Picton Property Income Limited Annual Report 2024

Governance

Financial Statements

Additional Information

Strategic Report

Strategy

Through our occupier focused, opportunity led approach, we aim to be one of the consistently best performing diversified UK REITs, creating value for our shareholders. Our strategic priorities guide the direction of our business and are reviewed annually. Our strategic priorities

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Portfolio Performance / Manage the portfolio to provide income and capital growth / Grow occupancy and income profile / Enhance asset quality and create space that meets evolving occupier expectations / Outperform the MSCI UK Quarterly Property Index

Operational Excellence / Run an efficient and innovative operating platform

Acting Responsibly / Reduce our emissions to become net zero carbon by 2040 / Actively engage with our occupiers, shareholders, communities and other stakeholders / Promote our company values, nurture a positive working culture, and alignment of the team / Ensure the long-term success of the business with strong governance and transparent reporting

/ Adapt to market trends with an agile and flexible business model / Deliver earnings growth / Maintain appropriate capital structure for the market cycle / Pursue opportunities for growth to deliver economies of scale

For details on the associated risks see pages 42–46

For details on connected KPIs see pages 20–23

For details on our strategic progress see the Chief Executive’s Review on pages 16–19

Picton Property Income Limited / Annual Report 2024

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