dLocal Results Presentation Deck

Adjusted Net Income Reconciliation of Profit to Adjusted Net Income $ in thousands Profit for the period Share-based payment non-cash charges Other operating (gain)/loss Impairment loss / (gain) on financial assets Inflation adjustment Fair value (loss) / gains of financial assets at FVTPL Exchange difference - intercompany loan in USD Income tax adjustments Adjusted Net Income 3Q22 32,338 1,599 706 (24) 127 56 34,802 2Q23 44,791 1,421 (21) 1,661 (3,565) 1,815 (613) 45,489 3Q23 40,364 3,322 (2,508) 3,817 (24,232) 27,351 1,092 49,206 Note: Adjusted Net Income is a non-IFRS financial measure. As used by dLocal Adjusted net income is defined as the profit for the period (net income) excluding impairment gains/(losses) on financial assets, transaction costs, share-based payment non-cash charges, secondary offering expenses, and other operating (gain)/loss, in line with our Adjusted EBITDA calculation (see detailed methodology for Adjusted EBITDA in page 9). It further excludes the accounting non-cash charges related to the fair value gain from the Argentine dollar-linked bonds and the exchange difference loss from the intercompany loan denominated in USD that we granted to our Argentine subsidiary to purchase the bonds. In addition, it excludes the inflation adjustment based on IFRS rules for hyperinflationary economies. We believe Adjusted Net Income is a useful measure for understanding our results for operations while excluding for certain non-cash effects such as currency devaluation and inflation. Our calculation for Adjusted Net Income may differ from similarly-titled measures presented by other companies and should not be considered in isolation or as a replacement for our measure of profit for the period as presented in accordance with IFRS. Unaudited quarterly results. d. 28

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