July 18, 2017

KB Home Elects Dorene C. Dominguez to Its Board of Directors

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today announced the election of Dorene C. Dominguez to its board of directors on July 13, 2017. The addition of Ms. Dominguez expands the board to nine members, eight of whom are independent. Ms. Dominguez was also appointed to the board's audit and compliance committee.

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KB Home elects Dorene C. Dominguez to its Board of Directors (Photo: Business Wire)

KB Home elects Dorene C. Dominguez to its Board of Directors (Photo: Business Wire)

"Dorene is a remarkable and respected business, civic and community leader, and we are very pleased to welcome her to our board of directors," said Jeffrey Mezger, chairman, president and chief executive officer. "With her extensive experience in real estate development and construction management, she brings an insightful and diverse perspective to our board. We are confident that Dorene's business and industry expertise will further strengthen our ongoing commitment to enhancing long-term stockholder value."

Ms. Dominguez is the Chairwoman and Chief Executive Officer of the Vanir Group of Companies, Inc. and its subsidiaries, Vanir Construction Management, Inc. and Vanir Development Company, Inc. The firms collectively specialize in all aspects of commercial and institutional real estate development, project delivery, and construction management services. Ms. Dominguez is an active member of various community improvement projects, boards and commissions, including chair of The Dominguez Dream, which serves elementary schools in underserved communities by providing academic enrichment programs in math, science, language arts and engineering. She is a current member of the Latino Studies Board of Notre Dame University, Pride Industries Board of Directors, Coca-Cola Hispanic Advisory Council and Cal Chamber Board. Ms. Dominguez also serves on the board of directors of CIT Group Inc. (NYSE: CIT), and is also a member of the CIT Bank, N.A. board of directors.

About KB Home

KB Home (NYSE: KBH) 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 homebuilder listed on the New York Stock Exchange, 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.

KB Home
Investor Relations
Jill Peters, 310-893-7456
investorrelations@kbhome.com
or
Media
Susan Martin, 310-231-4142
smartin@kbhome.com

Source: KB Home

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