Babcock & Wilcox stockholders reject board declassification, approve LTIP share increase

Babcock & Wilcox Enterprises, Inc.

Two governance proposals (board declassification, removal of 80% vote requirement) failed to get needed 80% approval.
Directors Alan B. Howe and Rebecca L. Stahl elected as Class II directors for three-year terms ending 2029.
Stockholders ratified BDO as auditor for 2026 and approved non-binding say-on-pay proposal.
Stockholders approved amendment to 2021 LTIP, increasing authorized shares from 5.25M to 10.25M.

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