DLocal Limited announced that Alberto Almeida has been appointed as the new Chief Technology Officer of the Company, effective immediately, following the decision of Hernan Di Chello to step down from that position to pursue an outside opportunity. Alberto Almeida previously worked with DLocal from December 2016 to September 2019, starting as a software engineer before rising to head of software development and then serving as the Company's Chief Technology Officer. He served as Engineering Manager of Zalando SE in Germany from December 2019 to May 2022 before rejoining DLocal as Senior Vice President of Engineering in June 2022.

The Company expects that Mr. Almeida's prior experience with DLocal and his familiarity with its technology platform and clients, will help provide a more seamless transition over the leadership of its technology platform.