Stephen G. De May — Senior Vice President of Tax and Treasurer at Duke Energy Corporation

Mr. Stephen G. De May has been President, Chief Financial Officer, Senior Vice President of Tax, Treasurer & Manager at Duke Energy Florida Project Finance, LLC since 2016. Mr. De May has been Senior Vice President of Tax at of Duke Energy Corporation since February 11, 2016 and also has been its Treasurer since November 2007. Mr. De May has been Treasurer of Duke Energy Ohio, Inc. since November 2007 and also serves as its Vice President. He has been a Senior Vice President of Tax - Duke Energy Florida, Treasurer of Duke Energy Corporation and Senior Vice President of Tax - Duke Energy Corporation since 2016. He has been Treasurer of Duke Energy Florida, LLC since 2012. He is responsible for financing and capital markets activities, liability management, liquidity and cash management, long-term investments and managing Duke Energy's relationships with the major credit rating agencies. He has been Treasurer of Duke Energy Carolinas, LLC since October 2009 and February 2009 respectively. He serves as Vice President of Duke Energy Carolinas, LLC. He served as Senior Vice President of Investor Relations at Duke Energy Ohio, Inc. since October 2009 and also served as its Chief Risk Officer. He served as a Vice President of Duke Energy Corporation from November 2007 to February 2009. He served as Senior Vice President of Investor Relations at Duke Energy Corporation since October 2009 and also served as its Chief Risk Officer from February 20, 2009 to September 2009. He served as General Manager of Corporate Finance and Assistant Treasurer of Duke Energy Corporation. He served as Senior Vice President of Investor Relations at Duke Energy Indiana, LLC. He served as Senior Vice President of Investor Relations at Duke Energy Carolinas, LLC since February 2009. He served as Senior Vice President of Investor Relations of Duke Energy Ohio Inc. since October 2009 and also served as its Chief Risk Officer. From 2004 to 2005, Mr. De May served as Vice President of Energy and Environmental Policy of Duke Energy Ohio, Inc. Following the merger between Duke Energy and Cinergy in April 2006, he served as General Manager of Corporate Finance and Assistant Treasurer of Duke Energy Ohio Inc. He served as Vice President and Treasurer for Duke Energy since 2007. He served as Vice President of Pacific Northern Gas Ltd and Union Gas Limited. He served as Senior Tax Consultant at Deloitte & Touche and a Tax Consultant at Price Waterhouse. During his career, he held several positions in finance and treasury. He joined Duke Energy Corp., in 1990 as a Director of Crescent Resources. In 1994, he joined the Duke Energy Corporation's corporate finance group and in 1996, completed an extended risk management assignment at its energy trading and marketing affiliate. He serves on the Board of Trustees of Providence Day School. He serves as a Director of Conterra Ultra Broadband Holdings Inc., Lions Services Inc., and the University of North Carolina at Chapel Hill's Friends of the Library. He is a Certified Public Accountant in North Carolina. Mr. De May graduated from the University of North Carolina at Chapel Hill with a Bachelor of Arts Degree in Political Science and a Master of Business Administration Degree from the McColl Graduate School of Business at Queens University of Charlotte. He completed Advanced Management Program at the Wharton School of the University of Pennsylvania in 2010.