June 29, 2026 -- PARIS — Pasqal, a global leader in neutral-atom quantum computing, today announced the appointment of Stéphane Rougeot as Chief Financial Officer (CFO). Rougeot – a finance leader who has served as CFO of multiple publicly-listed European technology companies — will oversee Pasqal’s global finance organization as it scales the commercial deployment of its quantum systems and prepares to enter the public markets through its previously-announced business combination with Bleichroeder Acquisition Corp. II (Nasdaq: BBCQ).

As CFO, Rougeot will lead financial planning and analysis, accounting, treasury and investor relations, and will play a central role in advancing Pasqal’s capital markets readiness in connection with its proposed business combination and anticipated transition to a public company. His mandate is to build the financial foundation to support disciplined growth as Pasqal moves from breakthrough science to planned large-scale commercial deployment.

“Quantum computing is moving from the laboratory into real industrial and commercial use, and that transition has to be built on financial rigor and credibility with the public markets,” said Wasiq Bokhari, Chief Executive Officer of Pasqal. “Stéphane has been CFO of multiple publicly listed companies and has guided them through transformation and international growth. As we prepare to become a public company and scale globally, that is precisely the experience Pasqal needs.”

Rougeot brings more than two decades of executive experience across multinational technology, media and industrial companies, with deep expertise in capital markets, investor relations, strategic transformation and international expansion. He served as CFO and Deputy CEO of Deezer S.A. (Euronext Paris: DEEZR) and was CFO and a member of the Board of Management of Signify N.V. (Euronext Amsterdam: LIGHT). Earlier, he spent seven years at Technicolor S.A. (Euronext Paris: TCH), first as CFO in Paris and then as Deputy CEO of its technology and licensing business in Los Angeles. He began his career at Total S.A. and held senior finance and strategy roles at Orange S.A. Rougeot is a graduate of Sciences Po Paris and Université Paris-Dauphine.

“Pasqal has built a rare combination — world-class science rooted in France, a clear commercial roadmap and a blue-chip customer base — and I am joining at the moment that combination turns into scale,” said Stéphane Rougeot. “As a French leader in quantum computing, Pasqal is uniquely positioned to shape this industry globally. I look forward to building the financial foundation to take Pasqal public and to support its growth as one of the defining companies in quantum computing.”

Pasqal is a global leader in delivering practical quantum computing at scale utilizing neutral atom technology and dedicated software for industry, science, and governments. Since its founding in 2019, Pasqal has leveraged Nobel Prize winning research to build high-performance quantum systems and cloud-ready software designed to address complex challenges in optimization, simulation, and artificial intelligence.

Headquartered in France, Pasqal employs over 275 people and serves over 25 clients and partners, including Aramco, CMA CGM, OVHcloud, Thales, IBM (Pasqal is part of the IBM Quantum Network), and Sumitomo. Backed by more than USD 300 million in total funding from leading international investors, Pasqal is pursuing a listing on Nasdaq in partnership with Bleichroeder Acquisition Corp. II (Nasdaq: BBCQ) and is accelerating the adoption of scalable, high-performance quantum computing worldwide.