EXE and DLLs are assembly executable modules.
EXE is an executable file that runs the application for which it is designed. An EXE is produced when we build an application. Therefore the assemblies are loaded directly when we run an EXE. However, an EXE cannot be shared with the other applications.
Dynamic Link Library (DLL) is a library that consists of code that needs to be hidden. The code is encapsulated inside this library. An application can consist of many DLLs which can be shared with the other programs and applications.
