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Novige is selected as a ‘’Top 25 Company of the 11th Nordic Cleantech Open’’

Novige is selected as a ‘’Top 25 Company of the 11th Nordic Cleantech Open’

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company News 7 February 2024 Novige is selected as a ’’Top 25 Company of the 11th Nordic Cleantech Open’’ Just a few days after being announced for the list of “The Nordic Top 50 Impact Companies”, we were once again selected as one of the ’’Top 25 Companies of the 11th Nordic Cleantech Open’’. Published as Novige AB. The company is now NoviOcean AB. As one of the “Top 25 Most Innovative Start-Ups”, we are looking forward for the opportunity to show impact and cleantech investors why NoviOcean is “the right solution at the right time in history” during the Nordic Camp event in Malmö (19-21 September). Originally published on noviocean.energy/, 7 February 2024. The body is the original post text, reproduced from the WordPress export; no figure in it was changed. Related on this site CompanyAwards & SupportThe recognition record in full, and the difference between a prize and a proof. ValidationThe development journeySix stages from concept to commercial arrays, marked done, current and future. TechnologyHow the platform worksBuoyancy, a trapped column of air, and a Pelton turbine borrowed from hydropower. Interested in where the programme is now? The current stage, the offshore test record and the route to a full-scale pilot are best discussed directly. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

Novige is selected as a ‘’Nordic Top 50 Impact Company – 2022’’

Novige is selected as a ‘’Nordic Top 50 Impact Company – 2022

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company News 7 February 2024 Novige is selected as a ’’Nordic Top 50 Impact Company – 2022’’ We are glad to be selected as one of the Nordic Top 50 Impact Companies by the One Initiative. The list comprises of the top 50 promising Nordic and Baltic impact start-ups of 2022. Published as Novige AB. The company is now NoviOcean AB. The team has been invited to Nordic Impact Business Summit 12-13 September 2022 at Nordea HQ in central Copenhagen to talk about our solution for “saving the climate with profitable wave power” with several Nordic and global investors and venture capital organizations. We will also discuss how wave energy, and particularly, NoviOcean can substitute fossils and unsustainable storage when the wind is not blowing and the sun is not shining, when the costs are the highest for the consumer and the climate. We look forward to meeting Nordic and global investors with interest in renewable ocean energy solutions that want to join us in this exciting journey toward making a more sustainable energy future for all. Originally published on noviocean.energy/, 7 February 2024. The body is the original post text, reproduced from the WordPress export; no figure in it was changed. Related on this site CompanyAwards & SupportThe recognition record in full, and what it is and is not evidence of. ValidationThe development journeySix stages, offshore testing, and what NO3 validates now. ApplicationsWhere the platform is usefulIslands, data centres, desalination and aquaculture — the four priority markets. Want the impact case with its assumptions attached? The life-cycle study and the production model behind these figures are shared in conversation, dated and in context. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

NoviOcean NO2 Prototype in Action | Site Visit Highlights | May 2022

NoviOcean NO2 Prototype in Action | Site Visit Highlights | May 2022

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Video 7 February 2024 NoviOcean NO2 Prototype in Action | Site Visit Highlights | May 2022 We are excited to present to you shortly about NoviOcean and how we intend to improve the marine energy landscape through our unique yet profoundly simple solution. Published as Novige AB. The company is now NoviOcean AB. The still published with the original post — the NoviOcean NO2 prototype during the May 2022 site visit. The video was recorded during our public site visit (20th and 24th May 2022) in Stockholm in which we presented the NoviOcean NO2 prototype and our latest achievements. Various representatives from the EU Commission, industry actors, academia, newspapers, technical magazines, political parties, NGOs, and young researchers kindly joined us. We talked more about NoviOcean and all the attendees got a chance to take boat trips to watch the unit up close and in action. In this video, you will hear about our technology, mission, current achievements, and future plans from Jan Skjoldhammer (Novige’s Founder/CEO) and Danial Hassani (Novige’s COO). You can also hear what Göran Öfverström (Head Research Investment & Strategy Soya Group/Wallenius Lines) thinks about our innovation and what we intend to bring to the ocean energy sector. Follow us to hear more about our latest developments and how we plan on “saving the climate with profitable wave power”. Originally published on noviocean.energy/ on 7 February 2024 as “NoviOcean NO2 Prototype in Action | Site Visit Highlights | May 2022”. The text above is the original post, reproduced from the WordPress export. Video on the NoviOcean YouTube channel. Related on this site ValidationOffshore testing, stage by stageWhat each prototype proved, what NO3 validates now, and what comes next. TechnologyHow it worksFrom buoyancy and a trapped column of air to a Pelton turbine. TechnologyMedi Wave 850HThe full-scale machine the prototypes are working towards. Seen the prototype? Ask about the pilot. The offshore test record, the model-correlation work and the plan for the full-scale pilot are best discussed directly. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

Novige AB receives a multi-million EUR grant to build its first full-scale 500 kW pilot Wave Energy Converter (WEC)

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company News 7 February 2024 Novige AB receives a multi-million EUR grant to build its first full-scale 500 kW pilot Wave Energy Converter (WEC) Novige AB received a 2.1 million EUR grant from the European Climate, Infrastructure and Environment Executive Agency (CINEA) under the LIFE programme to design, build, deploy, test, and certify its first full-scale pilot WEC unit, NoviOcean NO500 in an offshore test site by 2025/26. Published as Novige AB. The company is now NoviOcean AB. NoviOcean WEC (rated at 500 kW) will utilize a low-weighted float and well-proven parts to produce clean/stable electricity at a commercially viable cost. Simple design, less use of materials, and recyclability, along with an effective global licensing strategy will facilitate local manufacturing, operation, and decommissioning using readily available resources. More details on the upcoming stages of building and deployment of the pilot unit will be disseminated on a continued basis to various project stakeholders. For more information on the context and progress of the LIFE NOVIOCEAN project, please visit our dedicated project page. Originally published on noviocean.energy/, 7 February 2024. The body is the original post text, reproduced from the WordPress export; the single figure changed is listed at the foot of this file. Related on this site ValidationThe development journeySix stages, marked completed, current and future — with the pilot in its real place. CompanyInvestor RelationsThe funding rail, the capital-efficient route, and how to request the package. TechnologyMedi Wave 850HThe current design basis: 850 kW from wave, wind and solar on one structure. Want the current plan, not the 2021 one? The programme status, the pilot schedule and the funding position are shared in conversation, dated and in context. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

The Game Changers | Interview with Novige and HelioRec during OEEC 2021, Amsterdam

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Media coverage 7 February 2024 The Game Changers | Interview with Novige and HelioRec during OEEC 2021, Amsterdam Exploring Cutting-Edge Renewable Energy Innovations for a Sustainable Future Published as Novige AB. The company is now NoviOcean AB. Innovating Clean Energy Solutions: Novige and HelioRec at Ocean Energy Exhibition 2021 Yesterday, Novige’s founder and CEO, Jan Skjoldhammer, along with HelioRec’s founder and CEO, Polina Vasilenko, had the opportunity to be interviewed and talk about our innovative clean energy solutions at the Ocean Energy Exhibition and Conference 2021, held in RAI Amsterdam, The Netherlands. Both companies are supported by the Marine Energy Alliance project. By following this link to the interview, we get to hear more about these solutions and why they are to be important contributors to the future energy mix. Originally published on the NoviOcean news archive, 7 February 2024, under the company’s former name. The interview itself was recorded at the Ocean Energy Exhibition and Conference 2021 in RAI Amsterdam and published by Offshore Energy. The original wording is reproduced here. Keep reading Validation The development journey Six dated stages, and exactly what the NO3 demonstrator does and does not validate. Technology How the wave system works Float, valve, hydraulic cylinder, Pelton turbine, generator. Insights & News More interviews and coverage The curated library of insights, company news, media and video. Curious where that 2021 conversation ended up? Five years on, the same wave system is one of three sources on a single offshore platform, with fourteen months of offshore operation behind the model. We will walk you through the evidence and what it does not yet cover. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

Novige and the development of NoviOcean WEC

Navigating Success: Novige's Collaboration with Marine Energy Alliance and BlueInvest

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Insight 7 February 2024 Novige and the development of NoviOcean WEC Pioneering Sustainable Wave Energy Solutions for a Greener Tomorrow Concept testing in the Swedish archipelago — the first stage of the NoviOcean development programme, 2016–2019. Published as Novige AB. The company is now NoviOcean AB. Innovating the Future: Novige’s Journey with NoviOcean WEC Here is a showcase by our team on the development of their NoviOcean WEC. The Novige team has so far successfully demonstrated a scaled prototype of their innovative wave energy converter (WEC) technology both offshore and in wave tanks, showing how we are preparing to reach our goal of “Saving the climate with profitable wave power”. The team has so far been recognized for numerous awards and recognitions such as the Mission Innovation Champion 2020, Guldstänk’s Innovator of the year, EU’s Seal of Excellence (a quality award in a non-competition category), Stena Line’s Propeller Prize 2021, and has been recently nominated for the Startup4Climate award! To expand globally, the Novige team is looking to partner with industrial companies with a global network. Interested in knowing more? Consider subscribing and visiting our website: https://noviocean.energy/ Pioneering Sustainable Wave Energy Solutions for a Greener TomorrowFor illustration only — the actual design is shared in closer dialogues. NoviOcean Working Principles’ Animation Published in the NoviOcean news archive on 7 February 2024, under the company’s former name Novige AB. Rebuilt in the V2 design; the wording is the original post. Keep reading Technology How it works The five steps from a passing wave to a turning generator. Technology Medi Wave 850H The current product: wave, wind and solar on one platform. Validation The evidence behind it Tank data, rig hours, offshore months and model correlation. Want the engineering behind the story? The tank data, the rig hours, the offshore record and the model-correlation work are all documented, and the parts that are still to be proven are documented too. Book a meeting and we will take you through both. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

Novige is nominated for yet another startup challenge award

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company news 7 February 2024 Novige is nominated for yet another startup challenge award Empowering Sustainable Solutions to Accelerate the Global Energy Transition Published as Novige AB. The company is now NoviOcean AB. For the third time in a row, Novige is nominated for another award… This time it is Startup4climate, Sweden’s largest innovation challenge within the energy sector, organized by GodEl and Ellevio. The purpose of the challenge is to promote and support clean energy solutions and innovations that have the highest potential in accelerating the global energy transition. All innovations and startups in the competition are presented on We Don’t Have Time, a social network dedicated to increasing awareness about the climate crisis and its negative consequences. The winner of Startup4Climate will take home two million Swedish crowns to help speed up the development of their cleantech solution. Tackling the climate crisis is very much about finding and scaling up new solutions, and that is exactly the criteria we can deliver on. The other nominated contributions also have strong solutions, but we are convinced that our solution, NoviOcean will help accelerate the necessary energy revolution. The potential for wave power is enormous… Jan Skjoldhammer, CEO and founder of Novige AB During the summer, Novige’s wave power concept, NoviOcean, underwent extensive tests at the ECN’s Research Laboratory in Hydrodynamics, Energetics & Atmospheric Environment (LHEEA) in Nantes, France. All results were satisfactory, and several important conclusions were drawn. Novige plans to have the first full-scale NoviOcean unit developed and ready for deployment by 2024 with a total cost of 5 million euros. The Startup4Climate competition is open to the people’s votes until 1 September and the winners will be announced on 11 November. For illustration only — the actual design is shared in closer dialogues. Originally published on noviocean.energy/, 7 February 2024. The body is the original post text, reproduced from the WordPress export; the one deleted clause is listed at the foot of this file. Keep reading Company Awards & Support Every award, dated, plus the funders behind the programme. Validation Why recognition is not validation The measured evidence: tank, rig, offshore operation, model correlation. Insights & News The rest of the archive Company news, media coverage, interviews and selected reports. Prizes are not proof. The data is. If you want to judge NoviOcean the way an engineer would, ask for the test record rather than the trophy shelf. We will bring both, and be clear about which is which. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

Conclusions after Completed Wave Tank Testing in France

Transforming Wave Energy: Insights from Completed Wave Tank Testing in France

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company news 6 February 2024 Conclusions after Completed Wave Tank Testing in France NoviOcean’s Path to Cost-Effective Renewable Energy Solutions Published as Novige AB. The company is now NoviOcean AB. After successfully completing our wave tank tests at ECN’s Research Laboratory in Hydrodynamics, Energetics & Atmospheric Environment (LHEEA), Nantes, we can now with high certainty verify that: The full-scale NoviOcean unit rated at 500 kW (NO500) is expected to reach its full capacity at waves with significant height of 3.5 meters. This verifies our previous third-party simulations. In a location with medium wave energy flux (e.g., Pilot Zone, Portugal), the average generated electricity can reach to 250 kW per unit, indicating a capacity factor (CF) of 50% and more than 2000 MWh/year It has now been seen that the similar capacity factor can be maintained for larger units up to 2 MW rated capacity. Thanks to the non-resonant behaviour, the control system can operate in a very simple, effective, and precise way. We plan to have the first full-scale NO500 unit developed and ready for deployment by 2024 with a total cost of 5 MEUR. More details about the status of our EU grants will be revealed soon when all details are settled. We are humble to the fact that it looks like we have discovered a highly effective and cost-efficient way to solve a considerable part of the climate crisis, fast! Jan Skjoldhammer, founder and CEO of Novige AB He continued: “We will offer low-priced production licences to shipyards and industrial actors world-wide, in order to improve the speed to reach our goal; Saving the climate with profitable wave power.” Feel free to contact us at info@noviocean.energy, or jan.skjoldhammer@noviocean.energy Below you can see a short video of the tests at ECN’s LHEEA. Originally published on the NoviOcean news archive, 6 February 2024. The original wording is reproduced here; the one deletion is listed at the foot of this file. Keep reading Validation Model validation What the model was built against, and how well it agrees. Validation Offshore testing Tank, rig and offshore programmes with exact dates and definitions. Technology How it works Float, valve, cylinder, Pelton turbine, generator. Ask for the test record, not the summary. Tank data, rig hours, offshore months and the model-correlation work are shared in conversation, dated and in context — including the parts that are still to be proven. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

Testing Novige’s NoviOcean NO2 Prototype at ECN’s LHEEA

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company news 6 February 2024 Testing Novige’s NoviOcean NO2 Prototype at ECN’s LHEEA Promising Results and Future Prospects at ECN’s LHEEA Facility For illustration only — the actual design is shared in closer dialogues. Published as Novige AB. The company is now NoviOcean AB. This introductory video was made by Stena Line to present Novige as a finalist for Stena Line’s Propeller Prize 2021. Stena Line Propeller Prize was held by Blue Science Park during the digital event Innovation Day in Karlskrona on May 6 2021. The following statement is the motivation of the jury for selecting Novige as the winner of the category Maritime Technology: The winner is a company driven by true entrepreneurship and passion for innovation. It has a strong sustainability profile and if successful in implementing its product on the international market, it will contribute to mitigate the climate crisis. We are truly honored by this recognition and will try even harder to realize the long-awaited breakthrough in ocean energy in order to “save the climate with profitable wave power”. Originally published on the NoviOcean news archive, 6 February 2024. The original wording is reproduced here unchanged. Keep reading Company Awards & Support Five competition wins out of five entries, plus one EU award. Validation Offshore testing Tank, test rig and offshore operation, with dates and definitions. Technology Medi Wave 850H Where the wave system ended up: three sources, one platform. Recognition is the signal. The test record is the substance. The tank, rig and offshore records are shared in conversation, dated and in context, together with a clear statement of what has not yet been validated. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.

Novige’s Introduction for Stena Line’s Propeller Prize

Novige's Introduction for Stena Line's Propeller Prize

Technology Medi Wave 850HThe current product How It WorksBuoyancy to Pelton turbine Key AdvantagesWhy hybrid changes the maths Technology EcosystemWave, wind, solar, structure Alta Wave — Future DevelopmentVery high-energy wave regions Applications Remote Islands & Coastal CommunitiesDiesel cost and energy security Coastal Data CentersLocal, stable clean power Desalination & Water SecurityEnergy-intensive freshwater Aquaculture & Fish FarmsOff-grid and weak-grid sites Further ApplicationsThe full opportunity set Validation Simulator Company AboutWhat NoviOcean is TeamCore team and advisers PartnersWind Harvest and Midsummer Awards & SupportRecognition and funders Investor RelationsInvestor & strategic dialogues ContactReach the team Insights & News Book a Meeting Technology Medi Wave 850H Alta Wave — Future Development Applications Remote Islands Data Centers Desalination Fish Farms Further Applications Validation Simulator Company About Team Partners Awards & Support Investor Relations Contact Insights & News Book a Meeting Company news 6 February 2024 Novige’s Introduction for Stena Line’s Propeller Prize Celebrating Innovation and Sustainability in Maritime Technology Published as Novige AB. The company is now NoviOcean AB. This introductory video was made by Stena Line to present Novige as a finalist for Stena Line’s Propeller Prize 2021. Stena Line Propeller Prize was held by Blue Science Park during the digital event Innovation Day in Karlskrona on May 6 2021. The following statement is the motivation of the jury for selecting Novige as the winner of the category Maritime Technology: The winner is a company driven by true entrepreneurship and passion for innovation. It has a strong sustainability profile and if successful in implementing its product on the international market, it will contribute to mitigate the climate crisis. We are truly honored by this recognition and will try even harder to realize the long-awaited breakthrough in ocean energy in order to “save the climate with profitable wave power”. Originally published on the NoviOcean news archive, 6 February 2024. The original wording is reproduced here verbatim; nothing was corrected. Keep reading Company Awards & Support The five competition wins, dated, and the funders behind the programme. Technology How it works The five steps from a passing wave to a turning generator. Validation The evidence Tank, rig and offshore records, and what is still to be proven. The introduction is short. The evidence takes longer. A prize introduction is the version that fits on a slide. The meeting is where the test data, the dates and the open questions get their turn. Book a Meeting Hybrid wave, wind and solar — one offshore platform. Technology Technology Medi Wave 850H How It Works Technology Ecosystem Alta Wave — Future Applications Remote Islands Data Centers Desalination Aquaculture Further Applications Company Company About Team Partners Awards & Support Validation Simulator Investor Relations Contact Insights & News Book a Meeting Contact NoviOcean ABLövängsvägen 91187 30 Täby, Sweden jan.skjoldhammer@noviocean.energy +46 (0)73 394 84 17 Follow NoviOcean on LinkedIn © 2026 NoviOcean AB. All rights reserved. Platform illustrations are conceptual — the actual design is shared in closer dialogues.