Ethics and Transparency - GeoPark

Ethics and Transparency

We prioritize ethics and transparency to strengthen our corporate culture, ensure proper risk management, ensure regulatory compliance, improve communication and disclosure of information, and increase stakeholder trust.

Ethics and Transparency

2024 Performance Highlights

100%
EMPLOYEES

Trained and informed about our Policies and Processes

100%
OUR PARTNERS

Informed about our Anti-Corruption Policies and Processes

AA
RATING FROM MSCI

for the second consecutive year

S&P 2025
GLOBAL SUSTAINABILITY

Included and recognized as
Industry Movers in our sector

Independent Ethics Hotline
External independent audit of the Ethics and Compliance Program

Updated Code of Ethics

ETHICS AND COMPLIANCE PROGRAM

A structure to act with integrity

A strong program ensures ethics in our operations and value chain. Our GeoPark Ethics and Compliance Program is based on three lines of action that guarantee coherent and preventive ethics management, based on continuous improvement.

Promotion of Ethical Culture

We increase the understanding and appropriation of our values through continuous training processes on the Code of Ethics, active communication of our internal policies, and activities that reinforce our SPEED principles throughout the Company. Open dialogue and constantly raising teams’ awareness are key elements of this work.

Risk Management

We regularly evaluate ethical considerations in our operations and value chain. We conduct due diligence with third parties, suppliers and strategic partners, and manage potential conflicts of interest through clear controls and established processes.

Monitoring and Supervision

We have an independent and confidential Ethics Hotline, as well as indicators that allow us to monitor, analyze and provide feedback on our processes. The program has been externally evaluated under international standards, allowing us to identify opportunities for improvement and continuously strengthen our ethics management.

CODE OF ETHICS
Our guide to doing things right
The Code of Ethics defines and guides the conduct of all GeoPark employees and partners. It was updated and approved in 2025 and is central to our training, evaluation and organizational culture.

ETHICS DOCUMENTS

Standards that reinforce our culture of integrity

GeoPark’s regulatory framework reflects our commitment to transparency and ethics, incorporating principles of conduct that exceed legal requirements. These documents strengthen our self-regulation and guide the actions of employees, suppliers and strategic partners.

GEOPARK AND BELA
Strengthening our ethical culture with international standards
Since 2022, GeoPark has been part of the Business Ethics Leadership Alliance (BELA), an initiative that promotes best practices in business ethics. In 2024, we participated in BELA’s performance evaluation, allowing us to measure the maturity of our program and raise our ethical standards even further.
Strengthening our ethical culture with international standards
ETHICS HOTLINE
A secure and confidential channel
Our Ethics Hotline is a confidential channel that is operated by an independent third party and is available to receive alerts and report conduct that is not aligned with our principles, internal policies, or standards of conduct. The Hotline is an integral part of our Ethics and Compliance Program, and along with other reporting mechanisms it strengthens our commitment to integrity, transparency, and shared responsibility.

SUSTAINABILITY INDEXES AND RATINGS

Transparency validated by results

In line with our Sustainability Framework and our commitment to building relationships of trust, we prioritize access to timely, accurate, and reliable information. Our sustainability communications plan guides our messages and channels to each stakeholder group. This is complemented by external evaluations and sustainability indexes, reinforcing trust and showing our ethical commitment. Through these independent measurements, we transparently share details of our performance and consolidate a culture based on integrity, accountability and continuous improvement, acknowledged by global rating agencies that highlight our good corporate practices.

GOVERNANCE

Clear management with integrity throughout

Ethics and transparency governance starts at the very top at GeoPark. The Board of Directors and its Committees oversee the implementation of the Ethics and Compliance Program, while the Sustainability Area heads the management of transparency and non-financial information. This structure allows us to align our ethical culture with strategic objectives, foster accountability and ensure integrity and transparency in all our operations and stakeholder relations.

Governance, follow up and monitoring

Board of Directors/
Board Committees
SPEED / Sustainability Committee
Responsible for monitoring the progress, quality and efficiency of GeoPark’s management of transparency and reports.
Audit Committee
Monitors the effectiveness of the Ethics and Compliance Program, their controls, and risk mitigation measures. It supervises plans to strengthen the ethics culture.
CEO
Strategy, Sustainability and Legal Area
Responsible for ethics leadership. It sets the tone for the whole organization and develops a culture of integrity. It sets the strategic course and assigns resources for the Ethics and Compliance Program to function correctly.
Internal committees
Ethics Committee
Oversees the Ethics Hotline’s operation, reviews ethical complaints, and ensures proper investigation and corrective measures.
Management
Corporate Governance and Compliance Area
Ensures the effective implementation of the strategy and its alignment with the Sustainability Framework, to prevent compliance risks
Sustainability Area
Oversees the effectiveness in the implementation of transparency and reporting work plans, ensuring that they align with the Sustainability Framework
Operational Level/
Management Teams
Compliance Team
  • Makes protocols, rules and controls.
  • Develops activities to promote an ethical culture.
  • Responds to ethics and compliance grievances and questions.
Sustainability Team
Keeps the MERO non-financial information platform up to date.

Find out more in our
SPEED/Sustainability Report