Reproduction steps:
1. Build the attached project “TestProject” with the following command line: “Unity.exe -batchmode -timestamps -nographics -quit -projectPath "[PROJECT_PATH]" -buildWindowsPlayer "[BUILD_FOLDER_PATH]\build.exe" -logFile "[BUILD_FOLDER_PATH]\log.txt" -intermediateDirectoryPath="\\serverName\..\.."“
2. Open "[BUILD_FOLDER_PATH]\log.txt"
3. Search the string "-intermediateDirectoryPath="

Expected result: “-intermediateDirectoryPath=\\serverName\..\..” is saved as a path for networked location
Actual result: “-intermediateDirectoryPath=\serverName\..\..” is saved in the log.txt

Reproducible with: 2021.3.32f1, 2022.3.13f1, 2023.1.20f1, 2023.2.0f1, 2023.3.0a14

Reproducible on: Windows 10
Not reproducible on: No other environment tested