Picton Property Income Limited Annual Report 2021

Stakeholder engagement

We have continued our occupier engagement programme during the pandemic, maintaining regular contact and communication with our occupiers. We have held regular virtual building management meetings with our office occupiers and ensured buildings were accessible and Covid-compliant. This year we will aim to further develop our engagement with occupiers and act upon the results of the recent occupier survey that we have carried out. We are also preparing building specific re-occupation plans to assist our occupiers when they are ready to return. Our suppliers We have in place a framework for conducting business across the Group, in a way that makes a positive contribution to society while minimising any negative impact on people and the environment. We expect high standards within our business and from our suppliers. Last year we prepared our first Supplier Code of Conduct. The Code is designed to promote safe and fair working conditions and the responsible management of social, ethical and environmental issues in our supply chain. Over the last year we have been rolling this out to all of our principal suppliers, and to new suppliers as appropriate. Our communities We are committed to supporting the local communities where we own buildings. We aim to continually improve the impact of our buildings within local communities through not only providing space to local businesses, but also through the improvement of local areas and minimising the environmental impact of buildings themselves. We have this year developed our community and social value, and charitable giving policies to provide greater focus on our initiatives. As part of our fifteenth year anniversary celebrations, we created a funding award of £15,000 to support not-for-profit community organisations where we own buildings. We invited applications from organisations committed to creating, delivering or expanding projects which improve community engagement.

We have in place a framework for conducting business in a way that makes a positive contribution to society while minimising the impact on people and the environment. We are committed to engaging with our occupiers, shareholders, suppliers and wider community and the Board acts to promote the long-term success of the business for the benefit of all our stakeholders. What we have done this year ӱ Maintained regular communication with shareholders, including virtual meetings ӱ Engaged with our occupiers throughout the year to help navigate the pandemic ӱ Developed our occupier engagement programme to improve occupier satisfaction ӱ Carried out occupier satisfaction survey ӱ Marked fifteenth anniversary by holding community initiative offering £15,000 to local charities ӱ Made further charitable donations of £14,000 What we will do next year ӱ Roll out occupier engagement plan ӱ Act on the results of our latest occupier survey ӱ Use our influence to drive environmental performance and increase adoption of green lease clauses Our occupiers We are always seeking to improve our occupiers’ experience, which is why we created the Picton Promise: five key commitments including Action, Community, Technology, Support and Sustainability. Each commitment underpins every aspect of the occupier experience we provide.

Parkbury Industrial Estate Radlett

We received many applications nominated by our occupiers and selected five worthwhile projects to each receive an award. These were: ӱ The Link Visiting Scheme, Wokingham ӱ Capel Community Trust, Capel ӱ Your Sanctuary, Surrey ӱ I CAN, London ӱ Strathcarron Hospice, central Scotland We continue to support a variety of charities, and this year made donations of over £14,000. With the impact of the pandemic curtailing many charities’ fundraising activities we felt it was appropriate to increase our support. The principal charities that we have supported this year are The Funding Network, Coram and LandAid. We have maintained our occupier matched giving policy, and also offer matched giving for employees who are raising money for charity.

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