<?xml version="1.0" encoding="utf-8"?>
<linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://www.xbrl.org/2003/linkbase">
  <labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended" xmlns:xlink="http://www.w3.org/1999/xlink">
    <loc xlink:type="locator" xlink:href="shopapothekeeuropenv-2022-12-31.xsd#shopapothekeeuropenv_IssuedCapitalAndSharePremium" xlink:label="shopapothekeeuropenv_IssuedCapitalAndSharePremium" />
    <loc xlink:type="locator" xlink:href="shopapothekeeuropenv-2022-12-31.xsd#shopapothekeeuropenv_AmountsDueToBanks" xlink:label="shopapothekeeuropenv_AmountsDueToBanks" />
    <loc xlink:type="locator" xlink:href="shopapothekeeuropenv-2022-12-31.xsd#shopapothekeeuropenv_ReservesAccumulatedLosses" xlink:label="shopapothekeeuropenv_ReservesAccumulatedLosses" />
    <loc xlink:type="locator" xlink:href="shopapothekeeuropenv-2022-12-31.xsd#shopapothekeeuropenv_IssueConvertibleBondNetOfExpenses" xlink:label="shopapothekeeuropenv_IssueConvertibleBondNetOfExpenses" />
    <loc xlink:type="locator" xlink:href="shopapothekeeuropenv-2022-12-31.xsd#shopapothekeeuropenv_BasicAndDilutedEarningsPerShare" xlink:label="shopapothekeeuropenv_BasicAndDilutedEarningsPerShare" />
    <labelArc xlink:type="arc" xlink:from="shopapothekeeuropenv_IssuedCapitalAndSharePremium" xlink:to="label_shopapothekeeuropenv_shopapothekeeuropenvIssuedCapitalAndSharePremium_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="shopapothekeeuropenv_ReservesAccumulatedLosses" xlink:to="label_shopapothekeeuropenv_shopapothekeeuropenvReservesAccumulatedLosses_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="shopapothekeeuropenv_AmountsDueToBanks" xlink:to="label_shopapothekeeuropenv_shopapothekeeuropenvAmountsDueToBanks_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="shopapothekeeuropenv_BasicAndDilutedEarningsPerShare" xlink:to="label_shopapothekeeuropenv_shopapothekeeuropenvBasicAndDilutedEarningsPerShare_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="shopapothekeeuropenv_IssueConvertibleBondNetOfExpenses" xlink:to="label_shopapothekeeuropenv_shopapothekeeuropenvIssueConvertibleBondNetOfExpenses_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <label xlink:label="label_shopapothekeeuropenv_shopapothekeeuropenvIssuedCapitalAndSharePremium_Standard" id="shopapothekeeuropenv_shopapothekeeuropenvIssuedCapitalAndSharePremium_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Issued capital and share premium</label>
    <label xlink:label="label_shopapothekeeuropenv_shopapothekeeuropenvReservesAccumulatedLosses_Standard" id="shopapothekeeuropenv_shopapothekeeuropenvReservesAccumulatedLosses_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Reserves/accumulated losses</label>
    <label xlink:label="label_shopapothekeeuropenv_shopapothekeeuropenvAmountsDueToBanks_Standard" id="shopapothekeeuropenv_shopapothekeeuropenvAmountsDueToBanks_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Amounts due to banks</label>
    <label xlink:label="label_shopapothekeeuropenv_shopapothekeeuropenvBasicAndDilutedEarningsPerShare_Standard" id="shopapothekeeuropenv_shopapothekeeuropenvBasicAndDilutedEarningsPerShare_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Basic and diluted earnings per share</label>
    <label xlink:label="label_shopapothekeeuropenv_shopapothekeeuropenvIssueConvertibleBondNetOfExpenses_Standard" id="shopapothekeeuropenv_shopapothekeeuropenvIssueConvertibleBondNetOfExpenses_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en">Issue convertible bond, net of expenses</label>
  </labelLink>
</linkbase>