BOGOTA, Colombia, June 28, 2024 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (“Ecopetrol” or the “Company”) informs that the Board of Administrators, in its assembly held on June 28, 2024 adopted the next choices:

As a part of the implementation of the brand new organizational construction, authorized and reported on June 6, 2024, the next appointments had been made:

• Sandra Lucía Rodríguez, who presently serves as Vice President of Sustainable Territorial Improvement, can be accountable for the Company Vice Presidency of Territorial Transformation and Well being Security and the Atmosphere.
• Jaime Pineda, who presently serves as Vice President of Procurement and Companies, can be accountable for the Vice Presidency of Administration and Companies.
• Germán González, who presently serves as Vice President of Company Affairs and Secretary Common, will tackle the place of Secretary Common and can be accountable for the Company Directorate of Institutional Relations and Communications.

On account of the voluntary resignation to the Firm by María Catalina Escobar, the present Company Vice President of Finance and Sustainable Worth in cost, the Board appointed Javier Cárdenas, who presently serves as Management and Reporting Supervisor, as Vice President in cost.

These assignments can be efficient as of July 1, 2024 and till the appointment of everlasting positions are made.

Ecopetrol is the biggest firm in Colombia and one of many principal built-in vitality corporations within the American continent, with greater than 18,000 staff. In Colombia, it’s accountable for greater than 60% of the hydrocarbon manufacturing of most transportation, logistics, and hydrocarbon refining programs, and it holds main positions within the petrochemicals and gasoline distribution segments. With the acquisition of 51.4% of ISA’s shares, the corporate participates in vitality transmission, the administration of real-time programs (XM), and the Barranquilla – Cartagena coastal freeway concession. On the worldwide stage, Ecopetrol has a stake in strategic basins within the American continent, with Drilling and Exploration operations in the US (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, via ISA and its subsidiaries, Ecopetrol holds main positions within the energy transmission enterprise in Brazil, Chile, Peru, and Bolivia, highway concessions in Chile, and the telecommunications sector. This press release accommodates enterprise prospect statements, working and monetary outcome estimates, and statements associated to Ecopetrol’s development prospects. These are all projections and, as such, they’re based mostly solely on the expectations of the managers concerning the way forward for the corporate and their continued entry to capital to finance the corporate’s marketing strategy. The belief of stated estimates sooner or later relies on the habits of market circumstances, laws, competitors, and the efficiency of the Colombian economic system and the trade, amongst different elements, and are consequently topic to vary with out prior discover.  

This launch accommodates statements that could be thought-about forward-looking statements throughout the that means of Part 27A of the U.S. Securities Act of 1933, as amended, and Part 21E of the U.S. Securities Alternate Act of 1934, as amended. All forward-looking statements, whether or not made on this launch or in future filings or press releases, or orally, deal with issues that contain dangers and uncertainties, together with in respect of the Firm’s prospects for development and its ongoing entry to capital to fund the Firm’s marketing strategy, amongst others. Consequently, modifications within the following elements, amongst others, might trigger precise outcomes to vary materially from these included within the forward-looking statements: market costs of oil & gasoline, our exploration, and manufacturing actions, market circumstances, relevant laws, the change fee, the Firm’s competitiveness and the efficiency of Colombia’s economic system and trade, to say a number of. We don’t intend and don’t assume any obligation to replace these forward-looking statements.

For extra info, please contact:

Head of Capital Markets
Carolina Tovar Aragón
Electronic mail: buyers@ecopetrol.com.co

Head of Company Communications
Marcela UlloaElectronic mail: marcela.ulloa@ecopetrol.com.co