GeoPark obtains the silver seal of labor equity “Equipares”

GeoPark, a company dedicated to the exploration and production of oil and gas, became the third oil and gas operator in Colombia to obtain the Silver Seal from Equipares. The Company obtained this Certification after achieving a score of 91.3% in the audit by the Colombian Institute of Technical Standards and Certification (ICONTEC), which validated the successful implementation of the Gender Equality Management System (SGIG).

•  It is the third oil and gas operator to obtain certification
• 42% of the Management Team are women
• 34% of the entire workforce of the Company are women

With participation in the Equipares program, driven by the Ministry of Labor and the Presidential Council for Women's Equity of Colombia, GeoPark evaluated its inclusion practices and outlined concrete action plans to strengthen its commitment to promoting equity, inclusion, and diversity.

Agustina Wisky, Director of Capabilities and Culture and leader of the implementation of the Equipares Seal at GeoPark, stated that: “Creating the best work team is a fundamental part of our formula for success. This vision, which was born with the Company, has led us to form a very diverse workforce with a percentage of women much higher than the industry average. We applaud the existence of such a robust program as Equipares, with which companies can access concrete tools to continue contributing to the construction of a more inclusive and diverse workforce and society.”.

Leaders in Gender Equity

Since its foundation, GeoPark has stood out for integrating women at all levels of the organization, generating favorable conditions for the development of women in technical areas, and granting scholarships to young women from the area of influence of its operation to study careers in science and technology.
The most notable results of these efforts are reflected in facts and factors such as:

• 42% of GeoPark's Management Team are women, a percentage that in the global hydrocarbons industry is only 17%1.
• Board chaired by Sylvia Escovar: only 2.1%2 of boards in Latin America are chaired by women.
• Marcela Vaca is the General Director of all the Company's assets and the President of the Board of Directors of the Colombian Petroleum Association: the second woman to hold this position in the industry in nearly six decades.
• 34% of employees are women vs. the global average of 22%3.
• 43% of new employees are women vs. global average of 27%1.
• In 2020, 100% of employees entitled to parental leave took it and returned to their jobs: 45% men and 55% women.
• 13 scholarship recipients study at top universities in science and engineering careers.

Since 2020, GeoPark reports its gender parity indicators following the evaluation framework of the Bloomberg Gender Equality Index (GEI), which determines the progress of publicly listed companies in gender representation at all levels of the organization.
To learn more about GeoPark's gender equity management, you can visit the sustainability section on the website or enter the following link: https://www.geo-park.com/sp/people/
Sources: 1. Catalyst | 2. Deloitte | 3. IEA