Hi ,
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Based on my research,Windows Server 2016 supports Wake on LAN feature.
>>If Yes, does WOL supported for S3, S4 and S5 power states ?
WOL is supported only from sleep (S3) or hibernation (S4) states in server 2016. Windows Server 2016 cannot be remote-started using Wake-on-LAN from the S5 state.
For more details, please refer to the following link:
http://www.tomsitpro.com/articles/remote-start-windows-server-2016,1-3426.html
Please Note: Since the web site is not hosted by Microsoft, the link may change without notice. Microsoft does not guarantee the accuracy of this information.
Best Regards,
Candy