Duke Energy Corporation 2023 Director Compensation Program Summary

Summary

Duke Energy Corporation has established its 2023 compensation program for outside directors, effective May 4, 2023. Under this program, outside directors receive an annual cash retainer of $125,000 and an annual stock retainer of $175,000. Additional annual retainers are provided for special roles, such as $100,000 for the non-executive Chairman, $40,000 for the Lead Director, $25,000 for the Audit Committee Chair, and $20,000 for other committee chairs. Directors may also receive an extra $10,000 if they meet certain service or attendance criteria during the year.

EX-10.6 4 duk-20230331x10qxex106.htm DUKE ENERGY CORPORATION 2023 DIRECTOR COMPENSATION PROGRAM SUMMARY Document

Exhibit 10.6



Effective May 4, 2023, the compensation paid to our outside directors will consist of:
Type of FeeFee
Annual Board Retainer (Cash)$125,000
Annual Board Retainer (Stock)$175,000
Annual non-executive Chairman of the Board Retainer, if applicable$100,000
Annual Lead Director Retainer, if applicable$40,000
Annual Audit Committee Chair Retainer$25,000
Annual Committee Chair Retainer (Other Committees)$20,000
Additional Annual Board Retainer (Cash) (up to one)
If director meets one or more of the following during the calendar year:
Serves as a member of a special committee
Attends (in person) more than two off-site committee meetings (excluding the annual Board retreat)
Attends more than thirty (30) meetings of the Board and its regular standing committees
$10,000