This post is showing you how to install Exchange 2016 in Windows Server 2016. Here is a pretty good step by step, https://www.prajwaldesai.com/step-by-step-guide-to-install-exchange-server-2016/, Somehow it doesn’t work if your Windows Server is 2016.
You need to do extra 3 steps to get the installation started.
1. Download and install Unified Communications Managed API 4.0 Runtime
3. Download Exchange from here Cumulative Update 8 for Exchange Server 2016 (KB4035145)
You can forget about the Exchange server 2016 with 1.7 GB that you downloaded. That will not work. You will see the following error if you use that file.
The Windows component Server-Gui-Mgmt-Infra isn’t installed on this computer and needs to be installed before Exchange Setup can begin.
Once you have done the additional 3 steps then you will be finish the Exchange 2016 installation like below.