#Ecopetrol #Colombia #Bogota #Guillermo García #Mónica de Greiff

Ecopetrol S.A. Board of Directors Leadership Announcement

On April 24, 2025, Ecopetrol S.A., Colombia's largest company and a prominent player in the integrated energy sector across the Americas, communicated significant updates following their Board of Directors meeting held on April 22 and 23, 2025. The board confirmed the continuation of Guillermo García Realpe and Mónica de Greiff Lindo as Chairperson and Vice-Chairperson, respectively. This decision underscores the board's confidence in their leadership amidst the company's strategic objectives.

New Committee Structures

In addition to maintaining existing leadership, the Board of Directors also established several key committees aimed at focusing on various aspects of company governance and operational efficiency. The following committees were formed:

1. Audit and Risk Committee

• - Chairperson: Álvaro Torres Macías
• - Members: Angela María Robledo Gómez, Mónica de Greiff Lindo, Guillermo García Realpe, Ricardo Rodríguez Yee

This committee's role will be vital in monitoring internal controls and risk management practices, ensuring compliance with legal standards and corporate policies.

2. Business Committee

• - Chairperson: Mónica de Greiff Lindo
• - Members: Guillermo García Realpe, Álvaro Torres Macías, Alberto José Merlano Alcocer, Hildebrando Vélez Galeano, Ricardo Rodríguez Yee, Luis Felipe Henao Cardona

Aimed at enhancing commercial strategies, this committee will evaluate business opportunities and operational improvements.

3. Corporate Governance and Sustainability Committee

• - Chairperson: Luis Felipe Henao Cardona
• - Members: Angela María Robledo Gómez, Guillermo García Realpe, Tatiana Roa Avendaño, Alberto José Merlano Alcocer

This committee will oversee governance practices and sustainability initiatives, aligning them with the company's strategic vision.

4. Remuneration, Appointments, and Culture Committee

• - Chairperson: Guillermo García Realpe
• - Members: Mónica de Greiff Lindo, Tatiana Roa Avendaño, Alberto José Merlano Alcocer, Luis Felipe Henao Cardona

Focusing on talent management and corporate culture, this committee will ensure that remuneration strategies align with market standards and company values.

5. HSE Committee

• - Chairperson: Angela María Robledo Gómez
• - Members: Mónica de Greiff Lindo, Álvaro Torres Macías, Tatiana Roa Avendaño, Hildebrando Vélez Galeano

The Health, Safety, and Environmental committee is tasked with promoting safe work practices and environmental sustainability across all operations.

6. Technology and Innovation Committee

• - Chairperson: Ricardo Rodríguez Yee
• - Members: Angela María Robledo Gómez, Álvaro Torres Macías, Tatiana Roa Avendaño, Hildebrando Vélez Galeano

In a rapidly changing industry, the technology committee will focus on driving innovation and enhancing digital capabilities within the company.

Ecopetrol's Strategic Position

Ecopetrol's extensive operations not only dominate Colombia's hydrocarbon production, contributing over 60% to the national output, but also position the company favorably within the American energy sector. With over 19,000 employees, Ecopetrol is a key stakeholder in energy transmission and has made substantial investments, including the acquisition of 51.4% of ISA shares.

The company is involved in strategic drilling projects within the U.S. and has a presence in Brazil, Mexico, and several other countries, thereby reinforcing its role in the international energy market.

In light of these developments, the Board emphasized its commitment to transparency and adaptability, particularly in a landscape filled with volatility and complexity. The company remains optimistic about its growth prospects, even as it acknowledges the inherent risks associated with market fluctuations and regulatory changes.

Ecopetrol continues to prioritize innovation and sustainability, aligning its operational goals with global energy demands and financial performance. As the company moves forward with this robust leadership structure, it is poised to navigate challenges and seize opportunities within the evolving energy landscape.

Forward-Looking Statements

Ecopetrol’s announcement also includes forward-looking statements regarding its growth and operational strategies. Investors and stakeholders should be mindful of several factors that could impact actual results, including market prices of oil and gas, operational performance, compliance with regulations, and other economic variables. The company does not undertake any obligation to update forward-looking statements unless required by applicable law.

For further details and inquiries, the company's Capital Markets Head, Carolina Tovar Aragón, and Marcela Ulloa, Head of Corporate Communications in Colombia, can be contacted through their listed emails.