Ecopetrol S.A.

Ecopetrol S.A. announced a significant agreement with the Colombian Government to settle outstanding balances from the Fuel Price Stabilization Fund (FEPC) for the first quarter of 2025. The total amount involved is COP 1.6 trillion, with the majority share of COP 1.2 trillion allocated to Ecopetrol S.A. and the remaining COP 0.4 trillion to its subsidiary, Refinería de Cartagena S.A.S. This agreement follows Resolutions 00368 and 00369 issued by the Ministry of Mines and Energy on March 31, 2026. The structured payment plan involves an immediate cash transfer of approximately COP 2.89 billion scheduled for April 1, 2026, followed by a substantial payment of approximately COP 1.55 trillion in Treasury Securities (TES) issued by the Republic of Colombia, scheduled for December 15, 2026. A notable term of the agreement is the Nation's acknowledgment of financing costs associated with the delay until the final payment date in December 2026. This development confirms the government's obligation and represents a critical step in reducing the FEPC balances that have historically impacted the cash flow of the Ecopetrol Group. The company continues to coordinate with the Ministries of Finance and Mines and Energy regarding fuel pricing policy and payment mechanisms.