KB Home shareholders elect all 9 directors; say-on-pay passes with 81% support

On April 18, 2024, the board of directors approved Amended and Restated By-Laws of KB Home, effective immediately, revising provisions in Section 2.10 to narrow the range of information required as to certain related parties and certain other persons in connection with providing advance notice of stockholder-nominated director candidates, and in Section 3.14 to clarify, consistent with a legal ruling invalidating prior language that did not expressly state, that Director Emeritus appointments are subject to the consent of the director being appointed.

1. The vote on the nominees for election to the KB Home board of directors was as follows: Director For % Against % Abstentions Broker Non-Votes Jose M. Barra 71,152,875 99.6% 261,417 0.4% 28,663 4,284,674 Arthur R. Collins 67,796,739 94.9% 3,616,773 5.1% 29,443 4,284,674 Dorene C. Dominguez 69,003,990 96.6% 2,410,215 3.4% 28,750 4,284,674 Kevin P. Eltife 68,679,304 96.2% 2,730,849 3.8% 32,802 4,284,674 Dr. Stuart A. Gabriel 71,147,047 99.6% 268,939 0.4% 26,969 4,284,674 Dr. Thomas W. Gilligan 68,019,454 95.2% 3,395,280 4.8% 28,221 4,284,674 Jodeen A. Kozlak 69,652,428 97.5% 1,758,855 2.5% 31,672 4,284,674 Jeffrey T. Mezger 68,616,024 96.5% 2,519,216 3.5% 307,715 4,284,674 James C. Weaver 59,053,860 82.7% 12,360,999 17.3% 28,096 4,284,674

3. The vote to ratify Ernst & Young LLP’s appointment as KB Home’s independent registered public accounting firm for the fiscal year ending November 30, 2024 was as follows: For % Against % Abstentions Broker Non-Votes 73,628,333 97.2% 2,069,848 2.7% 29,448 N/A

2. The non-binding advisory vote to approve named executive officer compensation was as follows: For % Against % Abstentions Broker Non-Votes 57,840,577 81.0% 13,148,062 18.4% 454,316 4,284,674