- Ordered the Company's management to inform shareholders of their right to be represented at the General Shareholders' Meeting through a proxy and the legal requirements that those proxies must satisfy.
- Instructed 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.
- Instructed the Company's management to inform the Company's managers and employees that they may not recommend to shareholders that they vote on certain way about any specific item.
- Instructed the Company's management to inform the Company's managers and employees not to suggest, coordinate, or agree with shareholders on the submission of shareholder proposals during the General Shareholders' Meeting.
- Instructed the Company's management to inform the Company's managers and employees not to suggest, coordinate or agree with shareholders voting in favor or against any given shareholder proposal presented at the General Shareholders' Meeting.
- Instructed the Company's management to inform Shareholders that they cannot grant proxies to persons who are directly, or indirectly, part of the company's management.
- Instructed the Company's managers to adopt all measures necessary to ensure that the Company's employees act in neutrally when interacting with shareholders.
- Appointed the Secretary General of Ecopetrol as the person responsible for verifying adequate compliance with these measures.
- Appointed the Legal Vice-Presidency as the internal division responsible for reviewing shareholders' proxies.
Ecopetrol Adopts Measures To Guarantee The Adequate Representation Of Shareholders At The Extraordinary Shareholders' Meeting
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.