dLocal Results Presentation Deck

d ■ Reconciliation of Profit to Adjusted EBITDA $ in thousands Profit for the period Income tax expense Other operating (gain)/loss Depreciation and amortization Secondary offering expenses¹ Transaction costs² Share-based payment charges Other charges, Net³ Adjusted EBITDA Three-month period ended March 31, 2022 26,273 1,213 1,723 89 2,034 1,524 32,856 2021 16,927 1,379 (2,896) 515 705 113 565 533 17,841 Note: Unaudited quarterly results. 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. 1 Corresponds to expenses assumed by dLocal in relation to secondary offerings of its shares. 2 Corresponds to costs related to the acquisition of assets of PrimeiroPay. 3 Corresponds to other minor adjustments (full reconciliation in financial statements) 18

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