Eco Wave Power Submits Final Project Completion Report to Shell International Exploration and Production Inc., Successfully Concluding Port of Los Angeles Pilot Program

Los Angeles, California--(Newsfile Corp. - March 31, 2026) - Eco Wave Power Global AB (NASDAQ: WAVE) ("Eco Wave Power" or the "Company"), a leading onshore wave energy technology company, today announced that it has submitted the final project completion report to Shell International Exploration and Production Inc. ("Shell"), marking the successful completion of the wave energy pilot objectives under a Pilot Test Agreement entered between the parties in 2024. Eco Wave Power pilot in LA, by Erik Olsen To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/11247/290459_909eeb3814c41b6c_001full.jpg The submission of the final report represents the completion of all contractual milestones and deliverables under the Pilot Test Agreement signed in 2024 between Eco Wave Power and Shell, concluding a structured development program that progressed from feasibility analysis through engineering design, system installation, operational testing, and final reporting.