The standard formatting tools built into Windows are limited, as they only allow partitions up to 32GB to be formatted as FAT32, so to format a 64/128GB partition as FAT32 you need to use a third-party formatting tool.
A simple tool to do this is FAT32 Format which downloads as a single file namedguiformat.exe– no installation is necessary.
GUI version does not work with more than one USB connected devices and SD card adapter is not the first one. I had to download command line version fat32format.exe
Run the SD Formatter tool first to ensure that any other partitions on the SD card are deleted. Then run the FAT32 Format (guiformat.exe) tool, ensure you choose the correct drive letter, leave the other options at their default settings, and click “Start”. After it has finished, you can proceed with the rest of the NOOBS instructions.
Source: Formatting an SDXC card for use with NOOBS – Raspberry Pi Documentation