Company: LGN
Filing Date: 2025-02-14
Form Type: DRS
Source: 0000950123-25-002471
Chunk: 270

Company: Legence Corp.
Filing Date: 2025-02-14
Form: DRS
Chunk 270
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 thousands):

| Effective Date    |     | Maturity Date    |     | Notional Amount |     | Fixed Interest Rate (1) |
| January 19, 2021  |     | January 31, 2025 |     |        $350,000 |     | 0.8825%                 |
| November 30, 2021 |     | January 31, 2025 |     |        $109,000 |     | 1.2240%                 |
| November 30, 2021 |     | January 31, 2025 |     |        $109,000 |     | 1.2250%                 |

| (1) | Payments will be made to the Company if the one-month LIBOR exceeds the 
 fixed interest rates for the respective interest rate swaps.            |

Note 11—Member’s Equity Member’s equity consists of transactions between the Company and Parent. Such transactions may consist of contributions to the Company from Parent and distributions from the Company to Parent. Additional information regarding the accounting for transactions between the Company and Parent can be found in “ Note 2—Summary of Significant Accounting Policies.” Parent Equity Parent has established different classes of equity interests: Series A Profits Interests, Series B Common Interests, Series C Common Interests (together with Series B Common Interests, “Common Interests”) and Restricted Series C Common Interests, each with specific terms and conditions. Series B Common Interests are held by BX Refficiency Aggregator LP (“Sponsor”). Series C Common Interests are held by certain members of the Company’s management and sellers of acquisitions who received Series C Common Interests as part of the consideration transferred. Please refer to “ Note 12—Stock-Based Compensation” for additional information related to Series A Profits Interests and Restricted Series C Common Interests. Note 12—Stock-Based Compensation The Company accounts for Parent interests awards that are issued to the Company’s employees, and which are indexed and settled in Parent interests, as share-based payment awards under ASC 718. Please refer to “ Note 2—Summary of Significant Accounting Policies” for additional information regarding Stock-based compensation. F-39

Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83 Legence Holdings LLC and Subsidiaries Notes to Consolidated Financial Statements Series A Profits Interests On December 16, 2020, Parent adopted the Series A Incentive