Here we are going to rip one or more audio tracks to MP2 format.

First of all change the view to Multimedia View and click Settings button to configure your settings.

In Settings window click the Output button. Output Settings window will open.

In Output Settings window select MP2, make sure you know where your Output Folder is and click Ok to confirm and close the window.
Click Ok to close Settings window too.

Finally in the list select any number of tracks and click Rip button and when conversion is done find the ripped files in the Output Folder.