Issue with IdentityModel.Tokens.Jwt > CreateJwtSecurityToken on Windows Server 2022 VM, working on Windows 11 Pro locally. What could be the reason?

Question

I'm facing an issue with CreateJwtSecurityToken from System.IdentityModel.Tokens.Jwt in my application. Strangely, the code works flawlessly on my local machine running Windows 11 Pro, but when deployed to a Windows Server 2022 VM, it encounters issues. The application relies on JWT token generation. Note: Application is hosted in IIS of Windows server 2022. Version for System.IdentityModel.Tokens.Jwt is 6.23.1.0.

public string CreateJsonWebToken(Token properties)
{
    try
    {
        log.Info(String.Concat("Message:", "Entered CreateJsonWebToken()", ";ActionMethod:", "CreateJsonWebToken", ";TimeStamp:", DateTime.Now.ToLongDateString()));

        var tokenHandler = new JwtSecurityTokenHandler();

        log.Info(String.Concat("Message:", "properties.issuer: " + properties.issuer, ";ActionMethod:", "CreateJsonWebToken", ";TimeStamp:", DateTime.Now.ToLongDateString()));
        log.Info(String.Concat("Message:", "properties.audience: " + properties.audience, ";ActionMethod:", "CreateJsonWebToken", ";TimeStamp:", DateTime.Now.ToLongDateString()));
        log.Info(String.Concat("Message:", "properties.expires: " + properties.expires, ";ActionMethod:", "CreateJsonWebToken", ";TimeStamp:", DateTime.Now.ToLongDateString()));
        log.Info(String.Concat("Message:", "properties.notBefore: " + properties.notBefore, ";ActionMethod:", "CreateJsonWebToken", ";TimeStamp:", DateTime.Now.ToLongDateString()));
        log.Info(String.Concat("Message:", "properties.signingCredentials: " + properties.signingCredentials, ";ActionMethod:", "CreateJsonWebToken", ";TimeStamp:", DateTime.Now.ToLongDateString()));
//Below lines are not executed
        var jwtToken = tokenHandler.CreateJwtSecurityToken(
            properties.issuer,
            properties.audience,
            properties.subject,
            properties.notBefore,
            properties.expires,
            DateTime.UtcNow,
            properties.signingCredentials);
        log.Info(String.Concat("Message:", "jwtToken -> header and claim: " + jwtToken, ";ActionMethod:", "CreateJsonWebToken", ";TimeStamp:", DateTime.Now.ToLongDateString()));
        log.Info(String.Concat("Message:", "jwtToken.EncodedHeader: " + jwtToken.EncodedHeader, ";ActionMethod:", "CreateJsonWebToken", ";TimeStamp:", DateTime.Now.ToLongDateString()));
        log.Info(String.Concat("Message:", "jwtToken.EncodedPayload: " + jwtToken.EncodedPayload, ";ActionMethod:", "CreateJsonWebToken", ";TimeStamp:", DateTime.Now.ToLongDateString()));
        log.Info(String.Concat("Message:", "jwtToken.IssuedAt: " + jwtToken.IssuedAt, ";ActionMethod:", "CreateJsonWebToken", ";TimeStamp:", DateTime.Now.ToLongDateString()));
        log.Info(String.Concat("Message:", "jwtToken.Issuer: " + jwtToken.Issuer, ";ActionMethod:", "CreateJsonWebToken", ";TimeStamp:", DateTime.Now.ToLongDateString()));

        var finalToekn = tokenHandler.WriteToken(jwtToken);
        log.Info(String.Concat("Message:", "finalToekn is " + finalToekn, ";ActionMethod:", "CreateJsonWebToken", ";TimeStamp:", DateTime.Now.ToLongDateString()));

        return finalToekn;
    }
    catch (Exception)
    {
        return null;
    }
}

There is no exception, it only returns an empty result with 200 status code.

Ideally it should generate a JWT token.