DLOCAL LTD

Ticker: DLO CUSIP: G29018101 Class: Common Stock

TB Capital Gestao de Recursos Ltda.'s Holding History (CIK: 0002077092)

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

Q4 2025

Shares 923,768 Value ($000) $13,062 Avg Close $14.11 Range $12.16 - $16.78

Q3 2025

Shares 725,713 Value ($000) $10,363 Avg Close $12.71 Range $9.81 - $16.44

Q2 2025

Shares 641,185 Value ($000) $7,271 Avg Close $9.58 Range $7.26 - $11.99

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	923,768	$13,062	$14.11	$12.16 - $16.78
Q3 2025	725,713	$10,363	$12.71	$9.81 - $16.44
Q2 2025	641,185	$7,271	$9.58	$7.26 - $11.99