dLocal Results Presentation Deck

Revenue Top 10 merchant revenue¹ ($M) and concentration (%) 52 2Q22 51% 59 3Q22 53% 65 4Q22 55% 80 1Q23 58% 94 2Q23 59% Revenue composition ($M) 148% NRR² 101 2Q22 49 Existing Merchants 11 New Merchants 161 2Q23 Note: 'Top 10 merchants may vary from period to period. 2"NRR" means Net Revenue Retention rate, which is the U.S. dollar-based measure of retention and growth of our merchants. We calculate the NRR of a period by dividing the Current Period Revenue by the Prior Period Revenue. The Prior Period Revenue is the revenue billed by us to all our customers in the prior period. The Current Period Revenue is the revenue billed by us in the current period to the same customers included in the Prior Period Revenue. Current Period Revenue includes any upsells and cross sells of products, geographies, and payment methods to such merchant customers, and is net of any contractions or attrition, but excludes revenue from new customers onboarded in the last 12 months. Unaudited quarterly results. d. 24

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