KB Home Honored by EPA With Two Distinguished 2016 ENERGY STAR® Partner of the Year Awards

KB Home celebrates its sixth consecutive Sustained Excellence
accolade and third consecutive Climate Communicator award, continuing
the longest run of such EPA recognition garnered by any major homebuilder

WASHINGTON–(BUSINESS WIRE)–$KBH #ENERGYSTAR–The U.S. Environmental Protection Agency (EPA) has recognized KB Home
(NYSE: KBH) with its sixth consecutive ENERGY STAR Partner of the Year –
Sustained Excellence Award in 2016 for its ongoing leadership in
protecting the environment through superior energy efficiency
achievements. Additionally, EPA has recognized KB Home for the third
year in a row with an ENERGY STAR Climate Communicator Award for its
outstanding efforts to elevate the issue of climate change.

KB Home’s accomplishments will be recognized by the agency in
Washington, D.C. on April 13, 2016. KB Home, an industry leader and
ENERGY STAR partner since 2000, will be honored for its long-term
commitment to energy efficiency. The nearly 96,000 ENERGY STAR certified
KB homes built to date are estimated to save as much as $29 million on
utility bills while preventing greenhouse gas emissions equivalent to
those from 34,000 passenger vehicles each year.

KB Home is the only production homebuilder to earn ENERGY STAR’s Partner
of the Year – Sustained Excellence award for six years in a row, and is
also the first and only homebuilder to receive ENERGY STAR’s Climate
Communicator award for three consecutive years.

“It is an honor to be recognized with these prestigious ENERGY STAR
awards for building highly energy-efficient homes and for our
initiatives to educate consumers about the positive impact energy
efficiency can have on the environment,” said Jeffrey Mezger, president
and chief executive officer of KB Home. “Building homes to a high level
of energy efficiency delivers measurable value to our buyers and can
help lower their total cost of homeownership substantially compared to a
typical resale home.”

Since its inception in 1992, ENERGY STAR and its partners have helped
prevent a total of more than 2.4 billion metric tons of greenhouse gas
emissions. In 2014 alone, ENERGY STAR and its partners provided more
than $11 billion in societal benefits due to reducing damages from
climate change.

“By continued collaboration with ENERGY STAR, KB Home is helping
Americans save money, save energy, and do their part to reduce our
nation’s greenhouse gas emissions that exacerbate climate change,” said
EPA Administrator Gina McCarthy. “I’m proud to recognize KB Home with
the highest form of ENERGY STAR recognition, as the winner of the 2016
Partner of the Year – Sustained Excellence Award. KB Home demonstrates a
strong commitment to energy efficiency and to preserving a healthy
planet for future generations.”

The 2016 Sustained Excellence Awards are given to a variety of
organizations to recognize their contributions to reducing harmful
carbon pollution through superior energy efficiency efforts. These
awards recognize ongoing leadership across the ENERGY STAR program,
including energy-efficient products, services, new homes, and buildings
in the commercial, industrial, and public sectors.

For a complete list of 2016 winners and more information about ENERGY
STAR’s awards program, visit www.energystar.gov/awardwinners.

About KB Home

KB Home 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 NYSE-listed homebuilder (ticker symbol: KBH), 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.

About ENERGY STAR

ENERGY STAR® is the simple choice for energy efficiency. For more than
20 years, people across America have looked to EPA’s ENERGY STAR program
for guidance on how to save energy, save money, and protect the
environment. Behind each blue label is a product, building, or home that
is independently certified to use less energy and cause fewer of the
emissions that contribute to climate change. Today, ENERGY STAR is the
most widely recognized symbol for energy efficiency in the world,
helping families and businesses save $362 billion on utility bills,
while reducing greenhouse gas emissions by more than 2.4 billion metric
tons since 1992. Join the millions who are already making a difference
at energystar.gov.

Contacts

KB Home
Carly Kraft, 310-231-4142
ckraft@kbhome.com