Company: LGN
Filing Date: 2025-04-30
Form Type: DRS/A
Source: 0000950123-25-003868
Chunk: 57

Company: Legence Corp.
Filing Date: 2025-04-30
Form: DRS/A
Chunk 57
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 Significant judgment is required to determine which capital investments will result in optimal returns, and we could invest in
strategies that are ultimately less profitable than those that we do not select. Delays in strategy implementation and the ramping of new business lines or services, or failure to optimize our investment choices, could significantly impact our
ability to realize expected returns on our capital expenditures.

34

Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83 In addition, our growth strategy involves several risks including the following:

| • |     | unavailability of necessary funding, which may include external sources; |

| • |     | inability to attract, retain and motivate key talent; |

| • |     | inability to identify or acquire attractive acquisition targets; |

| • |     | delays, disruptions and potential restrictions related to environmental, health and safety laws, regulations or 
 permits;                                                                                                        |

| • |     | potential restrictions on expanding in certain geographies; |

| • |     | insufficient customer demand to utilize our increased capacity; |

| • |     | inability to complete construction as scheduled and within budget; |

| • |     | inability to meet capital expenditure requirements for our growth strategy, including during periods of 
 relatively low free cash flow generation, resulting from challenging industry conditions;               |

| • |     | increases to our cost structure until new business lines or services are ramped to adequate scale; and |

| • |     | potential changes in laws or provisions of government incentives and grants. |

From time to time, we have experienced the impacts from the above items and, because these risks are a characteristic of our business, we expect to experience them in the future. The nature and extent of the impact from these risks could result in delays in our growth initiatives and the completion of our projects and increased costs. Any of the above factors could have a material adverse impact on our business, financial condition and results of operations. If we cannot maintain our corporate culture as we grow, we could lose the innovation, collaboration and focus that contribute to our business. We believe that our culture has been and will continue to be a critical contributor to our success. We expect to continue to hire aggressively as we expand, and we believe our corporate culture has been crucial in our success and our ability to attract highly skilled personnel. If we do not continue to develop our corporate culture or maintain and preserve our core values as we grow and evolve, we may be unable to foster the innovation, curiosity,