I could find a way to suppress the warning by adding LSMinimumSystemVersion : 12.3 in Info.plist. It seems that the one specified in xCode in info tab is not used.
For information, it is a SwiftUI app with MacCatalyst activated (optimised for Mac) with minimum 12.3 in info tab.
Topic:
App Store Distribution & Marketing
SubTopic:
App Store Connect
Tags: