On February 5, 2018, the board of directors of Kennedy-Wilson Holdings, Inc., upon the recommendation of the company’s Nominating Committee, elected Mr. John Taylor and Ms. Mary Ricks as new directors of the company, effective February 5, 2018. Mr. Taylor will serve as a member of the class of directors whose term will expire at the 2019 annual meeting of stockholders of the Company. Ms. Ricks will serve as a member of the class of directors whose term will expire at the 2020 annual meeting of stockholders of the company. Prior to his retirement in 2011, Mr. Taylor served as the senior audit partner in KPMG LLP’s (“KPMG”) financial services practice based in Los Angeles, CA. Ms. Ricks currently serves as the president and CEO of Kennedy Wilson Europe. Given her role at the company, Ms. Ricks will not be eligible to serve on any committees of the Board.