loco.xml

<?xml version="1.0" encoding="utf-8"?>
<bundle name="Event Espresso">
  <domain name="event_espresso">
    <project name="Event Espresso" slug="event_espresso">
      <source>
        <directory>.</directory>
        <exclude>
          <directory>assets</directory>
          <directory>wp-assets</directory>
          <directory>core/third-party-libs</directory>
        </exclude>
      </source>
      <target>
        <directory>languages</directory>
        <directory base="WP_CONTENT_DIR">uploads/espresso/languages</directory>
      </target>
      <template locked="true">
        <file>languages/event_espresso.pot</file>
      </template>
    </project>
    <project name="Event Espresso 4" slug="event-espresso-4">
      <source>
        <directory>.</directory>
        <exclude>
          <directory>assets</directory>
          <directory>wp-assets</directory>
          <directory>core/third-party-libs</directory>
        </exclude>
      </source>
      <target>
        <directory>languages</directory>
        <directory base="WP_CONTENT_DIR">uploads/espresso/languages</directory>
      </target>
      <template locked="true">
        <file>languages/event_espresso.pot</file>
      </template>
    </project>
  </domain>
  <exclude>
    <directory>assets</directory>
  </exclude>
</bundle>