Haven't got a M1 Mac for testing… but a quick look around revealed https://mac.getutm.app/ which shows MacOS 9 and Windows XP examples… so we're in the ballpark.
archive.org has Red Hat 5.0 apparently, but is down (some dick threw a digital brick at their windows). I might have a copy on CD though… I'll have a rummage at daylight and see if I can dig one up and rip an ISO for you.
