Eco Wave Power Boosts Board Strength with Election of Renowned Risk & Sustainability Expert Hilary Ackermann, Strengthening U.S. Strategy Ahead of Port of LA Project Official Opening

Core Viewpoint - Eco Wave Power Global AB has elected Hilary E. Ackermann to its Board of Directors, enhancing its leadership team as it prepares for the commercialization of wave energy solutions in the U.S. market [1][2][3] Group 1: Appointment of Hilary E. Ackermann - Hilary E. Ackermann, a recognized leader in energy sustainability and risk management, has transitioned from the Advisory Board to the formal Board of Directors [2] - Her appointment is strategically significant as it coincides with the upcoming official opening of Eco Wave Power's first U.S. wave energy project at the Port of Los Angeles [3] - Ackermann's extensive experience includes senior roles at Goldman Sachs and Swiss Bank Corporation, and she currently serves on the Board of Directors of Vistra Energy [4] Group 2: Company Strategy and Growth - The company aims to strengthen its global leadership team to accelerate commercialization, particularly in the United States [2] - Eco Wave Power is actively expanding its project pipeline, which includes upcoming projects in the Port of Los Angeles, Portugal, Taiwan, and India, contributing to a total capacity of 404.7 MW [8] - The company has received recognition and support from international organizations, including the European Union Regional Development Fund and the United Nations Global Climate Action Award [8]