2015 North Carolina State Energy Conference The Transformation of Nuclear Power and its Future Role Moderator: David A. Doctor, President & CEO E4 Carolinas, Inc. 1 Copyright 2014, E4 Carolinas, Inc. ( North Carolina State Energy Conferencewww.e4carolinas.org Raleigh, NC, April 21, 2015 Not for Duplication or Redistribution

2 David Doctor President & CEO, E4 Carolinas Led strategy for two Fortune 500 energy companies Co-founded or led 16 start-up companies CEO of two multi-billion dollar energy marketing/trading companies Adjunct instructor, University of Louisville College of Business Served on 6 private corporation boards of directors A Director, Duke University Energy Initiative Joined E4 Carolinas in September 2014 Copyright 2014, E4 Carolinas, Inc. ( North Carolina State Energy Conferencewww.e4carolinas.org Raleigh, NC, April 21, 2015 Not for Duplication or Redistribution

3 E4 Carolinas The trade association for energy companies in the Carolinas Vision: For the Carolinas to attract and retain the world’s foremost energy and energy-related companies, innovators and leaders. Mission: Cultivate a collaborative Carolinas energy cluster to accelerate economic growth, employment, productivity and prosperity. Copyright 2014, E4 Carolinas, Inc. ( North Carolina State Energy Conferencewww.e4carolinas.org Raleigh, NC, April 21, 2015 Not for Duplication or Redistribution

4 The Panel Chris Fallon, Vice President, Office of Nuclear Development, Duke Energy, “Strategies for Future Nuclear Generating Portfolios” Lee Williams, Senior Vice President Installed Base Projects, AREVA, “Ensuring the Long-Term Safe Operation of Nuclear Plants” Heather Feldman, Program Manager, Electric Power Research Institute, “Technologies in the Nuclear Industry” Lisa Vaughn, Partner, Winston & Strawn, “Regulating Our Aging Nuclear Fleet and Emerging Nuclear Technology” Copyright 2014, E4 Carolinas, Inc. ( North Carolina State Energy Conferencewww.e4carolinas.org Raleigh, NC, April 21, 2015 Not for Duplication or Redistribution

5 Chris Fallon Has responsibility for furthering the regulated nuclear development in the Carolinas and Midwest, identifying and developing nuclear partnership opportunities, and integrating internal efforts associated with the development of the Lee Nuclear Station in Cherokee, SC Began career at Duke Power in 1992 as a Power Quality Engineer 1999 Manager of Transmission Planning and Engineering Studies 2006 General Manager, Asset Strategy and Planning 2007 Managing Director, Strategy and Business Planning Led Duke Energy’s participation in the Pioneer Transmission project Responsible for: Carolinas and Midwest nuclear responsibility Transmission business development 2009 Vice President, Office of Nuclear Development, Duke Energy Copyright 2014, E4 Carolinas, Inc. ( North Carolina State Energy Conferencewww.e4carolinas.org Raleigh, NC, April 21, 2015 Not for Duplication or Redistribution

6 Copyright 2014, E4 Carolinas, Inc. ( North Carolina State Energy Conferencewww.e4carolinas.org Raleigh, NC, April 21, 2015 Not for Duplication or Redistribution Lee Williams Has responsibility for AREVA’s engineering and project management operations in North America, overseeing innovative engineering services, solutions and project delivery performance NC State B.S. (Civil Engineering) and UNCW B.A. (Mathematics) Site Engineering Manger, Browns Ferry Nuclear Power Plant, TVA Chief Civil Engineer, Progress Energy AREVA VP, Bellefonte Nuclear Generating Station Completion Project VP, Major Projects and Plant Upgrade Presently - Senior VP, Installed Base Projects, AREVA

7 Copyright 2014, E4 Carolinas, Inc. ( North Carolina State Energy Conferencewww.e4carolinas.org Raleigh, NC, April 21, 2015 Not for Duplication or Redistribution Heather Feldman Has responsibility for the Electric Power Research Institute’s program that conducts research to inform the development and execution of nuclear power plant engineering programs. BS, MS, PhD Mechanical Engineering, Clemson University Thermal Engineer-Space Shuttle Program, United Space Alliance Electric Power Research Institute Project Manager, Steam Generator Management Program Manager, Thermal-Hydraulics and High-Performance Computing and Modeling and Simulation Presently is the Program Manager of the Balance-of-Plant Corrosion Program

8 Lisa Vaughn She is responsible for nuclear regulatory, employment, and commercial matters for Nuclear Regulatory Commission licensees and their suppliers for Winston & Strawn’s energy group B.A. and J.D. from Campbell University Previously with Duke Energy Senior Attorney Associate General Counsel – Nuclear Managing Attorney – Nuclear, Environmental Health & Safety Special Advisor to the Chairman Partner, Winston & Strawn Copyright 2014, E4 Carolinas, Inc. ( North Carolina State Energy Conferencewww.e4carolinas.org Raleigh, NC, April 21, 2015 Not for Duplication or Redistribution

9 U.S. and Carolinas Power Generation by Energy Source Copyright 2014, E4 Carolinas, Inc. ( North Carolina State Energy Conferencewww.e4carolinas.org Raleigh, NC, April 21, 2015 Not for Duplication or Redistribution

2015 North Carolina State Energy Conference The Transformation of Nuclear Power and its Future Role Moderator: David A. Doctor, President & CEO E4 Carolinas, Inc. 10 Copyright 2014, E4 Carolinas, Inc. ( North Carolina State Energy Conferencewww.e4carolinas.org Raleigh, NC, April 21, 2015 Not for Duplication or Redistribution