Company: LGN
Filing Date: 2025-12-09
Form Type: S-1
Source: 0001193125-25-312729
Chunk: 172

Company: Legence Corp.
Filing Date: 2025-12-09
Form: S-1
Chunk 172
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 to the applicable corporate governance standard that requires us to have an audit committee composed entirely of independent directors. As a result, our audit committee must have at least three independent directors within one year of the listing date. While these exemptions apply to us as long as we remain a controlled company, our board of directors nonetheless consists of a majority of independent directors within the meaning of the Nasdaq listing standards currently in effect and we have independent compensation and nominating and corporate governance committees. Committees of the Board of Directors We have an audit committee, a compensation committee and a nominating and corporate governance committee of our board of directors, and we may have such other committees as the board of directors shall determine from time to time. Each of the standing committees of the board of directors has the composition and responsibilities described below. Audit Committee Our audit committee consists of David Coghlan and Christie Kelly, and Christie Kelly serves as the chair. As required by the rules of the SEC and listing standards of the Nasdaq, the audit committee consists solely of independent directors, subject to the phase-inexceptions. Those rules permit us to have an audit committee that 116

has one independent member at the date our Class A Common Stock is first listed on the Nasdaq, a majority of independent members within 90 days thereafter and all independent members within
one year thereafter. The SEC rules also require that a public company disclose whether or not its audit committee has an “audit committee financial expert,” which is defined as a person whose experience yields the attributes outlined in
such rules. Christie Kelly satisfies this requirement.

This committee oversees, reviews, acts on and reports on various auditing and
accounting matters to our board of directors, including: the selection of our independent accountants, the scope of our annual audits, fees to be paid to them, their performance and our accounting practices. In addition, the audit committee oversees
our compliance programs relating to legal and regulatory requirements. We have adopted an audit committee charter defining the committee’s primary duties in a manner consistent with the rules of the SEC and applicable stock exchange or market
standards, including SOX.

Compensation Committee

Our compensation committee consists of David Coghlan, Terrence Keenen and Bilal Khan, and David Coghlan serves as the chairman. As
required by the rules of the SEC and listing standards of the Nasdaq, the compensation committee consists solely of independent directors, subject to the phase-in exceptions.

This committee establishes salaries, incentives and other forms of compensation for officers and other employees. Our compensation committee