Yes, I am using Flutter and the above solved my problem.
Alternatively, you can also Enable Bitcode in Build Setting to solve the problem. However, many 3rd party frameworks do not yet support bitcode, so to enable bitcode you have to remove them.
One more important note, does your App in App Store Connect support MacOS App? If so you have to turn it off. You can access your App in App Store Connect, check in Left Menu
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Okay I figured out how to solve this problem.
In Target -> Build Settings -> Other Linker Flags, remove -interposable.
Rebuild the app