On March 23, 2023, Duke Energy Corporation announced that it has received a shareholder proposal from John Chevedden, asking the Company to take each step necessary so that each voting requirement in Company charter and bylaws that calls for a greater than simple majority vote be replaced by a requirement for a majority of the votes cast for and against such proposals, or a simple majority in compliance with applicable laws. In addition, the Company gave no recommendations to the shareholders, at the annual meeting of shareholders scheduled to be held on May 4, 2023.