EX-10.5 3 duk-20220321x10qxexx105.htm DUKE ENERGY CORPORATION 2022 DIRECTOR COMPENSATION PROGRAM SUMMARY
Exhibit 10.5
DUKE ENERGY CORPORATION DIRECTOR COMPENSATION PROGRAM SUMMARY
Effective May 5, 2022, the compensation paid to our outside directors will consist of:

Type of Fee | Fee
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 Compensation & People Development Committee Chair/Nuclear Oversight Committee Chair Retainer | $20,000
Annual Committee Chair Retainer (Other Committees) | $15,000
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 offsite committee meetings (excluding the annual Board retreat) - Attends more than thirty (30) meetings of the Board and its regular standing committees | $10,000