Company: KW
Filing Date: 2025-08-08
Form Type: 424B3
Source: 0001408100-25-000150
Chunk: 110

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-08
Form: 424B3
Chunk 110
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 partners could be called upon to contribute additional capital in the event that actual costs exceed budgeted costs. The scope of these projects may also change. The estimated costs and amounts of cash to complete projects reflected in the table below represent management's current expectations and the total costs incurred to date include the land costs of these projects.

The table below describes the market rate development or redevelopment projects that the Company is undergoing or considering, and excludes the affordable and/or age-restricted multifamily units that it is developing in its VHH platform and its residential investments ($ in millions).

| Location          |     | Type        |     | Investment |     | Status             |     | Est. Completion Date(1) |     |            If Completed 
 Est. Stabilization Date |     | MF Units |     |     | KW Est.Total Cost(3) |      |      | Current              
 KW Costs Incurred(3) |    |     | KW Est. Costs to Complete(2) |    |     |
|:------------------|:----|:------------|:----|:-----------|:----|:-------------------|:----|------------------------:|:----|------------------------:|:----|:---------|----:|----:|:---------------------|-----:|-----:|:---------------------|---:|:----|:-----------------------------|---:|:----|
| Mountain West     |     | Multifamily |     | Cloudveil  |     | Under Construction |     |                    2026 |     |                    2026 |     |          |     | 288 |                      |      | 45.8 | $                    | 33 |     | $                            | 13 |     |
| Pacific Northwest |     | Multifamily |     | Bend       |     | In Planning        |     |                     TBD |     |                     TBD |     |          |     | TBD |                      |      |  TBD |                      | 22 |     |                              |    | TBD |
|                   |     | Total       |     |            |     |                    |     |                         |     |                         |     |          | 288 |     | $                    | 45.8 |      | $                    | 55 |     | $                            | 13 |     |

Note: The table above excludes minority-interest development projects and one development project where the scope is still being explored

(1) The actual completion date for projects is subject to several factors, many of which are