Company: DLO
Filing Date: 2025-09-03
Form Type: 424B3
Source: 0000950103-25-011193
Chunk: 84

Company: dLocal Ltd
Filing Date: 2025-09-03
Form: 424B3
Chunk 84
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 or indirectly, in Japan or to or for the benefit of a resident of Japan,
except pursuant to an exemption from the registration requirements of, and otherwise in compliance with, the Financial Instruments and
Exchange Act and any other applicable laws, regulations and ministerial guidelines of Japan in effect at the relevant time.

Notice to Prospective Investors in Korea

The Class A common shares have not been and
will not be registered under the Financial Investments Services and Capital Markets Act of Korea and the decrees and regulations thereunder
(the “FSCMA”), and the Class A common shares have been and will be offered in Korea as a private placement under the
FSCMA. None of the Class A common shares may be offered, sold or delivered directly or indirectly, or offered or sold to any person
for re-offering or resale, directly or indirectly, in Korea or to any resident of Korea except pursuant to the applicable laws and regulations
of Korea, including the FSCMA and the Foreign Exchange Transaction Law of Korea and the decrees and regulations thereunder (the “FETL”).
Furthermore, the purchaser of the Class A common shares shall comply with all applicable regulatory requirements (including but not
limited to requirements under the FETL) in connection with the purchase of the Class A common shares. By the purchase of the Class A
common shares, the relevant holder thereof will be deemed to represent and warrant that if it is in Korea or is a resident of Korea, it
purchased the Class A common shares pursuant to the applicable laws and regulations of Korea.

Notice to Prospective Investors in Mexico

The shares have not been and will not be registered
with the Mexican National Securities Registry (Registro Nacional de Valores or the “RNV”) maintained by the Mexican
National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores, or the “CNBV”), and therefore,
may not be offered or sold publicly in Mexico or otherwise be subject to intermediation activities in Mexico, however, the shares may
only be offered and

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sold in Mexico on a private placement basis to investors
that qualify as institutional or qualified investors pursuant to the private placement exemption set forth in Article 8 of the Mexican
Securities Market Law (Ley del Mercado de Valores) and regulations thereunder. The information contained in this prospectus is
solely our responsibility and has not been reviewed or authorized by the CNBV and may not be publicly distributed in Mexico.