question

You can safely ignore this error.

https://support.microsoft.com/en-us/office/event-id-error-messages-10016-and-10017-are-logged-in-the-system-log-after-you-install-windows-sharepoint-services-3-0-0fff5bdd-2015-440e-b101-37b9232ab5ec

Hi @adilahmed ,

These 10016 events are recorded when Microsoft components tries to access DCOM components without the required permissions.

As per Microsoft, you could ignore these 10016 Event IDs and it is not recommended to try to fix through manipulating security of objects and such to circumvent as these occur by design.

If desired, advanced users and IT professionals can suppress these events from view in the Event Viewer by creating a filter and manually editing the filter’s XML query similar to the following:

 <QueryList>
   <Query Id="0" Path="System">
     <Select Path="System">*</Select>
     <Suppress Path="System">
       *[System[(EventID=10016)]]
       and
       *[EventData[
         (
           Data[@Name='param4'] and Data='{D63B10C5-BB46-4990-A94F-E40B9D520160}' and
           Data[@Name='param5'] and Data='{9CA88EE3-ACB7-47C8-AFC4-AB702511C276}'
         ) 
         or
         (
           Data[@Name='param4'] and Data='{260EB9DE-5CBE-4BFF-A99A-3710AF55BF1E}' and
           Data[@Name='param5'] and Data='{260EB9DE-5CBE-4BFF-A99A-3710AF55BF1E}'
         ) 
         or
         (
           Data[@Name='param4'] and Data='{C2F03A33-21F5-47FA-B4BB-156362A2F239}' and
           Data[@Name='param5'] and Data='{316CDED5-E4AE-4B15-9113-7055D84DCC97}'
         )
         or
         (
           Data[@Name='param4'] and Data='{6B3B8D23-FA8D-40B9-8DBD-B950333E2C52}' and
           Data[@Name='param5'] and Data='{4839DDB7-58C2-48F5-8283-E1D1807D0D7D}'
         ) 
         or
         (
           Data[@Name='param4'] and Data='{C2F03A33-21F5-47FA-B4BB-156362A2F239}' and
           Data[@Name='param5'] and Data='{316CDED5-E4AE-4B15-9113-7055D84DCC97}'
         )
       ]]
     </Suppress>
   </Query>
 </QueryList>

More information, please refer to this article DCOM event ID 10016 is logged in Windows.

Thanks,
Echo Du
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