Company: LGN
Filing Date: 2025-02-14
Form Type: DRS
Source: 0000950123-25-002471
Chunk: 165

Company: Legence Corp.
Filing Date: 2025-02-14
Form: DRS
Chunk 165
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 Company-wide and personal goals under the 2024 EIP were generally designed to be challenging but achievable. A named executive officer may earn an amount greater than his target 113

Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83 bonus under the 2024 EIP in the event the Company and the named executive officer exceed its and their performance metrics. Payments under the 2024 EIP, if earned, are generally contingent upon the named executive officer remaining in continuous employment through the payment date. We have not yet finalized calculating the achievement of the foregoing performance metrics under the 2024 EIP; however, our preliminary estimates show a 94.20% achievement of the EBITDA target, which translates to a 71% achievement of the EBITDA Component, a 123.21% achievement for the Safety Component (by achieving a total recordable incident rate of 0.51 for 2024), a 100% achievement of the Sustainability Component and a 100% achievement of the Personal Component for each named executive officer. Below are our estimates of the bonus amounts to be paid to each of our named executive officers for 2024. We expect to finalize the achievement of the 2024 EIP performance metrics following receipt of our audited financials for 2024, and determine the actual 2024 EIP bonuses earned by each of our named executive officers in the first quarter of 2025.

| Name      |     | 2024 EIP Estimated  
 Payout (% of Target 
 Award)              |     |         2024 EIP 
 Estimated Payout 
              ($) |
| J. Sprau  |     | 80.86%              |     |         $470,761 |
| S. Butz   |     | 80.86%              |     |         $247,457 |
| G. Barnes |     | 80.86%              |     |         $166,545 |
| B. Seki   |     | 80.86%              |     |         $163,197 |

We believe that establishing cash bonus opportunities helps us attract and retain qualified and highly skilled executives. The annual bonuses earned by the named executive officers under the 2024 EIP are intended to reward them for their positive impacts on corporate results. Upon the completion of this offering, the compensation committee will take a more significant role in this annual review and decision-making process. Other Cash Bonuses