Progress Energy 2008 Annual Report Download - page 135
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Progress Energy Proxy Statement
PROGRESS ENERGY, INC.
410 S. Wilmington Street
Raleigh, North Carolina 27601-1849
NOTICE OF THE ANNUAL MEETING OF SHAREHOLDERS
TO BE HELD ON
MAY 13, 2009
The Annual Meeting of the Shareholders of Progress Energy, Inc. (the “Company”) will be held
at 10:00 a.m. on May 13, 2009, at the Progress Energy Center for the Performing Arts, 2 East South Street,
Raleigh, North Carolina. The meeting will be held in order to:
(1) Elect twelve (12) directors of the Company, each to serve a one-year term. The Company
recommends a vote FOR each of the nominees for director.
(2) Ratify the selection of Deloitte & Touche LLP as the independent registered public
accounting firm for the Company. The Company recommends a vote FOR the ratification
of the selection of Deloitte & Touche LLP as the Company’s independent registered
public accounting firm.
(3) Act upon a proposal to approve the Progress Energy, Inc. 2009 Executive Incentive
Plan to comply with Section 162(m) of the Internal Revenue Code. The Company
recommends a vote FOR this proposal.
(4) Transact any other business as may properly be brought before the meeting.
All holders of the Company’s Common Stock of record at the close of business on March 6, 2009,
are entitled to attend the meeting and to vote. The stock transfer books will remain open.
By order of the Board of Directors
JOHN R. MCARTHUR
Executive Vice President
and Corporate Secretary
Raleigh, North Carolina
March 31, 2009