General Shareholders’ Meeting Approves Amendment to Bylaws

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BOGOTA, Colombia, March 30, 2022 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL NYSE: EC) studies that the regular General Shareholders’ Meeting, held on March 30, 2022, accredited the modification to the Bylaws proposed by management.

Ecopetrol Brand.

At the time the amendment is duly solemnized and registered just before the Industrial Registry, Ecopetrol will notify the general public of this occasion by this exact signifies.

The text of the approved modification can be consulted in the pursuing url: https://files.ecopetrol.com.co/internet/esp/cargas/aga2022/220330%20Bylaws%20Ecopetrol%20(2%20columnas).pdf

Ecopetrol is the most significant organization in Colombia and 1 of the major built-in energy organizations in the American continent, with additional than 17,000 workers. In Colombia, it is responsible for a lot more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining techniques, and it holds major positions in the petrochemicals and gasoline distribution segments. With the acquisition of 51.4% of ISA’s shares, the company participates in electricity transmission, the administration of actual-time programs (XM), and the Barranquilla – Cartagena coastal freeway concession. At the worldwide 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 primary positions in the energy transmission business in Brazil, Chile, Peru, and Bolivia, highway concessions in Chile, and the telecommunications sector. This push release is made up of company prospect statements, functioning and economic final result estimates, and statements linked to Ecopetrol’s development prospects. These are all projections and, as this kind of, they are based mostly exclusively on the expectations of the supervisors about the future of the firm and their ongoing accessibility to capital to finance the firm’s business plan. The realization of stated estimates in the long run depends on the behavior of industry circumstances, restrictions, levels of competition, the general performance of the Colombian economy and the field, amongst other things, and are for that reason subject to change devoid of prior detect.

This release includes statements that may possibly be regarded ahead-wanting statements in the which means of Part 27A of the U.S. Securities Act of 1933, as amended, and Portion 21E of the U.S. Securities Trade Act of 1934, as amended. All forward-searching statements, no matter if built in this launch or in future filings or push releases or orally, address matters that involve challenges and uncertainties, which includes in respect of the Firm’s potential customers for progress and its ongoing entry to money to fund the Company’s company program, amongst other folks. For that reason, modifications in the next things, between some others, could cause real effects to differ materially from all those involved in the forward-wanting statements: current market charges of oil & gas, our exploration, and generation pursuits, market situations, applicable rules, the trade amount, the Firm’s competitiveness and the efficiency of Colombia’s economy and market, to point out a handful of. We do not intend and do not presume any obligation to update these ahead-searching statements.

For far more data, make sure you call:

Head of Money Marketplaces
Tatiana Uribe Benninghoff
Electronic mail: [email protected]

Head of Company Communications
Mauricio Téllez
E-mail: [email protected]