Company: LGN
Filing Date: 2025-04-30
Form Type: DRS/A
Source: 0000950123-25-003868
Chunk: 29

Company: Legence Corp.
Filing Date: 2025-04-30
Form: DRS/A
Chunk 29
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 |                           9.6 | %  |     |      |      10.3 | %  |     |      |      10.9 | %  |     |               | %            |

| (1) | Cash flows from investing activities primarily consist of capital expenditures, such as the purchase of 
 property or equipment, and payments for the acquisition of businesses.                                  |

| (2) | Gross profit divided by revenue. |

| (3) | Net loss divided by revenue. |

| (4) | Subcontractor Expense represents the cost of third-party contractors that we use and is included in Cost of                                                                                                                                           
 Revenue. We typically incur Subcontractor Expense in connection with the provision of construction management services. On jobs where we use subcontractors, we may pass those costs directly through to our customers or include them in our overall 
 price for the job.                                                                                                                                                                                                                                    |

| (5) | Self-Perform Contribution is not calculated in accordance with GAAP. See                                                                         
 “—Non-GAAP Financial Measures” for a description of Self-Perform Contribution and a reconciliation to the most directly comparable GAAP measure. |

| (6) | Adjusted EBITDA is not calculated in accordance with GAAP. See                                                                         
 “—Non-GAAP Financial Measures” for a description of Adjusted EBITDA and a reconciliation to the most directly comparable GAAP measure. |

17

Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83

| (7) | Self-Perform Margin is not calculated in accordance with GAAP. See “—Non-GAAP Financial                               
 Measures” for a description of Self-Perform Margin and a reconciliation to the most directly comparable GAAP measure. |

| (8) | Adjusted EBITDA Margin is not calculated in accordance with GAAP. See                                                                         
 “—Non-GAAP Financial Measures” for a description of Adjusted EBITDA Margin and a reconciliation to the most directly comparable GAAP measure. |

Non-GAAPFinancial Measures Self-Perform Contribution, Self-Perform Margin, Adjusted EBITDA and Adjusted EBITDA Margin are financial measures not presented in accordance with GAAP but are intended to provide useful and supplemental information to investors and analysts as they evaluate our performance. Self-Perform Contribution is a financial measure that management historically has used and continues to use to evaluate our financial performance by analyzing the fees for services that are performed or managed by our workforce separately from the work