Cms Energy Corporation · NYSE:CMS
Cms Energy — Shareholder Meeting (May 2023)
9 slides from Cms Energy's shareholder meeting presentation, May 5, 2023
Slide 1: 2023 Annual Meeting of Shareholders
2023 Annual Meeting of Shareholders Garrick Rochow May 5, 2023
Slide 2: Our Purpose: People, Planet, Profit
Our Purpose People Planet Profit 2
Slide 3: Investment Thesis
Investment Thesis . . . ✓ Industry-leading net zero commitments Clean Energy Leader ✓ Diversified Service Territory Infrastructure Excellence through the Renewal ✓ a Top-tier regulatory jurisdiction Strong Cash Flow Constructive & Balance Sheet Legislation Affordable Prices ✓ Premium total sharehold
Slide 4: People
People • 27% reduction in high-risk safety incidents • First-quartile customer experienceb • Recognized by… • Forbes® : #1 utility for America’s Best Employers for Women, a Top utility for Best Employers for Diversity and America’s Best Large Employers • Military Times: Best for Vets Employers • New
Slide 5: Planet
Planet • Landmark Clean Energy Plan approved • All coal-fired plants will be retired in 2025 • ~60% reduction in carbon emissions • 8 GW of solar, 550 MW of storage and 2.5 GW of demand-side resources by 2040 • Acquisition of existing 1.2 GW natural gas plant • Saving our customers ~$600M • Commitme
Slide 6: Profit
Profit • Two decades of industry-leading financial performance • Delivered year-end adjusted EPS of $2.89d – at the high end of the guidance range • Increased annual dividend per share to $1.95 – 17th increase in as many years • $58M of cost savings by leveraging the CE Way • ~230 MW of new or expan
Slide 7: 7
7
Slide 8: CMS Energy
CUS ENERGY
Slide 9: Earnings Per Share By Year GAAP Reconciliation
CMS ENERGY CORPORATION Earnings Per Share By Year GAAP Reconciliation (Unaudited) 2022 Reported earnings per share - GAAP $2.85 Pretax items: Electric and gas utility 0.07 Tax impact (0.02) NorthStar Clean Energy (*) Tax impact * Corporate interest and other * Tax impact (*) Disposal of discontinued