DLocal Limited

Welcome to the local first quarter 2026 earnings conference call. At this time all participants are in listen only mode. After the speaker's presentation there will be a question and answer session. Instructions will be given at that time. I will now hand the call over to the company.

Good afternoon and thank you all for joining our earnings call today. If you have not seen the earnings release, as always, a copy is posted in the financial section of the Investor Relations website. On the call today, you have Pedro Arndt, Chief Executive Officer, Guillermo López-Pérez, Chief Financial Officer, Christopher Strohmeyer, SVP of Corporate Development, and Mirele Aragao, Head of Investor Relations. A slide presentation has been provided to accompany the prepared remarks. This event is being broadcast live via webcast and both the webcast and presentation may be accessed through Delocal's website at investor.delocal.com. The recordings will be available shortly after the event is concluded. Before proceeding, let me mention that any forward-looking statements included in the presentation or mentioned in this conference call are based on currently available information and Delocal's current assumptions, expectations and projections about future events. Whilst the company believes that our assumptions, expectations and projections are reasonable given currently available information, you are cautioned not to place undue reliance on those forward-looking statements. Actual results may differ materially from those included in Delocal's presentation or discussed in this conference call for a variety of reasons, including those described in the forward-looking statements and risk factors section of Delocal's filings with the Securities and Exchange Commission, which are available on Delocal's Investor Relations website. Now I will turn the conference over to D-Local. Thank you.

Good afternoon, everyone, and thank you for joining us today. This year, 2026, marks two important milestones for D-Local. Ten years since we founded the company and five years since our NASDAQ IPO. Before I go into the quarter's results, I wanted to reflect briefly on what has been built over the past year.