GeoPark to Invest 26 Billion Pesos in Four New Social Investment Projects Through Works for Taxes Mechanism

Investments of over 57 billion pesos benefit more than 30,000 people in Casanare, Meta and Putumayo since 2021

GeoPark continues to strengthen its commitment to the territorial development of Colombia’s regions through new projects under the Works for Taxes mechanism, approved by the Territorial Renewal Agency (ART) together with the respective Ministries of Education and Transport. Approved investment in 2025 is over 26 billion pesos and will benefit more than 22,400 inhabitants of ZOMAC municipalities (Areas Most Affected by Armed Conflict) in Casanare and Meta departments.

GeoPark will carry out its first project in Meta under the Works for Taxes mechanism, providing cultural implements to seven schools in Puerto Gaitan to support education.

Three initiatives were approved in Casanare, where GeoPark will pave 2.1 kilometers of the road connecting the village of La Venganza in Tauramena with the Marginal de la Selva highway, repair the La Tarquena bridge over the Tacuya River in Tauramena in partnership with Parex, and provide equipment to 21 rural schools in ZOMAC municipalities to improve educational quality.

These new projects are in addition to GeoPark activities in 2024, when the Company invested more than 18 billion pesos in initiatives that today benefit more than 5,600 people in Hato Corozal, Paz de Ariporo and Monterrey. As a result, the Company will provide solar photovoltaic solutions to over 1,000 rural homes and infrastructure improvement works to 39 schools in the coming months.

In Putumayo, as a result of more than 13 billion pesos investment through the Works for Taxes mechanism, GeoPark provided equipment to 39 Child Development Centers (CDI) of the Colombian Institute of Family Welfare and 168 school canteens, improving the quality of life of more than 8,000 children and their families.

“We firmly believe that energy boosts economic growth and is a powerful tool for social transformation. GeoPark views the Works for Taxes mechanism as a practical way to translate our tax responsibilities into tangible projects that improve the quality of life for communities neighboring our operations. We continue to back sustainable territorial development, working closely with communities and the State to close gaps and build a more equitable future for thousands of rural families,” GeoPark Nature and Neighbors Manager Anibal Fernandez de Soto said.

These investments underscore how GeoPark partners the National Government and communities in creating sustainable solutions that contribute to closing gaps and promote more just and resilient development in the territories it operates in.

ABOUT GEOPARK

GeoPark is a leading independent energy company with over 20 years of successful operations across Latin America and which has been listed on the New York Stock Exchange since 2014. In Colombia, it is one of the main companies in the sector. Since being founded, GeoPark’s SPEED Integrated Value System (Safety, Prosperity, Employees, Environment and Community Development) has embodied its commitment to sustainability in every territory that the Company operates in.

For more information about GeoPark, see its official channels: Facebook, LinkedIn, YouTube, the Buenos Vecinos blog and website. For inquiries, write to conexiones@geo-park.com.