Establishment of the Business Committee of the Board of Directors of Ecopetrol S.A.

BOGOTÁ, June 13, 2022 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL NYSE: EC) informs that, supplied the resignation of Juan Emilio Posada Echeverri from the Board of Administrators of the business, the board, in its session on June 9, 2022, accredited the new users of the Organization Committee, which is shaped as follows:

Enterprise COMMITTEE

  • Carlos Gustavo Cano
  • Hernando Ramirez
  • Sergio Restrepo
  • Esteban Piedrahita
  • Cecilia Maria Velez

Observe: In bold is the Director who chairs the Committee.

Ecopetrol is the biggest business in Colombia and a person of the primary integrated energy businesses in the American continent, with far more than 18,000 employees. In Colombia, it is accountable for a lot more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining methods, and it holds leading positions in the petrochemicals and fuel distribution segments. With the acquisition of 51.4% of ISA’s shares, the organization participates in electrical power transmission, the administration of serious-time units (XM), and the Barranquilla – Cartagena coastal freeway concession. At the global stage, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration functions in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, by ISA and its subsidiaries, Ecopetrol holds foremost positions in the electrical power transmission company in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector. This push release is made up of organization prospect statements, running and monetary consequence estimates, and statements similar to Ecopetrol’s growth prospects. These are all projections and, as this kind of, they are dependent entirely on the anticipations of the supervisors relating to the upcoming of the company and their continued obtain to money to finance the company’s company strategy. The realization of explained estimates in the long run depends on the actions of marketplace ailments, regulations, competition, the functionality of the Colombian economic climate my and the marketplace, amongst other components, and are therefore matter to change devoid of prior see.

This release has statements that may possibly be regarded forward-looking statements in just the this means of Segment 27A of the U.S. Securities Act of 1933, as amended, and Area 21E of the U.S. Securities Exchange Act of 1934, as amended. All ahead-hunting statements, regardless of whether built in this launch or in long term filings or press releases or orally, address issues that entail threats and uncertainties, which includes in respect of the Company’s prospective customers for growth and its ongoing accessibility to capital to fund the Company’s enterprise program, amid others. Therefore, alterations in the pursuing components, among the other folks, could lead to real outcomes to differ materially from those people incorporated in the ahead -on the lookout statements: marketplace costs of oil & gasoline, our exploration, and manufacturing pursuits, market place situations, relevant polices, the exchange amount, the Firm’s competitiveness and the effectiveness of Colombia’s economic system and industry, to mention a number of. We do not intend and do not believe any obligation to update these forward-looking statements.

For a lot more info, be sure to call: Head of Cash Marketplaces

Tatiana Uribe Benninghoff
E-mail: [email protected]

Head of Company Communications

Mauricio Téllez
Email: [email protected]

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