Company: BWXT
Filing Date: 2025-03-06
Form Type: PRE 14A
Source: 0001486957-25-000011
Chunk: 4

Company: BWX Technologies, Inc.
Filing Date: 2025-03-06
Form: PRE 14A
Chunk 4
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 (see "Board Expertise Summary" on next page). Our director criteria and recruitment process seek to align the Board's capabilities with the Company's business strategy, as well as provide for periodic director refreshment and overall Board cohesiveness and collegiality. Below is a summary of our director composition related to the tenure, age, diversity, independence and expertise of our current directors.

2025 PROXY STATEMENT (iii)

| 2025 PROXY STATEMENT SUMMARY |

CORPORATE SOCIAL RESPONSIBILITY • Since 2015, the Compensation Committee has included a safety performance metric in our annual incentive plans to emphasize continuous focus on employee safety. • In March 2025, we published our annual Sustainability Report, which is available on our website at www.bwxt.com/about/corporate-citizenship , to provide enhanced transparency regarding our policies and practices as they relate to our corporate purpose, people, inclusion, health, safety, security, product impact, environment, governance, ethics, human rights, supply chain and community service. 2024 PERFORMANCE HIGHLIGHTS* • Consolidated revenue was $2.7 billion, an 8% increase over the prior year. • Net income and adjusted earnings before income tax, depreciation and amortization ("EBITDA") were $282.3 million and $498.7 million, respectively. • GAAP and non-GAAP earnings per share were $3.07 and $3.33, respectively. • In 2024, we returned $108.3 million to stockholders in the form of $20.0 million in share repurchases and $88.3 million in dividends. • As of December 31, 2024, our backlog was $4.8 billion.

| * Please refer to Appendix A, "Reconciliation of Reported (GAAP) to Adjusted (Non-GAAP) Results," for a reconciliation of adjusted results, including adjusted EBITDA and non-GAAP earnings per share, to reported results. |

(iv) 2025 PROXY STATEMENT

| 2025 PROXY STATEMENT SUMMARY |

TOTAL STOCKHOLDER RETURN The following graph depicts the cumulative total stockholder return of BWXT for the one, three and five years ended December 31, 2024 relative to those of the S&P 500 Index ("S&P 500"), the S&P Aerospace and Defense Select Index ("S&P A&D Select") and our custom compensation peer group for 2024. See "Section 4: Other Benefits and Practices"