Ecopetrol: 2019 Earnings Distribution

Immediate Frontier

(Ecopetrol, 28.Mar.2020) — Ecopetrol S.A. informs that the ordinary General Shareholders’ Meeting, held on March 27, 2020, approved the earnings distribution proposal presented for their consideration,  which establishes the distribution of an ordinary dividend per share of one hundred and eighty pesos (COP$ 180).

The dividend of the minority shareholders will be paid in a single installment on April 23, 2020.

The dividend of the majority shareholder will be paid in two installments: 14% of the dividend on April 23, 2020, and the payment of the remaining 86% of the dividend to be disbursed in the second half of 2020.

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