General Shareholders’ Meeting Approves Amendment to Bylaws

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BOGOTA, Colombia, March 30, 2022 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL NYSE: EC) reports that the everyday General Shareholders’ Assembly, held on March 30, 2022, permitted the amendment to the Bylaws proposed by administration.

Ecopetrol Emblem.

After the amendment is duly solemnized and registered in advance of the Commercial Registry, Ecopetrol will notify the public of this party by this identical implies.

The textual content of the authorized amendment can be consulted in the following link: https://files.ecopetrol.com.co/world wide web/esp/cargas/aga2022/220330%20Bylaws%20Ecopetrol%20(2%20columnas).pdf

Ecopetrol is the most significant firm in Colombia and 1 of the primary integrated energy organizations in the American continent, with far more than 17,000 personnel. In Colombia, it is responsible for additional than 60% of the hydrocarbon manufacturing of most transportation, logistics, and hydrocarbon refining devices, and it holds top positions in the petrochemicals and fuel distribution segments. With the acquisition of 51.4% of ISA’s shares, the business participates in electricity transmission, the administration of actual-time programs (XM), and the Barranquilla – Cartagena coastal freeway concession. At the global level, 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, via ISA and its subsidiaries, Ecopetrol holds top positions in the power transmission small business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector. This press release has small business prospect statements, working and fiscal outcome estimates, and statements similar to Ecopetrol’s expansion potential customers. These are all projections and, as this kind of, they are based mostly only on the expectations of the managers with regards to the foreseeable future of the corporation and their ongoing obtain to money to finance the company’s business enterprise strategy. The realization of explained estimates in the potential relies upon on the conduct of marketplace disorders, restrictions, competitors, the performance of the Colombian economic climate and the marketplace, amid other variables, and are for that reason subject matter to transform without having prior discover.

This launch includes statements that might be thought of forward-looking statements in just the this means of Portion 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Trade Act of 1934, as amended. All ahead-searching statements, whether built in this launch or in foreseeable future filings or push releases or orally, tackle matters that involve pitfalls and uncertainties, such as in respect of the Company’s prospects for development and its ongoing accessibility to funds to fund the Firm’s business prepare, amongst other people. Consequently, changes in the following elements, between other folks, could cause real benefits to vary materially from these provided in the ahead-searching statements: market selling prices of oil & gasoline, our exploration, and manufacturing routines, current market circumstances, relevant restrictions, the trade fee, the Company’s competitiveness and the overall performance of Colombia’s economic climate and business, to point out a couple of. We do not intend and do not presume any obligation to update these ahead-searching statements.

For more facts, please get in touch with:

Head of Funds Marketplaces
Tatiana Uribe Benninghoff
Email: [email protected]

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