Picton Property Income Limited Sustainability Report 2022

Environmental Focus

Introduction

Stakeholder Engagement

Governance

Appendix

Environmental Focus

2022 highlights Over the year we have:

— Developed and published our net zero carbon pathway — Become a signatory to the Better Buildings Partnership Climate Commitment

— Improved EPC ratings — Removed gas supplies from three assets — Increased the number of Green Leases completed — Introduced further biodiversity measures — Reduced Scope 1 and 2 GHG emissions compared to 2019 baseline — Undertaken two energy efficiency audits at office assets Looking ahead Next year we will: — Address the initial priorities in our net zero carbon pathway — Continue to improve data capture and increase coverage across our portfolio — Undertake five net zero carbon audits across our portfolio — Integrate findings from energy audits into longer-term asset business plans

Key priorities:

01 Net zero carbon Reducing impact of buildings through design, energy efficiency and occupier engagement, and taking into consideration embodied carbon.

04 Biodiversity Focus on land use and ecology, which includes adding environmental value, for example with landscapes, green roofs and sustainable drainage systems. Biodiversity also contributes to wellbeing.

It is recognised that commercial buildings are a key source of emissions. As a responsible landlord we must seek to reduce the environmental impact of our buildings. We continually assess the environmental performance of our portfolio and seek to implement improvements where we can.