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CMS ENERGY CORP. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and CMS ENERGY CORP.’s Form 8-K (Item 5.07 on EDGAR). Page generated 04 October 2026.

18Reported items
731Asset managers
10,273Fund votes
2025-05-02Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore CMS ENERGY CORP. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by CMS ENERGY CORP.

These tallies are CMS ENERGY CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

CMS ENERGY CORP. — official shareholder meeting results, meeting held 2025-05-02
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Deborah H. Butler	254,456,264	5,963,009	354,031	--	12,237,427	Majority: yes
Elect Director: Kurt L. Darrow	246,735,247	13,805,916	232,141	--	12,237,427	Majority: yes
Elect Director: Ralph Izzo	259,647,958	842,715	282,631	--	12,237,427	Majority: yes
Elect Director: Garrick J. Rochow	249,178,636	11,360,492	234,176	--	12,237,427	Majority: yes
Elect Director: John G. Russell	245,068,328	15,476,517	228,459	--	12,237,427	Majority: yes
Elect Director: Suzanne F. Shank	259,085,791	1,456,511	231,002	--	12,237,427	Majority: yes
Elect Director: Myrna M. Soto	247,849,339	12,689,146	234,819	--	12,237,427	Majority: yes
Elect Director: John G. Sznewajs	255,439,464	5,090,860	242,980	--	12,237,427	Majority: yes
Elect Director: Ronald J. Tanski	257,108,585	3,427,079	237,640	--	12,237,427	Majority: yes
Elect Director: Laura H. Wright	235,029,901	25,521,110	222,293	--	12,237,427	Majority: yes
Proposal 2: Non-binding advisory proposal to approve the compensation paid to CMS Energy's named executive officers, as disclosed in its proxy statement pursuant to the compensation disclosure rules of the Securities and Exchange Commission, including the Comp	240,438,055	17,709,150	2,626,099	--	12,237,427	Passed
Proposal 3: Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit CMS Energy's financial statements for the year ending December 31, 2025 was approved, with a vote as follows:	261,075,981	11,705,319	229,431	--	0	Passed
Proposal 4: Shareholder Proposal: Support Shareholder Ability to Call for a Special Shareholder Meeting received the majority of votes, with a vote as follows:	182,883,670	77,497,039	392,595	--	12,237,427	Majority: yes
Elect Director: Deborah H. Butler	84,183,455	--	--	9,326	161,728	Majority: yes
Elect Director: Kurt L. Darrow	84,183,379	--	--	9,402	161,728	Majority: yes
Elect Director: Ralph Izzo	84,185,104	--	--	7,677	161,728	Majority: yes
Elect Director: Garrick J. Rochow	84,185,773	--	--	7,008	161,728	Majority: yes
Elect Director: John G. Russell	84,186,564	--	--	6,217	161,728	Majority: yes
Elect Director: Suzanne F. Shank	84,182,986	--	--	9,795	161,728	Majority: yes
Elect Director: Myrna M. Soto	84,183,696	--	--	9,085	161,728	Majority: yes
Elect Director: John G. Sznewajs	84,185,539	--	--	7,242	161,728	Majority: yes
Elect Director: Ronald J. Tanski	84,185,729	--	--	7,052	161,728	Majority: yes
Elect Director: Laura H. Wright	84,183,161	--	--	9,620	161,728	Majority: yes

Source: CMS ENERGY CORP., Form 8-K — read the filing on EDGAR.

How asset managers voted at the CMS ENERGY CORP. 2024-2025 meeting

Each item below shows how the 731 asset managers that disclosed a CMS ENERGY CORP. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of CMS ENERGY CORP.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Approve, on an advisory basis, the Company's executive compensation.

SECTION 14A SAY-ON-PAY VOTESCompany result: Passed

Meeting held 2025-05-02.

Combines 15 wordings of this item as funds reported it.

93% Passed · of votes cast

FOR 93%

FOR: 240,438,055AGAINST: 17,709,150

CMS ENERGY CORP.’s own tally for this item (“Proposal 2: Non-binding advisory proposal to approve the compensation paid to CMS Energy's named executive officers, as disclosed in its proxy statement pursuant to the compensation disclosure rules of the Securities and”): 240,438,055 for, 17,709,150 against — passed, per its Form 8-K (Item 5.07). Of all 299,100,000 outstanding shares: 80% for, 6% against (86% of the company cast a for/against vote).

The 716 asset managers below cast 96% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the total votes cast at the meeting.

FOR 95%

FOR: 95.2%AGAINST: 3.9%ABSTAIN: 0.8%NOT VOTED: 0.0%

Largest asset managers voting on “Approve, on an advisory basis, the Company's executive compensation.” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Abstain	Vote
Vanguard	39,126,530	3	0	For
T. Rowe Price	25,836,685	0	0	For
JPMorgan	25,787,953	0	0	For
BlackRock	24,968,660	1,378	0	For
State Street	18,019,329	0	0	For
Fidelity	11,589,468	0	0	For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	11,485,120	0	0	For
Invesco	10,555,214	0	0	For
GEODE CAPITAL MANAGEMENT, LLC	7,791,016	0	0	For
Charles Schwab	3,757,434	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	3,670,301	0	0	For
Union Investment Privatfonds GmbH	0	3,589,396	0	Against
Prudential/PGIM	3,206,427	0	0	For
Columbia Threadneedle	2,994,042	0	0	For
MFS	2,928,334	0	0	For
Northern Trust	2,688,953	0	0	For
Legal & General Investment Management Ltd	35,660	2,374,836	0	Against
PICTET ASSET MANAGEMENT SA	2,284,178	0	0	For
Eaton Vance	2,249,915	0	0	For
J O HAMBRO CAPITAL MANAGEMENT LTD	0	0	2,247,688	Abstain
Victory Capital	2,116,026	0	0	For
LORD, ABBETT & CO. LLC	1,938,719	0	0	For
UBS	1,877,800	26,694	0	For
JENNISON ASSOCIATES LLC	1,888,775	0	0	For
Lord Abbett	1,865,955	0	0	For

Showing the 25 largest of 716 asset managers. See all 716 in the interactive database.

2. Ratify the appointment of independent registered public accounting firm (PricewaterhouseCoopers LLP).

AUDIT-RELATEDCompany result: Passed

Meeting held 2025-05-02.

Combines 7 wordings of this item as funds reported it.

96% Passed · of votes cast

FOR 96%

FOR: 261,075,981AGAINST: 11,705,319

CMS ENERGY CORP.’s own tally for this item (“Proposal 3: Proposal to ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm to audit CMS Energy's financial statements for the year ending December 31, 2025 was appro”): 261,075,981 for, 11,705,319 against — passed, per its Form 8-K (Item 5.07). Of all 299,100,000 outstanding shares: 87% for, 4% against (91% of the company cast a for/against vote).

The 161 asset managers below cast 99.9% of the shares they voted on this item FOR (125,275,491 for, 69,249 against).

FOR 99.8%

FOR: 125,275,491 (99.9%)AGAINST: 69,249 (0.1%)ABSTAIN: 81,345 (0.1%)

Largest asset managers voting on “Ratify the appointment of independent registered public accounting firm (PricewaterhouseCoopers LLP).” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,115,589	2	For
BlackRock	14,646,020	0	For
T. Rowe Price	9,368,957	0	For
Fidelity	8,226,599	0	For
JPMorgan	7,878,103	0	For
State Street	6,626,412	53	For
Invesco	4,529,256	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	3,670,301	0	For
Columbia Threadneedle	2,935,180	0	For
MFS	2,928,334	0	For
Prudential/PGIM	2,504,316	0	For
Lord Abbett	1,865,955	0	For
Charles Schwab	1,857,640	0	For
Victory Capital	1,694,594	0	For
Franklin Custodian Funds	1,600,000	0	For
First Trust	1,382,563	0	For
DNP SELECT INCOME FUND INC	1,262,547	0	For
TIAA	1,093,294	0	For
Dimensional	822,943	0	For
Jackson National	786,560	0	For
Goldman Sachs	780,293	0	For
New York Life	751,362	0	For
Eaton Vance	730,700	0	For
Capital Group	533,678	0	For
MASTER INVESTMENT PORTFOLIO	437,210	0	For

Showing the 25 largest of 161 asset managers. See all 161 in the interactive database.

3. ELECTION OF DIRECTORS: Deborah H. Butler

DIRECTOR ELECTIONS

Meeting held 2025-05-02.

Combines 5 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 157 asset managers below cast 99.9% of the shares they voted on this item FOR (125,343,508 for, 30 against).

FOR: 125,343,508 (99.9%)AGAINST: 30 (0.0%)ABSTAIN: 81,345 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Deborah H. Butler” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,115,590	1	For
BlackRock	14,646,020	0	For
T. Rowe Price	9,368,957	0	For
Fidelity	8,226,599	0	For
JPMorgan	7,878,103	0	For
State Street	6,626,465	0	For
Invesco	4,529,256	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	3,670,301	0	For
Columbia Threadneedle	2,935,180	0	For
MFS	2,928,334	0	For
Prudential/PGIM	2,504,316	0	For
Lord Abbett	1,865,955	0	For
Charles Schwab	1,857,640	0	For
Victory Capital	1,694,594	0	For
Franklin Custodian Funds	1,600,000	0	For
First Trust	1,382,563	0	For
DNP SELECT INCOME FUND INC	1,262,547	0	For
TIAA	1,093,294	0	For
Dimensional	822,943	0	For
Jackson National	786,560	0	For
Goldman Sachs	780,293	0	For
New York Life	751,362	0	For
Eaton Vance	730,700	0	For
Capital Group	533,678	0	For
MASTER INVESTMENT PORTFOLIO	437,210	0	For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

4. ELECTION OF DIRECTORS: Kurt L. Darrow

DIRECTOR ELECTIONS

Meeting held 2025-05-02.

Combines 5 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.6%

The 157 asset managers below cast 99.7% of the shares they voted on this item FOR (124,986,401 for, 357,137 against).

FOR: 124,986,401 (99.7%)AGAINST: 357,137 (0.3%)ABSTAIN: 81,345 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Kurt L. Darrow” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,115,589	2	For
BlackRock	14,646,020	0	For
T. Rowe Price	9,368,957	0	For
Fidelity	8,226,599	0	For
JPMorgan	7,878,103	0	For
State Street	6,626,412	53	For
Invesco	4,529,256	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	3,670,301	0	For
Columbia Threadneedle	2,935,180	0	For
MFS	2,928,334	0	For
Prudential/PGIM	2,504,316	0	For
Lord Abbett	1,865,955	0	For
Charles Schwab	1,857,640	0	For
Victory Capital	1,694,594	0	For
Franklin Custodian Funds	1,600,000	0	For
First Trust	1,382,563	0	For
DNP SELECT INCOME FUND INC	1,262,547	0	For
TIAA	1,093,294	0	For
Dimensional	822,943	0	For
Jackson National	786,560	0	For
Goldman Sachs	780,293	0	For
New York Life	751,362	0	For
Eaton Vance	455,988	274,712	For
Capital Group	533,678	0	For
MASTER INVESTMENT PORTFOLIO	437,210	0	For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

5. ELECTION OF DIRECTORS: Ralph Izzo

DIRECTOR ELECTIONS

Meeting held 2025-05-02.

Combines 5 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.8%

The 157 asset managers below cast 99.9% of the shares they voted on this item FOR (125,185,255 for, 116,826 against).

FOR: 125,185,255 (99.8%)AGAINST: 116,826 (0.1%)ABSTAIN: 122,801 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Ralph Izzo” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Vote
Vanguard	37,115,591	For
BlackRock	14,646,020	For
T. Rowe Price	9,368,957	For
Fidelity	8,226,599	For
JPMorgan	7,878,103	For
State Street	6,626,465	For
Invesco	4,529,256	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	3,670,301	For
Columbia Threadneedle	2,935,180	For
MFS	2,928,334	For
Prudential/PGIM	2,504,316	For
Lord Abbett	1,865,955	For
Charles Schwab	1,857,640	For
Victory Capital	1,694,594	For
Franklin Custodian Funds	1,600,000	For
First Trust	1,382,563	For
DNP SELECT INCOME FUND INC	1,262,547	For
TIAA	1,093,294	For
Dimensional	822,943	For
Jackson National	786,560	For
Goldman Sachs	780,293	For
New York Life	751,362	For
Eaton Vance	730,700	For
Capital Group	533,678	For
MASTER INVESTMENT PORTFOLIO	437,210	For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

6. ELECTION OF DIRECTORS: Garrick J. Rochow

DIRECTOR ELECTIONS

Meeting held 2025-05-02.

Combines 5 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 157 asset managers below cast 99.8% of the shares they voted on this item FOR (125,185,220 for, 158,318 against).

FOR: 125,185,220 (99.8%)AGAINST: 158,318 (0.1%)ABSTAIN: 81,345 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Garrick J. Rochow” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,115,589	2	For
BlackRock	14,646,020	0	For
T. Rowe Price	9,368,957	0	For
Fidelity	8,226,599	0	For
JPMorgan	7,878,103	0	For
State Street	6,626,438	27	For
Invesco	4,529,256	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	3,670,301	0	For
Columbia Threadneedle	2,935,180	0	For
MFS	2,928,334	0	For
Prudential/PGIM	2,504,316	0	For
Lord Abbett	1,865,955	0	For
Charles Schwab	1,857,640	0	For
Victory Capital	1,694,594	0	For
Franklin Custodian Funds	1,600,000	0	For
First Trust	1,382,563	0	For
DNP SELECT INCOME FUND INC	1,262,547	0	For
TIAA	1,093,294	0	For
Dimensional	822,943	0	For
Jackson National	786,560	0	For
Goldman Sachs	780,293	0	For
New York Life	751,362	0	For
Eaton Vance	730,700	0	For
Capital Group	533,678	0	For
MASTER INVESTMENT PORTFOLIO	437,210	0	For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

7. ELECTION OF DIRECTORS: John G. Russell

DIRECTOR ELECTIONS

Meeting held 2025-05-02.

Combines 5 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.6%

The 157 asset managers below cast 99.7% of the shares they voted on this item FOR (125,046,052 for, 297,486 against).

FOR: 125,046,052 (99.7%)AGAINST: 297,486 (0.2%)ABSTAIN: 81,345 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTORS: John G. Russell” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,109,785	5,806	For
BlackRock	14,646,020	0	For
T. Rowe Price	9,368,957	0	For
Fidelity	8,226,599	0	For
JPMorgan	7,878,103	0	For
State Street	6,626,438	27	For
Invesco	4,529,256	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	3,670,301	0	For
Columbia Threadneedle	2,935,180	0	For
MFS	2,928,334	0	For
Prudential/PGIM	2,504,316	0	For
Lord Abbett	1,865,955	0	For
Charles Schwab	1,857,640	0	For
Victory Capital	1,694,594	0	For
Franklin Custodian Funds	1,600,000	0	For
First Trust	1,382,563	0	For
DNP SELECT INCOME FUND INC	1,262,547	0	For
TIAA	1,093,294	0	For
Dimensional	822,943	0	For
Jackson National	786,560	0	For
Goldman Sachs	780,293	0	For
New York Life	751,362	0	For
Eaton Vance	730,700	0	For
Capital Group	533,678	0	For
MASTER INVESTMENT PORTFOLIO	437,210	0	For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

8. ELECTION OF DIRECTORS: Suzanne F. Shank

DIRECTOR ELECTIONS

Meeting held 2025-05-02.

Combines 5 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.8%

The 157 asset managers below cast 99.9% of the shares they voted on this item FOR (125,226,687 for, 116,850 against).

FOR: 125,226,687 (99.8%)AGAINST: 116,850 (0.1%)ABSTAIN: 81,345 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Suzanne F. Shank” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Vote
Vanguard	37,115,591	For
BlackRock	14,646,020	For
T. Rowe Price	9,368,957	For
Fidelity	8,226,599	For
JPMorgan	7,878,103	For
State Street	6,626,465	For
Invesco	4,529,256	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	3,670,301	For
Columbia Threadneedle	2,935,180	For
MFS	2,928,334	For
Prudential/PGIM	2,504,316	For
Lord Abbett	1,865,955	For
Charles Schwab	1,857,640	For
Victory Capital	1,694,594	For
Franklin Custodian Funds	1,600,000	For
First Trust	1,382,563	For
DNP SELECT INCOME FUND INC	1,262,547	For
TIAA	1,093,294	For
Dimensional	822,943	For
Jackson National	786,560	For
Goldman Sachs	780,293	For
New York Life	751,362	For
Eaton Vance	730,700	For
Capital Group	533,678	For
MASTER INVESTMENT PORTFOLIO	437,210	For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

9. ELECTION OF DIRECTORS: Myrna M. Soto

DIRECTOR ELECTIONS

Meeting held 2025-05-02.

Combines 5 wordings of this item as funds reported it.

99.6% fund support · no official result

FOR 99.5%

The 157 asset managers below cast 99.6% of the shares they voted on this item FOR (124,898,768 for, 444,770 against).

FOR: 124,898,768 (99.6%)AGAINST: 444,770 (0.4%)ABSTAIN: 81,345 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Myrna M. Soto” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,115,589	2	For
BlackRock	14,646,020	0	For
T. Rowe Price	9,368,957	0	For
Fidelity	8,226,599	0	For
JPMorgan	7,878,103	0	For
State Street	6,626,465	0	For
Invesco	4,529,256	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	3,670,301	0	For
Columbia Threadneedle	2,935,180	0	For
MFS	2,928,334	0	For
Prudential/PGIM	2,504,316	0	For
Lord Abbett	1,865,955	0	For
Charles Schwab	1,857,640	0	For
Victory Capital	1,694,594	0	For
Franklin Custodian Funds	1,600,000	0	For
First Trust	1,382,563	0	For
DNP SELECT INCOME FUND INC	1,262,547	0	For
TIAA	1,093,294	0	For
Dimensional	822,943	0	For
Jackson National	786,560	0	For
Goldman Sachs	780,293	0	For
New York Life	751,362	0	For
Eaton Vance	730,700	0	For
Capital Group	533,678	0	For
MASTER INVESTMENT PORTFOLIO	437,210	0	For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

10. ELECTION OF DIRECTORS: John G. Sznewajs

DIRECTOR ELECTIONS

Meeting held 2025-05-02.

Combines 5 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 157 asset managers below cast 99.9% of the shares they voted on this item FOR (125,314,816 for, 28,722 against).

FOR: 125,314,816 (99.9%)AGAINST: 28,722 (0.0%)ABSTAIN: 81,345 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTORS: John G. Sznewajs” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,115,590	1	For
BlackRock	14,646,020	0	For
T. Rowe Price	9,368,957	0	For
Fidelity	8,226,599	0	For
JPMorgan	7,878,103	0	For
State Street	6,626,465	0	For
Invesco	4,529,256	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	3,670,301	0	For
Columbia Threadneedle	2,935,180	0	For
MFS	2,928,334	0	For
Prudential/PGIM	2,504,316	0	For
Lord Abbett	1,865,955	0	For
Charles Schwab	1,857,640	0	For
Victory Capital	1,694,594	0	For
Franklin Custodian Funds	1,600,000	0	For
First Trust	1,382,563	0	For
DNP SELECT INCOME FUND INC	1,262,547	0	For
TIAA	1,093,294	0	For
Dimensional	822,943	0	For
Jackson National	786,560	0	For
Goldman Sachs	780,293	0	For
New York Life	751,362	0	For
Eaton Vance	730,700	0	For
Capital Group	533,678	0	For
MASTER INVESTMENT PORTFOLIO	437,210	0	For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

11. ELECTION OF DIRECTORS: Ronald J. Tanski

DIRECTOR ELECTIONS

Meeting held 2025-05-02.

Combines 5 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 157 asset managers below cast 99.9% of the shares they voted on this item FOR (125,302,078 for, 41,460 against).

FOR: 125,302,078 (99.9%)AGAINST: 41,460 (0.0%)ABSTAIN: 81,345 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Ronald J. Tanski” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,115,590	1	For
BlackRock	14,646,020	0	For
T. Rowe Price	9,368,957	0	For
Fidelity	8,226,599	0	For
JPMorgan	7,878,103	0	For
State Street	6,626,465	0	For
Invesco	4,529,256	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	3,670,301	0	For
Columbia Threadneedle	2,935,180	0	For
MFS	2,928,334	0	For
Prudential/PGIM	2,504,316	0	For
Lord Abbett	1,865,955	0	For
Charles Schwab	1,857,640	0	For
Victory Capital	1,694,594	0	For
Franklin Custodian Funds	1,600,000	0	For
First Trust	1,382,563	0	For
DNP SELECT INCOME FUND INC	1,262,547	0	For
TIAA	1,093,294	0	For
Dimensional	822,943	0	For
Jackson National	786,560	0	For
Goldman Sachs	780,293	0	For
New York Life	751,362	0	For
Eaton Vance	730,700	0	For
Capital Group	533,678	0	For
MASTER INVESTMENT PORTFOLIO	437,210	0	For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

12. ELECTION OF DIRECTORS: Laura H. Wright

DIRECTOR ELECTIONS

Meeting held 2025-05-02.

Combines 5 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 157 asset managers below cast 98% of the shares they voted on this item FOR (123,337,393 for, 2,006,145 against).

FOR: 123,337,393 (98.3%)AGAINST: 2,006,145 (1.6%)ABSTAIN: 81,345 (0.1%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Laura H. Wright” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,115,587	4	For
BlackRock	14,646,020	0	For
T. Rowe Price	9,368,957	0	For
Fidelity	8,226,599	0	For
JPMorgan	7,878,103	0	For
State Street	6,626,412	53	For
Invesco	4,529,256	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	3,670,301	0	For
Columbia Threadneedle	2,935,180	0	For
MFS	2,928,334	0	For
Prudential/PGIM	2,504,316	0	For
Lord Abbett	1,865,955	0	For
Charles Schwab	1,857,640	0	For
Victory Capital	1,694,594	0	For
Franklin Custodian Funds	1,600,000	0	For
First Trust	1,382,563	0	For
DNP SELECT INCOME FUND INC	1,262,547	0	For
TIAA	1,093,294	0	For
Dimensional	822,943	0	For
Jackson National	786,560	0	For
Goldman Sachs	780,293	0	For
New York Life	751,362	0	For
Eaton Vance	455,988	274,712	For
Capital Group	533,678	0	For
MASTER INVESTMENT PORTFOLIO	437,210	0	For

Showing the 25 largest of 157 asset managers. See all 157 in the interactive database.

13. Vote on a Shareholder Proposal: Support Shareholder Ability to Call for a Special Shareholder Meeting.

SHAREHOLDER RIGHTS AND DEFENSESMajority of the votes cast: yes

Meeting held 2025-05-02.

Combines 5 wordings of this item as funds reported it.

70% Majority: yes · of votes cast

FOR 70%AGAINST 30%

FOR: 182,883,670AGAINST: 77,497,039

CMS ENERGY CORP.’s own tally for this item (“Proposal 4: Shareholder Proposal: Support Shareholder Ability to Call for a Special Shareholder Meeting received the majority of votes, with a vote as follows:”): 182,883,670 for, 77,497,039 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 299,100,000 outstanding shares: 61% for, 26% against (87% of the company cast a for/against vote).

The 154 asset managers below cast 69% of the shares they voted on this item FOR (88,048,271 for, 40,474,869 against).

FOR 68%AGAINST 31%

FOR: 88,048,271 (68.5%)AGAINST: 40,474,869 (31.5%)ABSTAIN: 81,345 (0.1%)

Largest asset managers voting on “Vote on a Shareholder Proposal: Support Shareholder Ability to Call for a Special Shareholder Meeting.” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
Vanguard	37,100,132	15,459	For
BlackRock	18,441	14,627,579	Against
T. Rowe Price	205,651	9,163,306	Against
Fidelity	6,925,910	1,300,689	For
JPMorgan	0	7,878,103	Against
State Street	6,626,130	335	For
Invesco	4,529,256	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	3,670,301	0	For
Union Investment Privatfonds GmbH	3,589,396	0	For
Columbia Threadneedle	2,935,180	0	For
MFS	2,928,334	0	For
Prudential/PGIM	2,428,983	75,333	For
Lord Abbett	1,865,955	0	For
Charles Schwab	0	1,857,640	Against
Victory Capital	1,694,594	0	For
Franklin Custodian Funds	1,600,000	0	For
First Trust	1,382,563	0	For
DNP SELECT INCOME FUND INC	1,262,547	0	For
TIAA	0	1,093,294	Against
Dimensional	0	822,943	Against
Jackson National	556,701	229,859	For
Goldman Sachs	780,293	0	For
New York Life	379,716	371,646	For
Eaton Vance	730,700	0	For
Capital Group	533,678	0	For

Showing the 25 largest of 154 asset managers. See all 154 in the interactive database.

14. Provide Right to Call a Special Meeting at a 10 Percent Ownership Threshold

DIRECTOR ELECTIONS

Meeting held 2025-05-02.

68% fund support · no official result

FOR 68%AGAINST 32%

The 8 asset managers below cast 68% of the shares they voted on this item FOR (283,652 for, 136,034 against).

FOR: 283,652 (67.6%)AGAINST: 136,034 (32.4%)

Largest asset managers voting on “Provide Right to Call a Special Meeting at a 10 Percent Ownership Threshold” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
RWC Asset Management LLP	0	136,034	Against
Empower	97,562	0	For
Tidal Trust III	89,492	0	For
GreenFi Funds Trust	40,971	0	For
GuideStone	26,275	0	For
AGF Investments Trust	17,215	0	For
CLEARWATER INVESTMENT TRUST	10,200	0	For
HC CAPITAL TRUST	1,937	0	For

15. Approve, on an advisory basis, the Company's executive compensation

SECTION 14A SAY-ON-PAY VOTESCompany result: Passed

Meeting held 2024-05-03 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 3 wordings of this item as funds reported it.

95% Passed · of votes cast

FOR 95%

FOR: 235,442,409AGAINST: 12,588,863

CMS ENERGY CORP.’s own tally for this item (“Proposal 2: Non-binding advisory proposal to approve the compensation paid to CMS Energy's named executive officers, as disclosed in its proxy statement pursuant to the compensation disclosure rules of the Securities and”): 235,442,409 for, 12,588,863 against — passed, per its Form 8-K (Item 5.07). Of all 299,100,000 outstanding shares: 79% for, 4% against (83% of the company cast a for/against vote).

The 5 asset managers below cast 100% of the shares they voted on this item FOR (43,185 for, 0 against).

FOR 100%

FOR: 43,185 (100.0%)

Largest asset managers voting on “Approve, on an advisory basis, the Company's executive compensation” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Vote
Cox Capital Mgt LLC	33,962	For
CANTOR FITZGERALD INFRASTRUCTURE FUND	6,923	For
COLDSTREAM CAPITAL MANAGEMENT INC	1,228	For
Axiom Financial Strategies, LLC	1,072	For
Echo45 Advisors LLC	0	--

16. S/H Proposal - Corporate Governance

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2025-05-02.

Combines 2 wordings of this item as funds reported it.

91% fund support · no official result

FOR 91%9%

The 3 asset managers below cast 91% of the shares they voted on this item FOR (809 for, 83 against).

FOR: 809 (90.7%)AGAINST: 83 (9.3%)

Largest asset managers voting on “S/H Proposal - Corporate Governance” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Vote
VOISARD ASSET MANAGEMENT GROUP, INC.	809	0	For
Members Trust Co	0	61	Against
ESL Trust Services, LLC	0	22	Against

17. Election of Directors (Majority Voting)

DIRECTOR ELECTIONS

Meeting held 2025-05-02.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%

Largest asset managers voting on “Election of Directors (Majority Voting)” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
VOISARD ASSET MANAGEMENT GROUP, INC.	809	0	0	0	For
ESL Trust Services, LLC	22	0	0	0	For

18. Director Elections

DIRECTOR ELECTIONS

Meeting held 2025-05-02.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (105 for, 0 against).

FOR: 105 (100.0%)

Largest asset managers voting on “Director Elections” at CMS ENERGY CORP., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
Members Trust Co	61	0	0	0	For
Ballew Advisors, Inc	44	0	0	0	For

Largest CMS ENERGY CORP. shareholders voting in 2024-2025

Ranked by the number of CMS ENERGY CORP. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 299,100,000 shares outstanding at the time of that meeting.

Top CMS ENERGY CORP. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	13.08%
2	T. Rowe Price	8.64%
3	JPMorgan	8.62%
4	BlackRock	8.35%
5	State Street	6.02%
6	Fidelity	3.87%
7	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	3.84%
8	Invesco	3.53%
9	GEODE CAPITAL MANAGEMENT, LLC	2.60%
10	Charles Schwab	1.26%

Reported CMS ENERGY CORP. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

CMS ENERGY CORP. beneficial owners on record for the 2024-2025 proxy season
Holder	% outstanding	Disclosure
Vanguard Group	12.82%	13F
BlackRock	10.30%	13F
JPMorgan Chase	7.81%	13F
State Street	5.58%	13F
T. Rowe Price	5.53%	13F
JPMORGAN CHASE & CO.	5.17%	13G
Geode Capital	2.64%	13F
Invesco	2.35%	13F
Morgan Stanley	1.90%	13F
Goldman Sachs	1.50%	13F

Percentages above are of 299,100,000 shares outstanding, as reported by CMS ENERGY CORP. on its Form 10-Q dated 2025-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from CMS ENERGY CORP.’s 10-Q dated 2025-03-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At CMS ENERGY CORP.'s shareholder meeting held 2025-05-02, in the 2024-2025 proxy season, 731 asset managers reported how they voted in their SEC Form N-PX filings, covering 10,273 separate fund positions. Their filings are grouped here into 18 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Approve, on an advisory basis, the Company's executive compensation. — the proposal passed with 93% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: CMS ENERGY CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

CMS ENERGY CORP. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.