external sd – Does “How will you use this SD card?” wipe data?

There is a notification almost every time after boot saying “Issue with SD card” “Tap to Fix”.

What happens when I then choose “Use as portable storage”?

I don’t want any formatting to happen and it is not clear if it will format or not. ( My SD card works fine from recovery and I can mount and view it in the terminal without problem. Not sure what the notification is about. )