Picton Property Income Limited Sustainability Report 2022

Stakeholder Engagement

Introduction

Environmental Focus

Governance

Appendix

Employees and skills continued

Diversity and inclusion We value the contributions made by all of our employees and believe that a diverse workforce is key to maximising business effectiveness. We aim to select, recruit, develop and promote the very best people and are committed to creating a workplace where everyone is treated with dignity and respect, and where individual difference is valued. We recognise the benefits of diversity and the value this brings to the Group. We aim to maintain the right blend of skills, experience and knowledge within the Group. The numbers of men and women employed by the Group are:

Wellbeing and benefits We believe that having a happy and healthy team is important to the success of the business. Our commitment to providing a safe and healthy working environment for our employees is achieved by: — Adhering to the appropriate health and safety standards — Providing a working environment that enables employees to work effectively and free from unnecessary anxiety, stress and fear — Ensuring employees can report inappropriate behaviour or concerns through the whistleblowing policy — Having appropriate family friendly policies We offer health benefits to all employees, and they also all participate in the Deferred Bonus and Long-term Incentive Plans, providing alignment with shareholders. The absentee rate for the year was 0.1%. There were no fatalities or work-related injuries during the year. The turnover of employees during the year was:

Training and development We want to encourage our employees to realise their full potential by giving them access to development and training opportunities. Employee development is based on the following key principles: — Development should be continuous; employees should be always actively seeking to improve performance — Regular investment of time in learning is seen as an essential part of working life — Development needs are met by a mix of activities, which include internal and external training courses, structured ‘on-the-job’ experience and through interaction with professional colleagues

All our employees have a formal performance appraisal on an annual basis, together with a mid-year review of their progress against objectives set at the start of the year. The team received 230 hours of training over the year, or 1.6% as a percentage of the total working hours of all employees. This year the team has received various sustainability related training. Most of the team have now attended the Better Buildings Partnership’s ESG Training for Real Estate Professionals. Additionally further training was carried out in respect of modern slavery, health and safety and net zero carbon. We recognise that further relevant training will be required as we progress along our net zero carbon pathway.

Picton Board

Male – 4 (67%) Female – 2 (33%)

Rest of team

Male – 4 (57%) Female – 3 (43%)

% of average number during year

Number

Joiners Leavers

0 1

11% Our only leaver during the year was in respect of maternity cover.

Total

Male – 8 (62%) Female – 5 (38%)