Effective July 16, 2019, and upon entry of an agreed final judgment by the probate court of Dallas County in the state of Texas, Lisa K. Simmons and Serena Simmons Connelly appointed Kalita Blessing and Terri Lacy as successor co-trustees of the Harold C. Simmons Family Trust No. 2 (the “Family Trust”), which was established for the benefit of Ms. Simmons and Ms. Connelly and their children and for which Ms. Simmons and Ms. Connelly previously served as co-trustees. Ms. Simmons and Ms. Connelly retain the ability to appoint qualifying successor trustees of the Family Trust if either or both Ms. Blessing and Ms. Lacy resign or otherwise do not serve as trustee.

A wholly-owned subsidiary of Contran Corporation (“Contran”) owns approximately 92% of the registrant’s outstanding common stock as of July 16, 2019. A majority of Contran’s outstanding voting stock is held directly by Ms. Simmons and Ms. Connelly and various family trusts established for the benefit of Ms. Simmons and Ms. Connelly and their children and for which Ms. Simmons or Ms. Connelly, as applicable, serves as trustee. The remainder of Contran’s outstanding voting stock is held by the Family Trust.

Ms. Simmons and Ms. Connelly and the trustees of the Family Trust may be deemed to control Contran and the registrant.

About Valhi, Inc. (NYSE:VHI)

Valhi, Inc. is a holding company. The Company operates through four segments: Chemicals, Component Products, Waste Management, and Real Estate Management and Development. The Chemicals segment operates through Kronos Worldwide, Inc., which produces and markets titanium dioxide pigments. The Component Products segment operates through CompX International Inc., which manufactures security products used in the recreational transportation, postal, cabinetry, tool storage, healthcare and a range of other industries. The Waste Management segment operates through Waste Control Specialists LLC, which offers processing, treatment, storage and disposal of hazardous, toxic and other wastes. The Real Estate Management and Development segment operates through Basic Management, Inc. (BMI) and The LandWell Company (LandWell). BMI provides utility services to industrial and municipal customers. LandWell develops land holdings for commercial, industrial and residential purposes.