According to the Company´s articles of association, the Company shall have minimum one (1) and maximum two (2) auditors with maximum two (2) deputy auditors. The current auditor of the Company is KPMG AB with address Vasagatan 16, 111 20 Stockholm. Håkan Reising, an authorised auditor, is the auditor in charge. The auditor has no share related holdings in Eco Wave Power.

During a shorter transition period in connection with the public listing and up to an extraordinary general meeting scheduled to take place in August/September 2019, Eco Wave Power and KPMG have agreed that KPMG shall be the Company’s auditor. In connection with said extraordinary general meeting, KPMG will resign and be replaced by the Company’s ordinary auditing connections.