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Decisions Adopted by the Shareholders in Ordinary General Meeting held on March 27, 2026

prnewswire.com
EC The article details the outcomes of Ecopetrol's Ordinary General Shareholders' Meeting. While most agenda items, including the approval of financial statements and a merger, received overwhelming approval, the dividend distribution proposals showed significant division among shareholders, indicating a neutral sentiment due to the mixed voting results on key financial matters.

Decisions Adopted by the Shareholders in Ordinary General Meeting held on March 27, 2026 BOGOTA, Colombia, March 30, 2026 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that its Ordinary General Shareholders' Meeting took place on March 27, 2026, at 9:21 a.m., after the Company duly convened the meeting in accordance with all applicable legal and bylaw requirements. During the meeting, shareholders voted on each item on the agenda as detailed below:

The shareholders voted on the agenda items as follows:

Matter submitted for consideration by the General Shareholders' Meeting

Agenda proposed by Ecopetrol in the notice of meeting

Agenda proposed in the notice of meeting, including the item regarding the President's resignation

Blank vote

Abstention

Approval of the agenda

93.69422215 %

0.00356336 %

0.00004189 %

6.3021726 %

Matter submitted for consideration by the General Shareholders' Meeting

Significance of the affirmative vote

Significance of the negative vote

Blank vote

Abstention

Appointment of the Chair of the General Shareholders' Meeting

95.67111213 %

0.00158671 %

0.00019837 %

4.3271028 %

Appointment of the Election and Ballot Counting Committee of the General Shareholders' Meeting

95.73857915 %

0.00120232 %

0.00020311 %

4.26001542 %

Appointment of the Committee for the Review and Approval of the Minutes of the General Shareholders' Meeting

99.9713716 %

0.0010562 %

0.00018081 %

0.02739139 %

Approval of the Board of Directors' Report on Corporate Governance

95.68114896 %

4.26811301 %

0.05064543 %

0.0000926 %

Approval of the 2025 Integrated Management Report

95.66650238 %

4.27560784 %

0.05067245 %

0.00721732 %

Approval of the audited individual and consolidated financial statements 2

97.40315769 %

2.53925455 %

0.05063641 %

0.00652545 %

Matter submitted for consideration by the General Shareholders' Meeting

Proposal 1: Ecopetrol: Distribute 110 pesos per share and pay dividends to all shareholders in a single installment no later than April 30, 2026

Proposal 2

National Government – Ministry of Finance and Public Credit: Distribute 121 pesos per share, with dividends to minority shareholders to be paid in a single installment no later than April 30, 2026, while the majority shareholder is to receive a payment of four trillion pesos ($4.0 trillion) no later than April 30, 2026, and the remaining amount no later than June 30, 2026

Proposal 3 (Pablo Emilio Martínez Corredor)

To distribute 130 pesos per share and to pay dividends to shareholders in a single installment no later than April 30, 2026

Abstention

Blank Vote

Presentation and approval of the proposed profit distribution plan for Ecopetrol shareholders

8.72404226 %

90.91514288 %

0.29664358 %

0.01358579 %

0.05058549 %

Matter submitted for consideration by the General Shareholders' Meeting

Significance of the affirmative vote

Significance of the negative vote

Blank vote

Abstention

Consideration and approval of the merger and the merger agreement to be entered into between Ecopetrol (the acquiring company) and Parque Solar Portón del Sol S.A.S. (the acquired company)

99.26774214 %

0.68162423 %

0.05058601 %

0.00004761 %

Request for consideration and approval of a bylaw amendment by pension funds managed by Colfondos S.A. Pensiones y Cesantías – ACCAI (Colfondos)

0.69508317 %

0.08493806 %

0.00001195 %

99.21996682 %

Ecopetrol is Colombia's largest company and one of the leading integrated energy companies in the Americas, with more than 19,000 employees. In Colombia, it is responsible for more than 60% of hydrocarbon production, most of the hydrocarbon transportation, logistics, and refining system, and has leading positions in petrochemicals and gas distribution. With the acquisition of 51.4% of ISA's shares, it participates in energy transmission, real-time systems management (XM), and the Barranquilla-Cartagena coastal road concession. Internationally, Ecopetrol has a presence in strategic basins in the Americas, with E&P operations in the United States (Permian Basin and Gulf of Mexico), Brazil, and Mexico. Through ISA and its subsidiaries, it holds leading positions in the energy transmission business in Brazil, Chile, Peru, and Bolivia, as well as in road concessions in Chile and telecommunications.

For more information, please contact:

Investor Relations Department

Email: [email protected]

Media Relations (Colombia)

Marcela Ulloa Beltrán

Email: [email protected]

SOURCE Ecopetrol S.A.