====== Installing Microsoft Exchange Server 2016 onto Microsoft Windows Server 2016 ======

  * Install Microsoft Windows Server 2016 operating system (with Desktop Experience) onto your hardware (including any preconfigured RAID-1 Mirror Array) and enter your Product Code / License Key to Activate your fresh install of Server 2016 Operating System as either the Standard or Datacenter edition. Do not add any roles or features yet. 
  * Perform a Windows update on your fresh installation of Microsoft Windows Server 2016.

===== System Requirements =====

  * use the latest version of the .NET Framework that's supported by the release of Exchange you're installing.
  * Exchange Server 2016 CU23	Any supported OS	.NET Framework 4.8
  * Install the .NET Framework 4.8.1 Offline Installer [English] (prior to installing any added language packs).

Download From Here: https://dotnet.microsoft.com/download/dotnet-framework/thank-you/net48-offline-installer

Note:  In the Server Manager console, when checking the features that are installed on Server 2016, only Dot Net Framework 4.6.1 is installed (2 of 7 features).