I. Executive Summary

The Axolt Asset Management Plan is designed to deliver a strategic approach to managing the
company’s array of assets, including data, software systems, and personnel across locations in the
UK, Canada, and India. The key aim is to optimize asset utilization, reduce risks, ensure full
compliance with international and regional regulations, and enhance the overall operational
efficiency and value delivered by Axolt’s assets. This plan outlines the procedures and processes
involved in managing our assets throughout their lifecycle, from acquisition to disposal.

II. Introduction

As a Salesforce AppExchange partner and software-as-a-service provider, Aqxolt develops its ERP
solutions on the Salesforce platform. With a global presence in the UK, Canada, and India, we
leverage a range of digital assets to build and maintain our applications. This plan outlines a
comprehensive strategy for managing these assets, which are vital to our everyday operations and
the accomplishment of our long-term strategic objectives.

III. Asset Inventory

Our asset inventory includes:
Data: We leverage various cloud platforms such as Salesforce instances, Amazon AWS, Heroku, and
Digital Ocean. This includes production, development, and backup databases across all regions.
Personnel: Our teams across the UK, Canada, and India, comprising IT professionals, developers,
and various other roles, are vital assets responsible for different aspects of asset management.
Devices: Across all our locations, we mainly use laptops and desktops for our operations.
Systems: Our software systems encompass Salesforce, AWS, Heroku, Digital Ocean, various
operating systems, and other software solutions required for our work.

IV. Asset Management Approach
Asset Acquisition:

All acquisitions, including software licenses and hardware purchases, must
comply with our procurement policies and the respective regional regulations.
Asset Identification: We assign a unique identifier to each asset, which includes location
information to streamline management and tracking.
Asset Tracking: We utilize cloud-based asset management solutions to monitor the status,
location, and usage of each asset.
Asset Maintenance: We maintain our assets with regular software updates and hardware
maintenance, following guidelines and schedules recommended by the manufacturers and
developers.

Asset Disposal: We ensure that all disposals adhere to relevant environmental and data security
laws in each region.

V. Risk Management

Risk Identification: We undertake regular risk assessments to identify potential threats to our
assets.
Risk Assessment: We assess the potential impact and probability of each identified risk, factoring in
the geographic location and type of asset.

Risk Mitigation: Risk mitigation strategies include robust security measures, insurance where
necessary, and comprehensive contingency planning.

VI. Performance Monitoring

We monitor the performance of each asset using relevant KPIs and metrics, with standardized
reporting procedures across all regions.

VII. Training and Development

We conduct regular training sessions for our staff in all regions to enhance their skills in asset
management and to promote best practices.

VIII. Review and Continuous Improvement

We will regularly review and update our asset management plan based on the feedback received
and evolving best practices in asset management.

IX. Conclusion

Effective asset management is integral to Axolt’s operations and strategic objectives. By
maximizing the value and utilization of our assets and minimizing associated risks, this plan
provides a strategic roadmap for operational excellence across all our regions.

X. Appendices

This section includes detailed asset registers, maintenance logs, and other relevant documents for
each region.