For Immediate Release
October 31, 2018
LIXIL Group Corporation

LIXIL Group Announces Leadership Transition Plan
Mr. Yoichiro Ushioda appointed Representative Executive Officer, Chairman and CEO;Mr. Kinya Seto to remain as President for transition periodTokyo – LIXIL Group Corporation (“LIXIL Group”, TSE code: 5938), a maker of pioneering water and housing
products, today announced that President & CEO Kinya Seto has decided to resign from his position as ofOctober 31, 2018, and Mr. Yoichiro Ushioda has been appointed as LIXIL Group’s Representative ExecutiveOfficer, Chairman and CEO, effective November 1, 2018.
Mr. Hirokazu Yamanashi, who has served as an Independent Outside Director of LIXIL Group Corporation
since June 2016, has been appointed as Representative Executive Officer and COO of LIXIL Group, also
effective November 1. Mr. Kinya Seto will remain as Representative Executive Officer and President until theend of the current fiscal year to support an orderly transition, after which Mr. Yamanashi will also take on
the role of President. Mr. Seto will retain his position as a Director on the Board of LIXIL Group until June2019.
In addition, Mr. Yamanashi has been appointed as Representative Director, CEO and Chairman of the Boardof LIXIL Corporation, with Mr. Kazuhiko Ootsubo appointed as LIXIL Corporation’s Representative Director,President and COO.
During his tenure at LIXIL Group since January 2016, Mr. Seto made significant progress in driving synergies
within the group, including streamlining and delayering the organization to be more productive, delivering
proven results born out of the full integration of the LWT business, which has become a real engine ofgrowth for LIXIL’s future, and introducing promising investments into new strategies such as digitaltechnology.
Membership of key committees was also decided: the Compensation Committee will reduce its members
from five to three. Ms. Main Kohda (Independent Outside Director) will be the new Chairperson of theCommittee, joined by Lady Barbara Judge (Independent Outside Director) and Mr. Yoshinobu Kikuchi(Director) as current members. Mr. Hirokazu Yamanashi and Mr. Keiichiro Ina (Director) will retire from theCommittee. The Nominations Committee will be chaired by Lady Barbara Judge, and Tsutomu Kawaguchi(Independent Outside Director) and Mr. Kikuchi will join as new members of the Committee. Mr. Hiroto
Yoshimura (Independent Outside Director) and Ms. Kohda will continue to serve as members. Mr. Ushiodaand Mr. Yamanashi will retire from the Committee.
Further details regarding new management structure and policy will be the subject of a future
announcement.
-Ends1|P a g eAbout LIXIL
LIXIL makes pioneering water and housing products that solve everyday, real-life challenges, making better homes a reality
for everyone, everywhere. Drawing on our Japanese heritage, we create world-leading technology and innovate to make highquality products that transform homes. But the LIXIL difference is how we do this; through meaningful design, anentrepreneurial spirit, a dedication to improving accessibility for all, and responsible business growth. Our approach comes tolife through industry leading brands, including INAX, GROHE, American Standard, and TOSTEM. Over 70,000 colleagues
operating in more than 150 countries are proud to make products that touch the lives 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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