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Return of Assets Policy

Owner Classification Review Date Status
CDO Office Internal April 2027 Active

Document Type: Policy | Owner: CISO | Classification: Confidential | Review Cycle: Annual

Field Detail
Document # SP-RA-031
Version V1.0
Issue Date 09/09/2025
Confidentiality Level Class 2 (Private Data / Confidential)
Document Owner Chief Technical Officer
Authorised By Yassir Pasha

Document Creation

Field Detail
Document # SP-RA-033
Document Title Return of Asset
Version 1.0
Confidentiality Level Class 2 (Private Data / Confidential)
Date Created 09/09/2025
Issue Date 09/09/2025
Document Owner Chief Technical Officer
Author(s) Simpaisa
Purpose To ensure the secure, complete, and documented return of all company assets upon employee separation or role change.
Authorised By Yassir Pasha

Reviewed By Steering Committee

Name Role
Yassir Pasha Chief Executive Officer
Kamil Shaikh Chief Operating Officer
Osama Hashmi Chief Financial Officer
Bachir Njeim Chief Strategy and Operations Officer
Saqlain Raza Acting Chief Technology Officer
Rizwan Zafar Chief Product Officer
Ahsan Hussain Payment Channel Partnerships
Danish Abdul Hameed Chief Information Security Officer
Shahroze Khan Head of International Merchant Sales and Strategic Alliances
Noor Ali Country Head Pakistan
Shoukat Bizinjo Global Head of Regulatory Affairs & Regulatory

Change Control

Version Date of Issue Author(s) Brief Description of Changes Approved By
V1.0 09/09/2025 Simpaisa Annual Review Yassir Pasha

1 Introduction

1.1 Scope

The scope of this procedure is to identify and define appropriate protection responsibilities.

1.2 Objective

The objective of this procedure is to identify data classification.

1.3 Return of Assets

All employees and external party users are expected to return any organisational and information assets upon termination of their employment, contract, or agreement.

The termination process should be formalised to include the return of all previously issued software, corporate documents, and equipment. Other Company assets such as mobile computing devices, credit cards, access cards, software, manuals, and information stored on electronic media also need to be returned.

In cases where an employee, contractor or third-party user purchases the Company's equipment or uses their own personal equipment, procedures should be followed to ensure that all relevant information is transferred to the Company and securely erased from the equipment.

In cases where an employee, contractor or third-party user has knowledge that is important to ongoing operations, that information should be documented and transferred to the Company.

Where assets are not returned according to the process, unless otherwise agreed and documented as part of the exit process, the non-return should be logged as a security incident.