It depends on where you download it from.
When using the Moto App Launcher APK (specifically the Android 12 optimized versions), users have reported the following:
When you think of near-stock Android experiences, Motorola’s My UX (formerly called Moto Experience) is one of the first names that comes to mind. Central to that experience is the —the default home screen and app drawer manager that powers every modern Motorola smartphone.
The vertical scroll app drawer now includes a persistent search bar at the top. You can also hide apps, sort alphabetically, or show suggested apps based on usage.