Inna Braverman and CY Huang explain the Eco Wave Power technology to Mr. Yu Zheng Wei Head of Taiwan's Energy Bureau, and Mrs. Wang Mei Hua, Taiwan's former Minister for Economic Affairs The Company's Taiwanese partner, I-Ke International Ocean Energy Co. ("I-Ke"), a subsidiary of Lian Tat Company, informed Eco Wave Power that in December 2025 it signed the land lease agreement with Suao Port for the designated wave energy project site. The agreement provides for a five-year lease term, with an option for e ...

Financial Data and Key Metrics Changes - The company reported a net loss of approximately $3.7 million for 2025, reflecting increased operational expenses due to investments in infrastructure and project development [2][3] - Cash at year-end was approximately $6.3 million, providing a solid financial base for ongoing operations [3] - Operating expenses were reduced by 4% in Q4 compared to the previous quarter, with R&D expenses down by 26% and sales and marketing expenses reduced by 32% [3] Business Line Data and Key Metrics Changes - The company advanced key strategic projects, including the establishment of a U.S. pilot at the Port of Los Angeles and continued progress on projects in Europe and Asia [2][5] - The pilot project at the Port of Los Angeles was successfully launched and completed, achieving its technical and operational objectives [8] - The project at Jaffa Port in Israel maintained zero downtime and generated stable electricity under varying wave conditions, achieving peak production levels [8][9] Market Data and Key Metrics Changes - The company is positioned to meet the growing electricity demands driven by AI, particularly from data centers and high-performance computing located in coastal regions [4][10] - The development of projects in Portugal and Taiwan represents the first steps towards larger commercial wave energy arrays [5][9] Company Strategy and Development Direction - The company aims to transition from pilot projects to larger commercial deployments, focusing on operational and financial efficiency [4][5] - The intersection of AI and energy demand is seen as a significant opportunity, with plans to leverage existing coastal infrastructure for wave energy generation [10][11] - The exploration of the WaveGPT platform aims to optimize performance and improve energy forecasting through AI and advanced analytics [11] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of energy infrastructure in supporting the growing AI industry and the need for reliable renewable energy sources [6][7] - The company expressed confidence in its technology and project pipeline, believing it is well-positioned for the next phase of growth [11] Other Important Information - The company is maintaining a diversified global pipeline, allowing progress on multiple opportunities while developments in Portugal are finalized [9] Q&A Session Summary - No specific questions or answers were provided in the content, as the conference concluded without a Q&A segment [12]

Financial Performance and Key Metrics - The company reported a net loss of approximately $3.7 million for 2025, reflecting increased operational expenses tied to infrastructure investments [2][3] - Cash at year-end was approximately $6.3 million, providing a solid financial base for ongoing operations [3] - Operating expenses were reduced by 4% in Q4 compared to the previous quarter, with R&D expenses down by 26% and sales and marketing expenses reduced by 32% [3] Business Line Performance - The company advanced key strategic projects, including the establishment of a U.S. pilot at the Port of Los Angeles and additional projects in Europe and Asia [2][4] - The pilot project in the U.S. was successfully launched and completed, demonstrating the integration of wave energy systems into existing port infrastructure [8] - The project at Jaffa Port in Israel maintained zero downtime and achieved peak production levels, providing valuable engineering data [8][9] Market Data and Key Metrics - The company is positioned to meet the growing electricity demands driven by AI and high-performance computing, particularly in coastal regions [4][10] - The development of a megawatt-scale project in Portugal is underway, with continued interest from the Port Authority despite recent structural assessments [9] - Partnerships are expanding, including a land lease agreement in Taiwan and feasibility studies for a potential project in South Africa [9] Company Strategy and Industry Competition - The company aims to transition from pilot projects to larger commercial wave energy arrays, with ongoing project advancements and improving cost discipline [5][10] - The intersection of AI and energy demand is seen as a significant opportunity, with wave energy positioned to provide clean energy close to demand centers [10][11] - The exploration of digital capabilities, including the Wave GPT platform, aims to leverage AI for performance optimization and predictive maintenance [11] Management Commentary on Operating Environment and Future Outlook - Management highlighted the importance of operational and financial efficiency as the company scales its energy infrastructure [3][4] - The CEO emphasized the critical need for reliable and renewable energy sources to support the growing AI industry [6][7] - The company is optimistic about its growth prospects, supported by validated technology and a growing global project pipeline [11] Other Important Information - The company was featured in NVIDIA's GTC Keynote, showcasing its technology as part of AI-driven energy solutions [4][6] - The successful completion of the U.S. pilot project provides a validated pathway for future commercial scale deployment [8] Q&A Session Summary - No specific questions or answers were recorded in the provided content, as the conference concluded without a Q&A segment [12]

Financial Performance and Key Metrics - In 2025, the company reported a net loss of approximately $3.7 million, reflecting increased operational expenses tied to infrastructure investments [2][3] - The company ended the year with approximately $6.3 million in cash, providing a solid financial base for ongoing operations [3] - Operating expenses were reduced by 4% in Q4 compared to the previous quarter, with R&D expenses down by 26% and sales and marketing expenses reduced by 32% [3] Business Line Performance - The revenue remains limited and is driven by project timing and milestone recognition, typical for a company at this stage [3] - The successful launch of the first onshore wave energy pilot project in the U.S. at the Port of Los Angeles was a key milestone [7][8] - The project at Jaffa Port in Israel maintained zero downtime and generated stable electricity under varying wave conditions [8] Market Data and Key Metrics - The company is advancing projects in Portugal and Taiwan, with a focus on megawatt-scale developments [9] - Collaboration with BPCL in India and feasibility studies for an eight-megawatt project in South Africa are part of the diversified global pipeline [9] Company Strategy and Industry Competition - The company is transitioning from pilot projects to larger commercial wave energy arrays, with a focus on operational and financial efficiency [5][10] - The intersection of AI and energy demand is seen as a significant opportunity, particularly for data centers located near coastal regions [10][11] - The company is exploring digital capabilities, including the Wave GPT platform, to optimize performance and improve energy forecasting [11] Management Commentary on Operating Environment and Future Outlook - Management highlighted the growing need for reliable and renewable energy sources due to the increasing electricity demands from AI-driven applications [6][10] - The company believes its technology is well-positioned to contribute to the evolving energy landscape, particularly in coastal areas [4][10] - The combination of validated technology, a growing project pipeline, and increasing demand for clean energy positions the company well for future growth [11] Other Important Information - The company was featured in NVIDIA's GTC Keynote, showcasing its digital twin technology as part of AI real-world energy solutions [4][6] Q&A Session Summary - No specific questions or answers were provided in the content, thus this section is not applicable.

Exhibit 99.1 Eco Wave Power Reports Strong Operational Progress and Files 2025 Annual Report on Form 20-F Company completes first U.S. wave energy pilot project, submits final report to Shell, records highest energy generation at Israeli project, advances megawatt-scale project in Portugal and supports Taiwan project development, while reducing Q4 operating expenses by 24% Stockholm, Sweden – March 12, 2026 – Eco Wave Power Global AB (publ) (Nasdaq: WAVE) ("Eco Wave Power" or the "Company"), a leading onsho ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission ...

Core Insights - Eco Wave Power Global AB reported significant operational achievements in February 2026, including record wave energy production at its EWP-EDF One pilot project in Jaffa Port, Israel [1][7]. Performance Metrics - The system operated for approximately nine days under moderate wave conditions, generating around 2,000 kWh of clean electricity during this period [2]. - The highest wave conditions recorded at the site reached approximately 3 meters, leading to an average power production of about 20 kWh and a peak production of 56.7 kW, marking the highest levels achieved to date [3][13]. Operational Resilience - Since the beginning of 2025, the EWP-EDF One system has maintained zero downtime, demonstrating stable operation in wave conditions of 1 meter and above [4]. - The performance in February further validates the resilience and scalability of Eco Wave Power's proprietary technology [4]. Future Prospects - Future commercial deployments are expected to utilize larger floaters and a greater number of units, which are anticipated to significantly enhance energy capture and overall capacity factors compared to the current pilot-scale installation [6]. - The pilot project serves as a demonstration array to validate system durability and real-world production performance, providing valuable data for future commercial-scale projects [5]. Global Expansion - Eco Wave Power is expanding its project pipeline globally, with upcoming projects in Portugal, Taiwan, and India, representing a total of 404.7 MW under development [10]. - The company has received international recognition and support from various organizations, including the European Union and the United Nations [10].

Core Insights - Eco Wave Power Global AB has been included in a significant U.S. Department of Energy report highlighting the potential of Coastal Structure Integrated Wave Energy Converters (CSI-WECs) along U.S. coastlines [1][2] Group 1: Report Overview - The report, produced by the National Laboratory of the Rockies for the DOE, assesses the technical, economic, and geographic opportunities for structure-integrated wave energy systems in the U.S. [2] - The analysis identifies structure-integrated wave energy as a lower-risk and higher-value deployment pathway within the marine energy sector [4][5] Group 2: Economic and Technical Benefits - CSI-WEC systems are integrated into existing coastal defense structures, such as breakwaters and jetties, providing a financially attractive route for marine energy deployment [5] - The report indicates that integrating wave energy converters can enhance the lifetime asset value of coastal defenses, turning them into revenue-generating clean energy assets [5][6] - The U.S. coastlines have an estimated theoretical wave energy potential of 2,640 terawatt-hours per year, with approximately 14% of the coastline already equipped with coastal defense structures [9] Group 3: Deployment Potential - Eco Wave Power was selected to conduct preliminary energy production analyses for four high-potential U.S. locations, with projected annual generation ranging from tens to hundreds of megawatt-hours per device [7] - The capital payback period for these projects is estimated at approximately five to six years, with potential energy value reaching millions of dollars over a 20-year project life [9] Group 4: Company Background - Eco Wave Power is a pioneering onshore wave energy company that has developed Israel's first grid-connected wave energy power station and recently launched its first U.S. demonstration project at the Port of Los Angeles [12][13] - The company is expanding its project pipeline globally, with upcoming projects in Portugal, Taiwan, and India, totaling 404.7 MW under development [14]

Core Insights - Eco Wave Power Global AB has successfully completed a feasibility study for a potential wave energy power station at the Port of Ngqura, South Africa, indicating a technical potential to deploy approximately 8.3 MW of installed wave energy capacity [1][3][4]. Company Overview - Eco Wave Power is a pioneering onshore wave energy technology company that transforms ocean and sea wave power into clean, reliable, and cost-efficient electricity through patented technology [10]. - The company operates a grid-connected wave energy power station in Jaffa Port, Israel, and is advancing projects in the United States, Portugal, Taiwan, and India, with a robust project pipeline of 404.7 MW under development [12]. Feasibility Study Findings - The feasibility study, conducted in collaboration with Africa Great Future Development Ltd (AGFDL), assessed site conditions, wave resource availability, and preliminary system configuration, supporting the port's suitability for onshore wave energy implementation [3][4]. - The study results will be reviewed in detail by AGFDL, after which both parties will evaluate potential next steps, including project structuring and regulatory pathways [5][8]. Strategic Importance - The Port of Ngqura is strategically located in South Africa's Eastern Cape Province and is adjacent to the Coega Special Economic Zone, making it a strong candidate for the first onshore wave energy deployment in Africa [8]. - South Africa faces significant energy supply challenges, highlighting the need for clean, reliable, and locally generated power, with over 2,800 kilometers of coastline offering long-term potential for wave energy [6].

Core Viewpoint - Eco Wave Power Global AB has reported stable and reliable wave energy production from its EWP-EDF One pilot project at Jaffa Port, Israel, generating over 2,300 kWh of clean electricity in January 2026, demonstrating the technology's operational robustness under real-world conditions [2][4][9]. Group 1: Project Performance - The EWP-EDF One system operated without downtime since the beginning of 2025, consistently performing in wave conditions of 1 meter and above [4]. - In January 2026, the project generated more than 2,300 kWh of electricity over approximately 11 days with wave heights between 1 and 2 meters [2][4]. - The performance data collected supports the scalability of Eco Wave Power's technology, indicating potential for larger floaters and more units in future commercial projects [6]. Group 2: Future Developments - Future commercial projects are planned to utilize significantly larger floaters and a greater number of units, which are expected to enhance energy capture and improve capacity factors [6][9]. - Eco Wave Power is expanding its global presence with projects in the Port of Los Angeles, Taiwan, India, and Portugal, representing a robust project pipeline of 404.7 MW under development [8][12]. Group 3: Company Mission and Technology - Eco Wave Power aims to accelerate the transition to renewable energy by transforming ocean waves into clean electricity through its patented technology [10][11]. - The company continues to optimize system design based on real-world operational experience, reinforcing wave energy as a predictable and complementary renewable energy source [7][9].