Company: BWNB
Filing Date: 2025-11-05
Form Type: 424B5
Source: 0001104659-25-106685
Chunk: 72

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-11-05
Form: 424B5
Chunk 72
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whether or not declared) on the Series A
Preferred Stock up to, but not including, the date of such redemption, upon the giving of notice, as provided below.

Redemption Procedures

In the event we elect to
redeem Series A Preferred Stock, notice of redemption will be mailed to each holder of record of Series A Preferred Stock called
for redemption at such holder’s address as it appear on our stock transfer records, not less than 30 nor more than 60 days prior
to the date fixed for redemption. Any notice mailed as provided in this paragraph shall be conclusively presumed to have been duly given,
whether or not the holder receives such notice, but failure duly to give such notice by mail, or any defect in such notice or in the
mailing thereof, to any holder of shares of Series A Preferred Stock designated for redemption shall not affect the validity of
the proceedings for the redemption of any other shares of Series A Preferred Stock. Notwithstanding the foregoing, if the shares
of Series A Preferred Stock are issued in book-entry form through The Depository Trust Company (“DTC”) or any other
similar facility, notice of redemption may be given to the holders of Series A Preferred Stock at such time and in any manner permitted
by such facility.

The notice will notify the holder of the election
to redeem the shares and will state at least the following:

| · | the date fixed for redemption                        
 thereof, which we refer to as the “Redemption Date”; |

| · | the redemption price; |

| · | the number of shares of                                                                                                            
 Series A Preferred Stock to be redeemed (and, if fewer than all the shares are to be redeemed, the number of shares to be redeemed 
 from such holder or the method for determining such number);                                                                       |

| · | the place(s) where                                                                               
 holders may surrender certificates, if any, evidencing the Series A Preferred Stock for payment; |

| · | if applicable, that the                                                                                                                  
 Series A Preferred Stock is being redeemed pursuant to our special optional redemption right in connection with the occurrence           
 of a Delisting Event or Change of Control (each as defined below), as applicable, and a brief Description of transaction or transactions 
 or circumstances constituting such Delisting Event or Change of Control, as applicable;                                                  |

| · | if applicable, that the                                                                                                                 
 holders of the Series A Preferred Stock to which the notice relates will not be able to convert such shares of Series A                 
 Preferred Stock in connection with the Delisting Event