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Agreed. You could also check if there's a "Load Legacy Option ROM" setting that needs to be disabled first.

+1 Yep, and after you switch to UEFI in the BIOS, you'll also need to find and enable the Secure Boot option in there.

I ran into this a while back. You can try using the built-in Compatibility Troubleshooter on the .exe file, setting it to mimic Windows XP Service Pack 3. For more direct control, you might also experiment with third-party tools like NTVDMx64, which can help run some older 16-bit and 32-bit layers ...