CONSUMERS ENERGY CO
Shareholder Proposals
Item 6
Permit shareholders to act by written consent to approve corporate actions without holding a shareholder meeting.
The proposal requests that the Board take steps to allow shareholders to take corporate actions by written consent, using the minimum number of votes that would be required to authorize the action at a fully attended meeting, and without imposing ownership-duration restrictions. It would also allow shareholders to initiate topics for written consent, effectively enabling an alternate mechanism to bring resolutions between annual meetings. The proponent frames the proposal as a tool to improve shareholder engagement and Board accountability when the company underperforms, citing concerns about stock performance and operational and environmental risks. The proposal was submitted by shareholder John Chevedden and, if properly presented, would appear as Proposal 6 on the CMS ballot.