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It actually depends on the exported file sample format: if not a 32-bit float, the pcm signal gets hard-clipped/damaged if it tips over 0dBfs.

IOW. When not doing final mastering, you're here recommended to either use:
a. WAV Microsoft: Float 32/64-bit (lossless);
b. FLAC Free Lossless Audio Codec: Float 32/64-bit (also lossless as name implies);
c. OGG Vorbis: Float 32-bit by definition (lossy).

byee

EDIT: removed FLAC as it doesn't support Float 32/64-bit.