At the 2018 annual meeting of stockholders (the “2018 Annual Meeting”) of Babcock & Wilcox Enterprises, Inc. (the “Company”), the Company intends to include management proposals in the proxy statement for the 2018 Annual Meeting to (i) amend the Company’s certificate of incorporation and its bylaws to declassify the Board of Directors, and (ii) remove the related requirement that an affirmative vote of holders of at least 80% of the voting power of all then outstanding shares of the Company’s capital stock be required to approve certain amendments to the Company’s certificate of incorporation or its bylaws.

About BABCOCK & WILCOX ENTERPRISES, INC. (NYSE:BW)

Babcock & Wilcox Enterprises, Inc. is a technology-based provider of fossil and renewable power generation and environmental equipment that includes a suite of boiler products and environmental systems, and services for power and industrial uses. The Company operates in three segments: Global Power, Global Services and Industrial Environmental. Through its Global Power segment, the Company engineers, manufactures, procures, constructs and commissions boilers fueled by fossil fuels and renewables in addition to environmental systems and related auxiliary equipment primarily to steam generating customers globally. Through its Global Services segment, the Company provides aftermarket products and services to steam generating utilities across the world and various industrial customers. Through its Industrial Environmental segment, the Company provides a range of environmental technology and services to industrial end markets across the world.

BABCOCK & WILCOX ENTERPRISES, INC. (NYSE:BW) Recent Trading Information

BABCOCK & WILCOX ENTERPRISES, INC. (NYSE:BW) closed its last trading session down -0.34 at 9.37 with 313,039 shares trading hands.