From what I can see you're missing
VCOMP120.DLL (see the yellow question mark next to it?)
I'm not a Windows user myself (well, not entirely true. I just switched to linux a few days ago, won't ever be going back) but from a little bit of googling all I could really find is "Try rebooting your system to clear out any software conflicts caused by installing new programs/updates." Typical Windows troubleshooting guides.
But, in case you haven't rebooted after installing VC++ 2012 Redistributable, I'd give your computer a nice reboot and then try using the pipeline again to build the PNGs. If there's still an error then...as I said I'm not really a Windows user anymore so I'm not REALLY the best person to help out with this stuff
Edit: IESHIMS.DLL's another one that's missing. Didn't catch that one at first. No idea what the hell that is or what it does.