Thanks for the reply! Unfortunately that didn't help either. I reinstalled Uplay with your instructions and I still get this error.
I think, that it's problem not with my Uplay, but with the game itself. Even when I'm launching it from folder with Uplay turned off it says "sh5 has stopped working". And it's happening quite instant, I don't even see any game screens or loading icons at all, just error message.
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