Sorry but, no, this doesn’t seem to be correct. It may be correct for the default install path, but for installing in a non-default folder on a non-primary harddrive it definatelly isn’t.
Hence the downvote. Please refer to the accepted answer.
EDIT: If however I’m wrong and a Epic Games subfolder appears in my Program files and I find out I was wrong and did you unjustice, I will remove the downvote. But until then, the downvote stays until I’m proven wrong; a screenshot will do too.