Hi,
I have the exact same issue. I have a Raspberry Pi 5, 8 GB of RAM. I have a TP-link USB to ethernet adapter, an Ultragear monitor (HDMI cable to microHDMI adapter for Pi connection). I put the firmware files onto the SD card, deleted the kernel files and put in the RPI5 UEFI files from the github repo. I also set the framebuffer to 24 (at 32 I get a blank screen). I've used RuFUS to put the vmware ISO onto a SanDisk 32 GB USB3.2 USB stick and if I boot into it, I get the exact same screen as OP. Does anyone know how to fix this issue? I didn't have any problems installing ESXi vmware onto my Raspberry Pi 4, 4 GB of RAM