Company: LGN
Filing Date: 2025-05-14
Form Type: DRS/A
Source: 0000950123-25-005247
Chunk: 209

Company: Legence Corp.
Filing Date: 2025-05-14
Form: DRS/A
Chunk 209
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these notes. Additionally, a portion of the Company’s term loan is held by entities associated with Legence Holdings and the Blackstone Fund. See “Note 17—Related Party Transactions” and “Note 9—Debt” in the Notes
to Consolidated Financial Statements for additional information.

Offering Proceeds

If the underwriters exercise their option to purchase additional shares in full, the additional net proceeds to us and to Aggregator II will be
approximately $ million and $ million, respectively (in each case, based on an assumed initial offering price of $ per share, which is the midpoint of the price range set forth on the cover page of this
prospectus), after deducting underwriting discounts and commissions. While Aggregator II will retain proceeds received as consideration for any such additional shares sold by it, we intend to contribute the net proceeds received from the sale of any
additional shares by us to Legence Holdings in exchange for additional LGN Units being issued to Legence Sub, and Legence Holdings will use such net proceeds to purchase LGN Units, together with an equal number of shares of Class B Common Stock,
from Aggregator I at a purchase price per LGN Unit and share of Class B Common Stock equal to the public offering price per share of Class A Common Stock in this offering, net of underwriting discounts and commissions. After giving effect to the
Corporate Reorganization and the offering contemplated by this prospectus, Aggregator I will own an approximate % economic interest in Legence Holdings (or % if the underwriters’ option to purchase additional shares is exercised
in full and after giving effect to the application of the net proceeds therefrom).

Legence Holdings LLC Agreement

Legence, the Pubco Subsidiaries and Aggregator I, as the members of Legence Holdings, will hold the LGN Units and their interests therein and
rights as members will be governed by the Legence Holdings LLC Agreement. After giving effect to the Corporate Reorganization and the offering contemplated by this prospectus, Aggregator I will own an approximate % economic interest in
Legence Holdings (or % if the underwriters’ option to purchase additional shares is exercised in full and after giving effect to the application of the net

140

Confidential Treatment Requested by Legence Corp.

Pursuant to 17 C.F.R. Section 200.83

proceeds therefrom). Under the Legence Holdings LLC Agreement, we will have the right, as managing member of Legence Holdings, to determine