Investor Presentaiton

kb Homebuilding Operating Income Margin* HOME 11 | 6.1% '20 10.4% '21 12.2% '22 6.9% 11.4% '20 '21 Second Quarter 9.6% 12.1% 10.7% '20 '21 '20 20 Third Quarter First Quarter *Excludes inventory-related charges and Q2 2020 severance charges. See Appendix: Reconciliation of Non-GAAP Financial Measures. 12.9% '21 Fourth Quarter © 2022 KB Home

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