KB Home Publishes Industry-Leading 11th Annual Sustainability Report

Homebuilder celebrates its culture of innovation and sustainability

LOS ANGELES–(BUSINESS WIRE)–$KBH #ENERGYSTAR–KB Home (NYSE: KBH) today celebrates the release of its 11th annual
Sustainability Report, now available for viewing exclusively at www.kbhome.com/sustainability.
KB Home was the first major homebuilder to publish a comprehensive
sustainability report in 2008 and continues its commitment to
documenting the Company’s industry leadership in sustainability and its
strategies for future progress.

“We are very proud to continue to lead the homebuilding industry in
sustainability and to share our achievements in our 11th
annual sustainability report,” said Jeffrey Mezger, chairman, president,
and chief executive officer of KB Home. “Sustainability has become the
foundation of how we operate. In addition to having a meaningful impact
on the environment, the energy- and water-saving features in our homes
are estimated to have cumulatively saved our homeowners more than half a
billion dollars in utility costs, a true differentiator for KB Home that
resonates with our customers.”

The report covers KB Home’s sustainability achievements during 2017 and
highlights certain cumulative results over the past eleven years. As
detailed in the report, through 2017, KB Home has built:

• 115,000+ ENERGY STAR® certified homes
• 13,000+ Water Smart® and WaterSense® labeled new homes
• 6,000+ solar-powered homes, many of which are nearly or are
  net-zero energy homes
• 150+ LEED Platinum® homes

These KB homes are estimated to have collectively:

• Prevented greenhouse gas emissions equivalent to 382,000
  passenger vehicles
• Conserved 1.4 billion gallons of water annually compared to the
  water consumption of typical resale homes and landscaping
• Saved homeowners more than a total of $658 million in utility
  bills compared to utility costs for typical resale homes
• Produced through the installed solar power systems nearly as much
  energy as a 14-megawatt solar power plant and offset the
  production of an estimated 35 million pounds of carbon dioxide
  per year, while saving homeowners more than $4.7 million in
  energy costs every year compared to the costs for typical resale homes

KB Home takes a broad approach to sustainability, encompassing energy
efficiency, water conservation, healthier indoor environments, smart
home capabilities and waste reduction. KB Home is the only national
builder to have won awards under all of the Environmental Protection
Agency’s programs aimed at homebuilders — ENERGY STAR®, WaterSense®,
which establishes water efficiency standards, and Indoor airPLUS®, which
focuses on indoor air quality. Recently, KB Home announced that it
received two prestigious awards: 2018 ENERGY STAR Partner of the Year –
Sustained Excellence Award, and a TecHome Brilliance Award for its KB
ProjeKt® concept home.

Details of KB Home’s sustainability goals, achievements and challenges,
including an initiative to achieve zero landfill waste by the year 2025,
can be found in the 2017 KB Home Sustainability Report, now accessible
at www.kbhome.com/sustainability.
In developing the report, KB Home again followed the Global Reporting
Initiative Guidelines, which provide a widely recognized level of
accountability and transparency, and are considered by many
environmental experts to be the current standard for sustainability
reporting.

For more information on KB Home and its highly efficient new homes,
visit www.kbhome.com
or call 888-KB-HOMES.

About KB Home

KB Home (NYSE: KBH) is one of the largest homebuilders in the United
States, with more than 600,000 homes delivered since our founding in
1957. We operate in 35 markets in 7 states, primarily serving first-time
and first move-up homebuyers, as well as active adults. We are
differentiated in offering customers the ability to personalize what
they value most in their home, from choosing their lot, floor plan, and
exterior, to selecting design and décor choices in our KB Home Studios.
In addition, we are an industry leader in sustainability, building
innovative and highly energy- and water-efficient homes. We invite you
to learn more about KB Home by visiting www.kbhome.com,
calling 888-KB-HOMES, or connecting with us on Facebook.com/KBHome
or Twitter.com/KBHome.

Contacts

KB Home
Susan Martin, 310-231-4142
[email protected]