nRF Connect 5.0 fails to install on Windows 11

nRF Connect 5.0 crashes after asking to install nrf-device-lib-driver-installer.exe and shows the following cryptic message.

Trying with nrfconnect-setup-4.4.1-x64 raises the same error.

  • How to get rif of this error?
  • Is there a way to download and install nrf-device-lib-driver-installer.exe manually?

Thank you!

Environment

  • nrfconnect-setup-5.0.0-x64.exe
  • Windows 11 Pro 23H2 22631.3593
  • node-v20.13.1-x64
  • Git-2.45.1-64-bit
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