You have a Hyper-V host (Server1) running Windows Server 2019 hosting VM1 with a static IP (192.168.10.15), configuration version 8.0, virtual network VNet1, and Generation 1. After exporting VM1 from Server1 and importing it into Server2 (Windows Server 2025) using Hyper-V Manager, which VM settings will be retained?

When importing a Hyper-V VM, the virtual network connection and the VM generation are retained. The virtual network connection is a setting of the VM itself, linking it to a specific virtual switch. The generation (Generation 1 or 2) is a fundamental architectural choice made at VM creation and cannot be changed. The IP address, if static, is configured within the guest operating system of the VM, not as a Hyper-V VM setting. Therefore, Hyper-V does not manage or retain this setting during an import. The configuration version is tied to the Hyper-V host's version. When importing a VM from an older host (Server1 with Server 2019, config version 8.0) to a newer host (Server2 with Server 2025), the configuration version will be upgraded to match the capabilities of the new host, not retained at the older version.