<SEC-DOCUMENT>0001292814-24-000155.txt : 20240119
<SEC-HEADER>0001292814-24-000155.hdr.sgml : 20240119
<ACCEPTANCE-DATETIME>20240119060308
ACCESSION NUMBER:		0001292814-24-000155
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20240331
FILED AS OF DATE:		20240119
DATE AS OF CHANGE:		20240119

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ECOPETROL S.A.
		CENTRAL INDEX KEY:			0001444406
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		ORGANIZATION NAME:           	01 Energy & Transportation
		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:		24543635

	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>ec20240118_6k.htm
<DESCRIPTION>6-K
<TEXT>

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

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

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<DIV style="BORDER-TOP: black 2pt solid; WIDTH: 100%; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center"></DIV></DIV>

<P style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 0px; 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">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>

<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">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 January, 2024</FONT></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">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>

   <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">N.A.</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">(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>

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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">(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>

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

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

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<DIV style="MARGIN-BOTTOM: 12pt; MARGIN-TOP: 6pt; PAGE-BREAK-BEFORE: always">

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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>

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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">&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/ Ana Milena L&oacute;pez Rocha</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">Ana Milena L&oacute;pez Rocha</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 face=times><FONT><FONT style="FONT-SIZE: 10pt">Date: <FONT face="Times New Roman">January 19</FONT>, 2024</FONT></FONT></FONT></P>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99-1.htm
<DESCRIPTION>EX-99.1
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<P STYLE="text-align: center; font: 11pt/107% Verdana, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 8pt"><B><IMG SRC="ec202401186k_001.jpg" ALT=""></B></P>

<P STYLE="font: 14pt/107% Arial, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>S&amp;P maintains Ecopetrol's credit rating at BB+
and changes its outlook from stable to negative</B></P>

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

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></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 S.A. (BVC: ECOPETROL; NYSE: EC) informs that
S&amp;P Global Ratings (&ldquo;S&amp;P&rdquo;) modified the outlook of Ecopetrol&rsquo;s credit rating from stable to negative, as a result
of the review in the outlook of Colombia's credit rating, also from stable to negative.</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">Likewise, S&amp;P confirmed that Ecopetrol's global
rating is maintained at 'BB+' and ratified its independent credit profile (Stand-Alone) with investment grade at 'bbb-', stating that
a review of Ecopetrol's independent profile is not expected during the next 12 months.</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">Finally, S&amp;P has stated that Ecopetrol will continue
to play an important role in the Colombian economy, and given the Government's participation in the company, its rating will correlate
to that of Colombia.</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">The report issued by S&amp;P on January 18, 2024 announcing
the change in the rating outlook will be published in a future statement.</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 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 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 Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>Bogota D.C., January 18, 2024</B></P>

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

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

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

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

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><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), Brazil, and Mexico, 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/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>


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<P STYLE="text-align: center; font: 11pt/107% Verdana, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 8pt"><B><IMG SRC="ec202401186k_001.jpg" ALT=""></B></P>

<P STYLE="font: 14pt/107% Arial, Helvetica, Sans-Serif; margin: 0 0 8pt; text-align: center"><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"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Head of Capital Markets</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"><U>investors@ecopetrol.com.co</U></FONT></P>

<P STYLE="font: 6pt 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>Head of Corporate Communications (Colombia) </B></P>

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

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


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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
