Company: BWNB
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001104659-25-036850
Chunk: 89

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 89
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 amendment had not been adopted. (b) Number, Election , Classification and Terms of Directors. The number of directors which will constitute the whole of the Company will be determined solely by resolution of the Board of Directors shall be fixed from time to time exclusively by, and may be increased or decreased from time to time exclusively by, the affirmative vote of at least a majority of the directors then in office (subject to such rights of holders of a class or series of shares of Preferred Stock to elect one or more directors pursuant to a Directors’ Resolution with respect to such series) , but in any event will not be less than three. The directors, other than those who may be elected by . Subject to such rights of the holders of any a class or series of Preferred Stock : , will be (i) Prior to the election of directors at the 2025 annual meeting of stockholders (the “2025 Annual Meeting”), the Board Directors was divided into three classes : , Class I, Class II and Class III . Each director will serve for a term ending on the third annual meeting of stockholders of the Corporation following the annual meeting of stockholders at which that director was elected; provided, however, that , with the directors first designated as in Class I directors will serve for having a term expiring at the annual meeting 2026 annual meeting of stockholders (the “2026 Annual Meeting”) of stockholders following the end of the calendar year 2015 , the directors first designated as in Class II directors will serve for having a term expiring at the 2027 annual meeting of stockholders (the “2027 Annual Meeting”) next following the end of the calendar year 2016, and the directors first designated as in Class III directors will serve for having a term expiring at the annual meeting of stockholders next following the end of the calendar year 2017. Each director will hold office until the annual meeting of stockholders at which that director’s term expires and, the foregoing notwithstanding, each director will serve until his or her successor shall have been duly elected and qualified or until his or her earlier death, resignation or removal. 2025 Annual Meeting. (ii) Following the election of directors at the 2025 Annual Meeting, the Board of Directors will be divided into two classes, Class I and Class II, with the directors in Class I having a term expiring at the 2027 Annual Meeting and the directors in Class II having a term expiring at the 2026 Annual Meeting. The directors in Class