Company: LGN
Filing Date: 2025-02-14
Form Type: DRS
Source: 0000950123-25-002471
Chunk: 51

Company: Legence Corp.
Filing Date: 2025-02-14
Form: DRS
Chunk 51
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. Additionally, the adoption of new or revised accounting principles could require that we
make significant changes to our systems, processes and controls. We cannot predict the effect of future changes to accounting principles, which could have a significant effect on our reported financial results and/or our business, financial
condition and results of operations.

Risks Related to Growth and Acquisitions

As a growing company with a relatively limited operating history at our current scale, we face various risks, uncertainties, expenses and difficulties. Our business is dependent on our ability to effectively continue to develop, maintain and scale our platform.

Our expected future
growth presents numerous managerial, administrative, operational and other challenges. Our ability to manage the growth of our platform will require us to continue to develop and improve our management information systems and our other internal
systems and controls. In addition, our growth will increase our need to attract, develop, motivate and retain both our management and professional employees. The inability to effectively manage our growth or the inability of our employees to achieve
anticipated performance could have a material adverse impact on our business, financial condition and results of operations.

We may not be able to achieve expected returns from our growth strategy.

We invest our capital in areas that we believe best align with our business
strategy and optimize future returns. Investments in capital expenditures may not generate expected returns or cash flows. Significant judgment is required to determine which capital investments will result in optimal returns, and we could invest in
strategies that are ultimately less profitable than those that we do not select. Delays in strategy implementation and the ramping of new business lines or services, or failure to optimize our investment choices, could significantly impact our
ability to realize expected returns on our capital expenditures.

33

Confidential Treatment Requested by Legence Corp. Pursuant to 17 C.F.R. Section 200.83 In addition, our growth strategy involves several risks including the following:

| • |     | unavailability of necessary funding, which may include external sources; |

| • |     | inability to attract, retain and motivate key talent; |

| • |     | inability to identify or acquire attractive acquisition targets; |

| • |     | delays, disruptions and potential restrictions related to environmental, health and safety laws, regulations or 
 permits;                                                                                                        |

| • |     | potential restrictions on expanding in certain geographies; |

| • |     | insufficient customer demand to utilize our increased capacity; |

| • |     | inability to complete construction as scheduled and within budget; |

| • |