dLocal announces the initiation of a secondary offering

DLocal Limited, a company that powers local payments in emerging markets, has announced a registered secondary offering of 15,000,000 Class A common shares. The offering is being led by J.P. Morgan, Goldman Sachs & Co. LLC, and Morgan Stanley, with BTG Pactual and Citigroup as part of the underwriting group.

The offering includes an option for the underwriters to purchase up to an additional 2,250,000 Class A common shares, bringing the total potential shares offered to 17,250,000. However, it's important to note that the Company will not receive any proceeds from the offering.

The One dLocal platform eliminates the need for separate pay-in and pay-out processors, local entities, and multiple acquirers and payment methods in each market. With this platform, global companies can accept payments, send pay-outs, and settle funds globally in over 40 countries across Africa, Asia, and Latin America.

The offering of securities will comply with the registration requirements of the Securities Act of 1933. Before investing, it's crucial to read the prospectus in the registration statement, accompanying prospectus supplement, and other documents filed with the Securities and Exchange Commission (SEC) for more complete information. Copies of these documents can be obtained from J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, or Morgan Stanley & Co. LLC.

It's worth noting that the Selling Shareholder, associated with General Atlantic, will not be selling any shares in this offering. For investor relations inquiries, you can contact dLocal at [email protected]. For media inquiries, please reach out to [email protected].

It's important to remember that this press release does not offer or solicit the sale of securities in any state or jurisdiction before registration or qualification under the securities laws. The offering is not selling any Class A common shares to the public.

dLocal's mission is to connect global enterprise merchants with billions of consumers in emerging markets, and this offering is a significant step forward in achieving that goal. For more information about dLocal, visit their website at dlocal.com.