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Picton Property Income Limited Annual Report 2022

Being Responsible continued

Governance

What we have achieved this year ‒ Became a signatory to the Better Buildings Partnership Climate Commitment ‒ Completed assessment of climate-related risks to the business ‒ Achieved EPRA Gold awards for both Annual and Sustainability Reports ‒ Appointed a third party to carry out data assurance on our 2022 reporting ‒ Published our sustainability policy What we will do next year ‒ Implementation of recommendations from climate- risk assessment ‒ Complete data assurance on all 2022 sustainability reporting ‒ Contribute to the Better Buildings Partnership Real Estate Environmental Benchmark in respect of our portfolio ‒ Ensure the issues identified with the 2021 GRESB score are incorporated into the 2022 submission

We are committed to transparent reporting so that our stakeholders can make informed decisions. We are a member of the Better Buildings Partnership and continue to report annually to GRESB and EPRA. Transparency and reporting Our GRESB score for 2021 reduced from 65 to 61, and to one green star from two. This was due to a number of factors, including a fall in data coverage during the pandemic. These issues have been addressed with our sustainability advisers and we expect our score to improve in 2022. This year we have appointed JLL Upstream to carry out data assurance on our published environmental data and GRESB submission. This will provide greater validation of our reported sustainability data. Following the publication of our net zero carbon pathway we have become a signatory to the Better Buildings Partnership Climate Commitment. We have maintained our Gold awards from EPRA for both our 2021 Annual and Sustainability Reports.