Company: LGN
Filing Date: 2025-04-30
Form Type: DRS/A
Source: 0000950123-25-003868
Chunk: 189

Company: Legence Corp.
Filing Date: 2025-04-30
Form: DRS/A
Chunk 189
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achievement of         
 the applicable performance conditions.                                                                                                                                                                                                                |

| (3) | Amounts shown reflect the number of time-vesting Series A Profits Interests (i.e., Time Interests) granted to                                                                                                                          
 Messrs. Barnes and Seki pursuant to their respective February 2024 Series A Profits Interest award agreements. For additional information about such interests, including their vesting and forfeiture terms, see the section entitled 
 “—Elements of Compensation—Long-Term Equity Based Compensation—Series A Plan.”                                                                                                                                                         |

| (4) | The Series A Profits Interests are not traditional options, and therefore, there is no exercise price, but                                                                                   
 rather any vested Series A Profits Interests participate in distributions attributable to the appreciation in the fair market value of Legence Parent after their respective dates of grant. |

| (5) | The amounts in this column represent the aggregate grant date value of Series A Profits Interests, calculated                                                                                     
 in accordance with FASB ASC Topic 718, utilizing the assumptions set forth in ”Note 12—Member’s Equity” in the Notes to Consolidated Financial Statements appearing elsewhere in this prospectus. |

126

Confidential Treatment Requested by Legence Corp.

Pursuant to 17 C.F.R. Section 200.83

Narrative Description to the Summary Compensation Table and the Grant of Plan-Based Awards Table for the 2024 Fiscal Year

Employment Agreements and Offer Letters

We have entered into employment agreements with each of our named executive officers. The descriptions of the employment agreements set forth
below are summaries of the material features of the agreements, including with respect to potential payments upon a termination of employment. This summary, however, does not purport to be a complete description of all the provisions of the
agreements that we have entered into with our named executive officers. This summary is qualified in its entirety by reference to the employment agreements, which will be filed as exhibits to this registration statement.

In April 2019, Therma Services LLC, a Legence company, (“Therma”) entered into an employment agreement with Mr. Sprau. The
agreement has an initial two-year term that automatically renews in two-year increments unless either party provides written notice of nonrenewal not less than 60 days
prior to the expiration of the then-current term, or unless otherwise terminated in accordance with the terms of the employment agreement. The agreement provides Mr. Sprau with an annual base salary of $600