X0306 4 2019-07-18 0001630805 Babcock & Wilcox Enterprises, Inc. BW 0001645021 Dubin Cynthia S 20 S. VAN BUREN AVENUE BARBERTON OH 44203 1 0 0 0 Common Stock 2019-07-18 4 X 0 73804 .30 A 148588 D Nontransferable Subscription Rights (right to buy) .30 2019-07-18 4 X 0 74784 0 D 2019-06-28 2019-07-18 Common Stock 73804 0 D Represents shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), acquired by the reporting person following the exercise of its subscription rights in connection with the Issuer's rights offering to holders of Common Stock, as described in the Issuer's prospectus dated June 28, 2019, as supplemented. Each holder of Common Stock of record as of June 27, 2019 received one right for each share of Common Stock, and each right entitled the holder of Common Stock to purchase 0.986896 shares of Common Stock at the subscription price of $0.30 per whole share. Represents the reporting person's exercise of subscription rights pursuant to the Rights Offering described in footnote 1. Dubin Cynthia S By: Robert P. McKinney, attorney-in-fact 2019-07-22