Auditors’ Report on the Financial Statements Hilti Corporation Report on other legal and regulatory requirements The management report is in accordance with the financial statements. We further confirm that the proposed appropriation of available earnings complies with Liechtenstein law and the company’s articles of incorporation. We recommend that the financial statements submitted to you be approved. PricewaterhouseCoopers AG René Rausenberger Gianluca Galasso Auditors in charge St. Gallen, March 13, 2019 2018 Financial Report | 94