Picton Property Income Limited Annual Report 2023

Strategic Report

Governance

Financial Statements

Additional Information

Strategy

Our strategic priorities Through our occupier focused, opportunity led approach, we aim to be one of the consistently best performing diversified UK REITS. Our strategic priorities guide the direction of our business and are reviewed annually. Portfolio Performance Operational Excellence

Acting Responsibly

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1 Creating and owning a portfolio which provides income and capital growth 2 Growing occupancy and income profile 3 Enhancing asset quality, providing space that exceeds occupier expectations 4 Outperforming the MSCI UK Quarterly Property Index

1 Maintaining an efficient operating platform, utilising technology as appropriate 2 Having an agile and flexible business model, adaptable to market trends earnings growth 4 Having an appropriate capital structure for the market cycle 5 Growing to deliver economies of scale 3 Delivering

1 Progressing our environmental focus and reducing our emissions to become carbon net zero by 2040 2 Working closely and engaging with our occupiers, shareholders, communities and other stakeholders 3 Ensuring we maintain our company values, positive working culture and alignment of the team 4 Having strong governance and transparent reporting

to ensure the long- term success of the business

For details on the associated risks see pages 42–46 For details on connected KPIs see pages 22–25

For details on our strategic progress see the Chief Executive’s Review on pages 18–21

 Picton Property Income Limited  Annual Report 2023

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