Ecopetrol Group and Colombian Government Collaborate on Fuel Price Stabilization Payments

Ecopetrol Secures Payments from Fuel Price Stabilization Fund

Ecopetrol S.A., Colombia's leading energy enterprise, has made headlines with its recent announcement regarding significant payments from the Fuel Price Stabilization Fund (Fondo de Estabilización de Precios de los Combustibles, FEPC). In collaboration with the National Government, particularly the Ministry of Finance and Public Credit and the Ministry of Mines and Energy, Ecopetrol has successfully secured outstanding payments related to the third and fourth quarters of 2025.

According to a resolution released on September 30, 2026, the government recognized obligations totaling approximately 683.99 billion Colombian pesos (about $180 million). This comprehensive amount consists of payments designated for both Ecopetrol S.A. and Refinería de Cartagena S.A.S. (Reficar), with Ecopetrol receiving 573.108 billion pesos and Reficar being allocated 110.882 billion pesos. The funds have been distributed via Treasury Bonds as specified by the Resolution.

These developments mark a pivotal moment for Ecopetrol as they not only signal the settlement of outstanding debts but also reinforce the National Government's commitment to enhancing the financial health of Ecopetrol Group. The strategic implementation of new payment mechanisms aims to alleviate prior financial burdens faced by the company, emphasizing a clear intention to support its growth and stability.

Ecopetrol stands as Colombia's largest company and a significant contender in the energy sector across the Americas, employing over 19,000 staff members. The company plays a crucial role in the hydrocarbon production sector, accounting for more than 60% of Colombia's total hydrocarbon outputs. Its influence extends across various segments, including transportation, logistics, and refining, with established positions in petrochemicals and gas distribution.

Moreover, Ecopetrol has recently strengthened its operations through the acquisition of a majority stake in ISA, enabling participation in energy transmission and management of real-time systems. The organization's investments also reach into international waters, with exploration and drilling activities in the United States, Brazil, and Mexico, alongside significant stakes in the power transmission market throughout South America.

This recent financial backing from the Fuel Price Stabilization Fund is crucial not only for Ecopetrol's operational continuity but also for its credibility as a significant player in the global energy market. The forward-looking nature of these financial arrangements fuels optimism, indicating a robust future for the company. However, with growth comes the realization of inherent risks, including fluctuating oil prices, varying market conditions, and regulatory challenges that could impact forecasts significantly.

As the situation unfolds, Ecopetrol remains hopeful that ongoing collaborative efforts with the government will pave the way for a more sustainable operational framework, allowing the company to navigate through potential challenges with resilience.

For more updates, please feel free to reach out to Ecopetrol's Investor Relations Office via email. Your inquiries are highly welcomed as the company continues to strive for transparency and stakeholder engagement.

This statement may contain forward-looking elements as defined under the U.S. Securities Act and the Exchange Act, highlighting potential risks and uncertainties related to Ecopetrol's growth prospects and capital requirements. Thus, changing market dynamics could significantly influence actual outcomes in relation to these predictions.

Contact:
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