Pegasus Entrepreneurial Acquisition Europe B : EGM Results 23 June 2022

Voting results of the Extraordinary General Meeting held on 23 June 2022

AMSTERDAM - 23 June 2022 / Pegasus Entrepreneurial Acquisition Company Europe B.V. ("Pegasus Entrepreneurs") has obtained shareholder approval for its Business Combination (as defined below) with FL Entertainment at the extraordinary general meeting (the "EGM") held today.

100% of the votes cast at the EGM were in favour of the Business Combination with FL Entertainment (the "Business Combination"), significantly exceeding the required threshold for approval (i.e. 50%+1).

The EGM has also formally approved and adopted the other agenda items required to satisfy the shareholder approval conditions under the business combination agreement entered into between Pegasus Entrepreneurs, FL Entertainment and Financière Lov on 10 May 2022.

These include the legal merger between Pegasus Entrepreneurs and FL Topco B.V. and the cancellation of Pegasus Ordinary Shares to be repurchased by Pegasus Entrepreneurs under the redemption arrangements or directly if the repurchase under the redemption arrangements is not (expected) to be completed before the merger becomes effective.

The EGM has also formally approved and adopted the remaining voting items, being the adoption of the annual accounts for the financial year 2021, discharge from liability for the members of Peg- asus Entrepreneurs' board with respect to the performance of their duties and instruction to Mazars Accountants N.V. for the external audit of Pegasus Entrepreneurs' annual accounts for the financial year 2022.

As a result, all voting items on the agenda were approved at the EGM.

At the EGM, 73.59% of the issued share capital of Pegasus Entrepreneurs eligible to vote was represented. The total number of shares for which valid votes were cast at the EGM amounted to 19,246,235.

In accordance with Section 2:187 of the Dutch Civil Code in conjunction with Section 2:120 paragraph 5 of the Dutch Civil Code, the outcome of the votes on the proposals discussed at the EGM is as follows:

Resolution	Votes For	%	Votes	%	Votes Val-	% Issued	Votes
					Against		idly Cast	Share	Abstain1
							Total	Capital
Nr. 2 (i) and	19,246,235	100.0%	0	0.0%	19,246,235	73.59%	0
(ii)
							19,246,235
Nr. 3	19,246,235	100.0%	0	0.0%	73.59%	0

1 In accordance with article 25, paragraph 4 of Pegasus Entrepreneurs' Articles of Association, votes abstained have not been calcu-

lated as part of the votes cast.

Nr. 5	18,746,235	97.40%	500,000	2.6%	19,246,235	73.59%	0
Nr. 7	18,746,235	97.40%	500,000	2.6%	19,246,235	73.59%	0
Nr. 8	18,746,235	97.40%	500,000	2.6%	19,246,235	73.59%	0
Nr. 9	18,746,235	97.40%	500,000	2.6%	19,246,235	73.59%	0

The Convening Notice, which includes details of the EGM agenda, as well as a copy of the Annual Report 2021 and Pegasus Entrepreneurs' IPO prospectus dated 10 December 2021 can be found on the Investor Relations section of the Company's website via the following link.