This PeaZip fork ensures the user doesn't end up with intermediate directories when extracting an archive to a new subfolder.
Here is the usual "extract to a new subfolder" behaviour. Note the intermediate "SubDirRoot" directory.
See the GitHub project for more details.
Download the unofficial, unrelated to the real PeaZip, install-at-your-own-risk peazip-fork-5.4.1.WIN64 installer or learn how to build PeaZip yourself, as the installer isn't signed and will probably trigger a security alert.