Investor Presentaiton

4 Navigating a highly volatile environment Commercial Management Price Basket US$/BI 32.5 95.5 90 71.7 65.2 6.8 3Q'22 3Q'23 Natural gas-export Crude oil export Product export Local and Foreign Sales mboed 410 426 363 358 Key Action Fronts 98 91 112 85 2 2 59 Crude oil- local Crude oil- Natural gas foreign local Natural gas- foreign Refined products - Refined products - local foreign ■3Q'22 ■3Q'23 Source: 2022 20-F form, Form 3Q'23 6-K, Prospectus Supplement Challenges High interest rate environment and inflationary pressures within energy sector Continued uncertainty surrounding the conflict between Russia and Ukraine, and in the Middle East Increased competition with Russian crudes traded at a discount Actions Taken ✓ Increased production in domestic and international operations Proactive sourcing Long-term contracting of drilling and workover fleet Strategic cash flow management Optimization of crude and product inventory levels Competitiveness and efficiency ecoPETROL GROUP 13

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