Press release

KB Home’s 12th Annual Sustainability Report Highlights Innovation, Progress and Impact

Sponsored by Businesswire

In its 12th annual Sustainability Report, released today, KB Home
(NYSE:KBH) outlines its accomplishments, challenges, priorities and
vision for the future of homebuilding. In nearly two decades of
sustainable advancement, KB Home has built more than 128,000 ENERGY STAR®
certified homes, 15,000 Water Smart and WaterSense® labeled homes and
7,750 solar-powered homes.

KB Home’s sustainably designed homes are estimated to have cumulatively
reduced utility bills by $730 million for homeowners and reduced CO2
emissions by 4.5 billion pounds (equivalent to removing 420,000 cars
from the road), and annually conserved an estimated 1.4 billion gallons
of water (enough to serve the water needs of nearly 17 million Americans
for a single day), and generated an estimated 45 million kilowatt hours
of renewable solar energy.

In response to fundamental societal shifts that impact how people live,
KB Home is adopting new technologies and innovating new processes to set
the course of homebuilding for tomorrow. Earlier this year, KB Home
unveiled KB ProjeKt®: Where Tomorrow Lives, an
innovation laboratory that tested far-reaching future concepts and
provided an integrated, immersive experience of next-generation
homebuilding sustainability.

“Our lives are changing at the speed of the digital age and through our
innovation initiatives our homes are changing as well,” said Jeff
Mezger, KB Home chairman, president and chief executive officer. “Our
goal is to build homes for a lifetime, so we see sustainability as
balancing as much as possible the aspirations of today’s homebuyers with
the longer-term needs of tomorrow. That mindset underlies our holistic,
integrated and ever-evolving sustainability platform.”

In 2018 alone, KB Home built:

• 11,176 ENERGY STAR® certified homes

• 1,266 Water Smart and WaterSense® labeled homes

• 1,617 solar-powered homes

Balancing the Needs of Today and the Future

KB Home believes that sustainability is built on balance. As a
homebuilder, that means making sure today’s homeowners are able to
create a personalized KB home that fulfills their dreams, while being
mindful of the needs of the next generation. KB Home’s eDifference
Sustainability Platform and long-term strategic goals provide a roadmap
to work toward and measure its sustainability progress in the areas of
energy efficiency, water conservation, healthy homes and smart systems.

Energy Efficiency

In 2018, KB Home achieved its long-term goal of attaining an average
national HERS rating of 55. By leveraging economies of scale and its
position as an industry leader, KB Home has been able to steadily
increase the energy efficiency of its homes and help reduce the total
cost of homeownership while maintaining a focus on attainability for its
core first-time and first move-up homebuyers.

Water Conservation

This past year, KB Home reached 15,000-plus WaterSense and Water Smart
homes, the largest number of water-efficient new homes constructed by a
single builder. In continuing its leadership in building water-efficient
new homes using both existing and emerging technologies, KB Home is
raising awareness of the energy-water nexus with homebuyers and within
the homebuilding industry.

Healthy Home

Focusing on increasing homebuyers’ awareness about existing healthier
products and construction techniques, KB Home introduced KB ProjeKt in
January. KB Home is now looking to expand its offerings of optional and
standard products that contribute to the well-being of a home’s
residents, in addition to saving money and energy use.

Smart Systems

KB Home strengthened its smart systems offerings in 2018 with a
first-in-the-industry partnership with Google®. KB Home has
been an industry leader in demonstrating and implementing home
technologies that can enhance homeowners’ quality of life. The KB Smart
Home System features Google Assistant, leveraging technology
to help make daily living easier, more efficient and more enjoyable by
integrating all devices in the home under one intuitive interface.

“Sustainability is not just the right thing to do, it’s also right for
our business,” said Dan Bridleman, KB Home senior vice president of
sustainability, technology and strategic sourcing. “An energy-efficient
KB home today can reduce energy bills by 45% compared to a standard new
home built just over a decade ago. That can make homeownership more
affordable and distinguishes KB Home from our competition and the resale
home market. Just 10% of new homes built today are ENERGY STAR
certified, but for more than a decade, KB Home has committed to building
100% ENERGY STAR 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 38 markets in eight states, primarily serving
first-time and first move-up homebuyers, as well as second move-up and
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,
calling 888-KB-HOMES, or connecting with us on