Configure Bridged Ethernet for Mac Monterey Guest OS VM on M1

SubhashishT

Bit poster
Am using Parallels Desktop for MAC 17.1.1 on a M1 Mac.
My guest OS VM is Mac OS Monterey.

How to edit the configuration of this Guest OS ?
By default its network is set to Internal network with DHCP... I would like to set it to Bridged Ethernet (Ethernet from the host M1) + Manual IP address ?

Please help.
 
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