DLOCAL LTD

Ticker: DLO CUSIP: G29018101 Class: Common Stock

Elm Partners Management LLC's Holding History (CIK: 0001743941)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 32,000 Value ($000) $452 Avg Close $14.11 Range $12.16 - $16.78

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	32,000	$452	$14.11	$12.16 - $16.78