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KBR Charity Golf Tournament Raises Over $520K for Local and National Charities

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HOUSTON Ð (October 25, 2018) Ð KBR, Inc. (NYSE: KBR) announced today that it raised over $520,000 for five charities at the twelfth annual charity golf tournament. Since 2007 the tournament has raised over $5 million for more than 50 local and national nonprofit organizations that align with KBR's charitable focus areas of safety, education and health.

This year's tournament benefited a diverse array of organizations that are making a real impact: from keeping the community safe and fostering education to supporting veterans and working to end childhood cancer:

  • St. Jude Children's Research Hospital
  • Houston Fire Department
  • Buffalo Bayou Partnership
  • Impact a Hero
  • Houston Texans Foundation

"Each of these organizations serve causes that are near and dear to KBR and to our employees," said Stuart Bradie, KBR President and CEO. "We are extremely proud to support them and their missions through our annual golf tournament. I would like to offer my deep appreciation to all of the sponsors and volunteers who made this event possible."

"We are so honored to be chosen as one of the 5 charities to benefit from the generosity of KBR," said Mike Nasche, Executive Director of Impact a Hero. Ê"Impact a Hero will be able to continue making a difference in the lives of Veterans because of the wonderful benevolence of KBR's charity golf tournament. I hope all those who have supported this tournament understand their contributions are making a massive difference, and the results will be measured in lives changed."

The 12th annual tournament was held on Thursday October 18, 2018 at Kingwood Country Club.Ê Former NFL player, Chester Pitts from the Houston Texans emceed the event for the second time. "This tournament is one of the best events of the year and it raises money for some truly important causes," said Pitts. "That's why I keep coming back to be a part of it."

You can find more information about the tournament by visiting charitygolf.kbr.com searching #KBRcharitygolf on Twitter and Instagram.

Visit our Facebook page for images from the KBR Charity Golf Tournament.

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Services and Hydrocarbons sectors. KBR employs approximately 34,000 people worldwide (including our joint ventures), with customers in more than 75 countries, and operations in 40 countries, across three synergistic global businesses:

  • Government Services, serving government customers globally, including capabilities that cover the full lifecycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
  • Technology, including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and natural gas liquids) in ethylene and petrochemicals; ammonia, nitric acid and fertilizers; oil refining and gasification
  • Hydrocarbons Services, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU); program management and consulting services

KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

For further information, please contact:Investors

Alison Vasquez
Vice President, Investor Relations
713-753-5082
Investors@kbr.com

Media
Brenna Hapes
External Global Communications
713-753-3800
Mediarelations@kbr.com

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