No .ipa file after running xcodebuild -exportArchive using XCode 16.2

Question

I try to generate an .ipa file from the command line using XCode 16.2.

I have successfully created a .xcarchive file, yet when I execute the following command:

xcodebuild \
    -exportArchive \
    -archivePath ${BUILDDIR}/${PROJECT_NAME}.xcarchive \
    -exportOptionsPlist ./ExportOptions.plist \
    -exportPath ${XCODE_EXPORT_PATH} \
    -allowProvisioningUpdates

no .ipa file is generated in (existing) XCODE_EXPORT_PATH directory - only ExportOptions.plist and DistributionSummary.plist files and Packaging.log file.

In ${XCODE_EXPORT_PATH}/Packaging.log file I can see "[MT] Processing step: IDEDistributionCreateIPAStep" followed by execution of ditto command which should copy some file(s) to /var/folders/xr/.../XCodeDistPipeline.../Packages/${PROJECT_NAME}.ipa file; there are no errors.

Here is my ExportOptions.plist file:

<?xml version="1.0" encoding="UTF-8"?>
<!DOCTYPE plist PUBLIC "-//Apple//DTD PLIST 1.0//EN" "http://www.apple.com/DTDs/PropertyList-1.0.dtd">
<plist version="1.0">
<dict>
    <key>compileBitcode</key>
        <false/>
    <key>destination</key>
        <string>export</string>
    <key>manifest</key>
    <dict>
        <key>appURL</key>
                <string>$AWS_BUCKET/MyApp.ipa</string>
        <key>displayImageURL</key>
                <string>$AWS_BUCKET/Image.png</string>
        <key>fullSizeImageURL</key>
                <string>$AWS_BUCKET/Image.png</string>
    </dict>
    <key>method</key>
        <string>debugging</string>
    <key>signingStyle</key>
        <string>automatic</string>
    <key>stripSwiftSymbols</key>
        <true/>
    <key>teamID</key>
        <string>MY_TEAM_ID</string>
    <key>thinning</key>
        <string>&lt;none&gt;</string>
</dict>
</plist>

Where can I find that file or what to do to actually generate it?