Visual C+ + Redistributable for Visual Studio 2015-2022 x64 mandatory prerequisite was not correctly installed

I am trying to install Visual Components Essentials using a MacBook with Parallels as a VM and I am getting the following error message below.

“Visual C+ + Redistributable for Visual Studio 2015-2022 x64 mandatory prerequisite was not correctly installed.”

Any thoughts?

ARM based systems are not supported:

It was working before 4.9. I had been using for some time.