Effective March 17, 2016, Valhi, Inc. board of directors increased the size of its board from seven to eight and elected Elisabeth C. Fisher and Mary A. Tidlund to fill an existing vacancy and the newly created vacancy, each to serve as a director until her successor is elected and qualified or her earlier resignation, removal or death. In addition, each of Fisher and Tidlund were appointed to the registrant's audit committee.
Valhi, Inc. is primarily a holding company, which operates through its subsidiaries, NL Industries, Inc., Kronos Worldwide, Inc., CompX International Inc., BasicManagement, Inc. and The LandWell Company. Its segments include Chemicals, Component Products, and Real Estate Management and Development. Chemicals segment produces and markets value-added titanium dioxide pigments. Component Products segment manufactures security products used in the postal, recreational transportation, office and institutional furniture, cabinetry, tool storage, healthcare and a variety of other industries. The segment also a manufacture wake enhancement system, stainless steel exhaust systems, gauges, throttle controls, trim tabs and related hardware and accessories for the recreational marine industry. Real Estate Management and Development segment owns real property in Henderson, Nevada. The segment develops certain land holdings for commercial, industrial and residential purposes in Henderson, Nevada.
VALHI, INC. 
