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CMS Energy Corporation 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and CMS Energy Corporation’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

20Reported items
761Asset managers
13,241Fund votes
2026-05-08Meeting date

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

Explore CMS Energy Corporation in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by CMS Energy Corporation

These tallies are CMS Energy Corporation’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 Corporation — official shareholder meeting results, meeting held 2026-05-08
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Deborah H. Butler	249,960,034	20,537,029	210,559	--	13,820,318	Majority: yes
Elect Director: Ralph Izzo	268,852,301	1,640,726	214,595	--	13,820,318	Majority: yes
Elect Director: Richard P. Keyes	269,881,299	612,128	214,195	--	13,820,318	Majority: yes
Elect Director: Diane Leopold	269,940,244	559,566	207,812	--	13,820,318	Majority: yes
Elect Director: Garrick J. Rochow	251,112,883	19,377,836	216,903	--	13,820,318	Majority: yes
Elect Director: John G. Russell	246,721,469	23,772,778	213,375	--	13,820,318	Majority: yes
Elect Director: Suzanne F. Shank	267,923,065	2,575,335	209,222	--	13,820,318	Majority: yes
Elect Director: Myrna M. Soto	250,164,278	20,328,365	214,979	--	13,820,318	Majority: yes
Elect Director: John G. Sznewajs	259,536,874	10,955,016	215,732	--	13,820,318	Majority: yes
Elect Director: Ronald J. Tanski	265,603,191	4,889,866	214,565	--	13,820,318	Majority: yes
Elect Director: Laura H. Wright	246,189,708	24,303,411	214,503	--	13,820,318	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	250,583,557	19,690,248	433,817	--	13,820,318	Majority: yes
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, 2026 was approved, with a vote as follows:	266,522,614	17,797,090	208,236	--	--	Majority: yes
Proposal 4: Proposal to amend the CMS Energy Restated Articles of Incorporation Increasing the Number of Authorized Shares of CMS Common Stock from 350 Million Shares to 700 Million Shares was approved with a vote as follows:	272,315,602	11,905,432	306,906	--	--	Majority: yes
Proposal 5: Proposal to amend the CMS Energy Restated Articles of Incorporation to Allow Shareholders to Call a Special Meeting was approved, with a vote as follows:	263,191,924	7,285,900	229,798	--	13,820,318	Majority: yes
Proposal 6: Shareholder Proposal: Shareholder Right to Act by Written Consent did not receive the majority of votes, with a vote as follows:	97,341,575	172,764,095	601,952	--	13,820,318	Majority: no
Elect Director: Deborah H. Butler	84,179,961	--	--	12,401	158,125	Majority: yes
Elect Director: Ralph Izzo	84,184,068	--	--	8,294	158,125	Majority: yes
Elect Director: Richard P. Keyes	84,182,276	--	--	10,086	158,125	Majority: yes
Elect Director: Diane Leopold	84,181,238	--	--	11,124	158,125	Majority: yes
Elect Director: Garrick J. Rochow	84,183,024	--	--	9,338	158,125	Majority: yes
Elect Director: John G. Russell	84,183,043	--	--	9,319	158,125	Majority: yes
Elect Director: Suzanne F. Shank	84,180,320	--	--	12,042	158,125	Majority: yes
Elect Director: Myrna M. Soto	84,179,668	--	--	12,694	158,125	Majority: yes
Elect Director: John G. Sznewajs	84,182,967	--	--	9,395	158,125	Majority: yes
Elect Director: Ronald J. Tanski	84,183,489	--	--	8,873	158,125	Majority: yes
Elect Director: Laura H. Wright	84,179,964	--	--	12,398	158,125	Majority: yes

Source: CMS Energy Corporation, Form 8-K — read the filing on EDGAR.

How asset managers voted at the CMS Energy Corporation 2025-2026 meeting

Each item below shows how the 761 asset managers that disclosed a CMS Energy Corporation 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 Corporation’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 VOTESMajority of the votes cast: yes

Meeting held 2026-05-08.

Combines 18 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%

FOR: 250,583,557AGAINST: 19,690,248

CMS Energy Corporation’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”): 250,583,557 for, 19,690,248 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 308,919,602 outstanding shares: 81% for, 6% against (87% of the company cast a for/against vote).

The 752 asset managers below cast 94% 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 94%

FOR: 94.2%AGAINST: 5.7%ABSTAIN: 0.0%NOT VOTED: 0.0%SPLIT: 0.0%

Largest asset managers voting on “Approve, on an advisory basis, the Company's executive compensation.” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	44,123,409	337	6	For
BlackRock	27,687,041	1,378	0	For
Invesco	15,305,119	0	0	For
State Street	12,741,376	18,650	0	For
Fidelity	12,191,982	0	0	For
Victory Capital	11,521,475	0	0	For
JPMorgan	10,275,331	0	0	For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/	9,400,752	0	0	For
GEODE CAPITAL MANAGEMENT, LLC	8,437,845	0	0	For
Union Investment Management GmbH	0	5,826,033	0	Against
Wellington	4,740,185	0	0	For
T. Rowe Price	4,326,010	0	0	For
Charles Schwab	3,993,817	0	0	For
PICTET ASSET MANAGEMENT SA	3,962,040	0	0	For
Parnassus	3,953,078	0	0	For
WELLS FARGO CLEARING SERVICES, LLC	3,519,270	0	0	For
GQG Partners LLC	3,516,554	0	0	For
LORD, ABBETT & CO. LLC	3,400,513	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
Columbia Threadneedle	2,761,974	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Goldman Sachs	1,559	2,427,067	0	Against
UBS	2,349,366	0	0	For
Northern Trust	2,315,926	0	0	For

Showing the 25 largest of 752 asset managers. See all 752 in the interactive database.

2. Approve an Amendment to the Restated Articles of Incorporation Increasing the Number of Authorized Shares of Common Stock from 350 Million Shares to 700 Million Shares.

CORPORATE GOVERNANCEMajority of the votes cast: yes

Meeting held 2026-05-08.

Combines 7 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 272,315,602AGAINST: 11,905,432

CMS Energy Corporation’s own tally for this item (“Proposal 4: Proposal to amend the CMS Energy Restated Articles of Incorporation Increasing the Number of Authorized Shares of CMS Common Stock from 350 Million Shares to 700 Million Shares was approved with a vote as fol”): 272,315,602 for, 11,905,432 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 308,919,602 outstanding shares: 88% for, 4% against (92% of the company cast a for/against vote).

The 160 asset managers below cast 99.6% of the shares they voted on this item FOR (134,623,084 for, 522,741 against).

FOR 99.6%

FOR: 134,623,084 (99.6%)AGAINST: 522,741 (0.4%)ABSTAIN: 2 (0.0%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “Approve an Amendment to the Restated Articles of Incorporation Increasing the Number of Authorized Shares of C” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	40,766,997	108,376	2	For
BlackRock	14,651,128	5,317	0	For
JPMorgan	10,268,486	0	0	For
Fidelity	8,575,591	0	0	For
State Street	7,444,547	6,348	0	For
Invesco	7,271,363	0	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Charles Schwab	1,962,918	0	0	For
Prudential/PGIM	1,572,009	177,183	0	For
Franklin Custodian Funds	1,600,000	0	0	For
REAVES UTILITY INCOME FUND	1,406,361	0	0	For
First Trust	1,395,743	0	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	1,331,748	0	0	For
Six Circles Trust	1,068,250	0	0	For
Hartford	862,340	0	0	For
TIAA	855,947	0	0	For
Goldman Sachs	826,388	0	0	For
Jackson National	798,414	0	0	For
Bridge Builder Trust	744,231	0	0	For

Showing the 25 largest of 160 asset managers. See all 160 in the interactive database.

3. Approve an Amendment to the Restated Articles of Incorporation to Allow Shareholders to Call a Special Meeting.

CORPORATE GOVERNANCEMajority of the votes cast: yes

Meeting held 2026-05-08.

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%

FOR: 263,191,924AGAINST: 7,285,900

CMS Energy Corporation’s own tally for this item (“Proposal 5: Proposal to amend the CMS Energy Restated Articles of Incorporation to Allow Shareholders to Call a Special Meeting was approved, with a vote as follows:”): 263,191,924 for, 7,285,900 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 308,919,602 outstanding shares: 85% for, 2% against (88% of the company cast a for/against vote).

The 160 asset managers below cast 99.4% of the shares they voted on this item FOR (134,445,930 for, 682,551 against).

FOR 99.4%

FOR: 134,445,930 (99.5%)AGAINST: 682,551 (0.5%)ABSTAIN: 17,343 (0.0%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “Approve an Amendment to the Restated Articles of Incorporation to Allow Shareholders to Call a Special Meeting” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	40,875,241	128	2	For
BlackRock	14,656,445	0	0	For
JPMorgan	10,268,486	0	0	For
Fidelity	8,575,591	0	0	For
State Street	7,450,895	0	0	For
Invesco	7,271,363	0	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Charles Schwab	1,962,918	0	0	For
Prudential/PGIM	1,749,192	0	0	For
Franklin Custodian Funds	1,600,000	0	0	For
REAVES UTILITY INCOME FUND	1,406,361	0	0	For
First Trust	1,395,743	0	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	1,331,748	0	0	For
Six Circles Trust	1,068,250	0	0	For
Hartford	862,340	0	0	For
TIAA	855,947	0	0	For
Goldman Sachs	826,388	0	0	For
Jackson National	595,582	202,832	0	For
Bridge Builder Trust	744,231	0	0	For

Showing the 25 largest of 160 asset managers. See all 160 in the interactive database.

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

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2026-05-08.

Combines 7 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%

FOR: 266,522,614AGAINST: 17,797,090

CMS Energy Corporation’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, 2026 was appro”): 266,522,614 for, 17,797,090 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 308,919,602 outstanding shares: 86% for, 6% against (92% of the company cast a for/against vote).

The 159 asset managers below cast 99.9% of the shares they voted on this item FOR (135,086,492 for, 41,946 against).

FOR 99.9%

FOR: 135,086,492 (100.0%)AGAINST: 41,946 (0.0%)ABSTAIN: 17,342 (0.0%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “Ratify the appointment of independent registered public accounting firm (PricewaterhouseCoopers LLP).” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	40,875,055	316	1	For
BlackRock	14,656,445	0	0	For
JPMorgan	10,268,486	0	0	For
Fidelity	8,575,591	0	0	For
State Street	7,450,846	49	0	For
Invesco	7,271,363	0	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Charles Schwab	1,962,918	0	0	For
Prudential/PGIM	1,749,192	0	0	For
Franklin Custodian Funds	1,600,000	0	0	For
REAVES UTILITY INCOME FUND	1,406,361	0	0	For
First Trust	1,395,743	0	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	1,331,748	0	0	For
Six Circles Trust	1,068,250	0	0	For
Hartford	862,340	0	0	For
TIAA	855,947	0	0	For
Goldman Sachs	826,388	0	0	For
Jackson National	798,414	0	0	For
Bridge Builder Trust	744,231	0	0	For

Showing the 25 largest of 159 asset managers. See all 159 in the interactive database.

5. ELECTION OF DIRECTORS: Deborah H. Butler

DIRECTOR ELECTIONS

Meeting held 2026-05-08.

Combines 6 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 158 asset managers below cast 99.8% of the shares they voted on this item FOR (134,918,156 for, 210,244 against).

FOR: 134,918,156 (99.8%)AGAINST: 210,244 (0.2%)ABSTAIN: 17,342 (0.0%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Deborah H. Butler” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	40,875,018	354	1	For
BlackRock	14,656,445	0	0	For
JPMorgan	10,268,486	0	0	For
Fidelity	8,575,591	0	0	For
State Street	7,450,846	49	0	For
Invesco	7,271,363	0	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Charles Schwab	1,962,918	0	0	For
Prudential/PGIM	1,749,192	0	0	For
Franklin Custodian Funds	1,600,000	0	0	For
REAVES UTILITY INCOME FUND	1,406,361	0	0	For
First Trust	1,395,743	0	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	1,331,748	0	0	For
Six Circles Trust	1,068,250	0	0	For
Hartford	862,340	0	0	For
TIAA	855,947	0	0	For
Goldman Sachs	826,388	0	0	For
Jackson National	798,414	0	0	For
Bridge Builder Trust	744,231	0	0	For

Showing the 25 largest of 158 asset managers. See all 158 in the interactive database.

6. ELECTION OF DIRECTORS: Ralph Izzo

DIRECTOR ELECTIONS

Meeting held 2026-05-08.

Combines 5 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 158 asset managers below cast 99.9% of the shares they voted on this item FOR (135,128,371 for, 29 against).

FOR: 135,128,371 (100.0%)AGAINST: 29 (0.0%)ABSTAIN: 17,343 (0.0%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Ralph Izzo” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	40,875,343	29	2	For
BlackRock	14,656,445	0	0	For
JPMorgan	10,268,486	0	0	For
Fidelity	8,575,591	0	0	For
State Street	7,450,895	0	0	For
Invesco	7,271,363	0	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Charles Schwab	1,962,918	0	0	For
Prudential/PGIM	1,749,192	0	0	For
Franklin Custodian Funds	1,600,000	0	0	For
REAVES UTILITY INCOME FUND	1,406,361	0	0	For
First Trust	1,395,743	0	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	1,331,748	0	0	For
Six Circles Trust	1,068,250	0	0	For
Hartford	862,340	0	0	For
TIAA	855,947	0	0	For
Goldman Sachs	826,388	0	0	For
Jackson National	798,414	0	0	For
Bridge Builder Trust	744,231	0	0	For

Showing the 25 largest of 158 asset managers. See all 158 in the interactive database.

7. ELECTION OF DIRECTORS: Richard P. Keyes

DIRECTOR ELECTIONS

Meeting held 2026-05-08.

Combines 7 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 158 asset managers below cast 99.9% of the shares they voted on this item FOR (135,123,974 for, 4,424 against).

FOR: 135,123,974 (100.0%)AGAINST: 4,424 (0.0%)ABSTAIN: 17,342 (0.0%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Richard P. Keyes” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	40,875,361	9	1	For
BlackRock	14,656,445	0	0	For
JPMorgan	10,268,486	0	0	For
Fidelity	8,575,591	0	0	For
State Street	7,450,895	0	0	For
Invesco	7,271,363	0	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Charles Schwab	1,962,918	0	0	For
Prudential/PGIM	1,749,192	0	0	For
Franklin Custodian Funds	1,600,000	0	0	For
REAVES UTILITY INCOME FUND	1,406,361	0	0	For
First Trust	1,395,743	0	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	1,331,748	0	0	For
Six Circles Trust	1,068,250	0	0	For
Hartford	862,340	0	0	For
TIAA	855,947	0	0	For
Goldman Sachs	826,388	0	0	For
Jackson National	798,414	0	0	For
Bridge Builder Trust	744,231	0	0	For

Showing the 25 largest of 158 asset managers. See all 158 in the interactive database.

8. ELECTION OF DIRECTORS: Diane Leopold

DIRECTOR ELECTIONS

Meeting held 2026-05-08.

Combines 5 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 158 asset managers below cast 99.9% of the shares they voted on this item FOR (135,128,389 for, 8 against).

FOR: 135,128,389 (100.0%)AGAINST: 8 (0.0%)ABSTAIN: 17,342 (0.0%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Diane Leopold” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	40,875,361	8	1	For
BlackRock	14,656,445	0	0	For
JPMorgan	10,268,486	0	0	For
Fidelity	8,575,591	0	0	For
State Street	7,450,895	0	0	For
Invesco	7,271,363	0	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Charles Schwab	1,962,918	0	0	For
Prudential/PGIM	1,749,192	0	0	For
Franklin Custodian Funds	1,600,000	0	0	For
REAVES UTILITY INCOME FUND	1,406,361	0	0	For
First Trust	1,395,743	0	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	1,331,748	0	0	For
Six Circles Trust	1,068,250	0	0	For
Hartford	862,340	0	0	For
TIAA	855,947	0	0	For
Goldman Sachs	826,388	0	0	For
Jackson National	798,414	0	0	For
Bridge Builder Trust	744,231	0	0	For

Showing the 25 largest of 158 asset managers. See all 158 in the interactive database.

9. ELECTION OF DIRECTORS: Garrick J. Rochow

DIRECTOR ELECTIONS

Meeting held 2026-05-08.

Combines 6 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 158 asset managers below cast 99.9% of the shares they voted on this item FOR (135,126,876 for, 1,520 against).

FOR: 135,126,876 (100.0%)AGAINST: 1,520 (0.0%)ABSTAIN: 17,343 (0.0%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Garrick J. Rochow” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	40,875,044	324	2	For
BlackRock	14,656,445	0	0	For
JPMorgan	10,268,486	0	0	For
Fidelity	8,575,591	0	0	For
State Street	7,450,869	26	0	For
Invesco	7,271,363	0	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Charles Schwab	1,962,918	0	0	For
Prudential/PGIM	1,749,192	0	0	For
Franklin Custodian Funds	1,600,000	0	0	For
REAVES UTILITY INCOME FUND	1,406,361	0	0	For
First Trust	1,395,743	0	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	1,331,748	0	0	For
Six Circles Trust	1,068,250	0	0	For
Hartford	862,340	0	0	For
TIAA	855,947	0	0	For
Goldman Sachs	826,388	0	0	For
Jackson National	798,414	0	0	For
Bridge Builder Trust	744,231	0	0	For

Showing the 25 largest of 158 asset managers. See all 158 in the interactive database.

10. ELECTION OF DIRECTORS: John G. Russell

DIRECTOR ELECTIONS

Meeting held 2026-05-08.

Combines 6 wordings of this item as funds reported it.

99.6% fund support · no official result

FOR 99.6%

The 158 asset managers below cast 99.6% of the shares they voted on this item FOR (134,596,309 for, 517,042 against).

FOR: 134,596,309 (99.6%)AGAINST: 517,042 (0.4%)ABSTAIN: 17,342 (0.0%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: John G. Russell” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	40,859,915	408	1	For
BlackRock	14,656,445	0	0	For
JPMorgan	10,268,486	0	0	For
Fidelity	8,575,591	0	0	For
State Street	7,450,869	26	0	For
Invesco	7,271,363	0	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Charles Schwab	1,962,918	0	0	For
Prudential/PGIM	1,749,192	0	0	For
Franklin Custodian Funds	1,600,000	0	0	For
REAVES UTILITY INCOME FUND	1,406,361	0	0	For
First Trust	1,395,743	0	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	1,331,748	0	0	For
Six Circles Trust	1,068,250	0	0	For
Hartford	862,340	0	0	For
TIAA	855,947	0	0	For
Goldman Sachs	826,388	0	0	For
Jackson National	798,414	0	0	For
Bridge Builder Trust	744,231	0	0	For

Showing the 25 largest of 158 asset managers. See all 158 in the interactive database.

11. ELECTION OF DIRECTORS: Suzanne F. Shank

DIRECTOR ELECTIONS

Meeting held 2026-05-08.

Combines 6 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 158 asset managers below cast 99.9% of the shares they voted on this item FOR (135,128,363 for, 37 against).

FOR: 135,128,363 (100.0%)AGAINST: 37 (0.0%)ABSTAIN: 17,342 (0.0%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Suzanne F. Shank” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	40,875,335	37	1	For
BlackRock	14,656,445	0	0	For
JPMorgan	10,268,486	0	0	For
Fidelity	8,575,591	0	0	For
State Street	7,450,895	0	0	For
Invesco	7,271,363	0	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Charles Schwab	1,962,918	0	0	For
Prudential/PGIM	1,749,192	0	0	For
Franklin Custodian Funds	1,600,000	0	0	For
REAVES UTILITY INCOME FUND	1,406,361	0	0	For
First Trust	1,395,743	0	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	1,331,748	0	0	For
Six Circles Trust	1,068,250	0	0	For
Hartford	862,340	0	0	For
TIAA	855,947	0	0	For
Goldman Sachs	826,388	0	0	For
Jackson National	798,414	0	0	For
Bridge Builder Trust	744,231	0	0	For

Showing the 25 largest of 158 asset managers. See all 158 in the interactive database.

12. ELECTION OF DIRECTORS: Myrna M. Soto

DIRECTOR ELECTIONS

Meeting held 2026-05-08.

Combines 6 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 158 asset managers below cast 99.8% of the shares they voted on this item FOR (134,908,143 for, 220,254 against).

FOR: 134,908,143 (99.8%)AGAINST: 220,254 (0.2%)ABSTAIN: 17,342 (0.0%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Myrna M. Soto” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	40,875,010	359	1	For
BlackRock	14,654,697	1,748	0	For
JPMorgan	10,268,486	0	0	For
Fidelity	8,575,591	0	0	For
State Street	7,450,846	49	0	For
Invesco	7,271,363	0	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Charles Schwab	1,962,918	0	0	For
Prudential/PGIM	1,749,192	0	0	For
Franklin Custodian Funds	1,600,000	0	0	For
REAVES UTILITY INCOME FUND	1,406,361	0	0	For
First Trust	1,395,743	0	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	1,331,748	0	0	For
Six Circles Trust	1,068,250	0	0	For
Hartford	862,340	0	0	For
TIAA	855,947	0	0	For
Goldman Sachs	826,388	0	0	For
Jackson National	798,414	0	0	For
Bridge Builder Trust	744,231	0	0	For

Showing the 25 largest of 158 asset managers. See all 158 in the interactive database.

13. ELECTION OF DIRECTORS: Ronald J. Tanski

DIRECTOR ELECTIONS

Meeting held 2026-05-08.

Combines 6 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 158 asset managers below cast 99.9% of the shares they voted on this item FOR (135,128,322 for, 77 against).

FOR: 135,128,322 (100.0%)AGAINST: 77 (0.0%)ABSTAIN: 17,342 (0.0%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Ronald J. Tanski” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	40,875,294	77	1	For
BlackRock	14,656,445	0	0	For
JPMorgan	10,268,486	0	0	For
Fidelity	8,575,591	0	0	For
State Street	7,450,895	0	0	For
Invesco	7,271,363	0	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Charles Schwab	1,962,918	0	0	For
Prudential/PGIM	1,749,192	0	0	For
Franklin Custodian Funds	1,600,000	0	0	For
REAVES UTILITY INCOME FUND	1,406,361	0	0	For
First Trust	1,395,743	0	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	1,331,748	0	0	For
Six Circles Trust	1,068,250	0	0	For
Hartford	862,340	0	0	For
TIAA	855,947	0	0	For
Goldman Sachs	826,388	0	0	For
Jackson National	798,414	0	0	For
Bridge Builder Trust	744,231	0	0	For

Showing the 25 largest of 158 asset managers. See all 158 in the interactive database.

14. ELECTION OF DIRECTORS: Laura H. Wright

DIRECTOR ELECTIONS

Meeting held 2026-05-08.

Combines 6 wordings of this item as funds reported it.

99.8% fund support · no official result

FOR 99.8%

The 158 asset managers below cast 99.8% of the shares they voted on this item FOR (134,918,100 for, 210,300 against).

FOR: 134,918,100 (99.8%)AGAINST: 210,300 (0.2%)ABSTAIN: 17,342 (0.0%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: Laura H. Wright” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	40,874,962	410	1	For
BlackRock	14,656,445	0	0	For
JPMorgan	10,268,486	0	0	For
Fidelity	8,575,591	0	0	For
State Street	7,450,846	49	0	For
Invesco	7,271,363	0	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Charles Schwab	1,962,918	0	0	For
Prudential/PGIM	1,749,192	0	0	For
Franklin Custodian Funds	1,600,000	0	0	For
REAVES UTILITY INCOME FUND	1,406,361	0	0	For
First Trust	1,395,743	0	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	1,331,748	0	0	For
Six Circles Trust	1,068,250	0	0	For
Hartford	862,340	0	0	For
TIAA	855,947	0	0	For
Goldman Sachs	826,388	0	0	For
Jackson National	798,414	0	0	For
Bridge Builder Trust	744,231	0	0	For

Showing the 25 largest of 158 asset managers. See all 158 in the interactive database.

15. Vote on a Shareholder Proposal: Shareholder Right to Act by Written Consent.

SHAREHOLDER RIGHTS AND DEFENSESMajority of the votes cast: no

Meeting held 2026-05-08.

Combines 6 wordings of this item as funds reported it.

36% Majority: no · of votes cast

FOR 36%AGAINST 64%

FOR: 97,341,575AGAINST: 172,764,095

CMS Energy Corporation’s own tally for this item (“Proposal 6: Shareholder Proposal: Shareholder Right to Act by Written Consent did not receive the majority of votes, with a vote as follows:”): 97,341,575 for, 172,764,095 against, per its Form 8-K (Item 5.07). FOR was not 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 308,919,602 outstanding shares: 32% for, 56% against (87% of the company cast a for/against vote).

The 158 asset managers below cast 20% of the shares they voted on this item FOR (27,083,306 for, 108,040,171 against).

FOR 20%AGAINST 80%

FOR: 27,083,306 (20.0%)AGAINST: 108,040,171 (79.9%)ABSTAIN: 17,349 (0.0%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “Vote on a Shareholder Proposal: Shareholder Right to Act by Written Consent.” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	137,341	40,738,024	8	Against
BlackRock	12,866	14,643,579	0	Against
JPMorgan	0	10,268,486	0	Against
Fidelity	41,000	8,534,591	0	Against
State Street	7,770	7,443,125	0	Against
Invesco	6,456,477	814,886	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	0	3,211,086	0	Against
MFS	0	2,788,680	0	Against
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	0	2,741,980	0	Against
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Charles Schwab	0	1,962,918	0	Against
Prudential/PGIM	1,572,009	177,183	0	For
Franklin Custodian Funds	0	1,600,000	0	Against
REAVES UTILITY INCOME FUND	0	1,406,361	0	Against
First Trust	820,400	575,343	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	0	1,331,748	0	Against
Six Circles Trust	0	1,068,250	0	Against
Hartford	0	862,340	0	Against
TIAA	0	855,947	0	Against
Goldman Sachs	0	826,388	0	Against
Jackson National	381,508	416,906	0	Against
Bridge Builder Trust	722,665	21,566	0	For

Showing the 25 largest of 158 asset managers. See all 158 in the interactive database.

16. ELECTION OF DIRECTORS: John G. Sznewajs

DIRECTOR ELECTIONS

Meeting held 2026-05-08.

Combines 6 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 143 asset managers below cast 99.9% of the shares they voted on this item FOR (127,314,356 for, 54,477 against).

FOR: 127,314,356 (100.0%)AGAINST: 54,477 (0.0%)ABSTAIN: 1 (0.0%)

Largest asset managers voting on “ELECTION OF DIRECTORS: John G. Sznewajs” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	38,282,412	196	1	For
BlackRock	14,656,445	0	0	For
JPMorgan	10,268,486	0	0	For
Fidelity	8,575,591	0	0	For
State Street	7,450,895	0	0	For
Invesco	7,271,363	0	0	For
Victory Capital	5,338,786	0	0	For
Lord Abbett	3,211,086	0	0	For
MFS	2,788,680	0	0	For
MASSACHUSETTS INVESTORS GROWTH STOCK FUND	2,741,980	0	0	For
Columbia Threadneedle	2,720,044	0	0	For
Parnassus	1,976,539	0	0	For
Franklin Custodian Funds	1,600,000	0	0	For
REAVES UTILITY INCOME FUND	1,406,361	0	0	For
First Trust	1,395,743	0	0	For
DNP SELECT INCOME FUND INC	1,334,167	0	0	For
T. Rowe Price	1,331,748	0	0	For
Six Circles Trust	1,068,250	0	0	For
TIAA	855,947	0	0	For
Goldman Sachs	826,388	0	0	For
Jackson National	798,414	0	0	For
Bridge Builder Trust	744,231	0	0	For
ETFis Series Trust I	662,819	0	0	For
Principal	647,800	0	0	For
New York Life	635,738	0	0	For

Showing the 25 largest of 143 asset managers. See all 143 in the interactive database.

17. Election of Directors: John G. Szwedajis

DIRECTOR ELECTIONS

Meeting held 2026-05-08.

100% fund support · no official result

FOR 99.7%

The 20 asset managers below cast 100% of the shares they voted on this item FOR (7,759,565 for, 0 against).

FOR: 7,759,565 (99.8%)ABSTAIN: 17,341 (0.2%)NOT VOTED: 231 (0.0%)

Largest asset managers voting on “Election of Directors: John G. Szwedajis” at CMS Energy Corporation, 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	2,592,763	0	For
Charles Schwab	1,962,918	0	For
Prudential/PGIM	1,749,192	0	For
Hartford	862,340	0	For
Partners Group Private Equity Fund, LLC	148,075	0	For
NYLIM VP FUNDS TRUST	120,882	0	For
Neuberger Berman	84,494	0	For
SEI	63,877	0	For
Venerable Variable Insurance Trust	54,656	0	For
Russell Investments	41,404	0	For
Global X	32,171	0	For
Nationwide	28,982	0	For
Brighthouse	0	17,341	Abstain
NEW COVENANT FUNDS	4,980	0	For
TCW ETF Trust	4,939	0	For
Brinker Capital Destinations Trust	3,315	0	For
SEI Exchange Traded Funds	1,949	0	For
Adviser Managed Trust	1,453	0	For
DoubleLine ETF Trust	775	0	For
Tactical Investment Series Trust	400	0	For

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

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-05-02 (outside the 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%

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

CMS Energy Corporation’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, 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 308,919,602 outstanding shares: 78% for, 6% against (84% of the company cast a for/against vote).

The 4 asset managers below cast 89% of the shares they voted on this item FOR (60,584 for, 7,757 against).

FOR 89%11%

FOR: 60,584 (88.6%)AGAINST: 7,757 (11.4%)

Largest asset managers voting on “Approve, on an advisory basis, the Company's executive compensation.” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Vote
Investment Management Corp of Ontario	59,824	0	For
OSSIAM	0	7,757	Against
NORRIS PERNE & FRENCH LLP/MI	500	0	For
Philip James Wealth Mangement, LLC	260	0	For

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

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2024-05-01 (outside the 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

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

CMS Energy Corporation’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, 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 308,919,602 outstanding shares: 76% for, 4% against (80% of the company cast a for/against vote).

The 2 asset managers below cast 100% of the shares they voted on this item FOR (35,262 for, 0 against).

FOR 100%

FOR: 35,262 (100.0%)

Largest asset managers voting on “Approve, on an advisory basis, the Company's executive compensation.” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Cox Capital Mgt LLC	33,962	0	0	0	For
NORRIS PERNE & FRENCH LLP/MI	1,300	0	0	0	For

20. Director Elections

DIRECTOR ELECTIONS

Meeting held 2026-05-08.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (73 for, 0 against).

FOR: 73 (100.0%)

Largest asset managers voting on “Director Elections” at CMS Energy Corporation, 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Ballew Advisors, Inc	45	0	0	0	For
Members Trust Co	28	0	0	0	For

Largest CMS Energy Corporation shareholders voting in 2025-2026

Ranked by the number of CMS Energy Corporation shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 308,919,602 shares outstanding at the time of that meeting.

Top CMS Energy Corporation shareholders by shares voted, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	14.28%
2	BlackRock	8.96%
3	Invesco	4.95%
4	State Street	4.13%
5	Fidelity	3.95%
6	Victory Capital	3.73%
7	JPMorgan	3.33%
8	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	3.04%
9	GEODE CAPITAL MANAGEMENT, LLC	2.73%
10	Union Investment Management GmbH	1.89%

Reported CMS Energy Corporation ownership

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

CMS Energy Corporation beneficial owners on record for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
BlackRock	10.86%	13F
State Street	5.86%	13F
JPMorgan Chase	5.13%	13F
JPMORGAN CHASE & CO.	5.01%	13G
Geode Capital	2.76%	13F
Invesco	2.47%	13F
Wellington Management	2.15%	13F
Goldman Sachs	1.55%	13F
Morgan Stanley	1.49%	13F
Northern Trust	0.88%	13F

Percentages above are of 308,919,602 shares outstanding, as reported by CMS Energy Corporation on its Form 10-Q dated 2026-04-13 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 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 Corporation’s 10-Q dated 2026-04-13. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At CMS Energy Corporation's shareholder meeting held 2026-05-08, in the 2025-2026 proxy season, 761 asset managers reported how they voted in their SEC Form N-PX filings, covering 13,241 separate fund positions. Their filings are grouped here into 20 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. — FOR was 93% 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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: CMS Energy Corporation'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 Corporation proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).