Ecopetrol - EC STOCK NEWS

Ecopetrol (NYSE: EC) has initiated a joint plan to maintain continuity of gas projects in the Southern Caribbean following Shell's withdrawal from offshore assets in the region. The affected areas include Col 5, Purple Angel, and Fuerte Sur blocks, containing gas discoveries Kronos-1, Purple Angel 1, Gorgon 1 and 2, and Glaucus 1.

The company aims to complete the Gorgon development project's maturation and socio-environmental viability by first half of 2029, with production expected to start between 2031 and 2032. Ecopetrol is exploring connection options with the National Transportation System to commercialize Gorgon's gas for national demand.

Despite Shell's exit from these Caribbean projects, both companies remain partners with Total Energies in Brazil's Gato Do Mato field development, with significant resource allocation planned for 2025.

Ecopetrol (NYSE: EC) has announced three key appointments in its senior management team effective May 1, 2025. Julián Fernando Lemos has been appointed as Corporate Vice President of Strategy and New Business, bringing 19 years of leadership experience. Diana Marcela Jiménez will assume the permanent position of Director of Institutional Relations and Communications, leveraging her 20 years of sector experience. Julio César Herrera has been named Vice President of Commercial and Marketing.

Ecopetrol is Colombia's largest company and a major integrated energy player in the Americas, employing over 19,000 people. The company controls more than 60% of Colombia's hydrocarbon production and holds leading positions in petrochemicals and gas distribution. Through its 51.4% ownership in ISA, Ecopetrol has expanded into energy transmission and infrastructure operations across multiple South American countries.

Ecopetrol (NYSE: EC) has announced the filing of its annual report Form 20-F for fiscal year 2024 with the SEC. The filing includes financial statements audited by Ernst & Young Audit S.A.S. for 2022-2024, prepared under IFRS standards.

As Colombia's largest company and a major integrated energy player in the Americas, Ecopetrol controls over 60% of Colombia's hydrocarbon production and logistics. The company maintains significant positions in petrochemicals and gas distribution, while holding a 51.4% stake in ISA for energy transmission operations. Internationally, Ecopetrol operates in strategic basins across the US, Brazil, and Mexico, while also maintaining leading positions in power transmission across several South American countries through ISA.

Ecopetrol (NYSE: EC) has announced key Board of Directors appointments and committee formations. Guillermo García Realpe and Mónica de Greiff Lindo will continue serving as Chairperson and Vice-Chairperson, respectively. The board established six committees:

• Audit and Risk Committee (led by Álvaro Torres Macías)
• Business Committee (led by Mónica de Greiff Lindo)
• Corporate Governance and Sustainability Committee (led by Luis Felipe Henao Cardona)
• Remuneration, Appointments, and Culture Committee (led by Guillermo García Realpe)
• HSE Committee (led by Angela María Robledo Gómez)
• Technology and Innovation Committee (led by Ricardo Rodríguez Yee)

Ecopetrol is Colombia's largest company, controlling over 60% of the country's hydrocarbon production and logistics. The company owns 51.4% of ISA's shares and operates internationally in the US Permian basin, Gulf of Mexico, Brazil, and Mexico, with additional presence in power transmission across South America.

GeoPark (NYSE: GPRK) has announced the appointment of Felipe Bayon as its new Chief Executive Officer and Board member, effective June 1, 2025. Bayon succeeds Andrés Ocampo, who is stepping down for personal reasons after serving as CEO for three years and CFO for over eight years.

Bayon brings over three decades of experience in the oil and gas industry, most notably serving as CEO of Ecopetrol from 2017 to 2023, where he managed 18,000 employees and oversaw production of 700,000 boepd with revenues exceeding $30 billion. His career includes significant achievements at Shell and BP, including leadership of Pan American Energy. At Ecopetrol, he led strategic expansions into the Permian Basin with Oxy, Brazilian ultra-deep water pre-salt operations with Shell, and investments in renewable energies.

Ecopetrol (NYSE: EC) has released its periodic year-end report for 2024, focusing on social and environmental matters, including climate issues. The report complies with External Circulars 012 of 2022 and 031 of 2021 from Colombia's Financial Superintendence.

The company, as Colombia's largest energy , controls over 60% of the nation's hydrocarbon production and leads in petrochemicals and gas distribution. Through its 51.4% ownership of ISA, Ecopetrol has expanded into energy transmission and infrastructure projects. The company maintains international operations in strategic basins across the Americas, including the US Permian basin, Gulf of Mexico, Brazil, and Mexico.

Additionally, through ISA subsidiaries, Ecopetrol holds significant positions in power transmission across Brazil, Chile, Peru, and Bolivia, along with interests in Chilean road concessions and telecommunications.

Ecopetrol (NYSE: EC) has scheduled the release of its Q1 2025 financial and operating results for Tuesday, May 6, 2025, after market close. The company will host a virtual conference call on Wednesday, May 7, 2025, at 9:00 AM Colombian Time (10:00 AM NY Time) to discuss the results.

The conference will be broadcast in both Spanish and English through the company's webcast platform, where participants can submit questions during the call. The earnings release, presentation slides, and conference recording will be available on Ecopetrol's website.

Ecopetrol, Colombia's largest company, is a major integrated energy player in the Americas with over 19,000 employees. It controls more than 60% of Colombia's hydrocarbon production and holds significant positions in logistics, refining, petrochemicals, and gas distribution. The company also owns 51.4% of ISA, participating in energy transmission and infrastructure projects across Latin America.

Ecopetrol has signed an Investment Framework Agreement with AES Colombia to acquire a 49% stake in the Jemeiwaa Ka'I wind cluster in La Guajira, Colombia. The project features:

• Total capacity of approximately 1,087 MW
• Location: Upper and middle Guajira, Uribia municipality
• 35 km transmission line included

Ecopetrol, Colombia's largest energy company, brings significant expertise to the project. The company:

• Employs over 19,000 people
• Controls 60% of Colombia's hydrocarbon production
• Leads in petrochemicals and gas distribution
• Owns 51.4% of ISA, expanding into power transmission

The deal remains subject to conditions and legal requirements. Upon completion, Ecopetrol will release additional information through appropriate channels.

Ecopetrol (NYSE: EC) held its ordinary General Shareholders' Meeting on March 28, 2025, where several key decisions were approved. Shareholders approved an ordinary dividend of COP $214 per share, to be paid to minority shareholders in two equal installments on April 4 and April 29, 2025. The majority shareholder will receive payments in three installments totaling over COP 7.7 billion.

The meeting also approved the appointment of Deloitte & Touche S.A.S. as the Statutory Auditor for 2025-2028, with initial fees of COP 4.56 billion plus VAT. The 2024 Integrated Management Report and financial statements were approved, along with amendments to internal regulations and the Board of Directors' Succession Policy.