Company: DLO
Filing Date: 2025-09-03
Form Type: F-3ASR
Source: 0000950103-25-011186
Chunk: 17

Company: dLocal Ltd
Filing Date: 2025-09-03
Form: F-3ASR
Chunk 17
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 shorter notice and in a manner deemed appropriate by those holders.

dLocal will give notice of each general meeting
by publication on its website and in any other manner that it may be required to follow in order to comply with Cayman Islands law, Nasdaq
and SEC requirements. The holders of registered shares may be given notice of a general meeting by means of letters sent to the addresses
of those shareholders as registered in our register of members, or, subject to certain statutory requirements, by electronic means.

Holders whose shares are registered in the name of The Depositary Trust Company, or DTC, or its nominee, which we expect will be the case for all holders of Class A common shares, will not be a shareholder or member of the company and must rely on the procedures of DTC regarding notice of general meetings and the exercise of rights of a holder of the Class A common shares.

A quorum for a general meeting consists of any
one or more persons holding or representing by proxy not less than one-third of the aggregate voting power of all shares in issue and
entitled to vote upon the business to be transacted.

A resolution put to a vote at a general meeting
shall be decided on a poll. An ordinary resolution to be passed by the shareholders at a general meeting requires the affirmative vote
of a simple majority of the votes cast by, or on behalf of, the shareholders entitled to vote, present in person or by proxy and voting
at the meeting. A special resolution requires the affirmative vote on a poll of no less than two-thirds of the votes cast by the shareholders
entitled to vote who are present in person or by proxy at a general meeting. Both ordinary resolutions and special resolutions may also
be passed by a unanimous written resolution signed by all the shareholders of our Company, as permitted by the Companies Act and our Articles
of Association.

Pursuant to dLocal’s Articles of Association,
general meetings are to be chaired by the chairman of our board of directors or in his absence the vice-chairman of the board of directors.
If the chairman or vice-chairman of our board of directors is absent, the directors present at the meeting shall appoint one of them to
be chairman of the general meeting. If neither the chairman nor another director is present at the general meeting within 15 minutes after
the

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time appointed for holding the meeting, the shareholders
present in person or by proxy and entitled to vote may elect any one of the shareholders to be chairman