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Ecopetrol publishes measures to guarantee the adequate representation of its Shareholders at the Ordinary General Shareholders' Meeting to be held on March 28, 2025
ECEcopetrol(EC) Prnewswire·2025-02-22 00:34

Core Viewpoint - Ecopetrol S.A. is implementing measures to ensure adequate representation of shareholders at the upcoming Ordinary General Shareholder's Meeting scheduled for March 28, 2025 [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 holds leading positions in petrochemicals and gas distribution [3]. - Ecopetrol has acquired 51.4% of ISA's shares, expanding its involvement in energy transmission and other sectors [3]. - Internationally, Ecopetrol has operations in strategic basins in the U.S., Brazil, and Mexico, and holds significant positions in power transmission in Brazil, Chile, Peru, and Bolivia [3]. Shareholder Representation Measures - The company will inform shareholders of their right to appoint proxies and outline the legal requirements for such appointments [6]. - Proxies that do not meet legal requirements will not be accepted, and proxy forms must clearly define the appointed representative [6]. - Company administrators and employees are instructed to refrain from influencing proxy appointments or voting decisions [6]. - Proxies will be restricted from individuals linked to the company's administration or employees [6]. - The Vice-Presidency of Legal Affairs and Secretariat will oversee the review and verification of proxies [6].