12% Reduction in Net Loss, 9% Decrease in Operating Expenses and 58% Increase in Cash Position; Capital Raised at a Premium Through Registered Direct Offering; Company Featured in NVIDIA's Corporate Blog and Jensen Huang's GTC Taiwan Keynote; Regulatory Momentum from Israel's New Blue-Tech Initiative and California's SB 605; Continued Progress Across Key Projects in the U.S., Europe and Asia

12% Reduction in Net Loss, 9% Decrease in Operating Expenses and 58% Increase in Cash Position; Capital Raised at a Premium Through Registered Direct Offering; Company Featured in NVIDIA's Corporate Blog and Jensen Huang's GTC Taiwan Keynote; Regulatory Momentum from Israel's New Blue-Tech Initiative and California's SB 605; Continued Progress Across Key Projects in the U.S., Europe and Asia

TEL AVIV, Israel, July 21, 2026 /PRNewswire/ -- Eco Wave Power Global AB (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading developer of onshore wave energy technology, today welcomed the joint initiative announced by Israel's Ministry of Energy and Infrastructure and the Israel Innovation Authority to invest NIS 6 million (approximately $2 million USD) in advancing next-generation Blue-Tech energy technologies. The new program is designed to support breakthrough marine renewable energy solutions, including wave energy generation, offshore energy systems, artificial intelligence-powered marine energy management, and related technologies.

TEL AVIV, Israel, July 21, 2026 /PRNewswire/ -- Eco Wave Power Global AB (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading developer of onshore wave energy technology, today welcomed the joint initiative announced by Israel's Ministry of Energy and Infrastructure and the Israel Innovation Authority to invest NIS 6 million (approximately $2 million USD) in advancing next-generation Blue-Tech energy technologies. The new program is designed to support breakthrough marine renewable energy solutions, including wave energy generation, offshore energy systems, artificial intelligence-powered marine energy management, and related technologies.

LOS ANGELES, July 16, 2026 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading developer of onshore wave energy technology, highlighted its inclusion in California's Final Consultant Report on Sea Space Analysis for Wave and Tidal Energy and prepared for the California Energy Commission ("CEC") as part of the State's Senate Bill 605 ("SB 605") process. The report specifically references Eco Wave Power's Port of Los Angeles wave energy pilot project as part of California's assessment of existing marine renewable energy developments and future commercialization opportunities.

LOS ANGELES, July 16, 2026 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading developer of onshore wave energy technology, highlighted its inclusion in California's Final Consultant Report on Sea Space Analysis for Wave and Tidal Energy and prepared for the California Energy Commission ("CEC") as part of the State's Senate Bill 605 ("SB 605") process. The report specifically references Eco Wave Power's Port of Los Angeles wave energy pilot project as part of California's assessment of existing marine renewable energy developments and future commercialization opportunities.

STOCKHOLM, June 29, 2026 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading innovator in onshore wave energy technology, today announced the successful closing on June 26, 2026 of its previously announced registered direct offering with a single strategic institutional investor. The financing strengthens the Company's balance sheet to support the advancement of its global project portfolio and further develop its strategy of positioning wave energy as the renewable energy layer for AI infrastructure and expanding the Company's AI capabilities, including digital twins and other AI-driven technologies designed to optimize the performance, monitoring and scalability of its wave energy technology.

STOCKHOLM, June 29, 2026 /PRNewswire/ -- Eco Wave Power Global AB (publ) (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading innovator in onshore wave energy technology, today announced the successful closing on June 26, 2026 of its previously announced registered direct offering with a single strategic institutional investor. The financing strengthens the Company's balance sheet to support the advancement of its global project portfolio and further develop its strategy of positioning wave energy as the renewable energy layer for AI infrastructure and expanding the Company's AI capabilities, including digital twins and other AI-driven technologies designed to optimize the performance, monitoring and scalability of its wave energy technology.