Most of the installation prerequisites and windows features are similar to SharePoint 2016 on Windows Server 2012 R2 but some of them are deprecated in Windows Server 2016.

To enable Windows features, run the following:

Add-WindowsFeature Web-Server,Windows-Identity-Foundation,NET-Framework-45-ASPNET,Web-Mgmt-Console,Web-Mgmt-Compat,Web-Metabase,Web-Lgcy-Mgmt-Console,Web-Lgcy-Scripting,Web-Mgmt-Tools,Web-WMI,Web-Common-HTTP,NET-HTTP-Activation,NET-Non-HTTP-Activ,NET-WCF-HTTP-Activation45  -source Z:\sources\sxs

Prerequisites offline download and installation:

Download the following perquisites:
SQL Client (SQLnCli.msi)
Microsoft Identity Extension (MicrosoftIdentityExtensions-64.msi)
Microsoft Sync Framework 1.0 SP1 (Synchronization.msi)Extract the appropriate file from the ZIP package.
AppFabric 1.1 (WindowsServerAppFabricSetup_x64.exe)
Cumulative Update 7 (KB3092423) for Microsoft AppFabric 1.1 for Windows Server (AppFabric-KB3092423-x64-ENU.exe)
Active Directory Rights Management Services Client 2.1 (setup_msipc_x64.exe)
Windows Communications Framework Data Services 5.6.0 (WcfDataServices56.exe)
.NET Framework 4.6.2 (NDP462-KB3151800-x86-x64-AllOS-ENU.exe)
Visual C++ 2012 Redistributable Package (vcredist_x64.exe)
Visual C++ 2015 Redistributable Package (vc_redist.x64.exe)

Save the above download to folder for e.g. “c:\SharePointPreReq” . Mount SharePoint 2016 installation DVD – in my case it is D:\. Run the following two PowerShell commands as administrator:

$SharePoint2016Path = "C:\SharePointPreReq"
Start-Process "D:\PrerequisiteInstaller.exe" -ArgumentList "/SQLNCli:$SharePoint2016Path\sqlncli.msi /IDFX11:$SharePoint2016Path\MicrosoftIdentityExtensions-64.msi /Sync:$SharePoint2016Path\Synchronization.msi /AppFabric:$SharePoint2016Path\WindowsServerAppFabricSetup_x64.exe /MSIPCClient:$SharePoint2016Path\setup_msipc_x64.exe /WCFDataServices56:$SharePoint2016Path\WcfDataServices.exe /DotNetFx:$SharePoint2016Path\NDP462-KB3151800-x86-x64-AllOS-ENU.exe /MSVCRT11:$SharePoint2016Path\vcredist_x64.exe /MSVCRT14:$SharePoint2016Path\vc_redist.x64.exe /KB3092423:$SharePoint2016Path\AppFabric-KB3092423-x64-ENU.exe"