I was having an issue trying to install an older windows program using bottles program (flatpak distribution under linux mint). I was able to bypass this setup extraction issue by manually extracting the "packed" installer files and running the setup executable manually.

According to @jntesteves and @moracino on the bottles discord server, you need to take care to use a file extractor that can read .CAB files properly. (File Roller 44.3 from flathub works)

Once you've extracted the installer files, you should be able to run the Setup.exe included in the directory. If you are using bottles or wine, as I was, you should extract it to the steamuser home folder of the bottle. Then, click "Run Executable" to browse and run the executable. In my case it was under /home/$USER/.var/app/com.usebottles.bottles/data/bottles/bottles/Essential-Forms/drive_c/users/steamuser/. I needed to install dependencies of msxml6, msxml4, msxml3 beforehand. Then, after the program installation succeeded, reinstall msxml4 to set the default msxml location to msxml4.