Company: LGN
Filing Date: 2025-04-30
Form Type: DRS/A
Source: 0000950123-25-003868
Chunk: 163

Company: Legence Corp.
Filing Date: 2025-04-30
Form: DRS/A
Chunk 163
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 media and content marketing, combined with targeted public relations efforts, such as securing industry media coverage, to
drive lead generation.

Clients

We generally refer to the owner or operator of the building we work in as our “client.” Our contractual customer may or may not be
the client as we often are contracted through intermediaries such as architects and general contractors who subcontract MEP services to us as part of a larger project, as is customary in our industry. We provided services to more than 19,000 clients
from 2019 through 2024 who operate in diverse end markets, including data centers, life sciences, healthcare, semiconductors, manufacturing and education.We typically have long-term relationships with our clients, and, as of
December 31, 2024, the average length of our relationship with our top 10 clients was 26 years. The following chart sets forth our 2024 revenues by client end market:

Note: For the fiscal year ended December 31, 2024.

From 2021 to 2024, no client represented more than 5% of our revenues. Our top 10 clients represented approximately 21% of our revenues over
the period from 2021 to 2024, after giving pro forma effect to acquisitions made over that period.

Human Capital

Employees. As of December 31, 2024, we had approximately 5,700 full-time employees. We have 37 active collective bargaining
agreements covering approximately 3,300 employees which are typically renewed every three years. We have not experienced any significant grievances, strikes or work stoppages over the past decade. We believe our relations with employees covered by
collective bargaining agreements are good.

Recruiting and Training. Our continued success depends, in part, on our ability to
attract, retain and motivate qualified engineers, consultants, project managers, craftworkers and service technicians. We believe our success in retaining qualified employees will be based on the quality of our recruiting, talent development,
project experience and opportunities for advancement. We provide numerous training programs for our employees on topics including safety, engineering and technical training, anti-harassment, anti-discrimination and inclusion, as well as digital
learning opportunities and on-the-job training including apprenticeship and leadership programs. We also provide co-op programs
which serve as experiential learning opportunities and a recruitment channel for college students looking for careers in engineering, consulting and construction.

Safety. We have established comprehensive safety programs throughout our operations designed to comply with