Company: DLO
Filing Date: 2025-09-04
Form Type: 424B3
Source: 0000950103-25-011286
Chunk: 53

Company: dLocal Ltd
Filing Date: 2025-09-04
Form: 424B3
Chunk 53
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 the sole shareholder of GA Lux is General Atlantic GenPar (Bermuda),     
 L.P., or “GenPar Bermuda”. GAP (Bermuda) L.P., or “GAP Bermuda”, which is also controlled by the GA Partnership                             
 Committee, is the general partner of GenPar Bermuda and GA Coop LP. There are six members of the GA Partnership Committee. By virtue        
 of the foregoing, GA DO, GA Coop UA, GAPCO III, GAPCO IV, GAPCO V, GAPCO CDA, GA DO SPV, GA DO SPV GP, GAP Bermuda IV, GAP Bermuda EU,      
 GAP Lux, GA Coop LP, GA DLO, GAP 100, GA SPV, GA GenPar, GA LP, GA GenPar Lux, GA Lux, GenPar Bermuda and GAP Bermuda are a “group”         
 within the meaning of Rule 13d-5 of the US Securities Exchange Act of 1934, as amended. Each of the members of the GA Partnership Committee 
 disclaims ownership of the Class A common shares reported herein except to the extent that he has a pecuniary interest therein.             
 The mailing address of GA DLO, GA SPV, GAPCO III, GAPCO IV, GAPCO V, GAPCO CDA, GAP 100, GA GenPar, and GA LP is 55 East 52nd Street,       
 33rd Floor, New York, NY 10055. The mailing address of GAP Bermuda EU, GAP Bermuda IV, GA Coop LP, GenPar Bermuda, and GAP                  
 Bermuda is c/o Conyers Client Services (Bermuda) Limited, Clarendon House, 2 Church Street, Hamilton HM 11, Bermuda. The mailing address    
 of GA DO and GA Coop UA is Prinsengracht 769 A, 1017 JZ, Amsterdam, The Netherlands. The                                                    |

<div align='center'>S-35</div>

mailing address of GAP Lux, GA Lux,
and GA GenPar Lux is 412F, Route d’Esch, L-1471 Luxembourg. The mailing address of GA DO SPV and GA DO SPV GP is c/o Conyers Trust
Company (Cayman) Limited, SIX, 2 Floor, Cricket Square, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands.

| (3) | Held indirectly through IZBA S.A. Sergio Enrique Fogel Kaplan