Progress Energy 2010 Annual Report Download - page 221

Progress Energy Proxy Statement
83
FINANCIAL STATEMENTS
Our 2010 Annual Report, which includes financial statements as of December 31, 2010 and 2009, and for
each of the three years in the period ended December 31, 2010, together with the report of Deloitte & Touche LLP,
our independent registered public accounting firm, was sent to those who were shareholders of record as of the close
of business on March 4, 2011.
FUTURE SHAREHOLDER PROPOSALS
Shareholder proposals submitted for inclusion in the proxy statement for our 2012 Annual Meeting must be
received no later than December 2, 2011, at our principal executive offices, addressed to the attention of:
John R. McArthur
Executive Vice President, General Counsel and Corporate Secretary
Progress Energy, Inc.
P.O. Box 1551
Raleigh, North Carolina 27602-1551
Upon receipt of any such proposal, we will determine whether or not to include such proposal in the proxy
statement and proxy in accordance with regulations governing the solicitation of proxies.
In order for a shareholder to nominate a candidate for director, under our By-Laws timely notice of the
nomination must be received by the Corporate Secretary of the Company either by personal delivery or by United
States registered or certified mail, postage pre-paid, not later than the close of business on the 120th calendar day before
the date our proxy statement was released to shareholders in connection with the previous year’s annual meeting. In no
event shall the public announcement of an adjournment or postponement of an annual meeting or the fact that an annual
meeting is held after the anniversary of the preceding annual meeting commence a new time period for a shareholder’s
giving of notice as described above. The shareholder filing the notice of nomination must include:
• Astotheshareholdergivingthenotice:
– the name and address of record of the shareholder who intends to make the nomination, the
beneficial owner, if any, on whose behalf the nomination is made and of the person or persons
to be nominated;
– the class and number of our shares that are owned by the shareholder and such beneficial owner;
– a representation that the shareholder is a holder of record of our shares entitled to vote at such
meeting and intends to appear in person or by proxy at the meeting to nominate the person or
persons specified in the notice; and
– a description of all arrangements, understandings or relationships between the shareholder and
each nominee and any other person or persons (naming such person or persons) pursuant to
which the nomination or nominations are to be made by the shareholder.
• Astoeachpersonwhomtheshareholderproposestonominateforelectionasadirector:
– the name, age, business address and, if known, residence address of such person;
– the principal occupation or employment of such person;
– the class and number of shares of our stock that are beneficially owned by such person;