Duke Energy Corporation Outside Director Compensation Schedule Effective May 1, 2025

Summary

This document outlines the compensation structure for outside directors of Duke Energy Corporation, effective May 1, 2025. Directors will receive annual retainers in both cash and stock, with additional fees for serving as Chairman, Lead Director, or committee chairs. There are also extra payments for directors who serve on special committees or attend a high number of meetings. The agreement specifies the amounts and conditions for each type of compensation.

EX-10.4 4 duk-20250331x10qxexx104.htm EX-10.4 Document

Exhibit 10.4

Effective May 1, 2025, the compensation paid to our outside directors will consist of:


Type of Fee			Fee
Annual Board Retainer (Cash)			$135,000
Annual Board Retainer (Stock)			$195,000
Annual non-executive Chairman of the Board Retainer, if applicable (50% Cash/50% Stock)			$200,000
Annual Lead Director Retainer, if applicable			$40,000
Annual Audit Committee Chair Retainer			$30,000
Annual Compensation and People Development 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 and attendance as a non-member of a committee) •Attends more than a total of thirty (30) meetings of the Board and committees on which they serve			$10,000