In accordance with Resolution 116 of 2002, the Board of Directors of Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (“Ecopetrol” or the “Company”) approved the following measures to guarantee the adequate representation of the shareholders at the General Shareholders’ Meeting to be held on Wednesday, September 14th, 2016 (the “Meeting”):
1. Order the Company’s management to inform shareholders of their right to be represented at the Meeting through a proxy and the legal requirements that those proxies must satisfy.
2. Instruct the Company’s employees to participate in reviewing shareholder proxies and not to accept proxies that do not comply with the requirements established by Colombian law.