Reproduction steps:
1. Open the attached “IN-114487.zip” project
2. Navigate to Window > Asset Management > Addressables > Groups
3. Make sure “DecalScene.unity” is added to the Addressables Group
4. Select to Build > New Build > Default Build Script
5. From the Project window, select the “PC_Renderer” asset
6. In the Inspector, click “Add Renderer Feature” and select “Decal”
7. Go back to the Addressables Groups window
8. Select Build > Update a Previous Build
9. Build and Run the project
10. Observe the Player

Expected result: Decal is rendered
Actual result: Decal is not rendered correctly (is rendered pink)

Reproducible with: 1.25.1 (2022.3.64f1), 2.5.0, 2.7.2 (6000.0.56f1, 6000.2.3f1, 6000.3.0b1)

Reproducible on: Windows 11
Not reproducible on: no other environments tested

Notes:
- Issue does not reproduce if fully clean/new build is built
- Make sure the “Decal” Renderer Feature is not present on the “PC_Renderer” asset during the first Build (4th step)