Babcock & Wilcox shareholders reject board declassification and supermajority removal

Babcock & Wilcox Enterprises, Inc.

Proposal to declassify Board failed: 55.3M votes for, 470K against, but not 80% of outstanding shares.
Henry E. Bartoli, Naomi L. Boness, Philip D. Moeller elected as Class III directors (three-year terms).
Proposal to remove 80% supermajority requirement for charter/bylaw amendments also failed.
Ratification of Deloitte & Touche as auditor for FY2024 approved: 63,995,387 votes in favor.
Advisory say-on-pay for named executive officers passed: 53.8M votes in favor, 1.9M against.

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