For Immediate Release
October 17, 2019
LIXIL Group Corporation

LIXIL Appoints Nik Bafana as Synergy Creation Officerand Chief Integration Officer
Role to accelerate technology transfer from Japan and build key product growth platforms overseas
Tokyo – LIXIL Group Corporation (“LIXIL Group”, TSE Code: 5938), maker of pioneering water andhousing products, announced today that Nik Bafana has been appointed Synergy Creation Officer andChief Integration Officer, effective October 28. He succeeds Yang Chin Chen, who was appointed CEO of
LIXIL Water Technology Asia Pacific in July 2019.
In his new role, Bafana will lead the Synergy Creation Office, which promotes the creation of synergies
across LIXIL Group’s geographic regions, to accelerate the transfer of technology from Japan into
overseas markets. In addition, Bafana will lead New Category Business Development for LIXIL
International, established in June 2019, developing the business strategies, business models, and key
product platforms for important new growth categories such as shower toilets, prefabricated bathrooms
and filtration for the global market. He will also work directly with the Group CEO and businessleadership teams to build strategic relationships between LIXIL Group and overseas companies.
“Nik’s expertise will enable LIXIL Group to build on one of our greatest strengths: our ability to roll out
the advanced technology and high-end products we have developed in Japan and integrate them acrossoverseas markets via our portfolio of global brands. This is an opportunity unique to LIXIL Group and willbe crucial to achieving our goal of becoming the world’s leading bathroom solutions provider,” said LIXILGroup CEO, Kinya Seto.
“LIXIL Group has a tremendous opportunity to leverage synergies across its global business to accelerategrowth. Through the transfer of technologies into global markets and by establishing more focused
product platforms that work to the advantage of all of regions, we will be able to drive the businessforward. I look forward to working with my colleagues to unlock the true potential of LIXIL Group in theglobal market,” said Bafana.
Bafana brings with him two decades of experience in driving cross-regional strategies, M&A integration,and operational improvements. Since starting his career at The Boston Consulting Group, he has servedin a series of management roles, including at W.W. Grainger, Inc.
In the fiscal year ended March 2019, approximately 30% of total revenue was generated by overseasbusinesses. The majority of overseas sales growth resulted from products developed through synergies
within LIXIL Group and new business areas.
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LIXIL makes pioneering water and housing products that solve everyday, real-life challenges, making better homes areality for everyone, everywhere. Drawing on our Japanese heritage, we create world-leading technology and innovate tomake high quality products that transform homes. But the LIXIL difference is how we do this; through meaningful design,an entrepreneurial spirit, a dedication to improving accessibility for all, and responsible business growth. Our approachcomes to life through industry leading brands, including INAX, GROHE, American Standard, and TOSTEM. With
approximately 75,000 colleagues operating in more than 150 countries, we are proud to make products that touch thelives of more than a billion people every day.
LIXIL Group Corporation (TSE Code: 5938) is the listed holding company for LIXIL’s portfolio of businesses.

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