
The message in Event Viewer you provide seems to be a notice instead of error. It is suggested to remove the automatic recycle or schedule a time for the daily recycling, which seems to be set in your farm already based on the event message.
You can double check if you have set the schedule for recycling via IIS > Application Pool > Recycling... on the right sidebar, referring to this blog.
If you want to find out the root cause of this issue, it is recommended to open a support ticket with Microsoft to have a dedicated Technical Professional to investigate, as we can only provide suggestions on troubleshooting in the forum.
Please see the contact number for your region via this entrance: Global Customer Service phone numbers.
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