CMS ENERGY Leading the CLEAN ENERGY TRANSFORMATION Environmental, Social & Governance November 2022 This presentation is made as of the date hereof and contains "forward-looking statements" as defined in Rule 3b-6 of the Securities Exchange Act of 1934, Rule 175 of the Securities Act of 1933, and relevant legal decisions. The forward-looking statements are subject to risks and uncertainties. All forward-looking statements should be considered in the context of the risk and other factors detailed from time t ...

CMS Energy Corporation (NYSE:CMS) Q3 2022 Earnings Conference Call October 27, 2022 9:30 AM ET Company Participants Sri Maddipati - Treasurer and Vice President, Finance & Investor Relations Garrick Rochow - President & Chief Executive Officer Rejji Hayes - Executive Vice President & Chief Financial Officer Conference Call Participants Insoo Kim - Goldman Sachs Shar Pourreza - Guggenheim Partners Jeremy Tonet - JPMorgan Julien Dumoulin-Smith - Bank of America David Arcaro - Morgan Stanley Travis Miller - Mo ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to_____ | --- | --- | --- | |----------------------------|------------------------------------------------------------------------------------ ...

Financial Performance & Outlook - CMS Energy's Q2 2022 adjusted EPS was $0.53, exceeding expectations[14] - The company's adjusted EPS guidance for 2022 is $2.85 - $2.89, indicating premium growth[14] - The annual dividend per share (DPS) is $1.84, a 10¢ increase compared to 2021[14] - CMS Energy projects an adjusted EPS growth of +6% to +8% and a DPS growth of +6% to +8%[6, 15] - The 5-year capital plan is $14.3 billion, excluding IRP upside[15] Clean Energy Transformation - CMS Energy is committed to exiting coal by 2025[13] - The company plans to add 8 GW of solar and >0.5 GW of battery storage by 2040[13] - By 2040, the company plans to add >0.5 GW of battery storage[13] Regulatory Environment & Financial Stability - Michigan's regulatory environment is considered top-tier, supporting timely recovery of investments and constructive ROEs[7, 9, 10] - Consumers Energy plans to issue $800 million in First Mortgage Bonds in 2022[23] - The company has >$2.5 billion in net liquidity[24] Cost Savings & Risk Mitigation - CMS Energy has identified >$200 million in future cost savings through productivity initiatives[65] - The company is de-risking inflationary pressures through various measures, including Campbell coal unit retirements (>$90 million adj O&M savings)[44, 69]

CMS Energy Corporation (NYSE:CMS) Q2 2022 Earnings Conference Call July 28, 2022 9:30 AM ET Company Participants Sri Maddipati - Treasurer and Vice President, Finance & Investor Relations Garrick Rochow - President & Chief Executive Officer Rejji Hayes - Executive Vice President & Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Jeremy Tonet - JPMorgan Michael Sullivan - Wolfe Research Julien Dumoulin-Smith - Bank of America Andrew Weisel - Scotiabank David Arcaro - M ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to_____ | --- | --- | --- | |----------------------------|----------------------------------------------------------------------------------------- ...

CMS ENERGY Leading the CLEAN ENERGY TRANSFORMATION First Quarter 2022 Results and Outlook May 3, 2022 This presentation is made as of the date hereof and contains "forward-looking statements" as defined in Rule 3b-6 of the Securities Exchange Act of 1934, Rule 175 of the Securities Act of 1933, and relevant legal decisions. The forward-looking statements are subject to risks and uncertainties. All forward-looking statements should be considered in the context of the risk and other factors detailed from time ...

CMS Energy Corp (NYSE:CMS) Q1 2022 Earnings Conference Call May 3, 2022 9:00 AM ET Company Participants Srikanth Maddipati - VP, IR & Finance and Treasurer Garrick Rochow - President, CEO & Director Rejji Hayes - EVP & CFO Conference Call Participants Michael Sullivan - Wolfe Research Jeremy Tonet - JPMorgan Chase & Co. Andrew Weisel - Scotiabank Insoo Kim - Goldman Sachs Group Shahriar Pourreza - Guggenheim Securities Jonathan Arnold - Vertical Research Partners Travis Miller - Morningstar Inc. Durgesh Cho ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to_____ | --- | --- | --- | |----------------------------|---------------------------------------------------------------------------------------- ...

Table of Contents CommissionFileNumberRegistrant; 1-9513 | --- | --- | |--------|---------------------------------| | Number | IRS Employer Identification No. | | | 38-2726431 | | | 38-0442310 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the tr ...