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Investor Presentaiton

Stability and flexibility amid a challenging environment Transported volumes (mbd) Revenue (COP Tn) EBITDA (COP Tn) 1,137 1,136 1,071 1,068 2.57 3.05 3.18 2.49 260 263 2.73 2.19 266 272 2.50 1.94 805 796 877 873 78% 80% 84% 78% 1Q 17 1Q 18 1Q 19 1Q 20 1Q 17 1Q 18 1Q 19 1Q 20 1Q 17 1Q 18 1Q 19 1Q 20 Products Crude EBITDA margin 2020 Milestones 47% 0000 Growth Opportunities Refined Products Support demand growth Protect market share and increase reliability through strategic investments Strategic storage in the transport network supports the continuity of E&P operations 47% share of Group's EBITDA in 1Q 20 Figures calculated with the average exchange rate of each quarter. Relief measures agreed upon provide liquidity to oil producers Maximize synergies between segment companies 17
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