That covers 99% of “missing DLL” issues on Windows.
While you should install both x86 (32-bit) and x64 packages for total coverage, the is the critical requirement for modern, high-performance software.
Because this is a central component of the Windows software ecosystem, Microsoft regularly updates this package. Downloading the latest 2022 iteration ensures your system libraries are patched against known vulnerabilities that could be exploited by malware masquerading as legitimate software calls.