Strategic Report
Financial Statements
Additional Information
Governance
Welcome to
Governance
The UK Corporate Governance Code 2018 (the Code) applied for the financial year ended 31 March 2022. Our Statement of Compliance is set out in the Directors’ Report on page 109. A summary of the system of governance adopted by the Company and how we have applied the principles of the Code are set out in this section of the Annual Report.
Chair’s Introduction 68 An overview of our governance activities over the year Board and Team 70 Board of Directors 72 Our Team Leadership and Purpose 74 The Company’s purpose and values 75 Board and Committee attendance 75 Conflicts of interest 76 The Board’s activities during the year 78 How the Board has engaged with its stakeholders this year Division of Responsibilities 80 The role of the Board and its Committees 81 The roles of each Director Composition, Succession and Evaluation 82 Board composition and diversity 83 Nomination Committee Report 84 Board evaluation Audit, Risks and Internal Controls 85 Overview of controls and risk management 86 Audit and Risk Committee Report 89 Property Valuation Committee Report Remuneration Report 91 Introduction from the Chair of the Remuneration Committee 96 Remuneration at a glance
98 Directors’ Remuneration Policy 101 Annual Report on Remuneration Directors’ Report 109 Directors’ Report
Picton Property Income Limited Annual Report 2022
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