Eco Wave Power Global AB (publ) SEC Filing Summary

Eco Wave Power Global AB (publ) has been highlighted in California's Final Consultant Report on Sea Space Analysis for Wave and Tidal Energy, prepared for the California Energy Commission under Senate Bill 605. The report specifically references the company's Port of Los Angeles wave energy pilot project as part of California's assessment of marine renewable energy developments and commercialization opportunities. The SB 605 process, a comprehensive statewide assessment, evaluated deployment areas, infrastructure, environmental considerations, and commercialization pathways for wave and tidal energy. Eco Wave Power's inclusion in the report acknowledges their progress in California, including obtaining a U.S. Army Corps of Engineers Nationwide Permit and deploying their technology at AltaSea. The company's onshore wave energy technology, installed on existing coastal infrastructure, aligns with California's goals for marine renewable energy development by potentially reducing permitting complexity and environmental impacts. Eco Wave Power is advancing its project portfolio globally, with operational and planned projects in the US, Europe, and Asia, positioning itself as an experienced wave energy developer.