No, you can't install an older patch. I would suggest you follow the advice for that vulnerability if you want to fix:
What happen about this? Please suggestion!

Dear All,
Last Friday, I have updated latest SU as the security update for Microsoft Exchange Server 2019, 2016, and 2013: February 14, 2023 (KB5023038) for all Exchange Servers but today I still get the Exchange Server Vulnerability "CVE-2021-34473" and "CVE-2021-31206" notification from Trend Micro product please see the picture below, latest SU no fix these CVEs?
Thank you very much,
Tanisorn.
Exchange | Exchange Server | Other
Exchange | Exchange Server | Development
Exchange | Exchange Server | Management
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Andy David - MVP 157.8K Reputation points MVP Volunteer Moderator
2023-02-22T14:21:55.53+00:00
2 additional answers
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Andy David - MVP 157.8K Reputation points MVP Volunteer Moderator
2023-02-22T12:37:12.56+00:00 There was a known issue with the initial offered SU, you may want to download it again and reinstall
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Andy David - MVP 157.8K Reputation points MVP Volunteer Moderator
2023-02-22T13:35:52.02+00:00 CVE-2021-31206 is old though right?
Run the health checker against your servers instead to verify you are up to date:
https://microsoft.github.io/CSS-Exchange/Diagnostics/HealthChecker/
If it says you are good, then you are ok and the Trend Micro stuff is wrong.