Copyright © LIXIL Group Corporation. All rights reserved.

Goldman Sachs Industrials Conference 2017

Sachio Matsumoto

Executive Officer and Executive Vice President Chief Financial Officer

November 14, 2017

LIXIL Group Corporation

2

Who is LIXIL?

LIVING × LIFE

3

LIXIL Offers Comprehensive Products for Houses

Housing Sashes

Entrance Doors

Exteriors(Carport, Fence, Gate)

Washstand Cabinet Units Sanitary Ware Roofing Materials

Interior Furnishing Materials Exterior Wall Materials, Tiles

Exteriors (Wood deck)

Shower-heads, Plumbing Fixtures

Unit Bathrooms

Kitchen Systems

4

0.0

200.0

400.0

600.0

800.0

1,000.0

1,200.0

1,400.0

1,600.0

1,800.0

2,000.0

FYE2010 FYE2011 FYE2012 FYE2013 FYE2014 FYE2015 FYE2016

(IFRS)

FYE2017(1)

(IFRS)

Japan

Overseas

JPYbn

Revenue Trend of the LIXIL Group

Sales ratio (outside of Japan): 3%

Sales ratio (outside of Japan): 30%

Acquisition of American Standard

Asia Pacific

(in 2009)

Acquisition of Permasteelisa(in 2011)⇒Plan to divest in 2017 based on share-transfer agreement

Acquisition of American Standard

Brands

North America(in 2013)

Initial Acquisition of GROHE (in 2014)⇒Full consolidation(in 2015)

JGAAPJGAAP IFRSIFRS

(1) Announced in May 2017

5

LIXIL Group Revenue and Core Earnings by BusinessRevenue growth and profitable growth are driven mainly by Water(LWT) and Housing(LHT) Technology

662.4

544.1

263.6

114.7

172.0

64.4

0.0

100.0

200.0

300.0

400.0

500.0

600.0

700.0

LIXIL Water

Technology

LIXIL

Housing

Technology

LIXIL

Building

Technology

LIXIL

Kitchen

Technology

Distribution

and Retail

Business

Housing

and

Services

Business

JPYbn

1,786.4bnYoY -5.5% (Like-for-Like: -0.1% (1))

(+4%)

(-2%)

(-10%)

(+2%)

(+2%)

(+1%)

54.9

38.0

-5.6 1.8 7.2

3.8

65.1

39.2

3.8 4.3 7.3 4.4

10%

7%

1%

4% 4%

7%

-2%

0%

2%

4%

6%

8%

10%

12%

-10.0

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

LIXIL Water

Technology

LIXIL Housing

Technology

LIXIL Building

Technology

LIXIL Kitchen

Technology

Distribution

and Retail

Business

Housing and

Services

Business

88.3bnYoY +26.0%

Core earnings(2)

JPYbnMargin (%)

*Line graph shows core earnings margin for FYE2017

FYE2016 FYE2017

(1) Like-for-Like basis excluding impacts of divestment(2) Equivalent to “Operating Profit” of JGAAP(3) Announced in May, 2017

Revenue

LWT LHT

6

SanitaryWare

FaucetUnit

BathroomsKitchen Systems

Washstand Cabinet Units

40%10%

globally30% 26%35%

Category

Market Share in Japan/globally(1)

MarketPosition(1)

No.1 in Japan

No.1 globally

No.1 in Japan

No.1 in Japan

No.2 in Japan No.1 in North

America

(1) LIXIL Group Estimates

LWT : LIXIL is the Global Market Leader in the Sanitary Industry (1)

7

LWT : LIXIL is the Global Market Leader in the Sanitary Industry (2) -Acquisition of Global Brands-

Brand

BusinessAreas

Global (Headquarters: Germany) North America / Asia

Products/ Share

Faucet / No.1 globally(High-end, Luxury)

Sanitary Ware/ No.1 in North America(Luxury, Mass)

Business Segment

Sanitary Ware,Unit Bathroom

FaucetShower head

Faucet

8

LWT : LIXIL is the Global Market Leader in the Sanitary Industry (3)

6

5

4

3

2

1

0

DECA

FOCUSBATHROOM EQUIPMENT(ceramics, tubs, shower enclosures)

FOCUSSANITARY FITTINGS(faucets & showerheads)

FOCUSSANITARY TECHNOLOGY

(installation- & flushing-systems, piping)

DURAVITBehind the wallIn front of the wall

VILLEROY & BOCH Bath & Wellness

LIXIL WATER TECHNOLOGY

Fortune Brands (MOEN)

TOTO Sanitary Ware(2)

KOHLER Kitchen & Bath(3)

ROCA

GEBERIT & SANITECMASCO Plumbing Products (DELTA, HANSGROHE)

Sales in USDbn

Global sanitary sales(1)

(1) As of 2015(2) Share of sanitary ware portfolio estimated at 70%(3) Estimate, privately held company

9

LHT : LIXIL is the Market Leader in the Housing Material Industry

Category

Market Share in Japan(1)

MarketPosition(1)

HousingSashes

ExteriorsEntrance Door

BuildingSashes

InteriorFabric

(Curtains etc））））

50% 55% 55% 40% 10%

No.1 in Japan

WoodenFurnishingMaterials

15%

(1) LIXIL Group Estimates

No.1 in Japan

No.1 in Japan

No.1 in Japan

No.1 in Japan

No.3 in Japan

10

Key Management

1982: Began his career with Fuji Xerox Co., Ltd.

1994: Served as Manager,, Xerox Global Headquarters, Stamford, CT

2000: Served as CFO, Fuji Xerox Asia Pacific, Singapore

2010: Served as Corporate Vice President and Head of Finance and Treasury at Fuji Xerox Co., Ltd

2013: Joined LIXIL Group Corporation and served as Executive Officer and Senior Managing Director

2015: Assumed current role of Executive Officer and Executive Vice President, CFO of LIXIL Group Corporation

*He holds 35,000 shares of the Company.

1983: Began his career with Sumitomo Corporation, a major Japanese trading company

<After that, he established more than 10 companies in Japan and outside of Japan, including MonotaRO Co., Ltd., a direct marketer of maintenance, repair and operating supplies>

2012: Served as Representative Director and President at Granger Asia Pacific, and also as Vice President at W.W. Granger, Inc.

January 2016: Joined LIXIL Group Corporation and served as Representative Executive Officer and Chief Operating Officer

June 2016: Assumed current role of Director, Representative Executive Officer, President & Chief Executive Officer of LIXIL Group Corporation

*He holds 99,000 shares of the Company.

Sachio Matsumoto

Executive Officer and Executive Vice President, Finance, Treasury, and M&A and Chief Financial Officer, LIXIL Group Corporation

Kinya Seto

Director, Representative Executive Officer, President & Chief Executive Officer, LIXIL Group Corporation

Medium-Term Business Plan(FYE2019-FYE2021)

12

MTP – Redefining LIXIL to Achieve Long-Term, Sustainable Growth

With an industry leading-global footprint, we are now positioned to drive further efficiency, synergies, and innovation to achieve sustainable competitiveness

Simplify & Improve Balance Sheet

Strengthen Profitability

Drive Revenue Growth

I ⅡⅡⅡⅡ ⅢⅢⅢⅢFYE2017-FYE2018(Establish Growth Foundation)

FYE2019-FYE2021(Structural Reform for

Growth)

FYE2022-(Growth)

13

MAR 16 MAR 17 MAR 18 (Fcst) MAR 21 (MTP) MAR 16 MAR 17 MAR 18 (Fcst) MAR 21 (MTP)

MAR 16 MAR 17 MAR 18 (Fcst) MAR 21 (MTP)MAR 16 MAR 17 MAR 18 (Fcst) MAR 21 (MTP)

Phase II- Place top priority on Strengthening Profitability

MAR 16 MAR 17 MAR 18 (Fcst) MAR 21 (MTP)

Net debt/EBITDA

ROE

(%)

15

10

5

0

-5

+10%~

-4.6%

7.5%

3.7%

4.9%

Revenues(tn)

2.0

1.9

1.8

1.7

1.6

1.74tn

1.89tn

1.79tn

Ratio of equity attributable to owners of the parent*1

35%

25%27%

(x)

5

4

3

2

1

5.3x

<2.5x

4.3x

*1 Equivalent to equity ratio in JGAAP*2 Based on the assumption that the tax hike will be introduced in October 2019, and no conversion of convertible notes issued in 2015

(%)

8

7

6

5

4

3

5.5% +7.9% +7.3%

1.68tn

3.4x 31%

40

35

30

25

20

Core Earnings Ratio

Currency: yen

(%)

14

MTP BM*2MTP BM*2 MTP*1CAGR %FYE2018(Forecasts) *3FYE2018(Forecasts) *3 FYE2021FYE2021

JPY: billionRevenueRevenue CECE %% RevenueRevenue CECE %% Revenue CECE

LIXIL Water Technology (LWT)

LIXIL Kitchen Technology (LKT)

LIXIL Housing Technology (LHT)

LIXIL Building Technology (LBT)

Distribution & Retail (D&R)

Housing & Services (H&S)

Water

703.0 67.0 10

115.0 5.0 4

818.0818.0 72.072.0 99

537.0 41.5 8

109.0 4.0 4

646.0646.0 45.545.5 77Housing & Building

Retail/Housing & Services

HQ, Conso. adj., Others

Total

183.0 9.0 5

57.0 3.5 6

240.0240.0 12.512.5 55

-24.0 -37.0 -

1,680.01,680.0 93.093.0 5.55.5

940.0940.0 107.0107.0 11

660.0660.0 51.051.0 88

277.0277.0 14.014.0 55

-37.0 -37.0 -

1,740.01,740.0 130.0130.0 7.57.5

4.74.7 +3+3

0.70.7 +1+1

4.94.9 00

1.2%1.2% +2.0+2.0

Change

pt

Raise core earnings ratio to 7.5% in FYE 2021

Foreign currency risk*4 - - - -100.0 -5.0 -

*1 Currency assumption for FYE2019-FYE2021: 1USD=115JPY, 1EUR=120JPY (EUR/USD=1.04x)

*2 BM: Benchmark

Water, Housing & Building are Key Drivers of Future Growth

*3 Some of the breakdown amount was corrected from the announcement on May 8, 2017. The forecast of total revenue and CE are not changed from the forecast announced on August 21.

*4 Risks on FX (Change of FX rate from plan rate) are incorporated in a section named “Foreign currency risk”

830.0 100.0 12

110.0 7.0 6

560.0 46.0 8

100.0 5.0 5

208.0 9.5 5

69.0 4.5 7

15

Market Assumptions in the New MTP Developing, LIXIL grows more than market growth

New MTP (2018/4-2021/3)

• Europe: CAGR +1.9%• United States: CAGR +2.47%• Asia: CAGR +6.0%

• New housing starts: 2.6 million (accumulated for 3 years)• Renovation: CAGR +1.4%• Non-residential: CAGR -2.6%

• USD1=JPY115, EUR1=JPY120(EUR/USD=1.04x)

• Current commodity price (for both fuel and metals)

• October 2019

Global Building Materials Market

Japan Housing Demand

Foreign Exchange

Raw Materials Price

New Consumption Tax(Tax hike)

16

Key Drivers to Achieve the Target of the Medium-Term Strategic Business Plan

Key DriversBusiness Segment

LIXIL Water Technology (LWT)

LIXIL Kitchen Technology (LKT)

LIXIL Housing Technology (LHT)

LIXIL Building Technology (LBT)

HQ and GA expenses - Reducing headquarters’ indirect costs by 7% per annual

- Shit to upper-mid products and synergies with LWT/LHT

- Improve operational efficiency in a tapering market- standardize platform, reduce SKUs

- Improve profitability by selective order intake

- Improve margin by - Shift to Mid- High, Value Added product mix, - Leveraging synergies within the group (e.g. technology transfer, platform standardization, cross-selling, leveraging brands and design power)

How We Will Achieve Our MTP Targets

18

Sustainable Growth Will Be Achieved By Leveraging and Further Developing Our Unique, Competitive Advantages

ESTABLISH A PURPOSE-DRIVEN ENTREPRENEURIAL COMPANY FOR SUSTAINABLE GROWTH

DEVELOP ATTRACTIVE AND DIFFERENTIATED PRODUCTS

ACHIEVE COMPETITIVE COSTING

STRATEGIC MARKETING TO DRIVE GROWTH

1

2

3

4

19

ESTABLISH A PURPOSE-DRIVEN ENTREPRENEURIAL COMPANY FOR SUSTAINABLE GROWTH

1

Become a Company We Can Be Proud of, Evoking Respect and Passion

Key Behaviors Will Be a Source of Competitiveness

Consistently Redefine the Business Domain

20

DEVELOPING ATTRACTIVE AND DIFFERENTIATED PRODUCTS2

Innovation1

Branding2

Design3

Quality4

Accelerate development, production and sales5

21

The Idea… …our Product… …and its Potential

� Lack of water security solutions in the market

• 54% of consumers in Germany experienced water damage; 67% would like to purchase a water security system and only 3% own one

• Lack of products combining detection and protection via shut-off

� Leverage GROHE brand credibility in water management solutions to enter Smart Home

� Expand GROHE offer to intelligent, value-adding services for B2B and B2C

� Build GROHE Ondus app platform to become ‘the Google of Water’

� Leverage GROHE’s installer base to scale Sense Guard

� Contribute to water saving

� Monetize collected data

� Exploit Ondus App and cloud as modern infrastructure to further develop other GROHE products

GROHE Sense

Smart water sensor to detect leaked water

GROHE Sense Guard

Smart water controller that detects burst pipes and automatically shuts off the water supply

GROHE Ondus App

Smart App for complete water control

CASE STUDY: DIGITAL ENABLES GREATER PRODUCT DEVELOPMENT2

22

TRANSFORM TO AN ASSET-LIGHT MODEL2

CURRENTASSET-RICH MODEL

� Mass production of limited items is only appropriate for fast-growing markets

� Differentiate with production capacity and logistics/sales network

� Risk of prioritizing products we can make, rather than what end users want/need (manufacturer’s convenience)

� Allocate more managerial resources to design, development, and planning

� Differentiate by leveraging design capability, strong IP, and brand power

� Launch attractive products and deliver faster to the market

� Achieve high profitability

� Started trialing this approach across various locations, e.g. US and Japan

Build a structure that supports the launch of differentiated products in a shorter cycle

ASSET-LIGHT MODEL

23

ACHIEVE COMPETITIVE COSTING3

Qualitative Supply Chain Improvement1

Indirect Department Cost Reduction2

Reduction of Development Cost3

24

STRATEGIC MARKETING TO DRIVE GROWTH4

1 Influencers

2 End users3 Manufacturer’s Mindset

PHASE III: DRIVE REVENUE GROWTH(FYE2022-)

26

Phase III – Beyond MTP:

Next Stage to Deliver Sustainable Revenue Growth

�Housing and water technology is an industry that demonstrates significant growth opportunities, in line with the growing global middle class population

� It is also an industry where it remains important to own the assets rather than being shared services

� If we are able to deliver differentiated products and services, we can expect revenue growth

AppendixLatest Earnings Results H1 FYE2018.3 and Additional Information

28

LIXIL Group H1 Key Performance Highlights

Revenue up 1.7% YoY to JPY809.9bn(1)

� Driven by organic growth despite impact from divestment and deconsolidation

� LWT overall shows strong performance following Q1. Revenue especially in Japan shows favorable growth both

for new housing and renovation

Core earnings decreased 4.5% YoY to JPY40.7bn(1)

� Due to increase in IT-related costs in Japan and increase in marketing and advertising expenses

� Marketing activities supported continued strong sales of LWT Japan and LKT Japan

Profit for the quarter attributable to owners of the parent was JPY 12.8bn (-JPY11.3bn YoY)

� Due to absence of one-off positive impact from foreign-currency denominated debt conversion recognized in

last year (-JPY11.0bn) and loss for the quarter from discontinued operations

(after tax: -JPY11.0bn)(2) based on a decision making of transfer of shares of Permasteelisa S.p.A

� Decrease in interest expense due to debt repayment (+JPY3.0bn)

� Impact of IPO of LIXIL VIVA in April 2017 leading to decrease of attributable profits (-JPY1.7bn)

(1) Continuing operations basis

(2) Amount of loss after tax recognized by measurement of the assets and liabilities of Permasteelisa S.p.A. and its subsidiaries at fair value and profit/loss from

operations after tax

Results in line with H1 forecasts

29

(A) (B) (B)-(A) (C) (B)-(C)

JPYbn H1FYE2017

H1FYE2018 YoY H1

FYE2018 vs. forecasts

After retroactive

restatementResults

Amount%

Forecasts(Announced on

Aug 21)Amount

Forex (B)-(A)

Revenue 796.3 809.9 9.6 13.6 1.7% 810.0 -0.1

Gross Profit 268.6 276.8 3.3 8.2 3.0% - -

(%) 33.7% 34.2% - +0.4P - - -

Core Earnings (1)42.6 40.7 0.7 -1.9 -4.5% 40.0 0.7

(%) 5.3% 5.0% - -0.3P - 5% 0.1 Net Profit including Discontinued Operations(2) 24.1 12.8 - -11.3 -46.8% 12.0 0.8

EPS (Yen) 84 45 - -40 -47.0% 42 3

EBITDA(3)

70.4 71.0 - 0.5 0.8% - -

(%)8.8% 8.8% - -0.1P - - -

H1 Consolidated Business Results

(1) Equivalent to "Operating profit" of JGAAP

(2) Profit for the quarter attributable to owners of the parent

(3) EBITDA: Core earnings+Depreciation (Excluding discontinued operations)

(4) Transferred to profit/loss for the quarter from discontinued operations (due to

the decision of share-transfer of Permasteelisa S.p.A.)

Co

nti

nu

ing

Op

era

tio

ns

Incl

ud

ing

Dis

con

tin

ue

d

Op

era

tio

ns

� Gross Profit Margin 33.7％→34.2％ (+0.4pt )

・ Focus on further development and sales of mid to high-end products

・ Improvement in production efficiencies and leveraging synergies

� EBITDA margin decreased 0.1pt, impacted by SG&A increase due to marketing expense and logistic fee. LWT Japan performed well

with +JPY0.5bn increase in EBITDA YoY

Results in line with H1 forecasts

Co

nti

nu

ing

Op

era

tio

ns

30

870.4

796.3

809.9 810.0

74.1

14.6 9.6

18.6

750

770

790

810

830

850

870

LIXIL Group H1 HighlightsCore earnings decreased due to increase in IT-related expenses and investment in marketing

activities

Revenue

Revenue increase(*) on like-for-like basis due to:

� Growth in LWT (Japan and Overseas) due to active

marketing investment, introduction of new products

� Positive contributions from LHT and LKT

JPYbn

Despite increase in gross profit due to gross margin

improvement in LWT Japan and LKT Japan, core earnings

decreased due to increase in IT-related expenses and marketing

cost

� Japan JPY+1.3bn (+3%), Overseas JPY-1.4bn (-7%)

Core Earnings (CE)

JPYbnJPY +13.6bn (+1.7%)

JPY +18.6bn (+2.3%)

YoY :

On like-for-like basis :

H1

FYE2017

Results

Forex

impacts

Increase

on

like-for-like

basis(*)

H1 FYE2018

Forecasts

(Disclosed on

Aug 21)

JPY-1.9bn (-4.5%) YoY

H1

FYE2017

Results

(After

restatement)

Business

divestment

H1

FYE2018

Results

H1

FYE2018

Results

H1 FYE2018

Forecasts

(Disclosed on

Aug 21)

Hivic -8.5JIO -6.0Moritec -0.1

Perma

Discontinued

Operations

H1

FYE2017

Results

(After

restatement)

39.8

42.6

40.7

40

2.7

38

39

40

41

42

43

H1

FYE2017

Results

Perma

Discontinued

Operations

5.3%

5.0%

31

LIXIL Group Earnings by Business

Revenue increased by 1.7% YoY and core earnings decreased by JPY 1.9bn (-4.5%) YoY

341.8

265.2

51.4 58.2

87.5

23.9

0

20

40

60

80

100

120

140

160

180

200

220

240

260

280

300

320

340

360

LWT LHT LBT LKT D&R H&S

Revenue(1)

30.2

19.6

1.90.8

4.9

2.3

32.5

17

1.92.6

4.6

1.1

10%

6%

4%

5%

5%

4%

0%

2%

4%

6%

8%

10%

12%

0

5

10

15

20

25

30

35

LWT LHT LBT LKT D&R H&S

Core Earnings(1)

JPYbn JPYbn Margin (%)

809.9bn (YoY+1.7%) 40.7bn (YoY-4.5%)(+7.4%)

(-1.8%)

(-1.7%)(+6.5%)

(+0.4%)

(-25.9%)

H1 FYE2017 H1 FYE2018

*Line graph shows core earnings margin for H1 FYE 2018

(1) Revenue and core earnings from Permasteelisa S.p.A and its subsidiaries are not included because these are classified to discontinued operations based on the

share-transfer agreement

32

Creating Shareholder Value

� Dividend forecasts for FYE2018

Share buyback may take place depending on factors such as financial position and share price

We do not have special anti-takeover provisions in our articles of association since we intend to

increase our corporate value by taking various measures that would gain support from our

shareholders. Our investor and shareholder policy is to have our shares held over the medium to long

term by a large number of shareholders

� Share buyback

� Basic policy regarding the company’s decision control

Dividend payout ratio of over 30% will be maintained on a consolidated basis

JPYFYE2016

Results

FYE2017

Results

FYE2018

Forecasts

H1 30 Yen 30 Yen 30 Yen

H2 30 Yen 30 Yen 30 Yen (forecast)

Full year 60 Yen 60 Yen 60 Yen (forecast)

Dividend Payout Ratio - 41% 40%

33

External Recognition

FTSE4Good Index Series

Became a constituent of the FTSE4Good Index Series (June 2017) and

FTSE Blossom Japan Index (July 2017), created by FTSE Russell

MSCI Japan Empowering Women Index

Selected as a constituent of the MSCI Japan Empowering Women

Index (WIN), created by MSCI Inc. (July 2017)

DJSI Asia Pacific Index

Became an index component of the Dow Jones Sustainability

Indices (DJSI Asia Pacific Index), created by S&P Dow Jones Indices

and RobecoSAM

(September 2017)

2017 All-Japan Executive Team Rankings

Ranked first for “Best CEO,” second for “Best CFO,” third for “Best IR,”

and second for “Best IR Website” in the construction sector of 2017 All-

Japan Executive Team rankings from Institutional Investor Magazine

(May 2017)

Disclaimer

THE INCLUSION OF LIXIL GROUP CORPORATION IN ANY MSCI INDEX, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE

MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT OR PROMOTION OF LIXIL GROUP

CORPORATION BY MSCI OR ANY OF ITS AFFILIATES. THE MSCI INDEXES ARE THE EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE

MSCI INDEX NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI OR ITS AFFILIATES.

34

LIXIL Group Introduction

� LIXIL Group provides a comprehensive product line of living and housing related products and services

� Our business is organized through 4 technology business and 2 domestic business:

� LIXIL Water Technology: Global market leader in sanitary ware industry with well known brands such as GROHE, American Standard and INAX

� LIXIL Housing Technology: Leader in Japan’s housing and building materials industry, producing a range of products including window sashes, doors, interior fabrics, exteriors, and structure materials

� LIXIL Building Technology: Operating commercial architectural project business

� LIXIL Kitchen Technology: Leader in design and manufacturing of kitchen systems in Japan via SUNWAVE brand

� Distribution & Retail Business: Leading operator of Home Centre stores across Japan offering home decoration and improvement and daily necessity goods

� Housing & Services Business: Offering integrated occupant-oriented services (performance assessment, maintenance, management and real estate brokerage)

� LIXIL owns a strong global network in Asia Pacific, Europe, North America and South Africa through its acquisition of several overseas brands such as American Standard (Asia Pacific and North America), Permasteelisa and GROHE

� In FYE2017 overseas sales accounted for roughly 23% of our group’s total sales

Overview Financial Snap Shot (FYE 2017)

Sales by Region(3) Sales by Segment(1)(3)

(1) Including the effect of intercompany sales

(2) IFRS basis ; CE (Core earnings) is equivalent to "Operating profit" of JGAAP

(3) After reclassification of Permasteelisa to discontinued business

Key Financials (2) – Years ended March 31

Headquarters:Tokyo, Japan

Established:Sep. 19, 1949

Headcount:59,248 as of March 2017

Stock Exchange:-Tokyo Stock Exchange-Nagoya Stock Exchange

Securities Code:5938

Trading Unit:100 shares

Key Management:Kinya SetoPresident and CEO

Sachio MatsumotoExecutive Vice President and CFO

Japan

77%

China

3%

Other Asia

5%

North

America

8%

Europe

6%

Others

1%

LWT

40%

LHT

33%

LBT

7%

LKT

7%

D&R

10%

H&S

4%

JPYbn FYE2015A FYE2016A FYE2017A(3)

Market Value As of Nov 6, 2017

Sales 1,705.4 1,890.5 1,633.2 Share Price (JPY) 3,120

Growth 2.1% 10.8% -13.6% Shares Out. (mn) 288

Core Earnings 51.7 70.1 89.8 Market Cap (mn) 899,471

Core Earnings Margin 3.0% 3.7% 5.5% Net Debt 595,014

EBITDA 102.1 132.3 656.4 Enterprise Value 1,494,485

EBITDA Margin 6.0% 7.0% 40.2%

Net Income 30.9 -25.6 42.5

Net Margin 1.8% n.m. 2.6%

35

Board of Directors and Executive Officers (After the approval of annual shareholders’ meeting held on June 22, 2017)

■Board of Directors (10 members)

Yoichiro Ushioda Kinya Seto Yoshizumi Kanamori

Yoshinobu Kikuchi Keiichiro Ina Tsutomu Kawaguchi

Main Kohda Barbara Judge Hirokazu Yamanashi

Hiroto Yoshimura

Nomination Committee

Hirokazu Yamanashi (Chairperson)

Yoichiro Ushioda

Hiroto Yoshimura

Compensation Committee

Barbara Judge (Chairperson)

Main Kohda

Hirokazu Yamanashi

Yoshinobu Kikuchi

Keiichiro Ina

Audit Committee

Tsutomu Kawaguchi (Chairperson)

Yoshizumi Kanamori

Hiroto Yoshimura

■Executive Officers (11 members)

Kinya Seto Ryuichi Kawamoto Sachio Matsumoto

Haruo Shirai Kazuhiko Ootsubo Laurence William Bates

Hwa Jin Song Montesano Harumi Matsumura Ryo Nihei

Yugo Kanazawa Yoichiro Ushioda(1)

(1) Special mission

Directors who are concurrently serving as executive officers: 2 members

Directors who are not executive officers:8 members

Directors / executive directors

Outside directors: 5 members

Internal directors: 5 members

Internal directors /outside directors Japanese females:

1 member

Japanese males: 8 members

Non-Japanese females:1 member

Diversity

36

Corporate Responsibility Strategy

Corporate Responsibility MissionLIXIL to be the most trusted company by enhancing living spaces through innovative responsibility engagements and initiatives around the world

Global Hygiene & Sanitation

Measurement Objectives

� Enable improved access to sanitation and hygiene for 100 million people by the year 2020

� By 2030, achieve a net zero balance between LIXIL’s environmental footprint, and the positive environmental contributions created through its business processes, products and services

Promote and enable access to safe hygienic sanitation practices, especially for women and girls, while preventing the harmful transmission of diseases for children

Diversity & Inclusion

Embrace the diversity of people in society and within LIXILi) Enhancing the quality of life and wellbeing for the elderly and the physically

disabled through LIXIL products and servicesii) Harnessing the knowledge and perspectives of our diverse workforce as an

engine for growth and innovation

Water Conservation & Environmental Sustainability

Conserve water, energy, and other natural resources utilized in and by LIXIL products and services, including in procurement, production, distribution, end-use and disposal

Cautionary Statements with Respect to Forward-Looking Statements

Statements made in these materials with respect to plans, strategies and future performance that are not

historical facts are forward-looking statements. LIXIL Group Corporation cautions that a number of factors

could cause actual results to differ materially from those discussed in the forward-looking statements.