Your computer clearly does not meet the System Requirements for Elements 2022. However, that does not mean that it won't work on your machine. It means that if you run into trouble on your machine, Adobe Support will not help you. It also means that some newer features might not work or work well.
If you want to wait for someone with your exact machine specfications to come by and tell you whether Elements 2022 works on their machine, don't hold your breath. That is why I suggested that you try it risk-free for yourself. If you are able to install the program, only you will be able to tell whether any possible deficiencies in feature performance are a deal-breaker for you. If you are unable to install the program, that will provide an easy answer too.