Picton Property Income Limited Annual Report 2021

Stakeholder

What is important to our stakeholders

Howwe engage

What we have done this year

Our investors

– Clear strategy – Regular dividends

We value the views of all our shareholders and senior management hold regular meetings to update shareholders on progress and activity. We issue regular investor updates with key financial highlights and updates on the portfolio. Our website has been enhanced and provides investors with up-to-date information about the Group. We encourage shareholders, in normal circumstances, to attend our Annual General Meeting where they are able to ask questions of the Directors directly.

At the start of this financial year we took the difficult decision to reduce the level of dividend, taking a conservative approach to the potential impact of the pandemic on the business. As the year has progressed and our rent collection has been maintained at a robust level we have increased the dividend on two occasions, albeit not yet back to the pre-pandemic level. After the initial fall, this has helped our share price to rise by 37% over the second half of the year.

– Financial performance – Clear and transparent reporting

Suppliers

– Prompt payment – Fair terms of business – Long-term relationships

We seek to maintain productive and long-term relationships with our business partners. 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 have continued to ensure that our suppliers are paid promptly and within payment terms.

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