Company: LGN
Filing Date: 2025-11-03
Form Type: DRS
Source: 0001193125-25-262782
Chunk: 14

Company: Legence Corp.
Filing Date: 2025-11-03
Form: DRS
Chunk 14
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, consulting and installation as an integrated service to our clients, and we complete approximately 10,000 engineering jobs annually. In-house engineering and consulting allows us to: engage with                                           
 prospective clients earlier than our competitors who provide only installation services; more accurately estimate job costs, which allows us to price more competitively; minimize change orders, which we believe strengthens our relationships with our 
 clients; shorten the amount of time it takes to conceive and complete projects; deliver higher performing systems; capture incremental margin; and play an integral role in shaping and implementing our clients’ sustainability programs.                |

| • |     | In-house fabrication and modular construction capabilities. We                                                                                                                                                                                      
 have six facilities strategically located across the United States, including an ISO Class 7 cleanroom, where we fabricate and construct modular components, including plenums, ducts, piping, electrical and other components for the systems that 
 we install. Prefabricating components and modular construction at these locations allows us to deliver higher quality at a lower cost and in less time than our competitors who fabricate                                                           |

4

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

| components in the field. We have served approximately 1,000 clients using our in-house fabrication and modular construction capabilities. Our fabrication 
 and modular construction capabilities also allow us to compete for jobs located in regions where we do not yet have an installation workforce.            |

| • |     | Significant client diversity and small job sizes that mitigate client and project risk. We completed jobs                                                                                                                                                 
 for more than 9,500 clients in 2024. Approximately 70% of our revenues over the period from 2021 to 2024 were from jobs that had contract prices of less than $10 million, after giving pro forma effect to acquisitions made over that period. We        
 believe the large number of clients that we serve, combined with our small average job size, reduces our dependence on any single client, as well as the impact that any individual project has on our profitability. Historically, our smaller jobs have 
 earned higher margins than our larger jobs. We believe 80% of our jobs meet or exceed our initial margin estimates. Between 2021 to 2024, the largest loss we incurred on a job was approximately $1.3 million, after giving pro forma effect to          
 acquisitions made over that period.                                                                                                                                                                                                                       |

| • |     | Longstanding relationships with “blue chip,” repeat clients and history of