diff --git a/hack/tools/conversion-verifier/main.go b/hack/tools/conversion-verifier/main.go
index 02272b2e6d56..ab1109014d3f 100644
--- a/hack/tools/conversion-verifier/main.go
+++ b/hack/tools/conversion-verifier/main.go
@@ -17,11 +17,11 @@ limitations under the License.
 package main
 
 import (
+	"fmt"
 	"go/types"
 	"path"
 	"strings"
 
-	"github.com/hashicorp/go-multierror"
 	"github.com/pkg/errors"
 	"k8s.io/klog/v2"
 	crdmarkers "sigs.k8s.io/controller-tools/pkg/crd/markers"
@@ -70,7 +70,7 @@ func (s *storageVersionType) IsHub() bool {
 }
 
 func main() {
-	var result error
+	var errs []error
 
 	// Define the marker collector.
 	col := &markers.Collector{
@@ -118,7 +118,7 @@ func main() {
 				return
 			}
 			if _, ok := storageVersionTypes[info.Name]; ok {
-				result = multierror.Append(result,
+				errs = append(errs,
 					errors.Errorf("type %q has a redeclared storage version in package %q", info.Name, pkg.PkgPath),
 				)
 				return
@@ -197,21 +197,24 @@ func main() {
 		}
 
 		if !storageType.IsHub() {
-			result = multierror.Append(result,
+			errs = append(errs,
 				errors.Errorf("type %q in package %q marked as storage version but it's not convertible, missing Hub() method", name, storageType.pkg.PkgPath),
 			)
 		}
 		for _, decl := range storageType.otherDecls {
 			if !decl.IsConvertible() {
-				result = multierror.Append(result,
+				errs = append(errs,
 					errors.Errorf("type %q in package %q it's not convertible, missing ConvertFrom() and ConvertTo() methods", name, decl.pkg.PkgPath),
 				)
 			}
 		}
 	}
 
-	if result != nil {
-		klog.Exit(result.Error())
+	if len(errs) > 0 {
+		fmt.Printf("%d errors occurred:\n", len(errs))
+		for _, err := range errs {
+			fmt.Printf("\t* %s\n", err)
+		}
 	}
 }
 
diff --git a/hack/tools/go.mod b/hack/tools/go.mod
index 9952d89785ea..fd3cea0fdbfe 100644
--- a/hack/tools/go.mod
+++ b/hack/tools/go.mod
@@ -9,7 +9,6 @@ replace sigs.k8s.io/cluster-api/test => ../../test
 require (
 	cloud.google.com/go/storage v1.31.0
 	github.com/blang/semver v3.5.1+incompatible
-	github.com/hashicorp/go-multierror v1.1.1
 	github.com/pkg/errors v0.9.1
 	github.com/spf13/pflag v1.0.5
 	github.com/valyala/fastjson v1.6.4
@@ -80,7 +79,6 @@ require (
 	github.com/google/uuid v1.3.0 // indirect
 	github.com/googleapis/enterprise-certificate-proxy v0.2.5 // indirect
 	github.com/googleapis/gax-go/v2 v2.12.0 // indirect
-	github.com/hashicorp/errwrap v1.1.0 // indirect
 	github.com/hashicorp/hcl v1.0.0 // indirect
 	github.com/huandu/xstrings v1.3.3 // indirect
 	github.com/imdario/mergo v0.3.13 // indirect
diff --git a/hack/tools/go.sum b/hack/tools/go.sum
index 424b1a675060..cba73fc71d89 100644
--- a/hack/tools/go.sum
+++ b/hack/tools/go.sum
@@ -279,14 +279,10 @@ github.com/grpc-ecosystem/grpc-gateway v1.16.0/go.mod h1:BDjrQk3hbvj6Nolgz8mAMFb
 github.com/hashicorp/consul/api v1.1.0/go.mod h1:VmuI/Lkw1nC05EYQWNKwWGbkg+FbDBtguAZLlVdkD9Q=
 github.com/hashicorp/consul/sdk v0.1.1/go.mod h1:VKf9jXwCTEY1QZP2MOLRhb5i/I/ssyNV1vwHyQBF0x8=
 github.com/hashicorp/errwrap v1.0.0/go.mod h1:YH+1FKiLXxHSkmPseP+kNlulaMuP3n2brvKWEqk/Jc4=
-github.com/hashicorp/errwrap v1.1.0 h1:OxrOeh75EUXMY8TBjag2fzXGZ40LB6IKw45YeGUDY2I=
-github.com/hashicorp/errwrap v1.1.0/go.mod h1:YH+1FKiLXxHSkmPseP+kNlulaMuP3n2brvKWEqk/Jc4=
 github.com/hashicorp/go-cleanhttp v0.5.1/go.mod h1:JpRdi6/HCYpAwUzNwuwqhbovhLtngrth3wmdIIUrZ80=
 github.com/hashicorp/go-immutable-radix v1.0.0/go.mod h1:0y9vanUI8NX6FsYoO3zeMjhV/C5i9g4Q3DwcSNZ4P60=
 github.com/hashicorp/go-msgpack v0.5.3/go.mod h1:ahLV/dePpqEmjfWmKiqvPkv/twdG7iPBM1vqhUKIvfM=
 github.com/hashicorp/go-multierror v1.0.0/go.mod h1:dHtQlpGsu+cZNNAkkCN/P3hoUDHhCYQXV3UM06sGGrk=
-github.com/hashicorp/go-multierror v1.1.1 h1:H5DkEtf6CXdFp0N0Em5UCwQpXMWke8IA0+lD48awMYo=
-github.com/hashicorp/go-multierror v1.1.1/go.mod h1:iw975J/qwKPdAO1clOe2L8331t/9/fmwbPZ6JB6eMoM=
 github.com/hashicorp/go-rootcerts v1.0.0/go.mod h1:K6zTfqpRlCUIjkwsN4Z+hiSfzSTQa6eBIzfwKfwNnHU=
 github.com/hashicorp/go-sockaddr v1.0.0/go.mod h1:7Xibr9yA9JjQq1JpNB2Vw7kxv8xerXegt+ozgdvDeDU=
 github.com/hashicorp/go-syslog v1.0.0/go.mod h1:qPfqrKkXGihmCqbJM2mZgkZGvKG1dFdvsLplgctolz4=