Company: LGN
Filing Date: 2025-04-30
Form Type: DRS/A
Source: 0000950123-25-003868
Chunk: 154

Company: Legence Corp.
Filing Date: 2025-04-30
Form: DRS/A
Chunk 154
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 of 24% by making energy efficiency upgrades, according to a working paper by the Real Estate 
 Research Institute in conjunction with Lawrence-Berkeley National Laboratory. At the same time as they are confronting higher power prices, we believe that many companies’ growth plans are being constrained by utility delays in connecting their      
 new facilities to the grid as load growth outstrips available transmission capacity. Accelerating load growth has prompted                                                                                                                                |

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Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83

| regulators, utilities and businesses to implement energy efficiency programs as a lower cost and faster alternative to address load growth as compared to new generation and transmission and 
 distribution infrastructure.                                                                                                                                                                  |

| • |     | Growing need for outside expertise to help meet expanding corporate sustainability goals. According to the                                                                                                                                                
 Honeywell Environmental Sustainability Index, while more than 80% of companies have established sustainability targets or goals for 2030, fewer than half of all organizations were extremely optimistic about achieving them. We believe that businesses 
 and institutions will increasingly seek outside expertise to ensure they are able to deliver on the sustainability commitments they have made to shareholders, customers and the communities where they operate. According to IDC, spending on            
 Sustainability Services is expected to grow from $23 billion in 2024 to $35 billion in 2028 in the Americas, representing an 11% compound annual growth rate.                                                                                             |

103

Confidential Treatment Requested by Legence Corp.

Pursuant to 17 C.F.R. Section 200.83

BUSINESS

Our Company

We are a leading
provider of engineering, installation and maintenance services for mission-critical systems in buildings. We focus on high-growth sectors that have technically demanding buildings, including technology, life sciences, healthcare and education. We
count more than 60% of the companies in the Nasdaq-100 Index as clients.

Our business is growing
rapidly as data centers, manufacturers, pharmaceutical companies, hospitals, schools and universities make investments in both new and existing facilities to support growing demand for their products and services, reduce energy costs and increase
resiliency. From 2021 to 2024, our revenues grew at a compound annual growth rate of approximately 39% and, after giving pro forma effect to acquisitions we made over that period, 16%. As of December 31, 2024, we had $2.5 billion of backlog and
awarded contracts, representing an increase of