Market Overview

KB Home Receives Industry-Leading Number of ENERGY STAR® Certified Home Market Leader Awards

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Builder earns prestigious EPA award in every one of its key cities
nationwide

KB Home (NYSE:KBH) is pleased to announce that it has been recognized
by the U.S. Environmental Protection Agency (EPA) with 2018 ENERGY STAR
Certified Homes Market Leader Awards in each of its primary markets
nationwide. The 20 awards that KB Home earned are more than any other
homebuilder, underscoring its leadership in building its homes to ENERGY
STAR energy efficiency standards.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180814005155/en/

KB Home awarded industry-leading number of ENERGY STAR® Certified Home Market Leader Awards. (Graphi ...

KB Home awarded industry-leading number of ENERGY STAR® Certified Home Market Leader Awards. (Graphic: Business Wire)

KB Home built its first ENERGY STAR new home in 2000. The 115,000+
ENERGY STAR homes KB Home has built since that time have collectively
saved its homeowners an estimated $658 million in utility bills and
reduced CO2 emissions by an estimated 4 billion pounds, which
is equivalent to removing 382,000 cars from the road.

"ENERGY STAR is the foundation on which we have built our
industry-leading sustainability program over nearly two decades," said
Jeffrey Mezger, chairman, president and chief executive officer of KB
Home. "We are honored to be recognized once again by EPA for our
commitment to delivering this superior level of energy performance to
our homeowners across the country, which helps them to both save money
on utility bills and protect important natural resources."

While consumers may assume that energy efficiency is a given when buying
a new home, EPA estimates that only 10% of new homes in the U.S. in 2016
and 2017 met ENERGY STAR certification standards. To earn the ENERGY
STAR label, a home must meet rigorous requirements for energy efficiency
set by EPA and undergo third-party testing and verification. The KB
homes built to ENERGY STAR standards are, on average, up to 73% more
efficient than typical existing homes today, offering significant
potential utility savings to KB homeowners.

In recognition of its longstanding partnership with ENERGY STAR and
sustainability leadership in the homebuilding industry, KB Home has also
been recognized by EPA with its highest major national awards, including
the ENERGY STAR Partner of the Year – Sustained Excellence Award in
2018, for the seventh year in a row.

Additional information about KB Home's eDifference sustainability
platform, which encompasses energy- and water-efficient building
practices, indoor air quality, and smart home technology, can be found
at https://www.kbhome.com/sustainability/.

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 seven 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, our industry leadership in sustainability helps to lower
the cost of homeownership for our buyers compared to a typical resale
home. We take a broad approach to sustainability, encompassing energy
efficiency, water conservation, healthier indoor environments, smart
home capabilities and waste reduction. KB Home is the first national
builder to have earned awards under all of the U.S. EPA's homebuilder
programs — ENERGY STAR®, WaterSense® and Indoor airPLUS®. 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.

About ENERGY STAR

ENERGY STAR® is the simple choice for energy efficiency. For 26 years,
people across America have looked to EPA's ENERGY STAR program for
guidance on saving energy, saving money, and protecting the environment.
Behind each blue label is a product, building, or home that is
independently certified to use less energy and cause less air pollution.
Join the millions already making a difference at energystar.gov.

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