In Germany we have a new law that is rather strict when it comes to the collection of user data. Could you tell me which widgets/Settings in your theme collect user data?
Example: The Links to the social media pages, are they really just links in image form or does the page collect ISP numbers of the people who click on the link?
The theme does not collect any kind of data nor does it monitor what visitors view or click on the frontend (repository themes are not allowed to include such functionality, as this would be considered plugin territory anyway and is not accepted by the guidelines).
Any information entered in the settings fields is simply displayed as-is on the site frontend.