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CONSUMERS ENERGY CO

For the period ended May 8, 2026. Filed Mar 26, 2026.

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About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

May 8, 2026 · Filed Mar 26, 2026

CMS-PB$74.89+3.5%Stored close · as of Nov 6, 2026
See the whole filing, with its images and exhibits
Contents

Proxy Statement Summary

Meeting Information:Record Date: March 10, 2026
May 8, 2026 • 9:45 a.m. ET
Virtual Meeting atProxy Materials Released: March 26, 2026

The terms “Corporation,” “we,” “our,” “us” and other representations as used in this proxy statement (the “Proxy Statement”) generally refer to both CMS Energy Corporation (“CMS”) and its principal subsidiary, Consumers Energy Company (“Consumers”).

This summary highlights information contained elsewhere in this Proxy Statement and does not contain all of the information that you should consider. We encourage you to read this entire Proxy Statement carefully before voting.

ProposalsCMS ShareholdersConsumers ShareholdersBoard RecommendationPage Reference
Elect the 11 Director Nominees, Named in this Proxy Statement, to the Board of DirectorsXXFOR EACH4
Approve, on an Advisory Basis, Executive CompensationXXFOR57
Ratify the Appointment of Independent Registered Public Accounting FirmXXFOR61
Approve an Amendment to the CMS Restated Articles of Incorporation Increasing the Number of Authorized Shares of CMS Common Stock from 350 Million Shares to 700 Million SharesXFOR62
Approve an Amendment to the CMS Restated Articles of Incorporation to Allow Shareholders to Call a Special MeetingXFOR63
Vote on a Shareholder Proposal: Shareholder Right to Act by Written Consent, if Properly PresentedXAGAINST64

How to Vote

Online:You can vote your shares online by following the instructions on your proxy card, voting instruction form or Notice of Availability of Proxy Materials (“Notice of Availability”).
Telephone:You can vote your shares by telephone by requesting a printed copy of the Proxy Materials and following the instructions on your proxy card or voting instruction form.
Mail:You can vote your shares by mail by requesting a printed copy of the Proxy Materials and signing, dating and mailing in the proxy card or voting instruction form.
Attend:You can vote your shares electronically by attending and voting at the virtual Annual Meeting.
CMS ENERGY 2026 PROXY STATEMENT1
Nominees
Name · Age · Director Since · Independent · Committee Memberships
Audit · Compensation and Human Resources · Finance · Governance, Sustainability and Public Responsibility · Executive
Deborah H. Butler712015YesXX
Ralph Izzo682023YesXX
Richard P. Keyes*562026YesXX
Diane Leopold*592026YesXX
Garrick J. Rochow512020No
John G. Russell, Chairman682010YesChair
Suzanne F. Shank642019YesXChairX
Myrna M. Soto572015YesXChairX
John G. Sznewajs582015YesChairXX
Ronald J. Tanski732019YesChairXX
Laura H. Wright662013YesXXX

*Directors Keyes and Leopold were appointed to the Board in February 2026.

CMS ENERGY 2026 PROXY STATEMENT2
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.