Attached files
Exhibit 99.1
DUKE ENERGY
DIRECTOR COMPENSATION
| Meeting Fees | ||||||||||||||||
| Type of Fee |
Retainers | In-Person Attendance at Meetings Held in Conjunction with a Regular Board of Directors Meeting |
In-Person Meetings Not Held in Conjunction with a Regular Board of Directors Meeting |
Telephonic Participation in Meetings |
||||||||||||
| Annual Board of Directors Retainer (Cash) |
$ | 75,000 | ||||||||||||||
| Annual Board of Directors Retainer (Stock) |
$ | 125,000 | ||||||||||||||
| Board of Directors Meeting Fees |
$ | 2,000 | $ | 2,500 | $ | 2,000 | ||||||||||
| Annual Lead Director Retainer |
$ | 75,000 | ||||||||||||||
| Annual Audit Committee Chair Retainer |
$ | 25,000 | ||||||||||||||
| Annual Chair Retainer (Other Committees) |
$ | 15,000 | ||||||||||||||
| Audit Committee Meeting Fees |
$ | 3,000 | $ | 2,500 | $ | 2,000 | ||||||||||
| Nuclear Oversight Committee Meeting Fees |
$ | 4,000 | $ | 2,500 | $ | 2,000 | ||||||||||
| Other Committee Meeting Fees |
$ | 2,000 | $ | 2,500 | $ | 2,000 | ||||||||||
Stock Ownership Guideline. The Stock Ownership Guideline for nonemployee directors is 5 x the cash retainer (i.e., currently 5 x $50,000, or $250,000). This amount will increase to $375,000 when the cash retainer is increased to $75,000.