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

Company: Legence Corp.
Filing Date: 2025-05-14
Form: DRS/A
Chunk 25
---
 cash flows and financial results. |

| • |     | If we fail to complete a project in a timely manner, miss a required performance standard or otherwise fail to                                                                   
 adequately perform on a project, then we may incur a loss on that project, which may reduce or eliminate our overall profitability or subject us to liquidated or other damages. |

| • |     | The fact that we outsource various elements of the services we sell and use materials and equipment produced by                                                    
 third parties in our projects subjects us to the business risks of our subcontractors and suppliers, which could have a material adverse impact on our operations. |

| • |     | Our clients typically rely on third party financing to pay for their projects, and this capital might not be 
 available on acceptable terms or at all.                                                                     |

| • |     | We may not recognize all revenues from our backlog and awarded contracts or receive all payments anticipated 
 under awarded projects and customer contracts.                                                               |

| • |     | If we fail to remediate any material weaknesses or to maintain effective internal control over financial  
 reporting, our ability to accurately and timely report our financial results could be adversely affected. |

Risks Related to Growth and Acquisitions

| • |     | As a growing company with a relatively limited operating history at our current scale, we face various risks,                                           
 uncertainties, expenses and difficulties. Our business is dependent on our ability to effectively continue to develop, maintain and scale our platform. |

| • |     | We may not be able to achieve expected returns from our growth strategy. |

| • |     | If we cannot maintain our corporate culture as we grow, we could lose the innovation, collaboration and focus 
 that contribute to our business.                                                                              |

Risks Related to Indebtedness

| • |     | We have a significant amount of existing indebtedness and our ability to make scheduled payments on or to 
 refinance our obligations will depend on many factors, some of which are beyond our control.              |

14

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

| • |     | We may not be able to finance future needs or adapt our business plan to react to changes in economic or business                    
 conditions because of restrictions placed on us by our Credit Facilities and any other instruments governing our other indebtedness. |

| • |     | Our variable rate indebtedness subjects us to interest rate risk, which could cause our debt service obligations 
 to increase significantly.