Guilherme Grespan

Neha Agarwala

James Friedman

Jinli Chan

John Coffey

Tito Labarta

Beatriz Bomfim de Abreu

Cassie Chan

Daer Labarta

Jamie Friedman

Jorge Kuri

Matt Coad

- **DLocal Limited** announced the commencement of an underwritten registered **secondary offering** of Class A common shares.  **[1846832_0000950103-25-011217_dp233930_ex9901.htm:0]** 
- The offering involves **15,000,000 Class A common shares** being sold by an entity associated with **General Atlantic**.  **[1846832_0000950103-25-011217_dp233930_ex9901.htm:0]** 
- **DLocal Limited** is **not selling any shares** in this offering and **will not receive any proceeds** from it.  **[1846832_0000950103-25-011217_dp233930_ex9901.htm:0]** 
- The Selling Shareholder plans to grant the underwriters a **30-day option to purchase up to an additional 2,250,000 Class A common shares**.  **[1846832_0000950103-25-011217_dp233930_ex9901.htm:0]** 
- The underwriting group is led by J.P. Morgan, Goldman Sachs & Co. LLC, and Morgan Stanley, with BTG Pactual and Citigroup also acting as joint bookrunners.  **[1846832_0000950103-25-011217_dp233930_ex9901.htm:0]**

DLocal Announces Secondary Offering

- dLocal Ltd. reported **revenues** of US$**473.2 million**, a **33.0%** increase, and **profit for the period** of US$**89.5 million**, a **39.9%** increase, for the six-month period ended June 30, 2025, compared to the same period in 2024.  **[1846832_0000950103-25-011181_dp233832_ex9901.htm:9]** **[1846832_0000950103-25-011181_dp233832_ex9901.htm:11]** 
- **Total Payments Volume (TPV)** grew **53%** year-over-year to US$**17.3 billion**, and **Adjusted EBITDA** reached US$**128.0 million** with an **Adjusted EBITDA Margin** of **27.0%** for the six-month period ended June 30, 2025.  **[1846832_0000950103-25-011181_dp233832_ex9901.htm:1]** **[1846832_0000950103-25-011181_dp233832_ex9901.htm:3]** 
- As of June 30, 2025, the company held US$**476.9 million** in **cash and cash equivalents**.  **[1846832_0000950103-25-011181_dp233832_ex9901.htm:11]** 
- Recent developments include the intention to acquire AZA Finance, involving a US$**23.2 million** credit facility, which may be restructured due to a third-party complaint.  **[1846832_0000950103-25-011181_dp233832_ex9901.htm:14]**  The company is also considering legal action against a third-party payment processor for a failed US$**8.3 million** installment payment due on June 30, 2025.  **[1846832_0000950103-25-011181_dp233832_ex9901.htm:14]**

dLocal Ltd. Reports Strong Financial Performance for Six-Month Period Ended June 30, 2025

dLocal (DLO)