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Ecopetrol Schedules Bondholders' Meetings for Upcoming Merger

Ecopetrol S.A., Colombia's largest company and a major player in the energy sector across the Americas, has announced its plans for two significant bondholders' meetings scheduled for August 18, 2026. These meetings will focus on the merger by absorption with Parque Solar Portón del Sol S.A.S., a decision approved during the general shareholders' meeting held on March 27, 2026.

The bondholders' meetings are crucial for discussing the implications of the merger, with both meetings set to convene under the regulations outlined in Colombian law, specifically Decree 2555 of 2010. The first meeting, organized by Alianza Valores Fiduciaria S.A., will address the 2010 bond issuance, while the second, conducted by Itaú Fiduciaria Colombia S.A., will focus on the 2013 bond issuance. Both will provide bondholders an opportunity to participate either in person or virtually, accommodating the current preferences for remote involvement.

Agenda for the Meetings

The agenda for both meetings includes essential steps: verifying the quorum, approving the meeting agenda, appointing key positions, and presenting reports related to the merger. Notably, attendees will hear presentations from Ecopetrol's team regarding the merger and reviews from advisory firms such as Alianza Fiduciaria S.A. and Fitch Ratings Colombia S.A.S.

The first meeting is set to take place at 2:00 PM (Bogotá, D.C. time) while the second will follow at 3:30 PM. Bondholders are encouraged to check specific links provided for virtual attendance.

Details on the 2010 Issuance

For the 2010 outstanding bond issuance, the series A bonds, which are inflation-indexed and denominated in Colombian pesos, have a total outstanding amount of COP 284,300 million. Details are as follows:

• - Issuance: COC04CBVP023
• - Placement Date: December 1, 2010
• - Maturity Date: December 1, 2040
• - Coupon Rate: CPI + 4.90%

Details on the 2013 Issuance

The 2013 bond issuance features two CPI-linked bonds also denominated in Colombian pesos, as detailed below:

• - Issuance: COC04CBVP007
• - Placement Date: August 27, 2013
• - Maturity Date: Two maturities – August 27, 2028, and August 27, 2043
• - Coupon Rates: CPI + 4.90% and CPI + 5.15%

Participants in the meetings will vote on the proposed merger and must familiarize themselves with the necessary procedures and requirements for their participation.

Ecopetrol's Position in the Energy Sector

Ecopetrol stands as a cornerstone of Colombia's economy, being responsible for over 60% of hydrocarbon production in the region. The company not only commands leading roles in refining and transportation systems but has also ventured into international territories, engaging in the exploration of strategic basins across the Americas, including operations in the U.S., Brazil, and Mexico. Following the acquisition of a 51.4% share in ISA, Ecopetrol is also involved in energy transmission and has made significant strides in establishing a presence in a variety of sectors, including telecommunications.

As forward-looking statements regarding the future outcomes and impacts of these developments, Ecopetrol encourages all stakeholders to evaluate risks and realize that market conditions can affect their strategies and investments. For further information on the bondholders' meetings, Ecopetrol hosts a comprehensive set of guidelines on their official website, ensuring all participants are adequately prepared for this pivotal event in their corporate journey.