I believe it deletes it currently (though it may depend on server), but many have requested only removing location data (lens and copyright data is important for many photographers). I believe it's still being worked on.

A more concrete answer would be nice, in case I'm wrong 😅

You could try reaching out to the dev: https://kbin.social/u/dansup / https://kbin.social/u/@dansup@mastodon.social