There are actually many ways to do this, but the simplest and most popular is still WinRAR - the most popular file management, compression, and decompression application today. As a shareware software, with no trial period but limited functionality, WinRAR still fully meets our needs. The steps to create * .exe file and set password as below.
Download the latest version of WinRAR .
This exe compressed file looks familiar, doesn't it?
Just Browse to the required folder and click Extract to extract
This method applies to both compressed files in * .exe or * .rar, * .zip format
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