proxy Statement 2025

#### EXECUTIVE COMPENSATION
With respect to the individual performance factors, the Compensation Committee considered each NEO’s individual performance and their contributions to the Company’s overall 2024 accomplishments, including the performance set forth under “2024 Business Highlights”. The Compensation Committee determined that for Mr. McMorrow, whose individual performance is most directly tied to the Company’s performance, would receive a payout equal to approximately 25% below target primarily due to the Company’s 2024 stock price performance under the “Other Key Corporate Performance Factors and Individual Performance” component of our 2024 cash bonus program. Based on feedback from the CEO regarding the contributions of our other NEOs to the Company’s performance during 2024, the Compensation Committee determined that each of the other NEOs would receive a payout ranging from 113% to 133% of target (and no NEO received maximum cash bonus payouts). The 2024 annual cash bonuses paid to our NEOs based on the performance results discussed above are as follows:

| Named Executive Officer |     | 2024 Cash Bonus |
| William J. McM