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Vendit Co., Ltd. (“the Company”) complies with the Personal Information Protection Act and other related laws to protect the personal information of representatives and businesses managing accommodations (“Customers”). This Privacy Policy applies to the Vendit Channel Management System (“VCMS” or “the Solution”), including its online, mobile, and application-based services, and outlines how the Company collects, uses, and safeguards personal information.

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1. Purpose of Processing Personal Information and Items Collected

The Company processes personal information for the following purposes and collects the following items: Purpose of Processing • Providing, maintaining, and managing the Solution. • Membership registration and management. Personal Information Collected • Mandatory Information: • User ID, password • Business registration number, business name, address • Business type and category • Contact person’s name, email, and phone number • Digital certificate ID and password • OTA registration details

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2. Provision of Personal Information to Third Parties

The Company does not disclose personal information to third parties without prior consent unless: • It aligns with the original purpose of collection or customary business practices. • Necessary safety measures, such as pseudonymization or encryption, are in place.

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3. Retention and Usage Period of Personal Information

The Company retains personal information for the following periods: • Standard Retention: Up to five years after membership termination. • Legal Requirements: Certain data may be retained longer, as mandated by law. • Login records: 3 months • Communication records: 12 months

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4. Destruction of Personal Information

Personal information is destroyed promptly after the retention period expires or the purpose of processing is achieved. Destruction Procedure • Data is identified and approved for deletion by the Data Protection Officer. Destruction Methods • Printed data: Shredded or incinerated. • Electronic data: Irrevocably deleted using secure technical methods.

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5. Rights of Customers and How to Exercise Them

Customers have the right to: • Access, correct, delete, or restrict processing of their personal information. • Withdraw consent or terminate membership. Requests can be submitted via email, phone, or written communication to the Data Protection Officer. The Company will promptly address these requests.

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6. Use of Automated Information Collection Devices (Cookies)

The Company uses cookies to enhance user experience and optimize service delivery. Purpose of Cookies • Ensure secure and efficient service access. • Provide personalized experiences. Managing Cookies • Users can adjust browser settings to refuse or delete cookies. However, this may limit certain functionalities.

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7. Technical and Administrative Safeguards

To ensure the security of personal information, the Company implements: Technical Measures • Regular data backups and antivirus software. • Encryption for secure data transmission. • Firewalls and access control to prevent unauthorized access. Administrative Measures • Staff training on data protection policies. • Limiting access to authorized personnel only.

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8. Data Protection Officer

The Data Protection Officer oversees compliance with data protection laws and addresses customer inquiries. • Name: Eungyu Lee • Position: CTO, Development Team • Email: eungyu@vendit.co.kr/ • Phone: +82-1644-5442

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9. Personal Information Inquiries and Complaints

For concerns related to the handling of personal information or potential breaches, Customers may contact the Data Protection Officer. The Company will cooperate with investigations and strive for prompt resolution.

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10. Changes to the Privacy Policy

This Privacy Policy is effective as of June 1, 2023. Any updates, additions, or modifications will be announced in advance via the “Notices” section of the Company’s website.