Company: LGN
Filing Date: 2025-07-15
Form Type: DRS/A
Source: 0000950123-25-006399
Chunk: 30

Company: Legence Corp.
Filing Date: 2025-07-15
Form: DRS/A
Chunk 30
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 being depreciated and amortized may have to be replaced in the future;          |

| • |     | do not reflect changes in our working capital needs; |

| • |     | do not reflect the interest (income) expense on our indebtedness; or |

| • |     | do not reflect the income tax (benefit) provision we are required to make. |

Neither Adjusted EBITDA nor Adjusted EBITDA Margin is a liquidity measure, and they should not be considered as discretionary cash available to us to reinvest in the growth of our business or to distribute to stockholders or as a measure of cash that will be available to us to meet our obligations. In order to evaluate our business, we encourage you to review the financial statements included elsewhere in this prospectus, and not rely on a single financial measure to evaluate our business.

19

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

The following table provides a reconciliation of our Net Loss, the most directly comparable financial measure presented in accordance with GAAP, to Adjusted EBITDA, and a calculation of Adjusted EBITDA Margin for the periods presented herein:

|                                                                   |     | Predecessor           
 2024                  | For the Three Months 
      Ended March 31, |    |     | 2025 |         |    |     | 2022 |      For the Years 
 Ended December 31, |    |     | 2023 |         |    |     | 2024 |         |    |     | Pro Forma | For the      
 Three Months 
 Ended        
 March 31,    
 2025         |   |
|:------------------------------------------------------------------|:----|:----------------------|---------------------:|:---|:----|:-----|--------:|:---|:----|:-----|-------------------:|:---|:----|:-----|--------:|:---|:----|:-----|--------:|:---|:----|:----------|:-------------|:--|
|                                                                   |     | -Dollars in thousands |                      |    |     |      |         |    |     |      |                    |    |     |      |         |    |     |      |         |    |     |           |              |   |
| Net loss                                                          |     | $                     |              (14,957 | )  |     | $    | (