Installation of mirror registry for Red Hat OpenShift fails with an error exit status 127

Issue

• The installation of the mirror registry for Red Hat OpenShift fails with an error exit status 127.

$ sudo ./mirror-registry install --quayHostname mirror.example.com --quayRoot /var/lib/quay

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/ /  / /  \ \  | |  | | | |  | |  / /\ \  \   /
\ \  \ \  / /  | |__| | | |__| | / ____ \  | |
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                  \___\ by Red Hat
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INFO[2024-06-21 03:11:05] Install has begun                            
INFO[2024-06-21 03:11:05] Found execution environment at /home/user/execution-environment.tar 
INFO[2024-06-21 03:11:05] Loading execution environment from execution-environment.tar 
ERRO[2024-06-21 03:11:05] An error occurred: exit status 127

• What is the cause?