Company: DLO
Filing Date: 2025-09-04
Form Type: 424B3
Source: 0000950103-25-011286
Chunk: 75

Company: dLocal Ltd
Filing Date: 2025-09-04
Form: 424B3
Chunk 75
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 Prospectus Regulation), 
 per Relevant Member State, subject to obtaining the prior consent of the representatives for any such offer; or           |

| · | in any other circumstances falling within Article 1(4) of the Prospectus Regulation, |

provided that no such offer of Class A common shares shall
result in a requirement for the Company or any underwriter to publish a prospectus pursuant to Article 3 of the Prospectus Regulation
or a supplemental prospectus pursuant to Article 23 of the Prospectus Regulation and each person who initially acquires any Class A
common shares or to whom any offer is made will be deemed to have represented, warranted and agreed to and with each of the underwriters
and the issuer that it is a qualified investor within the meaning of Article 2(e) of the Prospectus Regulation.

The Company, the underwriters and their affiliates
will rely upon the truth and accuracy of the foregoing representation, warranty and agreement.

For the purposes of this provision, the expression
an “offer to the public” in relation to any Class A common shares in any Relevant Member State means the communication
in any form and by any means of sufficient information on the terms of the offer and any Class A common shares to be offered so as
to enable an investor to decide to purchase or subscribe for any Class A common shares, and the expression “Prospectus Regulation”
means Regulation (EU) 2017/1129.

Notice to Prospective Investors in the United
Kingdom

An offer to the public of any Class A common
shares may not be made in the United Kingdom, except that an offer to the public in the United Kingdom of any Class A common shares
may be made at any time under the following exemptions under the UK Prospectus Regulation:

| · | to any legal entity which is a “qualified investor” as defined under the UK Prospectus Regulation; |

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| · | to fewer than 150 natural or legal persons (other than “qualified investors” as defined under the UK Prospectus Regulation), 
 subject to obtaining the prior consent of the representatives for any such offer; or                                         |

| · | in any other circumstances falling within section 86 of the Financial Services and Markets Act 2000 as amended, “FSMA”),                    
 provided that no such offer of Shares shall result in a requirement for the Company or any underwriter to publish a prospectus pursuant     
 to section 85 of the FSMA or a supplemental prospectus pursuant to