This package is not working for me under systemd-boot using “bit safe” Option 1 during install. Option 4 intended for bootctl fails via command not found which seems to be a bug.
This post provides some guidance but manually creating a configuration file and trying to add it
/efi/loader/entries/memtest86-efi.conf
title memtest86-efi
efi /EFI/memtest86/shellx64.efi
bootctl update
Select memtest86-efi action to perform:
1: Copy shellx64.efi file on ESP at /EFI/memtest86 (bit safe)
2: Add a new EFI boot entry (more safe)
3: Add a boot entry for GRUB2 menu
4: Add a boot entry for systemd-boot menu
5: Cancel
1
MemTest86 is installed into /efi/EFI/memtest86/ directory.
'/usr/share/memtest86-efi/blacklist.cfg' -> '/efi/EFI/memtest86/blacklist.cfg'
'/usr/share/memtest86-efi/mt86.png' -> '/efi/EFI/memtest86/mt86.png'
'/usr/share/memtest86-efi/unifont.bin' -> '/efi/EFI/memtest86/unifont.bin'
'/usr/share/memtest86-efi/bootx64.efi' -> '/efi/EFI/memtest86/shellx64.efi'
Writting configuration...
MemTest86 has been installed in ESP.
I should mention the hardware is an MSI board that is quirky with esp/efi.