Company: LGN
Filing Date: 2025-05-14
Form Type: DRS/A
Source: 0000950123-25-005247
Chunk: 179

Company: Legence Corp.
Filing Date: 2025-05-14
Form: DRS/A
Chunk 179
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 officers in fiscal year 2024 are set forth in the Summary Compensation Table below. Bonus 2024 Annual Cash Incentive Compensation.Annual cash incentive awards are available to our named executive officers under our annual executive bonus plan in order to motivate our named executive officers to achieve short-term performance goals and tie a portion of their cash compensation to performance. Executive Incentive Plan.Under our 2024 Executive Incentive Plan (the “2024 EIP”), each named executive officer was eligible to earn a cash incentive award based on achievement of performance targets for 2024. These performance targets were determined by the Board of Managers of Legence Parent early in the year, after taking into consideration the Chief Executive Officer’s recommendations, our financial results from the prior year, and our annual operating budget for the year. The target amount of each named executive officer’s annual bonus under the 2024 EIP was based on a percentage of the named executive officer’s base salary as of December 31, 2024, as shown below.

| Calendar Year 2024 Target Annual Incentive 
 Opportunities                              |     |                    |     |                |
| Name                                       |     | Target Award (% of 
 Base Salary)       |     | 100% of Target 
          Award |
| J. Sprau                                   |     | 75%                |     |       $582,188 |
| S. Butz                                    |     | 60%                |     |       $306,029 |
| G. Barnes                                  |     | 50%                |     |       $205,965 |
| B. Seki                                    |     | 50%                |     |       $201,825 |

In 2024, the annual bonus opportunities under the 2024 EIP for each named executive officer were based on (a) a Company EBITDA target (to be calculated before the payment of any bonuses and/or corporate allocations to business units), which accounted for 70% of the total bonus opportunity (the “EBITDA Component”), (b) a safety achievement payout (measured by the Company’s consolidated total recordable incident rate for 2024), which accounted for 5% of the total bonus opportunity (the “Safety Component”), (c) the approval by the Board of Managers of Legence Parent of a sustainability plan for the Company, which accounted for 5% of the total bonus opportunity (the “Sustainability Component”), and (d) the achievement of the named executive officer’s personal