Company: BWNB
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001104659-25-036850
Chunk: 2

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 2
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 forward-thinking approach, combined with our leading technologies and the talents and dedication of our outstanding team of employees across our operations, will generate meaningful value for our shareholders and contribute to a cleaner world for generations to come. TABLE OF CONTENTS We Welcome Your Feedback We hope you will participate in the Annual Meeting to hear more about our operations and our progress, and we encourage you to share your thoughts, concerns and suggestions with us. We also want to ensure your shares are represented as we conduct a vote on the matters outlined in this proxy statement. Whether or not you plan to attend, please cast your vote as soon as possible either via: • the internet at www.proxyvote.com, • by calling 1-800-690-6903 , or • by returning the accompanying proxy card if you received a printed set of materials by mail. Further instructions on how to vote your shares can be found in this proxy statement. On behalf of our Board of Directors and the employees of B&W, I want to thank you for your confidence in us and your investment in our business. If you have any questions or suggestions, please feel free to contact us at the address above or by visiting our website. Sincerely, Kenneth M. Young Chairman and Chief Executive Officer

TABLE OF CONTENTS

NOTICE OF 2025 ANNUAL MEETING OF STOCKHOLDERS The 2025 Annual Meeting will be a virtual meeting of stockholders, beginning at 10:30 a.m. Eastern Time on June 4, 2025. You will be able to attend the Annual Meeting online and submit questions during the meeting by visiting www.virtualshareholdermeeting.com/BW2025. You will also be able to vote your shares electronically at the Annual Meeting (other than shares held through the B&W Thrift Plan, which must be voted prior to the meeting). The Annual Meeting will be held to: (1) approve amendments to the Company’s Restated Certificate of Incorporation (“Certificate of Incorporation”) to declassify the Company’s Board of Directors (the “Board”) and provide for annual elections of all directors beginning at the 2027 annual meeting of stockholders; (2) if Proposal 1 is approved and our Board is re-classified, elect Joseph A. Tato and Kenneth M. Young as Class I directors of the Company for a term of two years; (3) if Proposal 1 is not approved, elect Joseph A. Tato and Kenneth M. Young as Class I directors of the Company for a term of three years