Company: LGN
Filing Date: 2025-05-14
Form Type: DRS/A
Source: 0000950123-25-005247
Chunk: 218

Company: Legence Corp.
Filing Date: 2025-05-14
Form: DRS/A
Chunk 218
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 in one or more series without stockholder approval and could be utilized for a variety of corporate purposes, including future offerings to raise additional capital, to facilitate acquisitions and employee benefit plans. One of the effects of the existence of authorized and unissued and unreserved common stock or preferred stock may be to enable our board of directors to issue shares to persons friendly to current management, which issuance could render more difficult or discourage an attempt to obtain control of the Company by means of a merger, tender offer, proxy contest or otherwise, and thereby protect the continuity of our management and possibly deprive our stockholders of opportunities to sell their shares of Class A Common Stock at prices higher than prevailing market prices. Delaware Law We will not be subject to the provisions of Section 203 of the DGCL, regulating corporate takeovers. In general, those provisions prohibit a Delaware corporation, including those whose securities are listed for trading on the Nasdaq, from engaging in any business combination with any interested stockholder for a period of three years following the date that the stockholder became an interested stockholder, unless:

| • |     | the transaction is approved by the board of directors before the date the interested stockholder attained that 
 status;                                                                                                        |

| • |     | upon consummation of the transaction that resulted in the stockholder becoming an interested stockholder, the                          
 interested stockholder owned at least 85% of the voting stock of the corporation outstanding at the time the transaction commenced; or |

| • |     | on or after such time the business combination is approved by the board of directors and authorized at a meeting        
 of stockholders by at least two-thirds of the outstanding voting stock that is not owned by the interested stockholder. |

Board Classification Our amended and restated certificate of incorporation will provide that our board of directors will be divided into three classes of directors, with the directors serving three-year terms. As a result, approximately one-thirdof our board of directors will be elected each year. The classification of directors will have the effect of making it more difficult for stockholders to change the composition of our board of directors. Director Nomination Rights Our amended and restated certificate of incorporation will provide Blackstone with the right to designate or nominate a majority of the members of our board of directors so long as it and its affiliates collectively beneficially own at least 50% of the voting power of our capital stock entitled to vote generally in the election of directors. When 146

Confidential Treatment Requested by Legence Corp.

Pursuant to