Three new independent directors join Board of Directors Chief Executive Officer Kenneth Young and Chief Strategy Officer Henry Bartoli also join Board New directors are part of a well-planned transition and strategic shift to accelerate growth in light of improved operational stability Five directors have retired, and the new Board is comprised of six members with four serving independently Kenneth Young succeeds Matthew Avril as Chairman of the Board and current director Alan Howe named Lead Independent Director Company to host conference call today to discuss the Board changes and provide an operational update (AKRON, Ohio – September 3, 2020) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) today announced the appointment of three new independent members to its Board of Directors, reflecting a well-planned transition and strategic shift to accelerate growth within B&W in light of improved operational stability. The new independent members are Philip Moeller, Rebecca Stahl and Joseph Tato. CEO Kenneth Young and Chief Strategy Officer Henry Bartoli have also joined the Board, with Young appointed as Chairman of the Board.

AKRON, Ohio, September 1, 2020 — Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) has been invited to present at the 9th Annual Gateway Conference, which is being held virtually on September 9-10, 2020.

• Opens Dubai Headquarters for its Middle East Operations • Names Wassim Moussaoui Managing Director (AKRON, Ohio – August 31, 2020) – Babcock & Wilcox (B&W) (NYSE: BW) continued its expansion into the Middle East and Africa with the formation of Babcock & Wilcox Middle East Holdings, Ltd. and the opening of a headquarters in Dubai, United Arab Emirates for this business. Concurrent with this announcement, Wassim Moussaoui has been named Managing Director, B&W Middle East Holdings.