25 June 2025

PICTON PROPERTY INCOME LIMITED

('Picton' or the 'Company')

SHARE AWARDS VESTING

Picton announces the vesting of awards previously granted to Persons Discharging Managerial Responsibility ('PDMRs') under the Picton Property Income Limited 2016 Long-term Incentive Plan ('LTIP') and under the Picton Property Income Limited 2018 Deferred Bonus Plan ('DBP').

In respect of the LTIP and DBP awards granted on the following dates the following awards have now vested and been exercised over the number of ordinary shares as set out below:

Where appropriate, sufficient shares were sold to fund the tax liabilities arising on vesting of Executive Director share awards. The sale price for the shares sold was 80.05 pence per share.

This notification is made in accordance with the Market Abuse Regulation.

For further information:

Picton

Kathy Thompson, Company Secretary

020 7011 9988, kathy.thompson@picton.co.uk

About Picton

Established in 2005, Picton is listed on the main market of the London Stock Exchange and is a constituent of a number of EPRA indices including the FTSE EPRA Nareit Global Index.

Picton owns and actively manages a £723 million UK commercial property portfolio, invested across 47 assets and with around 350 occupiers (as at 31 March 2025).

Through an occupier focused, opportunity led approach, Picton aims to be the consistently best performing diversified UK REIT and has delivered upper quartile outperformance and a consistently higher income return than the MSCI UK Quarterly Property Index since launch. 

With a portfolio strategically positioned to capture income and capital growth, currently weighted towards the industrial sector, Picton's agile business model provides flexibility to adapt to evolving market trends over the long-term.

Picton has a responsible approach to business and is committed to being net zero carbon by 2040.

For more information please visit:www.picton.co.uk

LEI: 213800RYE59K9CKR4497

ENDS