Company: KW
Filing Date: 2025-05-09
Form Type: 424B3
Source: 0001408100-25-000117
Chunk: 91

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-09
Form: 424B3
Chunk 91
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          |     | Type        |     | Investment |     | Status             |     | Est. Completion Date(1) |     | Est. Stabilization Date |     | MF Units |     |     | KW Est.Total Cost(4) |      |      | KW Costs Incurred(5) |    |     | KW Est. Costs to Complete(2) |    |     |
| Mountain West     |     | Multifamily |     | Cloudveil  |     | Under Construction |     |                    2025 |     |                    2026 |     |          |     | 288 |                      |      | 45.8 |                      | 26 |     |                              | 20 |     |
| Pacific Northwest |     | Multifamily |     | Bend       |     | In Planning        |     |                     TBD |     |                     TBD |     |          |     | TBD |                      |      |  TBD |                      | 22 |     |                              |    | TBD |
|                   |     | Total       |     |            |     |                    |     |                         |     |                         |     |          | 288 |     | $                    | 45.8 |      | $                    | 48 |     | $                            | 20 |     |

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 not within our control. Accordingly, the projects identified may not be completed when expected, or at all.

(2) Figures shown in this column are an estimate of KW's remaining costs to develop to completion or to complete the entitlement process, as applicable, as of March 31, 2025. Total remaining costs may be financed with third-party cash contributions, proceeds from projected sales, and/or debt financing. These figures are budgeted costs and are subject to change. There is no guarantee that the Company will be able to secure the project-level debt financing that is assumed in the figures above. If the Company is unable to secure such financing, the amount of capital that the Company will have to invest to complete the projects above may significantly increase. KW cost to complete differs from KW share total capitalization as the latter includes costs that have already been incurred to date while the former relates to future estimated costs.

(3) Estimated foreign exchange rates are €1.00 = $1.08 USD, and