Ecopetrol On 2019 Earnings Distribution

(Ecopetrol, 22.Apr.2020) — Ecopetrol S.A. informs the ordinary General Shareholders’ Meeting, held on 7 March 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 23 April.

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

The ex-dividend period refers to the period during which a share purchase transaction does not include the right to receive dividends from the buyer. This period covers the time between the first dividend payment working day and the four (4) trading business days immediately prior to said date.

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