When legal, extending trip count in the loop control logic generates better code compared to truncating IV. This is because
(1) extending trip count is a loop invariant operation (see genLoopLimit where we prove trip count is loop invariant).
(2) Scalar Evolution seems to have problems understanding trunc when computing loop trip count. So removing them allows better analysis performed in Scalar Evolution. (In particular this fixes PR 28363 which is the motivation for this change).
I am not going to perform any performance test. Any degradation caused by this should be an indication of a bug elsewhere.
To prove legality, we rely on SCEV to prove zext(trunc(IV)) == IV (or similarly for sext). If this holds, we can prove equivalence of trunc(IV)==ExitCnt (1) and IV == zext(ExitCnt). Simply take zext of boths sides of (1) and apply the proven equivalence.
Why do you need this constructor?