Duke Energy Corporation

Today I am humbled, honored and energized by the responsibility to lead Duke Energy as its next CEO. Technological advances, evolving customer needs and increased energy demand are creating opportunities that were once unimaginable. Duke Energy is entering a pivotal moment in its story. The urgency to meet growing energy demand occurring across our footprint will require focus, ingenuity, courage and passion—the same qualities that our founders embodied when they had the bold idea of powering booming textile mills more than a century ago. And our company is ready. These will continue to be our focus as we move ahead: • Operating with excellence and safety • Serving customers reliably and affordably • Collaborating with our stakeholders to meet our communities’ growing energy needs • Innovating to advance new grid and generation technologies • Providing value to our investors I have the privilege of leading a talented work force of 26,000 at Duke Energy. These folks are the best in the business, with integrity and service at the heart of what we do. I look forward to this new chapter for our company as we build a smarter energy future.

Leading Duke Energy has been the pleasure of a lifetime. As I prepare to pass the torch tomorrow, I am appreciative of the opportunity to serve this remarkable company and its customers and communities for more than 20 years. Working alongside the most talented and dedicated professionals in the industry, I've felt the support of a team working every day – with focus and determination – to deliver for our customers. I am proud of our collective achievements – leading the energy transition, exceeding customer expectations, building a culture of excellence – and the challenges we have successfully navigated. As I think about the strong position the company is in today, I’m excited about the opportunities that lie ahead. Serving our communities’ evolving energy needs is a privilege, and our teammates bring a strong sense of purpose to the job. They are passionate about the work and are driven to find the best solutions. I congratulate and welcome Harry Sideris as he leads the company into this extraordinary time. I’ll be the team’s biggest champion from the sidelines.

Duke Energy Foundation recently announced a $500,000 investment supporting 19 North Carolina community college programs that are creating a pipeline of skilled workers who will help meet the energy industry's growing workforce needs. The Foundation also awarded a $100,000 grant to The Forward Fund to help students in Southeastern North Carolina attain high-wage employment opportunities. “As our state and industry continue to grow, North Carolina’s community colleges are helping us meet the moment,” said Kendal Bowman, Duke Energy’s North Carolina president. “As technologies change and we modernize our energy fleet, we want talent here in the state to help us support our communities and build a smarter energy future for customers." Learn more about Duke Energy’s ongoing commitment to workforce development: http://spr.ly/6040FGo4g. Pictured top: Piedmont Community College; Pictured Bottom Row: Wake Technical Community College, Wayne Community College and Cape Fear Community College

A team of one, our corporate archivist Chris Hamrick documents the way Duke Energy has transformed, grown, and served our communities over the years and up to today. The collection in our Corporate Archives includes assets related to original technology developments and other significant milestones in the history of our products and people. Preserving our history is important because it's also part of the history of the local communities we serve. Here Chris highlights a few pieces from our collection.

Today, we celebrate more than 3,000 employees ensuring safe, reliable natural gas delivery to 1.7 million customers across five states. Happy Natural Gas Utility Workers’ Day!

Roughly 200,000 miles of Duke Energy above-ground power lines wind through a six-state footprint that includes the highlands of Kentucky, the mountains of western North Carolina, and the towering willow oaks of Charlotte. In each of these areas, trees and vegetation can pose hazards to power lines and thus, reliability. Because of the varied terrain Duke Energy covers, the company employs two vegetation teams and a variety of pruning tools and methods to clear trees and vegetation that may interfere with the lines. “The objective is to maintain the lines – before the trees and brush are close enough to cause outages – in a manner that is consistent with good arboricultural practices,” said Wesley Frick, manager of distribution vegetation at Duke Energy. Learn more about the team responsible for vegetation management. http://spr.ly/60410JZIf.

"I love helping people and being able to share information that for me, I did not know until I started working here." We're focused on helping customers save throughout the entire year, not just during the winter and summer seasons when energy use can spike. Dedicated teams are out in the communities we serve, educating customers on money-saving programs available to them and offering tips and guidance for managing energy use. Monique Trice, Customer Assistance Programs Manager, shares her passion for helping others through programs that are making a real difference for our customers.

The Edison Electric Institute (EEI) Board of Directors has presented Duke Energy Chair and CEO Lynn Good with the Thomas A. Edison Legacy Award, honoring her decades of service to the electric power industry. “Lynn’s visionary leadership and steadfast commitment to excellence have always exemplified the very best our industry has to offer, and this well-deserved award recognizes the lasting impact she has had throughout her distinguished career,” said EEI Interim President and CEO Pat Vincent-Collawn. Under her leadership, Duke Energy has emerged as a global leader in transforming customer operations and engagement programs, enhancing emergency response capabilities, and fostering partnerships essential for accelerating modern policy solutions. Please join us in congratulating Lynn for this well-deserved recognition. http://spr.ly/6047LLzoJ.

“I lived in the energy efficiency world of Duke for close to 12 years. I still can’t go into a building without looking for opportunities." After working as a Duke Energy Business Energy Advisor for more than a decade, helping people conserve energy became a way of life for Ken Muth. Muth, now a government and community relations manager in Kentucky, still has a passion for helping customers find ways to save through improved energy efficiency. http://spr.ly/6042Lqjli. Photo: Ken Muth, left, pictured with Paul Meier, longtime mayor of Crestview Hills, Ky.

“On high-energy demand days – like those we saw in January – Lincoln 17 performed efficiently.” Lincoln 17 — the new 402-megawatt simple-cycle combustion turbine generator, built at the existing Lincoln Combustion Turbine Station near Denver, N.C. — is the most efficient natural gas turbine in our fleet. The gas turbine provides the replacement generation needed to retire the last two units at Allen Steam Station. Lincoln 17 can reach full power in roughly 10 minutes – faster than any other turbine of its kind. This flexibility is essential on cold winter mornings or hot summer afternoons, when customers use a lot of electricity. Learn more about our most efficient gas turbine: https://lnkd.in/gQg6QE_B.