Matlab Licensing required to run executables built by LabVIEW Application Builder?

I see at:

https://www.ni.com/docs/en-US/bundle/labview-api-ref/page/functions/script-node.html

it is necessary to have a Matlab license to run a Matlab script in a Matlab Script Node. This means, of course, that this license is required to run Matlab Script in the LabVIEW IDE as source code. But is a Matlab license also required to run an executable built by the Application Builder from G Code that has in it Matlab code in a LabVIEW's Matlab Script Node?