Company: LGN
Filing Date: 2025-07-15
Form Type: DRS/A
Source: 0000950123-25-006399
Chunk: 17

Company: Legence Corp.
Filing Date: 2025-07-15
Form: DRS/A
Chunk 17
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 contemplated by this prospectus, (a) Legence will own (including through the Pubco Subsidiaries) an approximate % economic interest in Legence Holdings (or % if the underwriters’ option to
purchase additional shares is exercised in full and after giving effect to the application of the net proceeds therefrom), (b) Aggregator I will own an approximate % economic interest in Legence Holdings (or % if the
underwriters’ option to purchase additional shares is exercised in full and after giving effect to the application of the net proceeds therefrom) and (c) Aggregator II will own an approximate % economic interest in Legence (or
% if the underwriters’ option to purchase additional shares is exercised in full and after giving effect to the application of the net proceeds therefrom).

Each share of Class A Common Stock and Class B Common Stock will entitle its holder to one vote on all matters to be voted on by
stockholders. Holders of Class A Common Stock and Class B Common Stock will vote together as a single class on all matters presented to our stockholders for their vote or approval, except as otherwise required by applicable law or by our
amended and restated certificate of incorporation. We do not intend to list the Class B Common Stock on any stock exchange.

7

Confidential Treatment Requested by Legence Corp.

Pursuant to 17 C.F.R. Section 200.83

We will enter into a Tax Receivable Agreement with the TRA Members. This agreement generally
provides for the payment by us to the TRA Members of 85% of the net cash savings, if any, in U.S. federal, state and local income tax that we (a) actually realize with respect to taxable periods ending after this offering or (b) are deemed
to realize in the event the Tax Receivable Agreement terminates early at our election, as a result of our breach or upon a change of control (as defined under the Tax Receivable Agreement, which includes certain mergers, asset sales and other forms
of business combinations and certain changes to the composition of our board of directors) with respect to any taxable periods ending on or after such early termination event, in each case, as a result of (i) our allocable share of existing tax
basis acquired in connection with this offering and increases to such allocable share of existing tax basis; (ii) our utilization of certain tax attributes of the Blocker Entities; (iii) increases in tax basis resulting from