VST scan pop up window Waves

[Al Robbins 4]

Every VST scan I get the pop up window that reads, “Select Waves 9.7 SG Studio  Modules folder.” 

I have always just clicked Cancel and the scan proceeds. All of my Waves plugins work fine and all of the other party plugins I have work just fine. 

Am I supposed to pick the Waves folder? 

If so, it seems like this is the path C/Program Files (x86)/Waves. The folder icon looks different than the other folders - it has a Waves logo on it. 

If I select that folder will it mess anything up? I just updated all my Waves plugins from 2018 and everything in the above mentioned folder shows as V10 or V11.

The popup window has 9.7 to select. 

Does that matter?

Thanks,

Al