Reason for selection of Directors

SHARE

in

Yoichiro Ushioda

Director

Mr. Yoichiro Ushioda has a wealth of experience and knowledge working in the important departments of the Company and has a deep understanding of the businesses and management of LIXIL Group. He is making an effort to strengthen the governance system with the future in mind through, among other things, leading the commencement of the Company's transition into the company with committees (current company with nomination committee, etc.). Based on the foregoing, it is expected that the Company's governance will be pursued further and the Board of Directors' supervisory function will be maintained and strengthened.

Kinya Seto

Director

Mr. Kinya Seto has demonstrated his abilities through his deep involvement in the decision-making in relation to important business execution of the Company with his strong leadership and making use of his extensive experience and wealth of knowledge as a business manager of multiple corporations. As such, it is expected that he will be able to fulfill his responsibilities of explanation to the Board of Directors as a Representative Executive Officer and contribute to the strengthening of the Company's governance system through his involvement as a Director in the decision-making on important management matters.

Yoshizumi Kanamori

Director

Mr. Yoshizumi Kanamori has been involved in the work and management of accounting and finance, etc., and has a wealth of experience and knowledge. He has demonstrated his ability as an Executive Officer and Senior Managing Director in charge of finance and, as a Director, he is making an effort to strengthen the Company's governance system through giving accurate comments from time to time. Based on the foregoing, it is expected that the Board of Directors' supervisory function will be maintained and strengthened through supervision of the Executive Officers' duties.

Yoshinobu Kikuchi

Director

Mr. Yoshinobu Kikuchi has been involved in the work and management of human resources and general affairs etc., for many years, and has a wealth of experience and knowledge. Currently, he gives accurate comments from time to time as a non-executive Director, making an effort to strengthen the Company's governance system. Based on the foregoing, it is expected that the Board of Directors' supervisory function will be maintained and strengthened through supervision of the Executive Officers' duties.

Ryuichi Kawamoto

Director

Mr. Ryuichi Kawamoto has extensive experience and knowledge as a business manager such as serving as the Representative Director of LIXIL Corporation. As he has demonstrated his abilities as an Executive Officer and Vice President in charge of Quality, Technology and Environment (Representative Executive Officer), it is expected that he will contribute to the strengthening of the Company's governance system through his involvement in the decision-making of important management matters as a Director.

Toshimasa Iue

Director

Mr. Toshimasa Iue has extensive experience and knowledge as a business manager such as serving as the Representative Director of a listed company. He is involved in the decision-making on the Company's important businesses such as the overseas business expansion. Currently, he is demonstrating his abilities as a Director, Vice President and Operating Officer of LIXIL Corporation. As such, it is expected that he will be able to contribute to the strengthening of the Company's governance system through his involvement as a Director in the decision-making on important management matters.

Keiichiro Ina

Director

Mr. Keiichiro Ina has been involved in the work and management of IR and public relations etc., for many years and has a wealth of experience and knowledge. Currently, as a non-executive Director, he utilizes his experience, has demonstrated his abilities and is making an effort to strengthen the Company's governance system. Based on the foregoing, it is expected that the Board of Directors' supervisory function will be maintained and strengthened through supervision of the Executive Officers' duties.

Hidehiko Sato

Outside Director

Mr. Sato was appointed on the basis of his wide-ranging knowledge and deep insight of compliance and extensive experience in law enforcement and government. As an outside director, he has been properly fulfilling his role in supervising decision-making on important management matters and business execution. Outside director Hidehiko Sato was also appointed as an independent director of the Company as he does not infringe either of the evaluation standards concerning independence of independent directors and corporate auditors stipulated by the Tokyo Stock Exchange. Management judged there was no risk of a conflict of interest with ordinary shareholders.

Tsutomu Kawaguchi

Outside Director

Mr. Kawaguchi was appointed on the basis of his specialist knowledge and extensive experience in finance and accounting gained as a certified public accountant. As an outside director, he has been properly fulfilling his role in supervising decision-making on important management matters and business execution. Outside director Tsutomu Kawaguchi was also appointed as an independent director of the Company as he does not infringe either of the evaluation standards concerning independence of independent directors and corporate auditors stipulated by the Tokyo Stock Exchange. Management judged there was no risk of a conflict of interest with ordinary shareholders.

Main Kohda

Outside Director

Ms. Kohda was appointed on the basis of her sophisticated knowledge of international finance, deep insight as a successful economic novelist, and her objective perspective. She also has broad experience includes serving as a member of advisory committees of the Ministry of Finance and Ministry of Land, Infrastructure, Transport and Tourism. Outside director Main Kohda was also appointed as an independent director of the Company as she does not infringe either of the evaluation standards concerning independence of independent directors and corporate auditors stipulated by the Tokyo Stock Exchange. Management judged there was no risk of a conflict of interest with ordinary shareholders.

Barbara Judge

Outside Director

Lady Judge was appointed as the outside director due to the management's judgment that she will reflect a global viewpoint to the Board of Directors of the Company based on her extensive experience and insight gained from holding corporate and public positions over many years, and will properly fulfill her role in supervising decision-making on important management matters and business execution of the Company as an outside director. Outside director Barbara Judge was also appointed as an independent director of the Company as she does not infringe either of the evaluation standards concerning independence of independent directors and corporate auditors stipulated by the Tokyo Stock Exchange. Management judged there was no risk of a conflict of interest with ordinary shareholders.

Hirokazu Yamanashi

Outside Director

Mr. Hirokazu Yamanashi has specialized experience and knowledge gained through his business consultancy work and extensive experience and knowledge gained from being in charge of internal affairs and serving as an executive officer in charge of business planning of a listed company. The Company believes that these experiences and knowledge will be reflected in the Board of Directors of the Company and that he will fulfil his role as the Outside Director sufficiently in the decision-making on important management matters of the Company and supervising business execution. Outside director Hirokazu Yamanashi was also appointed as an independent director of the Company as he does not infringe either of the evaluation standards concerning independence of independent directors and corporate auditors stipulated by the Tokyo Stock Exchange. Management judged there was no risk of a conflict of interest with ordinary shareholders.

SHARE

in
PageTop