Eco Wave Power Global AB

capital reorganization in 2021.

Company ended the period with $14.6 million in cash and cash equivalents and short-term bank deposits as of December 31, 2021.

Concession Agreement entered between the Company and Port Adriano in April 2022

last day of trading for the Company’s common shares on Nasdaq First North was June 13, 2022.

beginning on June 14, 2022, Eco Wave Power’s only listed securities are its American Depositary Shares (“ADSs”) which trade on the Nasdaq Capital Market under the ticker “WAVE”.

In July 2022, Eco Wave Power announced that it had commenced real conditions test runs on the EWP-EDF One Project to examine the operation of the mechanical and hydraulic subsystems of the project. The floaters were lowered into the water for the first time, and the successful testing put Eco Wave Power one step closer to full operation of the power station.

Company ended the period with $10.8 million in cash and cash equivalents and short-term bank deposits as of September 30, 2022.

new grant by ERDF (European Union Regional Development Fund) called “Ports Towards Energy Self Sufficiency” (PORTOS) that was approved for a research project in Porto, led by the University of Porto, on November 24, 2022.

Our EWP-EDF One project in Jaffa Port Israel (in collaboration and co-investment from the Israeli Energy Ministry and EDF Renewables IL) nears completion, and on November 28th, the project was visited by the Director of Engineering Supervision of Low and High Voltage from the Israeli Electric Authority to instruct the Company regarding the final electrical inspection necessary for Eco Wave Power to receive the approval of sending electricity from the waves to the Israeli national electric grid for the first time in the history of Israel.

Eco Wave Power provided a corporate update and reported financial results as of and for the three and nine months ended September 30, 2022.

Eco Wave Power’s CEO Inna Braverman will host a conference call to discuss the financial results and outlook on Thursday, December 1, 2022, at 9 a.m. Eastern time.

In an effort to increase relations with institutional investors, management has dedicated time to hosting individual meetings with portfolio managers and analysts.

Tel Aviv, Israel, April 3, 2023 – Eco Wave Power Global AB (publ) (Nasdaq: WAVE) (\"Eco Wave Power\" or the \"Company\") is pleased to announce it (through its EWP-EDF One subsidiary) has entered into an official Power Purchase Agreement with the Israeli National Electric Company (\"IEC\"), based on the official Feed-in Tariff (\"FIT\") which was set for the Company’s newly-installed wave energy project (\"EWP-EDF One Project\") at the Port of Jaffa in Tel Aviv, Israel, by Israel’s Electric Authority (IEA).

Eco Wave Power Global AB (publ) (Nasdaq: WAVE) (“Eco Wave Power” or the “Company”) is pleased to announce it (through its EWP-EDF One subsidiary) has entered into an official Power Purchase Agreement with the Israeli National Electric Company (“IEC”), based on the official Feed-in Tariff (“FIT”) which was set for the Company’s newly-installed wave energy project (“EWP-EDF One Project”) at the Port of Jaffa in Tel Aviv, Israel, by Israel’s Electric Authority (IEA). With the Power Purchase Agreement in place, a private examiner has successfully approved the technology’s grid synchronization, in accordance with the accepted grid connection standards.

Following its inauguration in December 2024, the EWP-EDF One project at Jaffa Port became Israel’s first grid-connected wave energy system, operating under a Power Purchase Agreement with the Israeli Electric Corporation and recognized by the Ministry of Energy as “Pioneering Technology.”

Eco Wave Power was recognized by TIME as one of the Best Inventions of 2025.

Earlier this year, we signed an MoU with Bharat Petroleum Corporation Limited (BPCL), a Fortune 500 government-owned company, to explore wave energy deployment at the Mumbai Oil Terminal. BPCL will manage regulatory clearances, while we provide technology and optimization expertise. The collaboration — endorsed by India’s Minister of Petroleum and Natural Gas — begins with a site assessment and is expected to lead to a pilot project in the world’s ~40,000 MW ocean energy market.

During this quarter Eco Wave Power has entered an agreement with RL Solutions, a local representative for the Company, meant to facilitate the purchase order from Bharat Petroleum to Eco Wave Power.

Building on the operational insights gained from the EWP-EDF One project at Jaffa Port, Q3 focused on preparing the station for advanced testing under diverse sea conditions. Eco Wave Power initiated a dedicated project to calibrate the hydraulic system for varying wave states, with the objective of optimizing system responsiveness, efficiency, and reliability across a wider operational range.

The successful launch of our first U.S. project at the Port of Los Angeles represents not only a technical achievement but also a moment of unprecedented visibility for wave energy, highlighted by national coverage on Good Morning America and recognition by TIME as one of the Best Inventions of 2025.

In August 2025, Eco Wave Power announced that its U.S. pilot project at the Port of Los Angeles has successfully completed operational testing and achieved a historic milestone: the lowering of its innovative floaters into the water for the very first time. This major moment was broadcasted live and exclusively by Good Morning America, marking unprecedented national visibility for the advancement of wave energy technology.

In August 2025 I-KE was awarded the official land use tender from the Suao Port Company for the installation of a wave energy pilot station in Taiwan.

On September 9th, 2025, Eco Wave Power hit a historic milestone and launched the first ever U.S. Wave Energy Project at Port of Los Angeles, developed in collaboration with AltaSea and Shell Marine Renewable Energy (MRE).

On October 2025, U.S. Congresswoman Nanette Barragán (CA-44) visited the Company’s onshore wave energy pilot station at AltaSea in the Port of Los Angeles and called for $1B Federal Investment in Wave Energy.

During the same month, Eco Wave Power’s pilot was named to TIME’s Best Inventions of 2025 list, recognizing it as one of 300 innovations worldwide “changing the way we live, work, and think.”

In conclusion, during this quarter, we have conducted an in-depth analysis of the wave forces, finalized the execution plan, and submitted to APDL a final revised execution plan in October 2025.

In October 2025, we submitted a detailed MetOcean Report for the wave potential and wave forces at the Port of Ngqura, in line with the agreement with Africa Great Future Development Ltd (AGFDL).

Stockholm, Sweden–(Newsfile Corp. – November 12, 2025) – Eco Wave Power Global AB (publ) (NASDAQ: WAVE) (“Eco Wave Power” or the “Company”) today announced its financial results for the nine months ended September 30, 2025, along with an update on its rapidly expanding international project portfolio.

Eco Wave Power Announces $4.0 Million Registered Direct Offering Priced at a 10.7% Premium to Market to Expand Commercial Wave Energy Deployment and AI-Driven Technology

Eco Wave Power Announces $4.0 Million Registered Direct Offering Priced at a 10.7% Premium to Market to Expand Commercial Wave Energy Deployment and AI-Driven Technology

Eco Wave Power Announces Closing of $4.0 Million Strategic Financing Priced at a Premium to Market to Advance Global Project Deployment and AI-Driven Technology

Eco Wave Power Announces Closing of $4.0 Million Strategic Financing Priced at a Premium to Market to Advance Global Project Deployment and AI-Driven Technology

California’s Final SB 605 Report Highlights Eco Wave Power’s Port of Los Angeles Pilot as State Advances Marine Energy Commercialization

Eco Wave Power Welcomes New Israeli Government Blue-Tech Energy Initiative to Advance Marine Renewable Energy Innovation

Eco Wave Power to Join Israel Economic Mission and Israel Export Institute Climate Tech Investor Event During Climate Week NYC

Eco Wave Power CEO Inna Braverman Invited as Luminary Speaker at Inaugural Futures: Ocean Forum in Rhode Island; Visit to include Discussions with Rhode Island Authorities on Potential Commercial Wave Energy Project following U.S. Coastline Feasibility Study with Shell