A colleague of mine suggested that I could fix this error in the GPO. It is a windows 2016 server.
The application-specific permission settings do not grant Local Activation permission for the COM Server application with CLSID {D63B10C5-BB46-4990-A94F-E40B9D520160} and APPID {9CA88EE3-ACB7-47C8-AFC4-AB702511C276} to the user NT AUTHORITY\SYSTEM SID (S-1-5-18) from address LocalHost (Using LRPC) running in the application container Unavailable SID (Unavailable). This security permission can be modified using the Component Services administrative tool.
I’m not sure if this issue affects the functionality of your app, as it is mentioned in docuemnt, you don't need to fixed it if it has no effect on function.
These events can be safely ignored because they do not adversely affect functionality and are by design. This is the recommend action for these events.
If it has effect on application, you can follow these steps to fix it.