Company: LGN
Filing Date: 2025-05-14
Form Type: DRS/A
Source: 0000950123-25-005247
Chunk: 180

Company: Legence Corp.
Filing Date: 2025-05-14
Form: DRS/A
Chunk 180
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 goals, which accounted for 20% of the total bonus opportunity (the “Personal Component”). Each named executive officer (other than the Chief Executive Officer) worked with the Chief Executive Officer early in the year to define such named executive officer’s personal goals based upon that named executive officer’s duties and areas of responsibility, which personal goals were then presented to, and approved, by the Board of Managers of Legence Parent. The personal goals for the Chief Executive Officer were determined in a similar manner, but the Chief Executive Officer worked with the chairman of the Board of Managers of Legence Parent 121

Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83 to initially define his personal goals. The Company-wide and personal goals under the 2024 EIP were generally designed to be challenging but achievable. A named executive officer may earn an amount greater than his target bonus under the 2024 EIP in the event the Company and the named executive officer exceed its and their performance metrics. Payments under the 2024 EIP, if earned, are generally contingent upon the named executive officer remaining in continuous employment through the payment date. We have not yet finalized calculating the achievement of the foregoing performance metrics under the 2024 EIP; however, our preliminary estimates show a 94.20% achievement of the EBITDA target, which translates to a 71% achievement of the EBITDA Component, a 123.21% achievement for the Safety Component (by achieving a total recordable incident rate of 0.51 for 2024), a 100% achievement of the Sustainability Component and a 100% achievement of the Personal Component for each named executive officer. Below are our estimates of the bonus amounts to be paid to each of our named executive officers for 2024. We expect to finalize the achievement of the 2024 EIP performance metrics following receipt of our audited financials for 2024, and determine the actual 2024 EIP bonuses earned by each of our named executive officers in the first quarter of 2025.

| Name      |     | 2024 EIP Estimated  
 Payout (% of Target 
 Award)              |     |         2024 EIP 
 Estimated Payout 
              ($) |
| J. Sprau  |     | 80.86%              |     |         $470,761 |
| S. Butz   |     | 80.86%              |     |         $247