Mercado Libre’s CFO, Martin de los Santos, Unpacks Q2’2025 Results in Latest CFO Perspectives Episode

Montevideo, Uruguay,21 August 2025 – Mercado Libre (NASDAQ: MELI), the leading e-commerce and fintech platform inLatin America, today released the latest installment of “CFO Perspectives,” a special serieswithin the InsideMercado Libre podcast.Following our Q2 earningsreport, Chief Financial Officer Martin de los Santos shares insight into MercadoLibre's performance this past quarter.

In the third episode de los Santosaddresses key questions from the investor community, including the positiveearly results from Brazil's new R$19 free shipping threshold, the accelerationof credit card originations with over 1.5 million cards issued in Q2, thecredit card business reaching NIMAL breakeven in Brazil, and strategicmarketing investments to support our Fintech and Commerce platforms.

Commenting on the Company'sstrategy, Martin de los Santossaid “Free shippingis one of the most effectivetools to bringpeople online. This is a veryimportant part of our strategy, and after lowering the free shipping thresholdin Brazil, we are delivering historic levels of free shipping penetration,which is very important to eliminate one of the most significant frictions in e-commerce: the cost of shipping.”

Listen to the latest episode CFO Perspectives: Reflections on Q2 Results on Spotify. Previousepisodes “Marcos Galperin and Ariel Szarfsztejn on CEO Transition,” “CFOPerspectives: Reflections on Q1’25 Results,” "MELI’s Acquiring Business,with Paula Arregui, Senior Vice President", and "Marcos Galperinon MELI's Culture”can be accessed here.

About Mercado Libre

Founded in 1999, MercadoLibre, Inc (NASDAQ: MELI) is the leading companyin e-commerce and financialtechnology in Latin America, with operations in 18 countries. It offers acomplete ecosystem of solutions for individuals and businesses to buy, sell,advertise, obtain credit and insurance, collect, send money, save, and pay forgoods and services both online and offline. Mercado Libre looks to facilitate accessto commerce and financial servicesin Latin America, a market that offers great opportunities and high growth potential. It uses world-class technology to create intuitivesolutions tailored to the local culture to transform the lives of millions of people in the region.More information at http://investor.mercadolibre.com/