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, offered the resignation of Juan Emilio Posada Echeverri from the Board of Administrators of the enterprise, the board, in its session on June 9, 2022, permitted the new associates of the Business enterprise Committee, which is formed as follows:

Small business COMMITTEE

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

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

Ecopetrol is the largest organization in Colombia and 1 of the principal integrated vitality providers in the American continent, with extra than 18,000 staff. In Colombia, it is responsible for more than 60% of the hydrocarbon output of most transportation, logistics, and hydrocarbon refining techniques, and it retains major positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA’s shares, the company participates in strength transmission, the administration of real-time systems (XM), and the Barranquilla – Cartagena coastal freeway concession. At the worldwide amount, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, through ISA and its subsidiaries, Ecopetrol retains main positions in the ability transmission business in Brazil, Chile, Peru, and Bolivia, street concessions in Chile, and the telecommunications sector. This push launch includes company prospect statements, working and economic consequence estimates, and statements similar to Ecopetrol’s growth prospects. These are all projections and, as these kinds of, they are primarily based exclusively on the anticipations of the supervisors regarding the future of the company and their continued accessibility to capital to finance the firm’s organization approach. The realization of explained estimates in the future relies upon on the actions of current market situations, laws, opposition, the efficiency of the Colombian financial system my and the sector, amid other elements, and are as a result subject to adjust with no prior detect.

This release includes statements that might be regarded as forward-hunting statements within just the this means of Area 27A of the U.S. Securities Act of 1933, as amended, and Segment 21E of the U.S. Securities Trade Act of 1934, as amended. All forward-looking statements, regardless of whether made in this release or in foreseeable future filings or push releases or orally, tackle issues that involve risks and uncertainties, which includes in regard of the Company’s prospective customers for advancement and its ongoing entry to capital to fund the Company’s business system, between other individuals. For that reason, changes in the following elements, among other folks, could result in actual final results to differ materially from people included in the ahead -wanting statements: market place selling prices of oil & gasoline, our exploration, and output things to do, current market problems, relevant laws, the trade amount, the Firm’s competitiveness and the overall performance of Colombia’s financial state and market, to point out a few. We do not intend and do not presume any obligation to update these ahead-wanting statements.

For far more facts, make sure you contact: Head of Capital Marketplaces

Tatiana Uribe Benninghoff
Email: [email protected]

Head of Corporate Communications

Mauricio Téllez
E-mail: [email protected]

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