Company: DTK
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0000936340-25-000081
Chunk: 36

Company: DTE ENERGY CO
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 36
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 the highest standards of corporate governance when implementing and reviewing our executive compensation programs. The O&C Committee ensures independence of committee members and compensation consultants, avoids conflicts of interest and has enhanced shareholder disclosure in accordance with SEC and NYSE requirements.

For these reasons, the Board recommends that shareholders vote in favor of the following resolution:

“RESOLVED, that the shareholders approve, on an advisory basis, the overall executive compensation paid to the Named Executive Officers of the Company, as described in the Compensation Discussion and Analysis and the tabular and narrative disclosure regarding Named Executive Officer compensation contained in this proxy statement.”

Because this vote is advisory, it will not be binding upon the Company or the Board. The O&C Committee will take into account the outcome of the vote when considering future executive compensation arrangements.

| THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR THE PROPOSAL TO APPROVE EXECUTIVE COMPENSATION. |

#### DTE ENERGY2025 PROXY STATEMENT33
| PROPOSAL 4 | Management Proposal |

Approval of the DTE Energy Company 2025 Long-Term Incentive Plan

As of March 11, 2025, our Long-Term Incentive Plan, as amended and restated effective May 20, 2021 (the "Prior Plan") has 1,633,894 shares of common stock available for issuance under new awards and 1,469,430 shares of common stock subject to outstanding awards. As of March 11, 2025, the market price per share of the common stock was $132.03.

Our Board of Directors has determined that more shares are needed in order to attract and retain key employees, and as a result, on February 6, 2025, our Board of Directors voted to adopt a new plan, the Company's 2025 Long-Term Incentive Plan (the "2025 Plan"), subject to shareholder approval of the 2025 Plan. If approved by the shareholders, the maximum number of shares that will be available for issuance under the 2025 Plan will be three million (3,000,000) shares, plus the number of shares that remain available for issuance under the Prior Plan on the date of shareholder approval, plus any shares subject to outstanding awards under the Prior Plan that, after the date of shareholder approval, become forfeited or otherwise lapse.

Our Board believes that the 2025 Plan will benefit the Company by (i) assisting in recruiting and retaining the services of individuals with high ability and initiative