Company: DLO
Filing Date: 2025-09-03
Form Type: 424B3
Source: 0000950103-25-011193
Chunk: 107

Company: dLocal Ltd
Filing Date: 2025-09-03
Form: 424B3
Chunk 107
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 representing not less than one-third of the voting
rights entitled to vote at general meetings, the board will convene an extraordinary general meeting and put the resolutions so requisitioned
to a vote at such meeting. The Articles of Association provide no other right to put any proposals before annual general meetings or extraordinary
general meetings.

Subject to regulatory requirements, the annual
general meeting and any extraordinary general meetings must be called by not less than five (5) clear days’ notice prior to the
relevant general meeting and convened by a notice discussed below. Alternatively, upon the prior consent of all holders entitled to receive
notice, with regards to the annual general meeting, and the holders of 95% in par value of the shares entitled to attend and vote at an
extraordinary general meeting, that meeting may be convened by a 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