October 11, 2017

KB Home Awarded the WaterSense® Sustained Excellence Award for Water-Efficient Building Practices

A seven-time EPA WaterSense honoree, KB Home receives the Sustained Excellence award for the third consecutive year for its demonstrated commitment to water efficiency

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE:KBH) today announced that, for the seventh year in a row, the U.S. Environmental Protection Agency (EPA) has recognized the national homebuilder's industry-leading efforts to construct water-efficient homes and its contributions to the WaterSense program by awarding it the 2017 WaterSense Sustained Excellence award. The only homebuilder to be recognized in 2017, KB Home has won three consecutive WaterSense Sustained Excellence awards.

"KB Home is proud to have participated in the WaterSense program from the very beginning," said Jeff Mezger, chairman, president and chief executive officer of KB Home. "The recent drought in California thrust water efficiency and the need for water conservation to the forefront of the public's mind. While we strongly believe that building water-efficient homes is the right thing to do from a sustainability standpoint, we are also finding that WaterSense acts as a strong market differentiator for us, making water-efficiency good for the environment and valuable for our homeowners."

The EPA presented the 2017 WaterSense awards last week at the WaterSmart Innovations Conference in Las Vegas to recognize recipients for helping Americans to save water, energy, and money. Jacob Atalla, Vice President of Sustainability for KB Home, was in attendance to accept the award on behalf of KB Home.

"Since 2006, utilities, manufacturers, retailers, builders, communities, states, and other organizations have voluntarily supported the WaterSense program's efforts to protect and preserve our nation's water supply for future generations," said WaterSense Program Manager Veronica Blette. "By saving water together, these award winners and all of our partners help consumers and businesses realize the environmental and economic benefits of water efficiency."

In 2016, KB Home installed nearly 82,000 WaterSense labeled fixtures, which deliver a 20-30% increase in water efficiency as compared to typical fixtures. Cumulatively, KB homes are outfitted with nearly 400,000 WaterSense labeled fixtures, and conserve approximately 1.2 billion gallons of water a year. In addition, water savings also translate into energy savings, as less energy is required to move, treat, and heat water. The inclusion of these water-saving features can result in savings for KB homebuyers on their utility costs as compared to typical existing homes that do not have the same features.

"Today, every KB home we build includes WaterSense labeled fixtures and other water-saving features," said Dan Bridleman, senior vice president of Sustainability, Technology, and Strategic Sourcing for KB Home. "As an industry leader in sustainable homebuilding, we focus our efforts on incorporating innovative features, systems and construction practices into our homes that reduce environmental impact with little or no additional costs. Our participation in the WaterSense program is a perfect illustration of how we advance this priority."

For more information about WaterSense, visit www.epa.gov/watersense, and for more information about KB Home, visit www.kbhome.com.

About KB Home

KB Home (NYSE: KBH) is one of the largest homebuilders in the United States, with nearly 600,000 homes delivered since our founding in 1957. We operate in 36 markets in 7 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, we are an industry leader in sustainability, building innovative and highly energy- and water-efficient homes. 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 WaterSense

WaterSense, a partnership program sponsored by EPA, seeks to protect the future of our nation's water supply by offering consumers and businesses simple ways to use less water with water-efficient products, homes, and services.

KB Home
Susan Martin
310-231-4246
smartin@kbhome.com

Source: KB Home

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