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Investor Presentaiton

EBITDA Reconciliation (COP BN) 2022 9M $22 9M '23 9M A% Net income attributable to the owners of Ecopetrol 31,605 24,771 17,638 -28.8% (+) Depreciation, amortization and depletion 12,129 8,757 10,063 14.9% (+/-) Impairment of long-term assets 288 6 11 83.3% (+/-) Financial result, net 6,835 5,366 4,180 -22.1% (+) Income tax 18,964 16,214 11,477 -29.2% (+) Taxes and others (1) 1,946 1,463 1,735 18.6% (+/-) Non controlling interest 3,595 2,760 3,455 25.2% Consolidated EBITDA 75,362 59,337 48,559 -18.16% (÷) Revenue EBITDA Margin (%) 159,611 119,899 108,391 -9.6% 47.20% 49.49% 44.80% -9.48% Source: 2022 20-F form, Form 3Q'23 6-K, Prospectus Supplement (1) Comprises taxes and contributions related to fixed costs of sales, taxes related to administrative expenses, taxes related to operations and project expenses, and fees for regulatory entities ecoPETROL GROUP 16
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