Company: KW
Filing Date: 2025-03-03
Form Type: 424B3
Source: 0001408100-25-000092
Chunk: 110

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-03-03
Form: 424B3
Chunk 110
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 the acquired properties and intangible assets and assumed liabilities could affect the future revenues and expenses we recognize over the estimated remaining useful life or lease term.

#### Recently Issued Accounting Pronouncements
See Note 2 to the Consolidated Financial Statements.

## Item 7A. Quantitative and Qualitative Disclosures about Market Risk
The information contained in Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” is incorporated by reference into Item 7A.

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## Item 8. Financial Statements and Supplementary Data

### FINANCIAL STATEMENTS

#### Kennedy-Wilson Holdings, Inc.

### Index to Financial Statements
|                                                                                                      |     | Page |
| Kennedy-Wilson Holdings, Inc.:                                                                       |     |      |
| Report of Independent Registered Public Accounting Firm                                              |     |   63 |
| Report of Independent Registered Public Accounting Firm on Internal Control over Financial Reporting |     |   65 |
| Financial Statements                                                                                 |     |      |
| Consolidated Balance Sheets                                                                          |     |   66 |
| Consolidated Statements of Operations                                                                |     |   67 |
| Consolidated Statements of Comprehensive (Loss) Income                                               |     |   68 |
| Consolidated Statements of Equity                                                                    |     |   69 |
| Consolidated Statements of Cash Flows                                                                |     |   70 |
| Notes to Consolidated Financial Statements                                                           |     |   71 |
| Financial Statement Schedules                                                                        |     |      |
| Schedule III—Real Estate Investments and Accumulated Depreciation                                    |     |  109 |
| Schedule IV—Mortgage Loans on Real Estate                                                            |     |  113 |

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Report of Independent Registered Public Accounting Firm</div>

To the Shareholders and Board of Directors

Kennedy-Wilson Holdings, Inc.:

Opinion on the Consolidated Financial Statements

We have audited the accompanying consolidated balance sheets of Kennedy-Wilson Holdings, Inc. and subsidiaries (the Company) as of December 31, 2024 and 2023, the related consolidated statements of operations, comprehensive (loss) income, equity, and cash flows for each of the years in the three-year period ended December 31, 2024, and the related notes and financial statement schedules III and IV (collectively, the consolidated financial statements). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as