Company: LGN
Filing Date: 2025-05-14
Form Type: DRS/A
Source: 0000950123-25-005247
Chunk: 156

Company: Legence Corp.
Filing Date: 2025-05-14
Form: DRS/A
Chunk 156
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 our relationship with our top 10 clients is 26 years, and our net 
 revenue retention of clients from 2021 to 2024 was 121%, reflecting our ability to grow revenues from the same clients over time. Additionally, we have dedicated teams of technicians that are co-located at                                      
 many of our clients’ facilities to assist with the ongoing renovation, operation and maintenance of their building systems.                                                                                                                        |

| • |     | Strong management team and a collaborative, client-centric culture. Our management team has an average of                                                                                                        
 more than 25 years of experience growing high performing service businesses. They are experts at managing large and diverse workforces to deliver projects on-time and                                           
 on-budget while operating safely. We have a team-oriented culture and encourage candor from our employees, which we believe helps us to succeed and drive operational excellence. We believe that operating with 
 purpose, passion and creativity benefits our clients, stakeholders and employees as well as the communities where we operate.                                                                                    |

| • |     | Demonstrated ability to attract, cultivate and retain high quality employees. We are a people business                                                                                                                                                                                                                                                                      
 that depends on attracting and retaining high quality employees to continue our growth. To ensure we can attract and develop the best employees, we have partnered with trade unions to develop apprenticeship programs for craftsmen and technicians and                                                                                                                   
 with universities to create internship and co-op opportunities for engineering students. In 2024, approximately 1,000 apprentices and 185 engineering students gained on-the-job training experience and exposure to our company through our apprenticeship and internship programs. These programs allow us to identify future talent early, as well as expose prospective 
 employees to our company and culture in a more comprehensive manner than is possible through a traditional recruiting process. We also seek to build leadership skills in our existing employees through our Leadership Development Program, which                                                                                                                          
 includes leadership summits and training sessions to enhance skills and foster discussions of best practices across the organization.                                                                                                                                                                                                                                       |

| • |     | Proven acquiror with a track record of successfully integrating acquired companies. We have a successful                                                                                                                                               
 history of acquiring and integrating businesses to expand our service offerings and geographic footprint. We have a dedicated team of corporate development professionals who focus on identifying privately owned businesses that are undergoing      
 generational transitions or seeking additional opportunities and resources. Our experience is that these companies are often interested in partnering with us because of our collaborative culture, history of innovative projects and reputation with 
 key clients. We have completed 20 acquisitions since