Company: KW
Filing Date: 2025-03-31
Form Type: 10-K/A
Source: 0001408100-25-000099
Chunk: 10

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-03-31
Form: 10-K/A
Chunk 10
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 consolidated financial statements

#### Table of Contents

#### VINTAGE HOUSING HOLDINGS, LLC
<div align='center'>(A California Limited Liability Company)

Consolidated Statements of Changes in Members' Deficit

For the Years Ended December 31, 2024, 2023 and 2022</div>

|                                 |     | KW-VHH Member, LLC |             |     | Sierra VHH Holdings, LLC |             |     | Total |             |
|:--------------------------------|:----|:-------------------|------------:|:----|:-------------------------|------------:|:----|:------|------------:|
| Balance, December 31, 2021      |     | $                  | -21,467,209 |     | $                        | -26,756,852 |     | $     | -48,224,061 |
| Distributions                   |     |                    |  -7,918,808 |     |                          |  -6,146,657 |     |       | -14,065,465 |
| Net income                      |     |                    |   3,438,314 |     |                          |   2,292,210 |     |       |   5,730,524 |
| Balance, December 31, 2022      |     |                    | -25,947,703 |     |                          | -30,611,299 |     |       | -56,559,002 |
| Distributions                   |     |                    | -44,584,329 |     |                          | -17,471,826 |     |       | -62,056,155 |
| Net income                      |     |                    |  47,567,552 |     |                          |  31,711,702 |     |       |  79,279,254 |
| Balance, December 31, 2023      |     |                    | -22,964,480 |     |                          | -16,371,423 |     |       | -39,335,903 |
| Contributions                   |     |                    |   3,270,000 |     |                          |   5,406,998 |     |       |   8,676,998 |
| Distributions                   |     |                    |  -4,785,862 |     |                          |  -4,030,936 |     |       |  -8,816,798 |
| De