Hey, nice looking sail!
I have a GA IQ wave and it feels best rigged with very little downhaul, just enough to very slightly loosen the leech between the 2 top battens. Same with outhaul, find the neutral point (where the clew is without any load, and then 1 or 2cm of outhaul from there.
Your rig does look over downhauled and also has no shape down low, possibly too much outhaul. Less is more

With the mast bend, like Kris says the leech will be loose if the mast bends too much up high. If your sail has a variable top, try lengthening this (maybe 10 to 15cm) and use a longer mast extension to compensate. This will rig the sail on the lower section of the mast which has more of a constant curve
But just play round with the downhaul/outhaul first and if it doesnt feel right try this second