Company: DLO
Filing Date: 2025-09-03
Form Type: 424B3
Source: 0000950103-25-011193
Chunk: 108

Company: dLocal Ltd
Filing Date: 2025-09-03
Form: 424B3
Chunk 108
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 may also
be passed by a unanimous written resolution signed by all the shareholders of our Company, as permitted by the Companies Act and our Articles
of Association.

Pursuant to dLocal’s Articles of Association,
general meetings are to be chaired by the chairman of our board of directors or in his absence the vice-chairman of the board of directors.
If the chairman or vice-chairman of our board of directors is absent, the directors present at the meeting shall appoint one of them to
be chairman of the general meeting. If neither the chairman nor another director is present at the general meeting within 15 minutes after
the

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time appointed for holding the meeting, the shareholders
present in person or by proxy and entitled to vote may elect any one of the shareholders to be chairman. The order of business at each
meeting shall be determined by the chairman of the meeting, and he or she shall have the right and authority to prescribe such rules,
regulations and procedures and to do all such acts and things as are necessary or desirable for the proper conduct of the meeting, including,
without limitation, the establishment of procedures for the maintenance of order and safety, limitations on the time allotted to questions
or comments on the affairs of the Company, restrictions on entry to such meeting after the time prescribed for the commencement thereof,
and the opening and closing of the polls.

Liquidation Rights

If dLocal is voluntarily wound up, the liquidator,
after taking into account and giving effect to the rights of preferred and secured creditors and to any agreement between dLocal and any
creditors that the claims of such creditors shall be subordinated or otherwise deferred to the claims of any other creditors and to any
contractual rights of set-off or netting of claims between dLocal and any person or persons (including without limitation any bilateral
or any multi-lateral set-off or netting arrangements between the company and any person or persons) and subject to any agreement between
dLocal and any person or persons to waive or limit the same, shall apply dLocal’s property in satisfaction of its liabilities pari passu and subject thereto shall distribute the property amongst the shareholders according to their rights and interests in dLocal.

Changes to Capital

Pursuant to the Articles of Association, dLocal
may from time to time by ordinary resolution:

| · | increase its share capital by such sum, to be divided into shares of such amount, as the resolution shall prescribe; |

| · | consolidate and divide all or