The vulnerability report states the following -
Progress Telerik UI for ASP.NET AJAX through 2019.3.1023 contains a .NET deserialization vulnerability in the RadAsyncUpload function. This is exploitable when the encryption keys are known due to the presence of CVE-2017-11317 or CVE-2017-11357, or other means. Exploitation can result in remote code execution. (As of 2020.1.114, a default setting prevents the exploit. In 2019.3.1023, but not earlier versions, a non-default setting can prevent exploitation.)
Related to the RadAsyncUpload function.
None of the following products use any version of the RadAsyncUpload function in its codebase and therefore are not affected by this vulnerability: