Group 1 - Ecopetrol's employees have elected Mr. Cesar Eduardo Loza Arenas as their candidate to the Board of Directors, making him the seventh director on the slate proposed by the Government of Colombia [1] - The complete slate of nominees proposed by the Government of Colombia is pending the completion of certain corporate procedures [2] Group 2 - 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]
Ecopetrol Announces Employee Elected to the Board of Directors on Slate Proposed by Government of Colombia as a Result of Voting Process