<p>俄亥俄州阿克倫 --（商業資訊）-- 巴布科克威爾科克企業公司（“B&amp;W” 或 “公司”）（紐約證券交易所代碼：BW）今天宣佈完成其之前宣佈的公開承銷 12,432,432 股普通股的交易，公眾發行價格為每股 18.50 美元（“發行”）。在此次發行中出售的 12,432,432 股普通股反映了承銷商完全行使其購買額外 1,621,621 股普通股的選擇權，價格為公開發行價，扣除承銷折扣和佣金。公司在扣除承銷折扣和佣金及預計的發行費用之前，獲得了約 2.3 億美元的總收益。</p>
<p>公司打算將此次發行的淨收益用於提前償還其信貸協議下的未償還金額，隨後在其信貸協議下重新借入這些金額，並將任何重新借入的金額用於資助與項目相關的資本和營運資金需求，以影響蒸汽渦輪機和鍋爐的生產能力，支持增長計劃，包括人工智能數據中心發電項目和 BrightLoopTM 技術商業化，潛在收購售後或其他能源業務，增強公司的資產負債表以及一般企業用途。</p>
<p>此次發行得到了機構和戰略投資者的參與，包括應用數字公司（“Applied Digital”），該公司以公開發行價格購買了約 540,500 股。應用數字公司的董事長兼首席執行官韋斯·卡明斯（Wes Cummins）評論道：“我們很高興在此次交易中支持巴布科克威爾科克。我們相信公司在滿足支持人工智能和高性能計算應用的電力基礎設施日益增長的需求方面處於良好位置，我們期待參與其持續增長的機會。”</p>
<p>B. Riley Securities 擔任此次發行的主承銷經理。Craig-Hallum 和 Lake Street Capital Markets 擔任此次發行的聯合承銷經理。Northland Capital Markets 擔任此次發行的共同經理。</p>
<p>普通股的發行是在公司於 2025 年 4 月 8 日獲得美國證券交易委員會（“SEC”）批准的 S-3 表格的貨架註冊聲明下進行的。此次發行僅通過與 SEC 提交的招股説明書補充和基礎招股説明書進行。有關此次發行的招股説明書補充和基礎招股説明書的副本可以在 SEC 的網站 www.sec.gov 上獲取，或通過電話 703-312-9580 聯繫 B. Riley Securities, Inc.，地址為 1655 Fort Myer Drive, Suite 1200, Arlington, Virginia 22209，注意：承銷招股説明書部門，或通過電子郵件聯繫 prospectuses@brileysecurities.com。</p>
<p>本新聞稿不構成出售證券的要約或購買證券的要約邀請，也不應在任何州或司法管轄區內進行這些證券的銷售，若在任何此類州或司法管轄區內的證券法規定下，進行此類要約、銷售或邀請將是非法的。</p>
<p><strong>前瞻性聲明</strong></p>
<p>本新聞稿包含 1995 年《私人證券訴訟改革法》意義上的前瞻性聲明。除歷史或當前事實聲明外，本聲明中包含的所有聲明均為前瞻性聲明。這些前瞻性聲明包括但不限於關於公司打算使用此次發行的淨收益的聲明。您不應對這些聲明過度依賴。前瞻性聲明包括諸如 “預計”、“打算”、“計劃”、“可能”、“尋求”、“相信”、“項目”、“預測”、“目標”、“潛力”、“估計”、“可能”、“或許”、“將”、“會”、“應該”、“能夠”、“有”、“由於”、“預期”、“假設”、“考慮”、“繼續” 等詞語及與未來運營表現或其他事件的時間或性質相關的其他類似含義的詞語和術語。</p>
<p>本文件中包含的前瞻性聲明僅在此日期有效。我們沒有義務因新信息、未來事件或其他原因而公開更新或修訂任何前瞻性聲明，法律要求的情況除外。這些前瞻性聲明基於管理層當前的預期，並涉及多種風險和不確定性，包括但不限於：可能出現的進一步情況，這可能會對我們作為持續經營實體的能力產生重大懷疑，這在過去曾發生過；我們有義務在到期之前為 2026 年到期的 6.50% 高級票據進行再融資或償還；與我們行業內合同定價相關的風險；與長期合同客户的爭議；我們所依賴的第三方和分包商的表現；我們或第三方製造設施的中斷；我們執行增長戰略的能力；我們對戰略選擇的評估；我們按時或根本交付積壓訂單的能力；專業責任、產品責任、保修或其他索賠；保險覆蓋不足；我們與當前和未來競爭對手成功競爭的能力；我們新產品的開發；週期性和經濟因素對我們產品需求的影響；遵守政府法規；影響我們業務的立法和監管發展；供應鏈問題；我們債務協議中的財務和其他契約；我們維持足夠的擔保和信用證能力的能力；對我們的商譽或其他無限期無形資產的減值；我們面臨的信用風險；我們信息技術系統的中斷或故障，包括與網絡安全相關的系統；未能遵守數據和隱私法律、法規和標準，或未能妥善維護我們數據的完整性，保護我們系統的專有權利或抵禦網絡安全攻擊，可能會因違規而面臨政府或私人行動；未能保護我們的知識產權，或無法獲得或續訂使用第三方知識產權的許可；關税及其影響的不確定性；制裁和出口管制；國際政治、經濟及其他不確定性；外幣價值波動可能損害我們的盈利能力；我們普通股的市場價格和交易量的波動；普通股股東的所有權或投票權的稀釋；BRC Group Holdings, Inc. 對我們的重大影響；我們公司文件中的反收購條款；税率或税法的變化；我們使用淨經營虧損和某些税收抵免的能力；未能維持有效的財務報告內部控制；新的會計公告或現有會計標準和實踐的變化；我們吸引和維持關鍵人員的能力；我們與工會的關係；與退休福利相關的養老金和醫療費用；自然災害或其他超出我們控制的事件；以及在我們年度報告的第 10-K 表格第一部分第 1A 項和季度報告的第 10-Q 表格第二部分第 1A 項標題為 “風險因素” 下描述的風險和不確定性，這些風險因素可能會不時被我們向 SEC 提交的其他報告修訂、補充或取代。</p>
<p>這些前瞻性聲明是基於詳細假設作出的，反映了管理層當前的預期和信念。雖然我們相信這些前瞻性聲明所依據的假設是合理的，但前瞻性聲明受到與我們運營和商業環境相關的不確定性和因素的影響，這些因素難以預測，可能超出我們的控制。這些不確定性和因素可能導致實際結果與前瞻性聲明中表達或暗示的結果存在重大差異。</p>
<p><strong><em>關於 Babcock &amp; Wilcox Enterprises</em></strong></p>
<p><em>Babcock &amp; Wilcox Enterprises, Inc. 總部位於俄亥俄州阿克倫，是全球電力和工業市場能源及環境產品和服務的領導者。請在 LinkedIn 上關注我們，並訪問 babcock.com 瞭解更多信息。</em></p>
<p><img src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNjA1MTg2NjgxMzhyMQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNjA1MTg2NjgxMzhyMQ"/></p>
<p>在 businesswire.com 查看源版本：https://www.businesswire.com/news/home/20260518668138/en/</p>
<p><strong>投資者聯繫：</strong></p>
<p>Cameron Frymyer，首席財務官</p>
<p>Babcock &amp; Wilcox Enterprises, Inc.</p>
<p>330.860.6176 | investors@babcock.com</p>
<p><strong>媒體聯繫：</strong></p>
<p>Ryan Cornell，公共關係負責人</p>
<p>Babcock &amp; Wilcox Enterprises, Inc.</p>
<p>330.860.1345 | rscornell@babcock.com</p>
<p>來源：Babcock &amp; Wilcox Enterprises, Inc.</p>

<p>Babcock & Wilcox Enterprises, Inc. 已完成其 12,432,432 股普通股的公開發行，發行價格為每股 18.50 美元，籌集了約 2.3 億美元。籌集的資金將用於提前償還其信貸協議下的款項、滿足資本需求、支持增長計劃以及增強資產負債表。包括 Applied Digital Corporation 在內的機構投資者參與了此次發行。該股票是在公司的貨架註冊聲明下發行的</p>

<p>AKRON, Ohio--(BUSINESS WIRE)--Babcock &amp; Wilcox Enterprises, Inc. (“B&amp;W” or the “Company”) (NYSE: BW) announced today the closing of its previously announced underwritten public offering of 12,432,432 shares of its common stock at a price to the public of $18.50 per share (the “Offering”). The 12,432,432 shares of common stock sold in the Offering reflect the full exercise by the underwriters of their option to purchase up to an additional 1,621,621 shares of common stock at the public offering price, less underwriting discounts and commissions. The Company received gross proceeds of approximately $230 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company.</p>
<div class="lb-trans"><p>俄亥俄州阿克倫 --（商業資訊）-- 巴布科克威爾科克企業公司（“B&amp;W” 或 “公司”）（紐約證券交易所代碼：BW）今天宣佈完成其之前宣佈的公開承銷 12,432,432 股普通股的交易，公眾發行價格為每股 18.50 美元（“發行”）。在此次發行中出售的 12,432,432 股普通股反映了承銷商完全行使其購買額外 1,621,621 股普通股的選擇權，價格為公開發行價，扣除承銷折扣和佣金。公司在扣除承銷折扣和佣金及預計的發行費用之前，獲得了約 2.3 億美元的總收益。</p>
</div><p>The Company intends to use the net proceeds of the Offering to prepay amounts outstanding under its Credit Agreement and subsequently reborrow such amounts under its Credit Agreement and use any such reborrowed amounts to fund project-related capital and working capital needs to influence steam turbine and boiler production capacity, support growth initiatives, including AI data center power generation projects and BrightLoopTM technology commercialization, potential acquisitions of aftermarket or other energy businesses, strengthen the Company’s balance sheet and for general corporate purposes.</p>
<div class="lb-trans"><p>公司打算將此次發行的淨收益用於提前償還其信貸協議下的未償還金額，隨後在其信貸協議下重新借入這些金額，並將任何重新借入的金額用於資助與項目相關的資本和營運資金需求，以影響蒸汽渦輪機和鍋爐的生產能力，支持增長計劃，包括人工智能數據中心發電項目和 BrightLoopTM 技術商業化，潛在收購售後或其他能源業務，增強公司的資產負債表以及一般企業用途。</p>
</div><p>The Offering included participation from institutional and strategic investors, including Applied Digital Corporation (“Applied Digital”), which purchased approximately 540,500 shares at the public offering price. Wes Cummins, Chairman and Chief Executive Officer of Applied Digital, commented, “We are pleased to support Babcock &amp; Wilcox in this transaction. We believe the Company is well positioned to capitalize on growing demand for power infrastructure supporting AI and high-performance computing applications, and we look forward to the opportunity to participate in its continued growth.”</p>
<div class="lb-trans"><p>此次發行得到了機構和戰略投資者的參與，包括應用數字公司（“Applied Digital”），該公司以公開發行價格購買了約 540,500 股。應用數字公司的董事長兼首席執行官韋斯·卡明斯（Wes Cummins）評論道：“我們很高興在此次交易中支持巴布科克威爾科克。我們相信公司在滿足支持人工智能和高性能計算應用的電力基礎設施日益增長的需求方面處於良好位置，我們期待參與其持續增長的機會。”</p>
</div><p>B. Riley Securities served as the lead book-running manager for the Offering. Craig-Hallum and Lake Street Capital Markets acted as joint book-running managers for the Offering. Northland Capital Markets acted as co-manager for the Offering.</p>
<div class="lb-trans"><p>B. Riley Securities 擔任此次發行的主承銷經理。Craig-Hallum 和 Lake Street Capital Markets 擔任此次發行的聯合承銷經理。Northland Capital Markets 擔任此次發行的共同經理。</p>
</div><p>The shares of common stock were offered under the Company’s shelf registration statement on Form S-3, which was declared effective by the Securities and Exchange Commission (“SEC”) on April 8, 2025. The Offering was made only by means of a prospectus supplement and accompanying base prospectus, which were filed with the SEC. Copies of the prospectus supplement and the accompanying base prospectus for the Offering may be obtained on the SEC’s website at www.sec.gov, or by contacting B. Riley Securities, Inc. at 1655 Fort Myer Drive, Suite 1200, Arlington, Virginia 22209, Attention: Syndicate Prospectus Department, by telephone at 703-312-9580 or by email at prospectuses@brileysecurities.com.</p>
<div class="lb-trans"><p>普通股的發行是在公司於 2025 年 4 月 8 日獲得美國證券交易委員會（“SEC”）批准的 S-3 表格的貨架註冊聲明下進行的。此次發行僅通過與 SEC 提交的招股説明書補充和基礎招股説明書進行。有關此次發行的招股説明書補充和基礎招股説明書的副本可以在 SEC 的網站 www.sec.gov 上獲取，或通過電話 703-312-9580 聯繫 B. Riley Securities, Inc.，地址為 1655 Fort Myer Drive, Suite 1200, Arlington, Virginia 22209，注意：承銷招股説明書部門，或通過電子郵件聯繫 prospectuses@brileysecurities.com。</p>
</div><p>This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>
<div class="lb-trans"><p>本新聞稿不構成出售證券的要約或購買證券的要約邀請，也不應在任何州或司法管轄區內進行這些證券的銷售，若在任何此類州或司法管轄區內的證券法規定下，進行此類要約、銷售或邀請將是非法的。</p>
</div><p><strong>Forward-Looking Statements</strong></p>
<div class="lb-trans"><p><strong>前瞻性聲明</strong></p>
</div><p>This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this release are forward-looking statements. These forward-looking statements include, without limitation, statements regarding the Company’s intended use of net proceeds from the Offering. You should not place undue reliance on these statements. Forward-looking statements include words such as “expect,” “intend,” “plan,” “likely,” “seek,” “believe,” “project,” “forecast,” “target,” “goal,” “potential,” “estimate,” “may,” “might,” “will,” “would,” “should,” “could,” “can,” “have,” “due,” “anticipate,” “assume,” “contemplate,” “continue” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operational performance or other events.</p>
<div class="lb-trans"><p>本新聞稿包含 1995 年《私人證券訴訟改革法》意義上的前瞻性聲明。除歷史或當前事實聲明外，本聲明中包含的所有聲明均為前瞻性聲明。這些前瞻性聲明包括但不限於關於公司打算使用此次發行的淨收益的聲明。您不應對這些聲明過度依賴。前瞻性聲明包括諸如 “預計”、“打算”、“計劃”、“可能”、“尋求”、“相信”、“項目”、“預測”、“目標”、“潛力”、“估計”、“可能”、“或許”、“將”、“會”、“應該”、“能夠”、“有”、“由於”、“預期”、“假設”、“考慮”、“繼續” 等詞語及與未來運營表現或其他事件的時間或性質相關的其他類似含義的詞語和術語。</p>
</div><p>The forward-looking statements included herein are made only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events, or otherwise, except as required by law. These forward-looking statements are based on management’s current expectations and involve a number of risks and uncertainties, including, but not limited to: the potential for further conditions that could raise substantial doubt as to our ability to continue as a going concern, which has occurred in the past; our obligation to refinance or repay our 6.50% Senior Notes due 2026 prior to their maturity; risks associated with contractual pricing in our industry; disputes with customers with long-term contracts; the performance of third parties and subcontractors on whom we rely; disruptions at our or third-party manufacturing facilities; our ability to execute our growth strategy; our evaluation of strategic alternatives; our ability to deliver our backlog on time or at all; professional liability, product liability, warranty or other claims; inadequate insurance coverage; our ability to compete successfully against current and future competitors; our development of new products; cyclical and economic impacts on demand for our products; compliance with government regulations; legislative and regulatory developments impacting our business; supply chain issues; the financial and other covenants in our debt agreements; our ability to maintain adequate bonding and letter of credit capacity; impairment to our goodwill or other indefinite-lived intangible assets; our exposure to credit risk; disruptions in, or failures of, our information technology systems, including those related to cybersecurity; failure to comply with data and privacy laws, regulations and standards, or if we fail to properly maintain the integrity of our data, protect our proprietary rights to our systems or defend against cybersecurity attacks, we may be subject to government or private actions due to breaches; failure to protect our intellectual property rights, or inability to obtain or renew licenses to use intellectual property of third parties; uncertainty over tariffs and their impacts; sanctions and export controls; international political, economic and other uncertainties; fluctuations in the value of foreign currencies could harm our profitability; volatility of the market price and trading volume of our common stock; dilution of our common shareholders' ownership or voting power; the significant influence of BRC Group Holdings, Inc. over us; anti-takeover provisions in our corporate documents; changes in tax rates or tax law; our ability to use net operating losses and certain tax credits; failure to maintain effective internal control over financial reporting; new accounting pronouncements or changes in existing accounting standards and practices; our ability to attract and maintain key personnel; our relationship with labor unions; pension and medical expenses associated with our retirement benefits; natural disasters or other events beyond our control; and the risks and uncertainties described under the heading “Risk Factors” in Part I, Item 1A of our Annual Report on Form 10-K and Part II, Item 1A of our Quarterly Reports on Form 10-Q as such risk factors may be amended, supplemented, or superseded from time to time by other reports we file with the SEC.</p>
<div class="lb-trans"><p>本文件中包含的前瞻性聲明僅在此日期有效。我們沒有義務因新信息、未來事件或其他原因而公開更新或修訂任何前瞻性聲明，法律要求的情況除外。這些前瞻性聲明基於管理層當前的預期，並涉及多種風險和不確定性，包括但不限於：可能出現的進一步情況，這可能會對我們作為持續經營實體的能力產生重大懷疑，這在過去曾發生過；我們有義務在到期之前為 2026 年到期的 6.50% 高級票據進行再融資或償還；與我們行業內合同定價相關的風險；與長期合同客户的爭議；我們所依賴的第三方和分包商的表現；我們或第三方製造設施的中斷；我們執行增長戰略的能力；我們對戰略選擇的評估；我們按時或根本交付積壓訂單的能力；專業責任、產品責任、保修或其他索賠；保險覆蓋不足；我們與當前和未來競爭對手成功競爭的能力；我們新產品的開發；週期性和經濟因素對我們產品需求的影響；遵守政府法規；影響我們業務的立法和監管發展；供應鏈問題；我們債務協議中的財務和其他契約；我們維持足夠的擔保和信用證能力的能力；對我們的商譽或其他無限期無形資產的減值；我們面臨的信用風險；我們信息技術系統的中斷或故障，包括與網絡安全相關的系統；未能遵守數據和隱私法律、法規和標準，或未能妥善維護我們數據的完整性，保護我們系統的專有權利或抵禦網絡安全攻擊，可能會因違規而面臨政府或私人行動；未能保護我們的知識產權，或無法獲得或續訂使用第三方知識產權的許可；關税及其影響的不確定性；制裁和出口管制；國際政治、經濟及其他不確定性；外幣價值波動可能損害我們的盈利能力；我們普通股的市場價格和交易量的波動；普通股股東的所有權或投票權的稀釋；BRC Group Holdings, Inc. 對我們的重大影響；我們公司文件中的反收購條款；税率或税法的變化；我們使用淨經營虧損和某些税收抵免的能力；未能維持有效的財務報告內部控制；新的會計公告或現有會計標準和實踐的變化；我們吸引和維持關鍵人員的能力；我們與工會的關係；與退休福利相關的養老金和醫療費用；自然災害或其他超出我們控制的事件；以及在我們年度報告的第 10-K 表格第一部分第 1A 項和季度報告的第 10-Q 表格第二部分第 1A 項標題為 “風險因素” 下描述的風險和不確定性，這些風險因素可能會不時被我們向 SEC 提交的其他報告修訂、補充或取代。</p>
</div><p>These forward-looking statements are made based upon detailed assumptions and reflect management’s current expectations and beliefs. While we believe that these assumptions underlying the forward-looking statements are reasonable, forward-looking statements are subject to uncertainties and factors relating to our operations and business environment that are difficult to predict and may be beyond our control. Such uncertainties and factors may cause actual results to differ materially from those expressed or implied by the forward-looking statements.</p>
<div class="lb-trans"><p>這些前瞻性聲明是基於詳細假設作出的，反映了管理層當前的預期和信念。雖然我們相信這些前瞻性聲明所依據的假設是合理的，但前瞻性聲明受到與我們運營和商業環境相關的不確定性和因素的影響，這些因素難以預測，可能超出我們的控制。這些不確定性和因素可能導致實際結果與前瞻性聲明中表達或暗示的結果存在重大差異。</p>
</div><p><strong><em>About Babcock &amp; Wilcox Enterprises</em></strong></p>
<div class="lb-trans"><p><strong><em>關於 Babcock &amp; Wilcox Enterprises</em></strong></p>
</div><p><em>Headquartered in Akron, Ohio, Babcock &amp; Wilcox Enterprises, Inc., is a leader in energy and environmental products and services for power and industrial markets worldwide. Follow us on LinkedIn and learn more at babcock.com.</em></p>
<div class="lb-trans"><p><em>Babcock &amp; Wilcox Enterprises, Inc. 總部位於俄亥俄州阿克倫，是全球電力和工業市場能源及環境產品和服務的領導者。請在 LinkedIn 上關注我們，並訪問 babcock.com 瞭解更多信息。</em></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cts.businesswire.com/ct/CT/query-ZGlzdHJvPW54JmlkPWJ3bmV3cyZsYW5nPWVuJnNpZD1hY3FyOCZzdHk9MjAyNjA1MTg2NjgxMzhyMQ" alt="" original-src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260518668138r1&amp;sid=acqr8&amp;distro=nx&amp;lang=en"/></p>
<p>View source version on businesswire.com: https://www.businesswire.com/news/home/20260518668138/en/</p>
<div class="lb-trans"><p>在 businesswire.com 查看源版本：https://www.businesswire.com/news/home/20260518668138/en/</p>
</div><p><strong>Investor Contact:</strong></p>
<div class="lb-trans"><p><strong>投資者聯繫：</strong></p>
</div><p>Cameron Frymyer, Chief Financial Officer</p>
<div class="lb-trans"><p>Cameron Frymyer，首席財務官</p>
</div><p>Babcock &amp; Wilcox Enterprises, Inc.</p>
<div class="lb-trans"><p>Babcock &amp; Wilcox Enterprises, Inc.</p>
</div><p>330.860.6176 | investors@babcock.com</p>
<div class="lb-trans"><p>330.860.6176 | investors@babcock.com</p>
</div><p><strong>Media Contact:</strong></p>
<div class="lb-trans"><p><strong>媒體聯繫：</strong></p>
</div><p>Ryan Cornell, Public Relations Lead</p>
<div class="lb-trans"><p>Ryan Cornell，公共關係負責人</p>
</div><p>Babcock &amp; Wilcox Enterprises, Inc.</p>
<div class="lb-trans"><p>Babcock &amp; Wilcox Enterprises, Inc.</p>
</div><p>330.860.1345 | rscornell@babcock.com</p>
<div class="lb-trans"><p>330.860.1345 | rscornell@babcock.com</p>
</div><p>Source: Babcock &amp; Wilcox Enterprises, Inc.</p>
<div class="lb-trans"><p>來源：Babcock &amp; Wilcox Enterprises, Inc.</p>
</div>

Babcock & Wilcox Enterprises 宣佈完成普通股發行 | BW 股票新聞