The usual suspects...
Archive Utilitiy ⇢ Unarchive A Password Protected Zip File v1.00.kmmacros (7.7 KB)

NOTE – you may get better performance out of The Unarchiver than from the macOS Archive Utility. I haven't tested it in a while, but I used it in preference to the AU for many years and may go back to it when I have system hardware with more space again.