VALHI Business Summary

Valhi, Inc. (VHI) operates as a diversified holding company that generates the vast majority of its revenue through majority-owned subsidiaries across three primary segments: Chemicals, Component Products, and Real Estate Management and Development. The Chemicals segment, anchored by an approximately 80% stake in Kronos Worldwide, Inc., accounts for roughly 90% of consolidated sales by producing and marketing titanium dioxide (TiO2) pigments used in paints, plastics, and paper. The Component Products segment, managed through an 86% ownership of CompX International Inc., manufactures precision security products and recreational marine components, while the Real Estate segment focuses on land development in Henderson, Nevada. Valhi maintains a top-five global position in the TiO2 market, competing directly with industry leaders such as The Chemours Company, Tronox Holdings PLC, and Venator Materials PLC, leveraging a vertically integrated supply chain and significant global production capacity to maintain its competitive edge. Originally founded by the late billionaire investor Harold Simmons, Valhi is currently led by President and Chief Executive Officer Michael S. Simmons, who assumed the role in January 2023 after serving in various senior financial capacities within the organization. The executive team includes Amy Allbach Samford as Executive Vice President and Chief Financial Officer, John A. Sunny as Executive Vice President and Chief Information Officer, and Andrew B. Nace as Executive Vice President and General Counsel. As of January 1, 2026, Edward R. Moore serves as Vice President and Controller, succeeding Patty S. Brinda. The company remains under the strategic control of the Simmons family through Contran Corporation, with Loretta J. Feehan serving as the Non-Executive Chair of the Board. The board is further composed of seasoned independent directors, including Dr. Thomas E. Barry and W. Hayden McIlroy, who provide oversight across the company’s complex industrial and real estate portfolio.