Cms Energy Corporation · NYSE:CMS
Cms Energy — Shareholder Meeting (May 2024)
9 slides from Cms Energy's shareholder meeting presentation, May 3, 2024
Slide 1: 2024 Annual Meeting of Shareholders
2024 Annual Meeting of Shareholders Garrick Rochow May 3, 2024
Slide 2: Our Purpose
Our Purpose People Planet Profit 2
Slide 3: Investment Thesis
Investment Thesis . . . ✓ Industry-leading net zero commitments Clean Energy Leader Strong Cash Flow Infrastructure ✓ & Balance Sheet Renewal Excellence through the ✓ Attractive & Constructive Top-tier regulatory jurisdictiona Diversified Territory Legislation Affordable Prices ✓ Premium total share
Slide 4: People
People • >50% reduction in high-risk safety incidents • Recognized by… • Department of Defense: Freedom Award, highest honor, supporting employees in Guard and Reserves • Top US Utility 2023 Corporate Religious Equity, Diversity & Inclusion (REDI) Index • ~$125M of customer assistance to help keep b
Slide 5: Planet
Planet • New clean energy legislation that sets a path for 100% clean energy in Michigan and supports our industry- leading Clean Energy Transformation • 60% renewables by 2035 & 100% clean energy by 2040 • Enhanced financial compensation on purchase power agreements • Increased energy efficiency in
Slide 6: Profit
Profit • Over two decades of industry-leading financial performance • Delivered year-end adjusted EPS of $3.11b – toward the high end of the guidance range • Increased annual dividend per share to $2.06 – 18th increase in as many years • $79M of cost savings by leveraging the CE Way • ~360 MW of new
Slide 7: 7
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Slide 8: CMS Energy
CUS ENERGY
Slide 9: Reconciliation of GAAP Net Income to Non-GAAP Adjusted Net Income
CMS ENERGY CORPORATION Reconciliation of GAAP Net Income to Non-GAAP Adjusted Net Income (Unaudited) CMS Energy provides historical financial results on both a reported (GAAP) and adjusted (non-GAAP) basis and provides forward-looking guidance on an adjusted basis. During an oral presentation, refer