DTE Energy

On June 22, 2022, the Organization and Compensation Committee of the Board of Directors of DTE Energy Company (the “Company”) approved the DTE Energy Company Executive Severance Allowance Plan (the “Plan”). The Plan establishes a uniform approach to severance applicable to eligible senior executives (which may include named executive officers) of the Company and its subsidiaries upon a termination of employment without Cause (as defined in the Plan). Senior executives who are entitled to receive benefits under any other Company severance plan, change-in-control severance agreement, employment agreement or other termination agreement, who are terminated for Cause, who voluntarily terminate or quit, or who terminate employment due to death or Disability (as defined in the Plan) are not eligible to receive payments or benefits under the Plan.

On March 9, 2022, Gerard M. Anderson, Executive Chairman of DTE Energy Company, notified the company of his decision to not stand for re-election to the Board of Directors at the Annual Meeting of Shareholders to be held on May 5, 2022 and of his intent to retire as an employee of the company effective June 30, 2022. The Board of Directors has elected current President and Chief Executive Officer Gerardo Norcia to the additional role of Chairman of the Board succeeding Mr. Anderson effective upon the expiration of Mr. Anderson’s current term as Chairman on May 5, 2022.

On February 15, 2022, David E. Meador, Vice Chairman and Chief Administrative Officer of DTE Energy Company, notified the company of his plan to retire effective as of March 14, 2022.

Annual Incentive Plan On February 2, 2022, the Organization and Compensation Committee (the O&C Committee) of the Board of Directors of DTE Energy Company (DTE Energy or the Company) approved 2022 performance measures, weightings and metrics under the Company's Annual Incentive Plan (AIP). The following table summarizes the annual measures for 2022 under the AIP for executive officers of the Company in determining their total annual incentive award: Measures Weight DTE Energy Operating Earnings Per Share 20% DTE Energy Cash From Operations 20% Customer Satisfaction Score 12% Michigan Public Service Commission (MPSC) Customer Complaints 8% DTE Energy Employee Engagement-Gallup 5% DTE Energy Safety Performance 10% Utility Operating Excellence Index 25% The following table summarizes the annual measures for 2022 under the AIP for executive officers of DTE Electric Company (DTE Electric) in…

At the Annual Meeting (described below) the shareholders of DTE Energy Company (the Company) approved an amendment and restatement of the DTE Energy Company Long-Term Incentive Plan (the LTIP). A description of the amendments can be found in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on March 25, 2021 (the Proxy) in “Proposal No. 4 - Management Proposal - Approval of an Amendment and Restatement of the DTE Energy Company Long-Term Incentive Plan,” which is incorporated herein by reference. This description is qualified in its entirety by reference to the amended and restated LTIP attached to the Proxy as Exhibit A.

On May 14, 2021, DTE Energy Company (the “Company”) approved the appointment of Tracy Myrick, currently the Company’s Director – Technical and Corporate Accounting, as the Company’s Chief Accounting Officer to be effective June 21, 2021. Ms. Myrick will also be the Chief Accounting Officer for the Company’s wholly-owned subsidiary, DTE Electric Company. Mark Rolling, currently Vice President, Finance and Controller and Chief Accounting Officer will continue as Vice President, Finance and Controller. Ms. Myrick, age 45, has served as Director – Technical and Corporate Accounting of DTE Energy since 2017. Ms. Myrick will receive an increase in base salary and her target percentages under the Company’s Annual Incentive Plan and Long Term Incentive Plan will increase. She will also be eligible to participate in the Company’s Executive Supplemental Retirement Plan.

Annual Incentive Plan On January 27, 2021, the Organization and Compensation Committee (the O&C Committee) of the Board of Directors of DTE Energy Company (DTE Energy or the Company) approved 2021 performance measures, weightings and metrics under the Company's Annual Incentive Plan (AIP). Gerard M. Anderson, Trevor F. Lauer, David E. Meador and Gerardo Norcia are the Company's "named executive officers" disclosed in the Company's 2020 proxy statement (NEOs). The following table summarizes the annual measures for 2021 under the AIP for Messrs.

As previously disclosed, effective July 1, 2019, Gerard M. Anderson, stepped down as Chief Executive Officer of DTE Energy Company (the “Company” or “DTE Energy”) and was named DTE Energy Executive Chairman, remaining a full-time employee and director of the Company. During the multiyear succession plan, Mr. Anderson serves as an advisor on business issues and focuses on DTE’s community, political and broader industry roles, including leadership in the Detroit Regional CEO Group, the Detroit Regional Partnership, the Detroit Economic Club, Business Leaders for Michigan and the Edison Electric Institute. In connection with an ongoing review of the Executive Chairman’s remuneration, the Company’s board of directors agreed to modify Mr. Anderson’s compensation, and effective January 1, 2021, Mr.

Effective with the May 7, 2020 Annual Meeting of Shareholders (the Annual Meeting), W. Frank Fountain, Jr., a member of the Board of Directors (the Board) of DTE Energy Company (the Company), retired from the Board. Mr. Fountain reached the Board's mandatory retirement age during his most recent term.

On March 23, 2020, the Board of Directors of DTE Energy Company (the “Company” or “DTE Energy”) elected David S. Ruud, DTE Energy’s Senior Vice President, Corporate Strategy & Development, as Senior Vice President and Chief Financial Officer, effective May 4, 2020. Current Senior Vice President and Chief Financial Officer, Peter B. Oleksiak, has resigned as Senior Vice President and Chief Financial Officer effective May 3, 2020 pursuant to a Transition and Separation Agreement (the “Separation Agreement”), the terms of which are described below, but will remain with the Company through December 31, 2020 to assist in the transition. Mr. Ruud, 53, has served as Senior Vice President, Corporate Strategy & Development of DTE Energy since 2019, prior to which Mr. Ruud served as President of DTE’s Power and Industrial business since 2008.

Annual Incentive Plan On January 29, 2020, the Organization and Compensation Committee (the O&C Committee) of the Board of Directors of DTE Energy Company (DTE Energy or the Company) approved 2020 performance measures, weightings and metrics under the Company’s Annual Incentive Plan (AIP). Gerard M. Anderson, Peter B. Oleksiak, Trevor F. Lauer, David E. Meador and Gerardo Norcia are the Company’s “named executive officers” disclosed in the Company’s 2019 proxy statement (NEOs). The following table summarizes the annual measures for 2020 under the AIP for Messrs.

On June 23, 2019, the Board of Directors of DTE Energy Company (the “Company” or “DTE Energy”) elected Gerardo Norcia, DTE Energy’s President and Chief Operating Officer, as President and Chief Executive Officer, effective July 1, 2019. Mr. Norcia was also elected to the Company’s Board of Directors effective June 23, 2019. Gerard M. Anderson, DTE Energy Chairman and Chief Executive Officer was named DTE Energy Executive Chairman and will remain a full-time employee and director of the Company. Mr. Norcia, 56, has served as President and Chief Operating Officer of DTE Energy since 2016. Mr. Norcia has also served in various positions at the Company since 2002, including service as President and Chief Operating Officer of DTE Electric, President and Chief Operating Officer of DTE Gas and President and Chief Operating Officer of Gas Storage and Pipelines. Effective July 1, 2019, Mr.

Election of New Director On June 20, 2019, the Board of Directors of DTE Energy Company (the “Company” or “DTE Energy”) elected a new director, Gary Torgow. Mr. Torgow has been the Chairman of Chemical Financial Corporation since 2015. From 2010 to 2015, Mr. Torgow served as the Chairman of Talmer Financial Corporation. The Board of Directors determined that Mr. Torgow is an independent director under New York Stock Exchange listing standards and the Company's Categorical Standards for Director Independence. There is no arrangement between Mr. Torgow and any person pursuant to which he was selected as a director. Mr. Torgow is not a party to any transaction subject to Section 404(a) of Regulation S-K involving the Company or any of its subsidiaries. Mr.

Effective with the May 9, 2019 Annual Meeting of Shareholders (the Annual Meeting), James B. Nicholson, a member of the Board of Directors (the Board) of DTE Energy Company (the Company), retired from the Board. Mr. Nicholson reached the Board's mandatory retirement age during his most recent term.

On January 31, 2019, the Board of Directors of DTE Energy Company (the “Company”) appointed Mark C. Rolling, 51, currently the Company's Vice President and Treasurer, as the Company’s Vice President, Controller and Chief Accounting Officer effective March 4, 2019. Mr. Rolling will be the principal accounting officer for the Company and for the Company's wholly-owned subsidiary, DTE Electric Company. Mr. Rolling has held his current role since December 2013. Jeffrey A. Jewell, currently the Company’s Vice President, Controller and Chief Accounting Officer will become the Company’s Vice President, Treasurer and Chief Risk Officer. The Board of Director’s appointments are consistent with the Company’s goal to continuously develop the capabilities of its senior leaders.

Annual Incentive Plan On December 4, 2018, the Organization and Compensation Committee (the O&C Committee) of the Board of Directors of DTE Energy Company (DTE Energy or the Company) approved 2019 performance measures, weightings and metrics under the Company’s Annual Incentive Plan (AIP). Gerard M. Anderson, Peter B. Oleksiak, David E. Meador and Gerardo Norcia are the Company’s “named executive officers” disclosed in the Company’s 2018 proxy statement (NEOs).

On September 16, 2018, General Josue Robles Jr., Director of DTE Energy Company, announced his intent to retire from the Board of Directors effective as of December 31, 2018. General Robles’ decision to retire after 15 years of service is not a result of any disagreement with management.

Election of New Director On May 31, 2018, the Board of Directors of DTE Energy Company (the “Company” or “DTE Energy”) elected a new director, Valerie M. Williams. Ms. Williams is a CPA with more than 30 years of experience serving primarily energy and technology companies. Ms. Williams also served as the Assurance Managing Partner for Ernst & Young LLP's Southwest Area until 2016. The Board of Directors determined that Ms. Williams is an independent director under New York Stock Exchange listing standards and the Company's Categorical Standards for Director Independence. There is no arrangement between Ms. Williams and any person pursuant to which she was selected as a director. Ms. Williams is not a party to any transaction subject to Section 404(a) of Regulation S-K involving the Company or any of its subsidiaries. Ms.

On December 6, 2017, the Board of Directors of DTE Energy Company (the “Company”) elected Jeffrey A. Jewell, 50, currently the Company's Vice President and Controller, as the Company’s Chief Accounting Officer effective January 1, 2018. Mr. Jewell will be the principal accounting officer for the Company and for the Company's wholly-owned subsidiary, DTE Electric Company. Mr. Jewell served as Controller of DTE Electric Company from April 2010 to December 2013 and has held his current role since December 2013.

Annual Incentive Plan On December 5, 2017, the Organization and Compensation Committee (the O&C Committee) of the Board of Directors of DTE Energy Company (DTE Energy or the Company) approved 2018 performance measures, weightings and metrics under the Company’s Annual Incentive Plan (AIP). Gerard M. Anderson, Peter B. Oleksiak, Steven E. Kurmas, David E. Meador and Gerardo Norcia are the Company’s “named executive officers” disclosed in the Company’s 2017 proxy statement (NEOs). For 2018, the O&C Committee intends to award the annual incentives for the Company’s NEOs under the DTE Energy Company Executive Performance Plan (EPP), which was approved by our shareholders in 2015 rather than the AIP. However, the O&C Committee will consider each NEO’s individual performance goals set under the AIP when determining the amount of that executive’s award under the EPP.

On November 27, 2017, Charles W. Pryor Jr., Director of DTE Energy Company, announced his intent to retire from the Board of Directors effective as of May 3, 2018. Mr. Pryor’s decision to retire after almost 19 years of service is not a result of any disagreement with management.

On October 30, 2017, Donna M. England, Chief Accounting Officer of DTE Energy Company and DTE Electric Company (the "Companies"), announced her intent to relinquish her title of Chief Accounting Officer effective as of December 31, 2017 and to retire effective as of February 9, 2018. The Companies intend to appoint Jeffrey A. Jewell, Vice President and Controller, as Chief Accounting Officer effective as of January 1, 2018.

On September 26, 2017, Steven E. Kurmas, Vice Chairman of DTE Energy Company, announced his retirement effective as of February 1, 2018.

Election of New Director On July 13, 2017, the Board of Directors of DTE Energy Company (the “Company” or “DTE Energy”)elected a new director, Robert Skaggs. Mr. Skaggs is a former gas, storage and pipeline executive and most recently served as Chairman and Chief Executive Officer for Columbia Pipeline Group, Inc., through July of 2016. The Board of Directors determined Mr. Skaggs is an independent director under New York Stock Exchange listing standards and the Company's Categorical Standards for Director Independence. There is no arrangement between Mr. Skaggs and any person pursuant to which he was selected as a director. Mr. Skaggs is not a party to any transaction subject to Section 404(a) of Regulation S-K involving the Company or any of its subsidiaries. Mr.

Annual Incentive Plan On December 6, 2016, the Organization and Compensation Committee (the O&C Committee) of the Board of Directors of DTE Energy Company (DTE Energy or the Company) approved 2017 performance measures, weightings and metrics under the Company’s Annual Incentive Plan (AIP). Gerard M. Anderson, Peter B. Oleksiak, Steven E. Kurmas, David E. Meador and Gerardo Norcia are the Company’s “named executive officers” disclosed in the Company’s 2016 proxy statement (NEOs). For 2017, the O&C Committee intends to award the annual incentives for the Company’s NEOs under the DTE Energy Company Executive Performance Plan (EPP), which was approved by our shareholders in 2015 rather than the AIP. However, the O&C Committee will consider each NEO’s individual performance goals set under the AIP when determining the amount of that executive’s award under the EPP.

Election of Directors; Appointment of Certain Officers On February 29, 2016, the Board of Directors of DTE Energy Company (the “Company”) approved the following management changes which are to take effect on April 4, 2016. Steven E. Kurmas, currently President and Chief Operating Officer is appointed Vice Chairman. Gerardo Norcia, currently Group President of the Company and President and Chief Operating Officer-DTE Electric is appointed President and Chief Operating Officer of the Company. Trevor F. Lauer currently Senior Vice President, Distribution Operations is appointed President and Chief Operating Officer-DTE Electric. A press release announcing the changes is attached hereto as exhibit 99.1 and incorporated herein by reference. In connection with these management changes Gerardo Norcia will receive a $30,000 increase in base salary and an additional 2,000 performance shares.