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(10.2%) Excluding the effect of expenses associated to the Voluntary Retirement Plan, EBITDA amounts to COP 4,629 billion in 4Q20 and COP 17,471 billion as of year-end. The figures included in this report were extracted from the Company s audited financial statements. The financial information is expressed in billions of Colombian pesos (COP), or US dollars (USD), or thousands of barrels of oil equivalent per day (mboed) or tons, as noted. For presentation purposes, certain figures in this report were rounded to the nearest decimal place. Forward-looking statements: This release may contain forward-looking statements related to business prospects, estimates on operating and financial results, and Ecopetrol s growth. These are projections and, as such, are based solely on management s expectations regarding the future of the Company and its continued access to capital in order to finance the Company s business plan. These forward-looking statements basically depend on changes in

United statesGulf of mexicoMexico generalJuan pabloNuevo leóxJorge mauricio tellezApoyo paInternational financial reporting standardsWorld economic forum stakeholder capitalism metricsEcopetrol groupResearch pilotNational hydrocarbons agencyContract for researchNational governmentFinancial summary income statementVoluntary retirement plan