Company: LGN
Filing Date: 2025-05-14
Form Type: DRS/A
Source: 0000950123-25-005247
Chunk: 291

Company: Legence Corp.
Filing Date: 2025-05-14
Form: DRS/A
Chunk 291
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 to 2028, at which time all principal and interest are due. The promissory note related to SC Engineers requires the Company to repay all principal and interest
earlier if the Company undergoes a change of control as defined in the note agreement.

The Company also financed certain insurance-related payments. As
of December 31, 2024 and 2023, the outstanding balance is $2.1 million with an interest rate of 8.5% and $2.2 million with an interest rate of 8.4%, respectively. The outstanding balance is included in Current portion of long-term
debt.

F-40

Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83 Legence Holdings LLC and Subsidiaries Notes to Consolidated Financial Statements Finance leases See “ Note 8—Leases” for information on finance leases. Note 10—Fair Value Measurements The Company recognizes certain financial assets and liabilities at fair value on a recurring basis following the fair value hierarchy detailed in “ Note 2—Summary of Significant Accounting Policies”. The following table presents the input level used to determine the fair value of the financial instruments measured at fair value on a recurring basis (in thousands):

|                                |     | December 31, 2024 |        |     |         |       |     |         |   |
|:-------------------------------|:----|:------------------|-------:|:----|:--------|------:|:----|:--------|:--|
|                                |     | Level 1           |        |     | Level 2 |       |     | Level 3 |   |
| Assets:                        |     |                   |        |     |         |       |     |         |   |
| Cash equivalents—money market  |     | $                 | 49,217 |     | $       |     — |     | $       | — |
| Interest rate swap instruments |     | $                 |      — |     | $       | 9,248 |     | $       | — |
| Liabilities:                   |     |                   |        |     |         |       |     |         |   |
| Interest rate swap instruments |     | $                 |      — |     | $       |   137 |     | $       | — |

|                                               |     | December 31, 2023 |        |     |         |        |     |         |