WAVE

Nine-Month Net Loss Reduced by 24%, Operating Expenses by 14% and Net Financial Expenses by 80%; Citadel-Affiliated Entities Disclose Beneficial Ownership; First Purchase Order from Fortune 500 Energy Giant Bharat Petroleum; AI-Powered Digital Twin Collaboration Advances from September Agreement to First-Phase Completion in November; Potential Port of Los Angeles Commercial-Scale Expansion and Progress Toward 1 MW Portugal Installation Stockholm, Sweden--(Newsfile Corp. - November 3, 2026) - Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading onshore wave energy technology company, is pleased to report its financial results for the third quarter and nine months ended September 30, 2026, highlighting significant improvements in financial performance, continued progress toward commercial-scale wave energy deployment, and important milestones in the development of artificial intelligence and Digital Twin technologies. During the third quarter of 2026, Eco Wave Power reduced its net loss by approximately 47% year-over-year, while operating expenses declined by 25%.

Milestone establishes digital foundation for predictive wave energy systems; both Eco Wave Power U.S. and AI engineering are NVIDIA Inception members, while NVIDIA Networking has issued a support letter for the Company's AI and Digital Twin development initiative TEL AVIV, Israel, Nov. 2, 2026 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading onshore wave energy technology company, today announced the successful completion of the first phase of its AI-powered Digital Twin development program with Germany-based AI engineering GmbH. The milestone represents an important step in Eco Wave Power's strategy to make wave energy increasingly intelligent, predictive and scalable.

Purchase order advances implementation of the companies' 2025 agreement, marking an important step toward a planned wave energy pilot at BPCL's Marine Oil Terminals in Mumbai STOCKHOLM, Oct. 29, 2026 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading developer of onshore wave energy technology, today announced a significant milestone in its collaboration with Bharat Petroleum Corporation Limited (BPCL), one of India's largest government-owned energy companies and a Fortune 500 corporation, following the issuance of a purchase order for the initial site assessment phase of the companies' planned wave energy project in Mumbai, India. The purchase order, was issued by BPCL for a comprehensive site assessment study at its Marine Oil Terminals at Jawahar Deep, Mumbai.

New York, New York--(Newsfile Corp. - October 8, 2026) - Eco Wave Power Global AB (publ) (NASDAQ: WAVE) a pioneering onshore wave energy technology company, is excited to announce its participation in the upcoming 2026 Maxim Growth Summit, taking place from October 12th to 14th at The Hard Rock Hotel NYC. This prestigious event brings together industry leaders, innovators, and premier institutions to explore the latest trends and advancements across several industries.

NEW YORK CITY, NY / ACCESS Newswire / September 30, 2026 / Eco Wave Power Global AB (publ) (Nasdaq:WAVE), a pioneering onshore wave energy technology company, today announced that members of its executive management team will participate in The Small Cap Showcase on October 1, 2026, in New York City. Representing the Company, Inna Braverman, Founder & Chief Executive Officer will present at 2:00 PM ET, providing an overview of the Company's business strategy, growth opportunities, recent developments, and outlook.

NEW YORK, Sept. 22, 2026 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a pioneering onshore wave energy technology company, today announced that Founder and Chief Executive Officer Inna Braverman has been invited to participate as a Luminary Speaker at the inaugural Futures: Ocean Forum, taking place on September 24, 2026, in Newport, Rhode Island.

Company to represent Israeli climate innovation in meetings with U.S. investors, sustainability leaders and potential strategic partners New York, New York--(Newsfile Corp. - September 17, 2026) - Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a pioneering onshore wave energy technology company, today announced that Founder and Chief Executive Officer Inna Braverman will participate in the Israel U.S. Climate Meetings Cafe, an invite-only event hosted by the Israel Economic Mission and the Israel Export Institute on September 23, 2026, during Climate Week NYC. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/11247/314418_c53c9be2a490ea92_001full.jpg The event will bring together leading Israeli climate technology companies with climate-focused investors, sustainability leaders and potential strategic partners for a series of dedicated one-on-one meetings, followed by an evening networking reception.

Braverman to join global climate and technology leaders in discussions exploring ocean-climate solutions and the role of AI and innovation in accelerating the clean energy transition New York, New York--(Newsfile Corp. - September 15, 2026) - Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a pioneering onshore wave energy technology company, today announced that Founder and Chief Executive Officer Inna Braverman will participate in two high-level panel discussions during Climate Week NYC on September 22, 2026, bringing Eco Wave Power's perspective to conversations at the intersection of ocean innovation, renewable energy, artificial intelligence and climate action. The appearances come as rapidly growing electricity demand from artificial intelligence, data centers and digital infrastructure is placing increasing pressure on global power systems and reinforcing the need to develop new sources of scalable, reliable renewable energy.

Founder and CEO Inna Braverman to highlight global progress and the growing role of wave energy in supporting next-generation power demand New York, New York--(Newsfile Corp. - September 10, 2026) - Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a pioneering onshore wave energy technology company, today announced that it will participate in H.C. Wainwright's 28th Annual Global Investment Conference, taking place September 14-16, 2026, at the Lotte New York Palace Hotel in New York City.

Founder and CEO Inna Braverman to present Eco Wave Power's global expansion and growing role in powering next-generation AI infrastructure New York, New York--(Newsfile Corp. - September 8, 2026) - Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a pioneering onshore wave energy technology company, today announced its participation in the upcoming Moody Capital Solutions 2026 Disruptive Growth & Life Sciences Conference, taking place September 9-10, 2026, in New York City. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/12660/313268_72277115a4b52a0c_001full.jpg Inna Braverman, Founder and Chief Executive Officer of Eco Wave Power, will deliver an investor presentation on Thursday, September 10, at 2:35 p.m.