PRIVACY POLICY

Please Read Carefully

Effective Date: 1st June 2026

1. INTRODUCTION

Collectra Tech Ltd (“Collectra”, “we”, “us” or “our”) has created this Privacy Policy to explain

how we collect, use, process, disclose, store and protect Personal Data in connection with our

business and services.

Collectra is a Nigerian company established, amongst other purposes, to provide debt recovery,

collection and receivables management services for individuals, businesses and organizations. Our

services may also include customer engagement, tracing, follow-up, verification, field support and

recovery support services in connection with lawful commercial transactions.

This Privacy Policy applies to Personal Data processed by Collectra in the course of providing our

services, including Personal Data relating to customers, clients, debtors, borrowers, guarantors,

referees, contact persons, representatives, agents, service providers and other individuals whose

information may be provided to or obtained by us in connection with our business activities.

Where Collectra processes Personal Data on behalf of a client, creditor, lender, financial

institution, business or other organization, such processing may be undertaken pursuant to the

instructions and lawful authority of that organization and in accordance with applicable data

protection laws.

By interacting with Collectra, providing Personal Data to us, communicating with us, or otherwise

using our services, you acknowledge that you have read and understood this Privacy Policy.

Where consent is the applicable lawful basis for processing, you may withdraw your consent at

any time, provided that Collectra is not otherwise permitted or required by law to continue

processing your Personal Data.

We may amend this Privacy Policy from time to time. Where material changes are made, we may

notify you by updating the effective date of this Privacy Policy and, where appropriate, by

providing additional notice through our website, electronic communications or other appropriate

means.

We encourage you to review this Privacy Policy periodically to remain informed about how we

handle Personal Data.

2. COLLECTION OF INFORMATION

We may collect and process the following categories of Personal Data:

A. Information provided directly by you

We may collect Personal Data that you provide to us when you:

- contact us by telephone, email, messaging platforms, website forms or other communication

channels;

- respond to our communications concerning a debt, receivable, account or other lawful

commercial obligation;

- provide information for the purpose of verifying your identity or contact details;

- make or discuss a payment or payment arrangement;

- submit a complaint, enquiry, request or other communication to us;

- interact with our employees, agents, field officers or authorized representatives; or

- otherwise voluntarily provide information to us.

B. Information received from our clients and business partners

In providing collection and recovery services, Collectra may receive Personal Data from clients,

creditors, lenders, businesses, organizations or other persons who lawfully engage us to provide

services.

Such information may include, where applicable:

- names and contact details;

- identification and verification information;

- account or customer reference information;

- information concerning outstanding debts, receivables or other financial obligations;

- transaction and payment information;

- details relating to guarantors, referees or authorized contacts;

- correspondence and records concerning the underlying obligation;

- information relevant to tracing and contacting the relevant person; and

- other information reasonably necessary for the performance of our contracted services.

C. Information obtained from other sources

In connection with lawful tracing, verification and recovery activities, we may obtain Personal

Data from publicly available sources, third-party databases, authorized service providers, business

partners, referees, guarantors, representatives or other lawful sources.

Where we receive Personal Data about you from another source, we may provide you with

appropriate information regarding the source and purpose of processing where required by

applicable law.

D. Information collected through our website, systems and communications

We may collect technical and usage information when you interact with our website, online

platforms, systems or electronic communications, including information concerning your device,

browser, IP address, usage activity and other technical information.

E. Information collected when you contact us

Where you contact Collectra by telephone, email, chat or other communication channels, we may

collect information relating to your communication, including the content and details necessary to

respond to your enquiry, complaint or request.

Where permitted by applicable law and necessary for legitimate business, quality assurance,

security or evidential purposes, communications may be recorded or otherwise documented.

3. USE OF PERSONAL DATA

Collectra may use Personal Data for the following purposes:

i. To provide, maintain and improve our debt recovery, collection, receivables management and

related services;

ii. To perform collection, recovery and receivables management activities on behalf of our clients

and authorized principals;

iii. To contact individuals in connection with lawful commercial obligations, outstanding debts,

receivables, payment arrangements or related matters;

iv. To trace and verify contact information and other relevant information for legitimate recovery

and verification purposes;

v. To verify identity and contact information and prevent fraud, impersonation and other unlawful

activities;

vi. To communicate with debtors, customers, guarantors, referees, representatives and other

relevant persons concerning the services we provide;

vii. To facilitate, record and administer payments, payment arrangements, settlements and other

recovery-related transactions;

viii. To maintain records relating to collection and recovery activities and provide reports, updates

and account information to our clients or authorized principals;

ix. To respond to comments, questions, complaints, enquiries and requests and provide customer

service;

x. To investigate and resolve disputes relating to accounts, payments, collection activities or our

services;

xi. To comply with applicable legal, regulatory, judicial, contractual and other lawful obligations;

xii. To cooperate with courts, law enforcement agencies, regulators, auditors, investigators and

other authorized persons where legally permitted or required;

xiii. To protect the rights, property, safety and security of Collectra, our clients, our employees,

agents, service providers and other persons;

xiv. To monitor, assess and improve the quality, effectiveness and security of our services and

recovery processes;

xv. To conduct internal audits, risk assessments, compliance reviews and investigations;

xvi. To maintain business and operational records;

xvii. To communicate administrative notices, service updates, security alerts and other relevant

information;

xviii. To establish, exercise or defend legal rights and claims;

xix. To link or combine information lawfully obtained from different sources where reasonably

necessary for the purposes for which the information is processed; and

xx. To carry out any other purpose for which the Personal Data was lawfully collected or for which

we have a valid lawful basis.

Collectra will process Personal Data in accordance with applicable data protection laws and will

not use Personal Data for purposes that are incompatible with the purpose for which it was

collected unless otherwise permitted by applicable law.

4. LEGAL BASIS FOR PROCESSING

Depending on the circumstances, Collectra may process Personal Data on one or more lawful bases

recognized under applicable data protection laws.

These may include:

- performance of a contract or steps taken at the request of a data subject before entering into a

contract;

- compliance with a legal or regulatory obligation;

- protection of the vital interests of an individual where applicable;

- performance of a task carried out in the public interest or in the exercise of official authority,

where applicable;

- legitimate interests pursued by Collectra, its clients or another authorized party, provided that

such interests are not overridden by the rights and freedoms of the Data Subject; and

- consent, where consent is required or relied upon as the lawful basis for processing.

Where Collectra processes Personal Data received from a client or principal for debt recovery or

receivables management purposes, the applicable lawful basis may arise from the underlying

relationship between that client and the relevant Data Subject, the client's legitimate interests,

contractual arrangements, legal obligations or another lawful basis recognised by applicable law.

5. DISCLOSURE OF INFORMATION

Collectra may disclose or provide access to Personal Data in the following circumstances:

A. Clients and authorized principals

We may disclose Personal Data to the client, creditor, lender, business or organization on whose

behalf we provide collection, recovery, tracing, verification or receivables management services.

B. Service providers and processors

We may provide Personal Data to trusted third-party service providers, contractors, technology

providers, consultants, field agents, tracing or verification service providers and other persons who

process Personal Data on our behalf or provide services necessary for our business.

We require such persons to process Personal Data only for authorized purposes and to maintain

appropriate confidentiality, security and data protection measures.

C. Professional advisers

We may disclose Personal Data to our lawyers, auditors, accountants, consultants, investigators or

other professional advisers where reasonably necessary for the provision of professional services

or the protection of our legitimate interests.

D. Courts, regulators and law enforcement

We may disclose Personal Data where required or permitted by law, regulation, court order, judicial

process or other lawful request, or where disclosure is reasonably necessary to cooperate with law

enforcement, regulatory authorities, investigators or other authorized bodies.

E. Legal proceedings and enforcement of rights

We may disclose Personal Data where reasonably necessary to establish, exercise or defend legal

rights, claims or proceedings.

F. Corporate transactions

In connection with an actual or proposed merger, acquisition, financing, restructuring, sale of

assets or other corporate transaction, Personal Data may be disclosed to relevant parties subject to

appropriate confidentiality and data protection safeguards.

G. With your consent or at your direction

We may disclose Personal Data where you have given appropriate consent or directed us to make

the disclosure.

H. Aggregated or anonymized information

We may use or disclose aggregated, anonymized or de-identified information that cannot

reasonably be used to identify an individual.

Where Collectra does not have a lawful basis for a particular disclosure, we will obtain consent

where required by applicable law.

6. TRACING, CONTACT AND RECOVERY ACTIVITIES

As part of our legitimate collection and recovery services, Collectra may contact individuals

concerning outstanding debts, receivables or other lawful commercial obligations.

Depending on the circumstances and information lawfully available to us, our recovery activities

may include:

- contacting you using contact details provided to us;

- verifying your identity and relevant contact information;

- tracing updated contact information where reasonably necessary;

- communicating concerning outstanding obligations;

- discussing payment arrangements or settlement options;

- conducting appropriate follow-up activities;

- providing account or recovery-related information to our client or authorized principal; and

- undertaking lawful field support or verification activities.

Collectra will conduct its collection and recovery activities in accordance with applicable laws and

will take reasonable steps to avoid unnecessary disclosure of Personal Data to persons who are not

authorized to receive it.

7. SECURITY

Collectra takes reasonable technical, organizational and administrative measures to protect

Personal Data against loss, theft, misuse, unauthorized access, disclosure, alteration, destruction

or other unlawful processing.

Our security measures may include:

- access controls limiting Personal Data to authorized personnel;

- confidentiality obligations applicable to personnel and service providers;

- appropriate physical and digital security measures;

- secure storage and transmission measures;

- encryption or other appropriate technical safeguards where applicable;

- monitoring and review of information security controls;

- internal policies and procedures for the protection of Personal Data; and

- continuous awareness and capacity-building for relevant personnel.

While we take reasonable steps to protect Personal Data, no method of electronic storage or

transmission can be guaranteed to be completely secure.

8. HOW LONG WE KEEP YOUR PERSONAL DATA

Collectra will retain Personal Data for only as long as reasonably necessary to fulfil the purpose

for which it was collected or processed, including the performance of our contractual obligations

and legitimate business activities.

We may retain Personal Data for longer where necessary to:

- comply with applicable legal or regulatory requirements;

- establish, exercise or defend legal claims;

- resolve disputes;

- maintain appropriate business and financial records;

- comply with contractual obligations; or

- protect the legitimate interests of Collectra or our clients.

When Personal Data is no longer required, it will be securely deleted, destroyed, anonymized or

otherwise disposed of in accordance with applicable laws and our applicable retention policies.

9. YOUR RIGHTS AS A DATA SUBJECT

Subject to applicable law and any lawful limitations, you may have the following rights in relation

to your Personal Data processed by Collectra:

RIGHT OF ACCESS

You may request access to the Personal Data we hold about you and request information regarding

how it is being processed.

RIGHT TO RECTIFICATION

You may request that inaccurate, incomplete or outdated Personal Data be corrected or updated.

RIGHT TO ERASURE

In certain circumstances, you may request that your Personal Data be erased from our records,

subject to circumstances where Collectra is legally entitled or required to retain the information.

RIGHT TO RESTRICT PROCESSING

In certain circumstances, you may request that the processing of your Personal Data be restricted.

RIGHT TO DATA PORTABILITY

Where applicable, you may request that your Personal Data be provided in a structured, commonly

used and machine-readable format or transmitted to another organization, subject to applicable

legal requirements.

RIGHT TO OBJECT

You may have the right to object to certain processing of your Personal Data, including processing

based on legitimate interests, subject to applicable law.

RIGHT TO WITHDRAW CONSENT

Where Collectra relies on your consent as the lawful basis for processing, you may withdraw your

consent at any time. Withdrawal of consent will not affect the lawfulness of processing carried out

before the withdrawal.

RIGHT TO LODGE A COMPLAINT

You may lodge a complaint concerning the processing of your Personal Data with the Nigeria Data

Protection Commission (“NDPC”) where you believe your rights have been infringed.

The NDPC provides information regarding Data Subject rights and data protection requirements

through its official channels.

If you wish to exercise any of your rights or raise a privacy concern, please contact Collectra using

the contact details provided in Section 12 of this Privacy Policy.

10. BREACH / PRIVACY VIOLATION

In the event of a personal data breach involving the accidental or unlawful destruction, loss,

alteration, unauthorized disclosure of, or access to Personal Data, Collectra will take appropriate

steps to contain, investigate, assess and remedy the breach.

Where notification to the Nigeria Data Protection Commission or any other competent authority

is required under applicable law, Collectra will make such notification within the applicable

statutory timeframe.

Where a breach is likely to result in a high risk to the rights and freedoms of affected Data Subjects,

Collectra will take appropriate steps to notify affected Data Subjects in accordance with applicable

law.

Collectra will also maintain appropriate records of personal data breaches and take reasonable

steps to prevent recurrence.

11. CONTACT US / DATA PROTECTION OFFICER

If you have any questions regarding this Privacy Policy, wish to exercise your rights as a Data

Subject, or wish to make a complaint concerning the processing of your Personal Data, please

contact:

Collectra Tech Ltd

Data Protection Officer: Peace Ufoh

Email: peace.ufoh@collectra.ng

We will take reasonable steps to respond to requests and complaints within the timeframes

prescribed by applicable law.

12. GOVERNING DATA PROTECTION LAWS

Collectra is based in Nigeria and the Personal Data we process is subject to applicable Nigerian

data protection laws, including the Nigeria Data Protection Act (NDPA) and applicable regulations,

guidelines, codes and other requirements issued by the Nigeria Data Protection Commission.

Where applicable, Collectra will also comply with other data protection or privacy laws that may

apply to a particular processing activity.

13. UPDATES TO THIS PRIVACY POLICY

Collectra may review and update this Privacy Policy periodically to reflect changes in our business

activities, technology, applicable laws, regulatory requirements or data processing practices.

Where material changes are made, we will update the Effective Date appearing at the beginning

of this Privacy Policy and may provide additional notice where appropriate.