dLocal Results Presentation Deck

Adjusted EBITDA Reconciliation of Profit to Adjusted EBITDA $ in thousands Profit for the period Income tax expense Depreciation and amortization Finance income and costs, net Share-based payment non-cash charges Other operating (gain)/loss Impairment loss/ (gain) on financial assets Inflation adjustment Adjusted EBITDA 3Q22 32,338 2,287 2,110 2,479 1,599 706 (24) 127 41,622 2Q23 44,791 8,774 2,869 (7,459) 1,421 (21) 1,661 52,036 3Q23 40,364 8,897 3,237 (1,548) 3,322 (2,508) 3,817 55,581 Note: Although Adjusted EBITDA and Adjusted EBITDA Margin may be commonly viewed as non-IFRS measures in other contexts, pursuant to IFRS 8, Adjusted EBITDA and Adjusted EBITDA Margin are treated by dLocal as IFRS measures based on the manner in which dLocal utilizes these measures. Adjusted EBITDA as used by dLocal is defined as the profit from operations before financing and taxation for the year or period, as applicable, before depreciation of property, plant and equipment, amortization of right-of-use assets and intangible assets, and further excluding the changes in fair value of financial assets and derivative instruments carried at fair value through profit or loss, impairment gains/(losses) on financial assets, transaction costs, share-based payment non-cash charges, secondary offering expenses, transaction expenses and inflation adjustment. Unaudited quarterly results. d. 27

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