Board of Directors

Robert L. Ayers, Chairperson of the Nominating and Corporate Governance Committee

Portrait

Robert L. Ayers was elected as a member of our Board of Directors in October 2006. Mr. Ayers was Senior Vice President of ITT Industries and President of ITT Industries’ Fluid Technology from October 1999 until September 2005. Mr. Ayers continued to be actively employed by ITT Industries from September 2005 until September 2006, during which time he focused on special projects for the company. ITT Industries’ Fluid Technology is engaged in the design, development, production, sale, and after-sale support of a broad range of pumps, mixers, controls and treatment systems for municipal, industrial, residential, agricultural and commercial applications. Mr. Ayers originally joined ITT Industries in 1998 as President of ITT Industries’ Industrial Pump Group. Before joining ITT Industries, Mr. Ayers was President of Sulzer Industrial USA and Chief Executive Officer of Sulzer Bingham, a pump manufacturer in Portland, Oregon. Prior to that, he was President and Chief Executive Officer of the U.S. subsidiaries of Lanzagorta International and director of marketing and new business development at FMC Corporation’s Petroleum Equipment Group. From 1979 to 1985, Mr. Ayers was General Manager, Products, Sales and Engineering for National Supply (Drilling Equipment Division). From 1973 to 1979, Mr. Ayers held several management positions with Armco Inc. in Venezuela and Mexico, including Area Manager, Latin America. Mr. Ayers served as a Lieutenant in the U.S. Army from 1969 to 1971, including service in Vietnam. From 1999 to 2000, Mr. Ayers served as Chairman of The Hydraulic Institute, North America’s leading fluid industry association. Mr. Ayers is a member of the Swedish-American Chamber of Commerce and holds chair 114 in the International Water Academy. Mr. Ayers served as a member of the board of directors of T-3 Energy Services, Inc from August 2007 to January 2011. Mr. Ayers holds an M.B.A. from Old Dominion University and a B.S.E.E. from The Virginia Military Institute.

Bernard Baert

Portrait

Bernard Baert was elected as a member of our Board of Directors in August 2011. Mr. Baert served as Senior Vice President and President, Europe and International of PolyOne Corporation from January 2010 until his retirement in April 2012. Mr. Baert served as Senior Vice President and General Manager, Color and Engineered Materials – Europe and Asia for PolyOne Corporation from 2006 to December 2009 and as Vice President and General Manager, Color and Engineered Materials – Europe and Asia from 2000 to 2006. From 1995 to September 2000, Mr. Baert was General Manager, Color – Europe for M.A. Hanna Company, the predecessor to PolyOne Corporation. PolyOne Corporation is a worldwide provider of specialty polymer materials, services and solutions. Prior to joining M.A. Hanna, Mr. Baert was General Manager, Europe for Hexcel Corporation and spent 17 years with Owens Corning where he served as a plant manager and held various positions in the areas of cost control and production. Mr. Baert earned a master’s degree in physics from the University of Liege in Belgium.

Richard J. Cathcart, Chairperson of the Compensation Committee

Portrait

Richard J. Cathcart was elected as a member of our Board of Directors in October 2007. Mr. Cathcart was Vice Chairman and a member of the Board of Directors of Pentair, Inc. from February 2005 until his retirement in September 2007. Pentair is a diversified manufacturing company comprised of two operating segments: Water and Technical Products. Pentair’s Water Group provides products and systems used worldwide in the movement, storage, treatment and enjoyment of water. Mr. Cathcart began his career at Pentair in March 1995 as Executive Vice President, Corporate Development, where he identified water as a strategic area of growth. In February 1996, Mr. Cathcart was named Executive Vice President and President of Pentair’s Water Technologies Group. Mr. Cathcart was appointed President and Chief Operating Officer of Pentair’s Water Technologies Group in January 2001 and served in that capacity until his appointment as Vice Chairman in February 2005. As Vice Chairman, Mr. Cathcart led Pentair’s international business initiatives. Prior to joining Pentair, Mr. Cathcart held several management and business development positions during his 20-year career with Honeywell International Inc., including serving as Vice President and General Manager of Honeywell’s Worldwide Building Control Division. Mr. Cathcart holds a bachelor’s degree in engineering sciences from the United States Air Force Academy and he served as a fighter pilot and flight commander during the Vietnam War. Mr. Cathcart is also a member of the board of directors of Fluidra S.A.

Christopher L. Conway

Portrait

Christopher L. Conway was elected as a member of our Board in June 2015. Mr. Conway was President, Chief Executive Officer and Chairman of the Board of CLARCOR Inc. from December 2011 until it was acquired in February 2017. Mr. Conway originally joined CLARCOR in 2006 and served in several senior management roles prior to becoming President and Chief Executive Officer, including Chief Operating Officer, President of CLARCOR’s PECOFacet division, President of Facet USA, Inc., an affiliate of CLARCOR, and Vice President of Manufacturing of Baldwin Filters, Inc., another affiliate of CLARCOR. CLARCOR was a diversified marketer and manufacturer of mobile, industrial and environmental filtration products sold in domestic and international markets. Prior to joining CLARCOR, Mr. Conway served for two years as the Chief Operating Officer of Cortron Corporation, Inc., a manufacturing start-up based in Minneapolis, Minnesota. Mr. Conway also served for seven years in various management positions at Pentair, Inc., an international provider of products, services, and solutions for its customers' diverse needs in water and other fluids, thermal management, and equipment protection.

David A. Dunbar

Portrait

David A. Dunbar was elected as a member of our Board in February 2017. Mr. Dunbar has served as President and Chief Executive Officer and a member of the Board of Directors of Standex International Corporation since January 2014. Standex is a global, multi-industry manufacturer in five broad business segments: Food Service Equipment Group, Engineering Technologies Group, Engraving Group, Electronics Group, and Hydraulics Group. Mr. Dunbar previously served as President of the valves and controls global business unit of Pentair Ltd. from October 2009 to December 2013. The unit was initially owned by Tyco Flow Control and Tyco Flow Control and Pentair merged in 2012. Pentair is a global provider of products and services relating to energy, water, thermal management and equipment protection. Prior to his tenure at Pentair, Mr. Dunbar held a number of senior positions at Emerson Electric Co., including President of each of the following: Emerson Process Management Europe; Machinery; Health Management; and Emerson Climate Technologies Refrigeration.

Jes Munk Hansen

Portrait

Jes Munk Hansen was elected as a member of our Board in February 2017. Mr. Hansen has served as Chief Executive Officer of LEDVANCE GmbH since July 2015. LEDVANCE is the general lighting lamps business unit of OSRAM GmbH. Mr. Hansen previously served as Chief Executive Officer of the classical lamps and ballast business unit of OSRAM from January 2015 to July 2015 and as Chief Executive Officer of OSRAM Americas and President of OSRAM Sylvania from October 2013 to January 2015. OSRAM is a leading global lighting manufacturer. Prior to his tenure at OSRAM, Mr. Hansen served in several senior management roles with Grundfos from 2000 to October 2013, including as Chief Executive Officer and President of Grundfos North America from 2007 to October 2013. Grundfos is a leading global manufacturer of pumps as well as motors and electronics for monitoring and controlling pumps.

W. Craig Kissel, Chairperson of the Board

Portrait

W. Craig Kissel was elected as a member of our Board of Directors in October 2011. Mr. Kissel previously was employed by American Standard Companies Inc. from 1980 until his retirement in September, 2008. American Standard was a leading worldwide supplier of air conditioning and heating systems, vehicle control systems, and bathroom china and faucet-ware. During his time at American Standard, Mr. Kissel served as President of Trane Commercial Systems from 2004 to June, 2008, President of WABCO Vehicle Control Systems from 1998 to 2003, President of the North American Unitary Products Group from 1994 to 1997, Vice President of Marketing of the North American Unitary Products Group from 1992 to 1994 and he held various other management positions at American Standard from 1980 to 1991. From 2001 to 2008, Mr. Kissel served as Chairman of American Standard’s Corporate Ethics and Integrity Council, which was responsible for developing the company’s ethical business standards. Mr. Kissel also served in the U.S. Navy from 1973 to 1978. Mr. Kissel has served as a director of Chicago Bridge & Iron Company since May 2009. Chicago Bridge & Iron Company engineers and constructs some of the world's largest energy infrastructure projects.

Joseph T. Noonan

Portrait

Joseph T. Noonan was elected as a member of our Board of Directors in May 2013. Mr. Noonan has served as Chief Executive Officer of Homespun Design, Inc. since November 2013. Homespun Design is a start-up phase online retailer of American-made furniture and designs founded by Mr. Noonan. Mr. Noonan previously worked as an independent digital strategy consultant from November 2012 until November 2013. Mr. Noonan was employed by Wayfair LLC from April 2008 to November 2012. During his time at Wayfair, Mr. Noonan served as Senior Director of Wayfair International from June 2011 to November 2012, Director of Category Management and Merchandising from February 2009 to June 2011 and Manager of Wayfair’s Business-to-Business Division from April 2008 to February 2009. Wayfair is an online retailer of home furnishings, décor and home improvement products. Prior to joining Wayfair, Mr. Noonan worked as a venture capitalist at Polaris Partners and as an investment banker at Cowen & Company.

Robert J. Pagano, Jr., Chief Executive Officer and President

Portrait

Robert J. Pagano, Jr. has served as Chief Executive Officer, President and a Director of our Company since May 2014. He also served as interim Chief Financial Officer from October 2014 to April 2015. Mr. Pagano previously served as Senior Vice President of ITT Corporation and President, ITT Industrial Process from April 2009 to May 2014. Mr. Pagano originally joined ITT in 1997 and served in several additional management roles during his career at ITT, including as Vice President Finance, Corporate Controller, and President of Industrial Products. ITT Corporation is a diversified manufacturer of highly engineered critical components and customized technology solutions for the energy, transportation and industrial markets. Prior to joining ITT, Mr. Pagano worked at KPMG LLP. Mr. Pagano is a Certified Public Accountant.

Merilee Raines, Chairperson of the Audit Committee

Portrait

Merilee Raines was elected as a member of our Board of Directors in February 2011. Ms. Raines served as Chief Financial Officer of IDEXX Laboratories, Inc. from October 2003 until her retirement in May of 2013. Prior to becoming Chief Financial Officer, Ms. Raines held several management positions with IDEXX Laboratories, including Corporate Vice President of Finance, Vice President and Treasurer of Finance, Director of Finance, and Controller. IDEXX Laboratories develops, manufactures and distributes diagnostic and information technology products and services for pet and production animal health, water quality and milk safety, and human point-of-care diagnostics. Ms. Raines earned a bachelor’s degree in mathematics from Bowdoin College and an MBA from the University of Chicago. Ms. Raines is also a member of the Board of Directors of Aratana Therapeutics, Inc.

Joseph W. Reitmeier

Portrait

Joseph W. Reitmeier was elected as a member of our Board in February 2016. Mr. Reitmeier has served as Executive Vice President & Chief Financial Officer of Lennox International Inc. since July 2012. Mr. Reitmeier had served as Vice President of Finance for the LII Commercial business segment of Lennox International from 2007 to July 2012 and as Director of Internal Audit from 2005 to 2007. Lennox International is a leading global provider of climate control solutions and it designs, manufactures and markets a broad range of products for the heating, ventilation, air conditioning and refrigeration markets. Before joining Lennox International, Mr. Reitmeier held financial leadership roles at Cummins Inc. and PolyOne Corporation.

IR Contact

Tim MacPhee, Treasurer,

Vice President Investor Relations

978-689-6201

investorrelations@wattswater.com

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