X0306 4 2017-03-03 0001630805 Babcock & Wilcox Enterprises, Inc. BW 0001644980 Low Mark S 20 S. VAN BUREN AVENUE BARBERTON OH 44203 0 1 0 0 Senior Vice President Common Stock 2017-03-03 4 M 0 2111 0 A 12145 D Common Stock 2017-03-03 4 F 0 810 10.49 D 11335 D Common Stock 630 I 401k Plan Restricted Stock Units 0 2017-03-03 4 A 0 16683 0 A 2020-03-03 Common Stock 16683 16683 D Restricted Stock Units 0 2017-03-03 4 M 0 306 0 D 2017-03-03 Common Stock 306 0 D Restricted Stock Units 0 2017-03-03 4 M 0 1805 0 D 2017-03-03 Common Stock 1805 0 D Based on number of units held in the BW Thrift Plan and the fair market value of BW common stock as of March 1, 2017. Grant of restricted stock units pursuant to the Babcock & Wilcox Enterprises, Inc. Amended and Restated 2015 Long-Term Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of BW common stock. RSUs vest in three equal annual installments beginning March 3, 2018. The Form 4 filed on July 6, 2015 incorrectly reported the grant amount of this RSU award as 611. The correct amount was 612. Therefore, in Column 9 on the Form 4 filed on March 4, 2016 reporting the lapse of 306 RSUs, the number of RSUs beneficially owned following the reported transaction should have been 306. RSUs vest in two annual installments beginning March 3, 2016. 100% of the RSUs vest on March 3, 2017. Mark S. Low by Angela P. Winter, attorney-in-fact 2017-03-07