Company: DLO
Filing Date: 2025-09-03
Form Type: F-3ASR
Source: 0000950103-25-011186
Chunk: 28

Company: dLocal Ltd
Filing Date: 2025-09-03
Form: F-3ASR
Chunk 28
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 has reasonable grounds for knowing or suspecting that another person is engaged in criminal conduct or money laundering,
or is involved with terrorism or terrorist property or proliferation financing or is the business combination partner of a financial sanction,
and the information for that knowledge or suspicion came to their attention in the course of business in the regulated sector, or other
trade, profession, business or employment, the person will be required to report such knowledge or suspicion to (i) the Financial
Reporting Authority of the Cayman Islands (“FRA”), pursuant to the Proceeds of Crime Act (As Revised) of the Cayman Islands,
if the disclosure relates to criminal conduct or money laundering, or (ii) a police officer of the rank of constable or higher, or
the FRA, pursuant to the Terrorism Act (As Revised) of the Cayman Islands, if the disclosure relates to involvement with terrorism or
terrorist financing and property. Such a report will not be treated as a breach of confidence or of any restriction upon the disclosure
of information imposed by any enactment or otherwise. We reserve the right to refuse to make any payment to a shareholder if our directors
or officers suspect or are advised that the payment to such shareholder might result in a breach of applicable anti-money laundering,
counter-terrorist financing, prevention of proliferation financing and financial sanctions or other laws or regulations by any person
in any relevant jurisdiction, or if such refusal is considered necessary or appropriate to ensure our compliance with any such laws or
regulations in any applicable jurisdiction.

Substantially all of our assets are located outside
the United States. In addition, all or a substantial portion of the assets of the members of our board of directors and of our officers
are located outside the United States. As a result, it may be difficult for investors to effect service of process within the United States
upon us or these persons, or to enforce against us or them judgments obtained in United States courts, including judgments predicated
upon the civil liability provisions of the securities laws of the United States or any state in the United States.

We have appointed Cogency Global Inc., with offices
at 122 E 42nd Street, 18th floor, New York, New York 10168, as our agent to receive service of process with respect to any action brought
against us in the United States under the federal securities laws of the United States or of any state in the United States arising out
of this offering.

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Notwithstanding the