Company: KW
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058797
Chunk: 67

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 67
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 or is reasonably expected to result in a material economic or material reputational harm to the Company.

50/Kennedy Wilson/ Proxy Statement 2025

#### COMPENSATION DISCUSSION AND ANALYSIS
“Good Reason” means the occurrence of any of the following events (and the Company’s failure to cure such event(s) following its receipt of written notice from the executive): (i) the Company instructs the executive to work full-time or substantially full-time at any location that is not acceptable to the executive (other than the Company’s main headquarters or any other Company headquarters within twenty miles of Beverly Hills, California or, with respect to Mr. Pegler's employment agreement only, any offices located in London, United Kingdom, other than temporary travel as necessary to fulfill Executive’s duties and responsibilities under the employment agreement); (ii) the Company materially reduces the executive’s responsibilities, authorities or duties; (iii) a material reduction in the executive’s base salary (other than in connection with an across-the-board reduction in base salaries for all or substantially all similarly-situated executives of the Company) or (iv) the Company materially breaches the terms of the applicable employment agreement.

The table below sets forth estimated payments with respect to Messrs. McMorrow, Enbody, Windisch, Lee and Pegler upon the termination of employment with the Company under various circumstances and upon a change in control, assuming for these purposes that the termination of employment or change in control (as applicable) occurred on December 31, 2024. The amounts in the table assume that the RSUs granted to Messrs. McMorrow, Enbody, Windisch, Lee and Pegler will vest in full and any applicable performance goals will be deemed satisfied at the maximum level on the date of such termination or change in control.

Kennedy Wilson/ Proxy Statement 2025 /51

#### COMPENSATION DISCUSSION AND ANALYSIS
| Name                         
 William J. McMorrow          |     | Involuntary 
 for Cause   
 or Without  
 Good        
 Reason      |   |     | Involuntary 
 Without     
 Cause       
 or for      
 Good        
 Reason(1)   |            |     | Death(2) |            |     | Disability |            |     | CIC Only (No 
 Termination) |            |     | Involuntary   
 Without Cause 
 or for        
 Good Reason   
 In Connection 
 with CIC(1)   |            |   |
|:-----------------------------|:----|:------------|:--