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 Secondary offering expenses¹ Impairment loss / (gain) on financial assets Inflation adjustment Other non-recurring costs² Adjusted EBITDA Three months ended 31 of March 2023 2022 35,450 26,273 4,281 1,213 2,515 1,723 (1,391) 1,293 2,329 2,034 89 (75) 306 51 1,019 1,229 45,483 32,856 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 r 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. ¹Corresponds to expenses assumed by dLocal in relation to secondary offerings of its shares which occurred in 2021. 2 It includes non-recurring costs related to an internal review of the allegations made by a short-seller report, including fees from independent counsel, independent global expert services and forensic accounting advisory firm. d. 27

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