I'm submitting a bug report

Webpack Version:
5.8.0
Babel Core Version:
7.12.9
Babel Loader Version:
8.2.2
Please tell us about your environment:
Linux

Current behavior:
Basically all works good but the whole bundle is wrapped inside IIFE which is an arrow function, I think it shouldn't be like that since im using babel properly - with @babel/preset-env

Expected/desired behavior:
Wraps bundle in IIFE normal func