Company: LGN
Filing Date: 2025-08-15
Form Type: S-1
Source: 0001193125-25-181698
Chunk: 182

Company: Legence Corp.
Filing Date: 2025-08-15
Form: S-1
Chunk 182
---
 a majority of independent members within 90 days thereafter and all independent members within one year thereafter. The SEC rules also require that a public company disclose whether or not its audit committee has an “audit committee financial expert,” which is defined as a person whose experience yields the attributes outlined in such rules. will satisfy this requirement. This committee will oversee, review, act on and report on various auditing and accounting matters to our board of directors, including: the selection of our independent accountants, the scope of our annual audits, fees to 130

be paid to them, their performance and our accounting practices. In addition, the audit committee will oversee our compliance programs relating to legal and regulatory requirements. We expect to
adopt an audit committee charter defining the committee’s primary duties in a manner consistent with the rules of the SEC and applicable stock exchange or market standards, including SOX.

Compensation Committee

We will
establish a compensation committee prior to the completion of this offering. Following completion of this offering, our compensation committee will consist of , and
, and will serve as the chairman. As required by the rules of the SEC and listing standards of the Nasdaq, the compensation committee will consist solely of independent directors, subject to
the phase-in exceptions. Those rules permit us to have a compensation committee that has one independent member at the date our Class A Common Stock is first listed on the Nasdaq, a majority of
independent members within 90 days thereafter and all independent members within one year thereafter.

This committee establishes
salaries, incentives and other forms of compensation for officers and other employees. Our compensation committee also administers our incentive compensation and benefit plans. See “Compensation Discussion and Analysis” for a brief
description of how we intend to make grants following this offering. We have adopted a compensation committee charter defining the committee’s primary duties in a manner consistent with the rules of the SEC, the Public Company Accounting
Oversight Board and applicable Nasdaq standards.

Nominating and Corporate Governance Committee

We will establish a nominating and corporate governance committee prior to the completion of this offering. Following the completion of this
offering, our nominating and corporate governance committee will consist of , and , and will serve as the chairman. As
required by the rules of the SEC and listing standards of the Nasdaq, the nominating and corporate governance committee will consist solely of independent directors, subject to the phase-in exceptions. Those
rules permit us to have a nominating and corporate governance committee that has one independent member at the