Company: KW
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058797
Chunk: 4

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 4
---
 management platform and a balance sheet portfolio of high-quality assets. Under the leadership of our Board of Directors and management team, in 2024 we continued to successfully execute our strategy and business plan designed to drive long-term shareholder value. Over the past few years, we have focused on (1) growing our investment management platform highlighted by the sustained growth in our real estate assets under management ("AUM") and fee-bearing capital, both of which grew to record levels in 2024; and (2) managing our global investment portfolio through new investments and non-core asset recycling to grow equity and debt investments focused in the rental housing sector. 2024 business highlights include:

| Investment Management Platform Growth                                             |
| $28.0BRecord high Real Estate AUM                                                 |
| $8.8BRecord high Fee-Bearing Capital                                              |
| 60%Year over year annual investment management fee growth to a record $99 million |
| $4.3Bin capital deployed or committed during 2024                                 |

| Asset Management and Execution of Strategic Capital Recycling Plan           |                                                            |                                                                                                                |
| $571MMcash generated from asset sales, recapitalizations and loan repayments | $29MMof NOI stabilized from completed developments in 2024 | 73%of AUM comprised of rental housing and industrial versus 64% in 2023, marking a significant portfolio shift |

| Balance Sheet Management                                         |                                                                                        |                                                                                                              |
| Renewed corporate line of credit with 10% upsize to $550 million | Completed €175 million early pay-down of Kennedy Wilson Europe bonds due November 2025 | Completed $1.3 billion of property-level refinancings with total KW interest only increasing by $0.5 million |

*See “2024 Performance Accomplishments” on page 32 for additional performance details.

#### PROXY SUMMARY
Executive Compensation Highlights

Our executive compensation program is designed to attract and retain high caliber executives who are capable of managing oursophisticated business model and global operations.The Compensation Committee is committed to (i) evaluating and updating our executive compensation and corporate governance practices based on its continual review of current market practices and governance trends, and (ii) ensuring that the program is aligned with our strategic growth objectives and drives and rewards operational and financial performance that leads to long-term stockholder value creation. Each element of compensation is determined based on thoughtful consideration by the Compensation Committee and is designed so that theprogram in totalitysupports our strategic business plan and motivates management to drive long-term value creation for