Investor Presentaiton slide image

Investor Presentaiton

Energy that transforms - Strategic Milestones and Objectives 1 Continued Growth with Energy Transition (ET) On average, expect to invest between US$5.2 BN and US$6.0 BN annually by 2040 US$17.0 BN US$20.0 BN in organic investments between 2022 and 2024 4 Operation expansion in the Permian Basin (Texas, USA) US$2.27 BN - US$2.66 BN to be directed toward energy transition projects in 2024 Reduction of ~1 MM tons of CO2 equivalent emissions between 2024 and 2026 Competitive Returns Continuity of our strict capital discipline, the efficient use of resources, and the protection of cash 45% EBITDA Margin as of September 30th, 2023(1) ecoPETROL GROUP Generating Value through TESG Aim to take advantage of wind, solar, and geothermal energy technologies US$1.4 BN allocated from 2022 to 2024 (without ISA) towards projects to generate value with sustainability and technology Achieve net-zero carbon emissions (scopes 1 and 2) and a 50% reduction in total emissions (scopes 1, 2 and 3), both by 2050 Cutting-Edge Knowledge 70% of personnel in reskilling by 2030 (in order to face new challenges) US$913 MM to be allocated to technology, environmental, social and governance factors 3 Implementation of improved recovery technologies to maximize resources and protect the production curve against natural field decline Source: Form 3Q'23 6-K, 2022 20-F form, Prospectus Supplement, Company Filings Note: TESG refers to technology, environmental, social and governance. Note: Amounts stated in U.S. dollars have been translated for the convenience of the reader at the rate of COP$4053.76 to US$1.00, which is the Representative Market Rate at September 30, 2023, as reported and certified by the SFC (1) EBITDA reconciliation shown in appendix; EBITDA Margin calculated as EBITDA / Revenues. 6 2
View entire presentation