PRÓSPERA PRIVACY POLICY

1. Introduction.

• (a)Website Licensee.

  The licensees of this Website (“Website”) include Honduras Próspera Inc., a Delaware corporation (formerly known as Honduras Próspera LLC) (USA) (“HPI”), Próspera Foundation, S.A. (formerly known as North Bay Foundation, S.A.), a Honduran corporation, (“PF”), North Bay GSP LLC, a Wyoming limited liability company (USA) (“GSPUSA”), North Bay GSP, Inc., a Próspera ZEDE for profit corporation (HN) (“GSP”)), Prospera Insurance Association LLC, a Wyoming limited liability company (USA) (“PIAUSA”), Próspera Insurance Association LLC, a Próspera ZEDE limited liability Company (HN) (“PIA”), Prospera Insurance Company LLC, a Wyoming limited liability company (USA) (“PICUSA”), Próspera Insurance Company LLC, a Próspera ZEDE limited liability company (HN) (“PIC”), Próspera Arbitration Center LLC, a Texas limited liability company (USA) (“PAC”), NeWay Capital LLC, a Wyoming limited liability company (USA) (“NC”), Próspera ZEDE (formerly known as ZEDE of North Bay), a ZEDE special regime previously organized under Honduran law (“PZ”), and Próspera Trust (formerly known as the ZEDE of North Bay Trust), a Próspera ZEDE statutory trust for financial transactions of the PZ (“PT”) (collectively all of the foregoing are “Licensee”). PZ, GSP, PT, PIA, and PIC reserve and maintain the position that their authorities continue under Article 10.4 of CAFTA-DR, and Article 16.4 of the Agreement for the Promotion and Reciprocal Protection of Investments between Honduras and Kuwait. As the designated principal of this Website, the PF can be contacted by mail at c/o Sole Administrator, Beta Building, Oficina Modulo 1, St. John’s Bay, Próspera ZEDE, Island of Roatan, Bay Islands, Republic of Honduras 34101, by phone at +504 9496-7194, or by e-mail at legal@prospera.hn. This online Privacy Policy discloses Licensee information practices for this Website, including what type of personal identifiable information is requested in order to pay fees, how the information is used, and with whom the information is shared. Note that other Websites may be governed by Privacy Policies containing different information practices applicable to those sites. Reference to any of the foregoing licensees include all of their respective agents, employees, officers, directors, owners, shareholders and affiliates by majority ownership, control or contract.

• (b)Website Visits.

  Each Licensee may collect and share between and among them (the “Licensee”) information from Website visitors and users in accordance with Applicable Law (as defined in the Próspera Terms of Service). This includes, but is not limited to, the home server domain name, e-mail address, type of computer and web browser, what pages visitor accessed, and limited information about search requests, as well as the Personal Information discussed below. This information is used to solve technical problems, background checks, optimization of governance, updating and improving website and software, technical problems, furnish governance services, economic development, business promotion and development, law enforcement, contract enforcement, and to calculate overall usage statistics.

• (c)Website Transactions.

  At times, Licensee will need personal information defined below (“Personal Information”) regarding a user (including actual or prospective Residents, e-Residents, and visitors) (“User”). For example, to process an order or provide access to e-governance services, Licensee may need to know a User’s name, mailing address, e-mail address and credit card details.

2. Personal Information That May Be Collected.

• (a)Identifying Information.

  In order to pay fees for and/or access designated e- governance services and/or restricted areas within the Website, any of Licensee may request a user to provide certain personal identifying information, which may include: legal name, postal address, e-mail address, screen name, password, telephone number, facsimile number, method of payment, and, if applicable, credit card number, and any other information to collection and storage of which the Registry Laws authorize.

• (b)Service Quality Monitoring.

  Some Website transactions may require a User to telephone or email one or more entities among Licensee, or for such entity to call or email the User. User should be aware that it is Licensee’s practice to monitor, and in some cases record such calls for staff training or quality assurance purposes.

• (c)Information from Children.

  Licensee does not collect or maintain information from users actually known to be under the age of 13 except in connection with a residency application by such child’s parent or guardian or for law enforcement or contract enforcement purposes, and no part of this or other Websites are structured to attract anyone under the age of 13.

• (d)Lost or Stolen Information.

  Help keep your Personal Information accurate. If a User’s Personal Information has changed, please e-mail the new information to PF at the e-mail address shown in Paragraph 1(a) . If a User would like to review the Personal Information Licensee has in its files regarding the User, e-mail your request to PF.

• (e)Chat Rooms, Forums and Bulletin Boards.

  If User participates in a chat room, discussion forum, or posts messages to a bulletin board, User should be aware that the information disclosed and shared will be broadly available to other persons, who have access to that chat room, forum or bulletin board. Some individual chat rooms, forums or bulletin boards have additional rules and conditions regarding participation. Also, participant’s expressed opinion is his or her own and should not be considered as reflecting the opinion of any of the Licensee.

• (f)Links to Other Websites.

  A Website may contain links to other websites. None of the Licensee are responsible for the privacy practices or the content of those other Websites by virtue of your use of this Website.

3. Uses Made of the Information.

• (a)Limited Uses Identified.

  Personal information collected by Licensee will be used by Licensee for the following purposes: solving technical problems, securing background checks, optimization of governance, updating and improving website and software, technical problems, furnish governance services, economic development, business promotion and development, law enforcement, contract enforcement, and to calculate overall usage statistics.

• (b)Marketing Uses.

  Licensee reserves the right to provide User with information about the Website, as well as other products and services, and related information in which User has indicated an interest through email, phone, mail or any other medium of communication.

• (c)Stored Information Uses.

  Licensee may store and retain the information provided by User. Stored information is used by Licensee for the following purposes: solving technical problems, securing background checks, optimization of governance, updating and improving website and software, technical problems, furnish governance services, economic development, business promotion and development, law enforcement, contract enforcement, and to calculate overall usage statistics.

• (d)Online Advertising.

  Some companies that help Licensee deliver interactive on-line advertising, such as banner ads, may collect and use information about Users for the following purposes: solving technical problems, securing background checks, optimization of governance, updating and improving website and software, technical problems, furnish governance services, economic development, business promotion and development, law enforcement, contract enforcement, and to calculate overall usage statistics.

4. Disclosure of the Information.

• (a)Among Licensee.

  Each of Licensee retains the services of multinational organizations, which may involve legal entities, business processes, management structures, and technical systems that cross both jurisdictional and national borders. Each Licensee may share your Personal Information among each other Licensee, and may transfer the information to countries in the world where Licensee affiliates conduct business. Some countries and jurisdictions may provide less legal protection for User Personal Information than others. In such countries and jurisdictions, Licensee will still handle User Personal Information in the manner described herein.

• (b)Resource and Asset Sharing.

  For the purpose of implement, developing and expanding its jurisdiction and network, Licensee may share, rent, sell or buy various assets. In such transactions, User information can be one of the transferred assets.

• (c)Agents.

  Licensee employs or engages other companies and individuals to perform business and/or governmental functions. These persons are provided with personal identifying information required to perform their functions, but are prohibited by contract from using the information for other purposes.

• (d)Affiliated Agencies and Businesses.

  Licensee works closely with affiliated governmental institutions, agencies and independent businesses. User information related to a transaction with an affiliated business is shared with that affiliated business.

• (e)Marketing Analysis by Third Parties.

  Licensee reserves the right to disclose to third parties Personal Information about Users for marketing analysis; however, any information disclosed will be in the form of aggregate data that does not describe or identify an individual User.

• (f)Disclosure to Governmental Authorities.

  One or all of Licensee releases personal identifying information when it is believed such release is appropriate to comply with law, to enforce contracts, or to protect the rights, property or safety of Users. Licensee may also release such information in an exchange of information with other companies and/or organizations for the purposes of fraud protection and credit risk reduction.

5. Use of Computer Tracking Technologies.

• (a)Use of Cookies.

  A cookie is a small amount of data that is sent to User’s browser from a Web server and is stored on the computer’s hard drive. Any of Licensee may use non-identifying cookies to provide easier site navigation. Licensee’s Website(s) can still be used if User’s browser is set to reject cookies. Licensee’s cookies do not generate personal data, do not read personal data from your machine and are never tied to anything that could be used to identify you.

• (b)Use of Web Beacon Technologies.

  Any of Licensee may also use Web beacon or other technologies to better tailor its Website(s) to provide better User service. If these technologies are in use, when a visitor accesses these pages of the Website, a non- identifiable notice of that visit is generated which may be processed by any of Licensee. Web beacons usually work in conjunction with cookies. If User does not want cookie information to be associated with User’s visits to these pages, User can set its browser to turn off cookies; however, Web beacon and other technologies will still detect visits to these pages, but the notices they generate cannot be associated with other non-identifiable cookie information and are disregarded.

• (c)Collection of Non-Identifiable Information.

  Licensee may collect non-identifiable information from user visits to the Website(s) in order to provide better User service. Examples of such collecting include: traffic analysis, such as tracking of the domains from which users visit, or tracking numbers of visitors; measuring visitor activity on Website(s); Website and system administration; user analysis; and business decision making. Such information is sometimes known as “clickstream data.” Licensee, or its contractors, may use this data to analyze trends and statistics.

• (d)Collection of Personal Information.

  Licensee collects personal identifying information from User during a transaction.

6. Information Security.

• (a)Online Security.

  Licensee intends to protect User Personal Information and to maintain its quality. To achieve information security and quality, Licensee may implement appropriate measures and processes, such as using encryption when transmitting certain sensitive information.

• (b)No Liability for Acts of Third Parties.

  The Licensee shall not be liable for unauthorized disclosure of Personal Information including, but not limited to, errors in transmission and unauthorized acts of Licensee staff and third parties.

7. Privacy Policy Changes and Opt-Out Rights.

• (a)Changes to Privacy Policy.

  This Privacy Policy was last updated on or about October 10, 2024. Licensee reserves the right to change this privacy policy statement at any time. A notice of any material change will be posted on the Website on page for ten (10) days prior to the implementation of such change.

• (b)Opt-Out Right.

  If User has not become a Resident, e-Resident or contractual visiting permittee, User has the right at any time to cease permitting Personal Information to be collected, used or disclosed by Licensee, and/or by any third parties with whom any of the Licensee has shared and/or transferred such Personal Information. Right of cancellation may be exercised by contacting PF via e-mail at legal@prospera.hn, telephone or postal mail. After processing the cancellation, Licensee will delete or cause the deletion of User or prospective User’s Personal Information from their database(s) unless they have a law enforcement or contract enforcement basis to retain such information.

8. Access Rights to Data.

• (a)Information Maintained by Licensee.

  Upon User’s request, Licensee will provide a reasonable description of User’s personally identifiable information that Licensee maintains subject to law enforcement considerations. PF, as principal of Licensee, can be contacted by e-mail at legal@prospera.hn, telephone at +504 9496-7194, or postal mail at c/o Próspera Foundation, S.A., Beta Building, Oficina Modulo 1, St. John’s Bay, Próspera ZEDE, Island of Roatan, Bay Islands, Republic of Honduras 34101.

• (b)Corrections and Changes to Personal Information.

  If User’s Personal Information changes, or if User notes an error upon review of User information that Licensee has on file, please promptly e-mail PF and provide the new or correct information.

9. Accountability.

• (a)Questions, Problems and Complaints.

  If you have a question about this policy statement, or a complaint about Licensee compliance with this privacy policy, you may contact PF by e-mail at legal@prospera.hn.

• (b)Terms of Service.

  If User chooses to access the Website or pay for e-governance services, User’s action is hereby deemed acceptance of the terms and conditions of this Privacy Policy and Licensee practices described in this policy statement. The Próspera Terms of Service are also incorporated herein by reference and are controlling. Any dispute over privacy between User and any of the Licensee is subject to the provisions of this notice and to the Próspera Terms of Service.

10. Limitation of Liability/Dispute Resolution.

• (a)

  This Privacy Policy shall be governed by the Applicable Law of the Próspera Terms of Service.

• (b)

  None of the Licensee shall be liable for damages of any kind, whether as a result of a loss by the User of present or prospective profits, anticipated sales, expenditures, investments, commitments made in connection with this Privacy Policy, or on account of any other reason or cause whatsoever in any way related to using the Website.

• (c)

  Any dispute arising under and in connection with this Privacy Policy, shall be brought exclusively to the PAC or the International Centre for Dispute Resolution of the American Arbitration Association, in accordance with their respective binding private mediation rules, as amended from time to time.

11. Relationship to Other Agreements.

• (a)

  Nothing in this Privacy Policy shall be construed to override or modify any Agreement of Coexistence (Resident or e-Resident) binding the User.

• (b)

  An Agreement of Coexistence and any related side letter binding User, if any, shall control this Privacy Policy in the event of any conflict between the two.

• (c)

  The Próspera Terms of Service shall control this Privacy Policy in the event of any conflict between the two.

• (d)

  This Privacy Policy may be translated into Spanish and other languages; however, the English version of this Privacy Policy shall be controlling.

12. Special Considerations for U.S. and E.U. Visitors.

• (a)

  EUROPEAN VISITORS: Please exercise your rights under the General Data Protection Regulation (GDPR) by first calling the Licensee’s General Counsel at 1- 602-228-2582 (ask for Nicholas C. Dranias) so that we are able to process your inquiry properly. Also, feel free to contact supervisory authorities within the EEA, including in your own Member State, about concerns you have related to our privacy practices. We recommend contacting the Dutch Data Protection Authority, also known as the Autoriteit Persoonsgegevens. Further: (i) Licensee complies with all GDPR requirements for the Personal Information that it processes (although when acting in a governmental capacity, Licensee claims certain jurisdictional exemptions, exclusions, and immunities from the same under international law); (ii) this Privacy Policy sets out how we handle Personal Information and our legal basis for doing so. You have the following rights under the GDPR (subject to the aforesaid jurisdictional exemptions, exclusions, and immunities, as well as the express terms and conditions of this Privacy Policy): (1) The right of access to Personal Information; (2) The right to rectification or correction of any errors in Personal Information; (3) The right to request deletion of Personal Information; (4) The right to restrict or object to the processing of Personal Information; (5) The right to withdraw consent to the processing of Personal Information; (6) The right of portability in Personal Information; and (7) The right to lodge a complaint with a supervisory authority.

• (b)

  UNITED STATES VISITORS: Federal or state law may require the following additional policies; to the extent not inconsistent with Applicable Law and an Agreement of Coexistence, Licensee agrees to the following:

  • (i)

    CalOPPA (California Online Privacy Protection Act):

    • (1)

      Users can visit our site anonymously.

    • (2)

      Users will be notified of any privacy policy changes on our Privacy Policy Page.

    • (3)

      Users are able to change their Personal Information: By calling or emailing us.

    • (4)

      Licensee honors do not track signals and do not track, plant cookies, or use advertising when a Do Not Track (DNT) browser mechanism is in place. However, we cannot control the policies of our third party hosting services.

    • (5)

      Licensee allows third-party behavioral tracking.

  • (ii)

    COPPA (Children Online Privacy Protection Act) Licensee will comply with the U.S. Federal Trade Commission’s COPPA Rule, which spells out what operators of websites and online services must do to protect children’s privacy and safety online. We do not specifically market to children under 13.

  • (iii)

    CAN SPAM Act

    • (A)

      Licensee will comply with the U.S. CAN SPAM Act.

    • (B)

      Licensee may collect your email address in order to:

      • •

        Send information, respond to inquiries, and/or other requests or questions.

      • •

        Process requests services and to send information and updates pertaining to orders.

      • •

        Send Users additional information related to our services.

      • •

        Market to our mailing list or continue to send emails to Users after the original transaction has occurred.

    • (C)

      Licensee will NOT use false or misleading subjects or email addresses.

    • (D)

      Licensee will identify the message as an advertisement in some reasonable way.

    • (E)

      Licensee will include the physical address of our business or site headquarters.

    • (F)

      Licensee will monitor third-party email marketing services for compliance, if one is used.

    • (G)

      Licensee will honor opt-out/unsubscribe requests quickly.

    • (H)

      Licensee will allow Users to unsubscribe by using the link at the bottom of each email.

    • (I)

      If at any time you would like to unsubscribe from receiving future emails, you can email us at privacy@prospera.hn and we will promptly remove you from ALL correspondence.

• (c)

  Privacy Officer for All Privacy Questions

  General Counsel

  Email: privacy@prospera.hn

  1-602-228-2582

  Beta Building, Oficina Modulo 1, St. John’s Bay, Próspera ZEDE, Roatán, Islas de Bahia, Honduras