Hi @NTforGood
Here is a documentation which may be helpful:
Troubleshooting 502 errors in ARR
Please follow the advice in the link to check if the cause can be network issues between the ARR server and Exchange server.
Besides, do you have the required certificate installed on Exchange and the ARR server?
A similar thread: IIS 10 Reverse Proxy 502.3 - Bad Gateway Security Error
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