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KB Home Elects Dorene C. Dominguez to Its Board of Directors

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KB Home (NYSE:KBH) today announced the election of Dorene C. Dominguez
to its board of directors on July 13, 2017. The addition of Ms.
Dominguez expands the board to nine members, eight of whom are
independent. Ms. Dominguez was also appointed to the board's audit and
compliance committee.

This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170718006350/en/

KB Home elects Dorene C. Dominguez to its Board of Directors (Photo: Business Wire)

KB Home elects Dorene C. Dominguez to its Board of Directors (Photo: Business Wire)

"Dorene is a remarkable and respected business, civic and community
leader, and we are very pleased to welcome her to our board of
directors," said Jeffrey Mezger, chairman, president and chief executive
officer. "With her extensive experience in real estate development and
construction management, she brings an insightful and diverse
perspective to our board. We are confident that Dorene's business and
industry expertise will further strengthen our ongoing commitment to
enhancing long-term stockholder value."

Ms. Dominguez is the Chairwoman and Chief Executive Officer of the Vanir
Group of Companies, Inc. and its subsidiaries, Vanir Construction
Management, Inc. and Vanir Development Company, Inc. The firms
collectively specialize in all aspects of commercial and institutional
real estate development, project delivery, and construction management
services. Ms. Dominguez is an active member of various community
improvement projects, boards and commissions, including chair of The
Dominguez Dream, which serves elementary schools in underserved
communities by providing academic enrichment programs in math, science,
language arts and engineering. She is a current member of the Latino
Studies Board of Notre Dame University, Pride Industries Board of
Directors, Coca-Cola Hispanic Advisory Council and Cal Chamber Board.
Ms. Dominguez also serves on the board of directors of CIT Group Inc.
(NYSE:CIT), and is also a member of the CIT Bank, N.A. board of
directors.

About KB Home

KB Home (NYSE:KBH) is one of the largest and most recognized
homebuilders in the United States and an industry leader in
sustainability, building innovative and highly energy- and
water-efficient new homes. Founded in 1957 and the first homebuilder
listed on the New York Stock Exchange, the Company has built nearly
600,000 homes for families from coast to coast. Distinguished by its
personalized homebuilding approach, KB Home lets each buyer choose their
lot location, floor plan, décor choices, design features and other
special touches that matter most to them. To learn more about KB Home,
call 888-KB-HOMES, visit www.kbhome.com
or connect on Facebook.com/KBHome
or Twitter.com/KBHome.

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