Eco Wave Power Appoints Hilary E. Ackermann, Vistra Energy Board Member & Former Goldman Sachs Executive, to Advisory Board

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Eco Wave Power Global AB (publ) (“Eco Wave Power” or the “Company”), a leading onshore wave energy technology company, is pleased to announce the appointment of Hilary E. Ackermann to its Advisory Board.

Ackermann, a recognized leader in energy sustainability and risk management, brings a wealth of expertise to Eco Wave Power. Since 2018, she has served on the Board of Directors of Vistra Energy, where she is Chair of the Sustainability and Risk Committee and a member of the Generation and Safety Committee. With extensive experience guiding energy companies through the complexities of clean energy transitions, regulatory compliance, and sustainable business practices, her insights will be invaluable in supporting Eco Wave Power’s expansion and technological advancements.

“We are thrilled to welcome Hilary Ackermann to the Advisory Board,” said Inna Braverman, CEO, Eco Wave Power. “Her deep understanding of energy markets, sustainability governance, and risk management aligns perfectly with our vision for the future of wave energy. As Eco Wave Power continues to scale its innovative technology and integrate into the global renewable energy landscape, her influence will help drive our efforts toward long-term sustainability and impact.”

Ackermann has over three decades of experience in the energy and financial sectors, specializing in corporate governance, sustainability frameworks, and strategic risk assessment. She was previously a board member of Dynegy Inc. and joined Vistra Energy’s board following its acquisition of Dynegy.

Before her corporate governance roles, Ackermann served as Chief Risk Officer of Goldman Sachs Bank USA from 2008 to 2011, following a distinguished tenure at Goldman Sachs that began in 1985. She also held senior positions in risk oversight and credit management at Swiss Bank Corporation (now UBS). Her board experience includes serving on the private Board of Directors and Audit Committee of Credit Suisse Holdings (USA), Inc. from 2017 to 2022, where she chaired the Risk Committee. She currently holds positions on the private board and audit committee of several Hartford investment funds, where she also chairs the Risk and Compliance Committee. Additionally, she has previously served as a public board member of Apollo Investment Corporation as a member of the Audit Committee. In 2020 Ms. Ackermann was named in NACD Directorship 100 as one of the most influential leaders in the boardroom. Additionally, in 2018, Ms. Ackermann was named among the Most Influential Corporate Board Directors by WomenInc.

Ackermann holds a bachelor’s degree in Russian from Georgetown University.

“I am excited to join the Advisory Board of Eco Wave Power at such a pivotal time for the renewable energy industry,” said Ackermann. “As global energy markets increasingly shift toward sustainable solutions, wave energy represents a key opportunity for reliable and scalable clean power. I look forward to contributing to Eco Wave Power’s mission and helping to drive innovation in ocean energy.”

With this appointment, Eco Wave Power further strengthens its leadership team, reinforcing its commitment to accelerating the commercialization of wave energy as a vital part of the clean energy transition.

Eco Wave Power established an advisory board as of today to provide strategic guidance and insight to the Company. This appointment is advisory in nature and does not confer any governance responsibilities.

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