Registration forms are provided on the website of the Company (www.lakestar-spac1.com) which may be used. Shareholders having registered for the EGM must provide a proxy or voting form in case they do wish to participate in the EGM by 8 September 2021 (see below sections 'Representation' and 'Voting Form').

Please register for the EGM also if you contemplate to redeem your shares.

Representation

In the event that any shareholder appoints another person, shareholder or not, as his proxy to vote on his behalf, the completed and executed proxy must be submitted by mail, fax or by email to the Centralizing Agent of the Company no later than on 8 September 2021 and must be accompanied by the proof of shareholding.

Proxy forms provided on the website of the Company (www.lakestar-spac1.com) may be used and if used, only signed proxy forms will be taken into account. One person may represent more than one shareholder.

Shareholders having submitted a proxy form and registered in due time but who wish to revoke such proxy form may do so by timely providing a later dated proxy form or by cancelling the proxy form in writing to the Centralizing Agent of the Company at the address referred to above.

Voting Forms

Shareholders having registered for the EGM but who do not wish to participate per proxy form may also vote through a voting form in the EGM. The voting form may be submitted by mail, by fax or by e-mail to the Centralizing Agent of the Company no later than 8 September 2021 and should be accompanied by the proof of shareholding (see above section 'Right to Participate in the EGM'). Voting forms provided by the Company on its website (www.lakestar-spac1.com) may be used and if used, only signed voting forms will be taken into account. Shareholders having submitted a voting form and registered in due time but who wish to revoke such voting form may do so by timely providing a later dated proxy or voting form or cancelling the voting form in writing to the Centralizing Agent of the Company at the address referred to above.

Redemption process of Class A Shares

In the event a Class A Shareholder wishes to exercise his redemption rights in accordance with the articles of association, such Class A Shareholder shall follow the following procedure: 


              a redemption notice shall be submitted by mail, fax or by e-mail to the Centralizing Agent no later than 
a)            9 September 2021 at 18:00 CEST. Only redemption notices provided as appendix to this convening notice by 
              the Centralizing Agent may be used and only signed redemption notices will be taken into account; 
              the Class A Shares tendered for redemption shall be transferred not later than 9 September 2021 to a 
              securities account of the Company being the following: 
              Account holder:            Lakestar SPAC I SE 
              Account name:              Lakestar 
b)            Securities account number: 099957287 
              Custodian Bank:            Banque Internationale à Luxembourg (BIL) 
              BIL Account number at      11215 
              Clearstream Luxembourg: 
              BIC-Code:                  BILLLULL 
              Email:                     spac@bil.com

The redemption price for each of the Class A Shares shall amount to (a) the aggregate amount on deposit in the escrow account established at Deutsche Bank Aktiengesellschaft, or any successor entity thereof, by an affiliate of the Company, containing the proceeds from the private placement of the Class A Shares and warrants as well as the proceeds from an additional subscription for Class B Shares and class B warrants (the 'Escrow Account') reduced by the portion of the subscription price of Class B Shares and class B warrants on deposit in the Escrow Account, if any, that has not been used to cover negative interest on the Escrow Account (calculated as of two (2) Business Days prior to the EGM), divided by (b) the number of the then outstanding Class A Shares, subject to (i) the availability of sufficient amounts on the Escrow Account and (ii) sufficient distributable profits and reserves of the Company.

A Class A Shareholder having submitted his redemption notice to the Company may withdraw such redemption notice in respect of all or a portion of the Class A Shares tendered for redemption by delivering a withdrawal notice by mail, fax or by email to the Company no later than on or prior to 9 September 2021 at 18:00 CEST. Withdrawal notices in the form provided by the Company on its website (www.lakestar-spac1.com) should be used and only signed withdrawal notices will be taken into account. In case a redemption notice is withdrawn, the shares will be returned to the holder thereof as soon as practicable after the Record Date, will not be redeemed. To participate in the general meeting, shareholders having withdrawn their Redemption Notice do not need to register for the general meeting separately, but need to provide a new form of proxy or voting form as described before.

Redemptions of Class A Shares are subject to the approval and consummation of the Business Combination. If the Business Combination is not consummated, the tendered Public Shares will be returned to the shareholders having tendered them for redemption.

Shareholder Questions

Duly registered shareholders that have correctly submitted their Record Date Attestation shall have the opportunity to submit questions to the Company. All questions must be submitted in writing in advance of the EGM.

Shareholders must submit questions, along with their full name, via e-mail to the following address: agm@linkmarketservices.de

Questions submitted by the shareholders must be received in writing at the latest on 8 September 2021. Questions submitted after this deadline may not be answered and any questions submitted by other means will not be considered.

The submitted questions will be answered at the reasonable discretion of the Company and the Company is not required to answer all questions. In particular, questions may be summarised, combined or separated. Reasonable questions may be selected in the interest of the other shareholders, and questions from shareholders' associations and institutional investors with significant voting interests may be given preference.

Language

The EGM will be held in English language.

Luxembourg, 13 August 2021 For the management board of the Company 


By: Mr. Stefan Winners By: Ms. Inga Schwarting 
Title: CEO             Title: CIO Appendix REDEMPTION NOTICE

IMPORTANT NOTES 


1             Please send this redemption notice no later than 9 September 2021 at 18:00 CEST 
              Please instruct your custodian or sub-custodian bank to contact spac@bil.com to organize the settlement 
              and ensure that the settlement of the share transfer is executed in due time 
              NOTE:         The information requested in ANNEX 1 (Account Instructions) will need to be provided by 
                            your custodian or sub-custodian bank to spac@bil.com. 
              FROM:         If you are an individual, please indicate: 
                            First name 
                            Family name 
                            Address 
               OR 
2                           If you are a company, please indicate: 
                            Corporate name 
                            Registered office or principal place of business 
                            Registration authority 
                            Registration number 
                            Please insert the following information of your Custodian Bank: 
                            Bank name 
                            IBAN number 
                            Securities account number 
                            Lakestar SPAC I SE, 
                            c/o Link Market Services GmbH as 
                            Centralizing Agent 
              TO:           Landshuter Allee 10 
                            80637 Munich / Germany 
                            Fax: +49 / 89 / 21 027 289 
                            Email: agm@linkmarketservices.de 
              DATE:

Dear Sirs, 


              This is a Redemption Notice in relation to the redemption of Class A Shares at the extraordinary general 
              meeting of shareholders of Lakestar SPAC I SE (the 'Company') to be held on 13 September 2021 at 10.00 am 
              CEST. 
1.            I am the holder of Class A Shares of the Company. 
              Terms defined in the articles of association shall have the same meaning in this Redemption Notice, 
              unless given a different meaning herein. 
              I hereby tender:   Class A Shares (the 'Shares') for redemption

in accordance with article 9 of the articles of association of the Company, which I declare having

transferred onto the securities account of the Company to be held on my behalf, and I acknowledge that my

request for redemption will be considered nil and void if the relevant Shares are not received on the

following account prior to or on 9 September 2021: 2. 


              Account holder:                               Lakestar SPAC I SE 
              Account name:                                 Lakestar 
              Securities account number:                    099957287 
              Custodian Bank:                               Banque Internationale à Luxembourg (BIL) 
              BIL account number at Clearstream Luxembourg: 11215 
              BIC-Code:                                     BILLLULL 
              Email:                                        spac@bil.com

I acknowledge and agree that the redemption price for each of the Shares

shall amount to (a) the aggregate amount on deposit in the escrow account established at Deutsche Bank

Aktiengesellschaft, or any successor entity thereof, by an affiliate of the Company, containing the

(MORE TO FOLLOW) Dow Jones Newswires

August 13, 2021 09:05 ET (13:05 GMT)