Got the same problem since today.
When trying to start the game with DX12 enabled, I get the error message "Render initialization error" and after that, an error messages from Easy Anti-Cheat pops up stating it has a problem with the dxilconv.dll.
They weird thing is, until today I was able to use DX12 without issues.
The only thing I did today was updating the GeForce Experience and optimized Division 2 with the recommended settings.
After that, Division2 keeps crashing and reverts to DX11.
First, I was unsure if I even played with DX12 enabled until today, so I checked my Backup of the state.cfg file and there it was set to true the whole week.
I did a DDU and reinstalled the current Nvidia Drivers (419.35) for my RTX2080 but unfortunately - no success.
I also already tried to disable Fullscreen optimization and DPI Scaling to Application in the TheDivision2.exe but still, the game won*t to start in DX12 anymore.
Playing the Division 2 with the DX11 renderer has a 20% FPS impact on my machine...:/
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