On April 18, 2019, LIXIL Corporation stated that Directors, Yoichiro Ushioda and Director Koichi Yamanashi have announced their respective resignations. The following are the reasons: Yoichiro Ushioda announced today that the Company will separately announce the revision of the full-year earnings forecast due to the recording of losses in foreign subsidiaries and the recording of extraordinary losses in the national subsidiaries. For his part, Hirokazu Yamanashi, has been an independent outside director of the Company since June 2016 and has been overseeing the management of the Company.

Because he was responsible, he had been considering going into execution without combining supervisory and execution positions, and because it is necessary to give maximum consideration to stability he will retire after fulfilling his responsibilities as director. The extraordinary general meeting of shareholders for the purpose of dismissal of both directors, announced by the Company the "Notice on Request for Call of Extraordinary General Meeting of Shareholders by Shareholders" dated March 22, 2019, of both parties. The Nominations Committee of the Company is considering the selection of candidates for the director election proposal, but in view of the resignations of Yoichiro Ushioda and Hirokazu Yamanashi, it the policy not to include them as director candidates in this appointment proposal.