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Picton Property Income Limited Annual Report 2022

Strategic Report

Financial Statements

Additional Information

Governance

Occupier focused, Opportunity led.

Through our occupier focused, opportunity led approach, we aim to be one of the consistently best performing diversified UK REITs.

Sustainable thinking, responsible business A responsible and ethical approach to business is essential for the benefit of all our stakeholders and understanding the long-term impact of our decisions will help us to manage risk and continue to generate value. Our occupier focused, opportunity led approach ensures we actively manage our assets, which helps to maintain high occupancy and create space for our occupiers to succeed. We believe that sustainability must be fully embedded into all of our business activities. Our sustainability policy guides our long-term sustainability priorities, including tackling environmental challenges, providing sustainable buildings for our occupiers and engaging with our stakeholders. We are a member of the Better Buildings Partnership and a signatory to the Better Buildings Partnership Climate Commitment. Our strategy In order to deliver on our purpose, we have in place three distinct strategic pillars: Portfolio Performance, Operational Excellence and Acting Responsibly. These pillars include a range of strategic priorities which guide the direction of our business and are regularly reviewed.

Our business We acquire, create and manage buildings for around 400 occupiers across a wide range of businesses. By applying insight, agility, and a personalised service, we provide attractive, well-located spaces to help our occupiers’ businesses succeed. We have a long-term track record, outperforming the MSCI UK Quarterly Property Index, over one, three, five and ten years, and since inception. Our diversified portfolio consists of 47 assets, valued at £849 million as at 31 March 2022.