Company: LGN
Filing Date: 2025-11-03
Form Type: DRS
Source: 0001193125-25-262782
Chunk: 23

Company: Legence Corp.
Filing Date: 2025-11-03
Form: DRS
Chunk 23
---
625 |    |
| Net Loss Margin                                                   |     |                       |    (0.9 | )% |     |      |    (2.1 | )% |     |                    |    (6.6 | )% |     |      |    (2.8 | )% |     |      |    (1.3 | )% |
| Adjusted EBITDA Margin                                            |     |                       |    11.0 | %  |     |      |    11.1 | %  |     |                    |     9.6 | %  |     |      |    10.3 | %  |     |      |    10.9 | %  |

| (1) | Represents costs incurred in connection with our debt refinancings in each of the periods presented. |

14

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

| (2) | Refer to “Note 5—Goodwill and Intangible Assets” in the Notes to Consolidated Financial 
 Statements, for details on the nature of the impairment.                                |

| (3) | For the six months ended June 30, 2025 and 2024, the figures include $0.2 million and                                                                                                                                                 
 $5.4 million, respectively, of acquisition costs recorded in acquisition-related costs and $1.6 million and $0.7 million, respectively, of acquisition integration costs recorded in selling, general and administrative costs in the 
 Consolidated Condensed Statement of Operations. For the years ended December 31, 2024, 2023 and 2022, the figures include $5.6 million, $3.8 million and $5.6 million, respectively, of acquisition costs recorded in                 
 acquisition-related costs, and $1.1 million, $1.6 million and $1.0 million, respectively, of acquisition integration costs recorded in selling, general and administrative costs in the Consolidated Statements of Operations.        |

| (4) | Represents consulting and initial upfront costs associated with implementing and optimizing certain enterprise 
 resource planning systems, including IFS, Onestream and Ceridian Dayforce.                                     |

| (5) | Represents (i) consulting costs associated with rebranding efforts in connection with our name change to                                                                                                                                         
 Legence that we do not expect to recur in the future, (ii) upfront consulting and out-of-pocket costs related to