Slide 1: Q1'25 Earnings Release
d-local Earnings Release QU25
Slide 2: Financial Highlights
Financial Highlights aA a” a” a” ”A A Appendix Loca repos in US dol and in accordance wth IFRS 2 sued bythe IASB Moree Unga ny 0 2029- Dae! Undd Cae ata) (NASbAGaLO «hola st pam pate ody aioe d-local {hcl one toe eter aca sao
Slide 3: Key Business Highlights
01.25 Earnings Release Key Business Highlights Total Payment Volume billions os US$ 1B 1025 sans 7-7 53% YOY 445% 000 4+72% YOY 122k A 5.3 Conse burony Revenue millions D217 C2 A 204 122k A 184 Gross Profit millions Operating Proftt millions SF ——— TT 46 £24 NN 42 1224 27 Record highs across key fin
Slide 4: Letter to Shareholders
0125 Earnings Release Letter to Shareholders PEDRO ARNT CEO dlocs! Despite @ more volatile global macroeconomic backdrop in 2025, the year has started broadly in line with our expectations. Building on the momentum of previous quarters, dLocal continues to demonstrate strong execution and to prove t
Slide 5: Letter to Shareholders
01.25 Earnings Release / Letter to Shareholders ‘At the same time, global trade dynamics are evolving. The ongoing discussions around tariffs and ‘the fragmentation of traditional trade models are creating opportunities for both emerging markets ‘and dLocal. The shift to a more multilateral and dive
Slide 6: Tech & Commercial Update
Slide 7: Technology Update
01.25 Earnings Release / Tech & Commercial Update Technology Update ur technological advancements during the first quarter were centered on leveraging automation and artificial intelligence to drive operational efficiency and optimize performance across key areas. Below are the key highlights: Artif
Slide 8: Technology Update
01.25 Earnings Release / Tech & Commercial Update Technology Update ur investments in performance optimization aim to maximize conversion rates and TPV while ensuring trusted and agile services for merchants. Key achievements include ‘Smart Request Strategies: Enhanced our smart request strategies,
Slide 9: Commercial Update
01.25 Earnings Release / Tech & Commercial Update Commercial Update Our continued commitment to innovation, customer satisfaction, and expansion of our’ footprint throughout emerging markets allows us to maintain and strengthen the relationships with our merchants and ultimately, increase our share
Slide 10: Business highlights
Slide 11: Business highlights
01.25 Earnings Release / Business highlights Pay-insTPV US$5 AB As49% YOY 442%000 {200 results with strong performance in on-demand <alvery, commerce and streaming, partly fest by severing USS4 3B (Cross-border reaching the milestone of $48, rainy driven by remittances, commerce, nancial ‘evioes and
Slide 12: Business highlights: TPV, revenue and gross profit breakdown
01.25 Earnings Release / Business highlights The tables below present the breakdown of dLocal's TPV by product and type of flow: In illons of USS except for Payins Payous Total TV In lions of USS except for (rose border oval te Local Total TV The tables below present the breakdown of dLocal's revenu
Slide 13: Financial highlights
Slide 14: Financial highlights
01.25 Earnings Release / Financial highlights + Total Payment Volume (TPV") reached a record US$8.1_ billion in the first quarter, up 53% year-over-year compared to USS533 billion in the first quarter of 2024 and up 5% compared to USS77 billion in the fourth quarter of 2024. In constant currency, TP
Slide 15: Financial highlights
01'25 Earnings Release / Financial highlights + Our effective income tax rate decreased to 10% ‘rom 27% last quarter (or 16% when excluding the tax settlement, as mentioned in the fourth quarter eamings release), as result of higher cross-border share of pre-tax income and a lower pretax income in B
Slide 16: Special note regarding Adjusted EBITDA and Adjusted EBITDA Margin
01'25 Earnings Release / Financial highlights 16 Special note regarding Adjusted EBITDA and Adjusted EBITDA Margin dlocal has only one operating segment. dLocal measures its operating segments performance by Revenues, Adjusted EBITDA and Adjusted EBITDA Margin, and uses these metrics to make decisio
Slide 17: Special note regarding Adjusted Net Income
01.25 Earnings Release / Financial highlights Special note regarding Adjusted Net Income Adjusted Net Income is a nomFRS financial measure. As used by dLocal, Adjusted Net Income i defined as the profit for the period (net income) excluding impairment gains/(losses) on financial faccets, transaction
Slide 18: Reconciliation of constant currency measures to reported results
01.25 Earnings Release / Financial highlights 1% Reconciliation of TPV, Revenue and Gross profit constant currency measures to reported results Constant currency revenue is a nomFRS financial ‘measure, Constant currency measures are prepared ‘and presented to eliminate the effect of foreign exchange
Slide 19: Earnings per share
01.25 Earnings Release / Financial highlights 1» Earnings per share We calculate basic earnings per share by dividing the Our diltted eamings per share is calculated by profit attributable to owners of the group by the dividing the profit attributable to owners of the group weighted average number o
Slide 20: Appendix
Slide 21: Definition of selected operational metrics
0125 Earnings Release / Appendix Definition of selected operational metrics APL > means application programming interface, which is a general term for programming techniques that are available for software developers when they integrate with a particular service or application. In the payments indus
Slide 22: Consolidated Statements of Comprehensive Income
(0125 Earnings Release / Appendix dLocal Limited Certain financial information. Consolidated Statements of Comprehensive Income for the three-month period ended March 31, 2025 and 2024 All amounts in thousands of U.S. Dollars except share data or as otherwise indicated “These months ended March 31 2
Slide 23: Consolidated Statements of Financial Position
(0125 Earnings Release / Appendix dLocal Limited Certain financial information. Consolidated Statements of Financial Position as of March 31, 2025 and March 31, 2024 All amounts in thousands of US. dollars March 31,2025 assers current Assets Cash andeash equivalents 511506 Financial assets at far va
Slide 24: Consolidated Statements of Cash Flows
(0125 Earnings Release / Appendix dLocal Limited Certain interim financial information. Consolidated Statements of Cash flows for the three-month period ended March 31,2025 and 2024 All amounts in thousands of US. dollars “These months ended March 31 25 2024 cath ows tom pert citer Potter come ts er
Slide 25: Conference call and webcast
01.25 Earnings Release Conference call and webcast dlocals management team will host 2 conference call and audio webcast on May 14, 2025 at 5:00 p.m. Eastern Time. Please click here, to prexegister for the conference call and obtain your dial in number and passcode The live conference call can be ac
Slide 26: Forward-looking statements
26 Forward-looking statements This press release contains certain forward-looking statements, These forward-looking statements convey dLocas current expectations or forecasts of future events, including guidance in respect of total payment volume, revenue, gross profit and Adjusted EBITDA. Forward-l
Slide 27: Investor Relations Contact
d-local Investor Relations Contact investor@dlocal.com Media Contact media@dlocal.com This press release does not contain sufficient information to constitute an interim financial report as defined in Intemational Accounting Standards 34, “Interim Financial Reporting” nor a financial statement as de