BOGOTA, Colombia, July 2, 2025/ PRNewswire/– Ecopetrol S.A. ECOPETROL EC the “, Business”, or “, Ecopetrol”,) reports that, on June 3, 2025, the Colombian Tax and Customs Authority (” DIAN”) alerted Ecopetrol of Unique Customizeds Requirement No. 525, in accordance with its analysis of the law and pursuant to the relevant custom-mades treatments. In this notification, DIAN revealed its intent to release a main modification evaluation associated to the Worth Included Tax (BARREL) on the import of diesel fuel (ACPM), and a charge. The overall quantity of the proposed modification and charge is POLICE 1.2 trillion, plus approximated interest of POLICE 0.5 trillion since the date of the notification. This modification and charge cover imports from 2022 to 2024.
Ecopetrol sent its reaction to the notification on July 1, 2025, officially opposing the proposed tax modification and the charge. DIAN’s notification and Ecopetrol’s reaction revealed the distinction in legal analyses in between DIAN and the Business.
Thinking About that DIAN has actually chosen to use its regulative analysis, Ecopetrol has actually been making barrel payments on the import of diesel and gas at the 19% rate because January 2025 It is essential to keep in mind that these payments do not impact Ecopetrol’s right to challenge DIAN’s analysis at the proper time and before the pertinent authorities.
Ecopetrol repeats its dedication to completely adhere to its tax and custom-mades responsibilities and will appreciate the choices released by the skilled authorities when solving this matter.
Ecopetrol is the biggest business in Colombia and among the primary integrated energy business in the American continent, with more than 19,000 workers. In Colombia, it is accountable for more than 60% of the hydrocarbon production of the majority of transport, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas circulation sections. With the acquisition of 51.4% of ISA’s shares, the Business takes part in energy transmission, the management of real-time systems (XM), and the Barranquilla – Cartagena seaside highway concession. At the worldwide level, Ecopetrol has a stake in tactical basins in the American continent, with Drilling and Expedition 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 company in Brazil, Chile, Peru, and Bolivia, roadway concessions in Chile, and the telecom sector.
This release includes declarations that might be thought about positive declarations within the significance of Area 27A of the U.S. Securities Act of 1933, as modified, and Area 21E of the U.S. Securities Exchange Act of 1934, as modified. All positive declarations, whether made in this release or in future filings or news release, or orally, address matters that include threats and unpredictabilities, consisting of in regard of the Business’s potential customers for development and its continuous access to capital to money the Business’s company strategy, to name a few. Subsequently, modifications in the list below aspects, to name a few, might trigger real outcomes to vary materially from those consisted of in the positive declarations: market value of oil & & gas, our expedition, and production activities, market conditions, relevant policies, the currency exchange rate, the Business’s competitiveness and the efficiency of Colombia’s economy and market, to discuss a couple of. We do not plan and do not presume any commitment to upgrade these positive declarations.
To learn more, please contact:
Head of Capital Markets (a)
Daniel Alexander Hurtado
Email: investors@ecopetrol.com.co
Head of Corporate Communications ( Colombia)
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co
SOURCE Ecopetrol S.A.