Company: BWXT
Filing Date: 2025-03-06
Form Type: PRE 14A
Source: 0001486957-25-000011
Chunk: 79

Company: BWX Technologies, Inc.
Filing Date: 2025-03-06
Form: PRE 14A
Chunk 79
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curring substantial expense in defending lawsuits, regardless of merit. Also, other public companies have updated their governing documents to align with this update to the DGCL, and we expect this practice to continue. Therefore, our ability to attract and retain highly qualified officer candidates may be adversely impacted if we do not make similar updates to our Certificate.

If stockholders approve the Proposed Amendment at the Annual Meeting, Article SEVENTH of the Certificate will be amended to read in its entirety as follows (with modifications underlined):

#### 602025 PROXY STATEMENT
| PROPOSAL 3: AMENDMENT TO CERTIFICATE OF INCORPORATION LIMITING LIABILITY OF OFFICERS |

SEVENTH: No director or officer of the Corporation shall be personally liable to the Corporation or any of its stockholders for monetary damages for breach of fiduciary duty as a director or officer ; provided, however, that the foregoing provisions will not eliminate or limit the liability of a director or officer (as applicable) (a) for any breach of that director’s or officer’s duty of loyalty to the Corporation or its stockholders, (b) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (c) under Section 174 of the DGCL, as the same exists or as that provision hereafter may be amended, supplemented or replaced, or (d) for any transactions from which that director or officer derived an improper personal benefit. If the DGCL is amended after the filing of this Certificate of Incorporation to authorize corporate action further eliminating or limiting the personal liability of directors or officers , then the liability of a director or officer of the Corporation, in addition to the limitation on personal liability provided herein, will be limited to the fullest extent permitted by that law, as so amended. Any repeal or modification of this Article SEVENTH by the stockholders of the Corporation will be prospective only and will not have any effect on the liability or alleged liability of a director or officer of the Corporation arising out of or related to any event, act or omission that occurred prior to such repeal or modification.

Upon stockholder approval of the Proposed Amendment,we intend to file the Proposed Amendment to our Restated Certificate of Incorporation with the Delaware Secretary of State, which will be effective upon filing. The Board retains the discretion to abandon the Proposed Amendment and not implement it at any time before it becomes effective, even if it is approved by stockholders. The exculpation that would be afforded officers of the Company if