I'm having this issue too with an iOS project that distributes fine in earlier Xcode releases.

Following as experiencing the same using Xcode version 14.3 (14E222b), just migrated from Xcode 13.2 (13C90) where there was no issue distributing.

Supporting information: MacBook Air M2 2022 Xcode 14.3 (14E222b) Installed platforms in Xcode: macOS 13.3 (Built-in) iOS 16.4 (Built-in) Default Derived Data and Archives, Command Line Tools is set to Xcode 14.3 (/Applications/Xcode.app)