diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9bf834acd..70baf6e0c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -31,6 +31,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Drives with a directory containing a folder named 'folder' will now restore without error.
 - The CORSO_LOG_FILE env is appropriately utilized if no --log-file flag is provided.
 - Fixed Exchange events progress output to show calendar names instead of IDs.
+- Fixed reporting no items match if restoring or listing details on an older Exchange backup and filtering by folder.
 
 ### Known Issues
 - Restoring a OneDrive or SharePoint file with the same name as a file with that name as its M365 ID may restore both items.
diff --git a/src/pkg/selectors/exchange.go b/src/pkg/selectors/exchange.go
index 4b0ac0ae5..e0c324157 100644
--- a/src/pkg/selectors/exchange.go
+++ b/src/pkg/selectors/exchange.go
@@ -617,8 +617,15 @@ func (ec exchangeCategory) pathValues(
 		item = repo.Item()
 	}
 
+	// Will hit the if-condition when we're at a top-level folder, but we'll get
+	// the same result when we extract from the RepoRef.
+	folder := ent.LocationRef
+	if len(folder) == 0 {
+		folder = repo.Folder(true)
+	}
+
 	result := map[categorizer][]string{
-		folderCat: {ent.LocationRef},
+		folderCat: {folder},
 		itemCat:   {item, ent.ShortRef},
 	}