config		complete configuration file
defconfig	shortened configuration file
Image		Compiled kernel image based on v6.1-rc2-105-gb229b6ca5abb
rootfs.cpio	initrd
run.sh		Script to run qemu from this directory
		replace "Image" with "arch/arm64/boot/Image"
		to run from linux source directory
		Add "noreboot" command line option to prevent it
		from shutting down automatically.

Build kernel (assuming aarch64-linux- is the compiler prefix):

cp <path-to-config>/config .config
make ARCH=arm64 CROSS_COMPILE=aarch64-linux-

or:

cp <<path-to-config>/defconfig .config
make ARCH=arm64 CROSS_COMPILE=aarch64-linux- olddefconfig
make ARCH=arm64 CROSS_COMPILE=aarch64-linux-

I used qemu 7.0 and gcc 11.3.0 with binutils 2.39 for my tests.
I also tested with qemu 7.1 and 4.2.1 (from Ubuntu 20.04),
so the qemu version should be irrelevant.