Company: KW
Filing Date: 2025-05-09
Form Type: 424B3
Source: 0001408100-25-000117
Chunk: 40

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-09
Form: 424B3
Chunk 40
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, 2024:

<div align='center'>19</div>

#### Kennedy-Wilson Holdings, Inc.

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

| (Dollars in millions)                  | Mortgage Debt by Product Type |                | Region | Carrying amount of     
 mortgage debt as of(1) | March 31, 2025 |     |   | December 31, 2024 |
|:---------------------------------------|:------------------------------|:---------------|:-------|:-----------------------|---------------:|:----|:--|------------------:|
| Multifamily(1)                         |                               | Western U.S.   |        | $                      |        1,664.6 |     | $ |           1,664.9 |
| Commercial(1)                          |                               | United Kingdom |        |                        |          448.3 |     |   |             434.3 |
| Commercial(1)                          |                               | Ireland        |        |                        |          312.0 |     |   |             209.4 |
| Commercial                             |                               | Western U.S.   |        |                        |          209.3 |     |   |             303.1 |
| Mortgage debt (excluding loan fees)(1) |                               |                |        |                        |        2,634.2 |     |   |           2,611.7 |
| Unamortized loan fees                  |                               |                |        |                        |          -13.5 |     |   |             -14.5 |
| Total Mortgage Debt                    |                               |                |        | $                      |        2,620.7 |     | $ |           2,597.2 |

(1) The mortgage debt balances include unamortized debt discount. Debt discount represents the difference between the fair value of debt and the principal value of debt assumed in various acquisitions and are amortized as an increase of interest expense for discounts and a reduction of interest expense for premiums over the remaining term of the related debt in a manner that approximates the effective interest method. The unamortized loan discount as of March 31, 2025 and December 31, 2024 was $1.3 million and $1.4 million, respectively.

The Company's consolidated mortgage debt had a weighted average interest rate of 4.80% per annum as of March 31,