Company: LGN
Filing Date: 2025-11-03
Form Type: DRS
Source: 0001193125-25-262782
Chunk: 127

Company: Legence Corp.
Filing Date: 2025-11-03
Form: DRS
Chunk 127
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 2022. The decrease is primarily attributable to a $41.2 million decrease in proceeds from issuance of membership units, as membership units were issued for cash in 2022. Debt Debt obligations consist of the following (dollars in thousands):

|                                                     |     |   |        As of 
 December 31, 
         2024 |   |     |   |     As of 
  June 30, 
      2025 |   |
|:----------------------------------------------------|:----|:--|-------------:|:--|:----|:--|----------:|:--|
| Term loan                                           |     | $ |    1,590,350 |   |     | $ | 1,582,132 |   |
| Notes payable                                       |     |   |       27,083 |   |     |   |    29,976 |   |
| Finance lease liabilities                           |     |   |        7,216 |   |     |   |     8,689 |   |
| Total Debt                                          |     |   |    1,624,649 |   |     |   | 1,620,797 |   |
| Less: Current portion                               |     |   |      (22,984 | ) |     |   |   (26,149 | ) |
| Less: Unamortized debt issuance costs and discounts |     |   |      (15,819 | ) |     |   |   (13,879 | ) |
| Long-term debt                                      |     | $ |    1,585,846 |   |     | $ | 1,580,769 |   |

The ensuing summary and discussion are not a complete description of all of the terms of our significant debt instruments. Please refer to “Note 9—Debt” and “Note 17—Related Party Transactions” in the Notes to Consolidated Financial Statements and “Note 7—Debt” and “Note 13—Related Party Transactions” in the Notes to Condensed Consolidated Financial Statements for further information. Credit Agreement On December 16, 2020, Legence Intermediate and Legence Holdings entered into that certain Credit Agreement, by and among, Legence Intermediate, as holdings, Legence Holdings, as the borrower, the 87

Confidential Treatment Requested by Legence Corp.

Pursuant to 17 C.F.R. Section 200.83

guarantors from time to time