Investor Presentaiton

2 Strong Corporate Governance underlying the energy transition ecoPETROL Ecopetrol relies on transparency, governance and control practices that promote good Corporate Governance in order to generate trust among stakeholders and guarantee sustainability of the business SHAREHOLDERS STAKEHOLDERS bvc ir Investor Relations benchmark ALAS20 #1 company in Investor Relations in General Shareholders Meeting: high coverage >5% stake shareholders can bring Colombia 2022 and access CDP TCFD Transparency and proposals to BoD disclosure of reports Integrated Sustainable Management Report Annual Corporate Governance 2022 Report Increasing alignment with new government in Energy Transition Goals and climate change risks and opportunities New Government Focus on accelerated energy transition + national energy security ■ Fuel import substitution Stability of national trade balance ■ Renewable energy H Five Strategic Lines ✓ Build and generate value through an efficient, clean and safe production ✓ Accelerate and prioritize decarbonization and energy efficiency ✓ Circular water management ✓ Support local development in areas of operations ✓ Generate trust in social context through various initiatives focused on inclusion and reactivating local economies TOP MANAGEMENT CEO appointed by the Board of Directors Succession policy Engagement model Clear decision-making and attributions scheme ☐ Top Management Committees S&P Global Ecopetrol has participated in the DJSI Ratings evaluation process for three consecutive years (1) BoD and management' vast experience 2040 vision ~ USD 105 MM social investment 230K non-oil jobs by 2040 2 MM Colombians with improved education 6 Committees BOARD OF DIRECTORS www Succession policy and competence matrix Independent board members: 7 out of 9 8th & 9th BoD lines defined by O&G Producer Departments and Minority Shareholders BoD's composition to consider criteria of gender, diversity and inclusion Strategy and business plan approval: BoD considers corporate responsibility, environmental, social, governance, technology and innovation criteria Source: 2022 20-F form, Prospectus Supplement Note: Amounts stated in USD have been translated for the convenience of the reader at the rate of COP$4,810.20 to US$1.00, FY 2022 11

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