Company: DLO
Filing Date: 2025-09-04
Form Type: 424B3
Source: 0000950103-25-011286
Chunk: 104

Company: dLocal Ltd
Filing Date: 2025-09-04
Form: 424B3
Chunk 104
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on (whether or not dLocal is the surviving entity), the holders
of Class A common shares shall have the right to receive, or the right to elect to receive, at least the same form of consideration as
the holders of Class B common shares, and the holders of Class A common shares shall have the right to receive, or the right to elect
to receive, the same amount of consideration on a per share basis as the holders of Class B common shares. In the event of any (1) tender
or exchange offer to acquire any Class A common shares or Class B common shares by any third party pursuant to an agreement to which dLocal
is a party, or (2) tender or exchange offer by dLocal to acquire any Class A common shares or Class B common shares, the holders of Class
A common shares shall have the right to receive, or the right to elect to receive, the same form of consideration as the holders of Class
B common shares, and the holders of Class A common shares shall have the right to receive, or the right to elect to receive, the same
amount of consideration on a per share basis as the holders of Class B common shares.

Record Dates

For the purpose of determining shareholders entitled
to notice of, or to vote at any general meeting of shareholders or any adjournment thereof, or shareholders entitled to receive dividend
or other distribution payments, or in order to make a determination of shareholders for any other purpose, dLocal’s board of directors
may set a record date which shall not exceed forty (40) clear days prior to the date where the determination will be made.

General Meetings of Shareholders

As a condition of admission to a shareholders’
meeting, a shareholder must be duly registered as a shareholder of dLocal at the applicable record date for that meeting and, in order
to vote, all calls or installments then payable by such shareholder to dLocal in respect of the shares that such shareholder holds must
have been paid.

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Subject to any special rights or restrictions
as to voting then attached to any shares, at any general meeting every shareholder who is present in person or by proxy (or, in the case
of a shareholder being a corporation, by its duly authorized representative not being himself or herself a shareholder entitled to vote)
shall have one vote per Class A common share and five votes per Class B common share.

As a Cayman Islands exempted company, dLocal is
not obliged by the Companies