Eco Wave Power Global AB (publ) (NASDAQ: WAVE), a leading onshore wave energy technology company, is pleased to announce that its U.S. pilot project at the Port of Los Angeles has successfully reached a major milestone with the completion of all installation works. This includes:

• Full installation of all wave energy floaters
• Connection of hydraulic pipes and supporting infrastructure
• Placement of the onshore energy conversion unit

With installation works finalized by C&S Welding Inc., Eco Wave Power is now gearing up for the first operational testing of the pilot project, to be followed by an official unveiling ceremony on September 9, 2025, at AltaSea at the Port of Los Angeles.

“Completing installation at the Port of Los Angeles marks a significant milestone in our U.S. journey,” said Inna Braverman, Founder and CEO of Eco Wave Power. “As it will serve as a vital learning and demonstration platform for environmental surveys, regulatory engagement, and site visits by key stakeholders. It’s a showcase of how our technology can be implemented on existing marine infrastructure while advancing the path toward commercial wave energy in the United States.”

The Los Angeles project is designed as a non-grid-connected demonstration station, with the following key objectives:

1. Demonstrate Eco Wave Power’s patented technology in real U.S. marine conditions
2. Facilitate environmental monitoring and regulatory processes in collaboration with local stakeholders and authorities, including the U.S. Army Corps of Engineers
3. Serve as a learning hub for officials, industry partners, and potential customers
4. Lay the groundwork for future commercial, grid-connected projects in the U.S.

While U.S. energy production validation will remain limited to demonstration measurements, Eco Wave Power continues to rely primarily on real-world production from its grid-connected site in Israel, which will soon be joined by operational projects in Taiwan, India, and Portugal. Together, these sites will expand the company’s data collection and performance validation across diverse marine conditions, supporting the path to full-scale commercialization.

Eco Wave Power partnered with California-based companies to bring the pilot to life:

• All-Ways Metal, a woman-owned fabrication company, produced the innovative floaters
• C&S Welding Inc., a family-owned Wilmington contractor, performed the installation, leveraging nearly two decades of experience in port and marine infrastructure projects

“Completing the installation is a proud moment for our team,” said Ian Crichton, President of C&S Welding Inc. “Eco Wave Power’s system is an exciting clean energy solution, and we’re honored to play a role in its U.S. debut.”

About the Port of Los Angeles Project

Eco Wave Power’s onshore wave energy system attaches floaters to existing marine structures. The up-and-down motion of waves drives hydraulic cylinders, sending fluid to a land-based energy conversion unit, which produces electricity.

Key advantages include:

• No footprint on the seabed, minimizing environmental impact
• Modular, low-maintenance design for port and coastal environments

This high-visibility pilot forms an essential stepping stone for Eco Wave Power’s U.S. commercialization strategy and strengthens the company’s 404.7 MW global project pipeline.