PROBLEM:
Error when running a Tizen Web Application on my Galaxy Watch
– error code -12: the application installation on the device has failed due to a signature error
OR
– error code -32: non trusted certificate is used. register valid certificate

This problem started after Author Certificate expired after 1 year.
Creation of a new Certificate Profile, resulting in a new Author Certificate(expires 2027/01/01) + Distributor Certificate(expires 2022/10/27), results in above mentioned problem!!
Over the past year, I have been using Tizen Studio intensively without any problems for developing Tizen Web Application for my Galaxy Watch

ENVIRONMENT:
Tizen Studio 4.1 running on Windows10 with AMD processor (configuration not changed over the past months)
Galaxy Watch Active (SM-R500) running Tizen 5.5 (configuration not changed over the past months)

QUESTION
How to resolve this issue?