Company: DTK
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0000936340-25-000081
Chunk: 54

Company: DTE ENERGY CO
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 54
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2024 through December 31, 2026. Payments earned under the 2024 grants and the related performance measures are described in footnote 2 to the “Grants of Plan-Based Awards” table on page 52. In the event a participant retires (age 65 or age 55 or older with at least 10 years of service), dies or becomes disabled, the participant or beneficiary retains the right to a pro-rated number of the performance shares that would otherwise have been payable based upon actual results for the entire performance period. In the event employment terminates for any other reason, the participant forfeits all rights to any outstanding performance shares. In June 2009, the O&C Committee decided that, beginning with the 2010 performance share grants, dividends or dividend equivalents would not be paid on unvested or unearned performance shares. During the period beginning on the date the performance shares are awarded and ending on the certification date of the performance objectives, the number of performance shares awarded will be increased, assuming full dividend reinvestment at the fair market value on the dividend payment date. The cumulative number of performance shares will be adjusted to determine the final payment based on the performance objectives as certified by the Committee.

Performance Shares Paid in 2024 :

The performance shares granted in 2021 were paid in early 2024. The payout amounts were based upon performance measures, each of which was weighted to reflect its importance to the total calculation. The Company had to attain a minimum level for each measure before any compensation was payable with respect to that measure. The minimum established level of each measure would have resulted in a payout of 50% of target, and an established maximum (or better) for each level would have resulted in a payout of 200% of target. The payout amount was based upon the following performance measures (and related weighting):

#### DTE ENERGY2025 PROXY STATEMENT45
Long-Term Incentive Plan (2024 Payout of Awards Granted in 2021)

#### For Messrs. Norcia and Ruud and
Ms. Harris:

| Measures                                     |     | Weight |     | Threshold       |     | Target          |     | Maximum         |     | Result |     | Payout  |     | Weighted Average Payout % |
| Total Shareholder Return: DTE vs. Peer Group |     | 80%    |     | 25th percentile |     | 50th percentile |     | 75th percentile |     | 73.00%