Company: LGN
Filing Date: 2025-02-14
Form Type: DRS
Source: 0000950123-25-002471
Chunk: 163

Company: Legence Corp.
Filing Date: 2025-02-14
Form: DRS
Chunk 163
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 equity. Base salary is also designed to provide our named executive officers with steady cash flow during the course of the fiscal year that is not contingent on short-term variations in our corporate performance. Our board of directors and/or Chief Executive Officer determine market level compensation for base salaries based on our named executive officers’ experience in the industry with reference to the base salaries of similarly situated executives in other companies of similar size and stage of development. This determination has historically been informal and based primarily on the general knowledge of our board of directors and/or Chief Executive Officer of the compensation practices within our industry; however, following completion of this offering, our compensation committee will take a more significant role in reviewing and determining the compensation for our named executive officers. 112

Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83 Below are the annual base salaries for our named executive officers as of December 31, 2024.

| Name           |     | FY 2024(1) |
| Jeffrey Sprau  |     |   $776,250 |
| Stephen Butz   |     |   $510,048 |
| Gregory Barnes |     |   $411,930 |
| Bryce Seki     |     |   $403,650 |

| (1) | Mr. Sprau’s base salary was increased from $750,000 to $776,250, Mr. Butz’s base salary was                                                                                                                                  
 increased from $492,800 to $510,048, Mr. Barnes’ base salary was increased from $398,000 to $411,930 and Mr. Seki’s base salary was increased from $390,000 to $403,650, in each case, effective July 1, 2024 to reflect the 
 named executive officer’s value to the Company and encourage retention.                                                                                                                                                      |

The base salaries actually paid to our named executive 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