diff --git a/level_zero/core/source/context/context_imp.cpp b/level_zero/core/source/context/context_imp.cpp
index cabfc3889e..910ca972aa 100644
--- a/level_zero/core/source/context/context_imp.cpp
+++ b/level_zero/core/source/context/context_imp.cpp
@@ -566,6 +566,10 @@ ze_result_t ContextImp::openEventPoolIpcHandle(const ze_ipc_event_pool_handle_t
     size_t numEvents = 0;
     memcpy_s(&numEvents, sizeof(numEvents), hIpc.data + sizeof(int), sizeof(numEvents));
 
+    ze_event_pool_desc_t desc = {ZE_STRUCTURE_TYPE_EVENT_POOL_DESC};
+    desc.count = static_cast<uint32_t>(numEvents);
+    auto eventPool = new EventPoolImp(&desc);
+
     uint32_t rootDeviceIndex = std::numeric_limits<uint32_t>::max();
     memcpy_s(&rootDeviceIndex, sizeof(rootDeviceIndex),
              hIpc.data + sizeof(int) + sizeof(numEvents), sizeof(rootDeviceIndex));
@@ -590,11 +594,10 @@ ze_result_t ContextImp::openEventPoolIpcHandle(const ze_ipc_event_pool_handle_t
                                                                                              true);
 
     if (alloc == nullptr) {
+        delete eventPool;
         return ZE_RESULT_ERROR_INVALID_ARGUMENT;
     }
 
-    ze_event_pool_desc_t desc = {};
-    auto eventPool = new EventPoolImp(&desc);
     eventPool->context = this;
     eventPool->eventPoolAllocations =
         std::make_unique<NEO::MultiGraphicsAllocation>(static_cast<uint32_t>(this->rootDeviceIndices.size()));
diff --git a/level_zero/core/test/unit_tests/sources/event/test_event.cpp b/level_zero/core/test/unit_tests/sources/event/test_event.cpp
index 05f3486a24..d159e1a99f 100644
--- a/level_zero/core/test/unit_tests/sources/event/test_event.cpp
+++ b/level_zero/core/test/unit_tests/sources/event/test_event.cpp
@@ -387,9 +387,10 @@ TEST_F(EventPoolIPCHandleTests, whenOpeningIpcHandleForEventPoolThenEventPoolIsC
     res = context->openEventPoolIpcHandle(ipcHandle, &ipcEventPoolHandle);
     EXPECT_EQ(res, ZE_RESULT_SUCCESS);
 
-    L0::EventPool *ipcEventPool = L0::EventPool::fromHandle(ipcEventPoolHandle);
+    auto ipcEventPool = static_cast<L0::EventPoolImp *>(L0::EventPool::fromHandle(ipcEventPoolHandle));
 
     EXPECT_EQ(ipcEventPool->getEventSize(), eventPool->getEventSize());
+    EXPECT_EQ(numEvents, static_cast<uint32_t>(ipcEventPool->getNumEvents()));
 
     res = ipcEventPool->closeIpcHandle();
     EXPECT_EQ(res, ZE_RESULT_SUCCESS);