DisableLoopbackCheck, registry setting not working in Windows 2022 IIS 10

We are upgrading windows in our environment from 2012 to 2022. Our application requires DisableLoopbackCheck, enabled. This setting is not working in Windows 2022. Has anyone encountered this issue and it there a workaround to get this working?

These are the steps we follow:

https://learn.microsoft.com/en-us/troubleshoot/windows-server/networking/accessing-server-locally-with-fqdn-cname-alias-denied