Change in the Board

Schaan (FL), September 28, 2018 – Hilti Group Board of Directors member Michael Jacobi will leave the Board in April 2019 at the Hilti Group’s 2019 Annual General Meeting. His successor will be Carla De Geyseleer, CFO of the SGS Group, based in Geneva, Switzerland.

Due to internal tenure limits, Michael Jacobi’s Board mandate will end at the next Hilti Group Annual General Meeting. “As a longstanding member of the Board of Directors Michael Jacobi has had a considerable impact on the company’s successful strategic direction. We want to thank him for his enduring commitment to the company and for his valuable know-how and competence,” said Board Chairman Heinrich Fischer.

Michael Jacobi’s successor will be Carla De Geyseleer (50). She has more than 20 years of international experience in various financial management positions. Since 2014 she has been Chief Financial Officer of SGS, a publicly-listed company based in Geneva, which specializes in inspection, verification and certification services. She previously served for several years as CFO for both the mobile operator Vodafone’s subsidiary, Vodafone Libertel B.V. and for the logistics company DHL Express Benelux, both located in the Netherlands. Carla De Geyseleer also holds an Executive MBA from the Institute for Management Development in Lausanne, Switzerland.

Composition of the Hilti Group Board of Directors effective April 9, 2019:

Honorary Chairman: Michael Hilti (Schaan, FL). Heinrich Fischer, Chairman (Rüschlikon, CH); Pius Baschera (Zürich, CH); Daniel Daeniker (Zürich, CH); Carla De Geyseleer (Erembodegem, BE); Kim Fausing (Sonderborg, DK); Barbara Milian Thoralfsson (Oslo, NO).