How to install Xposed framework on Android 12? What about safety net?

Further to these questions: * https://android.stackexchange.com/q/207633/131553 * https://android.stackexchange.com/questions/218179/how-to-install-edxposed-on-android-10-without-triggering-safety-net * https://android.stackexchange.com/q/231176/131553 **How does one install Xposed framework on Android 12?** **Notes:** 1. This is a self answered question for the *fourth year* on this subject! Edxposed is still in beta and Android 12 is recently released, so there would be many changes to this answer in future. Since I do not intend to update this answer with developments, others are welcome to add and modify - sadly, in the previous three questions, there hasn't been a single edit barring mine :( , so this may help the diminishing breed of Xposed module enthusiasts. 2. Answer is generic in nature and for issues relating to installation / modules you are better off asking in respective device/module threads in XDA. Moderators are welcome to make this a community wiki if warranted.