Valhi, Inc.

Valhi, Inc. is a Delaware corporation that has operations through majority-owned subsidiaries or less than majority-owned affiliates. Its common stock is traded on the New York Stock Exchange under the symbol "VHI." Valhi Inc. is considered a controlled company under the listing standards of the New York Stock Exchange, and it has chosen not to have a majority of independent directors or an independent nominating or corporate governance committee.

Valhi, Inc. is a Delaware corporation that has operations through majority-owned subsidiaries or less than majority-owned affiliates. Its common stock is traded on the New York Stock Exchange under the symbol "VHI." Valhi Inc. is considered a controlled company under the listing standards of the New York Stock Exchange; pursuant to those standards, a controlled company may choose not to have a majority of independent directors, independent compensation, nominating or corporate governance committees or charters for these committees. Valhi has chosen not to have a majority of independent directors or an independent nominating or corporate governance committee, and the Board of Directors believes that the full Board of Directors best represents the interests of all of Valhi's stockholders. Applying the requirements of the NYSE listing standards, the Board of Directors has determined that three of its directors are independent and have no material relationship with Valhi. While the members of Valhi's management development and compensation committee currently satisfy the independence requirements of the NYSE listing standards, Valhi has chosen not to satisfy all of the NYSE listing standards for a compensation committee.

1. 1Investor Relations Home | Valhivalhi.net
2. 2Corporate Profile | Investor Relations | Valhivalhi.net
3. 3Corporate Governance - Highlights | Valhivalhi.net