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KB Home Sets Industry Record By Earning An Unprecedented 25 ENERGY STAR Market Leader Awards

KB Home (NYSE: KBH) today announced that it has received a record 25 ENERGY STAR ® Market Leader Awards in 2021 in recognition of its outstanding commitment to promoting energy-efficient construction.

KB Home (KBH) - Get KB Home Report today announced that it has received a record 25 ENERGY STAR ® Market Leader Awards in 2021 in recognition of its outstanding commitment to promoting energy-efficient construction. According to the U.S. Environmental Protection Agency (EPA), ENERGY STAR certified homes provide homebuyers with significant value through added comfort and increased savings, and contribute to a better, healthier world. KB Home's 25 awards are more than any other homebuilder, underscoring its leadership in building the most energy-efficient homes among national homebuilders.

Each year, the ENERGY STAR Residential New Construction Program presents Market Leader Awards to outstanding partners who have made important contributions to energy-efficient construction and environmental protection by building or verifying a significant number of ENERGY STAR certified homes and apartments or by sponsoring a local program that supported these activities during the previous year.

"KB Home is proud to once again lead the homebuilding industry with a record 25 ENERGY STAR Market Leader Awards," said Jeffrey Mezger, Chairman, President and Chief Executive Officer of KB Home. "As the leader in energy-efficient homebuilding, we were the first national builder to commit to building every home to ENERGY STAR standards. We were confident that this approach would not only lower the total cost of homeownership but also enhance the lives of our homeowners and help support the environment in the process."

"The ENERGY STAR program proudly recognizes the efforts of our outstanding partners who have made important contributions to energy-efficient construction and environmental protection. Our 2021 Market Leader Award winners demonstrate a high level of commitment to making ENERGY STAR certified homes and apartments available to American consumers. EPA proudly recognizes KB Home's efforts as an ENERGY STAR partner," said Jonathan Passe, Chief of the ENERGY STAR Residential Branch at the U.S. EPA.

KB Home is the #1 energy-efficient national homebuilder and has built more ENERGY STAR certified new homes than any other builder, delivering a level of advanced energy efficiency met by fewer than 10% of new homes built in America. The homebuilder goes beyond EPA requirements by ensuring that every ENERGY STAR certified KB home has been tested and verified by a third-party inspector to meet EPA's strict certification standards. ENERGY STAR certified homes are, on average, up to 20% more efficient than homes built to code, help lower the cost of ownership and are designed to be healthier, more comfortable and better for the environment than homes without certification.

KB Home estimates that its sustainably designed homes have cumulatively reduced energy utility bills for its homeowners by $800 million. Additionally, to date, these KB homes have reduced CO 2 emissions by an estimated cumulative 5.6 billion pounds, the equivalent of removing 557,000 cars from the road for one year.

KB Home is the only national builder to have earned awards under all of EPA's homebuilder programs, including ENERGY STAR, WaterSense ®, which establishes water efficiency standards, and Indoor airPLUS, which focuses on indoor air quality. The company's sustainability leadership was recognized by Newsweek ®, with the company being the only homebuilder named to the national publication's prestigious 2021 list of America's Most Responsible Companies.

For more information on KB Home's sustainability initiatives, visit kbhome.com/sustainability.

About KB Home

KB Home is one of the largest and most recognized homebuilders in the United States and has built nearly 650,000 quality homes in our more than 60-year history. Today, KB Home operates in 45 markets from coast to coast. What sets KB Home apart is the exceptional personalization we offer our homebuyers—from those buying their first home to experienced buyers—allowing them to make their home uniquely their own, at a price that fits their budget. As the leader in energy-efficient homebuilding, KB Home was the first builder to make every home it builds ENERGY STAR ® certified, a standard of energy performance achieved by fewer than 10% of new homes in America, and has built more ENERGY STAR certified homes than any other builder. An energy-efficient KB home helps lower the cost of ownership and is designed to be healthier, more comfortable and better for the environment than new homes without certification. We build strong, personal relationships with our customers so they have a real partner in the homebuying process. As a result, we have the distinction of being the #1 customer-ranked national homebuilder in third-party buyer satisfaction surveys. Learn more about how we build homes built on relationships by visiting kbhome.com.

About ENERGY STAR

ENERGY STAR ® is the government-backed symbol for energy efficiency, providing simple, credible and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state and local organizations—including nearly 40% of the Fortune 500 ®—partner with the U.S. Environmental Protection Agency (EPA) to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. Since 1992, ENERGY STAR and its partners have helped American families and businesses save 5 trillion kilowatt-hours of electricity, avoid more than $450 billion in energy costs, and achieve 4 billion metric tons of greenhouse gas reductions. Over the lifetime of the program, every dollar EPA has spent on ENERGY STAR resulted in $350 in energy cost savings for American business and households. In 2019 alone, ENERGY STAR and its partners helped Americans save nearly 500 billion kilowatt-hours of electricity and avoid $39 billion in energy costs.

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