FileVault 2 + Prey: Is this possible?

I have an M1 MacBook that is running Monterey. The SSD drive is encrypted with FileVault 2, which does not allow for a regular Guest Account that can load Prey. It has a Safari-only Guest Account.

Is it possible to have both FileVault 2 encryption AND a functional Prey installation?

I am wondering whether Prey actually have support on this forum? It is quite a while since you asked your question… I wonder whether I will have mine answered as well.