Company: KW
Filing Date: 2025-03-03
Form Type: 424B3
Source: 0001408100-25-000092
Chunk: 106

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-03-03
Form: 424B3
Chunk 106
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     |   |   5.3 |     |   |   6.9 |
| Share-based compensation                                                                         |                       |                          |  23.6 |     |   |   34.5 |     |   |  29.0 |     |   |  28.7 |     |   |  32.3 |
| Net income attributable to the noncontrolling interests, before depreciation and amortization(1) |                       |                          |  -4.4 |     |   |  -27.4 |     |   | -13.5 |     |   | -10.5 |     |   |  -2.5 |
| Preferred dividends                                                                              |                       |                          | -43.5 |     |   |  -38.0 |     |   | -28.9 |     |   | -17.2 |     |   | -17.2 |
| Adjusted Net Income (Loss)(2)                                                                    |                       | $                        |  94.3 |     | $ | -151.3 |     | $ | 264.9 |     | $ | 509.0 |     | $ | 306.9 |

(1) (2) See "Non-GAAP Measures and Certain Definitions" for definitions and discussion of Adjusted Net Income .

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#### Net Operating Income
|                                                     |     | Years Ended December 31, 
 2024                     
 Consolidated Portfolio   |        |     | Co-Investment Portfolio |       |     | 2023                   
 Consolidated Portfolio |        |     | Co-Investment Portfolio |        |     | 2022                   
 Consolidated Portfolio |        |     | Co-Investment Portfolio |        |
|:----------------------------------------------------|:----|:-------------------------|-------:|:----|:------------------------|------:|:----|:-----------------------|-------:|:----|:------------------------|-------:|:----|:-----------------------|-------:|:----|:------------------------|-------:|
| Net (loss) income                                   |     | $                        |  -33.7 |     | $                       |   6.5 |     | $                      | -281.4 |     | $                       | -252.8 |     | $                      |  101.9 |     | $                       |  178.4 |
| Less: Provision for (benef