Company: LGN
Filing Date: 2025-05-14
Form Type: DRS/A
Source: 0000950123-25-005247
Chunk: 60

Company: Legence Corp.
Filing Date: 2025-05-14
Form: DRS/A
Chunk 60
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 Affordable Care Act (the “Affordable Care Act”) that was signed into
law in March 2010. Future legislation could also have an impact on our business. The status of the Affordable Care Act, any amendment, repeal or replacement thereof, is currently uncertain. For example, in December 2019, the U.S. Court of Appeals
for the Fifth Circuit struck down a central provision of the Affordable Care Act, ruling that the

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Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83 requirement that people have health insurance was unconstitutional, sending the case back to a federal district judge in Texas to determine which of the law’s many parts could survive without the mandate. On March 2, 2020, the U.S. Supreme Court granted certiorari to review this case, and on June 17, 2021, the U.S. Supreme Court dismissed a challenge on procedural grounds that argued the Affordable Care Act is unconstitutional in its entirety because the “individual mandate” was repealed by Congress. The Affordable Care Act is expected to remain in effect in its current form; however, we continue to evaluate the effect that the Affordable Care Act has on our business. A material increase in the costs of employee health insurance could affect our revenue and profitability, which could have a material adverse impact on our business, financial condition and results of operations. If we expand our operations internationally, we could be subject to new challenges and risks and our financial results could be adversely affected. International expansion is one of our growth strategies, and we may derive a portion of our revenues and operations from outside of the United States in the future. If we expand internationally, these operations will be subject to a variety of risks that we do not face in the United States, including:

| • |     | building and managing a highly experienced foreign workforce and overseeing and ensuring the performance of 
 foreign subcontractors;                                                                                     |

| • |     | conforming our service offerings to various international regulatory requirements, including the European Union 
 General Data Protection Regulation;                                                                             |

| • |     | complying with the U.S. Foreign Corrupt Practices Act (“FCPA”), economic sanctions, export controls and 
 other U.S. regulations associated with cross-border business activities;                                |

| • |     | difficulties in obtaining or complying with various licenses, approvals, certifications and other authorizations 
 necessary to provide our service offerings in any of these jurisdictions;                                        |

| • |     | difficulties attracting customers in new