Company: KW
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058797
Chunk: 111

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 111
---
 |       |
| Same Property NOI (Net Effective) (Reported)       |                          |                                   |     $ | 339.0 |     |     |     $ | 328.7 |
| Straight-line  rent adjustment (net)               |                          |                                   |  -2.8 |       |     |     |  -6.0 |       |
| Same Property NOI (Excluding Straight-Line Rents)  |                          |                                   |     $ | 336.2 |     |     |     $ | 322.7 |

(1) Represents rental revenue and operating expenses and hotel revenue and operating expenses attributable to non-controlling interests. (2) Represents the Company’s share of unconsolidated investment rental revenues and net operating income, as applicable, which are within the applicable same property population. (3) Represents properties excluded from the same property population that were purchased or sold during the applicable period. (4) Represents properties excluded from the same property population that were not stabilized during the applicable period, or retail or industrial properties. (5) Represents other properties excluded from the same property population that were not classified as a commercial or multifamily property within the Company’s portfolio. Also includes immaterial adjustments for foreign exchange rates, changes in ownership percentages, and certain non-recurring income and expenses. (6) Excludes above/below market rents from the same property population, as they are representative of non-cash purchase price accounting income.

A-4/Kennedy Wilson/ Proxy Statement 2025

#### APPENDIX A
Forward-Looking Statements

Statements made by us in this report and in other reports and statements released by us that are not historical facts constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements include, without limitation, statements regarding ESG matters and regarding our compensation philosophy and our compensation program. These forward-looking statements are necessarily estimates reflecting the judgment of our senior management based on our current estimates, expectations, forecasts and projections and include comments that express our current opinions about trends and factors that may impact future operating results. Disclosures that use words such as “believe,” “anticipate,” “estimate,” “intend,” “may,” “could,” “plan,” “expect,” “project” or the negative of these, as well as similar expressions, are intended to identify forward-looking statements. These statements are not guarantees of future performance, rely on a number of assumptions