Clipped highlights, but only in Photolab?

yes, saturates, clips, destroys, obliterates, etc

so we count 3 bugs

(A) incorrect detection of true camera model/nominal iso/etc white level-white point- clipping point-sensor saturation point ( per channel if needed ) - for some camera models ( thank you OP again for producing raw files so clearly illustration the matter )

(B) destroying unclipped raw data before or during demosaick stage - that is regardless of “A”

(C) generating linear DNG output (NR/Optics option at least) with incorrect data for use by apps further in processing pipeline (demosaicked raw data scaling vs declared white level) - that is direct result of “B” and possibly also “A” ( may be not though - too lazy to check ) - that is what manifests itself as “magenta tint” or “magenta skies” later down the road, but thanks to “C” we discovered “B” and thanks to “B” + raws shared by OP we discovered “A”


now as far as I remember there was a claim that DxO fixed “magenta tint” issues for some Fuji camera model ( that is “C” from above ) … we need to check that for that camera model they also fixed “B” ( not sure if there was “A” there like we have for Nikon Zf )


so much for the “best in class”( unless there was a fine print like “* class of its own” ? ) and “bespoke testing” of camera/lenses raw files