Company: LGN
Filing Date: 2025-02-14
Form Type: DRS
Source: 0000950123-25-002471
Chunk: 200

Company: Legence Corp.
Filing Date: 2025-02-14
Form: DRS
Chunk 200
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 stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced; or |

| • |     | on or after such time the business combination is approved by the board of directors and authorized at a meeting        
 of stockholders by at least two-thirds of the outstanding voting stock that is not owned by the interested stockholder. |

Board Classification Our amended and restated certificate of incorporation will provide that our board of directors will be divided into three classes of directors, with the directors serving three-year terms. As a result, approximately one-thirdof our board of directors will be elected each year. The classification of directors will have the effect of making it more difficult for stockholders to change the composition of our board of directors. Director Nomination Rights Our amended and restated certificate of incorporation will provide Blackstone with the right to designate or nominate a majority of the members of our board of directors so long as it and its affiliates collectively beneficially own more than % of the outstanding shares of our Common Stock. When Blackstone and its affiliates collectively beneficially own less than % of the outstanding shares of our Common Stock, they will have the right to generally designate or nominate a proportional number of directors to our board of directors until it and its affiliates collectively beneficially own less than % of the outstanding shares of our Common Stock. 137

Confidential Treatment Requested by Legence Corp.

Pursuant to 17 C.F.R. Section 200.83

Removal of Directors; Vacancies and Newly Created Directorships

Our amended and restated certificate of incorporation will provide that directors may be removed with or without cause upon the affirmative
vote of a majority in voting power of all outstanding shares of stock entitled to vote generally in the election of directors, voting together as a single class; provided, however, at any time when Blackstone and its affiliates beneficially own in
the aggregate, less than % of the voting power of all outstanding shares of our Common Stock entitled to vote generally in the election of directors, directors may only be removed for cause, and only upon the affirmative vote of
holders of at least % of the voting power of all the then outstanding shares of stock entitled to vote generally in the election of directors, voting together as a single class. In addition, our amended and restated certificate of
incorporation also provides that, subject to the rights granted to one or more series of preferred stock then outstanding or the board nomination rights granted to the Blackstone, any vacancies on our board