Ongoing Customs Adjustment Procedure Initiated by the Colombian Tax and Customs Authority

BOGOTA, Colombia, July 2, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, the "Company" or "Ecopetrol") reports that, on June 3, 2025, the Colombian Tax and Customs Authority ("DIAN") notified Ecopetrol of Special Customs Requirement No. 525, in accordance with its interpretation of the law and pursuant to the applicable customs procedures. In this notice, DIAN announced its intention to issue an official adjustment assessment related to the Value Added Tax (VAT) on the import of diesel fuel (ACPM), and a penalty. The total amount of the proposed adjustment and penalty is COP 1.2 trillion, plus estimated interest of COP 0.5 trillion as of the date of the notice. This adjustment and penalty cover imports from 2022 to 2024.

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