Auditors’ Report on the Financial Statements Hilti Corporation Report on other legal and regulatory requirements The management report (pages 6 to 8) for the year ended 31 December 2020 complies with Liechtenstein law and the entity’s articles of incorporation. Furthermore, the management report corresponds to the financial statements and contains no significant incorrect information according to our assessment. We further confirm that the proposed appropriation of available earnings complies with Liechtenstein law and the entity’s articles of incorporation. We recommend that the financial statements submitted to you be approved. PricewaterhouseCoopers AG Stefan Räbsamen Gianluca Galasso Liechtenstein Certified Public Accountant Auditors in charge St. Gallen, March 17, 2021 2020 Financial Report | 88