Eco Wave Power Advances Onshore Wave Energy at Port of Los Angeles Following Shell Pilot Success

**Los Angeles, April 1, 2026** — Eco Wave Power Global AB (NASDAQ: WAVE) has announced the successful completion of its wave energy pilot program at the Port of Los Angeles, conducted in collaboration with Shell. The milestone represents a major step forward in validating onshore wave energy technology for commercial-scale deployment at U.S. port facilities. The pilot project demonstrates the technical and operational viability of Eco Wave Power's proprietary wave energy conversion system, which captures energy from natural wave motion at port perimeters. Unlike traditional offshore wave energy installations, the company's onshore approach leverages existing port infrastructure, reducing deployment complexity and environmental footprint while enabling ports to generate renewable energy. "This successful pilot at one of North America's busiest ports validates our technology at scale and demonstrates its compatibility with active maritime operations," said a company representative. "The Port of Los Angeles represents an ideal proving ground for onshore wave energy, combining significant wave resources with operational infrastructure and sustainability commitments." The Port of Los Angeles has emerged as a testing ground for clean energy innovation, aligning with California's decarbonization goals and the International Maritime Organization's commitment to reducing shipping industry emissions by 50 percent by 2050. Wave energy systems offer ports a new avenue for generating renewable power to support vessel electrification, terminal operations, and grid stabilization. Eco Wave Power's technology addresses a critical market need: ports seeking to diversify renewable energy portfolios beyond solar and wind. The completion of the Port of Los Angeles pilot positions the company to pursue additional deployments at U.S. and international ports seeking to enhance energy independence and operational sustainability. The partnership with Shell, a major energy player investing in renewable technologies, underscores growing industry confidence in wave energy's commercial potential. As ports worldwide face pressure to decarbonize operations and reduce reliance on grid power, onshore wave energy systems represent a viable, scalable solution compatible with existing maritime infrastructure.