Company: LGN
Filing Date: 2025-02-14
Form Type: DRS
Source: 0000950123-25-002471
Chunk: 24

Company: Legence Corp.
Filing Date: 2025-02-14
Form: DRS
Chunk 24
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 operations in particular jurisdictions or otherwise harm our business. |

| • |     | Some of our clients receive federal, state and local government incentives for building new facilities or to make                                                                            
 energy efficiency upgrades to their buildings. If these incentives are reduced or limited, the scope for some of our projects may be impacted and there may be less demand for our services. |

Risks Related to the Environment, Health and Safety

| • |     | Environmental, health and safety laws could impose significant additional costs and liabilities. |

| • |     | We are exposed to risks relating to occupational, health and safety matters and operate at project sites that                                                                                                                                        
 involve a high degree of operational hazards and risks. Failure by us or any of our business partners to maintain safe work sites and equipment could have a material adverse impact on our business, financial condition and results of operations. |

| • |     | Increasing scrutiny, regulatory requirements and changing expectations from various stakeholders with respect to                                             
 sustainability and other environmental, social and governance (“ESG”) matters may impose additional costs on us or expose us to reputational or other risks. |

Risks Related to Our Class A Common Stock and Structure

| • |     | Our sole material asset after completion of this offering will be our membership interest in Legence Holdings and                                                                         
 we are accordingly dependent upon distributions from Legence Holdings to pay taxes, make payments under the Tax Receivable Agreement and cover our corporate and other overhead expenses. |

| • |     | We do not intend to pay dividends following the completion of this offering and may never pay dividends. |

| • |     | Our sale or issuance of additional Common Stock or other equity-related securities could dilute each 
 stockholder’s ownership interest or adversely affect the market price of our Class A Common Stock.   |

| • |     | We will be required to make payments under the Tax Receivable Agreement for certain tax benefits we may claim, 
 and the amounts of such payments could be significant.                                                         |

15

Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83

Summary Historical and Unaudited Pro Forma Financial Information The following table shows summary historical financial information and other data for the Company’s predecessor, Legence Holdings, and summary unaudited pro forma financial information for the periods and as of the dates indicated. The summary historical financial information as of December 31, 2023, and for the years ended December 31, 2023 and 2022,