No, this information is wrong (unless it’s changed in the last 7 years). EV code signing certs are instantly trusted by Windows Defender.
Source: We tried a non-EV code signing certificate for our product used by only dozens of users at the time, never stopped showing scary warnings. When we got an EV, no more issues.
Not true for us. We EV cert sign (the more expensive one) and my CEO ( the only one left that uses Windows) had this very problem. Apparently the first time a newly signed binary is run it can take up to 15 minutes for defender to allow it. First time I saw this, it was really annoying and confusing.
They did change it, I think after some debacle with Nvidia pushing an update. They seem to want devs to submit their files via their portal now to get rid of the screen: https://www.microsoft.com/en-us/wdsi/filesubmission
I've never submitted our installers to there (or anywhere). I'm often the very first to install new builds (particularly our nightlies) and never had a delay or anything.
Source: We tried a non-EV code signing certificate for our product used by only dozens of users at the time, never stopped showing scary warnings. When we got an EV, no more issues.
In case it makes a difference, we use DigiCert.