Company: KW
Filing Date: 2025-11-07
Form Type: 424B3
Source: 0001408100-25-000180
Chunk: 103

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 424B3
Chunk 103
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17 million of cash to the Company

▪ Originated $2,564.5 million in new construction loans, completed $1,306.8 million in additional fundings on existing loans, and realized $956.7 million in repayments, the Company’s share of which were $64.1 million, $41.0 million and $47.6 million respectively.

Foreign Exchange - Results of Operations

A significant portion of our investments are located outside of the United States and denominated in foreign currencies. In order to reduce the impact of foreign currency exchange rates we hedge some of our exposure. However we typically do not hedge future operations or cash flows and, therefore, changes in foreign currency rates will have an impact on our results of operations. We have included the table below to illustrate the impact these fluctuations have had on our revenues, net income and Adjusted EBITDA by applying the relevant exchange rates for the prior period. Please refer to the Currency Risk - Foreign Currencies section in Item 3 for a discussion of risks relating to foreign currency and our hedging strategy and the "Other Comprehensive Income" section below for a discussion of the balance sheet impact of foreign currency movements on our results of operations.

|                         |     | Nine Months Ended September 30, 2025 |      |     |    |   |     |               |      |     |    |   |     |       |      |     |    |   |
|:------------------------|:----|:-------------------------------------|-----:|:----|---:|:--|:----|:--------------|-----:|:----|---:|:--|:----|:------|-----:|:----|---:|:--|
| (dollars in millions)   |     | Consolidated                         |      |     |    |   |     | Co-Investment |      |     |    |   |     | Total |      |     |    |   |
| Revenues                |     | $                                    |  4.6 |     |  1 | % |     | $             |  0.6 |     |  — | % |     | $     |  5.2 |     |  1 | % |
| Net (loss) income       |     |                                      | -6.0 |     | -9 | % |     |               | 23.3 |     | 34 | % |     |       | 17.3 |