Ecopetrol S.A. (Ecopetrol), announced that it has commenced a tender offer for cash to purchase up to USD 1,000,000,000 in aggregate principal amount of its outstanding 5.875% Senior Notes due 2023 (CUSIP: 279158 AC3 /ISIN: US279158AC30). The Offer is being made pursuant to Ecopetrol's Offer to Purchase, dated January 17, 2023, which sets a comprehensive description of the terms of the Offer. The Offer will expire at 11:59 p.m., New York City time, on February 13, 2023, unless extended or terminated earlier.áHolders who validly tender and do not validly withdraw Notes on or prior to 5:00 p.m., New York City time, on January 30, 2023, that are accepted for purchase by Ecopetrol will receive the Total Consideration, which includes the "Early Tender Premium" indicated in the table below, with respect to Notes validly tendered (and not validly withdrawn) and accepted for purchase subject to the Maximum Tender Amount.

áNotes validly tendered in the Offer may not be withdrawn after 5:00 p.m., New York City Time, on January 30, 2023 (unless extended by "Withdrawal Date"), except as may be required by applicable law. Holders who validly tender (and do not validly withdraw) Notes after the Early Tender Date but prior to the Expiration Date, which Notes are accepted for purchase will receive the Tender Consideration, subject to the Maximum Tender Amount.á In addition to the Total Consideration or Tender Consideration (as applicable) for the Notes validly tendered and accepted for purchase, Holders will also receive accrued and unpaid interest from, and including, the last interest payment date up to, but excluding, the applicable Settlement Date, which will be paid in cash on the applicable Settlement Date.