CMS Energy Corporation Depositary Shares, each representing a 1

Financials

Cash from operating activities 1.28 B1.82 B855 M2.31 B2.37 B2.23 B 2.23 B Cash from investing activities 2.87 B1.23 B2.48 B3.39 B3.05 B4.04 B 4.04 B Cash from financing activities 1.62 B295 M1.33 B1.14 B614 M2.24 B 2.24 B Free cash flow -1.04 B-257 M-1.52 B2.31 B2.37 B2.23 B -515 M

CMS Energy Corporation is an American energy company based in Jackson, Michigan, that is focused principally on utility operations in Michigan. Its principal business is Consumers Energy, a public utility that provides electricity and natural gas to more than 6 million of Michigan's 10 million residents. Its non-utility businesses are focused primarily on domestic independent power production. Consumers Energy has operated since 1886. NorthStar Clean Energy's primary businesses are independent power production and natural gas transmission.