Company: KW
Filing Date: 2025-05-09
Form Type: 424B3
Source: 0001408100-25-000117
Chunk: 14

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-09
Form: 424B3
Chunk 14
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31, 2025 and December 31, 2024 the Company had $193.6 million and $94.5 million, respectively, of restricted cash, which is included in cash and cash equivalents, that primarily relates to lender reserves associated with consolidated mortgages that we hold on properties and reserves held on loans in the Construction Loan Portfolio (as defined herein) on behalf of the borrowers under such loans. These reserves typically relate to interest, tax, insurance and future capital expenditures at the properties and on our loan investments.

Supplemental disclosure of non-cash investing and financing activities:

|                                                              | (Dollars in millions) | Three Months Ended March 31, | 2025 |     |   | 2024 |
|:-------------------------------------------------------------|:----------------------|:-----------------------------|-----:|:----|:--|-----:|
| Accrued capital expenditures                                 |                       | $                            |  2.2 |     | $ |  5.0 |
| Common dividends declared but not paid on common stock       |                       |                              | 16.6 |     |   | 33.1 |
| Preferred dividends declared but not paid on preferred stock |                       |                              | 10.9 |     |   |  9.2 |

During the three months ended March 31, 2025, the Company completed a deed-in-lieu transaction with respect to a bridge loan secured by a retail center in Southern California. The Company held the loan with a partner and will now account for the investment as an unconsolidated investment in the underlying real estate. The Company's share of the loan was $14.4 million, which will be accounted for as an increase in unconsolidated investments and corresponding decrease to loans. No gain or loss was recognized as the par value of the loan approximates the fair value of the real estate.

<div align='center'>See accompanying notes to consolidated financial statements.

6</div>

#### Kennedy-Wilson Holdings, Inc.

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

#### NOTE 1—BASIS OF PRESENTATION
Kennedy-Wilson Holdings, Inc. (“KWH,” NYSE: KW), a Delaware corporation and its wholly owned and consolidated subsidiaries (collectively the "Company" or "Kennedy Wilson"), is a real estate investment company that invests in high growth markets across the United States ("U.S."), the United Kingdom ("UK")