The 28-year-old is currently on a season-long loan with the Championship side, for whom he has made 42 appearances this term.
Wolves will also be playing in the Championship next season following their promotion from League One, but Ward has insisted that he will make a decision on his future during the summer.
"At the moment I am a Brighton player and that is all I am concentrating on," Ward told Sky Sports News. "I am sure when the season ends I will know more about my future."
Brighton currently sit in sixth place in the Championship.