Blackstone Inc. and Affiliates Report 61.1% Beneficial Ownership in Legence Corp.

This Schedule 13G/A, filed on May 1, 2026, reports beneficial ownership in Legence Corp. (LGN) by a group of reporting persons including Blackstone Inc., Stephen A. Schwarzman, and various Blackstone-affiliated entities such as Legence Parent ML LLC and Legence Parent II ML LLC. As of the event date on March 31, 2026, the reporting persons collectively may be deemed to beneficially own 66,041,198 shares of Class A Common Stock, representing approximately 61.1% of the class. The holdings consist of 25,341,365 shares of Class A Common Stock held directly by Legence Parent ML LLC and Legence Parent II ML LLC, along with 40,699,833 shares of Class A Common Stock issuable upon the exchange of Class B Units of Legence Holdings LLC. The filing updates previous ownership information, reflecting significant control by Blackstone through its complex organizational structure. Stephen A. Schwarzman, as the founder and controller of Blackstone Group Management L.L.C., is also identified as a reporting person with shared voting and dispositive power over these securities.