Babcock & Wilcox Enterprises, Inc. · NYSE:BW

Babcock & Wilcox Enterprises — Non-Deal Roadshow (November 2016)

11 slides from Babcock & Wilcox Enterprises's roadshow presentation, November 2016

  1. Slide 1: Off-Season Shareholder Engagement

    Off‐Season Shareholder Engagement November 2016 © Babcock & Wilcox Enterprises, Inc. All rights reserved. 1

  2. Slide 2: Company Profile

    Company Profile B&W is a global leader in custom engineered energy and environmental solutions Headquarters: Charlotte, NC Business Model Delivers Maximum Ownership: Public (NYSE:BW) Customer Value, and thus Shareholder Revenue: ~$1.7B Value, through Chairman & CEO: E. James Ferland Approximately 5,

  3. Slide 3: Consistent Strategic Focus

    Consistent Strategic Focus… Power Aftermarket parts and services Optimize Our Legacy Business Utility steam generation and Improve Efficiency Industrial power Environmental solutions Renewable Waste‐to‐energy solutions Pursue Core Growth in Biomass power solutions Global Markets Environmental soluti

  4. Slide 4: Investment Highlights

    Investment Highlights Strong Foundation Significant Earnings Upside Great Brand Associated with Quality, Three‐Pronged Growth Strategy Reliable Delivery and Innovation Aligned with Businesses Customer and Strategic Technology Leader in Partner Relationships Global Power Generation Established Platfo

  5. Slide 5: Successful Track Record of Executing Strategic Priorities and Building Long-term Shareholder Value

    Successful Track Record of Executing Strategic Priorities and Building Long‐term Shareholder Value Strong Leadership Key Accomplishments since Spin‐off Jim Ferland, Chairman and CEO Jim Ferland joined The Babcock &  Focus on profitability and return metrics Wilcox Company (BWC) in April 2012 as whi

  6. Slide 6: Well Qualified and Diverse Board of Directors

    Well Qualified and Diverse Board of Directors Jim Ferland Chairman and CEO Babcock & Wilcox Enterprises Thomas Christopher Stephen Hanks Former President and CEO Former President and CEO of Washington AREVA NP Group International Cynthia Dublin Anne Pramaggiore Former Finance Director President and

  7. Slide 7: Executive Compensation Program Puts Majority of Pay at Risk

    Executive Compensation Program Puts Majority of Pay at Risk B&W seeks to provide reasonable and competitive compensation within a “pay-for-performance” framework Compensation Program is designed to: Alignment with Shareholder Interests • Management team will be rewarded only if we deliver 1 Incent a

  8. Slide 8: Elements of Executive Compensation Program

    Elements of Executive Compensation Program Element Description / Characteristics Performance Metrics Primary Objectives Base • Attract and retain qualified • Annual fixed cash compensation ‐‐ Salary talent • 70% Operating Income and Free • Cash‐based compensation • Incent and reward annual Cash Flow

  9. Slide 9: Executive Compensation Governance

    Executive Compensation Governance “Pay‐for‐performance” philosophy emphasizes compensation tied to creation of  shareholder value  Annual CEO performance evaluation process by independent directors  Double‐trigger on change‐in‐control agreements  Thorough process for setting rigorous performance

  10. Slide 10: Corporate Governance

    Corporate Governance The Board regularly reviews current governance trends and the governance provisions of similarly‐sized companies to determine the appropriate governance structure for B&W Based on our research, B&W has corporate governance practices and policies consistent with other companies t

  11. Slide 11: © Babcock & Wilcox Enterprises, Inc. All rights reserved.

    © Babcock & Wilcox Enterprises, Inc. All rights reserved. 11

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