dLocal Results Presentation Deck slide image

dLocal Results Presentation Deck

Strong cash generation from operating activities Consolidated cash reconciliation ($M) 518 Consolidated cash (1Q23 EOP) 54 Net income before taxes -3 Income tax paid +$141M -2 Increase in other assets +$32M 98 Change in trade receivables /payables -7 Other 659 -61 -48 Consolidated Share repurchase Investment in cash (SBB) Bonds before SBB & Bonds 549 Consolidated cash (2Q23 EOP) Ⓒ ● Strong FCF¹ (own-funds) generation: $83M in the first half of 2023 ($41M in 2Q23) Cash conversion² > 100% in the first half of 2023 Note: ¹FCF (own-funds) is calculated as profit before income tax less income tax paid, +/- non cash adjustments, +/- change in working capital (own) excluding movements in Other Assets +/- net collection of interest & financial expenses, less additions of property, plant and equipment and intangible assets. FCF excludes inflows & outflows due to movements in Other Assets, because these movements are expected to be non-recurring and temporary. 2Cash conversion is calculated as Free Cash Flow (own-funds) divided by net income
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