How Export P3 D65 Gamma 2.2 / 16-bit EXR Image Sequence?

Hello All,

     I have an exr image sequence that was color graded and output in the color space / specs P3 D65 Gamma 2.4. I imported that sequence into an AE project, then made the working color space "P3 D65 2.4" and the depth 16 bits per channel in Project Settings (as the client wants me to deliver 16-bit). 

     When I prep for export, in the Output Module Settings under Color Management, I have the Output Profile as "Working Space - P3 D65 Gamma 2.4" and "convert to linear light" is off. Depth is set to "floating point" as that's the only option.

      When I click "Render," I get a pop-up window that states "output color depth exceeds project color depth."

      I just want to make sure that my output settings are, indeed, correct to deliver a 16-bit color depth EXR sequence in the P3 D65 Gamma 2.4 color space as my monitors can't display that color space correctly.

       Thank you for your time and assistance. It is greatly appreciated!

Best,

LB