Sometimes, but check the BIOS release notes. Some ASUS boards require intermediate updates (e.g., update to 2.0 first) for a new microcode or capsule structure.
Once in the BIOS, press F7 or click "Advanced Mode" with your mouse. asus ez flash 3 utility v03.00 update
: If you are on a laptop, the utility often requires the device to be connected to AC power and have at least a 20% battery charge before it allows the update to proceed. How to Use the Utility Sometimes, but check the BIOS release notes
If you want, I can:
Community feedback on forums (Reddit r/ASUS, Overclock.net) regarding the has been largely positive. asus ez flash 3 utility v03.00 update