If you open the EXE.XML with MS Edge, it will confirm the file is corrupted, at line 25. And in fact, here:
<Launch.Addon>
<Name>Aerosoft VDGS Driver</Name>
<Disabled>False</Disabled>
<Path>L:\MSFS_Download\Community\aerosoft-vdgs-driver\aerosoft-vdgs-driver.exe</Path>
</Launch.Addon></Launch.Addon>
You can see the error: two </Launch.Addon></Launch.Addon> closing tags in a row, which is a mistake.
Just remove one, so line 25 will look like this:
</Launch.Addon>
Save the file, open it again with MS Edge to confirm is clean, and it will work.