Company: DLO
Filing Date: 2025-09-04
Form Type: 424B3
Source: 0000950103-25-011286
Chunk: 105

Company: dLocal Ltd
Filing Date: 2025-09-04
Form: 424B3
Chunk 105
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 Act to call annual general meetings; however, the Articles of Association provide that in each year the company
will hold an annual general meeting, at a time determined by the board of directors, provided that the board of directors of dLocal has
the discretion whether or not to hold an annual general meeting. For the annual general meeting the agenda will include, among other things,
the presentation of the annual accounts and the report of the directors. In addition, the agenda for an annual general meeting will only
include such items as have been included therein by the board of directors.

Also, dLocal may, but is not required to (unless
required by the laws of the Cayman Islands), hold other extraordinary general meetings during the year. General meetings of shareholders
are generally expected to take place in Montevideo, Uruguay, but may be held elsewhere if the directors so decide.

The Companies Act provides shareholders a limited
right to request a general meeting, and does not provide shareholders with any right to put any proposal before a general meeting in default
of a company’s Articles of Association. However, these rights may be provided in a company’s Articles of Association. dLocal’s
Articles of Association provide that upon the requisition of one or more shareholders 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