Picton Property Income Limited Sustainability Report 2022

Stakeholder Engagement

Introduction

Environmental Focus

Governance

Appendix

Employees and skills

We have a strong and open company culture with shared values co-created by the team.

Focusing on our employees We value the contributions made by the whole team and aim to nurture a positive working environment. Employee engagement For the third year we have carried out an employee engagement survey across the whole team, excluding the Directors. Overall the scores were very positive, with over half of the questions receiving Agree or Strongly Agree responses. The overall satisfaction score was 82%. Issues that were raised by the team included: — Training, particularly on sustainability, was well received and considered to be relevant; — Flexible working arrangements were valued, with a split between working from home and in the office; — Resourcing within the team given increasing demands particularly around sustainability; — Communication between the Board and team would be reviewed; and — Progress made against sustainability, and how this would be resourced in the light of the net zero carbon pathway.

This year we have held two offsite days for the team. The first looked at how we could make improvements in the way each team worked, while the second focused entirely on sustainability matters, including how the net zero carbon pathway would be implemented and embedded into the way we worked. As restrictions have been eased over the year we have been able to reintroduce team social events, although on a limited scale. We were very pleased to support Shooting Star Children’s Hospices by taking a table for the team at the annual Shooting Star Ball.

Our values 01

Principled We are professional, diligent and strategic.

Demonstrated through our transparent reporting, occupier focused approach, alignment with shareholders, delivery of our Picton Promise, our commitment to sustainability and positive environmental initiatives.

Perceptive We are insightful, thoughtful and intuitive.

Demonstrated through our long-term track record, our gearing strategy, diverse sector allocation and engagement with our occupiers.

Progressive We are forward-thinking, enterprising, and continually advancing. Demonstrated through our culture, work ethic and proactive asset management.