MELI

100% of restricted stock units vest upon the 2027 annual shareholders' meeting of the Company, the date of which has not yet been determined.

Represents 94 hares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 94 shares of Restricted Stock and 414 shares of common stock.

100% of restricted stock units vest upon the 2027 annual shareholders' meeting of the Company.

Represents 94 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 94 shares of Restricted Stock and 5,355 shares of common stock.

Represents 94 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date.

Represents 559 shares of common stock subject to forfeiture and transfer restrictions ("Restricted Stock") and 3,671 shares of common stock. 465 shares of Retricted Stock will vest in two substantially equal installments on each of the next two anniversaries of the grant date, July 1, 2022, subject to the Reporting Person's continued compliance with the terms of the Restricted Stock award agreement.

100% of restricted stock units vest upon the 2027 annual shareholders' meeting of the Company, the date of which has not yet been determined.

100% of restricted stock units vest upon the 2027 annual shareholders' meeting of the Company.

The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $1,656.02 to $1,656.20, inclusive.

Represents 64 shares of Restricted Stock and 5,291 shares of Common Stock.

The price reported in Column 4 is a weighted average price. These shares of common stock of MercadoLibre, Inc. (the "Company" and such shares, "Common Stock") were sold in multiple transactions at prices ranging from $1,654.74 to $1,655.60, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price within the ranges set forth in footnotes (1) and (3) to this Form 4.

Represents 64 shares of Common Stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of the Company (the "Restricted Stock") and 4,786 shares of Common Stock.

Represents 64 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc., and 193 shares of common stock.

As previously reported, the Reporting Person entered into a prepaid variable forward sale contract (the "Prior Contract") on June 5, 2023, with an unaffiliated third party buyer (the "Counterparty") relating to a maximum of 20,000 shares of common stock (the "Number of Shares") of MercadoLibre, Inc. (the "Company"). On August 22, 2025, the Reporting Person and the Counterparty amended the Prior Contract (the "Amended Contract"), which extended the maturity date of the Prior Contract from May 20, 2026 to August 20, 2027. The Amended Contract also adjusted the forward floor price and the forward cap price from $1,813.6572 and $2,265.0564, respectively, to $2,322.3910 and $2,693.9736, respectively. The number of shares to be delivered by the Reporting Person on the settlement date will depend upon the relationship between the volume-weighted average price of the common stock on the maturity date (the "settlement price"), and the forward floor price and the forward cap price, as follows:

(Continued from Footnote 2) (i) if the settlement price is less than or equal to the forward floor price, the Reporting Person will deliver the Number of Shares; (ii) if the settlement price is greater than the forward floor price but less than or equal to the forward cap price, the Reporting Person will deliver a number of shares equal to the Number of Shares multiplied by the forward floor price divided by the settlement price; and (iii) if the settlement price is greater than the forward cap price, the Reporting Person will deliver a number of shares equal to the Number of Shares multiplied by (x) the sum of the forward floor price and the settlement price minus the forward cap price, divided by (y) the settlement price (or, in each case, if the contract is settled in cash, the Reporting Person will deliver an amount of cash with a value equal to the number of shares to be delivered, calculated based on the settlement price of the shares).

(Continued from Footnote 3) At the time of entering into the Prior Contract, the Reporting Person received a cash payment of $33,479,211.08. In connection with the Amended Contract, the Reporting Person paid $879,826.30 to the Counterparty. The Reporting Person has pledged 20,000 shares of Common Stock to secure his obligations under the Amended Contract but retained dividend and voting rights in such pledged shares during the term of the Amended Contract.

As previously reported, the Reporting Person entered into a prepaid variable forward sale contract (the "Prior Contract") on June 5, 2023, with an unaffiliated third party buyer (the "Counterparty") relating to a maximum of 20,000 shares of common stock (the "Number of Shares") of MercadoLibre, Inc. (the "Company"). On August 22, 2025, the Reporting Person and the Counterparty amended the Prior Contract (the "Amended Contract"), which extended the maturity date of the Prior Contract from May 20, 2026 to August 20, 2027. The Amended Contract also adjusted the forward floor price and the forward cap price from $1,813.6572 and $2,265.0564, respectively, to $2,322.3910 and $2,693.9736, respectively. The number of shares to be delivered by the Reporting Person on the settlement date will depend upon the relationship between the volume-weighted average price of the common stock on the maturity date (the "settlement price"), and the forward floor price and the forward cap price, as follows:

(Continued from Footnote 2) (i) if the settlement price is less than or equal to the forward floor price, the Reporting Person will deliver the Number of Shares; (ii) if the settlement price is greater than the forward floor price but less than or equal to the forward cap price, the Reporting Person will deliver a number of shares equal to the Number of Shares multiplied by the forward floor price divided by the settlement price; and (iii) if the settlement price is greater than the forward cap price, the Reporting Person will deliver a number of shares equal to the Number of Shares multiplied by (x) the sum of the forward floor price and the settlement price minus the forward cap price, divided by (y) the settlement price (or, in each case, if the contract is settled in cash, the Reporting Person will deliver an amount of cash with a value equal to the number of shares to be delivered, calculated based on the settlement price of the shares).

(Continued from Footnote 3) At the time of entering into the Prior Contract, the Reporting Person received a cash payment of $33,479,211.08. In connection with the Amended Contract, the Reporting Person paid $879,826.30 to the Counterparty. The Reporting Person has pledged 20,000 shares of Common Stock to secure his obligations under the Amended Contract but retained dividend and voting rights in such pledged shares during the term of the Amended Contract.

100% of restricted stock units vest upon the 2026 annual shareholders' meeting of the Company, the date of which has not yet been determined.

100% of restricted stock units vest upon the 2026 annual shareholders' meeting of the Company, the date of which has not yet been determined.

100% of restricted stock units vest upon the 2026 annual shareholders' meeting of the Company.

Represents 64 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date.

Represents 529 shares of common stock subject to forfeiture and transfer restrictions ("Restricted Stock") and 3,607 shares of common stock. 465 shares of Retricted Stock will vest in two substantially equal installments on each of the next two anniversaries of the grant date, July 1, 2022, subject to the Reporting Person's continued compliance with the terms of the Restricted Stock award agreement.

Represents 8 shares of stock, granted to Mr. Tolda as compensation for his service as an independent director on the board of directors of MercadoLibre, Inc. prior to the 2025 annual meeting of the shareholders of MercadoLibre, Inc.

Represents 8 shares of common stock and 2,021 shares of common stock subject to forfeiture and transfer restrictions (the "Restricted Stock"). The Restricted Stock will vest in two substantially equal installments on each of the next two anniversaries of the grant date, April 8, 2022, subject to the Reporting Person's continued compliance with the terms of the Restricted Stock grant agreement.

Represents 64 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 64 shares of Restricted Stock and 238 shares of common stock.

Represents 64 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 64 shares of Restricted Stock and 4,691 shares of common stock.

Represents 64 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 64 shares of Restricted Stock and 350 shares of common stock.

Represents 75 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date and 163 shares of common stock.

Pro rata distribution from Kaszek Ventures Opportunity II, L.P., of which the reporting person is a non-managing member.

Pro rata distribution from Kaszek Ventures Opportunity II, L.P., of which the reporting person is a non-managing member.

Pro rata distribution from Kaszek Ventures Opportunity II, L.P., of which the reporting person is a non-managing member.

Represents 650 shares of common stock and 75 shares of common stock subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date.

Represents 75 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 75 shares of Restricted Stock and 644 shares of common stock.

Represents 75 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 75 shares of Restricted Stock and 213 shares of common stock.

Represents 75 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 75 shares of Restricted Stock and 4,616 shares of common stock.

Represents 75 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 75 shares of Restricted Stock and 301 shares of common stock.

Represents 75 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 75 shares of Restricted Stock and 275 shares of common stock.

Represents 75 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 75 shares of Restricted Stock and 2970 shares of common stock.

Represents 75 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 75 shares of Restricted Stock and 213 shares of common stock.

Represents 98 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 98 shares of Restricted Stock and 546 shares of common stock.

Represents 98 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 98 shares of Restricted Stock and 177 shares of common stock.

Represents 98 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 98 shares of Restricted Stock and 203 shares of common stock.

Represents 98 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 98 shares of Restricted Stock and 115 shares of common stock.

Represents 98 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 98 shares of Restricted Stock and 115 shares of common stock.

Represents 98 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 98 shares of Restricted Stock and 4,518 shares of common stock.

Represents 98 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 98 shares of Restricted Stock and 2,872 shares of common stock.

Pro rata distribution from Ribbit Capital IV, LP, of which the reporting person is a non-managing member.

Represents 431 shares of common stock and 115 shares of stock subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date.

Represents 115 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 115 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 115 shares of Restricted Stock and 2,757 shares of common stock.

Represents 115 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date (the "Restricted Stock").

Represents 115 shares of Restricted Stock and 4,403 shares of common stock.