How can I format or convert exfat to fat32 without losing data?

Unfortunately, Windows doesn't offer a built-in method to convert exFAT to FAT32 without losing data. The conversion typically requires formatting, which deletes all files. However, you can perform a conversion without data loss using third-party software. 

1. Download and install the free edition of Partition Assistant Standard.

2. Open the program and find your exFAT drive.

3. Right-click the drive and select "Advanced → Convert to FAT32."

4. In the pop-up window, confirm the conversion and click OK.

5. Click Apply at the top-left corner to execute the pending operation. This will convert exfat to fat32 without losing data.

This free exfat to fat 32 converter preserves your data during the conversion, making this process safe and straightforward.

Important Notes:

Even though this method is generally safe, it's strongly advised to create a backup first to avoid any risk of data loss from unforeseen issues.

Always safely eject the drive after conversion.

Using third-party disk format software is the simplest and safest option for formatting exFAT to FAT32 without losing data on Windows.