Same issue here.
Just updated my Windows server to the commits on Feb 23, 2021.
Grabbed the latest commit with the perl script: eqemu_server.pl
and selecting: windows_server_latest
and now get this error when trying to start the sever:
Running the perl script again: eqemu_server.pl
results in this error:
* zlib-ng1.dll is not found in the bin folder
I submitted an issue ticket on the Github