dLocal Results Presentation Deck

Margins positively impacted by lower expatriation costs and growth in countries with higher margins Adjusted EBITDA¹ margin QoQ bridge (%) 32.3% Adjusted EBITDA margin 2Q23 1.8% Lower expatriation costs 0.1% Processing Hosting costs expenses -0.2% -0.3% Amort. of Tech & Dev. intangible ex. salaries assets -0.1% S&M ex. salaries 0.4% G&A ex. salaries -0.2% 0.2% 33.9% Salaries and Depreciation & amortization margin 3Q23 wages2 Adjusted EBITDA Note: 'dLocal has only one operating segment. 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. ²Salaries and wages exclude share-based payment non-cash charges as it is excluded from the Adjusted EBITDA calculation. See detailed methodology for Adjusted EBITDA and Adjusted EBITDA Margin in appendix. d. 16

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