Company: BWNB
Filing Date: 2025-06-10
Form Type: 424B5
Source: 0001104659-25-058204
Chunk: 55

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-06-10
Form: 424B5
Chunk 55
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 favorable to the holders thereof than the rights, preferences,       
 privileges and voting powers, and restrictions and limitations thereof, of the Series A Preferred Stock, taken as a whole, immediately      
 prior to such consummation.                                                                                                                 |

| 20 |

Without the consent of the
holders of the Series A Preferred Stock, we may amend, alter, supplement or repeal any terms of the Series A Preferred Stock:

| · | to cure any ambiguity,                                                                                                                     
 or to cure, correct or supplement any provision contained in the certificate of designations for the Series A Preferred Stock              
 that may be defective or inconsistent, so long as such action does not materially and adversely affect the rights, preferences, privileges 
 and voting powers of the Series A Preferred Stock, taken as a whole;                                                                       |

| · | to conform the certificate                                                                                 
 of designations to the Description of Series A Preferred Stock set forth in this prospectus supplement; or |

| · | to make any provision with                                                                                                        
 respect to matters or questions arising with respect to the Series A Preferred Stock that is not inconsistent with the provisions 
 of the certificate of designations.                                                                                               |

The foregoing voting provisions
will not apply if, at or prior to the time when the act with respect to which the vote would otherwise be required shall be effected,
all outstanding shares of the Series A Preferred Stock have been redeemed or called for redemption on proper notice and sufficient
funds have been set aside by us for the benefit of the holders of the Series A Preferred Stock to effect the redemption within 90
days unless all or a part of the outstanding shares of the Series A Preferred Stock are being redeemed with the proceeds from the
sale of shares of, any class or series of stock ranking senior to the Series A Preferred Stock with respect to payment of dividends
or the distribution of assets upon our liquidation, dissolution or winding up.

The rules and procedures
for calling and conducting any meeting of the holders of the Series A Preferred Stock (including, without limitation, the fixing
of a record date in connection therewith), the solicitation and use of proxies at such a meeting, the obtaining of written consents and
any other aspect or matter with regard to such a meeting or such consents shall be governed by any rules the board of directors
(or a duly authorized committee of the board of directors), in its discretion, may adopt from time to time, which rules and procedures
shall conform to the requirements of the Certificate of Incorporation, the Amended and Restated Bylaws of