Company: KW
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058797
Chunk: 50

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 50
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 be forfeited to the extent that the threshold performance level is not achieved. Any shares issued pursuant to vested, earned awards will be subject to an additional post-vesting holding period through the third anniversary of the applicable vesting date. Key Terms of the ROIA-Based Performance Restricted Stock Unit Award Under the terms of the 2024 RSU awards granted to our NEOs, the ROIA RSUs are scheduled to vest one-third (1/3) at the conclusion of each of the fiscal years ending December 31st of 2024, 2025 and 2026 if our ROIA equals or exceeds the hurdles set forth below for such fiscal year, subject to the NEO’s continued employment through the vesting date (except as otherwise described below).

| Performance Level | ROIA Annual Hurdle |     | Vesting Percentage |
| Maximum           | 5.6%               |     | 100%               |
| Target            | 5.2%               |     | 50%                |
| Threshold         | 4.8%               |     | 25%                |

To the extent that the Company does not achieve certain absolute TSR performance hurdles, the maximum payout that can be achieved shall be reduced from 100% to 75%. The minimum absolute TSR performance hurdles of 7% from the grant date through December 31, 2024, 14.0% through December 31, 2025 and 21.0% through December 31, 2026. This feature is significantly more challenging than market practices and governance standards which typically reduce payouts only if absolute TSR is negative as compared to KW’s rigorous 20% return requirement .

Kennedy Wilson/ Proxy Statement 2025 /39

#### EXECUTIVE COMPENSATION
Payouts at performance levels in between the hurdles will be calculated by straight-line interpolation. Any portion of the award eligible to vest at the conclusion of any fiscal year that is not earned at the end of such year will be forfeited to the extent that the threshold performance level is not achieved. Any shares issued pursuant to vested, earned awards will be subject to an additional post-vesting holding period through the third anniversary of the applicable vesting date.

As reflected in the payout percentages specified in the tables above for the TSR and ROIA RSUs, we intend for the TSR and ROIA RSUs to vest at maximum level only if we significantly outperform our target goals and deliver positive absolute TSR performance.

Achievement of ROE Performance,