Decision of the Board of Directors of Ecopetrol S.A.

Rhea-AI Summary

Ecopetrol (NYSE: EC) announced that its Board of Directors appointed Juan Carlos Hurtado Parra as Alternate Legal and Commercial Representative on November 18, 2025.

The release reiterates Ecopetrol's scale: more than 19,000 employees, responsibility for over 60% of Colombia's hydrocarbon production, leading positions in petrochemicals and gas distribution, and a 51.4% acquisition of ISA that extends activities into energy transmission, XM real‑time systems, and a coastal highway concession.

International operations noted include stakes and drilling/exploration in the Permian basin, Gulf of Mexico, and Brazil, plus power transmission and road concessions across Latin America.

Argus Nov 19 session

-1.60% close to close 0.9x rel. volume Open Argus

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News Market Reaction – EC

On Nov 19, the first trading day after this news, EC closed 1.60% below the previous close.

Data tracked by StockTitan Argus for the Nov 19 session.

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BOGOTA, Colombia, Nov. 18, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the Board of Directors appointed Mr. Juan Carlos Hurtado Parra as Alternate Legal and Commercial Representative of Ecopetrol S.A. on November 18, 2025.

Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 19,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA's shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal highway concession. At the international level, 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, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector.

For more information, please contact:

Head of Capital Markets
Carolina Tovar Aragón
Email: investors@ecopetrol.com.co

Head of Corporate Communications
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co

 

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SOURCE Ecopetrol S.A.

FAQ

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Who was appointed Alternate Legal and Commercial Representative of Ecopetrol (EC) on November 18, 2025?

The Board appointed Juan Carlos Hurtado Parra as Alternate Legal and Commercial Representative on November 18, 2025.

What is the scope of Ecopetrol's operations mentioned in the November 18, 2025 announcement?

Ecopetrol operates hydrocarbon production (>60% in Colombia), petrochemicals, gas distribution, energy transmission via ISA (51.4% stake), and drilling/exploration in the Permian basin, Gulf of Mexico, and Brazil.

How many employees does Ecopetrol (EC) report in the November 2025 release?

The company reports more than 19,000 employees.

What strategic assets did Ecopetrol highlight in the November 18, 2025 notice?

Ecopetrol highlighted its 51.4% acquisition of ISA, participation in XM real‑time systems, and the Barranquilla–Cartagena coastal highway concession.

Where can investors contact Ecopetrol for more information after the November 2025 board decision?

Contacts listed are Head of Capital Markets Carolina Tovar Aragón (investors@ecopetrol.com.co) and Head of Corporate Communications Marcela Ulloa (marcela.ulloa@ecopetrol.com.co).