#Colombia #Bogota #Ecopetrol S.A. #Corporate Governance #Shareholders Meeting

Resolutions from Ecopetrol's Extraordinary Shareholders' Meeting

On September 15, 2026, Ecopetrol S.A. held an Extraordinary General Shareholders' Meeting in Bogotá, Colombia, where key governance matters were addressed. The meeting commenced at 11:00 AM, and shareholders voted on various important agenda items. Below is an overview of the resolutions adopted during this session.

Approval of Agenda

Without any objections, shareholders approved the proposed agenda for the meeting, which set the stage for the subsequent discussions and voting processes.

Appointment Leadership

Chair of the Meeting

Mr. Francisco Reyes Villamizar was appointed as the Chair of the General Shareholders' Meeting, affirming his role in guiding the proceedings effectively.

Elections and Vote Counting Committee

The shareholders nominated and appointed the Elections and Vote Counting Committee, as proposed by shareholder Ingrid Deza Darwish, ensuring that all voting mechanics were properly managed and transparent.

Committees for Review and Approval of Minutes

The Principal and Alternate Committees for the Review and Approval of the Minutes were appointed, proposed by shareholder Carolina Zarama Caycedo, which is necessary for maintaining accurate records of the proceedings.

Amendments to Bylaws

A significant decision was made with the approval of an amendment to Article 20 of the Company’s bylaws. This modification, concerning the composition, renewal, and election of the Board of Directors, was put forth by the Nation of Colombia's Ministry of Finance and Public Credit. Shareholders recognized the importance of this amendment for strengthening corporate governance and transparency within the company.

Board of Directors' Alignment

Instructions were approved for the Company’s Board of Directors, including members elected at this meeting, to align the Board Succession Policy and other governance instruments with the newly amended Article 20. Notably, while this alignment is being finalized, any internal provisions conflicting with the updated guidelines shall not impede the ongoing election process.

Board Elections

Following an electoral quotient system, shareholders elected nine members of the Board of Directors, a critical step in ensuring the company's leadership continuity through the remainder of the 2025–2029 institutional term. The elected board members include:

• - Carlos Augusto Suárez Rojas (Independent)
• - Jorge Alberto Jaller Jaramillo (Non-Independent)
• - José Camilo Manzur Jattin (Independent)
• - Ludmila Del Carmen Vergara Rosales (Non-Independent)
• - Betzy Patricia Martínez Zapatero (Independent)
• - Claudia Margarita Lafaurie Taboada (Independent)
• - César Eduardo Loza Arenas (Non-Independent)
• - Ricardo Rodríguez Yee (Independent)
• - Luis Felipe Henao Cardona (Independent)

This comprehensive decision-making process is pivotal for Ecopetrol as it navigates the challenges within the energy sector while maintaining efficient governance structures. The meeting also highlighted shareholders’ disapproval to allow additional agenda items, a decision reflecting their focus on existing matters at hand rather than extending the discussion further.

About Ecopetrol

Ecopetrol is recognized as the largest firm in Colombia, significantly contributing to over 60% of the country’s hydrocarbon production and holding key positions in the energy industry across the Americas. With more than 19,000 employees, its operations extend far beyond Colombia, including critical exploration activities in the United States, Brazil, and Mexico. The strategic direction set forth in this meeting is expected to bolster the company’s governance framework and, in turn, its operational efficiency.

This summary encapsulates the essential outcomes of the Extraordinary General Shareholders’ Meeting, emphasizing Ecopetrol's commitment to effective corporate governance and strategic development as it progresses into the future.