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DTE Energy logoDTE Energy DTE

The company said the Organization and Compensation Committee approved the performance measures and weightings for the 2025 Annual Incentive Plan on February 10, 2025 and 11. Among the measures for executive officers, Utility Operating Excellence Index carries the largest weight at 30%, while DTE Energy Operating Earnings Per Share and Cash From Operations are each 20%.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said the Organization and Compensation Committee approved the performance measures and weightings for the 2025 Annual Incentive Plan on February 10, 2025 and 11. Among the measures for executive officers, Utility Operating Excellence Index carries the largest weight at 30%, while DTE Energy Operating Earnings Per Share and Cash From Operations are each 20%.

  2. DTE Energy said the 2025 AIP measures for DTE Vantage executive officers are DTE Vantage Business Optimization & Development Index at 40%, DTE Vantage Operating Earnings at 30%, DTE Energy Operating Earnings Per Share at 10% and DTE Vantage Cash From Operations at 5%.

  3. The company said target AIP awards for named executive officers in 2025 range from 75% to 145% of base salary. It said final payouts are set by multiplying the target award by a performance payout percentage of 0% to 200%. Target awards are calculated by multiplying the most recent year-end base salary by the target award percentage.

  4. The company said long-term incentive targets for awards granted in 2025 range from 190% to 625% of base salary and will pay out in 2028. Performance shares for the 2027 award are measured over the period from January 1, 2025 to December 31, 2027. For DTE Energy executive officers, performance is measured by total shareholder return against peer group companies at 80% and by 3-year cumulative operating EPS at 20%.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Approval of 2025 Annual Incentive Plan Performance Measures

The company said the Organization and Compensation Committee approved the performance measures and weightings for the 2025 Annual Incentive Plan on February 10, 2025 and 11. Among the measures for executive officers, Utility Operating Excellence Index carries the largest weight at 30%, while DTE Energy Operating Earnings Per Share and Cash From Operations are each 20%.

Source · Based on the filing body and exhibits

AIP Measure Weightings for DTE Vantage Executive Officers

DTE Energy said the 2025 AIP measures for DTE Vantage executive officers are DTE Vantage Business Optimization & Development Index at 40%, DTE Vantage Operating Earnings at 30%, DTE Energy Operating Earnings Per Share at 10% and DTE Vantage Cash From Operations at 5%.

Source · Based on the filing body and exhibits

AIP Target Award Percentages and Final Payout Calculation

The company said target AIP awards for named executive officers in 2025 range from 75% to 145% of base salary. It said final payouts are set by multiplying the target award by a performance payout percentage of 0% to 200%. Target awards are calculated by multiplying the most recent year-end base salary by the target award percentage.

Source · Based on the filing body and exhibits

2027 Long-Term Incentive Plan Performance Share Terms

The company said long-term incentive targets for awards granted in 2025 range from 190% to 625% of base salary and will pay out in 2028. Performance shares for the 2027 award are measured over the period from January 1, 2025 to December 31, 2027. For DTE Energy executive officers, performance is measured by total shareholder return against peer group companies at 80% and by 3-year cumulative operating EPS at 20%.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.