Veeam Linux CLI extract utility: How to extract encrypted .vbk

List backups using

extract -dir -password 'mypassword' /backups/backup_2022-11-19T000028.vbk

Extract using

extract -restore -password 'mypassword' /backups/backup_2022-11-19T000028.vbk /backups/restore

This will restore the files or image to the /backups/restore directory.