Company: DTK
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0000936340-25-000081
Chunk: 42

Company: DTE ENERGY CO
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 42
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 a stock award when the shares subject to the award first become transferable or are no longer subject to a substantial risk of forfeiture. At that time the participant recognizes ordinary income equal to the fair market value of the common stock, less any amount paid by the participant for the common stock.

No income is recognized upon the grant of performance stock units. Income will be recognized on the date that payment is made under the performance stock units in an amount equal to the amount paid in settlement of the performance stock units.

The employer (either the Company or its affiliate) generally will be entitled to claim a federal income tax deduction on account of the exercise of a nonqualified stock option or SAR, the vesting of a stock award and the settlement of performance stock units. The amount of the deduction generally is equal to the ordinary income recognized by the participant. The employer will not be entitled to a federal income tax deduction on account of the grant or exercise of an incentive stock option but may claim a federal income tax deduction on account of certain dispositions of shares acquired under an incentive stock option.

| THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR THE PROPOSAL TO APPROVE THE DTE ENERGY COMPANY 2025 LONG-TERM INCENTIVE PLAN |

#### 36DTE ENERGY2025 PROXY STATEMENT

### EXECUTIVE COMPENSATION

### Compensation Discussion and Analysis

#### Executive Summary
The Company believes in executive compensation that is competitive with our peers, has a meaningful performance component and has equity-based elements to encourage executives to maintain an appropriate ownership interest in the Company. Our performance-based compensation programs result in a majority of the compensation of our Chief Executive Officer being linked to the achievement of a combination of short-term and long-term Company and personal goals and shareholder value creation.

The following elements comprise the total compensation awarded to our Named Executive Officers (“NEOs”):

| Elements of Compensation |     | How this Element Serves the Company's Objective                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|                          |     | Provides a stable, fixed source of income that reflects an executive’s job responsibilities, experience, value to the Company and demonstrated performance.                                                                                                                                                                                                                                                                                                                                                               
 We target median base salaries for our peer group, taking into account differences in company size within the peer group.                                                                                                                                                                                                                                                                                                                                                                                                 |
| Base Salary              |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|                          |     | Intended to compensate individuals yearly based on the achievement of specific near-term, annual goals, which are established at the beginning of each year and approved by the O&C Committee.