Company: LGN
Filing Date: 2025-02-14
Form Type: DRS
Source: 0000950123-25-002471
Chunk: 274

Company: Legence Corp.
Filing Date: 2025-02-14
Form: DRS
Chunk 274
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 2022 |
| U.A. Local No. 393 Pension Plan                          |     |                                                 | 2022 |
| U.A. Local No. 467 Defined Benefit Plan                  |     |                                                 | 2022 |
| Northern CA Pipe Trades Pension Plan                     |     |                                                 | 2022 |
| Sheet Metal Workers Pension Plan of Northern CA          |     |                                                 | 2022 |

Pension contributions for the year ended December 31, 2023 include $4.6 million related to businesses acquired during the period, primarily A.O. Reed. In the event of the termination of a multiemployer plan or a withdrawal from a multiemployer pension plan, the Company could incur material liabilities under applicable law. Union Benefits:Additionally, the Company is required to make contributions to various unions for health, welfare, retirement and other benefits on behalf of employees covered by collective bargaining agreements. Contributions were $110.9 million and $86.5 million for the years ended December 31, 2023 and 2022, respectively. Union benefit contributions for the year ended December 31, 2023 include $7.4 million related to businesses acquired during the period, primarily A.O. Reed. Total pension and union benefit contributions correspond to the number of union employees employed, and the amount may vary depending on the number and location of ongoing projects at a given time and the need for union resources related to those projects. Defined Contribution Plans:The Company also offers a 401(k)-profit sharing defined contribution plan covering all employees meeting specified eligibility requirements who are not subject to a collective bargaining agreement. Employees can defer certain components of compensation, up to statutory limits and the Company matches up to 4% of employees’ compensation. The Company may make additional discretionary contributions. Contributions to the plans for non-unionemployees were $7.3 million and $5.3 million for the years ended December 31, 2023 and 2022, respectively. Note 14—Income Taxes Loss before income taxes for the year ended December 31, 2023 and 2022 consisted entirely of loss from domestic operations of $53,944 and $74,661, respectively. F-44

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 The income tax provision (benefit) consists of the following (in thousands):

|                                      |     | Year Ended December 31