Company: DTK
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0000936340-25-000081
Chunk: 11

Company: DTE ENERGY CO
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 11
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TE Energy management believes that operating earnings provide a meaningful representation of the Company’s earnings from ongoing operations and uses operating earnings as the primary performance measurement internally and externally. Operating earnings can be reconciled to our reported earnings as set forth in the following table:

|                                                                          |     | 2024 |     |       |
|:-------------------------------------------------------------------------|:----|:-----|:----|------:|
| Reported Earnings per Share                                              |     | $    |     |  6.77 |
| One-time costs resulting from the voluntary separation incentive program |     |      |     |  0.19 |
| MPSC disallowance of certain capital project costs previously recorded   |     |      |     |  0.06 |
| Gain on sale of equity investment                                        |     |      |     | -0.11 |
| Impairment of equity investment                                          |     |      |     |  0.10 |
| Certain mark-to-market transactions                                      |     |      |     | -0.16 |
| Income tax-related adjustments                                           |     |      |     | -0.02 |
| Operating Earnings per Share                                             |     | $    |     |  6.83 |

Items for Shareholder Vote at this Meeting

At the 2025 Annual Meeting shareholders will vote on the following proposals:

| PROPOSAL 1  | |     | Elect twelve members of the Board of Directors for one year terms ending in 2026;                                                       |
| PROPOSAL 2  | |     | Ratify the appointment of PricewaterhouseCoopers LLP as our independent auditors;                                                       |
| PROPOSAL 3  | |     | Provide a nonbinding vote to approve the Company’s executive compensation;                                                              |
| PROPOSAL 4  | |     | Vote to approve the DTE Energy Company 2025 Long-Term Incentive Plan;                                                                   |
| PROPOSAL 5  | |     | Vote on a shareholder proposal relating to elimination of the holding period for shares required to call a special shareholder meeting. |

Shareholders may vote on any other matter that properly comes before the meeting.

#### DTE ENERGY2025 PROXY STATEMENT7
| PROPOSAL 1 |

Election of Directors

The Board of Directors has nominated twelve directors for election at the 2025 annual shareholder meeting. Directors are elected to serve annual terms which expire when their successors are elected at the next year’s annual shareholder meeting. All of