BUSINESS COMMITTEE CORPORATE GOVERNANCE AND SUSTAINABILITY COMMITTEE Luis Felipe Henao Cardona (Chairperson) REMUNERATION, APPOINTMENTS, AND CULTURE COMMITTEE HSE COMMITTEE BOGOTA, Colombia, April 24, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that the Board of Directors, in its session on April 22 and 23, 2025, decided that Guillermo García Realpe and Mónica de Greiff Lindo will continue in their roles as Chairperson and Vice-Chairperson of the Board of Directors, respectively. ...

Financial Performance - Ecopetrol reported a net income attributable to owners of Ecopetrol, reflecting overall financial performance improvements[34]. - The financial plan for 2025 anticipates transfers to the Nation of approximately COP 35 trillion (USD 8.4 billion) through dividends, royalties, and taxes[77]. Production and Reserves - Oil and gas production increased to 745.8 mboed in 2024, up from 736.6 mboed in 2023, representing a growth of 1.6%[34]. - Proved oil and gas reserves stood at 1,893 mmboe in 2024, slightly up from 1,883 mmboe in 2023, indicating a stable reserve base[34]. - The 1P reserves replacement ratio improved to 104% in 2024, significantly higher than the 48% recorded in 2023[34]. - The company confirmed its position as the largest operator and producer of crude oil and natural gas in Colombia as of December 31, 2024[110]. - Ecopetrol S.A. accounted for approximately 63.6% of crude oil production and 59.9% of natural gas production in Colombia in 2024[146]. Exploration Activities - The company is actively involved in exploration activities both within Colombia and internationally, aiming to increase its reserves and production output[18]. - The number of exploratory wells drilled decreased to 16 in 2024 from 26 in 2023, indicating a reduction in exploration activity[34]. - Ecopetrol's exploration strategy focuses on high reward projects in Colombian onshore and offshore basins, as well as international areas like the Gulf of Mexico[112]. - In 2024, Ecopetrol drilled 15 exploration and appraisal wells in Colombia, with 6 successful wells and 6 dry wells[117]. Investment Plans - The 2025 investment plan aims to enhance operational efficiency and expand production capabilities[18]. - The 2025 Investment Plan has a budget between COP 24 trillion (USD 5.9 billion) and COP 28 trillion (USD 6.9 billion), focusing on energy security and transition[71]. - Approximately COP 17.2 trillion (USD 4.0 billion) is allocated for upstream investments, targeting crude oil production of 740,000 to 750,000 barrels of oil equivalent per day in 2025[71]. - The company plans to invest between COP 20 trillion and COP 30 trillion annually by 2040, focusing on enhanced recovery technologies and Caribbean offshore gas developments[55]. Environmental and Sustainability Initiatives - Ecopetrol's strategy includes a 2040 vision focused on energy transition and generating value through TESG (Technology, Environment, Social, and Governance) initiatives[18]. - The long-term strategy aims for a 55% reduction in methane emissions by 2030 and net-zero carbon emissions by 2050[49]. - Ongoing investments in technology and innovation are aimed at improving operational efficiency and reducing carbon emissions[30]. - The company intends to invest over USD 183 million in low-emission businesses over the next three years, including green hydrogen projects and carbon capture initiatives[58]. Market and Economic Context - The average Brent Crude oil price for 2024 was USD 79.84 per barrel, a decrease of USD 2.33 per barrel compared to 2023, while the forecasted price was USD 75 per barrel[37]. - Global oil consumption grew by 1 million barrels per day in 2024, below the pre-pandemic trend rate of 1.2 million barrels per day[38]. - The Colombian economy grew at a rate of 1.7% in 2024, up from 0.6% in 2023, driven by a 1.6% increase in private consumption and a decrease in the unemployment rate to 9.1%[46]. Operational Efficiency and Technology Development - The company is actively managing risks related to climate change and cybersecurity as part of its integrated risk management system[30]. - The company is actively pursuing new strategies for market expansion and technology development to enhance production capabilities[189]. - Future outlook includes potential increases in production capacity through new drilling initiatives and joint ventures[193]. - The company aims to optimize its resource management and operational strategies to improve overall performance in the upcoming fiscal periods[199].

Group 1 - Ecopetrol S.A. has published its year-end report for 2024, focusing on social and environmental practices, including climate issues, in compliance with Colombian financial regulations [1][2] - The company has confirmed that its financial statements and public reports are accurate, reflecting the true financial situation and operations of Ecopetrol S.A. [2] - Ecopetrol is the largest company in Colombia, responsible for over 60% of the country's hydrocarbon production, and holds significant positions in various energy sectors across the Americas [2] Group 2 - The company has acquired 51.4% of ISA's shares, expanding its involvement in energy transmission and other infrastructure projects [2] - Ecopetrol operates in strategic basins in the U.S., Brazil, and Mexico, and has a strong presence in power transmission and telecommunications in several South American countries [2]

Core Viewpoint - Ecopetrol S.A. is set to release its financial and operational results for Q1 2025 on May 6, 2025, followed by a virtual conference call on May 7, 2025, to discuss these results [1][2]. Company Overview - Ecopetrol is the largest company in Colombia and a major integrated energy company in the Americas, employing over 19,000 people [3]. - The company is responsible for more than 60% of Colombia's hydrocarbon production and has significant roles in transportation, logistics, and hydrocarbon refining [3]. - Ecopetrol holds a 51.4% stake in ISA, expanding its involvement in energy transmission and real-time systems management, as well as road concessions [3]. - Internationally, Ecopetrol has operations in strategic basins in the U.S. (Permian basin and Gulf of Mexico), Brazil, and Mexico, and leads in power transmission in Brazil, Chile, Peru, and Bolivia [3].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December, 2024 Commission File Number 001-34175 ECOPETROL S.A. (Jurisdiction of incorporation or organization) Carrera 13 No. 36 – 24 BOGOTA D.C. – COLOMBIA (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or ...

Group 1 - Ecopetrol's stock closed at $9.04, reflecting a -0.11% change, underperforming compared to the S&P 500's gain of 2.51% [1] - The stock has decreased by 10.22% over the past month, which is better than the Oils-Energy sector's loss of 12.78% but worse than the S&P 500's loss of 8.86% [1] - Upcoming earnings are projected at $0.39 per share, indicating a year-over-year decline of 22%, with revenue expected to be $7.35 billion, down 7.89% from the previous year [2] Group 2 - Recent changes in analyst projections for Ecopetrol are important as they reflect shifts in near-term business trends, with positive changes indicating analyst optimism [3] - The Zacks Rank system, which assesses estimated changes, currently rates Ecopetrol as 5 (Strong Sell), with a 30-day consensus EPS estimate decrease of 8.45% [5] - Ecopetrol's Forward P/E ratio is 5.22, which is lower than the industry average of 7.9, indicating a valuation discount [6] Group 3 - The Oil and Gas - Integrated - International industry, to which Ecopetrol belongs, ranks in the bottom 15% of all industries according to the Zacks Industry Rank [6] - The Zacks Industry Rank suggests that the top 50% of rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Viewpoint - Ecopetrol S.A. (EC) is facing significant profit risks due to declining oil prices, which could lead to a potential profit decrease of up to 12 trillion pesos by 2025 and may necessitate the cessation of production in certain fields [1][5]. Group 1: Oil Price Impact - The ongoing U.S.-China trade tensions have contributed to a drop in crude oil prices, with Brent crude currently around $65 per barrel and West Texas Intermediate near $62 per barrel [2]. - Brent futures traded close to $63.45 per barrel, raising concerns for Ecopetrol as many of its fields have breakeven production costs near this price [3]. - A $1 per barrel decrease in oil prices results in a decline of 900 billion pesos in EBITDA and a 700 billion peso reduction in net profit for Ecopetrol [5]. Group 2: Production Adjustments - Ecopetrol's president indicated that 20 to 30 fields may be at risk of shutdown, although these fields are not significant to the company's overall production [4]. - The company operates a total of 158 fields, and the decision to pause operations will depend on ongoing monitoring of oil prices [4]. Group 3: Financial Forecast - For 2025, Ecopetrol's average benchmark oil price is projected to be around $73 per barrel, but current prices are significantly lower, which could impact profits by up to 12 trillion pesos if the decline continues [5].

Group 1 - Ecopetrol signed an Investment Framework Agreement with AES Colombia to build 49% of the Jemeiwaa Ka'I wind cluster in La Guajira, which has an approximate capacity of 1,087 MW and includes a 35 km transmission line [1] - Ecopetrol is the largest company in Colombia, responsible for over 60% of the hydrocarbon production and holds leading positions in petrochemicals and gas distribution [2] - The company has a significant international presence with operations in the United States, Brazil, and Mexico, and holds leading positions in power transmission in Brazil, Chile, Peru, and Bolivia [2]

Company Overview - Ecopetrol is Colombia's largest petroleum company, involved in the exploration, production, and transportation of oil and natural gas [2] - The company's stock rose by 10% to $8.95, following a broader market rally due to President Trump's decision to pause tariff hikes, which positively impacted oil and natural gas prices [1][2] Financial Performance - Ecopetrol is expected to report quarterly earnings of $0.58 per share, reflecting a year-over-year increase of 16% [3] - Revenue is anticipated to be $7.35 billion, which is a decrease of 7.9% compared to the same quarter last year [3] Market Sentiment and Stock Movement - The consensus EPS estimate for Ecopetrol has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [4] - The stock currently holds a Zacks Rank of 2 (Buy), suggesting positive investor sentiment [4]

Decisions Adopted at the Shareholders' Meeting of March 28, 2025 Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that during the ordinary General Shareholders' Meeting held on March 28, 2025, which was duly convened in accordance with the legal and statutory requirements applicable to the Company, the shareholders cast their votes on each of the below items on the agenda: · Approval of the agenda The proposed agenda for the meeting was approved. · Appointment of the Chair of the Meeting Mr. Guillermo Garc ...