Company: DTK
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0000936340-25-000081
Chunk: 81

Company: DTE ENERGY CO
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 81
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 a special shareholder meeting useless. There is no point to have useless right on the books of DTE Energy.

The reason to enable all shareholders to call for a special shareholder meeting is to allow one shareholder or a group of shareholders to quickly acquire DTE Energy shares to equal the challenging 25% share ownership requirement of all shares outstanding to call for a special shareholder meeting when there is an urgent matter to consider in order to incentivize a turnaround of DTE Energy.

The best strategies for turning around a company do not necessarily come from a company's existing shareholders.

If DTE Energy is in an emergency situation, DTE Energy shareholders will not even consider acquiring more shares in order to call for a special shareholder meeting, if they have wait one-year to call for a special shareholder meeting. A one-year holding period makes no sense. An emergency demands an immediate response.

The fact that one shareholder or a group of shareholders can quickly acquire more shares to call for a special shareholder meeting is an incentive for DTE Energy Directors to avoid such an emergency situation in the first place since the continued service of certain DTE Energy Directors could be terminated by a special shareholder meeting. This is a good incentive for the DTE Energy Directors to have for the benefit of shareholders.

<div align='center'>Please vote yes:

Special Shareholder Meeting Improvement — Proposal 5</div>

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#### Board of Directors Response
THE BOARD OF DIRECTORS OPPOSES THIS SHAREHOLDER PROPOSAL AND RECOMMENDS A VOTE AGAINST IT FOR THE REASONS SET FORTH BELOW:

The Board believes that elimination of the Company’s continuous one-year stock ownership requirement goes against the best interests of the Company and its shareholders for the reasons discussed below.

Shareholders Owning At Least 15% of the Company’s Shares Already Have the Ability to Call a Special Meeting of Shareholders Outside of the Annual Meeting Cycle.

In 2023, the Board reduced the company’s special meeting threshold from 25% to 15%. Accordingly, the Company’s Amended Bylaws currently provide that the Corporate Secretary will call a special meeting when requested to do so by holders of at least 15% of the outstanding common stock entitled to vote at such a meeting in addition to requiring holders to have continuously owned the shares for at least one year.

#### 66DTE ENERGY2025 PROXY STATEMENT
Eliminating the One-Year Holding Requirement Would Increase the Potential for Misuse of the Special Meeting Right by Special-Interest Shareholder Groups with No Long-Term Interest in