Picton Property Income Limited Annual Report 2022

Strategic Report

Financial Statements

Additional Information

Governance

Stakeholder value

Shareholders £147m Profit after tax

Occupiers 93% Occupancy Communities 15 Charities supported Our people 82% Employee satisfaction score The environment

Our business model is driven by knowledge, expertise and research led decision making 01

Creating value through proactive asset management 03

71% EPC ratings A-C

This is underpinned by:

Risk management Our diverse portfolio and occupier base spreads risk and generates a stable income stream throughout the property cycle. We adapt our capital structure and use debt effectively to achieve enhanced returns. We maintain a covered dividend policy, to generate surplus cash and allow us to invest back into the portfolio.

Responsible stewardship We have a responsible and ethical approach to business and sustainability is embedded within our corporate strategy. We understand the impact of our business on the environment and are committed to creating and delivering value for the benefit of all our stakeholders.

For more detailed information on our stakeholders, see our Section 172 statement on pages 58-59

 Picton Property Income Limited  Annual Report 2022

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