It's possible to connect with an HDMI cable, but I doubt it's compatible with the different modes of the PS5. Also I don't think the consoles support ultra wide (21:9)
Doesn't have HDMI 2.1, so no 120Hz and VRR with PS5. In addition, the PS5 is not capable of Ultrawide. And only 1440p as the next lower resolution. In my opinion, not an ideal combination for the PS5. If it's mostly PC and occasionally PS5, it's ok. But I think there are currently better monitors for the price. A lot has happened in the last two years (OLED, miniLED, HDMI 2.1 etc.).