<SEC-DOCUMENT>0001292814-23-002400.txt : 20230523
<SEC-HEADER>0001292814-23-002400.hdr.sgml : 20230523
<ACCEPTANCE-DATETIME>20230523083708
ACCESSION NUMBER:		0001292814-23-002400
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20230630
FILED AS OF DATE:		20230523
DATE AS OF CHANGE:		20230523

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ECOPETROL S.A.
		CENTRAL INDEX KEY:			0001444406
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			F8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34175
		FILM NUMBER:		23946619

	BUSINESS ADDRESS:	
		STREET 1:		CARRERA 7 NO 37-69
		CITY:			BOGOTA
		STATE:			F8
		ZIP:			00000
		BUSINESS PHONE:		5712345000

	MAIL ADDRESS:	
		STREET 1:		CARRERA 7 NO 37-69
		CITY:			BOGOTA
		STATE:			F8
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ec20230523_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>

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<P style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px; TEXT-ALIGN: center">&nbsp;</P>

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<P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT face=times><FONT><B><FONT style="FONT-SIZE: 10pt">UNITED STATES</FONT></B></FONT></FONT></P>

<P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT face=times><FONT><B><FONT style="FONT-SIZE: 10pt">SECURITIES AND EXCHANGE COMMISSION</FONT></B></FONT></FONT><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt"><BR></FONT></FONT></FONT><FONT face=times><FONT><B><FONT style="FONT-SIZE: 10pt">Washington, D.C. 20549</FONT></B></FONT></FONT></P>

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<P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT face=times><FONT><B><FONT style="FONT-SIZE: 10pt">FORM 6-K</FONT></B></FONT></FONT></P>

<P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center">&nbsp;</P>

<P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT face=times><FONT><B><FONT style="FONT-SIZE: 10pt">REPORT OF FOREIGN PRIVATE ISSUER</FONT></B></FONT></FONT><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt"><BR></FONT></FONT></FONT><FONT face=times><FONT><B><FONT style="FONT-SIZE: 10pt">PURSUANT TO RULE 13a-16 OR 15d-16 UNDER</FONT></B></FONT></FONT><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt"><BR></FONT></FONT></FONT><FONT face=times><FONT><B><FONT style="FONT-SIZE: 10pt">THE SECURITIES EXCHANGE ACT OF 1934</FONT></B></FONT></FONT></P>

<P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center">&nbsp;</P>

<P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt">For the month of May, 2023</FONT></FONT></FONT></P>

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<P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt">Commission File Number 001-34175</FONT></FONT></FONT></P>

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   <TD style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center"><FONT><FONT face=times><FONT><FONT style="FONT-SIZE: 14pt; VERTICAL-ALIGN: top">ECOPETROL S.A.</FONT></FONT></FONT></FONT></TD></TR>

<TR>

   <TD style="TEXT-ALIGN: center">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">(Exact name of registrant as specified in its charter)</FONT></FONT></FONT></P>

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   <TD style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">N.A.</FONT></FONT></FONT></TD></TR>

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   <TD style="TEXT-ALIGN: center">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">(Translation of registrant&#8217;s name into English)</FONT></FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center">&nbsp;</P></TD></TR>

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   <TD style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">COLOMBIA</FONT></FONT></FONT></TD></TR>

<TR>

   <TD style="TEXT-ALIGN: center">

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">(Jurisdiction of incorporation or organization)</FONT></FONT></FONT></P>

   <P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center">&nbsp;</P></TD></TR>

<TR>

   <TD style="TEXT-ALIGN: center"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Carrera 13 No. 36 &#8211; 24</FONT></FONT></FONT></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">BOGOTA D.C. &#8211; COLOMBIA</FONT></FONT></FONT></TD></TR>

<TR>

   <TD style="TEXT-ALIGN: center"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">(Address of principal executive offices)</FONT></FONT></FONT></TD></TR></TABLE></DIV>

<P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">&nbsp;</P>

<P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt">Form 20-F&nbsp;</FONT></FONT></FONT><FONT><FONT face=wingdings><FONT><FONT style="FONT-SIZE: 10pt">x</FONT></FONT></FONT></FONT><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form 40-F </FONT></FONT></FONT><FONT><FONT face=wingdings><FONT><FONT style="FONT-SIZE: 10pt">&#168;</FONT></FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0pt 0px">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1)</FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">&nbsp;</P>

<P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt">Yes </FONT></FONT></FONT><FONT><FONT face=wingdings><FONT><FONT style="FONT-SIZE: 10pt">&#168;</FONT></FONT></FONT></FONT><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No </FONT></FONT></FONT><FONT><FONT><FONT face=wingdings><FONT><FONT style="FONT-SIZE: 10pt">x</FONT></FONT></FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0pt 0px">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)</FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">&nbsp;</P>

<P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt">Yes </FONT></FONT></FONT><FONT><FONT><FONT face=wingdings><FONT><FONT style="FONT-SIZE: 10pt">&#168;</FONT></FONT></FONT></FONT></FONT><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No </FONT></FONT></FONT><FONT><FONT><FONT face=wingdings><FONT><FONT style="FONT-SIZE: 10pt">x</FONT></FONT></FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0pt 0px">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt">Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in">&nbsp;</P>

<P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt">Yes </FONT></FONT></FONT><FONT><FONT face=wingdings><FONT><FONT style="FONT-SIZE: 10pt">&#168;</FONT></FONT></FONT></FONT><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No </FONT></FONT></FONT><FONT><FONT><FONT face=wingdings><FONT><FONT style="FONT-SIZE: 10pt">x</FONT></FONT></FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0pt 0px">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt">If &#8220;Yes&#8221; is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- </FONT></FONT></FONT><FONT face=times><FONT><U><FONT style="FONT-SIZE: 10pt">N/A</FONT></U></FONT></FONT></P>

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<P style="MARGIN-BOTTOM: 0pt; MARGIN-TOP: 0pt; TEXT-ALIGN: center"><FONT face=times><FONT><B><FONT style="FONT-SIZE: 10pt">SIGNATURES</FONT></B></FONT></FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0pt 0px">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0pt 0px; TEXT-INDENT: 0.5in"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</FONT></FONT></FONT></P>

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   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">&nbsp;</FONT></FONT></FONT></FONT></TD>

   <TD colSpan=3 noWrap><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Ecopetrol S.A.</FONT></FONT></FONT></FONT></TD>

   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">&nbsp;</FONT></FONT></FONT></FONT></TD></TR>

<TR>

   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">&nbsp;</FONT></FONT></FONT></FONT></TD>

   <TD colSpan=3 noWrap><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">&nbsp;</FONT></FONT></FONT></FONT></TD>

   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">&nbsp;</FONT></FONT></FONT></FONT></TD></TR>

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   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">&nbsp;</FONT></FONT></FONT></FONT></TD>

   <TD style="WHITE-SPACE: nowrap">

   <P style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px"><FONT><FONT color=black face="times new roman, times, serif"><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">By:&nbsp;&nbsp;</FONT></FONT></FONT></FONT></P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid" colSpan=2 noWrap><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">/s/ Jaime Caballero Uribe</FONT></FONT></FONT></FONT></TD>

   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">&nbsp;</FONT></FONT></FONT></FONT></TD></TR>

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   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">&nbsp;</FONT></FONT></FONT></FONT></TD>

   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">&nbsp;</FONT></FONT></FONT></FONT></TD>

   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face="times new roman, times, serif"><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Name:&nbsp;&nbsp;</FONT></FONT></FONT></FONT></TD>

   <TD style="WHITE-SPACE: nowrap">

   <P style="MARGIN: 0pt 0px"><FONT face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Jaime Caballero Uribe</FONT></FONT></FONT></P></TD>

   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">&nbsp;</FONT></FONT></FONT></FONT></TD></TR>

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   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">&nbsp;</FONT></FONT></FONT></FONT></TD>

   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">&nbsp;</FONT></FONT></FONT></FONT></TD>

   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Title:</FONT></FONT></FONT></FONT></TD>

   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">Chief Financial Officer</FONT></FONT></FONT></FONT></TD>

   <TD style="WHITE-SPACE: nowrap"><FONT><FONT color=black face=times><FONT><FONT style="FONT-SIZE: 10pt; VERTICAL-ALIGN: top">&nbsp;</FONT></FONT></FONT></FONT></TD></TR></TABLE></DIV>

<P style="MARGIN: 0pt 0px">&nbsp;</P>

<P style="MARGIN: 0pt 0px"><FONT STYLE="font-family: times; font-size: 10pt">Date: May 23, 2023</FONT></P>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99-1.htm
<DESCRIPTION>EX-99.1
<TEXT>
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<P STYLE="margin: 0"></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><IMG SRC="ec20230523_001.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Ecopetrol reached an agreement with Labor Unions
for a new Collective Bargaining Agreement</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that
on May 22<SUP>nd</SUP>, 2023, it reached an agreement with the Uni&oacute;n Sindical Obrera (USO) for a new Collective Bargaining Agreement.
The new Collective Bargaining Agreement will be retroactively effective from January 1st, 2023, and will be valid for a four-year term.
In addition, agreements were also reached with the following labor unions: Asintrahc, Asopetrogas, Asteco, Sintramen, SUP and Utipec.</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In relation to wages, the parties agreed: for 2023,
an annual wage increase of Colombian CPI + 1.5%, and, for 2024-2026, annual wage increases of Colombian CPI + 1.6%.</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The agreements also include a commitment to continue
promoting diversity, equity, and inclusion with a gender focus in the workplace, and to improve the well-being of workers, while also
complying with criteria based on reasonableness, austerity and efficiency. The parties also agreed to allocate resources for social investment
projects and energy transition forums.</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Ecopetrol acknowledges the commitment and professionalism
of the negotiating teams, all of whom contributed to the success of a new Collective Bargaining Agreement, which will improve the Company&rsquo;s
sustainability standards and the welfare of its workforce and contribute to the development of the Country.</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt 35.4pt; text-align: right; text-indent: -35.4pt"><B>Bogot&aacute;
D.C., May 23, 2023</B></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt">-----------------------------------------</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"><I>Ecopetrol is the largest
company in Colombia and one of the main integrated energy companies in the American continent, with more than 18,000 employees. In Colombia,
it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems,
and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA&rsquo;s shares,
the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal highway
concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration
operations in the United States (Permian basin and the Gulf of Mexico) and Brazil, and, through ISA and its subsidiaries, Ecopetrol holds
leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications
sector. This press release contains business prospect statements, operating and financial result estimates, and statements related to
Ecopetrol's growth prospects. These are all projections and, as such, they are based solely on the expectations of the managers regarding
the future of the company and their continued access to capital to finance the company's business plan. The realization of said estimates
in the future depends on the behavior of market conditions, regulations, competition, and the performance of the Colombian economy and
the industry, among other factors, and are consequently subject to change without prior notice.</I></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"><I>&nbsp;</I></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"><I>This release contains statements
that may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and
Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All forward-looking statements, whether made in this release or in
future filings or press releases, or orally, address matters that involve risks and uncertainties, including in respect of the Company&rsquo;s
prospects for growth and its ongoing access to capital to fund the Company&rsquo;s business plan, among others. Consequently, changes
in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements:
market prices of oil &amp; gas, our exploration, and production activities, reserves, market conditions, applicable regulations, the exchange
rate, the Company&rsquo;s competitiveness and the performance of Colombia&rsquo;s economy and industry, to mention a few. We do not intend
and do not assume any obligation to update these forward-looking statements.</I></P>


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<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; text-align: center; background-color: white">&nbsp;<IMG SRC="ec20230523_001.jpg" ALT=""></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"><B>For more information, please contact: </B></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Head of Capital Markets (a)</B></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">Carolina Tovar Arag&oacute;n</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">Email: <FONT STYLE="color: Blue">investors@ecopetrol.com.co</FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Head of Corporate Communications (a)</B></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">Juan Guillermo Londo&ntilde;o</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">Correo electr&oacute;nico: <FONT STYLE="color: Blue">juan.londono@ecopetrol.com.co</FONT></P>



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