2050 MATERIALS LIMITED

Privacy and Data Protection Policy

1. INTRODUCTION

2050 MATERIALS LIMITED respects your privacy. Whether you deal with 2050 MATERIALS LIMITED as a customer, a consumer, a member of the general public, etc., you are entitled to the protection of your Personal Data. This data may relate to your name, telephone number, email address but also to other data, such as your profession, bank account data, financial information, your line of business, etc.

In this General 2050 MATERIALS LIMITED Privacy and Data Protection Policy (“this Policy”) we describe how we collect your Personal Data and why we collect it, what we do with your Personal Data, with whom we share it, how we protect it, and the choices you can make about your Personal Data.

This Policy applies to the processing of your Personal Data in the framework of various services, tools, applications, websites, portals, (online) sales promotions, marketing actions, sponsored social media platforms, etc. that are provided or operated by us or on our behalf.

This Policy contains general rules and explanations. It is complemented with separate specific privacy notices relating to particular services, tools, applications, websites, portals, (online) sales promotions, marketing actions, sponsored social media platforms, etc. provided or operated by or on behalf of 2050 MATERIALS LIMITED. These privacy notices will be communicated to you whenever your Personal Data is needed in the framework of the activities mentioned above (for example, via websites, portals, individual communication services, newsletters, reminders, surveys, offers, events, etc.).

This Policy applies to all your Personal Data collected by (or on behalf of) 2050 MATERIALS LIMITED and/or any other Organization completely controlled by MACYS CORPORATE SERVICES LTD together referred to in this Policy as “2050 MATERIALS LIMITED”, “we”, “us” and ”our”.

If you accept the provisions of this Policy, you are agreeing to us processing your Personal Data in the ways that are set out in this Policy.

At the end of this Policy, you will find some definitions of certain key concepts used in this Policy and which are capitalized (for example, Personal Data, Processing, Data Controller…).

2. WHO IS RESPONSIBLE FOR THE PROCESSING OF YOUR PERSONAL DATA?

The entities which are responsible for the processing of your Personal Data are:
2050 MATERIALS LIMITED
Chrysorrogiatissis & Kolokotroni, 3040 Limassol, Cyprus

3. WHO CAN YOU CONTACT IN CASE YOU HAVE QUESTIONS OR REQUESTS? THE DATA PROTECTION CONTACT POINT

We have organized a Data Protection Contact Point which will handle your questions or requests relating to this Policy, any specific privacy notice, your Personal Data (and its Processing).
For any questions or requests or complaints concerning the application of this Policy or to exercise your rights, as described in this Policy, you may contact us at the Data Protection Contact Point:
STEPHANOS STEPHANOV e-mail: stephanos@2050-materials.com and 2050 MATERIALS LIMITED
Chrisorrogiatissis & Kolokotroni, 3040 Limassol, Cyprus

4. KEY PRINCIPLES

We value your Personal Data entrusted to us and we are committed to processing your Personal Data in a fair, transparent and secure way. The key principles 2050 MATERIALS LIMITED applies are as follows:

Lawfulness : we will only collect your Personal Data in a fair, lawful and transparent manner.
Data minimization: we will limit the collection of your Personal Data to what is directly relevant and necessary for the purposes for which they have been collected.
Purpose limitation: we will only collect your Personal Data for specified, explicit and legitimate purposes and not process your Personal Data further in a way incompatible with those purposes.
Accuracy: we will keep your Personal Data accurate and up to date.
Data security and protection: we will implement technical and organizational measures to ensure an appropriate level of data security and protection considering, among others, the nature of your Personal Data to be protected. Such measures provide for the prevention of any unauthorized disclosure or access, accidental or unlawful destruction or accidental loss, or alteration and any other unlawful form of Processing.
Access and rectification: we will process your Personal Data in line with your legal rights.
Retention limitation: we will retain your Personal Data in a manner consistent with the applicable data Protection for international transfers: we will ensure that any of your Personal Data transferred outside the EEA is adequately protected.
Safeguards towards third parties: we will ensure that Personal Data access by (and transfers to) third parties are carried out in accordance with applicable law and with suitable contractual safeguards.
Lawfulness of direct marketing and cookies: when we send you promotional materials or place cookies on your computer, we will ensure that we do so in accordance with applicable law.

5.PROCESSING OF YOUR PERSONAL DATA: WHICH PERSONAL DATA DO WE COLLECT AND ON WHICH LEGAL GROUNDS

Whenever we require your Personal Data, we will always clearly inform you which of your Personal Data we collect. This information will be provided to you through a separate privacy notice which will, for example, be included in specific services (including communication services), electronic newsletters, reminders, pop ups requesting your consent, surveys, offers, invitations for events, etc.
Please note that in accordance with applicable data protection law, your Personal Data can be processed
if:
- you have given us your consent for the purposes of the Processing (as described in the privacy notice related to that particular Processing). For the avoidance of doubt, you will always have the right to withdraw your consent at any time; or
- it is necessary for the performance of a contract to which you are a party; or
- with such Processing, we pursue a legitimate interest that is not outbalanced by your privacy rights. Such legitimate interest will be duly communicated to you in the privacy notice related to that particular Processing.
- it is required by law.

6. FOR WHICH PURPOSES WE PROCESS YOUR PERSONAL DATA

We will only process your Personal Data for specified, explicit and legitimate purposes and we will not process your Personal Data further in a way that is incompatible with those purposes.

Such purpose can be the execution of an order you have placed, the improvement of your visit on one of our websites or portals, the improvement of our products and services more generally, the offering of services or applications, marketing communications and actions, etc. The purpose of each Processing of your Personal Data will be clearly defined in the specific privacy notice relating to that particular Processing. This privacy notice will be accessible, for example, on a website or portal, on an application, in an electronic newsletter, etc.).

7. KEEPING YOUR PERSONAL DATA ACCURATE AND UP-TO-DATE

It is important for us to maintain accurate and up-to-date records of your Personal Data. Please inform us of any changes to or errors in your Personal Data as soon as possible by contacting us at the Data Protection Contact Point (“Who can you contact in case you have questions or requests?”). We will take reasonable steps to make sure that any inaccurate or outdated Personal Data is deleted or adjusted accordingly.

8. ACCESS TO YOUR PERSONAL DATA

You have the right to access your Personal Data which we are processing and, if your Personal Data is inaccurate or incomplete, to request the rectification or erasure of your Personal Data. If you require further information in relation to your privacy rights or would like to exercise any of these rights, please contact us at the Data Protection Contact Point (“Who can you contact in case you have questions or requests?”).

9. HOW LONG DO WE KEEP YOUR PERSONAL DATA

We will keep your Personal Data in a manner consistent with applicable data protection law. We will only keep your Personal Data for as long as necessary for the purposes for which we process your Personal your Personal Data or to comply with the law. For information on how long certain Personal Data is likely to be kept before being removed from our systems and databases, please contact us at the Data Protection Contact Point (“Who can you contact in case you have questions or requests?”).

10. PROTECTING YOUR PERSONAL DATA

We have a set of technical and organizational security measures in place to protect your Personal Data against unlawful or unauthorized access or use, as well as against accidental loss or damage to their integrity. They have been designed taking into account our IT infrastructure, the potential impact on your privacy and the costs involved and in accordance with current industry standards and practice.

Your Personal Data will only be processed by a third-party Data Processor if that Data Processor agrees to comply with those technical and organizational data security measures.

Maintaining data security means protecting the confidentiality, integrity and availability of your Personal Data:
(a) Confidentiality: we will protect your Personal Data from unwanted disclosure to third parties.
(b) Integrity: we will protect your Personal Data from being modified by unauthorized third parties.
(c) Availability: we will ensure that authorized parties are able to access your Personal Data when needed.

Our data security procedures include: access security, backup systems, monitoring, review and maintenance, management of security incidents and continuity, etc.

11. DISCLOSURE OF PERSONAL DATA

Depending on the purposes for which we collect your Personal Data, we may disclose it to the following categories of recipients, which will then process your Personal Data only within the framework of these purposes:

a) Within our organizations and our brand environment:
- Our authorized staff members;
- Our affiliates and subsidiary companies;
b) Other third parties:
- when required by law or as lawfully necessary to protect 2050 MATERIALS LIMITED:
- to comply with the law, requests from authorities, court orders, legal procedures, obligations related to the reporting and filing of information with authorities, etc.;
- to verify or enforce compliance with 2050 MATERIALS LIMITED policies and agreements; and
- to protect the rights, property or safety of 2050 MATERIALS LIMITED and/or its customers;
- in connection with corporate transactions: in the context of a transfer or divestiture of all or a portion of its business, or otherwise in connection with a merger, consolidation, change in control, reorganization or liquidation of all or part of 2050 MATERIALS LIMITED business.

- subject to a) your prior approval or b) profile settings, certain information about you will be disclosed to manufacturers who are also subscribers of 2050 Materials. The default setting position is set as acceptable.

Please be aware that third party recipients listed under points (b) and (c) above – especially service providers who may offer products and services to you through 2050 MATERIALS LIMITED services or applications or via their own channels – may separately collect Personal Data from you. In such case, these third parties are solely responsible for the control of such Personal Data and your dealings with them will fall under their terms and conditions.

12. USE OF SOCIAL MEDIA

If you use on a 2050 MATERIALS LIMITED tool (website, portal…) a specific login from a social media (for example, your Facebook account), 2050 MATERIALS LIMITED will record your Personal Data available on this social media and your use of such social media means that you have explicitly allowed the communication of your Personal Data recorded by 2050 MATERIALS LIMITED through its tool.

2050 MATERIALS LIMITED sometimes facilitates the publication of (personal) data via social media such as Twitter and Facebook. These social media have their own terms of use which you need to take into account when active on social media. We remind you that publication on social media may have certain consequences, including for your privacy or for the privacy of persons whose Personal Data you share, such as, for example, the impossibility to withdraw a publication within a short term. You are fully responsible for your publications. 2050 MATERIALS LIMITED will not have any responsibility and liability in this regard.

13. TRANSFERS OUTSIDE THE EEA

Your Personal Data may be transferred to recipients which may be outside the EEA and may be processed by us and these recipients outside the EEA. In connection with any transfer of your Personal Data to countries outside the EEA that do not generally offer the same level of data protection as in the EEA, 2050 MATERIALS LIMITED will implement appropriate specific measures to ensure an adequate level of protection of your Personal Data. These measures can for instance consist in agreeing with recipients on binding contractual clauses guaranteeing such adequate level of protection.

We will always clearly inform you whenever your Personal Data would be transferred outside the EEA. This information will be provided to you through a separate privacy notice which will, for example, be included in specific services (including communication services), electronic newsletters, reminders, surveys, offers, invitations for events, etc.

14. YOUR CHOICES AND YOUR RIGHTS

We want to be as transparent as possible with you, so that you can make meaningful choices about how you want us to use your Personal Data.

Your choices on how you want to be contacted

In this context, you can make a variety of choices about how you want to be contacted by us, through which channel (for example, email, mail, social media, phone…), for which purpose and how frequently, by adjusting the privacy setting on the relevant device or updating your user or account profile or by following the unsubscribe instructions included in the communication. Please note that by default, if you don’t make a choice, you will receive our promotional communications at the normal frequency of the publication involved.

Your Personal Data

You may always contact us at the Data Protection Contact Point (“Who can you contact in case you have questions or requests?”) to find out what Personal Data we have concerning you and its origin. Under certain conditions, you have the right to receive your Personal Data, which you have provided to us, in a commonly used, structured machine-readable format and to transmit your Personal Data to any third party of your choice.

Your corrections

If you find any mistake in your Personal Data or if you find it incomplete or incorrect, you may also require from us that we correct or complete it.

Your restrictions

You have the right to request a restriction on the Processing of your Personal Data (for example, while the accuracy of your Personal Data is being checked).

Your objections

You may also object to the use of your Personal Data for direct marketing purpose (if you prefer, you can also indicate to us through which channel and how frequently you prefer to be contacted by us) or to the sharing of your Personal Data with third party for the same purpose. You may withdraw your consent at any time to the continued Processing of the Personal Data that you have provided to us by contacting us at the Data Protection Contact Point (“Who can you contact in case you have questions or requests?”), except in some cases, for example, to prove a transaction or when required by law. Moreover, you may require us to erase any data concerning you (except in some cases, for example, to prove a transaction or when required by law).

Finally, please note that you have the right to file a complaint against the Data Controller with the relevant Data Protection Authority (“DPA”).

With respect to 2050 MATERIALS LIMITED (as Data Controller), the relevant DPA is the local Information Commissioner’s Office (1 Iasonos str., 1082 Nicosia, P.O. Box 23378, 1682 Nicosia, Tel: +357 22818456).

15. LEGAL INFORMATION

The requirements of this Policy supplement, and do not replace, any other requirements existing under applicable data protection law. In case of contradiction between what is written in this Policy and requirements in applicable data protection law, applicable data protection law will have priority.

2050 MATERIALS LIMITED may amend this Policy at any point in time. Where this happens, we will alert you of any changes and we will then ask you to re-read the most recent version of our Policy and to confirm your acceptance thereof.

16. DEFINITIONS

In this Policy, the following terms have the following meanings:

(a) Data Controller means the organization which determines the purposes for which, and the manner in which, your Personal Data is processed. Unless we inform you otherwise, the Data Controller is 2050 MATERIALS LIMITED, Chrysorrogiatissis & Kolokotroni, 3040 Limassol, Cyprus. Further information may be provided to you through a separate privacy notice which will, for example, be included in specific services (including communication services), electronic newsletters, reminders, surveys, offers, invitations for events, etc.

(b) Data Processor means the person or organization which processes your Personal Data on behalf of the Data Controller.

(c) Data Protection Contact Point means the contact point (i.e. a person appointed by 2050 MATERIALS LIMITED in the relevant jurisdiction) where you can address to the Data Controller your questions or requests regarding this Policy and/or (the Processing of) your Personal Data and which will handle such questions and requests. Unless we inform you otherwise, the Data Protection Contact Point can be reached as described in section “Who can you contact in case you have questions or requests?”).

(d) EEA means the European Economic Area (= member states of the European Union + Iceland, Norway, and Liechtenstein).

(e) Personal Data is any data relating to you directly or which allows your identification, such as, for example, your name, telephone number, email address, residential address, etc.

(f) Processing means the collection, accessing and all forms of use of your Personal Data.