Company: KW
Filing Date: 2025-11-07
Form Type: 424B3
Source: 0001408100-25-000180
Chunk: 22

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 424B3
Chunk 22
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Dollars in millions) |     | 2025 | Three Months Ended September 30, |     | 2024 |       |     | 2025 | Nine Months Ended September 30, |     | 2024 |       |
|:----------------------|:----|:-----|---------------------------------:|:----|:-----|------:|:----|:-----|--------------------------------:|:----|:-----|------:|
| Funds                 |     | $    |                              0.1 |     | $    |  -9.3 |     | $    |                            -5.4 |     | $    | -34.9 |
| Co-investments        |     |      |                              8.7 |     |      |  -7.1 |     |      |                             4.0 |     |      | -10.2 |
| Total                 |     | $    |                              8.8 |     | $    | -16.4 |     | $    |                            -1.4 |     | $    | -45.1 |

Carried interests compensation is recorded in the same period that the related carried interests are recorded and can be reversed during periods when there is a reversal of carried interests that were previously recorded. As of September 30, 2025 and December 31, 2024, the Company has $7.0 million and $7.1 million, respectively of accrued carried interests compensation recorded to accrued expenses and other liabilities that are subject to future adjustments based on the underlying performance of investments. The Company did not pay any carried interest compensation for any of the periods presented.

<div align='center'>11</div>

#### Kennedy-Wilson Holdings, Inc.

### Notes to Consolidated Financial Statements
<div align='center'>(Unaudited)</div>

FAIR VALUE MEASUREMENTS — Kennedy Wilson accounts for fair value measurements of financial assets and financial liabilities and for fair value measurements of non-financial items that are recorded or disclosed at fair value in the financial statements on a recurring basis under the provisions of ASC Topic 820, Fair Value Measurement . ASC Topic 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When estimating fair value in the absence of an orderly transaction between market participants, valuations of real estate are based on management estimates of the real estate assets using income and market