Babcock & Wilcox Enterprises Notified by NYSE of Continued Listing Standards

For a sustainable future, Babcock & Wilcox Enterprises, a global leader in clean energy technology, is navigating challenges in line with the New York Stock Exchange’s (NYSE) continued listing standards. On April 4, 2025, the Company received a notice from the NYSE regarding non-compliance due to its common stock closing price falling below $1.00 per share over a consecutive 30 trading-day period.

To address this issue, the Company has a six-month window to meet the minimum share price requirement to comply with NYSE regulations. Babcock & Wilcox plans to communicate its intent to regain compliance promptly. Despite this notice, the Company’s common stock will continue to be listed and traded on the NYSE during this cure period, as long as it meets other listing requirements.

It is essential to note that the NYSE Notice has no direct impact on Babcock & Wilcox’s business operations or its obligations to the U.S. Securities and Exchange Commission. Moreover, the notice does not result in any violation of the Company’s debt obligations, ensuring that its financial and operational integrity remains intact.

Babcock & Wilcox, headquartered in Akron, Ohio, is at the forefront of the energy and environmental sectors, providing innovative products and services for power and industrial markets worldwide. By maintaining compliance with the NYSE listing standards, the Company aims to safeguard its position as a distinguished leader in the field of sustainable energy solutions.

Looking ahead, Babcock & Wilcox remains committed to achieving its objectives despite regulatory challenges. The Company’s focus on strategic planning and operational efficiency underscores its dedication to sustainable practices. By adhering to stringent compliance standards, Babcock & Wilcox aims to navigate through obstacles with resilience and determination.

Embracing the principles of sustainability and environmental stewardship, Babcock & Wilcox’s forward-thinking approach emphasizes the importance of upholding high ethical standards. The Company’s commitment to transparent communication and proactive measures reflects its dedication to fostering long-term relationships with stakeholders while driving positive impact within the industry.

In conclusion, Babcock & Wilcox Enterprises’ dedication to clean energy technology and commitment to regulatory compliance underscores its position as a key player in shaping a sustainable future. By navigating challenges with integrity and resolve, the Company continues to spearhead innovative solutions that pave the way for a cleaner and more sustainable world.