Ecopetrol informs that it decided to advance in its transformation to be the integral energy company of Colombia.

With that objective and to face the challenges of the environment and the energy transition, the company yesterday presented a non-binding offer to acquire the participation that the Nation-Ministry of Finance and Public Credit has in Interconnection Electrica SAESP (ISA), equivalent to 51, 4% of outstanding shares.

This decision responds to the Ecopetrol Group's strategy that seeks to strengthen its leadership in the hydrocarbon chain in the American continent, while accelerating its energy transition with an ambitious plan to reduce emissions, grow in renewable sources, and increase gas production. natural and participation in other fields of energy, including transmission, all leveraged on digital transformation and technological convergence.

The investment in ISA would represent a transformational step in the positioning of the Ecopetrol Group to lead this energy transition and advance in decarbonization. The Group would be strengthened with world-class energy infrastructure assets that would generate a material stream of income in low-emission businesses. The transaction has great potential to generate value thanks to the growing demand for energy and the incorporation of new renewable sources that need to be connected to end users, as well as the expected increase in electrification. These conditions not only apply to Colombia, but to all of Latin America.

ISA is a leader in the continent with significant positions in the transmission of electricity in Colombia, Brazil, Chile and Peru, among other countries. It stands out for its outstanding financial and operating results, and a robust growth plan that Ecopetrol would maintain. It is also recognized for being 'carbon neutral' in several of its operations, its high standards of Corporate Governance and excellent human talent that would contribute to the consolidation of a cultural model of excellence in the Group.

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