Company: DLO
Filing Date: 2025-09-03
Form Type: 424B3
Source: 0000950103-25-011193
Chunk: 53

Company: dLocal Ltd
Filing Date: 2025-09-03
Form: 424B3
Chunk 53
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 B common shares.
Our free float consists of 95,161,055 of Class A common shares, which represents 57.8% of total Class A common shares and 11.7% of total
voting power. Subsequent to June 30, 2025, all shares in treasury were canceled.

Unless otherwise indicated below, the address
for each beneficial owner is c/o DLocal Limited, at Dr. Luis Bonavita 1294, Montevideo, Uruguay 11300.

<div align='center'>S-34</div>

|                                                |                               Shares 
 Beneficially Owned Prior to Offering |      |             |       |                                        % 
 of Total Voting Power Before Offering(1) |                 Shares 
 to be Sold in Offering |                                                                     Shares 
 Beneficially Owned After Offering Without Exercise of Underwriters’ Option |      |             |       |                                                                                % 
 of Total Voting Power After Offering Without Exercise of Underwriters’ Option(1) |                                                                       Shares 
 Beneficially Owned After Offering With Full Exercise of Underwriters’ Option |      |             |       |                                                                                  % 
 of Total Voting Power After Offering With Full Exercise of Underwriters’ Option(1) |
|                                                |                              Class A |      |     Class B |       |                                  Class A |                        |                                                                    Class B |      |     Class A |       |                                                                          Class B |                                                                              |      |             |       |                                                                                    |
|                                                |                               Shares |    % |      Shares |     % |                                   Shares |                      % |                                                                     Shares |    % |      Shares |     % |                                                                           Shares |                                                                            % |      |             |       |                                                                                    |
| 5%                                             
 Shareholders                                   |                                      |      |             |       |                                          |                        |                                                                            |      |             |       |                                                                                  |                                                                              |      |             |       |                                                                                    |
| General                                        
 Atlantic(2)                                    |                           63,906,695 | 38.8 |           — |     — |                                      7.9 |             15,000,000 |                                                                 48,906,695 | 29.7 |           — |     — |                                                                              6.0 |                                                                   46,656,695 | 28.3 |           — |     — |                                                                                5.8 |
| Sergio                                         
 Enrique Fogel Kaplan(3)                        |                            2,175,422 |  1.3 |  48,718,177 |  37.