Company: LGN
Filing Date: 2025-04-30
Form Type: DRS/A
Source: 0000950123-25-003868
Chunk: 116

Company: Legence Corp.
Filing Date: 2025-04-30
Form: DRS/A
Chunk 116
---
 revenues from new building projects and 67.5% of our revenues from retrofits, upgrades and maintenance for existing buildings. Our team includes approximately 1,200 MEP engineers and energy consultants, and
approximately 3,300 HVAC and plumbing service technicians, fitters, electricians and sheet metal workers. Since 2021, we have completed more than 50,000 jobs each year for clients across the United States.

Our clients include large technology and industrial companies and public sector institutions who contract with us directly to provide
services, as well as intermediaries such as architects and general contractors who subcontract MEP services to us as part of a larger project. We served approximately 19,000 clients from 2019 through 2024. Excluding maintenance contracts which can
span multiple years, we typically complete most of our jobs within six months. Approximately 70% of our revenues over the period from 2021 to 2024 were from jobs that had values of less than $10 million, after giving pro forma effect to
acquisitions made over that period. Our largest client represented approximately 4% of our revenues over the period from 2021 to 2024, after giving pro forma effect to acquisitions made over that period. In certain cases, we manage third-party
contractors on behalf of our clients and pass the cost of those subcontractors on to our customers. We describe our revenues excluding the cost of these subcontractors as “Self-Perform Contribution.”

76

Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83 The contribution to our revenue by building type and client end market is as follows (dollars in thousands):

|                               |     | Year Ended December 31, |      2022 |     |   |       |   |     |   |      2023 |     |   |       |   |     |   |      2024 |     |   |       |   |
|:------------------------------|:----|:------------------------|----------:|:----|:--|------:|:--|:----|:--|----------:|:----|:--|------:|:--|:----|:--|----------:|:----|:--|------:|:--|
|                               |     | $                       |           |     | % |       |   |     | $ |           |     | % |       |   |     | $ |           |     |