dLocal Results Presentation Deck

Quarterly cash generation affected by working capital impact on merchants funds fluctuations; own funds cash conversion remains >100% Consolidated cash reconciliation ($M) Own funds 549 Merchants 373 funds 177 Consolidated cash (2Q23 EoP) 49 Net income before taxes -2 Income tax paid +$2M 20 Decrease in other assets -$51M -61 Shorter settlement periods for certain merchants + impact of repatriating funds in Argentina that were outstanding Change in trade receivables /payables -4 Other 552 306 245 Consolidated cash before Bonds -54 Investment in Bonds 498 306 192 Consolidated cash (3Q23 EoP) Ⓒ • Strong FCF¹ (own-funds) generation of $45M in 3Q23 • Own funds cash conversion² prior to purchase of Argentine bond> 100% Note: ¹FCF (own-funds) is calculated as profit before income tax less income tax paid, +/- non cash adjustments, +/- change in working capital (own) excluding movements in Other Assets +/- net collection of interest & financial expenses, less additions of property, plant and equipment and intangible assets. FCF excludes inflows & outflows due to movements in Other Assets, because these movements are expected to be non-recurring and temporary. 2Cash conversion is calculated as Free Cash Flow (own-funds) divided by net income

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