Business
Statement by Ecopetrol's Board of Directors
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that its Board of Directors concluded a meeting on March 24, 2026, during which, among other matters, the following issues were discussed:
About this update from Ecopetrol Sa
[{"type":"text","content":"BOGOTA, Colombia, March 25, 2026 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that its Board of Directors concluded a meeting on March 24, 2026, during which, among other matters, the following issues were discussed:","length":239,"tagName":"p"},{"type":"image","alt":"Ecopetrol Logo.","displaySize":"","headline":null,"caption":"Ecopetrol Logo.","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":141,"url":"https://media.zenfs.com/en/prnewswire.com/64c1ec96f8270155ad7ed5540c6b4ea8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/tPcUM1yMv2lJleRY68oH6g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI0OQ--/https://media.zenfs.com/en/prnewswire.com/64c1ec96f8270155ad7ed5540c6b4ea8","width":400,"height":141}}},{"type":"list","items":[{"val":[{"type":"text","content":"The communication sent by the UNIÓN SINDICAL OBRERA ("USO") titled "Request for Dr. Ricardo Roa Barragán to Be Removed from His Position as President of Ecopetrol." In this letter, the union expressed its position regarding the current situation of Mr. Ricardo Roa Barragán as President of Ecopetrol S.A. and indicated that a nationwide workers' mobilization may be convened if the Board does not take the requested actions.","length":448,"tagName":"p"}]},{"val":[{"type":"text","content":"Requests submitted by minority shareholders, which make reference, among others, to the public disclosure—of the decision issued by the Office of the Attorney General of Colombia, regarding the formal charges against the President, the Board of Directors' analyses of this situation, and questions about the possible activation of default clauses in existing contracts and potential non-compliance with regulations applicable to Ecopetrol.","length":443,"tagName":"p"}]},{"val":[{"type":"text","content":"The statement from attorney Diego Henao Vargas, legal representative of Luis Enrique Rojas Cuéllar, former President of Hocol S.A. ("Hocol"), a subsidiary of the Ecopetrol Group, who issued a response to Hocol's statement titled "Hocol Rejects Unfounded Allegations by a Former Company Official," demanding—as far as Ecopetrol is concerned—the resignation of Ecopetrol's current president. This statement was in response to Hocol's press release and included, among other matters, a call for t...